Monday, June 18, 2012

DEADLY VIOLENCE ON ISRAEL'S,EGYPT,GAZA BORDERS

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

TYRANNY STORIES BY INFOWARS-KEEP UP WITH THE NEWS
http://www.infowars.com/

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

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

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

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

REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
http://www.youtube.com/watch?v=9PX-vW4VccY&feature=player_embedded#!
http://www.theglobeandmail.com/globe-investor/markets/indexes/

HALF HOUR DOW RESULTS MON JUNE 18,2012

09:30 AM -2.43
10:00 AM -44.99
10:30 AM -26.43
11:00 AM -1.97
11:30 AM -37.80
12:00 PM -25.12
12:30 PM -24.14
01:00 PM -32.13
01:30 PM -16.57
02:00 PM -6.43
02:30 PM -0.77
03:00 PM -20.55
03:30 PM -33.41
04:00 PM -25.35 12,741.82

S&P 500 1344.78 +1.94

NASDAQ 2895.33 +22.53

GOLD 1,627.50 -0.60

OIL 82.80 -1.23

TSE 300 11,601.13 +76.23

CDNX 1259.75 +8.73

S&P/TSX/60 662.65 +4.07

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -55 points at 4 minutes of trading today.
Dow -55 points at low today.
Dow -1 points at high today so far.
GOLD opens at $1,623.00.OIL opens at $82.26 today.

AFTERNOON,NEWS,STATS
Dow -55 points at low today so far.
Dow -1 points at high today so far.

WRAPUP,NEWS,STATS
Dow -55 points at low today.
Dow -1 points at high today.

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

Conservatives win Greek elections, seek coalition

17.06.12 @ 21:44 By Valentina Pop
BRUSSELS - Greek Conservatives from the New Democracy party narrowly won the parliamentary elections on Sunday (17 June) with some 30 percent of the vote over the anti-bail-out Syriza party (26%), early results after counting 40 percent of the ballots show."I am relieved. I am relieved for Greece and Europe. As soon as possible we will form a government," New Democracy leader Antonis Samaras said Sunday night, adding he would seek a grand coalition with "no preconceptions", including with the Syriza party.Syriza leader Alexis Tsipras, the young politician who promised to annul the austerity programme accompanying the €130bn bail-out, was quick to congratulate Samaras but declined to form a grand coalition. He also refused to form a government should Samaras fail to do so.Kingmaker in the coalition forming process is former finance minister Evangelos Venizelos from the Socialist Pasok party. If the end results confirm the preliminary score, Pasok and New Democracy would get the 151 seats needed to have a parliamentary majority. But Venizelos on Sunday insisted for Syriza to be part of the government as a precondition for Pasok to join."If we really want Greece to stay in euro, tomorrow we must have a government capable of conducting the renegotiation (of the bail-out terms)," Venizelos told journalists in Greece.EU officials expect difficult talks ahead, with some room for manoeuvre possible on the deadlines for the austerity programme attached to the bail-out."There can't be substantial changes in the engagements" undertaken by Greece in the bailout deal. "But I can imagine we discuss again a delay" in achieving the targets, German foreign minister Guido Westerwelle told ARD public television on Sunday.Greece's public finances are dependent on the €130bn bailout that is to be paid out in tranches, provided Athens sticks to the austerity programme.Failure to meet its commitments would sever the funding, pushing Greece into a default and possibly to a 'voluntary' exit from the eurozone. Capital controls and border checks could be re-introduced, with contingency planning already carried out in several capitals and national central banks. With no legal means to push Greece out of the eurozone, however, the most likely scenario is a "muddle through" with more deadline extensions and possibly more money for Greece further down the road.

Influencing elections

EU leaders were tense ahead of the election result. German Chancellor Angela Merkel delayed her departure to Mexico for the G20 meeting until midnight, to be in reach in case of a Syriza victory.
Luxembourg's premier and chair of eurozone finance ministers Jean-Claude Juncker on Saturday told Austrian newspaper Kurier that a Syriza victory would have "unpredictable consequences" for the eurozone as a whole.Meanwhile, one EU diplomat told this website that charges with interference in the country's sovereignty are a false debate."On one hand, their own elected politicians are responsible for this fiasco, for mismanaging the country, for corruption, for tax evasion. On the other, they say 'don't interfere with our democracy' - but this democracy could not take care of itself. You can't stay sovereign when bankrupt and dependent of international aid," the source said.

