ISRAEL FREES 200 PRISONERS

MURDER

GENESIS 4:8-11 (THE FIRST MURDER)
8 And Cain talked with Abel his brother: and it came to pass, when they were in the field, that Cain rose up against Abel his brother, and slew him.
9 And the LORD said unto Cain, Where is Abel thy brother? And he said, I know not: Am I my brother's keeper?
10 And he said, What hast thou done? the voice of thy brother's blood crieth unto me from the ground.
11 And now art thou cursed from the earth, which hath opened her mouth to receive thy brother's blood from thy hand;

GENESIS 6:11-13 (EARTH DESTROYED BECAUSE OF TERRORISM,MURDERS)
11 The earth also was corrupt before God, and the earth was filled with violence.
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence through them; and, behold, I will destroy them with the earth.

EXODUS 20:13
13 Thou shalt not kill.(Murder)

REVELATION 9:20-21
20 And the rest of the men which were not killed by these plagues yet repented not of the works of their hands, that they should not worship devils,(OCCULT) and idols of gold, and silver, and brass, and stone, and of wood: which neither can see, nor hear, nor walk:
21 Neither repented they of their murders, nor of their sorceries,(DRUG ADDICTIONS) nor of their fornication,(SEX OUTSIDE OF MARRIAGE) nor of their thefts.(STEALING)

LUKE 21:25
25 And there shall be signs in the sun,(OZONE DEPLETION) and in the moon,(FIRST MAN ON MOON) and in the stars;(JUPITER BOMBARDED ETC) and upon the earth distress of nations, with perplexity;(MASS CONFUSION) the sea and the waves roaring;
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.

Winnipeg man guilty of 2nd-degree murder for dismembering sex partner in bathtub By The Canadian Press

WINNIPEG - A man who admitted to beheading and dismembering a fellow he picked up in a bar has been found guilty of second-degree murder. Sydney Teerhuis-Moar had argued during his trial that he was so high on booze and drugs he couldn't remember killing Robin Greene and stacking his body parts in a bathtub. But the jury decided that didn't relieve him of responsibility for his crime and rejected his bid to be found guilty of manslaughter instead. The trial had a bizarre Hollywood twist - a necklace belonging to actress Susan Sarandon was found in the hotel room where Greene was killed. It had been stolen from the set of Sarandon's movie Shall We Dance, which was filming in Winnipeg at the time of the slaying. Teerhuis-Moar was never charged in its theft and the trial never heard any evidence explaining its presence.

Teerhuis-Moar is to be sentenced Friday.

In his closing arguments last week, defence lawyer Greg Brodsky asked jurors to leave emotion out of their deliberations. While admitting the crime was horrific, he told the jury: You can't decide my client is a horrible person.He also suggested that no sane and sober person would stab the victim 68 times, cut off his head and penis, pluck out one eye, remove and discard all the internal organs and leave the remaining torso cut into eight pieces and stacked in the bathtub of his hotel room.

Crown prosecutor Sheila Leinburd suggested that Teerhuis-Moar was simply evil.How drunk does a man have to be to do this to another human being? she asked. The killing was merciless.Crucial evidence at the trial was a series of letters Teerhuis-Moar wrote to a prospective author of a book on the case. In the letters, Teerhuis-Moar made crude jokes about the death and suggested he had committed necrophilia. The Crown argued the details in the letters proved he remembered exactly what he had done. Teerhuis-Moar argued he was a victim of his own desire for fame and made up the details to make a better story.

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

Government to open UK citizen databases to foreign authorities Author: Antony Savvas Posted: 11:52 15 Dec 2008 Topics: Databases

The UK government has agreed with a European Commission plan to allow EU member states to share information held in citizen databases in criminal investigations.All 26 member states will be able to check data held in databases covering areas such as driver registration, DNA and fingerprints, reports The Daily Telegraph.The Conservative Party said a disproportionate number of innocent British citizens will be sucked into foreign criminal investigations, as a result of incorrect matches on leads which form part of foreign investigations.As the UK seems to be building more citizen databases than many other EU countries, this may prove to be the case.The newspaper said a nightmare scenario for a British citizen is a false fingerprint-DNA or number plate match linking them to a rape, murder or other serious crime. The agreement is backed by the European arrest warrant, which provides for a speedy extradition. The Home Office said, This initiative will bring benefits to law enforcement authorities in investigating and prosecuting serious crime. It will speed up existing procedures for member states to find out whether any other state has the information it needs, often returning a hit or no hit within 50 seconds.

JESUS RETURNS TO EARTH BODILY LIKE HE LEFT

ACTS 1:10-11
10 And while they looked stedfastly toward heaven as he went up, behold, two men stood by them in white apparel;
Joel 3:2
11 Which also said, Ye men of Galilee, why stand ye gazing up into heaven? this same Jesus, which is taken up from you into heaven, shall so come in like manner as ye have seen him go into heaven.

Whose Promised Land? Psalm 78:54-55 (ISRAELS)
54 And He brought them to His holy border, This mountain which His right hand had acquired.
55 He also drove out the nations before them,Allotted them an inheritance by survey, And made the tribes of Israel dwell in their tents.

JESUS RETURNS TO EARTH BODILY TO RULE AND REIGN FROM DAVIDS THRONE FOREVER AND WE COME BACK WITH HIM ON WHITE HORSES.

ACTS 1:10-11
10 And while they looked stedfastly toward heaven as he went up, behold, two men stood by them in white apparel;
11 Which also said, Ye men of Galilee, why stand ye gazing up into heaven? this same Jesus, which is taken up from you into heaven, shall so come in like manner as ye have seen him go into heaven.

ZECHARIAH 14:4
4 And his feet shall stand in that day upon the mount of Olives, which is before Jerusalem on the east, and the mount of Olives shall cleave in the midst thereof toward the east and toward the west, and there shall be a very great valley; and half of the mountain shall remove toward the north, and half of it toward the south.

REVELATION 19:11-16
11 And I saw heaven opened, and behold a white horse; and he that sat upon him was called Faithful and True, and in righteousness he doth judge and make war.
12 His eyes were as a flame of fire, and on his head were many crowns; and he had a name written, that no man knew, but he himself.
13 And he was clothed with a vesture dipped in blood: and his name is called The Word of God.
14 And the armies which were in heaven followed him upon white horses, clothed in fine linen, white and clean.
15 And out of his mouth goeth a sharp sword, that with it he should smite the nations: and he shall rule them with a rod of iron: and he treadeth the winepress of the fierceness and wrath of Almighty God.
16 And he hath on his vesture and on his thigh a name written, KING OF KINGS, AND LORD OF LORDS.

JUDE 14-16
14 And Enoch also, the seventh from Adam, prophesied of these, saying, Behold, the Lord cometh with ten thousands of his saints,
15 To execute judgment upon all, and to convince all that are ungodly among them of all their ungodly deeds which they have ungodly committed, and of all their hard speeches which ungodly sinners have spoken against him.
16 These are murmurers, complainers, walking after their own lusts; and their mouth speaketh great swelling words, having men's persons in admiration because of advantage.

Bethlehem gears up for a busy Christmas Mon Dec 15, 4:43 pm ET

BETHLEHEM, West Bank (AFP) – The traditional birthplace of Jesus is preparing to welcome a record number of tourists in its first year of relative calm in the West Bank since 2000, Bethlehem's mayor said on Monday.Victor Batarseh said at his annual news conference ahead of Christmas and the New Year celebration that there has been a clear improvement in the situation of tourism since the beginning of the year.He said the West Bank town where Christians believe Jesus was born was expecting to host more than a million tourists and pilgrims from now until the end of the year.

Some 5,000 hotel rooms in the town on the southern outskirts of Jerusalem are fully booked for Christmas week, Batarseh said.Bethlehem was hard hit following the outbreak of the second Palestinian intifada in 2000 and the building of the Jewish state's controversial West Bank barrier that encircles much of Bethlehem.The revival of the local tourism industry has also led to a sharp drop in unemployment from 50 percent in 2005 to 22 percent in 2008, Batarseh said.The Palestinian mayor nevertheless decried the Israeli military presence and roadblocks around the town.As mayor, it is my duty to turn your attention to the suffering endured by the residents of this town and the humiliation and injustice that the (Israeli) occupation puts them through, he said.The relative improvement of the occupied West Bank's economy was one of the few visible achievements of the US-backed Middle East peace talks which were launched in November 2007 but have failed so far to yield a peace treaty.

WORLD GOVERNMENT

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.

FROM JEROME CORSI'S RED ALERT Economic crisis stalls NAFTA superhighway,Good news for those opposing Security and Prosperity Partnership of North America December 15, 2008 10:27 pm Eastern

Editor's Note: The following report is excerpted from Jerome Corsi's Red Alert, the premium online newsletter published by the current No. 1 best-selling author, WND staff writer and columnist. Subscriptions are $99 a year or $9.95 per month for credit card users. Annual subscribers will receive a free autographed copy of The Obama Nation, the blueprint for Obama's first term in office.In the midst of an economic storm, there is good news for those opposing North American integration under the Security and Prosperity Partnership of North America, or SPP, Jerome Corsi's Red Alert reports. As the U.S. and global economy slows, the volume of freight being moved internationally over intermodal ship-train-truck connections is also slowing. This is reducing the immediate pressure to reconfigure the U.S. transportations system into a global network for moving containers. Still, the pressure to reconfigure the U.S. into NAFTA Superhighway container-moving structures should be expected to resume, perhaps even as a stimulus to jump start now lagging global free trade,Corsi wrote.

Freight traffic on U.S. railroads in December appears to be dropping almost as low as the record 10 percent plunge that occurred in November. Intermodal container volume is also down nearly 10 percent from last year, reflecting the overall decline in global trade. While the U.S. railroad industry appears to have enough capital to weather even a strong recession, Corsi notes, its trucking industry is entering 2009 in a weakened state. It was plagued by high gas prices in the early part of 2008, only to experience a significant dip in truck freight demand beginning in September, even as gas prices eased. Even Texas' Gov. Rick Perry is receiving increased opposition over the Trans-Texas Corridor, he wrote. The TTC-35 project to build a new four-football-fields wide truck/train/automobile/pipeline toll road parallel to Interstate 35 is facing mounting opposition.WND has reported that in 2007, Perry vetoed multiple pieces of legislation passed by the Texas legislature to block TTC projects, including one bill that would have placed a two-year moratorium on TTC-35 construction. Now Red Alert's author, whose books The Obama Nation and Unfit for Command have appeared atop the New York Times best-sellers list, reports a growing number of Texas legislators are pushing for a TTC suspension

Red Alert's Jerome Corsi received his Ph.D. from Harvard University in political science in 1972. For nearly 25 years beginning in 1981, he worked with banks throughout the United States and around the world to develop financial services marketing companies to assist banks in establishing broker/dealers and insurance subsidiaries to provide financial planning products and services to their retail customers. In this career, Corsi developed three different third-party financial services marketing firms that reached gross sales levels of $1 billion in annuities and equal volume in mutual funds. In 1999, he began developing Internet-based financial marketing firms, also adapted to work in conjunction with banks. In his 25-year financial services career, Corsi has been a noted financial services speaker and writer, publishing three books and numerous articles in professional financial services journals and magazines. For more on the future of the NAFTA superhighway and for financial guidance during difficult times, read Jerome Corsi's Red Alert, the premium, online intelligence news source by the WND staff writer, columnist and author of the New York Times No. 1 best-seller, The Obama Nation.

LAND FOR PEACE (THE FUTURE 7 YEARS OF HELL ON EARTH)

JOEL 3:2
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people and for my heritage Israel, whom they have scattered among the nations, and parted my land.

THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS

Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.

DANIEL 9:26-27
26 And after threescore and two weeks(62X7=434 YEARS+7X7=49 YEARS=TOTAL OF 69 WEEKS OR 483 YRS) shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary;(ROMAN LEADERS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.(THERE HAS TO BE 70 WEEKS OR 490 YRS TO FUFILL THE VISION AND PROPHECY OF DAN 9:24).(THE NEXT VERSE IS THAT 7 YR WEEK OR (70TH FINAL WEEK).
27 And he( THE ROMAN,EU PRESIDENT) shall confirm the covenant with many for one week:(1X7=7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,(3 1/2 yrs in TEMPLE SACRIFICES STOPPED) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.

ISAIAH 28:14-19 (THIS IS THE 7 YR TREATY COVENANT OF DANIEL 9:27)
14 Wherefore hear the word of the LORD, ye scornful men, that rule this people which is in Jerusalem.
15 Because ye have said, We have made a covenant with death, and with hell are we at agreement; when the overflowing scourge shall pass through, it shall not come unto us: for we have made lies our refuge, and under falsehood have we hid ourselves:
16 Therefore thus saith the Lord GOD, Behold, I lay in Zion for a foundation a stone, a tried stone, a precious corner stone, a sure foundation: he that believeth shall not make haste.
17 Judgment also will I lay to the line, and righteousness to the plummet: and the hail shall sweep away the refuge of lies, and the waters shall overflow the hiding place.
18 And your covenant with death shall be disannulled, and your agreement with hell shall not stand; when the overflowing scourge shall pass through, then ye shall be trodden down by it.
19 From the time that it goeth forth it shall take you: for morning by morning shall it pass over, by day and by night: and it shall be a vexation only to understand the report.

