Friday, October 07, 2011

YOM KIPPUR TONIGHT AT 6PM IN ISRAEL

THE GODLESS LIBERALS WIN ONTARIO ELECTIONS.

Ontario Liberals win third straight term in office
ReutersBy Claire Sibonney | Reuters – OCT 7,11


TORONTO (Reuters) - Ontario Liberals scored a third straight victory in a provincial election in Canada's economic center on Thursday, but fell one seat short of a majority and will need support from opposition legislators to stay in power.The Liberals won 53 seats in the Legislative Assembly of Ontario after a late surge in a campaign in which polls showed they started in a weak second place. The election numbers were not yet official and many individual races were very close.This will be the first minority government in the province since the mid-1980s.The Progressive Conservatives scooped up 37 seats while the left-leaning New Democrats were ahead in 17.The Liberals' took most of the seats in urban centers including the financial capital of Toronto, while the Conservatives dominated the province's rural areas.

Ontario Premier Dalton McGuinty, now heading for his third straight term in office, campaigned on a message of a steady hand at the tiller in difficult times.McGuinty highlighted his track record of steering the province, Canada's manufacturing powerhouse, through recession with no major spending cuts.Ontario, with a population of more than 13 million, is Canada's most populous province. Its export-oriented economy accounts for about 40 percent of the national gross domestic product.The Liberals lost a total of 17 seats in the election, with the Conservatives picking up 12 and the New Democrats gaining seven. There were two vacancies going into the vote.
Fifty-four seats is the slimmest possible majority for the Liberals. Being one seat short of a majority means the Liberals will need to cooperate with opposition legislators to push through their agenda.The two opposition parties can join forces to vote them out, either by rejecting major legislation or by passing a vote of no confidence.

PREMIER DAD

The race began with a call for change over public frustration with the rising debt, taxes, electricity bills and spending scandals. In the end, voters decided that boring is sometimes best with a stable McGuinty dubbed Premier Dad.It's important that we be sober minded about the message Ontarians have sent us tonight, McGuinty said in a bittersweet speech before a cheering crowd in Ottawa.Ontarians said to us, 'We are placing our trust in you but we expect you to work even harder, listen more than ever and give us nothing but your best every day. But most of all we demand that you lead.During the campaign, the Liberals promised more money for their priorities of healthcare and education.They say they can rein in a C$16 billion deficit and ween the province off its dependency on the auto sector by investing heavily in renewable energy.Tim Hudak, leader of the Progressive Conservatives, saw his lead disappear in the final weeks of the campaign as he scrambled to connect with voters on a platform that looked very similar to that of the Liberals, albeit with some promises to lower taxes and curb spending.It is very clear that the people of Ontario have put Dalton McGuinty on a much shorter leash,Hudak told supporters at his campaign headquarters in Niagara Falls.A vow to scrap Ontario's C$7 billion green energy deal with South Korea's Samsung and end above-market prices for renewable power were the party's only big policy difference with the Liberals.
Negative media play about right-wing crime and punishment ideas and moves deemed anti-immigrant and homophobic also did the Conservatives few favors.(Reporting by Claire Sibonney; editing by Janet Guttsman and Will Dunham)

DOUG AND LAURIE FRI'S 6-9 PM EST ABOUT THE ISSUES OF THE DAY
http://www.usaradio.com/listen_live_usa2.php
LAURIE ROTH SHOW ARCHIVES 2011-DOUG-LAURIE ON MOST FRIDAYS FOR 3 HRS
http://therothshow.com/show-archives/january-2011/
http://therothshow.com/show-archives/february-2011/
http://therothshow.com/show-archives/march-2011/
http://therothshow.com/show-archives/april-2011/
http://therothshow.com/show-archives/may-2011/
http://therothshow.com/show-archives/june-2011/
http://therothshow.com/show-archives/july-2011/
http://therothshow.com/show-archives/august-2011/
http://therothshow.com/show-archives/september-2011/
http://therothshow.com/show-archives/october-2011/
http://therothshow.com/show-archives/november-2011/
http://therothshow.com/show-archives/december-2011/
HAGMANN & HAGMANN-JUDI MCLEOD REPORT SAT'S 8-10PM ON BLOGTALK RADIO
http://www.blogtalkradio.com/cfp-radio

LAURIE ROTHS SITE
http://therothshow.com/
DOUG HAGMANNS SITES
http://homelandsecurityus.com/
https://hagmann-pi.com/Home.html
http://theneinblog.blogspot.com/
CANADA FREE PRESS-JUDI MCLEOD
http://www.canadafreepress.com/
I-Q'S SITE
http://www.al-rassooli.com/
OLIVE TREE MINISTRIES SHOWS
http://olivetreeradio.com/OTM2011_09_17A.mp3
http://olivetreeradio.com/OTM2011_09_17B.mp3
http://olivetreeradio.com/OTM2011_09_10A.mp3
http://olivetreeradio.com/OTM2011_09_10B.mp3
http://olivetreeradio.com/OTM2011_09_03A.mp3
http://olivetreeradio.com/OTM2011_09_03B.mp3
JACK VAN IMPES LATEST SHOWS-VIDEO)
http://wm.thegospel.com/jvi/jvi1140.wmv (OCT 05,11)
http://wm.thegospel.com/jvi/jvi1139.wmv (SEPT 28,11)
http://wm.thegospel.com/jvi/jvi1138.wmv (SEPT 21,11)
http://wm.thegospel.com/jvi/jvi1137.wmv (SEPT 14,11)
http://wm.thegospel.com/jvi/jvi1136.wmv (SEPT 07,11)
http://wm.thegospel.com/jvi/jvi1135.wmv (AUG 31,11)
http://wm.thegospel.com/jvi/jvi1134.wmv (AUG 24,11)
http://wm.thegospel.com/jvi/jvi1133.wmv (AUG 17,11)
http://wm.thegospel.com/jvi/jvi1132.wmv (AUG 10,11)
http://wm.thegospel.com/jvi/jvi1131.wmv (AUG 03,11)
http://wm.thegospel.com/jvi/jvi1130.wmv (JULY 27,11)
http://wm.thegospel.com/jvi/jvi1129.wmv (JULY 20,11)
http://wm.thegospel.com/jvi/jvi1128.wmv (JULY 13,11)
http://wm.thegospel.com/jvi/jvi1127.wmv (JULY 06,11)
http://wm.thegospel.com/jvi/jvi1126.wmv (JUN 29,11)
http://wm.thegospel.com/jvi/jvi1125.wmv (JUN 22,11)
http://wm.thegospel.com/jvi/jvi1124.wmv (JUN 15,11)
http://wm.thegospel.com/jvi/jvi1123.wmv (JUN 08,11)

Israel Gets Ready for Yom Kippur; Tips for Easier Fasting-Soldiers, police, paramedics, rabbis and ordinary Israelis are each doing their part to prepare for the holiest day of the Jewish year.By Maayana Miskin First Publish: 10/7/2011, 11:07 AM

Israel is spending Friday preparing for Yom Kippur, the holiest day of the Jewish year. The holiday will begin at 4:41 p.m. in Jerusalem.Police have upped their alert across the country, particularly near synagogues, which are expected to be crowded beginning on Friday evening. Paramedics are on alert as well, and are prepared to deal with any emergencies that may come up during the day.The IDF has imposed a closure on Judea and Samaria, due to PA terrorists’ tendency to time their attacks to coincide with holidays. During the closure PA Arabs will be able to travel freely within PA-controlled areas, but will be able to enter Israeli areas only in cases of humanitarian necessity.The entire Cave of the Patriarchs is open only for Jewish worshipers over the fast and tents have been set up for the hundreds expected to arrive there on Friday afternoon after registering for the pre and post fast meal and a place to sleep.Rabbis and volunteers from the Tzohar organization are preparing to conduct user-friendly prayer services across the country, which had over 50,000 participants last year.

The Chabad-Lubavitch movement, Bnei Akiva, the Jerusalem-based Aish HaTorah and others will be holding special services designed for all segments of the Jewish population as well. Hesder and yeshiva high school students will be going to secular neighborhoods and kibbutzim to conduct and participate in the prayers.Ordinary Israelis are preparing as well, by hydrating and eating well in preparation for the 25-hour Yom Kippur fast.Tips to prepare for the fast include: drinking at least two liters of water a day (10 cups) on the days before the fast, and eating whole grains and vegetables on the day before, while avoiding sugar,spicy, fried and salty foods that cause thirst.Those who drink significant amounts of beverages containing caffeine daily (coffee, non-herb teas, colas) are advised to reduce the amount gradually, starting several days before the fast to prevent caffeine addiction symptoms which can include headaches and nausea. The last meal before the fast, known as the seudah hamafseket, should not include unfamiliar, spicy, or fried foods, and should omit vegetables such as cauliflower, cabbage and broccoli.After the fast, those who have abstained from drinking and eating are advised to rehydrate slowly, with a sweet drink, and begin eating with a snack, followed approximately one hour later by a light meal.

IDF: 15,000 Water Bags for Fasting Soldiers-Special water bags contain 40 ml. of water, to be made available for soldiers on operational duty who feel faint By Gil Ronen First Publish: 10/6/2011, 10:47 PM

In preparation for the Yom Kippur fast, the IDF has cooperated with the Sa'ad Umarpeh organization and distributed 15,000 small bags with water that religious soldiers on operational duty may drink if they feel ill during the fast.The amount of water in the bags, about 40 ml., is precisely the amount that Jewish Law allows an average-sized person to drink during Yom Kippur, if he feels that he cannot do without it. This amount is known as mayim leshiurim. However, the water is only intended for soldiers who carry out operational duty on the fast day.
Some of the bags contain sugared water, so that the soldier's blood sugar level can also be raised.Lt. Col. Rav Haggai Velusky, Head of Halakha Branch in the Chief Military Rabbinate, said that the bags have been delivered to four locations countrywide and that the head military rabbis in each IDF command are responsible for distributing them.

IDF Drills Yom Kippur Surprise in North-Two entire reservist brigades were called up by surprise to test readiness. 38 years ago, it was not a drill.By Gil Ronen First Publish: 10/6/2011, 9:25 PM

The IDF completed a drill Thursday in which it conducted a surprise call-up of reservists in northern and central Israel.The IDF Website reported that the drill was led by the Control Department in the General Staff under the direction of the Chief of Staff, Lt. Gen. Benny Gantz, which sent surprise immediate call-up notices to an entire brigade in Central Command and another brigade in Northern Command.The exercise was successfully completed and all in all, the website reported, there was a 90% rate of compliance among soldiers and a 100% rate among commanders.The brigades were instructed to transport the soldiers from their homes if they are not able to make it to the command headquarters on their own. The exercise ended Thursday afternoon and lasted about 24 hours.Lt. Gen Gantz summed up the exercise and said: In a situation as unstable as ours, we must make sure that our forces are in a high state of readiness, and aspire to the highest state of readiness.The exercise's timing, one day before Yom Kippur, could be coincidental, but is a reminder of what happened when the IDF was caught off-guard by an Egyptian and Syrian joint attack, executed 38 years ago on Yom Kippur, 5734 (1973). The IDF suffered heavy losses before it was able to stem the Arab attack and soundly defeat the invaders.
http://www.youtube.com/watch?v=mgX7m_LawD0&feature=player_embedded

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,(WORLD SOCIALISM) 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/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS FRI OCTOBER 07,2011

09:30 AM +2.43
10:00 AM +76.93
10:30 AM +92.56
11:00 AM +43.85
11:30 AM +37.69
12:00 PM +44.80
12:30 PM -36.10
01:00 PM -49.42
01:30 PM -43.06
02:00 PM -21.08
02:30 PM -0.76
03:00 PM +25.28
03:30 PM +94.49
04:00 PM -20.21 11,103.12

S&P 500 1155.46 -9.51

NASDAQ 2479.35 -27.47

GOLD 1,638.50 -13.80

OIL 82.78 +0.19

TSE 300 11,588.40 -191.77

CDNX 1472.50 -7.69

S&P/TSX/60 665.52 -11.61

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +65 points at 4 minutes of trading today.
Dow -37 points at low today.
Dow +109 points at high today so far.
GOLD opens at $1,655.50.OIL opens at $82.93 today.