Eurozone crisis tests the Merkel method

Today @ 09:13 JUNE 18,12 By Valentina Pop
Berlin - German Chancellor Angela Merkel does not like rash decisions.A step-by-step approach, carefully preparing the ground for any policy change she may envisage has become her signature style. As a natural scientist, she has no sympathy for irrational behaviour, for panic or enthusiasm displayed either by fellow EU leaders or markets.Speaking at an event in Berlin on Friday (15 June) organised by an association of German family enterprises, Merkel praised their "steadfastness" and their "long-term thinking" as opposed to the "quick buck mentality" of financial markets."In times of fast-changing environments, where financial markets are increasingly gaining importance, where bets are made several times a day, this steady, long-term oriented family business culture is a very important counterweight," she said.Sound budget management and reluctance to take on debt are virtues the she cherishes most. It is her firm belief that the same should apply to states.The financial crisis, followed by the euro-crisis are to her mind symptoms of the same reckless behaviour of running banks or whole economies on debt and deficits.The daughter of a protestant pastor, Merkel has a near-religious conviction that by cutting deficits and rolling back debt economies will be cured of all ills.She backs "sustainable growth," as opposed to growth based on credit, consumerism and real estate bubbles. Slashing labour costs, making budget cuts, investing in innovation and education are the recipes she advocates for all countries, including her own.Her insistence on "living within one's means," as the family businesses in her view are so good at doing, is a pre-condition for the European Union to succeed and keep up with competition from India, Brazil or China.It is why she fiercely opposes any common debt issuance in the eurozone, as France's new president Francois Hollande is advocating, which would allow southern euro-countries to borrow money at more accessible rates than now.Eurobonds would be nothing but a "quick fix" and a repeat of the same mistake that brought the eurozone in this situation in the first place: cheap money with no structural reforms, says Merkel.The only way Berlin could agree to a form of such common sharing of debt would be for a true political union to be created among EU states. With the European Commission acting as a government, common taxes and a more powerful European Parliament. Even with a European army, at some point.This would require not only a change of the EU treaties, but also a referendum in Germany to modify its own constitution, as any budgetary, military or social powers transferred to Brussels would be in breach of the current basic law.But Merkel is determined to stick to her guns. Too much is demanded - especially by France - without any willingness to cede sovereignty and beef up the EU scrutiny over national affairs."It cannot be that we put liabilities at community level, but that checks and balances remain at national level," she told the family business community, recalling that when the euro was created, there were two so-called convents - one working on the monetary union, one on the political union."The political union discussions did not materialise, so we need to catch up with that," she said.
When the last German concession was made earlier this year - the creation of a permanent bail-out fund for the eurozone - Merkel pressed for a pact signed among all EU countries except Britain and the Czech Republic enshrining a debt brake into their national law.But she had to give up two conditions which now she will press for again: countries to be taken to the European Court of Justice if their budgets are not in line with the debt brake and with the goal of cutting debt by 1/20 each year when the total debt exceeds 60 percent of GDP.Having the institutional structures in place first and only then pouring money in them is the preferred recipe of Angela Merkel and her coalition partners.But as Spain's costs have reached bail-out territory and uncertainty about Greece's eurozone membership continues, the Merkel method may stretch the cord too far this time around.

Hollande proposes €120bn growth pact

Today @ 09:23 JUNE 18,12
  1. By Valentina Pop
  2. Valentina email
  3. Valentina Twitter
BRUSSELS - Emboldened by a Socialist super-majority elected in the French parliament, President Francois Hollande has put a figure on his calls for an EU "growth pact" - €120 billion.Most of it is old money, however.The French Socialist Party emerged as a big winner in parliamentary elections on Sunday (17 June) and is set to take between 313 and 315 seats in the 557-strong National Assembly.With the control of both the senate and the lower house, Hollande will not need the support of the Greens or the far left to push through his plans, which will have to include some spending cuts to meet EU deficit targets.On an EU level, Sunday's victory gives him a stronger mandate to promoting his pro-growth agenda, which has already ruffled feathers in spending-wary Germany.French newspaper Journal de Dimanche on Sunday published a letter sent by Hollande to fellow EU leaders in which he calls for a €120-billon-strong "growth compact" to jumpstart the eurozone economy.The funds would come from three sources, it said: €55 billion from unused European structural funds, €60 billion raised by the European Investment Bank (EIB) and €4.5 billion in project bonds for infrastructure projects.Only €10 billion would be fresh money, allocated to the EIB so that it can raise €50 billion more on the markets.The newspaper also reported that Hollande has come to terms with Berlin's rejection of "eurobonds" - mutualisation of eurozone debt - until there is a full political union.It said he is now looking to an EU integration "roadmap" for the next 10 years - to be presented by EU Council chief Herman Van Rompuy by October - instead.He also wants to use a new financial transactions tax to partly fund the EU budget or growth projects.Only nine EU countries, including Germany and Italy, so far back the tax proposal, with leaders possibly agreeing to move forward in a so-called enhanced co-operation allowed under EU law when no agreement is found at 27.Hollande's letter is intended as an input to the so-called compact for growth and jobs to be agreed by EU leaders in Brussels on 28-29 June. It is to some degree his first test in EU politics after having campaigned against the austerity drive pushed by Germany's Angela Merkel and her "fiscal compact," which enshrines a debt brake in national laws of all EU states except Britain and the Czech Republic.A first draft of the growth compact obtained by the Daily Telegraph shows diplomats are struggling to find a balance between the German-led emphasis on budget discipline and the more spending-friendly French stance.It says recommendations issued by the EU commission for each country should be implemented with a particular focus on "growth-friendly fiscal consolidation," preserving investments in research, education and energy "and ensuring the sustainability of pension systems."Banking reforms are urgent measures to tackle unemployment are also mentioned, as well as modernising the public administration and reducing red tape.The EIB capital boost is also envisaged, but the sum is yet to be determined. "This decision should be taken by the EIB Board so as to ensure that it enters into force no later than 31 December 2012," the draft paper reads.The financial transactions tax and steps towards a future banking union - with increased supervision by the European Central Bank - and a future political union are yet to be agreed upon.