Quartet says U.S.-led Mideast talks irreversible
Mon Dec 15, 8:21 PM By Louis Charbonneau

UNITED NATIONS (Reuters) - The Quartet of Middle East peace negotiators said on Monday there was no turning back from U.S.-led talks between the Israelis and Palestinians even though they have failed so far to produce a peace agreement.In a statement issued after a meeting of Quartet members -- the United States, Russia, the European Union and the United Nations -- the group said the negotiations launched last November in Annapolis, Maryland should be accelerated.The bilateral negotiations process launched at Annapolis is irreversible and ... these negotiations should be intensified in order to put an end to the conflict and to establish as soon as possible the state of Palestine, living side by side in peace and security with Israel, it said.The statement criticized both Israel and the Palestinians and urged both sides to do more for the talks.The group condemned indiscriminate attacks on Israel and urged Palestinians to continue work on reforming their security services and to dismantle the infrastructure of terrorism.

It also urged Israel to freeze all settlement activities, which have a negative impact on the negotiating environment and on Palestinian economic recovery, and to address the growing threat of settler extremism.The Quartet also expressed concern about the Israeli blockade of Gaza, saying the provision of humanitarian supplies to Gaza must be assured continuously.U.S. Secretary of State Condoleezza Rice spoke about a U.S.-drafted resolution on the Israeli-Palestinian negotiations the U.N. Security Council is expected to vote on Tuesday.

PROGRESS

Rice said that resolution would put the international community on record in believing in the irreversibility of the Annapolis process -- a process she has been overseeing.Rice also dismissed suggestions that the failure to get an Israeli-Palestinian peace deal by the end of the year, as the administration of President George W. Bush had aimed for, meant the process had been a failure.They have achieved a good deal of progress in their negotiations, Rice told reporters after the Quartet meeting. If that process takes a little bit longer, so be it.Libya, the only Arab member of the U.N. Security Council, criticized the U.S. draft resolution for avoiding any mention of specific complaints the Palestinians have raised.

Ignoring completely what Israel is doing there I think will not help ... support for this draft resolution, Libya's U.N. Ambassador Giadallah Ettalhi told reporters.
Asked if he planned to vote against the text, Ettalhi said he was still awaiting instructions from Tripoli.Among the issues he said he would like to see included in the resolution are the blockade of Gaza and settlements.With most members of 15-nation council backing the text, it will most likely pass even if the Libyans vote against it. But diplomats said they would prefer to have Arab backing and a unanimous vote in favor.If approved, it will be the Security Council's first resolution on the Israeli-Palestinian conflict since November 2003, when it endorsed the Middle East road map peace plan for eventual Palestinian statehood.Rice, her Russian counterpart Sergei Lavrov and British Foreign Secretary David Miliband are among those expected to attend the council debate on the U.S. draft resolution.
(Additional reporting by Susan Cornwell in Washington; editing by Todd Eastham)

CNN NEWS VIDEO
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LAURIE ROTH SHOW 10PM-1AM MON-FRI
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MIDEAST CONFLICT NEWS
http://news.yahoo.com/video/1874;_ylt=A0wNcxFdg6xIgbkAwD6z174F

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HOARDING OF GOLD AND SILVER

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/

HALF HOUR DOW RESULTS TUE DEC 16,2008

09:30 AM +27.60
10:00 AM +79.01
10:30 AM +90.64
11:00 AM +88.17
11:30 AM +105.29
12:00 PM +120.19
12:30 PM +108.32
01:00 PM +89.52
01:30 PM +109.20
02:00 PM +97.57
02:30 PM +166.86
03:00 PM +221.10
03:30 PM +355.07
04:00 PM +359.61 8924.14

S&P 500 913.18 +44.61

NASDAQ 1589.89 +81.55

GOLD 858.10 +21.60

OIL 44.03 -0.48

TSE 300 8713.91 +252.08

CDNX 723.46 +6.65

S&P/TSX/60 529.43 +17.15

MORNING,NEWS,STATS

Dow +73 points at 4 minutes of trading today.
Dow +46 points at low.
Dow +136 points at high.

Dow,S&P are now higher for the week with todays gains so far.

NYSE STATS 10:30AM
Advances 2205,Declines 669,Unchanged 109.
New Highs 1,New Lows 19.
NASDAQ STATS 10:30AM
Advances 1801,Declines 625,Unchanged 186.

AFTERNOON,NEWS,STATS

Dow +136 points at high.
Dow +46 points at low today.

ANGLICAN CHURCHES IN ENGLAND change Manger scene. This is Sick I agree with PAT.
TRATIONAL:JESUS,MARY,JOSEPH,WITH WISE MEN,ANGELS AND SHEPHERDS.
NEW:hindu snowman,a chinese dragon and a Jewish Temple.
Pat Robertson's comment:Hindu snowman,come off it. Christmas is celebrating the Birth of Jesus Christ,PERIOD.ANGELS announcing the BIRTH of the SON OF GOD to save the SINS of thw WORLD.That what its all about.It isn't being nice to hindus and muslims.This is the Christian TRUTH.

10,046 ROCKETS AND MORTERS SHOT ON ISRAEL BY THE ARABS SINCE 2000.....SICKOS.

INTEREST RATE WILL VARY FROM 0% TO 0.25% ONLY.
EURO SKYROCKETS TO $1.40 AGAINST U.S DOLLAR ON RATE CUTE.

FED:FOMC RATE CUTE STATEMENT:
-Weak economic conditions likely to warrant exceptionally low FED FUNDS RATE.
-Will employ all available tools to promote resumption of growth.
-FED sets target range for federal funds rate from 0% to 0.25%.
-To support financial market function,stimulate economy through operations.
-Will use other measures to sustain balance sheet at high level.
-Will buy large quantities of agency debt,MBS to support housing.
-Will evaluate potential benefits of purchasing longer term treasury securities.
-Inflationary pressures have diminished,will moderate furthur.
-Labor market conditions have weakened,spending investment declining.
-Financial markets quite strained,credit tight,outlook has weakened furthur.
-Todays actions were done with unanamous vote.

WRAPUP,NEWS,STATS

Dow +395 points at high.
Dow +46 points at low.
Dow +4% today.
S&P +5% today.
Nasdaq +5% today.
Dow coming off 1st 2 day streak of non triple digit moves since SEPT 3,08
Dow has not had 3 day streak of non triple digit moves since JUNE 25,08
Major averages have alternated between gains and losses for 7 sessions.
Stocks Soar as FED cuts target rate to record low.
THE DOLLAR HAS DROPPED IN A 2 DAY PERIOD THE WORST EVER AGAINST THE EURO.

Stocks surge after Fed cuts rates to record lows DEC 16,08
^DJI 8,924.14 +359.61
^GSPC 913.18 +44.61
^IXIC 1,589.89 +81.55

NEW YORK – A surprised Wall Street bolted higher Tuesday after the Federal Reserve's historic decision to further slash interest rates and pledge broad support to revive the troubled economy.The Dow Jones industrials surged 360 points, or 4.2 percent, and broader indexes jumped more than 5 percent after the central bank said it use all available tools to jump-start the economy. The reassurance of further government action and the promise of a Swiss-army-knife approach damped concerns that policymakers by further lowering interest rates were running low on tools to fan the economy.Reassurance that the Fed plans to move ahead with plans to snap up government and mortgage debt made it easier for investors to place bets that the central bank will do what is necessary to help bring an end to the longest recession in a quarter-century.In some senses the whole point of this meeting was to say quit watching interest rates, watch the other things that we can and will do, said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland.The Dow Jones industrial average rose 359.61, or 4.20 percent, to 8,924.14 after having been up about 100 in subdued trading ahead of the Fed's announcement.Broader stock indicators also rose. The Standard & Poor's 500 index advanced 44.61, or 5.14 percent, to 913.18, and the Nasdaq composite index rose 81.55, or 5.41 percent, to 1,589.89.On the Net:New York Stock Exchange: http://www.nyse.com Nasdaq Stock Market: http://www.nasdaq.com

Depression possible: Canadian PM
Tue Dec 16, 12:22 PM

OTTAWA (AFP) - Prime Minister Stephen Harper delivered a grim forecast for the Canadian economy, saying in an interview with broadcaster CTV a depression is possible.The truth is, I've never seen such uncertainty in terms of looking forward to the future, Harper told CTV. I'm very worried about the Canadian economy.Asked whether a depression was possible, he answered: It could be, but I think we've learned enough about depression; we've learned enough from the 1930s to avoid some of the mistakes that caused a recession in 1929 to become a depression in the 1930s.A depression is often described as a prolonged economic slump in which output drops more than 10 percent.Unemployment in Canada hit 27 percent at the peak of the Great Depression in 1933 and between 1929 and 1933 Canada's gross national product fell 43 percent.In the interview, Harper also said his finance minister's budget on January 27 would include billions of dollars in stimulus spending, ending more than a decade of back-to-back balanced budgets in Canada.Obviously, we're going to have to run a deficit, Harper said. We're talking about spending billions of dollars that was not planned.

Fed cuts rate to virtually zero, will expand stimulus moves DEC 16,08

WASHINGTON (AFP) - The Federal Reserve slashed its base lending rate Tuesday from 1.0percent to virtually zero, saying its target federal funds rate would be a range of zero to 0.25 percent.The unprecedented low rate announced by the Federal Open Market Committee is aimed at fighting off deflation and a crippling global credit crunch.

Additionally, the Fed said it would take other steps to stimulate lending and economic activity, including large purchases of mortgage securities to help unblock credit.Since the committee's last meeting, labor market conditions have deteriorated, and the available data indicate that consumer spending, business investment, and industrial production have declined, the Fed said after its unanimous decision.Financial markets remain quite strained and credit conditions tight. Overall, the outlook for economic activity has weakened further.The central bank headed by Ben Bernanke said it would move to support the functioning of financial markets and stimulate the economy through open market operations and other measures that sustain the size of the Federal Reserve's balance sheet at a high level.The Fed said it would purchase large quantities of agency debt and mortgage-backed securities to provide support to the mortgage and housing markets.The FOMC is also evaluating the potential benefits of purchasing longer-term Treasury securities in an effort to bring down other lending rates to stimulate credit and economic growth.The Federal Reserve will continue to consider ways of using its balance sheet to further support credit markets and economic activity, the statement said.As policymakers deliberated, economic data showed the grim state of the world's biggest economy.US housing starts tumbled 18.9 percent in November from a month earlier to a new record low, down 47 percent from last year's level, in a sign that the troubled housing market has not yet hit bottom.US consumer prices plunged a record 1.7 percent in November, the second consecutive record-breaking decrease.The sharp fall in prices essentially wiped out any inflation threat and stoked fears of deflation, seen as a more crippling phenomenon. Year-over-year inflation fell to just 1.1 percent from 3.7 percent a month ago.

The Fed's actions come amid growing expectation of falling prices that could set off a deflationary spiral hard to counter.The extraordinary actions on the bond market underscore the conundrum for the central bank.Yields on some short-term Treasury bills became negative for the first time -- meaning investors are willing to give up a bit of their capital for the safety of US government debt in view of a deflation threat.At the same time, the Treasury in the past week issued 30 billion dollars in bills at a rate of zero percent, highlighting the same fears.The effective federal funds rate on the futures market has fallen near zero as well -- as low as 0.0625 percent -- despite the Fed target of 1.0 percent, because of the exceptional amounts of liquidity being pumped into the system.

Russia May Support 1,500 Companies in State Bailout (Update1)
By Alex Nicholson

Dec. 15 (Bloomberg) -- Russian Prime Minister Vladimir Putin said 1,500 companies may receive financial support as part of the government’s efforts to stabilize the slowing economy. Putin called for a list of companies eligible for assistance at the federal and regional levels to be confirmed by Dec. 17. The state may buy equity stakes in key companies, restructure tax debts and provide loans and guarantees, Putin said at a government meeting today in comments broadcast by state television.

This system we are creating must encompass no fewer than 1,500 Russian companies, Putin said. Russia is deploying a bailout package worth about $200 billion after investors pulled $211 billion out of the country since August, according to BNP Paribas SA. Finance Minister Alexei Kudrin said on Dec. 3 that the government would provide an additional 300 billion rubles ($11 billion) to guarantee companies’ loans as industrial output shows signs of contraction. The measures must be closely analyzed so the companies don’t get hooked on state handouts, Putin said.