AFTERNOON,NEWS,STATS
Dow -72 points at low today so far.
Dow +109 points at high today so far.

WRAPUP,NEWS,STATS
Dow -72 points at low today.
Dow +109 points at high today.

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

Moody's cuts credit ratings on UK banks RBS and Lloyds ReutersBy Sudip Kar-Gupta | Reuters – OCT 7,11

LONDON (Reuters) - Credit rating agency Moody's downgraded Britain's part-nationalized banks Lloyds and Royal Bank of Scotland on Friday, although Britain's finance minister said UK banks were well-placed to cope with a European debt crisis.The cuts to RBS and Lloyds formed part of a broader downgrade of 12 British financial companies by Moody's, which had already been flagged by the agency earlier in the year.Moody's cut RBS by two notches to A2 from Aa3, and downgraded Lloyds TSB by one notch to A1 from Aa3. It also cut its ratings on Santander UK, the Co-Operative Bank, Nationwide Building Society and seven other smaller British building societies.Moody's did not change its rating on Barclays and HSBC, which along with RBS and Lloyds represent the Big Four group of lenders that dominate British banking.Moody's believes that the government is likely to continue to provide some level of support to systemically important financial institutions, which continue to incorporate up to three notches of uplift, it said in a statement.

However, it is more likely now to allow smaller institutions to fail if they become financially troubled. The downgrades do not reflect a deterioration in the financial strength of the banking system or that of the government, it added.RBS shares were down 1.8 percent in early morning trade, while Lloyds fell by 2.6 percent. The shares of both banks have consistently traded well below the level at which the British taxpayer originally acquired their RBS and Lloyds stakes following the 2008 bailouts of the companies.The downgrades have been well flagged, reflecting removal of government support through guaranteed liquidity schemes and low probability of future tax-payer bail-outs,Oriel Securities said in a research note.

OSBORNE SEEKS TO REASSURE

Europe's sovereign debt crisis, sparked by Greece's economic woes, has led to concerns that many banks will need further injections of capital.Earlier this week, France and Belgium intervened to prop up European bank Dexia, whose financial strength had been eroded by the sovereign debt turmoil.However, British finance minister George Osborne said Britain's banks remained well-capitalized and in better shape than many of their European rivals, who face bigger losses on writedowns to their holdings of Greek government debt.In an interview with BBC radio, Osborne also said that the Bank of England's decision to pump more money into the economy and the government's deficit reduction plans would help shield Britain from the euro zone debt crisis.Osborne said: People ask me how are you going to avoid Britain and the British taxpayer bailing out banks in the future? This government is taking steps to do that, and therefore credit rating agencies and others will say well, actually these banks have got to show that they can pay their way in the world.And I am confident that British banks are well capitalized, they are liquid, they aren't experiencing the kind of problems that some of the banks in the euro zone are experiencing at the moment.Lloyds said the Moody's downgrade would only have a minimal impact on its funding costs, while RBS reiterated that it remained strongly capitalized and had strengthened its credit profile.Britain ended up with an 83 percent stake in RBS and a 40 percent holding in rival Lloyds after rescuing both banks during the 2008 credit crisis with taxpayer bailouts.However, the British taxpayer is currently sitting on losses of billions of pounds on their RBS and Lloyds stakes.RBS was trading at 23.76 pence, more than 50 percent below the average 49.9 pence price at which the taxpayer acquired its stake in the lender, while Lloyds was at 35.58 pence -- again a fraction of the 63 pence price at which Britain got its stake in the bank.(Additional reporting by Avril Ormsby and Tim Castle; Editing by Erica Billingham and Mike Nesbit)

US warns against European gridlock
Today OCT 7,11 @ 09:24 By Leigh Phillips


In the latest round of public pressure mounted on European leaders to move swiftly to contain the worsening debt crisis, Washington has again demanded the EU act fast.
US President Barack Obama on Thursday (6 October) in his first press conference since the middle of the summer said that the American economy was flagging and warned against European gridlock.They've got to act fast, he said speaking at the White House.Our economy really needs a jolt right now. This is not the time for the usual political gridlock,he continued.The problems Europe is having today could have a very real effect on our economy at a time when it's already fragile.His words were echoed by his economy chief, treasury secretary Timothy Geithner, who warned that the level of integration between the US and EU economies was such that Europe could end up dragging down the global economy.Europe is so large and so closely integrated with the US and world economies that a severe crisis in Europe could cause significant damage by undermining confidence and weakening demand,Geithner said in remarks to the US Senate Banking Committee.Washington wants to see the bloc massively expand its rescue operation by leveraging its €440 billion bail-out fund, perhaps to the tune of €2 trillion to stave off fears that Spain and Italy could not be bailed out in the event that the debt crisis spreads to two of Europe’s largest economies.The critical imperative is to ensure that the governments and the financial systems under pressure have access to a more powerful financial backstop, he said.

Meanwhile, across the Atlantic, the gloom was apparent in comments by the governor of the Bank of England, Mervyn King.After announced a further, £75 billion round of quantitive easing, King described the ongoing crisis as potentially worse than the Great Depression.This is the most serious financial crisis we've seen at least since the 1930s, if not ever, he told Sky News.We're having to deal with very unusual circumstances and to act calmly and do the right thing. The right thing at present is to create some more money to inject into the economy, he said.The latest round of quantitive easing, (QE) - in which the central bank in effect electronically ‘prints money’ by purchasing financial assets to inject a quantity of money into the economy - comes atop some £200 billion that has been pumped into the UK economy.King said that he could not rule out further rounds of QE.Meanwhile, the prime ministers of Sweden, the Netherlands and Finland have sent a letter to European Commission President Jose Manuel Barroso and EU Council President Herman van Rompuy demanding that the bloc ramp up the peer pressure on member states to take action to control their debts.A clear and credible commitment to work on an ambitious growth agenda, both at the national and at the EU level, is necessary to get Europe back on track, said Fredrik Reinfeldt, Mark Rutte and Jyrki Katainen in a statement published late Thursday night.The seriousness of the crisis we face underlines the importance of an EU growth agenda, they continued.Specifically, the three want to see the bloc push further on open and competitive markets, innovation, access to finance, smart regulation and a strong single market.

They also insisted that a two-speed Europe not develop as the eurozone further integrates: All member states must be involved in the decisions to further the EU's growth and competitiveness.Sweden is not a member of the eurozone and like other states that do not use the single currency, is concerned about being left out of key decisions as fiscal integration proceeds apace in the core of Europe.Those benefits would be lost in a two-speed Europe,the three continued.The also demanded peer pressure must be intensified to deliver greater European competitiveness.

EU to link regional funds to strict deficit rules
06.10.11 @ 17:41 By Valentina Pop


Brussels - The EU commission on Thursday (6 October) proposed that from 2014 onwards, the bloc's structural funds for poorer regions be linked to strict budget deficit rules under the new economic governance legislation.In line with the austerity-driven fiscal discipline promoted by the EU's net contributors, the commission wants to be given the power to suspend the funding if a country pursues unsound macro-economic policies or has weak administrative capacity.At the same time, the proposed €336 billion in the structural funds for 2014-2020 will be made more flexible, allowing the commission to intervene and change priorities if the country is seen as getting them wrong.Cohesion policy has already contributed a lot to building prosperity in the EU. But given the economic crisis, it must now become a motor for growth and competitiveness. Our proposals will make EU funds work even harder,said EU regional policy commissioner Johannes Hahn.He said the cut-off measure would be applied only as a last resort after a long series of steps. At the same time, unused structural funds can be used as loan guarantees with the EU commission working with Greece to this end.There is no contradiction between these measures, Hahn claimed, when pressed by journalists to explain how cutting funding from financially troubled countries would help them get back on track.The recently passed six pack [of EU economic governance legislation] raises the possibility to fine eurozone countries if they don't stick to deficit rules. So we discussed the theoretical possibility to use money as a final way to bring them back to the right way,the Austrian politician explained, adding that the cut-off measure would also apply to fisheries and rural development funding.MEPs and regional representatives fiercely opposed the proposal, however.

In these times of crisis, solidarity is the key (...) Our group will oppose any attempt to breach that solidarity. EU citizens should not be punished for the difficulties of their governments in reducing public deficits as proposed by the European Commission, said Italian Social Democrat MEP Patrizia Toia.Her Green counterpart from Germany Elisabeth Schroedter also criticised the funds-cutting measure, which she said would undermine the very essence of structural and cohesion funds.And Mercedes Bresso, the chairwoman of the Committee of the Regions, an advisory EU body comprising of regional and local officials said that she is firmly opposed.It is irritating that the Commission ignored the strong opposition of the Committee of the Regions, the European Parliament and of the other concerned stakeholders on this point, she said.Withdrawing EU funding from an already ailing economy will only make matters worse. And this measure will punish regional and local authorities for the failures of their national governments, Bresso explained.
The centre-right group in the European Parliament approves the move, however.We are now at the starting point of a big debate on the future regional policy and of course there are elements of utmost importance for us to be defined and regulated, it said, citing macro-economic conditionality as one of them.Member states and the European Parliament still have to agree on the new rules as well as the final figures for the seven-year budget.

ECB offers new loans to banks in worst crisis since WWI 06.10.11 @ 18:04 By Leigh Phillips

The European Central Bank has announced new loans to banks amid mounting fears across Europe of a fresh credit crunch paralysing the continent’s economy.In his last press conference as president of the Frankfurt-based institution, Frenchman Jean-Claude Trichet on Thursday (6 October) said that the ECB would be providing unlimited 12-month and 13-month loans to banks and that the bank would purchase some €40 billion in covered bonds - debt securities backed by cash flows from mortgages or government loans.However, the central bank held interest rates unchanged at 1.5 percent despite increasing signs of European economic growth stalling and widespread calls for the institution to relax its hyper-vigilant focus on inflation.Currently running at a higher-than-expected three percent in the eurozone, inflation now stands above the ECB’s self-imposed ceiling of below but close to two percent.But Trichet conceded that members of the bank’s governing council did debate whether to reduce rates and said that there was consensus but not unanimity on the maintenance of the current stance, code for the existence of a dissenting minority that backed rate reductions.The bank chief said that real GDP growth in the euro area is is now expected to be very moderate in second half of this year off the back of moderation in global demand, declining consumer and business confidence and continued tensions in financial markets.The risks to the economic remain on the downside, he told reporters, with particularly high uncertainty.Speaking of the decision to throw the banks a liquidity lifeline and the central bank’s moves at the beginning of the crisis to do the same, he said that Europe is undergoing the most serious crisis since the Second World War - perhaps even the First World War.The ECB’s moves come as European leaders pronounce themselves ready to provide a massive, multi-billion bail-out of the area’s banks - once again.