MUSLIM NATIONS

JEREMIAH 30:10-11
10  Therefore fear thou not, O my servant Jacob,(ISRAEL) saith the LORD; neither be dismayed, O Israel: for, lo, I will save thee from afar, and thy seed from the land of their captivity; and Jacob (ISRAEL) shall return, and shall be in rest, and be quiet, and none shall make him afraid.
11  For I am with thee,(ISRAEL-JERUSALEM) saith the LORD, to save thee: though I make a full end of all nations whither I have scattered thee, yet will I not make a full end of thee:(GOD-JESUS ALWAYS PROTECTS ISRAEL-JERUSALEM)

GENESIS 16:11-12
11 And the angel of the LORD said unto her, Behold, thou art with child, and shalt bear a son, and shalt call his name Ishmael;(FATHER OF THE ARAB/MUSLIMS) because the LORD hath heard thy affliction.
12 And he will be a wild man; his hand will be against every man,(ISLAM HATES EVERYONE) and every man's hand against him; and he shall dwell in the presence of all his brethren.(LITERAL-THE ARABS LIVE WITH THEIR BRETHERN JEWS)

JEREMIAH 4:6-8
6  Set up the standard toward Zion:(JERUSALEM) retire, stay not: for I will bring evil from the north,(RUSSIA/MUSLIMS) and a great destruction.(WITH NUKES)
7  The lion is come up from his thicket,(RUSSIA/MUSLIMS) and the destroyer of the Gentiles is on his way; he is gone forth from his place to make thy land desolate; and thy cities shall be laid waste, without an inhabitant.
8  For this gird you with sackcloth, lament and howl: for the fierce anger of the LORD is not turned back from us.(AMERICA-NY AND OTHER CITIES)

EZEKIEL 5:15-17
15  So it shall be a reproach and a taunt, an instruction and an astonishment unto the (ARAB/MUSLIM) nations that are round about thee,(ISRAEL) when I shall execute judgments in thee in anger and in fury and in furious rebukes. I the LORD have spoken it.
16  When I shall send upon them the evil arrows of famine, which shall be for their destruction, and which I will send to destroy you: and I will increase the famine upon you, and will break your staff of bread:
17  So will I send upon you famine and evil beasts,(WHEN RUSSIA/MUSLIMS GET DEFEATED THIER BODIES GET EATEN BY BIRDS,ANIMALS IN ISRAEL MIGRATION SEASON) and they shall bereave thee; and pestilence and blood shall pass through thee;(NUKES) and I will bring the sword upon thee. I the LORD have spoken it.

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,(LEADER OF RUSSIA) the chief prince of Meshech(MOSCOW) and Tubal:TOBOLSK)
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.

JEREMEIAH 49:35-37 (IN IRAN AT THE BUSHEHR NUKE SITE SOME BELIEVE)
35  Thus saith the LORD of hosts; Behold, I will break the bow of Elam,(IRAN/BUSHEHR NUCLEAR SITE) the chief of their might.(MOST DANGEROUS NUKE SITE IN IRAN)
36  And upon Elam will I bring the four winds from the four quarters of heaven,(IRANIANS SCATTERED OR MASS IMIGARATION) and will scatter them toward all those winds; and there shall be no nation whither the outcasts of Elam shall not come.(WORLD IMMIGRATION)
37  For I will cause Elam (IRAN-BUSHEHR NUKE SITE) to be dismayed before their enemies, and before them that seek their life: and I will bring evil upon them, even my fierce anger,(ISRAELS NUKES POSSIBLY) saith the LORD; and I will send the sword after them, till I have consumed them:(IRAN AND ITS NUKE SITES DESTROYED)

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

JEREMEIAH 49:23-27
23  Concerning Damascus.(SYRIA) Hamath is confounded, and Arpad: for they have heard evil tidings: they are fainthearted; there is sorrow on the sea;(WAR SHIPS WITH NUKES COMING ON SYRIA) it cannot be quiet.
24  Damascus is waxed feeble, and turneth herself to flee, and fear hath seized on her: anguish and sorrows have taken her, as a woman in travail.
25  How is the city of praise not left, the city of my joy!
26  Therefore her young men shall fall in her streets, and all the men of war shall be cut off in that day, saith the LORD of hosts.
27  And I will kindle a fire (NUKES OR BOMBS) in the wall of Damascus, and it shall consume the palaces of Benhadad.(ASSADS PALACES POSSIBLY IN DAMASCUS)

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)