Unsecured Loans

Kudrin said the government has drawn up a list of about 300 companies, accounting for about 85 percent of gross domestic product that employ more than 4,000 people, and whose output is valued at more than about 16 billion rubles a year, that will get special consideration if they apply for financial help. In a bid to boost liquidity and bring down interest rates on loans, legal changes allowing banks to apply for one-year unsecured loans from the central bank will be approved before Jan. 1, Kudrin said in televised comments after the meeting. Putin’s government is facing the biggest economic challenge since 1998 as wage arrears and unemployment rise. The economy of the world’s biggest energy exporter will contract in the first three quarters of next year as oil prices decline and the global credit freeze crimps investment, Barclays Capital said in a report. There isn’t a recession in Russia yet, Kudrin said. We expect positive growth next year, as much as 3 percent. The steps taken by the government are systemic and will allow Russia to avoid a serious impact for the Russian economy.Russia’s industrial production fell an annual 8.7 percent in November, Interfax reported today, citing an unidentified government official. The statistics are scheduled to be released tomorrow. To contact the reporter on this story: Alex Nicholson in Moscow at anicholson6@bloomberg.net

EU banks hit by massive US fraud scandal
LUCIA KUBOSOVA Today DEC 16,08 @ 09:28 CET

Several European banks feature on the long list of institutions hit by an alleged €36.5 billion fraud scheme by the US trader Bernard Madoff, described as one of the biggest cases of its kind.Spain's largest bank, Santander, which owns the UK High Street banks Abbey, Alliance & Leicester and Bradford & Bingley is one potential loser, with direct exposure of €17 million plus an extra €2.3 billion invested in the US firm by the bank's Optimal fund management arm, BBC reported.Britain's HSBC has stated that its investments of about €0.7 billion could also be affected, while the Royal Bank of Scotland could lose about €450 million. Similarly, the French bank, Natixis, a subsidiary of Caisse d'Epargne and Banque Populaire, said it could lose up to €450 million. Bernard L. Madoff, 70, a former chief of the Nasdaq stock market, was arrested last Thursday (11 December) and charged with fraud, the details of which are now being unveiled. Mr Madoff's financial empire had attracted big banks, funds and rich individuals. According to various press reports, Mr Madoff had managed to create a base of wealthy clients attracted within social networks by word of mouth. Some of the private losers were reportedly recruited from among members of the Palm Beach country club, an exclusive club in Florida. His hedge fund promised to pay annual interest of about 10 percent but it has emerged that it functioned on a similar principle as a pyramid scheme, with money from new investors paying off old ones. The complicated structure of his financial company which also involved an investment advisory business allowed Mr Madoff to remain hidden for years as the mastermind of all its dodgy activities.A judge tackling the case ordered Mr Madoff's accounts to be frozen and released him on a $10 million bail. If found guilty, he could face up to 20 years in prison and a fine of up to $5 million.

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).

Sarkozy pleads for Europe of nations
ELITSA VUCHEVA Today DEC 16 ,08 @ 17:36 CET

EUOBSERVER / STRASBOURG – Outgoing EU president Nicolas Sarkozy on Tuesday (16 December) pleaded for a Europe built on strong states as opposed to a federal Europe, arguing that all countries within the EU had the same rights, but maybe not the same responsibilities.We shall not build Europe without the [nation] states. As European as you may be, Europe is not the enemy of nations, Mr Sarkozy told MEPs gathered for a plenary session in Strasbourg.Wanting to pass above the heads of those who have been elected in their countries, it is not a mistake, it is a fundamentalism… Wanting to build Europe against the [sovereignty of] nations would be a historical mistake, he said in a speech presenting the outcomes of France's six months at the EU helm.A strong Europe cannot be built on weak states, Mr Sarkozy stressed.Europe is strong when it leans on strong and responsible states… The mistake is to believe that we need weak states to build a strong Europe, he told MEPs.In addition, and in order to have a more political Europe, it should also be made clear that all EU member states enjoy the same rights.The big [EU] countries do not have greater rights than the smaller ones, he said, adding: but perhaps [they have] more responsibilities.

More powers for the commission president

Mr Sarkozy also reiterated an argument he made last week about increasing the powers of the European Commission president.The president should be active, reactive and proactive, said the French leader.He also underlined that the bigger the commission gets, the stronger its president should be in order to boost his harmonising role.

In a series of concessions agreed by EU leaders last week in order to allow Dublin to make possible a second vote on the bloc's Lisbon Treaty some time in the course of next year, they included a guarantee that each member state would keep a commissioner in future European Commissions – despite the document initially foreseeing a reduction of the size of the institution.On Tuesday, Mr Sarkozy argued this particular concession had been a reasonable and logical one. He said he was convinced that a commission without a French or German representative would make no sense, and that it would have been very imprudent to scrap the one-commissioner-per-state principle in addition to dropping the rotating six-month EU presidency, as foreseen by the Lisbon Treaty.We stop member states from having the [EU] presidency and on top of that, we take from them the possibility to have a commissioner… It is a conception and a vision of Europe which is not mine, Mr Sarkozy told journalists at a press conference following the parliamentarian debate.

France remains France

Mr Sarkozy has been at the head of the EU since 1 July, when France took over the bloc's rotating presidency from Slovenia. Most analysts and commentators agree that the French EU presidency has been largely successful, and that the French leader himself has been a dynamic and effective EU president.Mr Sarkozy has admitted that he has enjoyed the past six months and said his role would not stop there.I loved this job…When one has the chance over six months to learn about and to solve the problems of the 27 [EU] nations, one gains tolerance, an opening of the spirit and one understands Europe, he said.It [the EU] is without doubt the best idea invented in the 20th century…I tried to shake Europe, but Europe changed me, he added.The French leader stressed not to change my convictions between 31 December and 1 January, when France hands the rotating EU presidency over to the Czech Republic.
France remains France… Yes, I will [keep] taking initiatives, he said.

EUROPEAN UNION ARMY

DANIEL 7:23-25
23 Thus he said, The fourth beast (EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADING BLOCKS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS) that shall arise: and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.( BE HEAD OF 3 NATIONS)
25 And he (EU PRESIDENT) shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.(3 1/2 YRS)

DANIEL 8:23-25
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king (EU DICTATOR) of fierce countenance, and understanding dark sentences,(FROM THE OCCULT) shall stand up.
24 And his power shall be mighty, but not by his own power:(SATANS POWER) and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes;(JESUS) but he shall be broken without hand.

DANIEL 11:36-39
36 And the king (EU DICTATOR) shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
37 Neither shall he regard the God of his fathers,(THIS EU DICTATOR IS JEWISH) nor the desire of women, nor regard any god: for he shall magnify himself above all.(CLAIM TO BE GOD)
38 But in his estate shall he honour the God of forces:(WAR) and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.
39 Thus shall he do in the most strong holds with a strange god,(DESTROY TERROR GROUPS) whom he shall acknowledge and increase with glory: and he shall cause them to rule over many,(HIS ARMY LEADERS) and shall divide the land for gain.

REVELATION 19:19
19 And I saw the beast,(EU LEADER) and the kings of the earth, and their armies, gathered together to make war against him that sat on the horse,(JESUS) and against his army.(THE RAPTURED CHRISTIANS)

European Parliament approves opening of defence market
VALENTINA POP Today DEC 16,08 @ 17:44 CET

EUOBSERVER / STRASBOURG – The EU moved one step closer to a single market in the area of defence on Tuesday (16 December), with the European Parliament approving a commission proposal aimed at harmonising and simplifying national rules in this area.

Today's approval brings us a decisive step forward towards setting up a true European defence equipment market, Guenter Verheugen, EU commissioner responsible for enterprise and industry and one of the initiators of this directive said after the vote. The current Nice treaty provides that internal market rules are not applied to the defence market, allowing member states to exclude defence contracts from EU procurement rules. Moreover, 27 national licensing procedures make transfers of defence material between countries difficult, as they differ in terms of requirements. The licensing rules also apply to the export of defence related products such as spare parts or even army boots.Applying heterogeneous and disproportionate national licensing systems is hampering the security of supply between member states and costs businesses over €400 million a year, a commission statement reads.The proposal drafted by German green MEP Heide Ruhle and endorsed by the plenum on Tuesday provides a European system of licences which will be uniform and applicable throughout the 27 member states. Licences will nonetheless be granted at the national level, with governments still free to impose sanctions if the contractor fails to respect the licensing conditions.The parliament also added some extra provisions to guarantee the security of transfers, notably with respect to the final recipients of products or components, in order to ensure that arms do not reach conflict zones.The market fragmentation was also a problem identified in the recently reviewed EU security strategy, endorsed by heads of states and governments at their 11-12 December meeting.Restructuring of the European defence technological and industrial base, in particular around centres of European excellence, avoiding duplication, in order to ensure its soundness and its competitiveness, is a strategic and economic necessity. In this connection, the European Council calls for early finalisation of the Directives on intra-Community transfer of defence goods and on defence procurement, the summit conclusions read.

Strategy for French political reasons

While the directive was a step in the right direction, it was still a long way from having an EU market for defence equipment, with national procurement rules still remaining very defensive, Giles Merritt, head of a Brussels based think tank on security and defence, the Security and Defence Agenda, told EUobserver.Mr Merritt also pointed out that the reviewed security strategy endorsed by member states was not designed as a great milestone, but rather to confirm the approach of the last five years.He called for a new budgeting mechanism for burden sharing, since at the moment Great Britain and France were not only contributing with most troops to EU missions, but also paying for the costs of the missions.He was sympathetic to the idea floated by some EU officials that the security strategy could have waited one year longer, after US president Barack Obama was sworn in and the NATO 60 anniversary summit would have taken place in Strasbourg/Kehl.Practical politics must have driven them into doing it during the French presidency, Mr Merritt said.

WORLD TERRORISM

GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence through them; and, behold, I will destroy them with the earth.

2 PETER 2:5
5 And spared not the old world, but saved Noah the eighth person, a preacher of righteousness, bringing in the flood upon the world of the ungodly;

2 PETER 3:7
7 But the heavens and the earth, which are now, by the same word are kept in store, reserved unto fire against the day of judgment and perdition of ungodly men

LEVITICUS 26:16
16 I also will do this unto you; I will even appoint over you( sudden) terror, consumption, and the burning ague, that shall consume the eyes, and cause sorrow of heart: and ye shall sow your seed in vain, for your enemies shall eat it.

GENESIS 16:11-12
11 And the angel of the LORD said unto her, Behold, thou art with child, and shalt bear a son, and shalt call his name Ishmael; because the LORD hath heard thy affliction.
12 And he will be a wild man; his hand will be against every man, and every man's hand against him; and he shall dwell in the presence of all his brethren.

ISAIAH 33:1,18-19 Woe to thee that spoilest,(destroys) and thou wast not spoiled;(destroyed) and dealest treacherously, and they dealt not treacherously with thee! when thou shalt cease to spoil,(destroy) thou shalt be spoiled;(destroyed) and when thou shalt make an end to deal treacherously, they shall deal treacherously with thee.
18 Thine heart shall meditate terror. Where is the scribe? where is the receiver? where is he that counted the towers?
19 Thou shalt not see a fierce people, a people of a deeper speech than thou canst perceive; of a stammering tongue, that thou canst not understand.

JOHN 16:2
2 They shall put you out of the synagogues: yea, the time cometh, that whosoever killeth you will think that he doeth God service.

WAR ON TERROR Federal Reserve sued for funding Shariah products,There is an internal cultural jihad under way against our great nation December 15, 2008 10:19 pm Eastern 2008 WorldNetDaily

A lawsuit has been filed against the Federal Reserve Board and U.S. Treasury Secretary Henry M. Paulson Jr. over Wall Street bailout money going to American International Group, which is funding Shariah-compliant insurance and products. WND reported a week ago that AIG has benefited from two major bailout agreements with the U.S. government giving $152.5 billion in taxpayer dollars to the company. Then it confirmed it is stepping up its dealings with Islamic finance offering homeowners insurance that complies with Islam's religious Shariah laws. According to an announcement at the time, Risk Specialists Companies, Inc., or RSC, a subsidiary of AIG Commercial Insurance, was introducing its Shariah-compliant Takaful Homeowners Policy to the U.S. The Shariah-compliant policy is underwritten through RSC member company A.I. Risk Specialists Insurance, Inc., in conjunction with Lexington Insurance Co. and in association with AIG Takaful Enaya. Takaful is based on Quranic principles of Ta'awon – or mutual assistance. The term originates from the Arabic word Kafalah, meaning joint guarantee. Similar to mutual insurance, where policyholders own a stake in the organization, members of a Takaful group pool their resources to help the neediest member, and losses are divided among them. The lawsuit seeks a court order to stop AIG from using any taxpayer funds distributed as part of the Wall Street bailout, because of its Islamic-based businesses and activities.

This lawsuit not only raises significant constitutional issues, it also shines a light on serious national security issues that our own government has created by direct financial support and ownership of a business that supports anti-American, radical Islamic activities, said Richard Thompson, president and chief counsel for the Thomas More Law Center, which is handling the case. Make no mistake, there is an internal cultural jihad under way against our great nation, and I fear that many of our political leaders are unwittingly complicit in it, he said today. The lawsuit was filed in federal court in Michigan on behalf of Kevin J. Murray, a former Marine infantryman who served two tours of duty in Iraq. It challenges the Emergency Economic Stabilization Act of 2008 as being unconstitutional, because of the $40 billion in taxpayer funds used to support the U.S. government's new majority ownership interest in AIG. The company's Islamic religious activities are anti-Christian, anti-Jewish, and anti-American, the lawsuit says, and violate the U.S. Constitution's Establishment Clause. According to the lawsuit, through the use of taxpayer funds, the U.S. government acquired a majority (79.9 percent) ownership interest in AIG, and as part of the bailout, Congress provided money to fund and financially support AIG and its financial activities. AIG, which is now a government-owned company, engages in Shariah-compliant financing, which subjects certain financial activities, including investments, to the dictates of Islamic law and the Islamic religion. This specifically includes any profits or interest obtained through such financial activities.