On Thursday, European Commission President Jose Manuel Barroso said that plans were being readied for a recapitalisation of European banks.It is important to pursue the efforts already under way, they are already under way, following the last stress tests, the banks are making an effort for recapitalization, he told reporters following a meeting with Finnish Prime Minister Jyrki Katainen.While he would not be drawn on how much he felt would be needed, he called for a co-ordinated approach between member states so as to not create distortions in the EU’s single market.I believe a common, or at least a co-ordinated approach is of course wise to be considered, because some of these issues have a very important effect also in the single market, he said, meaning a series of national plans co-ordinated amongst the capitals, rather than a single European bail-out.He made similar comments during a television interview on Thursday morning with EU citizens broadcast via YouTube: We are now proposing member states to have a co-ordinated action to recapitalise banks and so to get rid of toxic assets they may have.Officials are rushing to put together the bail-out plans following the sudden liquidity crisis engulfing Franco-Belgian bank Dexia, currently in the process of being broken up, bailed out and facing possible nationalisation due to its inability to access credit off the back of its exposure to Greek sovereign debt.The IMF has said that European governments will have to provide between €100 and €200 billion in public funds to shore up its banks.Until this week, EU officials publicly insisted that there was no problem in the area’s banking system, as only nine banks had failed stress tests of the institutions performed by the European Banking Authority in July and were in the process of a recapitalisation costing in the region of €2.5 billion.However, the now troubled Dexia had passed the stress tests with flying colours and most analysts fear that many more large European banks are on the verge of collapse as trust between the institutions has dried up interbank lending - the cash infusions that keep banks alive from day to day.

The comments from the commission president come after German Chancellor Angela Merkel signalled Berlin’s support from widespread capitalisation on a visit to Brussels on Wednesday: I think it is important, if there is a general view that the banks are not sufficiently capitalised for the current market situation, that one does it.The German government, as the finance minister has made very clear in the last two days, stands ready to implement such a capitalisation of the banks if it is needed, she said following a meeting with Barroso.Merkel added that EU leaders are ready to discuss the rescue plans, which are still being finalised, at the bloc’s autumn summit in the European capital from 17-18 October. Eurozone premiers and presidents will also hold a separate pow-wow on the second day of the meeting.The German leader also said that such a discussion will likely have to involve consideration of adjustments to Greece’s EU-IMF bail-out.No decision has been made as to whether bank recapitalisation should be done via the eurozone’s €440 billion rescue fund or member states themselves.Both Barroso and Katainen refused to be drawn on the question. The Finnish prime minister did however say that governments must first press banks to try to raise cash from the markets but that if that were not possible, that a public back-stop would be necessary.France, whose banks have the greatest exposure to Greek sovereign and private debt, remains opposed to the use of the European Financial Stability Fund out of fears that its commitments to the rescue fund would jack up its public debts and threaten its triple-A credit rating. Paris would prefer a programme of guarantees and the purchase of preference shares.The ECB for its part is also opposed to a leveraging of the EFSF via the ECB.
We are ... calling on governments to leverage themselves with the maximum amount of power of their own funds to ensure financial stability. We are calling on the banks to reinforce their capital and relying on the European Banking Authority and decisions taken at the level of the Eu as whole to do that as fast as possible, said Trichet on Thursday.Trichet said that the EFSF can leverage itself via the markets alone and did not need access to ECB lending.

EU court backs airline emissions cap
Today OCT 7,11 @ 09:25 By Valentina Pop


An EU plan to cap airplane emissions from January is legal, the advocate general of the European Court of Justice said on Thursday (6 October) in response to a complaint from US airlines. The industry expressed its disappointment with the legal opinion, which is usually confirmed by the court's verdicts.Part of the EU's CO2 emission allowance scheme, the cap would require airlines to pay for their pollution, which accounts for some three percent of the world's greenhouse gas emissions due to human activities.The inclusion in the EU emissions trading scheme of flights of all airlines from and to European airports is compatible with the principle of fair and equal opportunity laid down in the Open Skies Agreement, the advocate general said.Indeed, it is precisely that inclusion that establishes equality of opportunity in competition, as airlines holding the nationality of a [country beyond the EU] would otherwise obtain an unjustified competitive advantage over their European competitors if the EU legislature had excluded them from the EU emissions trading scheme, it added.Under the scheme, airlines would get 85 percent of their permits for free, while the remaining 15 percent has to be auctioned on the market. The measure applies to all airlines flying over or in and out the European airspace, causing outrage amongst non-EU companies.

A group of US and Canadian-based airlines challenged the EU rules in a British court, as each EU government has to implement them by January 2012. The tribunal in the UK turned to the ECJ for advice, with the legal opinion being the first step before a final verdict expected next year.I am glad to see that the advocate general's opinion concludes that the EU directive is fully compatible with international law. The EU reaffirms its wish to engage constructively with third countries during the implementation of this legislation, said climate commissioner Connie Hedegaard.But the International Air Transport Association (Iata) said it was disappointed at the court's opinion.We support and need positive economic measures as part of our strategy to manage aviation’s emissions. Emissions trading is one possibility. But it must be a global scheme under the leadership of International Civil Aviation Organisation,said Tony Tyler, Iata's director general.

http://www.israelnationalnews.com/News/News.aspx/148576#.To7iRHLw04o
http://www.youtube.com/watch?v=KxXKJ1GAt04&feature=player_embedded

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 11:21-23
21 And in his estate shall stand up a vile person, to whom they shall not give the honour of the kingdom: but he shall come in peaceably, and obtain the kingdom by flatteries.
23 And after the league made with him he shall work deceitfully: for he shall come up, and shall become strong with a small people.
24 He shall enter peaceably even upon the fattest places of the province; and he shall do that which his fathers have not done, nor his fathers' fathers; he shall scatter among them the prey, and spoil, and riches: yea, and he shall forecast his devices against the strong holds, even for a time.

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.

JEREMIAH 6:14
14 They have healed also the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.

JEREMIAH 8:11
11 For they have healed the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.

1 THESSALONIANS 5:3
3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.

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.

Palestinian anger at US rising over UN veto threat
APBy KARIN LAUB and MOHAMMED DARAGHMEH - Associated Press | AP – OCT 7,11


RAMALLAH, West Bank (AP) — Palestinians have long been skeptical of America's ability to help them win independence. But low expectations have turned into frustration and in some cases outright anger after the U.S. threatened to derail a bid for U.N. recognition of an independent state and Congress put a hold on $200 million in badly needed aid.Protests have been small so far, from burning a few U.S. flags and pictures of President Barack Obama to editorials blasting U.S. policy and portraying Washington as beholden to Israel. On Tuesday, about 30 people accosted a U.S. diplomatic convoy in the West Bank town of Ramallah, chanting shame on you and hurling a shoe outside a U.S.-hosted reception at a local restaurant.Palestinian President Mahmoud Abbas said Thursday that relations with the U.S. have not been affected, but also criticized the Washington for attempting to scuttle the Palestinians' request of membership in the U.N. cultural agency. Abbas said Palestinians are angry about U.S. policies, but that our anger is civilized anger, meaning it won't turn violent.Some senior politicians and well-known opinion makers have publicly written off the United States as a credible broker, tapping into a broad sentiment among Palestinians that going to the U.N., in defiance of Washington, was the right move.

Washington's threat to block U.N. recognition of Palestine is an act of aggression, said writer Hani al-Masri, who boycotted the Ramallah reception by U.S. diplomats. Other invitees said they stayed away because they feared a backlash in their community — an indicator of the combative mood in the West Bank.U.S. officials did not comment publicly, but privately played down the problem. One thrown shoe is not evidence of growing anti-American sentiment among the Palestinians, one official said on condition of anonymity because he was not authorized to speak to the media.
Al-Masri believes anger would only grow if the Obama administration goes ahead with a veto in the U.N. Security Council, the only body that can bestow full membership. The Security Council is still reviewing the Palestinian application and it's not clear whether the Palestinians can muster the needed majority of nine of 15 members which would trigger the American veto.A potential cut in U.S. aid to the Palestinians could further deepen the rift. In late August, members of Congress put a hold on some $200 million, or nearly one-third of the U.S. funding for the Palestinians for 2011.The U.S. is the single largest contributor nation to the Palestinians' annual aid of hundreds of millions of dollars — a package that is critical to development projects and the functioning of the Palestinian Authority.The Congressional action was meant as a warning, but it did not deter Abbas, who submitted the request for recognition of Palestine in the West Bank, Gaza and east Jerusalem — lands captured by Israel in 1967 — to the U.N. a month later.
Since then, U.S. aid programs worth tens of millions of dollars have been suspended for lack of funding.The Obama administration has been trying to get Congress to reconsider, arguing that such cuts only weaken those working for an Israeli-Palestinian peace deal. But the administration also insists that a Palestinian state can only arise from negotiations, not in the United Nations, and has lobbied Security Council members not to support the bid for recognition.

Abbas also called on Congress to reconsider its decision.Negotiations between the Palestinians and Israel have been on hold in since 2008.Israel says it's willing to resume, but Abbas says he can't do so unless Israel halts settlement-building on occupied land and recognizes the pre-1967 frontier as a baseline for border talks. International Mideast mediators have called for a quick return to negotiations and a border deal by the end of the year, but have not proposed a way out of the standoff.
After Obama was elected in 2008, some Palestinians were hopeful that he would transform U.S. foreign policy, in part because of his stirring appeal to the Arab and Muslim world to open a new chapter. Obama also said he would make a deal on the terms of Palestinian statehood a priority from the start.Palestinians were disappointed when, several months into his term, Obama backed down from demands that Israel freeze settlement construction and, from a Palestinian perspective, lost more and more ground to Israel's hardline government.I don't think any other administration has gone so far to demonstrate loyalty to Israel, said Hanan Ashrawi, a member of the Abbas delegation at the U.N.People are furious, she said of the mood in the West Bank. The U.S. in public opinion has plummeted. It is the worst it's ever been, not just in Palestine, (but in) the whole Arab world ... This is costing the U.S., this blind allegiance (to Israel), a great deal globally.Israeli Prime Minister Benjamin Netanyahu has said he's serious about negotiating a deal and warned the Palestinians are missing an opportunity by refusing to return to the table. In a declared ideological shift, he has accepted the idea of a Palestinian state, at least in principle.But Abbas believes he can't extract a deal acceptable to the Palestinian public from Netanyahu, who has limited his options by stacking his coalition with nationalists.Some Palestinians argue that rather than just being an ineffective broker, the U.S. is actively promoting Israel's interests.Iyad Saher, 33, a civil servant in Hamas-ruled Gaza, called for a boycott of all things American, from consumer goods to movies, echoing a call by a Facebook group with several thousand supporters. The American people should understand that their government is working against the future of the Americans.The director of a Ramallah-based NGO said he was thankful for the many U.S.-funded aid projects, including schools and roads. Speaking on condition of anonymity, he said he attended Tuesday's reception, but only after the protesters had left. If they saw me entering in they will hate me and look at me as a traitor, when I'm not,he explained.
Associated Press writers Ibrahim Barzak in Gaza and Dalia Nammari in Ramallah contributed reporting.