JEREMIAH 47:1-7
1 The word of the LORD that came to Jeremiah the prophet against the Philistines,(PALESTINIAN/ARABS) before that Pharaoh smote Gaza.
2  Thus saith the LORD; Behold, waters rise up out of the north,(NORTHERN TSUNAMI POSSIBLY) and shall be an overflowing flood, and shall overflow the land, and all that is therein; the city, and them that dwell therein: then the men shall cry, and all the inhabitants of the land shall howl.
3  At the noise of the stamping of the hoofs of his strong horses,(ISRAELS ARMY) at the rushing of his chariots, and at the rumbling of his wheels, the fathers shall not look back to their children for feebleness of hands;(ISRAEL POSSIBLY NUKES GAZA)
4  Because of the day that cometh to spoil all the Philistines,(PALESTINIAN FAKE ARABS) and to cut off from Tyrus and Zidon every helper that remaineth: for the LORD will spoil the Philistines, the remnant of the country of Caphtor.
5  Baldness is come upon Gaza;(NUKED POSSIBLY) Ashkelon is cut off with the remnant of their valley: how long wilt thou cut thyself?
6  O thou sword of the LORD, how long will it be ere thou be quiet? put up thyself into thy scabbard, rest, and be still.
7  How can it be quiet, seeing the LORD hath given it a charge against Ashkelon, and against the sea shore? (MEDITTERANEAN SEA) there hath he appointed it.

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,(5/6TH OR 750 MILLION DEAD I BELIEVE) 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-MUSLIMS) 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,ARAB,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.

Russian Commandos 'to Escort Assad Out of Syria'

Voice of Israel cites Russian reports that say Russian commandos may sail to Syria to escort Assad to safety.
By Gil Ronen First Publish: 6/18/2012, 1:35 PM

A child at Syrian rebel rally
A child at Syrian rebel rally
Reuters
Ships carrying Russian commandos may soon sail to Syria to escort strongman Bashar Assad to safety from the country where a rebellion against him is growing fiercer.Reports to this effect were cited by Voice of Israel radio's veteran "listener" Miki Gurdus, who specializes in listening to radio broadcasts on various frequencies worldwide.The Interfax news agency said Monday that two Russian navy ships are to sail to Syria to protect Russian citizens and its naval base there. This would be the first time since the current rebellion in Syria began that Russia is sending extra troops to its base in Syria.Cited by the Associated Press, Interfax quoted an unidentified Russian navy official as saying that the Nikolai Filchenkov and Caesar Kunikov amphibious assault vessels will be heading to the Syrian port of Tartus. The ships appear not to have left their home port in Sevastopol on the Black Sea yet.The Russian official mentioned nothing about evacuating Assad, but said the ships will carry an unspecified number of marines to protect Russians in Syria and evacuate materials from Tartus if necessary.Russia has shielded Damascus from international sanctions over its bloody crackdown on the rebellion against the minority Alawite regime. Russia also continued to provide the regime with arms.

Syrian forces pound cities; Russia readies marines

BEIRUT (Reuters) - Syrian security forces pounded opposition areas across the country on Monday, activists said, adding that at least 23 people had been killed in clashes they say have escalated since international observers suspended their mission.Activists said artillery had targeted Douma, a town 15 km (9.3 miles) outside the capital Damascus. The town has for weeks been under the partial control of rebels who have joined the 15-month-old revolt against President Bashar al-Assad."We can't even accurately count the dead because we have so many injured people to treat, there's no time to think about anything else," said an activist in Douma who called himself Ziad."The army attacks all the time. They have tanks, missiles, mortars, and artillery. Even helicopters have fired on us. People can't escape because the army is surrounding the town."The British-based Syrian Observatory for Human Rights, which has a network of activists across Syria, said at least 23 people had been killed by midday on Monday, seven of them in Douma.In a sign it fears Syria's conflict could escalate further, an unnamed Russian naval source said Moscow was preparing to send marines to Syria in the event it needed to protect personnel and remove equipment from its naval facility in Syria's Mediterranean port of Tartous, according to the Interfax news agency.Russia is one of the Syrian government's staunchest backers and supports Assad's argument that foreign-backed terrorists are behind the unrest. Moscow has repeatedly urged Western and Arab countries, who mostly back the rebels, to rein in their support in order to stem the violence.International outrage over Syria has grown in recent weeks after two reported massacres of nearly two hundred civilians, most of them from the Sunni Muslim majority population that has led the revolt. Assad comes from Syria's Alawite minority, an offshoot of Shi'ite Islam that has mostly backed the president.Heavier fighting and apparent sectarian killings have led many, including the head of U.N. peacekeeping forces, to brand the violence a civil war.The international community's efforts to halt the violence are deadlocked because Russia and China, which both wield vetoes in the Security Council, have blocked tougher action against Assad. They say the solution should be through political dialogue, an approach most of the Syrian opposition rejects.Western powers have been pushing for stronger measures to be taken against Assad, whose forces have not only used artillery in recent weeks, but helicopter gunships against rebels in civilian areas.U.S. President Barack Obama is expected to discuss the Syria crisis with Russian President Vladimir Putin when they meet in Mexico on Monday. But few observers expect a breakthrough.Relations between Washington and Moscow have further frayed after a week of Cold War-style recriminations over Syria.