The lawsuit said an important element of Shariah-compliant financing is a form of obligatory charitable contribution called zakat, which is a religious tax for assisting those that struggle [jihad] for Allah. The amount of this tax is up to 20 percent, depending upon the source of the wealth. The zakat religious tax is used to support Islamic charities, some of which have ties to terrorist organizations that are hostile to the United States and all other infidels, which includes Christians and Jews. The Holy Land Foundation for Relief and Development, recently convicted for providing material support to Islamic terrorist organizations, is an example of an Islamic charity that qualifies for receipt of the zakat, the lawsuit said. Thus, as a direct consequence of the taxpayer funds appropriated and expended to purchase and financially support AIG, the U.S. government is now the owner of a corporation engaged in the business of collecting religious taxes to fund interests adverse to the United States, Christians, Jews, and all other 'infidels' under Islamic law, the lawsuit said. This lawsuit is as much about protecting constitutional principles as it is about protecting our national security and preventing another 9/11 – whether it be overt through flying planes into buildings or covert through appropriating taxpayer money to fund an Islamic cultural jihad, Thompson said. AIG's Shariah program was set up with the help of a three-person Shariah Advisory Board, with members from Saudi Arabia, Bahrain, and Pakistan. According to AIG, the role of its Shariah authority is to review [its] operations, supervise its development of Islamic products, and determine Shariah compliance of these products and [its] investments, the lawsuit said. But of particular interest Pakistani Board member, Muhammed Imran Ashraf Usmani, the case said. Usmani is the son and devoted disciple of Sheik Mufti Taqi Usmani, the leading authority on Shariah financing who, in 1999, authored a book dedicating an entire chapter on why a Western Muslim must engage in violent jihad against his own country – even if Muslims are given equality and freedom to practice their religion and to proselytize, the lawsuit said. Murray was one of those who answered the call when Islamic terrorists, guided by principles of Shariah-mandated jihad against infidels,attacked and killed thousands of innocent American civilians,the case said. Yet today, Murray's federal tax dollars are being used to advance the very cause of global jihad he and his fellow servicemen were placed in harm's way to overcome, the lawsuit said. Shariah explicitly demands the murder of infidels like Kevin Murray and the destruction of the United States, which Murray took an oath to defend. Shariah is the same law that is used to justify beheadings, stonings, and amputation for petty crimes in places like Saudi Arabia, Iran, and Sudan, which Americans deplore, the complaint said. WND also reported earlier that the U.S. Treasury was teaching a course called Islamic Finance 101.

It is clear, said Thompson, oil money is purchasing the sovereignty of the United States and whatever loyalty to America these greedy financial institutions, corporations, and universities have left. It's up to the American people to take back their country from those who so easily betray its interests.Jeffrey Imm of Family Security Matters and the Anti-Jihad League of America has written extensively on the subject, warning that AIG would expand its Shariah products in the U.S. He has even created a petition demanding the Federal Reserve, Securities Exchange Commission and Department of the Treasury require AIG to divest itself of its Shariah businesses. The Sharia legal codification is intended to enforce discriminatory and segregationist practices against women and non-Muslims and to suppress the liberties of those living in Islamic theocracies, Imm writes.... Sharia is incompatible with democratic values and the inalienable right that all men are created equal.A part of AIG's government bailout includes its Takaful Sharia-based insurance business, its divisions promoting Sharia finance and Sharia mutual trusts.
You own it, Imm declares. That's where your tax dollars are going today.Imm warns investing in Shariah-compliant businesses is dangerous for the U.S. When the government first considered providing a bailout to AIG it should have first required the company to divest itself of Shariah-based businesses, he wrote.

MUSLIM NATIONS

EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.

ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.

PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,and the Ishmaelites;(ARABS) of Moab, and the Hagarenes;
7 Gebal, and Ammon,(JORDAN) and Amalek;(SYRIA) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)

EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.

JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.

Analyst: Putin to be president again soon Russian Prime Minister DEC 15,08

Vladimir Putin could be back as president soon as the country grapples with the global financial crisis, a political scientist says. A constitutional change to lengthen the terms of both the Russian presidency and the prime minister's post is already working its way through the country's legislative approval process, and that could be used as a pretext to call new elections to restore Putin to the presidency, Lilia Shevtsova told the German newspaper Die Welt. Shevtsova, a Kremlin critic, says current President Dmitry Medvedev is already answering to the former president, and asserts that Russian leaders believe Putin must be restored to his old post for the nation to be able to deal with the financial crisis, RIA Novosti reported Monday. Medvedev proposed extending the current four-year parliamentary and presidential terms to five and six years, respectively, on Nov. 5, and Russia's upper house of parliament approved the constitutional amendments Nov. 26. They next have to be passed by at least two-thirds of Russia's regional legislatures, after which Parliament would hold another session to endorse their decision, the news service said.2008 by United Press International

Vatican: Annual Muslim-Catholic dialogue conference underway

Vatican City, 15 Dec. (AKI) - The 11th annual inter-faith dialogue conference organised between the Vatican and the Libyan-based World Islamic Call Society got under way in Rome on Monday. The theme of this year's conference is Responsibility of leaders in times of crisis. Catholic and Muslim scholars are attending the gathering, which is is taking place until Wednesday.A senior Vatican cardinal, Jean-Louis Tauran (photo), head of the Pontifical Council for Interreligious Dialogue is leading a delegation of twelve Catholic experts attending the talks.The World Islamic Call Society's Secretary General, Mohamed Ahmed Sherif, is heading the 12-man strong Muslim delegation to the talks.The conference is organised in five sessions, centred on three themes: religious responsibility; cultural and social responsibility; and the search for inter-faith dialogue in times of crisis. It will conclude on Wednesday when participants are received by Pope Benedict XVI.The World Islamic Call Society is a non-profit entity made up of over 250 Muslim organisations from around the world. Founded in 1972, its stated mission is to bridge gaps among religions and bringing them closer by promoting interfaith dialogue as well as to promote moderate Islam.Tauran last month led landmark talks at the Vatican between top Muslim scholars and Catholic officials aimed at easing tensions between the world's two largest faiths. Pope Benedict in 2006 angered Muslims with a speech implying Islam was violent and irrational. In response, 138 Muslim scholars invited Christian churches to open new dialogue to promote respect and better understanding of each other's beliefs.A year earlier, deadly protests broke out in Muslim countries after a Danish daily printed cartoons of the Prophet Mohammed which were republished around the world. Over 50 people died in the clashes.There are around two billion Christians worldwide, just over half of them Catholic, and 1.3 billion Muslims.

Dec 14, 2008 1:15 Gaza-bound Iranian ship has hidden agenda
By YAAKOV LAPPIN

An Iranian Red Crescent vessel due to set sail for Gaza this week carries a hidden agenda, providing cover for an attempt by Teheran's al-Quds Force to spread its influence and possibly ferrying intelligence agents, an American expert warned on Saturday. Palestinian fishermen welcome a boat carrying members of the Free Gaza group, upon its arrival at Gaza port, last Tuesday.Slideshow: Pictures of the week Iran's Red Crescent Society announced on its Web site last week plans to dispatch the ship with 1,000 tons of humanitarian aid. The Iranian Red Crescent ship sailing to the Hamas-controlled Gaza Strip is an example of Teheran's effort to gain political influence through social aid programs, subvert societies with intelligence agents acting as charitable officials, and encourage the Sunni Muslim street to believe that the Iranian regime is on their side, despite its Shi'ite face, Prof. Raymond Tanter, president of the Washington-based Iran Policy Committee, told The Jerusalem Post. The hidden agenda of the Red Crescent is to spread the Iranian conception of Islam to the Sunni Arab heartland, including Gaza, Tanter said. Teheran spends millions of dollars per month on charities, coordinated by the Islamic Revolutionary Guards Corps' Quds Force.

Palestinian students leave Gaza on activist ship
The IDF Spokesman's Office said the military was aware of media reports on the ship and that the Foreign Ministry had final say on vessels seeking to break Israel's blockade of the Gaza Strip. Ministry officials declined to comment. The Iran Policy Committee is made up of former White House officials, high-ranking military figures and academics who believe that Iranian opposition movements should be bolstered by the West. Iran's Red Crescent Society and other Iranian charities, such as the Imam Relief Committee and the Persian Green Relief Institute, were all agents of the Iranian regime to carry out its subversive activities, Tanter said. In Iraq, the Red Crescent operates as a cover for the Quds Force. While appearing to conduct charitable operations, the Red Crescent in Gaza is probably a way for the Quds Force to get closer to Jerusalem, he added. Because all missions of the Quds Force are designed to export the Islamic Revolution, Israeli citizens should be wary of the approach of an Iranian Red Crescent ship toward the coast of Gaza, ostensibly carrying humanitarian goods, he said. There is the possibility of our ship being blocked just as the Libyan ship was blocked, Iranian Red Crescent secretary-general Ahmad Moussavi said last week, referring to a vessel Israel intercepted last month.

Dr. Ely Karmon, of the Interdisciplinary Center's Institute for Counter-Terrorism, said the Iranians were seeking to extract propaganda value from the ship. They saw the Libyans, Qataris and Europeans try, and now they're trying to also get in on the act. I assume they will be turned back, Karmon said. Then they can create a propaganda stunt for their TV stations like [Hizbullah's] al-Manar. It's propaganda, in my view.In the past, Israeli officials described attempts by the Free Gaza Movement, which has successfully landed ships on Gaza's shores, as publicity stunts by radical activists. We judge every incident individually, one official said last month. For the past three times, the [Free Gaza Movement] boats have been allowed entry because it was decided that an operation to stop them was not worth carrying out.Meanwhile, international activists say they have helped 11 Gazan university students leave the area. Ramzi Kysia of the Free Gaza movement said Saturday that the students sailed on the vessel Dignity and reached Cyprus on Friday. He said they were enrolled at universities in Europe and Canada. Activists have said they shipped out five other students during a previous trip. AP contributed to this report.

Syria, EU initial cooperation agreement Sun Dec 14, 4:26 pm ET

DAMASCUS (AFP) – Syria and the European Union on Sunday initialled a cooperation agreement in Damascus, four years after completion of a deal which EU member states failed to sign for political reasons.Tayssir Raddaui, head of the Syrian state planning board and Hugo Mingarelli, deputy head of the European Commission for foreign affairs, initialled the document in front of media.Full signature of the agreement is expected during the first half of 2009, according to a statement.Syria is one of the last Mediterranean countries not to have signed such an association agreement, which brings financial benefits conditional on certain economic reforms.

Last month the commission promised to offer Syria a new deal very soon to reward the country for having established diplomatic relations with Lebanon and starting indirect peace talks with Israel.Benita Ferrero-Waldner, the EU's external affairs commissioner, said then that her office was finalising changes to the draft agreement with Syria to adapt it to recent developments.She welcomed recent positive developments in Syrian regional policy.The EU froze relations with Damascus after the assassination in February 2005 of former Lebanese prime minister Rafic Hariri, an attack widely blamed on Syria though it denies blame.

16.12.2008 | 03:00 UTC
Israel frees over 200 Palestinian prisoners

Israel has released over 200 Palestinian prisoners in a goodwill gesture to Palestinian President Mahmoud Abbas. Hundreds of people in the West Bank town of Ramallah gave a heroes' welcome to the freed Palestinians amid joyous family reunions. Abbas, who led the welcoming ceremony, kissed and hugged the prisoners, most of whom are members of his Fatah movement. None of those freed are accused of involvement in deadly attacks on Israelis.

Last update - 17:04 15/12/2008 Abbas: Israel must free all 11,000 Palestinian prisoners By Tomer Zarchin, Haaretz Correspondent, and Haaretz Service

Israel on Monday released 227 Palestinian prisoners as a gesture to Palestinian President Mahmoud Abbas to mark the Muslim festival of Eid al-Adha (Feast of the Sacrifice), which marks the end of the hajj pilgrimage. Of the prisoners, 209 were transferred from Ofer Prison, near Jerusalem, to the Beituniya checkpoint in the West Bank. The remaining 18 prisoners were to be transferred from Shikma Prison in the Negev, to the Erez checkpoint on the Israel-Gaza border. At his office in Ramallah, Abbas greeted each of the 209 prisoners released to the West Bank individually with kisses on the cheeks, but said Israel should release all Palestinians it was holding. Our happiness will not be complete until all of the 11,000 prisoners are freed, he said. We promise you we will work to free all prisoners from all factions.Hundreds of relatives and supporters waited on the Palestinian side of the Beitunia checkpoint, waving Palestinian and yellow flags of Abbas' secular Fatah movement and carrying posters of late Fatah leader Yasser Arafat. The two Palestinian territories have divided leadership. Gaza is ruled by the militant Hamas organization, which refuses to recognize Israel; the West Bank territories are largely under the control of Abbas and his Fatah organization, which is engaged in a sporadic peace process with Israel. We hope these releases will be seen as an important confidence-building measure designed to strengthen the trust and the confidence in the [peace] negotiations, said Mark Regev, a spokesman for Prime Minister Ehud Olmert.