Sarkozy: Jewish State a Silly Idea-French president Nicolas Sarkozy squarely blames Israel for stalled talks and says the Jewish state's national identity is silly.By Gavriel Queenann First Publish: 10/6/2011, 9:12 PM

According to the oft-controversial French magazine Le Canard Enchaîne, President Nicolas Sarkozy thinks the idea of a Jewish state is silly.It is silly to talk about a Jewish state, Sarkozy said in reference to Prime Minister Binyamin Netanyahu's assertion no true peace could be made until officials in Ramallah accepted Israel's essential Jewish identity.It would be like saying that this table is Catholic, he added. There are two million Arabs in Israel.Sarkozy also placed sole blame for failed negotiations between Israel and PA officials on Netanyahu's shoulders.The US has been asking Abbas for years to come to the negotiating table. He is willing to do it because he is a statesman. Netanyahu, on the other hand, never fails to disappoint us, Sarkozy said.Only now, he announced the construction of 1,100 housing units in the Arab part of Jerusalem.Sarkozy seemed to deem two years of mounting preconditions for negotiations by PA chairman Mahmoud Abbas immaterial to failed talks.Nor did he concede Israel has frozen construction in the disputed territories for 10-months in a bid to bring Abbas to the negotiating table only to find new preconditions existed.The Palestinians have been waiting for a state they deserve for 60 years now, Sarkozy said. Is it not fair that Palestine is recognized by the UN even in an observer status? Sarkozy, whose statements were strongly reminiscent of comments made two weeks ago by former US president Bill Clinton, had previously (like Clinton) presented himself as a staunch ally of Israel.Now, observers say, Sarkozy has removed his mask and made his true face concerning Israel clear.

Op-Ed: Remember the Contents of the Oslo Accords? A Eulogy Published: Thursday, October 06, 2011 9:06 PM

We missed the Oslo anniversary, but It was particularly not convenient to celebrate the dead accords when Mahmoud Abbas came to the UN and put the final nail in its coffin.Steven Shamrak-On September 28th the world was supposed to celebrate, but conveniently forgot that it was the anniversary of the Israeli-Palestinian Interim Agreement, widely known as the Oslo Accords.Three political stooges: Yasser Arafat, Yitzhak Rabin and Shimon Perez, received the Nobel Peace prize for signing this worthless piece of paper, which was based on fake promises made by Yasser Arafat in a letter to then-Prime Minister of Israel, Yitschak Rabin on 9 September, 1993.In this letter Yasser Arafat promised:The PLO considers that the signing of the Declaration of Principles constitutes an historic event, inaugurating a new epoch of peaceful coexistence, free from violence and all other acts which endanger peace and stability. Accordingly, the PLO renounces the use of terrorism and other acts of violence and will assume responsibility over all PLO elements and personnel in order to assure their compliance, prevent violations and discipline violators.It was particularly not convenient to celebrate the dead accords when Mahmoud Abbas came to the UN and put the final nail in its coffin, unilaterally abandoning the principles of negotiation and undermined stability of the peace process.Due to enormous political pressure exhorted on Israel by the Clinton administration to sign the agreement, many parts of it were deliberately written ambiguously to make it open to interpretation.Israel was prepared to allowed limited autonomy to the non-Jewish populations of Judea, Samaria and Gaza, but the PLO was determined to obtain statehood as the first step towards future territorial expansion with the inclusion of the land of Israel and possibly Jordan, as part of Palestine.

Many promises were made, clearly but deceitfully, by Arafat and never delivered:
1. Terror attacks on Israel have never stopped.
2. PA regularly sabotaged negotiations, endangering peace and stability by breaking them and calling for international pressure on Israel.

Arabs respect strong opponents. It is integral to their national makeup.
Terrorists of Fatah, Hamas and other Islamic organisations continued freely conducting their bloody business. Often, the terrorist actions were coordinated by PA to meet its political aim.When the Oslo agreement was signed, several important undertakings were promised by the PLO, but not delivered by Arafat and Abbas:

1. Israel is still not legally recognised by the Palestinian Authority or by any major organisations like PLO or Hamas.
2. The new entity is supposed to be a democracy. After the last election, which Hamas won, Abbas illegally retained control of the PA and the next election is long overdue. Therefore, the current PA leadership is not legitimate nor democratically elected representatives of so-called Palestinians.
3. Article XI,1: The two sides view the West Bank and the Gaza Strip as a single territorial unit - At the moment there are two defacto governing bodies: PA, Fatah controlled, in Judea and Samaria, and Hamas in Gaza.
4. Terrorist attacks on Israel have never stopped. Israel was forced to build a wall around the West Bank to stop suicide bombers, who were mainly recruited by Fatah. Gaza was sealed due to terror attacks instigated by Hamas.
5. Article XXII,2: Israel and the Council will ensure that their respective educational systems contribute to the peace between the Israeli and Palestinian peoples and to peace in the entire region - PA has never stopped anti-Israel propaganda! Martyrdom is glorified in the press and in mosques, kindergartens and schools by both Fatah and Hamas.

The Oslo agreement expired several years ago. It had not brought peace, but exposed lies and treachery.Instead of negotiating peace, the PA regularly walked from the negotiation table in pursuit of hypocritical international support in order to pressure Israel for more concessions, giving nothing in return.This agreement was dead on arrival! It must be viewed by Israel as a lesson, which many terror experts insist on: Never negotiate with terrorists! So-called Palestinian people are the fake nation which was forged by Arabs in 1964 in order to destroy Israel. They are not interested in peace with Israel. They are occupiers of Jewish land! Israel must realise that the only way to resolve the conflict is to utilise self-reliance and determination to end the occupation of Jewish land by Arabs and so-called Palestinians.The painful experience of the peace process has proven one obvious point - Arabs will never have peace with Israel! Israel has done everything possible to accommodate the peace with this terror infested entity. Any other country or nation would not even bother.Therefore, it is time to reclaim our land, transfer enemy population to Sinai or to other numerous Arabs states, those who claim to care so much about poor Palestinians. (Why not them? - In order to have peace, Israel forcibly removed 8,500 Jews from Gaza. It did not stop terror attacks. The PA insists that all Jews must be removed from Judea and Samaria! So why not remove them from Jewish land instead?)

This is the only option Israel has. The alternative is annihilation! Arabs respect strong opponents. It is integral to their national makeup. When Israel demonstrated its military superiority it was respected not just by Arab states, but by most countries, including the Soviet Union.It is time to stop being a little ghetto Jew, end the policy of appeasement of international anti-Semitic bigots who will never be content with Jews, and stand up for our own rights.Palestine is the Eretz-Israel - the Land of Israel! It is the Jewish ancestral land, which was promised to Jews by G-d and even by resolution of the League of Nation in 1922. It is time to take it back!

Nothing Concrete Expected When Quartet Ambassadors Meet OCT 7,11

Ambassadors from the Middle East Quartet (United States, United Nations, European Union and Russia) are scheduled to meet, Sunday, in Brussels. The Associated Press quoted EU spokesman Michael Mann saying, on Friday, The purpose is to review progress and keep up the momentum, with the overall objective of encouraging the parties to return to negotiations.The AP cited an un-named diplomat as saying, We don't expect anything concrete to come out of (Sunday's) meeting.Israel said last week that it accepts the Quartet's invitation to resume talks with the Palestinian Authority (PA). The PA says it won't resume talks unless Israel stops construction and enters talks based on borders in effect before the start of the Six-Day War in 1967.

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 (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,(JORDAN) and the Ishmaelites;(ARABS) of Moab, PALESTINIANS,JORDAN) and the Hagarenes;(EGYPT)
7 Gebal,(HEZZBALLOH,LEBANON) and Ammon,(JORDAN) and Amalek;(SYRIA,ARABS,SINAI) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)

DANIEL 11:40-43
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.

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.

Why Are the Russians Announcing Chinese Espionage Now? Despite its intensive cooperation with China and imminent summit Russia announed the arrest of a Chinese spy.By Amiel Ungar First Publish: 10/7/2011, 5:09 AM

In a curious sense of timing, Russia announced this week that it had been holding a Chinese national for a year on suspicion of trying to get documentation on the Russian S-300 long-range surface-to-air missile system by bribery.The announcement came shortly before Russian Prime Minister Vladimir Putin is to head for China for summit talks with the Chinese leadership.Russia and China collaborated on torpedoing a Western resolution against Syria this week at the Security Council and the twp powers have been the guiding spirit behind the Shanghai cooperation organization in a bid to secure preeminence in Central Asia.If Tun Shenyun's arrest could have been kept quiet for a year, why break the story now? Precisely during the week that recalled the Cold War, it is important to cite that during that same Cold War a rift emerged between the Soviet Union and China.In view of the fact that the countries share a long border, one cannot rule out a reemergence of this competition and rivalry.What brought Russia and China together was their fear of American dominance. If the United States retrenches its global commitments, this could weaken the bonds between Moscow and Beijing.

Russia increasingly views China as a serious competitor in the arms trade, particularly when the Chinese are successful in stealing technology, reverse engineering and copying imported products. A less sophisticated version of the missile system is being manufactured under license in China.By making the arrest and going public the Russians are warning the Chinese that despite the strategic cooperation between the two countries, espionage in Russia by China's Ministry of State Security will not be tolerated.A final reason is that an arrest over charges of technology theft represents an indirect compliment to Russian technological prowess. One Russian official commented on the arrest by claiming that China would not engage in the usual tit for tat retaliation.And it will be hard for them to find a Russian who is spying on the Chinese military because they steal our secrets, not the other way around. As Russia is increasingly sensitive about being eclipsed by China, such sentiments constituted a balm to Russian pride.Alexander Gurov, a member of the Duma security committee, claims that the various espionage attempts to steal Russian technology gives the lie to charges in the Western media about a decline in the Russian military and outdated weapons in the Russian army.Some of these reports were fueled by criticism of Russian military industries by President Dmitry Medvedev, who in some cases even exhorted the Russian military to import the hardware that it needed.All these attempts by the so-called spies show that not everything is bad in Russia, although the West is trying to create a bad image of the country, Gurov said.

FAMINE

REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)

FAMINE

MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.

MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom: and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

Drought-stricken Pacific islands down to last few days of water ReutersBy Gyles Beckford | Reuters – OCT 7,11

WELLINGTON (Reuters) - A drought-stricken Pacific island nation is down to its last few days of water, prompting a mercy dash by New Zealand and Australia with water-making equipment.Tuvalu, the world's fourth-smallest nation sitting just below the Equator, has declared a state of emergency and is rationing water.Tuvalu has a collective land mass of just 25 sq km (10 square miles) with its highest point five meters above sea level and is one of the countries most vulnerable to climate change and rising oceans.Air force planes from New Zealand and Australia were combining on Friday to move a large desalination plant to Tuvalu, a group of small islands around 3,180 km (2,000 miles) northeast of New Zealand.The advice is that more capacity is needed to relieve the acute water shortage and replenish stocks, said New Zealand Foreign Minister Murray McCully in a statement.The large army desalination equipment...will help ease the critical shortage and should provide a sufficient buffer if the dry period continues as expected.Residents in the capital Funafuti have been rationed to two buckets of fresh water a day. The country has a population of fewer than 11,000 on nine low lying atolls.

Emergency water supplies have also been shipped to the Tokelau island group, where 1,300 people are down to a few days water because of drought.Rain, which supplies much of the water for the two nations, has been well below average for the past six months because of a severe La Nina weather pattern.That has increased the strength of eastern trade winds across the Pacific, pushing rainfall to the west and away from the islands.(Writing by Gyles Beckford; Editing by Nick Macfie)

Thursday, October 06, 2011

EU TELLS CANADA - TO PUT ON HIGHER POLLUTION PRICE.

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-10 WORLD REGIONS) 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).