TRAPPED IN BOMBARDED HOMS
The head of the United Nations observation mission, General Robert Mood, is scheduled on Tuesday to brief the U.N. Security Council in New York on the violence in Syria.The mission recently halted its operations due to security concerns, and Mood said on Sunday he was worried about civilians trapped in central Homs."In Homs attempts to extract civilians form the line of fire over the past week have been unsuccessful," he said in a statement. "This requires willingness on both sides (of the conflict) to respect and protect the human life of the Syrian people."Residents in Homs, the bloody epicenter of the revolt against Assad, said their city has been pummeled daily by mortar and rocket fire since early June."It's getting worse since the UN observers suspended their mission," wrote Alaa, who said he was a Homs resident but would only give his first name."There are tanks shooting now and most stores are closed. The streets are blocked by security barriers and cement blocks."Bernard Valero, a spokesman for the French foreign ministry, said the "relentless repression of the regime, and in particular in the city of Homs" meant it was more necessary than ever for the United Nations to enforce Kofi Annan's failing peace plan.France has called on the United Nations to invoke Chapter VII - which can authorize the use of force - to impose the plan brokered by international mediator Annan, including a widely ignored April 12 ceasefire agreement.U.N. monitors say violence has been escalating rapidly in Syria, where peaceful protests were overtaken by an armed insurgency several months ago in response to Assad's crackdown on dissent.In Geneva, U.N. High Commissioner for Human Rights Navi Pillay said the government's use of heavy arms and shelling in populated areas could amount to war crimes, and called on the international community to act."I urge the international community to overcome its divisions and work to end the violence and human rights violations to which the people of Syria have been subjected," she said.(Additional reporting by Steve Gutterman in Moscow, Tom Miles in Geneva and John Irish in Paris; Writing by Erika Solomon; Editing by Andrew Osborn)

EU and US at odds over Iran's role on Syria

Today @ 09:13 JUNE 18,12 By Andrew Rettman
BRUSSELS - EU diplomats disagree with the US and Israel on whether Iran should join a Contact Group on Syria.UN emissary Kofi Annan last week called for the formation of a body akin to the one which steered events in the Balkans in the 1990s or the one formed last year on Libya.An EU source told this website it should have an "inner circle" of five or six big powers - such as the EU, Russia, Turkey and the US - and an "outer circle" of 15-or-so other countries.Its main tasks would be to stop the violence and to prepare for the day after President Bashar Assad falls.The source said that without a post-Assad plan, the country risks becoming a "black hole" the way Iraq did after the US removed Saddam Hussein.EU countries are currently holding talks on whether to call for Iran's inclusion.For its part, the US says it should be kept out because it is helping Assad - its main ally in the region - to massacre his own people."Iran has not demonstrated to date a readiness to contribute constructively to a peaceful political solution," America's UN ambassador, Susan Rice, said last week.The US is in a de facto state of war with Iran since 1979, when Iranian revolutionaries stormed the US embassy in Tehran. They have no diplomatic relations. Last year, it accused Iran of plotting a bomb in New York.It is also Israel's enemy number one. "It is naive to think Iran will play a constructive role [in the group] a former Israeli intelligence chief told press an diplomats at a recent meeting in Brussels.
Several EU diplomats interviewed by EUobserver said Iran will be vital in getting Assad's security forces to play a part in a future transitional government, however."They do not want to see a years-long civil war, involving hostile Islamic radicals, on their doorstep," one contact said."It's hard to imagine [US secretary of state Hilary] Clinton sitting down with Iran to talk about the future of Syria. But in the wider picture, is a political solution in Syria possible without Iran?" another EU source noted.

'Cloaked in irrationality'

For her part, EU foreign affairs chief Catherine Ashton has had a taste of Iranian diplomacy in her role as chief negotiator in the Iran nuclear talks.Commenting on how hard it was to agree a meaningful agenda for the nuclear meeting in Moscow on Monday (18 June), a member of her team said: "Its behaviour is sometimes very rational, but cloaked in irrationality."Iran likes to keep the EU in the dark.An EU diplomat based in Tehran said Iranian officials refuse to meet him: "EU diplomats in Iran basically talk to each other."
But the two sides have functional day-to-day relations.The French, German and Swedish embassies in Tehran cultivate EU business interests. An EU diplomat in Afghanistan - a massive source of heroin - said: "Iran is doing more than Europe to stop drugs getting into Europe."

'What are you bringing?'

The price of making friends could be big: assurances that the West will not pursue regime change in Iran; legitimisation of its role as a regional power; no oil sanctions.One senior official in Ashton's service predicted the US will get its way. "I don't think it will be possible to include them in the Contact Group," he said.
But for his part, the Tehran-based EU diplomat warned the EU will diminish its role on the international stage if it follows America too closely."It concerns the EU's post-Lisbon role in the world," he noted, referring to the Lisbon Treaty, which created Ashton's diplomatic corps in order to give the Union more collective influence."When you sit around the top table with the UN Security Council countries, the question is what are you bringing? The EU can bring its partnerships, the fact that it can talk to everybody," he said.