The Supreme Court gave a green light Monday morning for the release, hours after Justice Elyakim Rubinstein ordered that the state must first reply to a petition against it. The petitioners had argued that freeing jailed Palestinians placed the region at risk of renewed conflagration. According to prosecutors, an examination of the prisoners listed for release showed that none had been charged with causing injury to Israelis, Army Radio reported. As a matter of general precedent, the courts rarely intervene with the government's decisions on matters of policy vis-a-vis the Palestinians. The prisoners being freed are a fraction of the 11,000 Palestinians held by Israel. Their release was originally due to take place last week, during Eid.

SIGNS OF THE END OF THE AGE (NOT THE WORLD) THE WORLD GOES ON FOREVER.

GENESIS 1:5,14
5 And God called the light Day, and the darkness he called Night. And the evening and the morning were the first day.
14 And God said, Let there be lights in the firmament of the heaven to divide the day from the night; and let them be for signs, and for seasons, and for days, and years:(ISRAELS HOLY DAYS AND SABBATH STARTS AT 6PM) And for SIGNS (PROPHECY SIGNS TO HAPPEN IN THE FUTURE, OUR DAY)

SIGNS IN THE SUN, MOON AND STARS

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.

US TO PUSH UN FOR SOMALIA MISSION
http://www.washingtonpost.com/wp-dyn/content/article/2008/12/13/
AR2008121301778.html?wprss=rss_world

Earth enjoys full moon close-up DEC 13,08

The moon will appear high in the night sky
A full moon has occurred closer to the Earth than it has done at any time for the past 15 years. The Moon's elliptical orbit means its distance from the Earth is not constant. It was a little over 350,000km away as it passed over the northern hemisphere, about 30,000km closer than usual. Astronomers said the moon would appear brighter and larger than usual, but the sky in the UK was almost completely covered by cloud.

Closest path

Friday's full moon was predicted to appear up to 14% bigger and 30% brighter than other full moons this year, according to Nasa. The Moon's orbit is elliptical, meaning it does not follow a circular but rather an oval path. It has reached the point where this oval orbit is nearest to the Earth. It's only every few years that a full moon happens to coincide with the part of the Moon's orbit when its closest to the Earth, said Marek Kukula, an astronomer at the UK's Royal Observatory. The moon appears largest as it rises and sets, but this is a psychological illusion, Dr Kukula said. When it's close to the horizon, our brain interprets it as being bigger than it actually is, this is called the moon illusion, he said. The size may be striking when it's near the horizon, said Robert Massey of the UK Royal Astronomical Society. However, he cautioned against expecting too much. The Moon may be brighter and may appear somewhat larger, but it's really quite hard for the eye to notice the difference; the eye will compensate for the extra brightness, it's not like going from night to day, said Dr Massey. The Moon's brightness varies throughout its annual cycle, during the mid-winter in the northern hemisphere it can appear brighter simply because it is higher in the sky.

FEIGLIN GETS DROPPED

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.

Slow progress in restoring power to Northeast Mon Dec 15, 8:36 am ET

BOSTON – Utility crews worked around the clock to restore electricity Monday to more than 400,000 homes and businesses in six states still without power three days after the region's devastating ice storm.Many public schools, including those in Worcester — the state's second largest city — were closed with local emergency declarations still in effect in dozens of communities.James Mannion, spokesman for the Massachusetts Emergency Management Agency, said conditions in some of those areas made it too dangerous to hold school.Roads aren't safe to drive on and there might be power lines down. It isn't safe for kids to get around, Mannion said early Monday.Power companies in New Hampshire, Vermont, Massachusetts, Maine, Connecticut and upstate New York reported Sunday and early Monday a total of 423,200 customers were still without power. Crews from Canada and as far away as Virginia and Michigan were assisting in restoring power lines.While some took refuge in shelters, others have been checking in to hotels and motels, including the Howard Johnson Inn in Hadley.Half of our rooms have been taken by families coming with their kids and even some dogs, Rick Kim, guest services agent for the hotel, told The Republican newspaper of Springfield.President George W. Bush declared a state of emergency in New Hampshire and in nine of Massachusetts' 14 counties, directing the Federal Emergency Management Agency to provide relief assistance.

New Hampshire, Massachusetts, New York and Maine declared either limited or full states of emergency Friday. Crews across the region reported the ice had destroyed utility poles, wires and other equipment, but said the extent of damage was unclear because some roads still were impassable.As of 4 a.m., Mannion said there were approximately 118,500 electric customers in Massachusetts without power, down from a peak of 350,000 in the immediate aftermath of the storm on Friday.New Hampshire, the hardest-hit state, was down to about 168,000 customers without power Monday morning, compared to a peak of 430,000 on Friday, utilities reported. There was also 94,400 without power in New York; 35,000 in Maine; 6,195 in Vermont and 1,104 in Connecticut.Access to downed power lines and poles remains the biggest obstacle for workers. While the major roads are cleared, many secondary roads in rural areas remain blocked by fallen trees and tree limbs.The potential for high winds and rain over the next 24 to 36 hours is likely to affect efforts to restore power and may also create additional outages in Massachusetts, National Grid said in a statement.

Mannion said an estimated 2,200 residents without heat or electricity spent the night at 62 emergency shelters around Massachusetts.In Kennebunk, Maine, Holmes Tree Farm closed on Friday but reopened Saturday. Diane Holmes said people were getting antsy in their homes and needed fresh air. They also needed to return to their holiday traditions. By Sunday, several hundred trees had been sold.Holmes said the ice-laden balsam firs sparkled in the sunlight, but the ice made them heavy. I'm telling people, bring a lot of muscle, she said.In Vermont, Green Mountain Power President Mary Powell was touring affected areas and helping distribute lunches to the line crews. She said the damage caused by the storm rivaled or even exceeded the 1998 ice storm that hit northern Vermont.Whenever you get this kind of ice accumulation, there's just nothing from a utility perspective you can do to protect your customers from devastating damage, Powell said. Emergency management officials reported four storm-related deaths. A Danville man died of carbon monoxide poisoning from the generator he was using after his power went out Thursday night. Carbon monoxide from a gasoline-powered generator killed a couple in their 60s at Glenville, N.Y., police said Saturday. The body of a Marlborough, Mass., public works supervisor was recovered from a reservoir Saturday, a day after he went missing while checking on tree limbs downed by the ice. (This version CORRECTS the number of states from five to six.)

SoCal traffic snarled, evacuations during storm DEC 15,08

LOS ANGELES – A powerful storm slammed into the state Monday, producing heavy rain that snarled traffic all over Southern California and forced hundreds to flee homes in a suburb devastated by wildfires just last month.At higher elevations, heavy snow in a mountain pass east of Los Angeles closed the main route connecting Las Vegas to Southern California. North of the city, the main route to San Francisco was snarled by snow that forced the state Highway Patrol to shepherd motorists across another pass in caravans.In the San Diego area, at least one person was killed when an armored truck slid off a wet highway and rolled down an embankment, the Highway Patrol said.In Yorba Linda, where 100 homes were lost to a wildfire last month, hundreds of homes in canyon areas on the east end of town were ordered evacuated Monday morning because of the threat of mudslides. Residents had been advised to leave as early as Sunday night and an evacuation center was opened.It is mandatory now, unknown duration, said Brea police Lt. Jim Tibbetts.The storm was part of the same weather system that brought heavy snow to Portland, Ore., on Sunday, snarling traffic and delaying airline flights, said Steven Van Horn, a National Weather Service meteorologist.It's making it's way south down the West Coast, Van Horn said. It's going to be the cause for any sort of showers we will have now through Wednesday.Rainfall totals for Southern California on Monday morning ranged from 1 inch at Moorpark to nearly 2 inches at Glendale. Snow was falling in areas above 3,000 feet. The Lockwood Valley in the mountains of Ventura County had been hit with 8 inches by midmorning.The storm was expected to linger in the area through Wednesday, Van Horn said, although showers were expected to be scattered and lighter on Tuesday and Wednesday.

Russian navy: Russian warships to visit Cuba DEC 15,08

MOSCOW – Russian warships will visit U.S. foe Cuba for the first time since the Soviet era, the navy said Monday.The destroyer Admiral Chabanenko and two support ships from a squadron that has been on a lengthy visit to Latin America will put in at Havana on Friday for a five-day stay, navy spokesman Capt. Igor Dygalo said.It will be the first visit by Russian warships to the Communist-led island just 90 miles (145 kilometers) from the United States since the 1991 Soviet collapse, Dygalo said.The Admiral Chabanenko, the nuclear-powered cruiser Peter the Great and support ships arrived in the Caribbean last month in a deployment also unprecedented since Soviet times. The voyage is widely seen as a show of force close to U.S. shores and a response to the U.S. use of warships to deliver humanitarian aid to Russia's neighbor Georgia after their war in August.The ships' visit coincided with a Latin American tour by Russian President Dmitry Medvedev, who raised Russia's profile in the region and met with former Cuban leader Fidel Castro.The United States has maintained an economic embargo against Cuba since 1962, after a failed U.S. attempt to overthrow Castro's fledgling Cuban government. Later that year, the world came close to war when the Soviet Union placed nuclear missiles on Cuba. That crisis ended two weeks later after the Soviets agreed to remove the missiles for a U.S. pledge not to invade the island.From 1969 until the collapse of the Soviet Union, Soviet naval groups regularly called in Cuba, where there was a major intelligence collection station, says military analyst Nathan Hughes of Stratfor online intelligence service.

Several thousand Soviet soldiers and their families were stationed in Cuba, which once received $5 billion annually in Soviet largesse.Moscow's support for Cuba sharply decreased after the 1991 Soviet collapse, but Russia has moved to bolster ties to the island recently.The Russian ships in Latin America now have held joint exercises with the navy of Venezuela, whose President Hugo Chavez is a fierce U.S. critic, and the Admiral Chabanenko became the first Russian warship to sail through the Panama Canal since World War II.The destroyer and two support vessels left Nicaragua on Sunday after delivering $200,000 worth of medicine, computers and other humanitarian aid, Nicaraguan Lt. Col. Juan Morales said. Dygalo said, however, that the ships left Nicaragua on Monday. Their visit stirred heated political debate there.The Peter the Great remains in the Caribbean but will not visit Cuba, Dygalo said.

Feiglin to Supporters: I Will Not Crawl before Supreme Court by Gil Ronen DEC 14,08

(IsraelNN.com) Moshe Feiglin, who heads the Jewish Leadership faction in Likud, penned a message to his supporters Friday explaining why he has opted not to contest the Likud court's decision to demote him to the 36th slot in its Knesset list despite the fact that he was originally placed 20th. Feiglin hypothesized that Hashem had set up this 'test' for him and his supporters in order to eventually make it possible for them to lead the country sooner than anyone expected.At first glance it seems crazy, he wrote, and explained that his legal case against the decision to bump him from the 20th slot would have been a rock-solid one. All of the lawyers from both Right and Left were united in the opinion that one could not lose this motion,Feiglin added.However, he explained, we all feel that something bigger is going on here, something much much bigger than just a bid for the Knesset.

It's bigger than us
It's bigger than me, bigger than Bibi, bigger than the Likud. What is being decided here is not whe I must be elected only through your votes. I cannot lead this revolution when the chains of this evil dictatorship are upon my neck.ther Feiglin will be in the Knesset or how many Knesset seats the Likud will get. What is being decided is the question – will the State of Israel return to the hands of the People of Israel, or will it remain a captive of the invisible dictator who will cause it to crumble and bring it to an end, the candidate wrote.If I declared war on that hidden dictator and then, in a moment of truth, crawled to it and entered the Knesset through its help, then all of my talk would have been empty words, Feiglin explained. He has often used the term invisible dictator with regard to the High Court and other elites which he says are Israel's behind-the-scenes despots.In order to lead the necessary revolution I must be elected only through your votes, he went on. I cannot lead this revolution when the chains of this evil dictatorship are upon my neck.

Exceeding imagination
Feiglin predicted that soon after Netanyahu forms a government, a great crisis will occur and there will again be a contest for the leadership of the Likud. Already, the popular support I am receiving is exceeding all imagination, he added. The Creator of the World has brought us to a situation in which we constantly win, and this victory will only get bigger.Feiglin told his supporters that Netanyahu is a passing phenomenon and called on them to vote Likud, and vote me and my colleagues into the Knesset, so that with the grace of Hashem we will have a real Likud!.