Silent majority backs economic government of Europe
Today OCT 5,11 @ 09:16 By Honor Mahony


The European Commission believes it is backed by a silent majority in favour of its push for further EU integration and potential future role as the economic government of Europe.According to Johannes Laitenberger, head of cabinet to the European Commission president, the commission has more allies in its bid to re-assume control of the eurozone debt crisis - currently managed in a piecemeal fashion by member states - than is apparent at first sight.The first and best ally that we have in all of this is the silent majority who too often is drowned out by a very vocal minority of sceptics and critics but which is much more solid than we care to think, Laitenberger said Tuesday (4 October) at an event organised by the European Policy Centre.I am very confident that there are enough people, enough institutions, enough forces, that can be mobilised. You sense that the tide is turning. Many people who at the beginning of the discussion did not raise their voices are more forceful, more decisive and saying more clearly what needs to be done.Laitenberger's assessment comes just days after European Commission President Jose Manuel Barroso strongly criticised the handling of the eurozone debt crisis by member states, whose foot-dragging eleventh-hour decision making is widely seen as having exascerbated the single currency's woes.

While conceding the seriousness of the eurozone's crisis which has seen three countries bailed out, the German official believes it only serves to underline how important it is to pool decision-making among member states.We are used to having the most vigorous, the most controversial, debates on existential questions at the national level. The moment it comes to the European level, there is a little bit the shiver down the spine and we attempt to see it as a fatal flaw if the process here is a little more complex than at the national level.The strength of the process is that an agreement is then reached, he says, noting that if the intergovernmental method worked then we would not have needed to invent the community method.Expanding on what the commission means by economic governance - a nebulous phrase often defined by the user of the moment - Laitenberger said it implied different levels of work.These include ensuring coherence between the 17 countries in the eurozone and the ten outside it, with frictions already arising about who should be in the room when wide-ranging decisions are being taken.The commission also sees as its task to manage the debate between maintaining stability and responsibility as well as growth and solidarity - this touches on the central debate in northern European states who want more ailing eurozone countries to undertake tough reforms in return for loans.
It is also keen to make use of new tools allowing it more say in correcting macroeconomic imbalances between member states as well as the strengthen rules underpinning the single currency making it easier to punish misbehaving governments.
All of this has to be brought together into an architecture where the different parts really add up to [support] each another,said Laitenberger in reference to the commission's immediate work agenda.

AND YOU DON'T THINK THE EU HAS WORLD DOMINATION ALREADY.TELLING US IN CANADA HOW MANY EMISSIONS WE CAN USE.IN OUR TAR SANDS IN CALGARY.

I VOTED PC A WEEK AGO IN PRE VOTING.NO LIBERALS OR NDP PLEASE OR BLOCS.

EU to put higher pollution price on tar sands
Today OCT 5,11 @ 09:24 By Valentina Pop


The European Commission on Tuesday (4 October) proposed that oil derived from tar sands be given a higher greenhouse-gas emission value, a move slammed as unjustified and discriminatory by Canada, the world's largest producer of this fossil fuel.After more than a year of internal wrangling and amid strong lobbying from the oil industry and the Canadian government, the 27 EU commissioners agreed to qualify tar sands as a quarter more CO2 polluting than crude oil. The draft bill still needs approval of the EU legislature and member states and will require suppliers to reduce transport-fuel carbon emissions.With this measure, we are sending a clear signal to fossil-fuel suppliers. As fossil fuels will be a reality in the foreseeable future, it’s important to give them the right value, EU climate commissioner Connie Hedegaard said after the decision was approved. The Danish politician managed to overcome resistance from her German colleague, in charge of energy policy, who had adopted a more industry-favourable line.But the move is likely to complicate EU-Canadian talks on a free trade agreement that should have been sealed later this year.

Canada's natural resources minister, Joe Oliver, on Tuesday said his government may take the EU to the World Trade Organisation panel.Should the European Union implement unjustified measures that discriminate against the oil sands, we won’t hesitate to defend our interests, he said.They are doing it believing, apparently, that there is no downside, Oliver added. He explained that in Canada's view there is no scientific justification for labelling oil-sands-derived fuel as more polluting than crude oil.We don’t like the potential stigmatisation and we don’t think it is justified.And Europe is discriminating against a type of oil of which it imports very little, whereas crude from Russia and Nigeria is labelled as less polluting, because the bloc is importing more of this than of Canadian tar sands-extracted fuel.

David Plunkett, ambassador-designate of Canada to the EU also said the draft law would unfairly discriminate against Canadian oil.Oil sands crude has similar greenhouse gas emissions to many other crude oils imported by Europe, he said in an emailed statement, adding that in the last 20 years, greenhouse gas emissions per barrel of oil sands were reduced by 29 percent. Plunkett denied, however, that the bill would impact EU-Canada free trade negotiations.Canada's concerned by the domino-effect that this ruling may trigger around the world as other jurisdictions take a lead from the EU, rather than its actual exports to Europe, which are insignificant. Lawmakers in the US may look at the European bill and replicate it, which would deliver a major blow to Canada's oil industry. The US Congress will decide this year whether to allow a planned pipeline carrying crude oil extracted from the tar sands of Alberta to refineries on the US Gulf of Mexico.Green groups applauded the move, however.Tar sands extraction is a very dirty business for the climate, polluting rivers, lacing the air with toxins and turning forests into wasteland. Despite coming under intense pressure from oil lobbyists and Canada, the commission is doing the right thing by wanting to keep tar sands out of Europe to protect the climate, Greenpeace campaigner Franziska Achterberg said in a statement.Members of all political parties in the European Parliament also welcomed the fact that the commission resisted to pressure from the industry and Canada. I hope member states will do the right thing and not cave into delaying tactics in the form of a Canadian compromise which is rumoured to be proposed by some member states,said British Labour MEP Linda McAvan.

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,(WORLD SOCIALISM) 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/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS THU OCTOBER 06,2011

09:30 AM -2.43
10:00 AM -80.69
10:30 AM +30.27
11:00 AM +15.67
11:30 AM +24.98
12:00 PM +85.67
12:30 PM +94.57
01:00 PM +77.95
01:30 PM +99.33
02:00 PM +110.25
02:30 PM +100.34
03:00 PM +80.70
03:30 PM +120.10
04:00 PM +183.38 11,123.33

S&P 500 1164.99 +20.94

NASDAQ 2506.82 +46.31

GOLD 1,651.60 +10.00

OIL 82.54 +2.86

TSE 300 11,780.10 +322.90

CDNX 1480.19 +66.54

S&P/TSX/60 677.13 +18.27

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -16 points at 4 minutes of trading today.
Dow -80 points at low today.
Dow +31 points at high today so far.
GOLD opens at $1,644.20.OIL opens at $79.44 today.

AFTERNOON,NEWS,STATS
Dow -80 points at low today so far.
Dow +131 points at high today so far.

WRAPUP,NEWS,STATS
Dow -80 points at low today.
Dow +183 points at high today.

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

NATURAL GAS THURSDAYS +97 BILLION CUBIC FEET

Italian rating hit by Moody’s downgrade
Today OCT 5,11 @ 09:18 By Leigh Phillips


In a move that ratchets up the pressure on EU leaders to work faster to resolve the eurozone’s banking and sovereign debt crisis, Moody’s Investors Service on Tuesday (4 October) knocked down Italy’s credit rating by three notches.Substantial further downgrades are still on the cards (Photo: Alessandro Marotta)While Prime Minister Silvio Berlusconi dismissed the downgrade as expected, the move was motivated by concerns that the country was burdened with political and economic uncertainties.The negative outlook reflects ongoing economic and financial risks in Italy and in the euro area, the ratings agency said.The uncertain market environment and the risk of further deterioration in investor sentiment could constrain the country's access to the public debt markets,continued the assessment by the firm.The downgrade, three notches down from Aa2 to A2, also follows on from a similar move by Standard & Poor’s, a rival credit ratings agency, which slashed the ratings on Italian government bonds by one notch to A with a negative outlook on 19 September.The Moody’s assessment also places the country on a negative outlook, which leaves the country at risk for yet further downgrades.The consensus adjustment in the country’s credit rating now appears to put Italy firmly in the category of peripheral eurozone states in danger of losing access to credit and no longer a core country merely infected by contagion from Greece and its fellow bail-out countries.Although the country has a low budget deficit, its debt is now up to €1.9 trillion, or 120 percent of GDP, but, crucially, Italy has long been mired in a low-growth trap.

Fitch, another ratings agency, on Monday slashed its growth estimates for the country for 2012 from one percent down to 0.2 percent and for 2013 from 1.6 percent down to 0.6 percent. The firm warned that austerity and tax hikes were pulling down growth prospects.Implementing a stricter austerity package which includes a one percent VAT rise, a three percent tax on the highest incomes and several government spending cuts will have a negative effect on private consumption and medium-term investment,the agency said in a statement.The Moody’s downgrade also reflected concerns over the government’s ability to push through structural adjustment.Having endorsed a fresh austerity package worth some €54 billion last month, Rome is battling divisions in the governing coalition over the introduction of new measures liberalising the economy that were supposed to have been unveiled by the end of last month and few details have been made public.The prime minister, Silvio Berlusconi, himself is distracted by three different court cases.He immediately dismissed the downgrade, saying that Italy intends to balance its budget by 2013 and that the ratings cut had been in the works since Moody’s said on 17 September it was reviewing the country’s standing with a view to a possible cut.However, in an ominous warning to the country, the agency said that Italy was on track for ratings cuts to substantially lower rating levels.

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 11:21-23
21 And in his estate shall stand up a vile person, to whom they shall not give the honour of the kingdom: but he shall come in peaceably, and obtain the kingdom by flatteries.
23 And after the league made with him he shall work deceitfully: for he shall come up, and shall become strong with a small people.
24 He shall enter peaceably even upon the fattest places of the province; and he shall do that which his fathers have not done, nor his fathers' fathers; he shall scatter among them the prey, and spoil, and riches: yea, and he shall forecast his devices against the strong holds, even for a time.

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.

JEREMIAH 6:14
14 They have healed also the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.

JEREMIAH 8:11
11 For they have healed the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.

1 THESSALONIANS 5:3
3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.

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.

http://www.israelnationalnews.com/News/News.aspx/148511#.TozoznLw04o
PA Seeking to Amend Paris Agreement-Accusing Israel of using economic pressure as political blackmail,PA officials are seeking to amend the Paris Agreement on funds. By Gavriel Queenann First Publish: 10/5/2011, 8:17 PM


Officials in Ramallah on Tuesday tacitly admitted their claims the Palestinian Authority would provide a solvent state for residents in its enclaves without US aid or Israeli cooperation were false.With international donors reneging on aid pledges the cash-strapped PA has been unable to pay its salaries and bills, a situation now acute amid repercussions stemming from PA chairman Mahmoud Abbas' insistence on seeking a unilateral declaration of statehood outside the Oslo framework at the United Nations.The freeze of a bloc of $200 million in aid dollars by US lawmakers and commensurate freeze in tax credit transfers by Israel has infuriated the PA who says Israel is resorting to political blackmail and now wants to amend the Paris Agreement which stipulates funding provisions for the PA.President Mahmoud Abbas or the PLO will shortly issue a decree to set up a national committee of experts to review the Paris Agreement and assign another committee to negotiate an amendment to this agreement, Palestinian Economic Expert Nasr Abdul Karim, told Gulf News.The Israelis need to differentiate between political and economic issues, the Paris Agreement is no longer practical for the Palestinians, he stressed.The Paris Agreement, however, operates under the aegis of the Olso Accords, which both Israeli and PA officials have threatened to scrap in recent months amid the growing row over the PA bid at the UN - a direct violation of the Oslo Accords' proscription on unilateral moves by either party.

Additionally, observers note Israeli displeasure with Abbas' antics at the world body - also described as political blackmail and a propaganda stunt by officials in Tel Aviv - makes amending the Paris Agreement highly unlikely.Nor, observers say, does Israel have any incentive to sacrifice a powerful bargaining chip it can use to force PA officials back to the negotiating table.