Egypt Islamists claim presidency as army tightens grip

CAIRO (Reuters) - Egypt's Muslim Brotherhood said on Monday its candidate won the country's first free presidential election, but a sweeping legal maneuver overnight by Cairo's military rulers made clear the generals planned to keep control for now.An election committee source told Reuters that Islamist Mohamed Morsy, a U.S.-educated engineer, was comfortably ahead of former air force general Ahmed Shafik with most of the votes tallied. But the count, which would make him the first civilian leader in 60 years, had yet to be officially finalized.In any event, however, the new president will be subordinate for some time at least to the military council which last year pushed fellow officer Mubarak aside to appease street protests.
In the latest twist on Egypt's tortuous path from revolution to democracy, the Supreme Council of the Armed Forces (SCAF) issued a decree as two days of voting ended on Sunday which set strict limits on the powers of head of state. On the eve of the election, it had already dissolved the Islamist-led parliament.
Liberal and Islamist opponents denounced a "military coup"."Military Transfers Power, to Military," ran the ironic headline in independent newspaper al-Masry al-Youm.The Brotherhood, however, expressed its joy and defiance on the streets and may challenge moves by the generals that cast doubt on their pledge to hand over to civilian rule by July 1 - a promise supported by Egypt's U.S. and European allies, despite their deep misgivings about the rise of political Islam in the wake of the Arab Spring uprisings across the Middle East.
"Thanks be to God who has guided Egypt's people to the path of freedom and democracy, uniting Egyptians for a better future," Morsy, a former political prisoner, said in a victory speech in which he forswore seeking revenge or settling scores.An aide to Shafik, Mubarak's last prime minister, refused to concede defeat and accused Morsy of "hijacking the election."However, the source on the electoral committee told Reuters: "The results ... which show Morsy in the lead, reflect to a large degree the results tallied by the electoral committee."The Brotherhood put Morsy ahead by 52 percent to 48 on a turnout of about 50 percent. Many supporters of candidates knocked out in last month's first round stayed home or spoiled their ballots in protest at a choice they saw as between going back to the old regime or a future religious state.

ISLAMIC FUTURE
Hundreds of flag-waving supporters of the Brotherhood, whose members long suffered imprisonment, torture and death at the hands of the generals, gathered in Tahrir Square, where the anti-Mubarak revolution erupted in central Cairo 16 months ago."Thank God, we have got rid of military rule and the police state," said Mona Issam, one of a group of cheering women clad in long robes and full-face veils. "We hope Morsy takes power from the military council and the army goes back to barracks."God has given us victory. God stood by us and lifted the weight of oppression. We wanted an Islamic state. We lived like strangers in our land under the old regime. We were oppressed and Islam was not the law. I'm very, very happy. Thank God."Hosni Qutb, a 45-year-old physician, derided Shafik as the "candidate of Israel", in reference to the military rulers' 33-year-old peace treaty with Egypt's Jewish neighbor. Israel fears growing hostility from Cairo and said an Israeli and two militants were killed in an attack on its border overnight."We got rid of the despot," said Mohammed al-Sayyed, 46. "Now we will live in freedom. There will be no arrests or prisons. The revolution has succeeded and we have got our country back."However, the crowds hardly attracted notice in the morning rush hour and measured barely a drop compared the human sea that engulfed central Cairo on February 11 last year when Mubarak fell.The 60-year-old Islamist candidate had attracted support from some who reject the Brotherhood's religious agenda and the imposition of Islamic law but were determined to bar the way to Shafik, 70, whom they see as the heir to the old regime.But as Islamists celebrated, unemployed Mohamed Mahmoud, 28, did not share their joy: "I voted for Morsy but I can't say I'm happy," he said. "I'm still afraid of both and what they may do."I don't want an Islamic state or a new Mubarak state."Political chaos has ravaged a vital tourist trade focused on pyramids and Red Sea beaches and the latest turn of events, by prolonging uncertainty, may further harm the economy:"There is a bit more uncertainty now," said stock trader Teymour el-Derini at Naeem Brokerage. "We have a new president but it means nothing because he has nothing to do. I don't think we will have a huge sell-off, but there will be some sellers."