CNN NEWS VIDEO
http://edition.cnn.com/video/

LAURIE ROTH SHOW 10PM-1AM MON-FRI
http://www.usaradio.com/listen_live_usa2.php

YAHOO NEWS VIDEO
http://news.yahoo.com/video

MIDEAST CONFLICT NEWS
http://news.yahoo.com/video/1874;_ylt=A0wNcxFdg6xIgbkAwD6z174F

ABC NEWS VIDEO
http://news.yahoo.com/video/2461

FOX NEWS VIDEO
http://news.yahoo.com/video/3074

FOX BUSINESS VIDEO
http://news.yahoo.com/video/3045

AP NEWS VIDEO
http://news.yahoo.com/video/2529

BBC NEWS VIDEO
http://news.yahoo.com/video/2918

REUTERS VIDEO NEWS
http://news.yahoo.com/video/2704

AFP NEWS VIDEO
http://news.yahoo.com/video/3091

CNBC NEWS VIDEO
http://news.yahoo.com/video/3245

HOARDING OF GOLD AND SILVER

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/

HALF HOUR DOW RESULTS MON DEC 15,2008

09:30 AM +17.05
10:00 AM -32.10
10:30 AM -40.26
11:00 AM -25.60
11:30 AM -54.25
12:00 PM -70.88
12:30 PM -41.18
01:00 PM -86.10
01:30 PM -82.91
02:00 PM -76.54
02:30 PM -97.33
03:00 PM -122.02
03:30 PM -137.39
04:00 PM -65.15 8564.53

S&P 500 868.57 -11.16

NASDAQ 1508.34 -32.38

GOLD 836.50 +15.00

OIL 44.75 -1.53

TSE 300 8461.83 -53.62

CDNX 716.81 -1.73

S&P/TSX/60 512.28 -3.48

MORNING,NEWS,STATS

Dow +38 points at 4 minutes of trading today.
Dow +40 points at high.
Dow -70 points at low.
MGM Mirage selling treasure Island for $775 MILLION.
JP MORGAN downgraded to underperform at Merrill.
AT&T downgraded to neutral from buy at Goldman.

Once again the Bible proven literal and truthful by Solomons Portfolio.

ECCLESIASTES 11:1-2
1 Cast thy bread upon the waters: for thou shalt find it after many days.
2 Give a portion to seven, and also to eight; for thou knowest not what evil shall be upon the earth.

THE SOLOMON PORTFOLIO (DIVIDE EQUALLY IN THESE 7 PORTIONS)
-Large-Cap US stocks
-Small-Cap US stocks
-Non-US stocks
-Commodities and Natural Resourses
-Real Estate Investment Trusts (REITS)
-Intermediate Bonds
-Cash

AFTERNOON,NEWS,STATS

Dow -100 at low today so far.
Dow +40 at high today so far.

WRAPUP,NEWS,STATS

Dow -180 at low today.
Dow +40 at high today.
Dow -0.7% today.
S&P -1.2% today.
Nasdaq -2.1% today.
Dow,S&P,Nasdaq on pace for 4th consecutive losing month.
Goldman cuts Apple.
Home builders amoung the days worst performing stock groups today.
Stocks fall after economic data highlights manufacturing slump.
Siemens to pay $1.3 BILLION to settle corruption probes in U.S and Germany.
Republicans,UAW blame each other for bailout failing.
Toyota sales -13.7% in 2008.
Oil was close to $50,closes at $44.75 today.

MARKET TODAY
-Testing resilience ahead of FED decision.
-Financials weigh:Concern over Banks Madoff exposure.
-Bracing for Goldman Sachs earnings.

COMMODITY COMEBACK
-Bear market Rallies=Trading opportunities.
-Short-covering Rallies=Key drivers.
-Even talk of production cuts will help.
-Inventories will rise again.

Stocks end lower as Madoff victim list grows DEC 15,08

F 3.18 +0.14
GM 4.08 +0.14
GS 66.46 -1.28
HBC 54.62 -0.17
HIG 13.97 -0.51
NEW YORK – Investors sent stocks lower Monday as anxiety over the growing list of firms affected by investment manager Bernard Madoff magnified Wall Street's concerns about the health of the financial sector.Stocks had traded mixed early on as investors were relieved to hear that President George W. Bush was working on providing short-term government help for the auto industry. The Senate's rejection of a $14 billion bailout for automakers last week had raised the possibility of a major bankruptcy, which some analysts say would result in as many as 3 million U.S. job losses next year.But as that fear eased somewhat, it gave way to concerns about companies' exposure to Madoff's fund. Well respected in the investment community after serving as chairman of the Nasdaq Stock Market, Madoff was arrested Thursday for orchestrating what prosecutors say was a $50 billion Ponzi scheme to defraud investors.Firms with exposure include HSBC Holdings PLC, Banco Santander, BNP Paribas, Royal Bank of Scotland Group PLC and hedge fund Man Group PLC. And the list of prominent investors keeps growing.This is a massive fraud taking down very intelligent people, very sophisticated investors and it just leaves you a little bit shaky in terms of who's really monitoring the store, said Jay Wong, principal and portfolio manager of Los Angeles-based money manager Payden & Rygel.The ordeal dealt another blow to investors' confidence in the market, analysts said.The investor psyche is already quite fragile. Scandals like this just add fuel to the fire, said Alan Gayle, senior investment strategist for RidgeWorth Capital Management.Investors also were nervous ahead of earnings reports later this week from the country's two largest investment banks, Goldman Sachs Group Inc. and Morgan Stanley.

Analysts are expecting Goldman Sachs to report a loss of $3.50 per share on Tuesday, according to a poll by Thomson Reuters. It would be the investment bank's first quarterly loss since it went public in 1999. Morgan Stanley reports results on Wednesday.According to preliminary calculations, the Dow Jones industrial average fell 65.15, or 0.75 percent, to 8,564.53. The Standard & Poor's 500 index lost 11.16, or 1.27 percent, to 868.57, while the Nasdaq composite index fell 32.38, or 2.10 percent, to 1,508.34.The Russell 2000 index of smaller companies fell 17.63, or 3.76 percent, to 450.80.Declining issues outnumbered advancers by about 3 to 1 on the New York Stock Exchange, where volume came to a light 1.21 billion shares.Volume is expected to remain light this week, the last full week of trading this year, ahead of the holidays. Analysts were quick to point out that light volume often skews the market's moves.There doesn't seem to be a whole lot of activity in the market right now, said Joe Keetle, senior wealth manager of Dawson Wealth Management. On small volume, the market can move dramatically one way or the other.Investors also seemed hesitant to make any major moves ahead of the Federal Reserve's decision Tuesday on interest rates. Some analysts anticipate policy makers will cut the key rate by a half-point to 0.5 percent, while others expect a three-quarter-point reduction to 0.25 percent — which would be the lowest key rate on records going back to 1954.

A Fed ease this week has long been anticipated by the market; the only news would be if the Fed did not cut, Gayle said. He added that the market will probably pay close attention to the statement the central bank releases about the economy and the possibility of future policy actions.Despite Monday's moderate decline, investors have been showing a greater tolerance for bad economic and corporate news in recent sessions, leading some analysts to believe that the market may be showing some stability after the horrific selling of the past three months.The Dow ended last week down 0.07 percent; the S&P 500 index finished the week up 0.42 percent; and the Nasdaq composite index ended the week up 2.08 percent. Still, the Dow is down about 35 percent for the year, while the S&P 500 and Nasdaq are down more than 40 percent.

The market has recently done a very good job with absorbing bad news, said Quincy Krosby, chief investment strategist at The Hartford Financial Services Group Inc. The key is no major surprises for the market.In addition to a rate cut, investors are anticipating some sort of resolution for the auto industry this week. Following the legislative defeat on Thursday, the administration said it was considering several options. Bush reiterated Monday that he remains open to tapping the $700 billion financial bailout fund to help the companies. General Motors Corp. and Chrysler LLC are seeking the funding, while Ford Motor Co. has said it has enough cash to survive 2009. GM was the biggest gainer among the 30 stocks that make up the Dow, rising 14 cents, or 3.6 percent, to close at $4.08. The biggest loser Monday was JPMorgan Chase & Co., which fell $2.31, or 7.5 percent, to $28.63, alongside other declining financial stocks. The Madoff scandal only added to investors' growing fears about the financial sector — namely that banks will report more losses in the fourth quarter due to the major market turmoil throughout the period. Goldman Sachs fell $1.28 to $66.46, while Morgan Stanley lost 21 cents to $13.64. In economic data, the Fed reported a decline in November industrial production, while the New York Fed reported a massive contraction in regional manufacturing activity.

Bond prices edged higher Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 2.50 percent late Monday from 2.58 percent late Friday. The yield on the three-month T-bill — a safe short-term asset that's in very high demand — dipped to 0.02 percent late Monday from 0.04 percent late Friday.

The dollar fell against the euro and the British pound, but rose against the Japanese yen. Gold prices rose. Light, sweet crude for January delivery peaked briefly above $50 early Monday, but then fell $1.77 from Friday's level to settle at $44.51 a barrel on the New York Mercantile Exchange. Markets overseas were mixed. Japan's Nikkei stock average rose 5.21 percent, while Hong Kong's Hang Seng index rose 1.96 percent. Britain's FTSE 100 slipped 0.07 percent, Germany's DAX index fell 0.18 percent, and France's CAC-40 fell 0.87 percent. On the Net: New York Stock Exchange: http://www.nyse.com Nasdaq Stock Market: http://www.nasdaq.com

Berlin plans stimulus package 2.0
VALENTINA POP Today DEC 15,08 @ 09:27 CET

The German government is working on a second stimulus package worth at least €30 billion, but no decision will be taken until the end of January, when US president-elect Barack Obama is sworn in.Economy minister Michael Glos discussed a second package during a seven-hour meeting on Sunday between cabinet members and around 30 representatives of industry, trade unions and banks.Chancellor Angela Merkel, for a long time under fire for not having responded swiftly enough to the financial crisis, pledged to oversee stronger collaboration between all actors involved. Germany was a strong country and these measures would help it to weather the storm, she said.Two working groups, one on labour markets and the other on financial markets, would be immediately formed, finance minister Peer Steinbruck has said.

However, no decision would be taken before 20 January, when US president Barack Obama takes office. When the US government puts something on the table, the German government will also have something ready, Bert Rurup, head of the economic mediation council within the German government said after the Sunday meeting.Berlin would also maintain its line on not cutting VAT rates, as the UK has done recently, but would take its own measures, Mr Steinbruck said.According to a draft seen by the Wirtschafts Woche weekly, the second stimulus package would be a mix of different measures worth at least €30 billion.Its main aim will be to break the vicious cycle of inflation and pay raises. Another measure will be to lower the medical insurance contributions by beefing up the health care fund. A second infrastructure programme, as well as tax cuts for the socially disadvantaged have also been included in the draft.The package would be mostly funded by external loans.Meanwhile, Berlin has to failed to revive the inter-bank lending market and might soon be forced to modify its €500 billion bank rescue package, adopted in October.

Politicians led by Ms Merkel and Mr Steinbruck have lambasted the banks for parking their cash with the European Central Bank at very low interest rates instead of lending it to each other or to companies. Speaking to Der Spiegel, American Nobel economics laureate Paul Krugman has accused both Chancellor Merkel and her finance minister, Mr Steinbruck, of still viewing the world as it was a year or two ago, when inflation and deficits were the main economic threats.

Trichet warns on fiscal indiscipline

Meanwhile, fiscal indiscipline in European rescue packages is not to be tolerated, as it could threaten the fragile economic confidence, president of the European Central Bank, Jean-Claude Trichet has told the Financial Times.But he argued that the European Union's stability and growth pact, which sets rules on public deficits and debt, offers flexibility to countries with stronger finances. We would destroy confidence if we blew up the stability and growth pact, he said. Mr Trichet said the global financial crisis poses a serious threat to industrialised economies. We cannot afford in the future to put the concept of the market economy at risk as we did.

Home values seen losing over $2 trillion during 2008 Mon Dec 15, 7:19 am ET

NEW YORK (Reuters) – Homes in the United States have lost trillions of dollars in value during 2008, with nearly 11.7 million American households now owing more on their mortgage than their homes are worth, real estate website Zillow.com said on Monday.U.S. homes are set to lose well over $2 trillion in value during 2008, according to an analysis of recent Zillow Real Estate Market Reports.Home values declined 8.4 percent year-over-year during the first three quarters of this year, compared to the same period in 2007, the reports showed.U.S. home values lost $1.9 trillion from the first of the year through the end of the third quarter, and will probably fall further in the fourth quarter. One in seven of all homeowners, or 14.3 percent, were underwater by the end of the third quarter, the reports showed.This year marked the acceleration of the market correction, and is likely to end with the eighth consecutive quarter of declines in home values, Dr. Stan Humphries, Zillow's vice president of data and analytics, said in a statement.In general, homeowners in most areas we cover are struggling with foreclosures pouring into the market, large amounts of negative equity and dropping home values. On the positive side, in the third quarter, some markets - particularly those hit hardest in the downturn - showed smaller year-over-year declines than in the prior quarter, he said.