Abbas Advancing Israeli Plots'-A senior Iranian lawmaker has accused PA chairman Mahmoud Abbas of advancing Israel's plots to curb Intifada and the Arab Spring.By Gavriel Queenann First Publish: 10/5/2011, 9:15 PM

Is Palestinian Authority chairman Mahmoud Abbas a Zionist quisling? Senior Iranian legislator Seyed Mohammad Javad Abtahi said Wednesday the answer was yes when he accused Abbas of advancing Israel's plots to disintigrate the PA and undermine the so-called Arab Spring.The game Abbas has started is a part of Israelis' plots to curb Intifada and undermine the Islamic countries' uprisings and awakening,Abtahi told Iran's semi-official Fars news agency.He rejected Abbas's commitment to a two-state solution, which he said were intended to disintegrate the PA, and said any negotiations or compromise on Palestine was totally unacceptable.Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei on Saturday also rejected a two-state solution to the Mideast conflict, calling instead for a unilateral Palestinian referendum to decide the future of Israel.We neither propose dumping the migrant Jews in the sea nor the UN arbitration, rather our proposal includes a referendum to be participated by all Palestinians,Khamenei said.Today the West is standing on a crossroad and it should either leave its age-old bullying and recognize the rights of the Palestinians or wait for harder blows in the near future,Khameini added.

I'LL GIVE YOU 12,000 (ROCKETS FIRED INTO ISRAEL SINCE 2005)REASONS WHY THE ARABS SHOULD BE CHECKED MORE THOROUGHLY AT AIRPORTS,OR SHOULD I SAY PIECE BY PIECE THE ISRAELIS ARE KILLED BY ARABS.
http://www.israelnationalnews.com/News/News.aspx/148498#.Tozr1nLw04o

High Court: Why Check Arabs More Thoroughly at Airport?-Nation's supreme judges are surprised to learn that Arabs are treated with more suspicion at Ben Gurion Airport.By Gil Ronen First Publish: 10/6/2011, 12:09 AM

The judges of the High Court for Justice repeatedly asked the State's representatives in a hearing Wednesday why Arabs are checked more thoroughly at Ben Gurion Airport than non-Arabs. The State representatives failed to answer the question in a way that satisfied the judges.The State's attorneys told the court that 0.5% of the country's population undergo more stringent checks than others at the airport. Court President Dorit Beinisch was shocked. She asked: Is the population divided into two categories? Are there two kinds of citizens in the security check? In the course of the session, Beinisch agreed to let the State attorneys show her classified material regarding changes made in the security check setup, ex parte. The Court decided to postpone its decision regarding the case.

Attorney Awni Bana, who represented the ultra-leftist Association for Civil Rights in Israel along with Advocate Dan Yakir, said after the session: The court took seriously the central claim we made in the motion, that the subject is not how the more intensive security check in conducted, but the very labeling of an entire populace as dangerous.Bana added that to this day, the Court has never given its approval to policies that discriminate between citizens, because of a security risk that stems from their nationality. The questions that the motion raises place before the Court a question of principle: is the State allowed to attach a high danger label to a group within its citizens, not because of concrete and tangible danger and suspicions regarding all its members, but solely because of the group's national-ethnic origin. We hope the Court does not create a precedent in this case.Yakir added that the invisibility of the security check that the Arab passengers undergo may be less humiliating, but this does not console them. Their very labeling is what is humiliating.

Police, IDF Destroy Jewish Outpost-State carries out demolition at Givat Gal Yosef, near Shilo. MK Ben Ari slams Netanyahu, Barak.By Gil Ronen First Publish: 10/5/2011, 10:59 PM

Forces from the Israel Police and IDF Civil Administration raided the outpost of Givat Gal Yosef, not far from Shilo in the Binyamin region north of Jerusalem, Wednesday evening.Jewish residents were not caught by complete surprise, as large forces had been seen leaving the Shaar Binyamin police station in the direction of Hizme and other junctions in the Binyamin area.These forces were apparently put in place in order to prevent Jewish reinforcements from joining the residents of Givat Gal Yosef and making the demolition more difficult.MK Michael Ben Ari (National Union) reacted to the destruction and said that it is too bad that on the eve of Yom Kippur, Netanyahu and Barak are sowing destruction and creating tension of the ground.The Chairman of the Jewish Home, Minister Daniel Hershkovitz, conducted a joint tour of Beit El and the neighborhood of Givat Assaf Tuesday, together with National Union Chairman MK Yaakov Katz (Ketzaleh).Hershkovitz voiced hope that Givat Assaf would not be razed. The Jewish Home has many red lines as regards remaining in the coalition, he contended.

INVENTION OF THE ATOMIC BOMB.

2 PETER 3:10-11
10 But the day of the Lord will come as a thief in the night; in the which the heavens shall pass away with a great noise, and the elements shall melt with fervent heat, the earth also and the works that are therein shall be burned up.
11 Seeing then that all these things shall be dissolved, what manner of persons ought ye to be in all holy conversation and godliness,

NUCLEAR WEAPONS WILL BE USED.

PSALMS 97:3
3 A fire goeth before him, and burneth up his enemies round about.

PSALMS 75:8
8 For in the hand of the LORD there is a cup, and the wine is red; it is full of mixture; and he poureth out of the same: but the dregs thereof, all the wicked of the earth shall wring them out, and drink them.

REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)

ISAIAH 66:15-18
15 For, behold, the LORD will come with fire, and with his chariots like a whirlwind, to render his anger with fury, and his rebuke with flames of fire.
16 For by fire and by his sword will the LORD plead with all flesh: and the slain of the LORD shall be many.
17 They that sanctify themselves, and purify themselves in the gardens behind one tree in the midst, eating swine's flesh, and the abomination, and the mouse, shall be consumed together, saith the LORD.
18 For I know their works and their thoughts: it shall come, that I will gather all nations and tongues; and they shall come, and see my glory.

ISAIAH 26:21
21 For, behold, the LORD cometh out of his place to punish the inhabitants of the earth for their iniquity: the earth also shall disclose her blood, and shall no more cover her slain.(WW3,1/2 earths population die).

ISAIAH 13:6-13 KJV
6 Howl ye; for the day of the LORD is at hand; it shall come as a destruction from the Almighty.
7 Therefore shall all hands be faint, and every man's heart shall melt:(FROM FRIGHT)
8 And they shall be afraid: pangs and sorrows shall take hold of them; they shall be in pain as a woman that travaileth: they shall be amazed one at another; their faces shall be as flames.
9 Behold, the day of the LORD cometh, cruel both with wrath and fierce anger, to lay the land desolate: and he shall destroy the sinners thereof out of it.
10 For the stars of heaven and the constellations thereof shall not give their light: the sun shall be darkened in his going forth, and the moon shall not cause her light to shine.
11 And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
12 I will make a man more precious than fine gold; even a man than the golden wedge of Ophir.
13 Therefore I will shake the heavens, and the earth shall remove out of her place, in the wrath of the LORD of hosts, and in the day of his fierce anger.

ISAIAH 24:17-23 KJV
17 Fear, and the pit, and the snare, are upon thee, O inhabitant of the earth.
18 And it shall come to pass, that he who fleeth from the noise of the fear shall fall into the pit; and he that cometh up out of the midst of the pit shall be taken in the snare: for the windows from on high are open, and the foundations of the earth do shake.
19 The earth is utterly broken down, the earth is clean dissolved, the earth is moved exceedingly.
20 The earth shall reel to and fro like a drunkard, and shall be removed like a cottage; and the transgression thereof shall be heavy upon it; and it shall fall, and not rise again.
21 And it shall come to pass in that day, that the LORD shall punish the host of the high ones that are on high, and the kings of the earth upon the earth.
22 And they shall be gathered together, as prisoners are gathered in the pit, and shall be shut up in the prison, and after many days shall they be visited.
23 Then the moon shall be confounded, and the sun ashamed, when the LORD of hosts shall reign in mount Zion, and in Jerusalem, and before his ancients gloriously.

2 TIMOTHY 3:1
1 This know also, that in the last days perilous (DANGEROUS) times shall come.

JOEL 2:3,30
3 A fire devoureth before them; 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.
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.

ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth.
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.(1/2-3 BILLION DIE IN WW3)

EZEKIEL 20:47
47 And say to the forest of the south, Hear the word of the LORD; Thus saith the Lord GOD; Behold, I will kindle a fire in thee, and it shall devour every green tree in thee, and every dry tree: the flaming flame shall not be quenched, and all faces from the south to the north shall be burned therein.

ZEPHANIAH 1:18
18 Neither their silver nor their gold shall be able to deliver them in the day of the LORD'S wrath; but the whole land shall be devoured by the fire of his jealousy: for he shall make even a speedy riddance of all them that dwell in the land.

MALACHI 4:1
1 For, behold, the day cometh, that shall burn as an oven; and all the proud, yea, and all that do wickedly, shall be stubble: and the day that cometh shall burn them up, saith the LORD of hosts, that it shall leave them neither root nor branch.

REVELATION 8:7
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.

REVELATION 9:18
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.

HALF OF EARTHS POPULATION DIE DURING THE 7 YR TRIBULATION.(THESE VERSES ARE JUDGEMENT SCRIPTURES NOT RAPTURE SCRIPTURES)

LUKE 17:34-37
34 I tell you, in that night there shall be two men in one bed; the one shall be taken, and the other shall be left.
35 Two women shall be grinding together; the one shall be taken, and the other left.
36 Two men shall be in the field; the one shall be taken, and the other left.
37 And they answered and said unto him, Where, Lord? And he said unto them, Wheresoever the body is, thither will the eagles be gathered together.(Christians have new bodies,this is the people against Jerusalem during the 7 yr treaty)(Christians bodies are not being eaten by the birds).

MATTHEW 24:37-51
37 But as the days of Noe were, so shall also the coming of the Son of man be.
38 For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noe entered into the ark,
39 And knew not until the flood came, and took them all away; so shall also the coming of the Son of man be.
40 Then shall two be in the field; the one shall be taken, and the other left.
41 Two women shall be grinding at the mill; the one shall be taken, and the other left.
42 Watch therefore: for ye know not what hour your Lord doth come.
43 But know this, that if the goodman of the house had known in what watch the thief would come, he would have watched, and would not have suffered his house to be broken up.
44 Therefore be ye also ready: for in such an hour as ye think not the Son of man cometh.
45 Who then is a faithful and wise servant, whom his lord hath made ruler over his household, to give them meat in due season?
46 Blessed is that servant, whom his lord when he cometh shall find so doing.
47 Verily I say unto you, That he shall make him ruler over all his goods.
48 But and if that evil servant shall say in his heart, My lord delayeth his coming;
49 And shall begin to smite his fellowservants, and to eat and drink with the drunken;
50 The lord of that servant shall come in a day when he looketh not for him, and in an hour that he is not aware of,
51 And shall cut him asunder, and appoint him his portion with the hypocrites: there shall be weeping and gnashing of teeth.

GOD IS GONNA PROTECT ISRAEL WITH THESE NUKES DURING THE 7 YEAR TRIBULATON PERIOD OF DANIEL 9:27 SO THERES NO HOGWASH,PIGS BLOOD HANKY PANKY COMING FROM RUSSIA--MUSLIM NATIONS.OR THE PIGS BLOOD THROWN ON THE MUSLIMS WILL CONTAMINATE THE RUSSIA-MUSLIMS THAT TRY TO DESTROY ISRAEL.FOR ONES WHO DON'T KNOW TOUCHING PIGS BLOOD BY AN ARAB-MUSLIM IS AN ABOMINATION.AND IT POLLUTES THEM.