"SETBACK FOR DEMOCRACY"
The military council's "constitutional declaration", issued under powers it took for itself last year, was a blow to democracy, said many who aired their grievances on social media."Grave setback for democracy and revolution," tweeted former U.N. diplomat and Nobel peace laureate Mohamed ElBaradei."SCAF retains legislative power, strips president of any authority over army and solidifies its control," he said."The 'unconstitutional declaration' continues an outright military coup," tweeted Abdel Moneim Abol Fotouh, a moderate Islamist knocked out in the first round of voting."We have a duty to confront it."The order from Field Marshal Hussein Tantawi, the chairman to the Supreme Council, indicated that the army, which also controls swathes of Egypt's economy, has no intention of handing substantial power now to its old adversary the Brotherhood.The Brotherhood has contested the army's power to dissolve parliament and warned of "dangerous days" ahead. But few expect the Islamists, who were not in the vanguard of the revolt and spent much of the past year in uneasy symbiosis with the army, to launch a violent grab for power any time soon.
"This is the beginning of a very tough path," a senior Brotherhood official, Essam el-Haddad told Reuters, "The beginning of it is dealing with the amended constitutional declaration that strips the president of any real powers."The failure of the new parliament to agree a consensus body to draft a constitution - liberals accuse the Islamists of packing the panel with religious zealots - has left Egyptians picking their way from revolution to democracy through a legal maze while the generals control the map and change it at will.Under the latest order, writing of the new constitution may pass to a body appointed by the SCAF - if a court rules against the contested panel nominated by the now defunct legislature.Any new constitution would need approval in a referendum, with a new parliamentary election following. By a timetable contained in the decree, it would take another five months or so to complete the planned "transition to democracy".However, the experience of the past year has left many Egyptians doubting that the military, and what they call the "deep state" stretching across big business, Mubarak-era judges, security officials and the army, will ever hand over control."SCAF isn't going to transfer any real power," Marc Lynch, a Middle East expert at George Washington University said on Twitter of the constitutional order. "Back to the beginning."(Additional reporting by Dina Zayed, Tom Pfeiffer, Edmund Blair, Alastair Macdonald and Samia Nakhoul in Cairo; Writing by Edmund Blair and Alastair Macdonald; Editing by Samia Nakhoul and Janet McBride)

Deadly violence on Israel's Egypt, Gaza borders


JERUSALEM (Reuters) - Militants who crossed into Israel from Egypt's Sinai desert fired on Israelis building a barrier on the border on Monday, killing one worker, before soldiers shot dead two of the attackers, Israel's military said.Hours later, an Israeli air strike on the northern Gaza Strip killed two militants on a motorcycle. Islamic Jihad said they belonged to their group. The military said the strike was not linked to the incident on the border.The Sinai attack, launched soon after Egypt's Muslim Brotherhood declared victory in the country's presidential election, raised Israeli concerns about lawlessness in the area since the fall of former President Hosni Mubarak in 2011."We can see a disturbing deterioration in Egypt's control of the Sinai's security," Israeli Defense Minister Ehud Barak said, commenting on the attack."We are waiting for the election results. Whoever wins, we expect him to take responsibility over all of Egypt's international commitments, including the (1979) peace treaty with Israel and security arrangements in the Sinai, and to put an end to these attacks swiftly," he told reporters.Three gunmen crossed into Israel from the Sinai desert, the Israeli military said. Spokesman Yoav Mordechai said "a terrorist squad opened fire and possibly also fired an anti-tank rocket at an area where (Israel) is constructing the border fence".Soldiers who rushed to the scene killed two of the militants but could not find the third, who may have returned to Egypt, the military said.A military source said the worker killed was an Arab citizen of Israel. There was no immediate claim of responsibility for the attack, about 30 kilometers (18 miles) from the Gaza Strip.Israel is building a fence along the frontier to curb an influx of African migrants and boost security, and hopes to complete it by the end of the year. It will run along most of the 266 km (165 miles) from Eilat, on the Red Sea, to the Gaza Strip.In August last year, militants crossed over the Egyptian border and killed eight Israelis, in the most serious attack in the area since the Egyptian popular uprising.On Saturday, at least two rockets were fired deep into southern Israel, causing no damage or casualties. It was not clear whether they were launched from Sinai.Palestinian militants in the Gaza Strip, ruled by Islamist group Hamas, have launched rockets at Israel from the coastal territory in the past. Israel says Palestinian militants have also crossed into Sinai to launch similar attacks on its territory.Late on Sunday, Israeli aircraft carried out a series of strikes in the Gaza Strip in response to rocket fire from the enclave. Medical sources in Gaza said seven people were wounded.
(Additional reporting by Saleh Salem in Gaza; Writing by Maayan Lubell; Editing by Pravin Char)