Our optimism here, though, must be tempered by the knowledge that the larger economic problems that emerged in the fourth quarter will likely further challenge the real estate market, he said.The U.S. housing market is suffering the worst downturn since the Great Depression as a huge supply of unsold homes, tighter lending standards and record foreclosures push down home prices.Thirty of the 163 metropolitan statistical areas, or MSAs, covered in the Zillow Real Estate Market Reports showed gains in the Zillow Home Value Index, or median value of all homes in the area, over the first three quarters of the year, with the Jacksonville, North Carolina region seeing year-over-year appreciation of 4.9 percent. The change in value was calculated by averaging the year-over-year change in each of the first three quarters of the year, the reports showed.The U.S. housing market, with falling prices, rising foreclosures, and large numbers of underwater mortgages, remains the largest unresolved issue for the global economy.The Stockton, California region fared the worst in the first three quarters of 2008, with home values sliding 32.3 percent year-over-year. The Merced, California area followed with home values declining 31.2 percent year-over-year in the first three quarters of 2008, the reports showed.(Reporting by Julie Haviv, Editing by Chizu Nomiyama)

Parliament negotiators sign off on climate deal
LEIGH PHILLIPS Today DEC 15,08 @ 09:21 CET

EUOBSERVER / BRUSSELS - European Parliament negotiators have signed off on the climate package deal backed by European Union premiers and presidents last week, setting up the bills that make up the package to be approved when the full sitting of the house gathers to consider them on Wednesday (17 December).MEPs and the French EU presidency reached the informal agreement on Saturday morning over the last details of the climate change package. The EU's 'Triple-20' bundle of laws aimed at arresting catastrophic climate change, aims to decrease greenhouse gas emissions, improve energy efficiency and increase the use of renewable energy all by 20 percent by 2020.However, the fine print of the deal will see the vast majority of the emissions reductions made in the developing world instead of Europe and emissions permits given away for free to many industries, a move that critics say will deliver windfall profits to manufacturers but little in the way of CO2 reductions.Over the course of three consecutive meetings, delegations from the parliament, led by the three MEPs who shepherded the legislation through the chamber, and representatives of the French EU presidency finalised the informal negotiations on a directive revising the current EU emission trading system (ETS) - the heart of the climate package.

They also haggled over a decision setting ceilings for national emissions in sectors not covered by the ETS and considered a directive that would pave the way for the development of carbon dioxide capture and storage (CCS), an experimental technology that could scrub emissions from polluters such as coal-fired power plants and steel mills and then store the CO2 underground or under the sea bed.The agreement reached on Saturday calls for 300 million allowances (emissions permits in the ETS) to be awarded to fund large scale CCS projects in the EU. Monies from the sale of such permits should cover the construction costs of nine or ten such projects.Member states had agreed on Friday to set aside 200 million allowances for CCS.Irish centre-right MEP Avril Doyle, one of the lead negotiators, said the outcome was a very good result and a balanced outcome between preserving the environmental integrity of the proposal and ensuring a level playing field for European industry.Finnish Green MEP Satu Hassi, another of the parliament's negotiators, had mixed feelings about the compromise: It is a historical achievement to have emissions reductions targets for EU member states with also binding linear pathway and binding yearly limits, she said. However, I cannot feel completely happy, because the deal allows outsourcing of over half of EU emissions reductions to other countries.Some MEPs on Friday had warned they would put up a fight over the dilution of the climate package, but with the major political groupings, the Socialists and the centre-right European People's Party solidly behind the finalised package, the agreement is all but a done deal.The compromises must still be put to a vote of the full sitting of the parliament, due to take place on Wednesday (17 December) in Strasbourg and then formally endorsed by the all EU member states.

EU backs $264B US stimulus package Friday, December 12, 2008 | 12:25 PM ET CBC News

The European Union formally agreed Friday to pump $264 billion US into the ailing economies of its 27-member countries to battle the current downturn.The EU will let its members choose the best way to use the cash from a menu of options, including accelerated infrastructure projects and tax relief, British Prime Minister Gordon Brown said in announcing the organization's support for a package that had been tentatively agreed to earlier in December.This is good news for Britain, because the action today will support employment and growth in what are our biggest export markets in Europe.... And because it is co-ordinated action, agreed unanimously and happening simultaneously, it will have a bigger impact on jobs and growth, Brown said at a press conference in Brussels, where EU heads discussed climate change and the economy.The agreement means the EU countries will spend billions on co-ordinated action to assist failing economies and keep the few remaining decent performers healthier.The European Union has a variety of rules in place to prevent individual countries from imposing trade barriers and taking other actions that might be deemed too restrictive.All told, the new EU package will inject fiscal stimulus worth about1.5 per cent of the entire GDP of the constituent members.

Rate cuts not enough
These countries had been mildly split over whether interest rates cuts or new government spending was the best method to help their economies.After a series of recent cuts, however, interest rates at the European Central Bank and Sweden's Riksbank now stand at two per cent and the Bank of England at one per cent, leaving little room for additional help from further rate reductions.Now the EU, similar to many countries, appears willing to throw its support behind extra spending as the way out of a financial swamp in which many economies now find themselves mired.We agree that decisive action is needed, both at the EU and national levels, in order to sustain demand and investment ... and in order to sustain higher growth and employment in the European Union, the organization's economic and financial affairs council said Dec. 3.Many countries, including the United States, have developed plans to inject cash into their economies along with programs to change financing rules and ensure sufficient funds exist for lenders.

THIS IS SO SAD IT WILL HURT ISRAELIS THAT A SECULAR ISRAELI SCAMMED SO MANY PEOPLE AND SO MUCH CASH. CHRISTIANS DO NOT BLAME THIS ON ALL ISRAELIS,THIS IS JUST ONE GONE BAD,WE MUST STICK UP FOR ISRAEL NOT GO AGAINST THEM. I NEVER EVEN KNEW HE WAS AN ISRAELI TILL I LISTENED TO ISRAEL NATIONAL RADIO YESTERDAY.

Alleged Madoff fraud has worldwide exposure By JOE BEL BRUNO and JANE WARDELL, AP Business Writers DEC 15,08

NEW YORK – The list of investors who say they were duped in one of Wall Street's biggest Ponzi schemes is growing, snaring some of the world's biggest banking institutions and hedge funds, the super rich and the famous, pensioners and charities.The alleged victims who sunk cash into veteran Wall Street money manager Bernard Madoff's investment pool include real estate magnate Mortimer Zuckerman, the foundation of Nobel laureate Elie Wiesel, and a charity of movie director Steven Spielberg, according to The Wall Street Journal.Among the world's biggest banking institutions, Britain's HSBC Holdings PLC, Royal Bank of Scotland Group PLC and Man Group PLC, Spain's Grupo Santander SA, France's BNP Paribas and Japan's Nomura Holdings all reported that they had fallen victim to Madoff's alleged $50 billion Ponzi, or pyramid, scheme.The 70-year-old Madoff (MAY-doff), well respected in the investment community after serving as chairman of the Nasdaq Stock Market, was arrested Thursday in what prosecutors say was a $50 billion scheme to defraud investors. Some investors claim they've been wiped out, while others are still likely to come forward.There were a lot of very sophisticated people who were duped, and that happens a great deal when you've had somebody decide to be unscrupulous, said Harvey Pitt, a former chairman of the Securities and Exchange Commission, a regulatory agency in charge of monitoring investment funds like the one Madoff operated.The extent of the potential damage prompted a leading fund manager in London to lash out at U.S. regulators for failing to detect the fraud earlier.

I think now it is very difficult for people to invest in things that are meant to be regulated in America, because they haven fallen down in the job, Nicola Horlick, the manager of Bramdean Alternatives, which has 9 percent of its funds invested in Madoff's scheme, told the British Broadcasting Corp.All through the credit crunch this has been apparent, Horlick added. This is the biggest financial scandal, probably, in the history of the markets.Among U.S. investors, the Boston-based Robert I. Lappin Charitable Foundation, a charity that financed trips for Jewish youth to Israel, let go of its staff after revealing that the money for its operations was invested with Madoff.New Jersey Sen. Frank Lautenberg, one of the wealthiest members of the Senate, entrusted his family's charitable foundation to Madoff. Lautenberg's attorney, Michael Griffinger, said they weren't yet sure the extent of the foundation's losses, but that the bulk of its investments had been handled by Madoff.Lautenberg's foundation handed out more than $765,000 to at least 100 recipients in 2006, according to the most recent listing on Guidestar, which tracks charitable organization filings.The foundation helps support a variety of religious, educational, civic and arts organizations in New Jersey and elsewhere, and its contributions range from a gift of more than $300,000 to the United Jewish Communities of MetroWest New Jersey to a $2,000 donation to a children's program at the Hackensack Medical Center.Reports from Florida to Minnesota included profiles of ordinary investors who gave Madoff their money. Some had been friends with him for decades, others were able to invest because they were a friend of a friend. They told stories of losing everything from $40,000 to an entire nest egg worth well over $1 million.They join a list of more powerful investors that have come forward, all worried about the extent of their losses. The roster of names include former Philadelphia Eagles owner Norman Braman, New York Mets owner Fred Wilpon and J. Ezra Merkin, the chairman of GMAC Financial Services, among others.The Wall Street Journal, citing a person familiar with the matter, said Mortimer Zuckerman, the chairman of real estate firm Boston Properties and owner of the New York Daily News and U.S. News & World Report, had significant exposure through a fund that invested substantially all of its assets with Madoff.The Journal also said the Steven Spielberg charity, the Wunderkinder Foundation, in the past appears to have invested a significant portion of its assets with Madoff. It said the Elie Wiesel Foundation for Humanity, founded by the famed Holocaust survivor and writer, was hard hit by losses, citing two people familiar with the organization's investments.Messages were left with the Zuckerman fund and Wunderkinder foundation. The Wiesel foundation said it was looking into the matter.The Journal also reported potential investors and firms exposed to the alleged fraud included: Carl Shapiro, founder and former chairman of women's apparel company Kay Windsor Inc.; Bed Bath & Beyond Inc. co-founder Leonard Feinstein; Yeshiva University; EIM Group; UBS AG; Fairfield Greenwich Advisors; Tremont Capital Management; Maxam Capital Management and Ascot Partners. Among those overseas confirming exposure on Monday, Banco Santander, the largest bank in the euro zone by market capitalization, said its clients have 2.33 billion euros ($3.07 billion) in exposure with Madoff, mostly through a fund called Optimal Strategic US Equity.

HSBC, Britain's largest bank, said a small number of its insitutional clients had exposure totaling some $1 billion in Madoff funds. It added that it has custody clients who have invested with Madoff, but it did not believe those custodial arrangements should be a source of exposure to the group.Royal Bank of Scotland — Britain's second-largest bank, which is now 58 percent owned by the British government — said it could lose around 400 million euros pounds through exposure in trading and collateralized lending to funds of hedge funds invested with Bernard L Madoff Investment Securities LLC. Man Group, the world's largest publicly traded fund manager that reported exposure of around $360 million on Monday, said it appears that a systematic and comprehensive fraud may have been committed, evading a range of structural controls.Japan's Nomura Holdings said it has 27.5 billion yen ($306 million) in exposure, but added that any losses were likely to be limited compared to its capital base. French banks foresee nearly 1 billion euros in potential losses as indirect victims of the alleged fraud. Natixis, France's fourth-largest bank, set its maximum indirect exposure at about 450 million euros. A statement by the investment bank said it made no direct investments in hedge funds managed by Madoff. However, it said that some of its clients' money was invested in funds managed by first class custodians, which in turn entrusted those securities to Madoff's investment securities company. Both Societe Generale and Credit Agricole said they had negligible exposure of below 10 million euros each. However, the euro zone's largest bank, BNP Paribas, has estimated its risk exposure to hedge funds managed by Madoff at up to 350 million euros. In a statement Sunday, BNP Paribas said it has no investment of its own in Madoff's hedge funds, but does have risk exposure to these funds through its trading business and collateralized lending to funds of hedge funds.Swiss bank Union Bancaire Privee indicated it had hundreds of millions of dollars in client assets invested under the management of Madoff. The Geneva bank, one of Switzerland's largest, did not disclose a total amount invested, but did say the exposure of its clients represents less than 1 percent of the total assets under management of the bank.UBP's announcement Monday followed weekend disclosures by Swiss banks Reichmuth & Co. of Lucerne, Benedict Hentsch of Geneva and Neue Privat Bank of Zurich that they had millions of dollars worth of client assets at risk in the case. Unicredit, Italy's largest bank, said its exposure to Madoff's company is about 75 million euros, representing amounts the bank invested directly and not funds belonging to its clients, said spokesman Andrea Moreschi. Unicredit has a separate, indirect exposure through Pioneer Investment, its asset management division. In Germany, Deutsche Bank AG, Dresdner Bank AG and Commerzbank AG declined to comment on the matter. On Friday, representatives from major U.S. banks — Bank of America Corp., Citigroup Inc., PNC Financial Services Group Inc. and Merrill Lynch & Co. — declined to comment on whether they had exposure to Madoff's company. Both BlackRock Inc. and Goldman Sachs Group Inc. said they had no exposure.
Morgan Stanley, Wells Fargo & Co., Comerica Inc. and U.S. Bancorp did not return calls seeking comment.