Erdogan: Israel a Nuclear Threat to Mideast-Turkish prime minister accuses Israel of being a nuclear threat to the Mideast; claims Israeli towns have not been bombarded by Hamas.By Gavriel Queenann First Publish: 10/5/2011, 7:43 PM

Turkish Prime Minister Recep Tayyip Erdogan said Wednesday that Israel is a threat to the Mideast because it possesses nuclear weapons, AFP reports.I right now see Israel as a threat for its region, because it has the atomic bomb, Erdogan said in a foreign policy speech during an official visit to South Africa.He also accused Israel of committing state terrorism.Israel maintains a policy of nuclear ambiguity and has never officially admitted to having a nuclear arsenal. Nor, observers note, if Israel does possess nuclear weapons, did it employ them even in the darkest hours of the 1973 Yom Kippur War.Turkey downgraded relations with one-time ally Israel amid a fit of pique over conclusions of the UN Palmer Report, which concluded Israel's blockade of Gaza is legal and appropriate, with Ankara saying Israel's willingness to express regret for the deaths of Turkish nationals during the 2010 Mavi Marmara incident was insufficient.During the 31 May 2010 incidents Turkish agitators aboard the Mavi Marmara attempted to lynch Israeli naval commandoes who boarded the vessel. When less-than-lethal weapons proved insufficient to stop the threat the commandoes switched to live fire, killing 9.

Last month, Turkey expelled the Israeli ambassador and froze military ties and defense trade deals. Ankara has also threatened to send warships to escort any Turkish vessels trying to reach Hamas-ruled Gaza.I have asked many Israeli officials, how many Israelis, have been killed by rockets launched from Gaza and Palestine. I could not get an answer, Erdogan told his audience.Yet tens of thousands of Palestinians have been killed from bombs that have rained down on them from Israel.You sleep at night peacefully and secure, he said. Yet Palestinians can't find a single trace of peace in Palestine.Statistics for the number of rockets and mortars fired at Israeli communities in southern Israel – as well as injuries and causalities resulting there from – are released monthly to the public via the Internet by Israel's Foreign Ministry, the Shin Bet, and private advocacy groups.

Wednesday, October 05, 2011

PUTIN UNVEILS COUNTER-EU OPTION FOR POST SOVIET STATES

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S&P Futures, MS CDS, And MS Bonds Tyler Durden's picture Submitted by Tyler Durden on 10/05/2011 08:44 -0400
Via Peter Tchir of TF Market Advisors-ZEROHEDGE

What do MS CDS and S&P Futures have in common? Everything AND Nothing.MS CDS and ES (E-mini S&P Futures) are clearly correlated. As MS CDS tightens, S&P futures rally, and vice versa. That is pretty clear. They are also the two most talked about things all day long lately. That is where the differences become blatantly obvious.
ES trades from 6 pm on Sunday until 4:15 Friday virtually continuously. It is global and the price is constantly known, and you can see the depth of the market at any given time. ES has been trading about 3.1 million contracts a day. Each contract represents an exposure of $56,112.50. That is a notional volume of about $175 billion. Yesterday, ES hit a low of 1068 and a high of 1119, about a 4.5% range. With volumes of $175 billion and huge swings, there must have been massive demand for counterparty protection? As far as I know, CDS on CME does not trade. I’m not sure anyone has ever asked for CME CDS and it isn’t in the DTCC list of top 1000 Reference Entities.Now look at MS CDS? No one even knows how much traded yesterday. No one knows what the volumes were on the way up or on the way down. I am guessing that about 50-100 trades occurred in the entire market yesterday. It is just a guess from a couple of volume numbers I did get. Given the volatility, a bunch of the trades were probably for $5 million instead of the standard $10 million. At the low end of the range, 50 trades at $5 million, volumes would have been $250 million. At the other end it could have been as high as $1 billion. Realistically the number was probably right around $500 million. Yesterday, in one of the busiest days ever, MS stock had volumes of 76 million shares. Assuming the average trade price was 12.50 that is a volume of $950 million. So for all the talk about how illiquid or thinly traded the CDS market is, the volumes are meaningful compared to stock volumes. It would be nice to know the exact numbers, and it would probably be helpful, but that is something the regulators have decided isn’t necessary for functioning markets. Until the regulators get their act together, we will have to just work on best guesses, and yesterday the volumes were probably about 3:1 stocks vs CDS, which I don’t think that is a particularly abnormal ratio.

For all the complaints about how such a low volume market like CDS can push the stocks, it is worth comparing to the bonds. It looks like MS has about $187 billion of debt outstanding. According to TRACE data, there were 201 trades totaling $687 million. Not bad until you examine how TRACE reporting works. The most active bond was the MS 5.5% of 2021, the benchmark 10 year. If a dealer buys from a client, sells to another dealer in the street through an intra-dealer broker, who finds a client to sell to, that counts as 4 trades. So one real trade, where the bond goes from one client to another generates 4 trades, each with a little bit of P&L if all is working correctly for the banks. Since every buy and sell is accounted no matter what, and the interdealer trades add even more, the right volume number is somewhere between 50% and 25% of the stated volume. That gets real volumes to around $300 million as a good estimate. At the lower end of the range of estimated CDS volumes. But at least with the bonds, you could download all the data and filter out the D trades, which are dealer to dealer, and adjust for double counting of B and S trades. Again, why isn’t that available for CDS? TRACE even lets you see what price bonds traded at. If anything, it only confirms that bonds were moving similarly to CDS and that they have similar volumes. Why have regulators been so insistent on making some transparency in the bond markets available but have done nothing to push CDS into the public domain in spite of the obvious impact on individual stocks and bonds, and even broader markets? I don’t know. It cannot be that they believe that CDS shouldn’t be available, and it shouldn’t be because it is too complicated – it isn’t much more complicated than stock or treasury futures, all of which are extremely liquid and transparent.

The other big talking point is that CDS is being driven by investors hedging counterparty risk. That I am willing to believe plays a role in this whole move. I have written repeatedly that the financials and counterparty risk are extremely correlated and can create negative feedback loops. As CDS widens, clients who have bought protection are in the money. If the spread widening that they are profiting from is name specific and non systematic, then they don’t really care much about the counterparty risk since the bank they are facing is fine. They do care when they are profiting from a move wider in financial spreads, and the counterparty that owes them more money by the day is seeing its spread widen as well. That creates the need to hedge the counterparty risk. Either that, or accept collateral from the bank. The collateral idea doesn’t work because most hedge funds aren’t set up to manage collateral, and banks are extremely reluctant to provide collateral to a hedge fund.So we are left with the status quo, that as bank spreads widen, systematic risk fears increase. Investors start talking about the possibility of a daisy chain of defaults. Clients rush to hedge counterparty risk. Traders short banks in expectation that someone will come in to hedge counterparty risk. The banks have fought clearing and exchanges, so it really does serve them right. So greedy to keep the market opaque and keep boutiques away from this revenue stream that they have once again set up the potential for bear runs. After Bear Stearns this should have been fixed, but wasn’t. After Lehman it should have been fixed, but wasn’t. If we make it through this crisis, it likely won’t be fixed. For the safety of the system, and to reduce systematic risk, and to eliminate inane talk of daisy chain counterparty defaults, these trades need to be cleared. It works for stock futures which are more volatile, it should work for CDS. The ironic thing is that the best dealers would figure out how to make money in the new system. It wouldn’t exactly be the same way they make money today, but they would adapt and be successful.I have to admit that I am sick of listening to talk about MS CDS when so much of the conversation addresses issues like volumes, liquidity, transparency, depth, counterparty risk, etc., when all of those issues could be, and should have been, addressed by regulators. The focus should be on whether or not there is value in MS credit at these prices/spreads not whether the prices/spreads are merely an illusion. I suspect that if we had all the same transparency that exists for stocks, MS CDS and bond spreads would be exactly the same as they are now, but at least we could be focused on the real problems and issues at MS.

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,(WORLD SOCIALISM) 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/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS WED OCTOBER 05,2011

09:30 AM -3.43
10:00 AM -50.31
10:30 AM -12.00
11:00 AM +50.41
11:30 AM +63.65
12:00 PM +53.89
12:30 PM +1.10
01:00 PM +17.41
01:30 PM +40.27
02:00 PM +86.74
02:30 PM +95.25
03:00 PM +86.59
03:30 PM +68.34
04:00 PM +131.24 10,939.95

S&P 500 1144.04 +20.09

NASDAQ 2460.51 +55.83

GOLD 1,640.30 +34.20

OIL 79.64 +4.12

TSE 300 11,457.20 +279.34

CDNX 1413.65 +80.31

S&P/TSX/60 658.86 +16.52

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -31 points at 4 minutes of trading today.
Dow -52 points at low today.
Dow +7 points at high today so far.
GOLD opens at $1,623.00.OIL opens at $77.55 today.

AFTERNOON,NEWS,STATS
Dow -52 points at low today so far.
Dow +87 points at high today so far.

WRAPUP,NEWS,STATS
Dow -52 points at low today.
Dow +131 points at high today.

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

CRUDE OIL -4.68 MILLION BARRELS
GASOLINE -1.1 MILLION BARRELS
DISTILLATE INVENTORIES -744,000 BARRELS

Eurozone chiefs: Greece can wait till November
Today SEPT 5,11 @ 09:28 By Leigh Phillips


Eurozone finance ministers have kicked down a decision on the delivery of Greece’s latest tranche of bail-out cash, saying that the country can wait until November.At the end of a seven-hour meeting in Luxembourg that bled into early Tuesday (4 October), the economy chiefs stressed that they will not let Greece default, but that the country must work further on its structural adjustment and privatisations.
We had no one advocating a default for Greece. Everything will be done to avoid that and it will be avoided,Jean-Claude Juncker, the chair of the eurogroup of states, said after the meeting.The countries that employ the single currency will make a decision on handing over €8 billion in eurozone and IMF cash some time in October, he said, while the Belgian finance minister said that Athens has until mid-November before it runs out of cash.Greece told us that the funds will have to be made available during the second week of November. We reviewed the Greek plan and we will now wait for the final report from the troika since we have time to decide,Belgian finance minister Didier Reynders told reporters.Until now, Greece has maintained that it would begin to be unable to pay its bills around the middle of October.

Juncker also hinted that private sector investors may have to up their expected haircut on the Greek debt they hold, in line with the demands of Germany but opposed by France out of fears for its banks, which are highly exposed to debt from the Hellenic Republic.In July, eurozone leaders backed 21 percent write-downs on Greek bonds as part of a plan cobbled together by the International Institute for Finance, the global association of financial institutions. Berlin however has come round to the notion that Greece is simply unable to pay off the scale of its debts and that a more substantial haircut is necessary to prevent a disorderly default.The ministers for the first time also moved into discussions over a possible massive expansion of the firepower of the European Financial Stability Fund. It is understood that options on the table include leveraging the rescue fund via the European Central Bank in a way that would not require endorsement by the parliaments of all 17 eurozone member states, an arduous process not in keeping with the schedule demanded by markets for crisis response.We need a more flexible and powerful EFSF as a financial firewall to contain contagion,said Rehn, although none of the economy officials at the meeting would offer any further details than what is already the subject of speculation in the media.However, in one major breakthrough, the eurozone chiefs finally managed to resolve the issue of Finland’s demand for collateral from Greece in return for its participation in the bail-out.The ministers found a solution that still allows the country its collateral, but makes the terms so onerous that it is highly unlikely any other eurozone state will go down the same path.Finland must make a payment of €1.4 billion to the permanent eurozone rescue fund to be set up in 2013, the European Stability Mechanism, while other states only need to deliver their sums over the course of five years. Helsinki will also receive a lower interest rate on its loans compared to the other states.

Unrest spreads to military as retired Greek officers storm defence ministry 04.10.11 @ 16:55 By Leigh Phillips

The Greek armed forces now appear to be entering the political and street-level debate in the country over EU- and IMF-imposed austerity, with a group of retired Greek officers storming the defence ministry and the armed forces’ professional organisation issuing a stern warning to the government that the military’s confidence in the intentions of the state regarding their pensions has been shaken.
The Greek military professional association has warned the government its confidence has been shaken (Photo: EUobserver)Hundreds of retired Greek officers furious at EU-IMF-imposed cuts to their pensions invaded the Ministry of Defence on Friday (30 September), breaking doors and dismantling machinery.Amid a wider protest of some 2000 officers, around 300 stormed the building as the crowd shouted down with the Pasok junta - referring to the governing social democratic party.Defence minister Panos Beglitis denounced the officers’ actions as anti-democratic bullying by the state within the state and instructed the prosecutor of the Athens Military Court to conduct a preliminary investigation over whether the group had perpetrated any criminal offences against military institutions.Such bullying and anti-democratic behaviour that goes against the democratic government of the country are an insult that will be immediately repressed,said the minister.The retired military cannot act as a state within a state and they don't have the right to act anti-democratically, he declared.The officers removed doors and the dismantled security equipment that scans for the presence of weapons.After the chief of the general staff came down to speak to the crowd and asked them to leave, the officers abandoned their action at around four o’clock.On Sunday in a measured but pointed open letter to the government, the Association of Support and Cooperation of the State Armed Forces, the professional association of full-time staff, warned that the Greek Armed Forces are monitoring the government’s moves with increased concern and that their confidence in the intentions of the state have been shaken.

The executives of the Greek Armed Forces are monitoring with increased concern the latest developments regarding issues related to their needs after retirement, the letter reads.While condemning the behaviour of those who stormed the building, the association attacked the minister for his threat of repressive violence.After the rally of demobilised personnel of the armed forces - regardless of the conduct not consistent with status of retired men - and the known statements of the minister of national defence regarding the use of repressive violence against them, the confidence of the uniformed personnel of the armed forces has been shaken regarding the intentions of the state to assist them,the letter continues, after the rapid accumulation of subsistence problems, which hinder their undistracted devotion to the execution of their duties' Targeted escalating contempt and exclusion, denial of any dialogue and ultimately the threat of repressive violence is a serious blow to the morale of senior staff. This blow is extremely critical in the present geopolitical developments in our region,the letter continues.The military has every moral and legal basis to defend itself, and it will do so by any legal means, the letter, signed by the president and general secretary of the armed forces association, concludes.The defence ministry invasion comes atop angry protests last week by other elements of the Greek security forces, in this case, sections of the police, who demonstrated outside the European Commission offices and German and French embassies in the capital.The officers, upset at having their pay docked along with other civil servants as part of austerity imposed by international lenders, dropped a massive banner from Mount Lycabettus in Athens and denounced the EU and IMF.Last month, on a visit by Belgitis to Military Hospital 424 in Thessaloniki, employees blockaded the entrance and booed the minister. The cabinet member and his entourage were forced to exit their cars and enter the hospital on foot.

Road of internal conflict open

The incident also comes two weeks after Beglitis issued an ominous warning declaring: The road of internal conflict is open.On 19 September, in an interview with Ta Nea newspaper, the minister said: Recent days define the end of an epoch for Europe and for Greece. If we do not move immediately on orderly and conscious sacrifices, the road of internal conflict is open.Repeated efforts by EUobserver to extract a comment from the Ministry of Defence were unsuccessful.The minister has regularly insisted that the government will not go so far as to deploy the army to maintain order.However, on 4 February this year, according to the Athens News Agency, the Hellenic Army staged a mock battle with anti-austerity protesters. The Defence Ministry would not respond to requests for further detail on the military exercises.Code-named Callimachus after a commander of the Athenian army during the Battle of Marathon, the war games took place at the Koromila base in Argyroupolis, a village near Kilkis in northern Greece.The army’s 71st airborne brigade, which participates in EU peace-keeping operations in an EU battlegroup together with units from Cyprus, Bulgaria and Romania, practiced feuding parties control, conflict deterrence and crowd evacuation, according to the newswire, quoting military sources.
According to Diktio Spartakos, a network of trade-unionist conscripts in the army, a captain recently warned his troops to be on alert in case of the need to intervene against social disorder.Trade unionism by draftees is forbidden in the Greek military, so the group does not operate openly or use their real names or ranks.
State of alert order

On 17 September, in a military camp near Heraklion, the capital of the island of Crete and the country’s fourth biggest city, a Captain S informed his unit of a top secret state of alert order, according to soldiers from the trade-unionist network.
According to the group, Captain S., who was in charge of the unit, informed the guard about the existence of top secret state of alert order and said that all units should be on guard and apply increased security measures.The captain then allegedly went on to say that the order is linked to the announcement of new austerity measures, the laying off of tens of thousands of civil servants and new property taxes that may provoke social disorder for which the army should be ready.While a military junta known as the Regime of the Colonels ruled the country from 1967 to 1973, the Greek armed forces have for more than a generation been normalised under civilian command and few analysts expect the military to autonomously intervene against civil unrest.

Greek crisis close to claiming first victim in EU banking sector Today OCT 5,11 @ 09:37 By Andrew Rettman

Franco-Belgian bank Dexia has said it might restructure its operations in response to a run on shares caused by exposure to bad Greek debt.The Atomium monument in Brussels: The Franco-Belgian bank risks being split into tiny pieces in order to protect high-street savers (Photo: o palsson)The bank in a statement issued after an emergency meeting in the small hours of Tuesday (3 October) said the board has asked the CEO to prepare ... the necessay measures to solve structural problems which hamper its operational activities, citing the size of the portfolio of non-strategic assets [which] structurally weighs down on the group.Options for what would amount to a break-up of the company include getting rid of Dexia Credit Local, a unit which lends money to local authorities in Europe and the US, Dexia Banque Internationale a Luxembourg, its private fund-management branch, and Denizbank, its retail banking business in Turkey.Belgium and France, large shareholders in Dexia, might also create a 'bad bank' on the model of Ireland's Nama, which would take over Dexia's riskiest assets in a bid to protect its core activities.Rating's agency Moody's warned on Monday it is getting ready to downgrade Dexia, an announcement that wiped out 10 percent of the value of its shares in one day atop losses of 30 percent in the past three months. It said Dexia has experienced further tightening in its access to market funding - the day-to-day loans provided by markets which banks need to fund normal activity, like providing cash and loans to high-street savers.The loss of confidence comes due to Dexia's exposure to Greek and Italian debt. If the private sector is forced to write off 50 percent of Greek bonds, Dexia stands to lose around €2 billion, equivalent to 80 percent of its value as a company.

Belgian finance minister Didier Reynders tried to reassure Dexia's high-street customers on Monday. The French and Belgian governments are behind their banks, whether that is Dexia or another. To help banks and to help, for example French and Belgian savers, the first thing to do is to help Greece, he said at a meeting of EU finance ministers in Luxembourg.Dexia is a medium-sized bank by EU standards. But its larger cousins face similar problems. Major French banks BNP Paribas, Societe Generale and Credit Agricole also lost between four percent and five percent of their value this week due to exposure to Greece, on top of 40 percent to 56 percent losses in recent months.All four banks, including Dexia, were given a clean bill of health by EU stress tests in July.Fresh EU statistics on bank lending to small and medium-sized business show how the crisis in high finance is having a direct impact on the ground.Unsuccessful loan applications between 2007 and 2010 rose in 19 out of 20 EU countries for which data is available, the European Commission noted on Monday. Bulgaria is the worst hit, with the proportion of unsuccesful applications climbing from three percent to 36 percent. In Ireland, the numbers went from one percent to 27 percent.

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 (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,(JORDAN) and the Ishmaelites;(ARABS) of Moab, PALESTINIANS,JORDAN) and the Hagarenes;(EGYPT)
7 Gebal,(HEZZBALLOH,LEBANON) and Ammon,(JORDAN) and Amalek;(SYRIA,ARABS,SINAI) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)

DANIEL 11:40-43
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.

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.

Putin unveils counter-EU option for post-Soviet states 04.10.11 @ 16:09 By Andrew Rettman

With EU-Ukraine association talks on the rocks, Russian leader Vladimir Putin has unveiled a new plan to pull former Soviet countries into a Eurasian Union instead.
Putin. Many post-Soviet leaders feel more comfortable on visits in Moscow than in Brussels, in terms of language and protocol (Photo: ec.europa.eu)Putin outlined his ideas in an op-ed in Russian daily Izvestia on Tuesday (4 October). Noting that Russia, Belarus, Kazakhstan, Kyrgyzstan and Tajikistan are already pressing ahead with plans to form a Customs Union and a Single Economic Space, he said the bloc will in future become a fully-fledged Eurasian Union with joint economic governance, common institutions and passport-free travel on the EU model.We propose a model of a powerful supranational union capable of becoming one of the poles of the modern world and of playing the role of effectively 'binding' Europe and the dynamic Asia-Pacific region,he said.In a signal to other post-Soviet nations in the region - Armenia, Azerbaijan, Georgia, Moldova, Turkmenistan, Ukraine and Uzbekistan - he added: The Eurasian Union is an open project. We welcome the accession of other partners, notably the [former Soviet] commonwealth countries. This does not mean pushing anyone or rushing them into something. It should be a sovereign decision of the state dictated by its own long-term national interests.Putin noted the plan sounds like an attempt to rebuild the Soviet Union.He said the group of 12 countries have spiritual threads that unite [their] peoples and that the 70-year-long period of Soviet domination in the last century left the inheritance of a joint infrastructure and manufacturing base.But he added:We are not talking about recreating the Soviet Union. It would be naive to try to restore or copy what is already past ... The Eurasian alliance will be based on universal principles of integration, as an integral part of greater Europe, united by common values of freedom, democracy and market laws.Moscow's gambit comes at a sensitive time in EU-Ukraine relations.

The EU is in December planning to finalise a trade and association pact with Ukraine, by far the largest and most populous of its eastern neighbours. The treaty aims to pull Ukraine out of Russia's sphere of influence and put it on a path to EU membership 10 to 20 years down the line.The pact is in jeopardy on two fronts, however. The EU is angry at what it calls Ukrainian President Viktor Yanukovych's persecution of his political rivals. And Ukraine is angry over the EU's refusal to promise future accession in the preamble to the treaty, while at the same time asking it to make pro-EU reforms set to cost tens of billions of euros.The Ukrainian foreign ministry is considering confronting the EU with a make-or-break decision by submitting a formal application for EU membership early next year.But with anti-enlargement countries such as France, Germany and the Netherlands highly unlikely to endorse the move, the confrontation could end in Ukraine turning towards Putin's union instead.It's a dangerous situation. It [an EU refusal] would give pro-Russian elements in Ukraine all the excuse they need to abandon the European project. At the same time, with Putin becoming president [of Russia] again next year, he will be in a powerful position to exert influence on Kiev and other capitals in the region,an EU diplomatic source told EUobserver.Georgia and Moldova are the most pro-EU in the group. But powerful pro-Russian opposition forces exist in both countries, with Georgian President Mikhail Saakashvili's popularity waning after the 2008 Russia-Georgia war and with Moldova facing zero prospect of EU membership so long as more than 1,000 Russian troops remain parked on its territory in the frozen conflict over Transniestria.

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