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).

Montenegro files EU membership application
ELITSA VUCHEVA Today DEC 15,08 @ 17:38 CET

EUOBSERVER / BRUSSELS – Montenegro on Monday (15 December) presented its official application for EU membership to current EU President Nicolas Sarkozy, hoping to win EU candidate country status some time next year.EU enlargement commissioner Olli Rehn welcomed the country's move, saying: Today Montenegro has reached a historical milestone marking the country's important engagement to common European values and fundamentals. Montenegro has made important progress in its preparations for the European integration, he added.The move comes after the former Yugoslav country of some 680,000 people declared independence from Serbia in June 2006 and signed a pre-accession deal – the so-called Stabilisation and Accession Agreement (SAA) – with the EU in October 2007.It had first planned to file its membership application in the first half of this year, under Slovenia's EU presidency, but changed its mind after Brussels warned it was too early for such a move.The commission says the country is still lagging behind in many fields and EU membership is not expected to occur in the very near future.Among other issues, Podgorica, the capital, needs to reform further the public administration of the country, as well as its judicial system and to make further efforts in the fight against corruption – problematic areas common to all Balkan states.The Council - the institution representing EU member states - is now to ask the European Commission for an opinion on Montenegro's membership application. If Brussels's opinion is positive, the application has then to be approved by all EU member states unanimously, giving Montenegro the status of a candidate country.Montenegrin President Filip Vujanovic earlier stated he expected Brussels to give its opinion during the Czech Republic's EU presidency, which begins on 1 January 2009and will run for six months.Prague has already indicated that accelerating the enlargement process towards the western Balkans would be one of its priorities while at the EU's helm.

An example to the region

Commissioner Rehn underlined the example Podgorica set for its neighbours.The European perspective of the western Balkan countries, including Montenegro, is essential for the stability and the prosperity of the region and for the EU, he stated.By making solid progress in economic and political reform and by fulfilling the necessary conditions and requirements, the remaining potential candidates in the western Balkans should achieve candidate status, according to their own merits, with EU membership as the ultimate goal, he added.Serbia, Bosnia and Herzegovina, Albania and Kosovo are all potential EU candidates and eye membership of the bloc in the long run. For their part, Croatia and Macedonia have been EU candidates since 2004 and 2005, respectively.Croatia opened EU accession talks in 2005 and is expected to conclude them by the end of 2009. It then aims to become a full EU member by 2011 at the latest.Macedonia has not opened EU negotiations yet.Slovenia is the only former Yugoslav country to win EU membership. It joined the bloc on 1 May 2004.

The CARMEL ALERT Dec 12th 2008 A compilation of news reports from the past week for the information of those committed to praying for Israel and the salvation of the Jewish people.

Guest Comment: Will There Be Unity In the Body ? - Dena Gewanter, M.D. Kiriat Yam, Israel
John 17:23 May they be brought to complete unity to let the world know that You sent Me, and have loved them even as you have loved Me.
Israel is one of the most unique nations in the modern world: a complete anomaly of composition and character. Imagine a country where people from all over the world leave their homes and culture not for economic benefit, but in the hope of religious and societal freedom from persecution because of who they are- Jews! In every other country, there are generally ethnic norms, similarity of language and culture that bind communities together. Even the United States, although comparable at its inception because of the search for religious freedom of the early settlers, cannot be compared to Israel because of the sheer size of the territory. There was always enough space for everyone who didn’t agree with their neighbor to move away to another city or state. In Israel, it is an absolute impossibility to remove oneself from those who are not on the same page, because not only is the entire country barely the size of New Jersey (in the U.S.), or Wales, but two thirds of that land is actually desert, and not inhabited by more than a few scattered settlements. The number of people in the entire State of Israel is less than 7 million, smaller than many cities in Asia !

After one tries to understand the ideological divisions between the 6 million Jews and the 1.2 million non-Jewish cultures who live here, Muslim, Druise, Bedouin and Arab Christians, it becomes a quagmire of cultural clashes and divisions among people who have very strong traditions and ties. In the midst of this mixture of disparate cultures, there are the Believers in Yeshua in Israel, comprising around 15,000 people. Currently there are between 150 to 200 Messianic congregations here, also remarkably diverse, some speaking entirely Hebrew, Russian, English, Spanish, Amharic or a combination of all of the above. To add to the complexity are the various religious cultural backgrounds of the believers in Israel, ranging from Judaism, Atheistic Communism, Catholicism, Christianity, New Ageism, the occult and others. Another extremely salient issue is the fact that many people here are either first or second generation immigrants, from such places as the Former Soviet Union, Middle Eastern countries, Europe, South America, North America and even from India and far away New Zealand! Many came after trauma of war or religious persecution. It is known that post-traumatic stress disorder is passed on to the children of these victims, and many have problems raising their own families because of it. This is a country full of traumatized people who have left behind their homes, their familiar culture, language and communities to live in a country that is surrounded by enemies and under constant threat of war.

When the spiritual aspect is added to this mixture, one finds in this small space faiths such as Judaism, Christian religions including Catholic, Protestant, Russian and Greek Orthodox as well as the fringe elements including Jehovah’s Witnesses, Seventh Day Adventists and Mormons. There is the Bahai influence, New Age, Humanism, Occult, Witches, Warlocks, and Freemasons. Add to that the various levels of Islam with all the mosques throughout Israel calling the faithful to prayer (usually against the State of Israel) five times per day. Each and every one of these religions feel they have ownership in some aspect over the Holy Land, and usually think that everyone but themselves is wrong and doesn’t deserve to be here!!

An ongoing battle with believers here in Israel is to operate in a Spirit of Unity. It is unbelievably difficult if one considers all the factors listed above, and the spiritual atmosphere of a country with thousands of years of un-Godly influences ranging from pagan worship, Baal and Ashtoreth, Ahab, Jezebel, strong men of Greece and Persia and ancient principalities inspiring outside nations to destroy Israel and the Jews. There is all the effects of the shed blood on the very ground that we stand on and the fact that all the hordes of satan are being summoned to destroy the Land and the City that the Holy King of Israel is going to return to!! To be honest, it is miraculous that any of us who are spiritually sensitive can hold our heads up and speak a clear sentence from end to end!

Adding to this mix, we now have many Christians from the nations who are coming to Israel, want to partner with the native believers and participate in welcoming Yeshua back to His home turf. All these well meaning people from outside Israel have their own agendas and religious ideologies: To be frank, some also come with serious ego issues! All of us who live here are quite familiar with people who come on a Mission from God, having been given a great vision to do one thing or another. Occasionally we have experienced clashes between these people and their plans, which impact our lives either temporarily as we host them in our homes or congregations, or on a long term basis if someone takes offense and decides to either defame or denigrate a person or ministry, or at best, simply withdraw financial support.

Friends, I could go on for pages describing the pressures and spiritual battles one has to endure living here as a believer in Yeshua! Suffice it to say that when you come here, either to experience the Holy Land, to connect with your God, or to support the various believing congregations, please take into account all the factors that have been listed. Come with a spirit of Grace, with understanding that we are fallible, imperfect and doing the best we can. The community of believers in Israel is tiny, as is our country. Perhaps this is what the Lord intended, because due to the size of our environment, each one of us is forced to look each other in the eye, and GET ALONG! If there is discord in our communities either from within or without, we are still left here to repair the breach and do not have the option of moving elsewhere. Please continue your loving support and prayers, so that we may all love one another unconditionally, and fulfill the Lord’s last request:

May they be brought to complete unity to let the world know that You sent Me, and have loved them even as you have loved Me. John 17:23

The Lord bless you as you bless Israel by standing in defense of her right to exist on the land given to the Jewish people by the God of Israel. Lets pray that Israel will turn back to their God. Do not be silent, but share this with your fellow Christians, share it with your pastors, and with anyone you have a chance to speak to. Lets also pray for that breakthrough to the Muslims, and please remember to pray for our son Jordan, and all of his fellow soldiers in the IDF.

Quote of the week: A prominent British Muslim announced the other day that, when the United Kingdom becomes a Muslim state, non-Muslims will be required to wear insignia identifying them as infidels. - Mark Steyn ( author & journalist )

Shabbat Shalom .... David & Josie.

Iraqis demand release of shoe-hurling journalist By CHELSEA J. CARTER, Associated Press Writer DEC 15,08

BAGHDAD – Thousands of Iraqis took to the streets Monday to demand the release of a reporter who threw his shoes at President George W. Bush in anger at U.S. policies, as support for the act and the journalist flowed in from across the Arab world.The protests came as suicide bombers and gunmen targeted Iraqi police, plus U.S.-allied Sunni guards and civilians, in a series of attacks Monday that killed at least 17 people and wounded more than a dozen others, officials said.The journalist, Muntadhar al-Zeidi, was being held by Iraqi security Monday and interrogated about whether anybody had paid him to throw his shoes at Bush during a news conference Sunday in Baghdad, said an Iraqi official.He was also being tested for alcohol and drugs, and his shoes were held as evidence, said the official, speaking on condition of anonymity because he was not authorized to talk to the media.Showing the sole of your shoe to someone in the Arab world is a sign of extreme disrespect, and throwing your shoes is even worse. Iraqis whacked a statue of Saddam Hussein with their shoes after U.S. Marines toppled it after the 2003 U.S.-led invasion.Iraqi security guards wrestled al-Zeidi to the ground immediately after he tossed his shoes.Bush was not hit by the shoes, but White House press secretary Dana Perino suffered an eye injury when she was hit in the face with a microphone during the melee.On Monday, reporters were repeatedly searched and asked to show identification before entering the heavily guarded Green Zone, where the press conference took place.Newspapers across the Arab world printed front-page photos of Bush ducking the flying shoes, and satellite TV stations repeatedly aired the incident, which was hailed by the president's many critics in the region.Many are fed up with U.S. policy and still angry over Bush's decision to invade Iraq in 2003 to topple Saddam.

As many as 98,000 Iraqi civilians may have been killed since the war began, according to Iraq Body Count, an independent organization that tracks media reports as well as official figures. The war has cost nearly $576 billion so far, according to the National Priorities Project.Wafa Khayat, 48, a doctor in the West Bank town of Nablus, called the attack a message to Bush and all the U.S. policy makers that they have to stop killing and humiliating people.In Jordan, a strong U.S. ally, a 42-year-old businessman, Samer Tabalat, praised al-Zeidi as the man. ... He did what Arab leaders failed to do.Al-Zeidi's TV station, Al-Baghdadia, repeatedly aired pleas to release the reporter Monday, while showing footage of explosions and playing background music that denounced the U.S. military presence in Iraq.We have all been mobilized to work on releasing him, said Abdel-Hameed al-Sayeh, the manager of Al-Baghdadia in Cairo, where the station is based.Al-Jazeera television interviewed Saddam's former chief lawyer Khalil al-Dulaimi, who offered to defend al-Zeidi, calling him a hero.In Baghdad's Shiite slum of Sadr City, thousands of supporters of radical Shiite cleric Muqtada al-Sadr burned American flags to protest against Bush and call for the release of al-Zeidi.Bush, Bush, listen well: Two shoes on your head, the protesters chanted. In Najaf, a Shiite holy city, some protesters threw their shoes at a passing American patrol. Witnesses said the American troops did not respond and continued on their patrol. Violence in Iraq has declined significantly over the past year but daily attacks continue. A truck bomb killed at least nine police officers Monday and wounded 13 others in Khan Dhari west of Baghdad, said Dr. Omar al-Rawi at the Fallujah hospital, where dead and wounded were taken. The U.S. military said eight Iraqi police officers were killed and 10 people were wounded in the blast. Conflicting casualty tolls are common in the chaotic aftermath of bombings. Hours earlier, a female suicide bomber knocked on the front door of the leader of a local chapter of the Sunni volunteer militia north of Baghdad and blew herself up, killing him, said an Iraqi police official, speaking on condition of anonymity because he was not authorized to talk to the press. Also Monday, gunmen killed seven people from a single family, members of the minority Yazidi sect, when they stormed into their home in northern Iraq, police said. AP journalists from across the Mideast contributed to this report.

BELL INTEFERES WITH ME

Like i said 2 weeks ago i dumped Bell canada telophone and internet because they were breaking into my computer. Well and hour ago microsoft oviously let bell through to my computer and a pop up said to connect and update bell sympatico security meanwhile i told them 2 weeks ago i was throught with there hassels. then when i shut my computer down 10 minutes or so later it said someone was in my computer ,this happened to me before i dumped BELL so I know it is BELL that broke into my computer.

People whoever has BELL get rid of their services they are nothing but trouble. and guess who bell has as TECHNICHIANS on there computers MUSLIMS FROM INDIA AND INDONESIA. YES can you believe these hypocrit bell source out there technichian service to MUSLIMS in INDONESIA AND INDIA.

Now we know why my computer was always going crazy for the last 6 months i had bell. And when did this last hassel start yesterday after i got my updates from microsoft.

So we got Microsoft,Bell and google all against me to try to shut me up from getting the truth out to the world.