Non-Orthodox Jews start making inroads in Israel


MEVASSERET ZION, Israel (AP) — With the holy city of Jerusalem visible in the background, a man and woman standing side-by-side lead prayers for about 50 congregants who have come to welcome the Sabbath in this suburb's Reform synagogue.Their prayer book includes poetry, the women wear prayer shawls, the sermons call for social justice and the songs are performed in a folksy manner to the tune of a live guitar.This scene, common in liberal synagogues across America, is an anomaly in Israel, where religious life is dominated by a strict ultra-Orthodox establishment that sees such gender-mixing, ordaining of female rabbis and alterations to the traditional prayers as anathema to their way of life and resists any inroads by the more liberal streams of Judaism.But more liberal Jews now see a crack in that monopoly.Following a landmark Supreme Court ruling, Israel's attorney general recently announced that a limited group of 15 non-Orthodox rabbis will begin to receive government funding like some 2,000 of their Orthodox and ultra-Orthodox counterparts.The Reform and Conservative movements in Israel are celebrating the decision as a watershed. While the two movements dominate American Jewish life, they are largely sidelined in Israel, where they are derided by the Orthodox religious establishment as second-class Jews who ordain women and gays and are overly inclusive toward converts and interfaith marriages. The generous government support for the Orthodox rabbis over the years has added to the marginalization.The debate boils down to the core of religious life in Israel, and the tenuous relationship between state and religion. It also touches on the essence of the Zionist vision of creating a state that can be both Jewish and democratic.While most Israelis are secular, Israel's founding fathers gave Judaism a formal place in the country's affairs. Ultra-Orthodox rabbis strictly govern Jewish practices such as weddings, divorces and burials.Their monopoly has often forced Israelis to choose between a secular lifestyle that often ignores Jewish tradition and a stringent religious one dictated by the Orthodox that is often out of sync with democracy and modernity. The current status has also caused tensions with Jews in North America, most of whom identify as Reform or Conservative.Israel grants citizenship to any Jew, including those recognized by the liberal streams. But once in Israel, those who do not meet the Orthodox standards of being Jewish can suffer. For example, they can be barred from getting married or having a proper Jewish burial. Instead, they must go overseas to marry, and special cemeteries are set up to bury non-Jews.The liberal streams have long fought for formal recognition, with minimal success. They've established synagogues, youth movements, schools and kindergartens. Together, the Reform and Conservative movements have about 100 congregations. A recent survey by the Guttman Center at the Israel Democracy Institute found that 8 percent of Israeli Jews identified as either Conservative or Reform.But most Israelis, and certainly state institutions, regarded them as a somewhat alien offshoot of Judaism imported from North America and not meshed with how religion was practiced in Israel.The new decision is far short of a full-throated recognition. The court ruling for the first time classifies Reform and Conservative rabbis as "rabbis of non-Orthodox communities." But it applies only to 15 heading congregations in farming communities and outlying areas where they were the only rabbis - so they qualified as "community leaders" eligible for state funding. Still excluded are those operating in cities, where Orthodox rabbis are present.To avoid clashing with the strict state-run rabbinate, the financing will not be done directly from the Religious Affairs Ministry but rather channeled through the Ministry of Culture and Sports. And the 15 won't be able to serve in state capacities like the rabbinate or the military.But with a precedent established, liberal streams are now aiming for greater breakthroughs.Rabbi Gilad Kariv, who heads Israel's Reform movement, said that together with recent strides toward liberalizing the conversion process, the state funding marked the most significant development to date in breaking down the Orthodox monopoly."It is one victory out of many that are needed in order to reach full equality in Israel between the denominations," he said. "The important thing is that the Israeli government will not be able to say anymore that the non-Orthodox denominations do not deserve equal treatment."The precedent was enough to spark outrage from the religious establishment and Orthodox political parties, which wield significant political power and often act as kingmakers in Israeli politics.Yaakov Margi, the minister of religious affairs from the ultra-Orthodox Shas party, threatened to resign if forced to provide funding. Ultra-Orthodox lawmaker Moshe Gafni accused the legal system of attempting to "undermine the Jewish infrastructure of the state.""All of a sudden, there is money for Reform and Conservative clowns for whom Judaism is a mockery," he said in parliament.At a charged parliamentary meeting last week to discuss the new funding scheme, an angry Gafni had Kariv removed from the room when he tried to speak."I have no problem with heads of these communities getting funding for their cultural activities. My problem is with the state of Israel recognizing them as rabbis," Daniel Hershkowitz, an Orthodox Cabinet minister, told The Associated Press. "It has been clear for thousands of years how one becomes a rabbi. Just like the state does not decide who becomes a doctor or a lawyer, it shouldn't be deciding who becomes a rabbi."Hershkowitz has demanded an urgent meeting with Prime Minister Benjamin Netanyahu to voice his objections.The development was made possible thanks to American-born Reform Rabbi Miri Gold, who petitioned the Supreme Court in 2005 and demanded equal financing. Gold, born and raised near Detroit, heads a congregation in Kibbutz Gezer in central Israel. Like other members of the Reform movement, Gold also thinks the state shouldn't be financing religious institutions at all. But she wasn't ready to have her tax money go to the ultra-Orthodox while liberal rabbis like herself were barred."More and more Israelis are taking back their Jewish identity and realizing that Orthodoxy is not the answer," said Yizhar Hess, who heads the Israeli Conservative, or "Masorati," movement. "This is a shift that has yet to materialize in politics, where they have yet to realize that Israeli society is ready for a paradigm shift."Liberal rabbis don't expect the change to happen overnight. "It's fine with me that there is more demand now for Orthodox rabbis," Kariv said. "Give me a generation and we'll change that."____Follow Aron Heller at http://twitter.com/aronhellerap

Fatah, Hamas Still Don't Agree on Unity Government

More than a year after the unity deal in Cairo, Fatah and Hamas still can't form a unity government.
By Elad Benari First Publish: 6/18/2012, 6:45 AM

Abbas and Mashaal in Egypt
Abbas and Mashaal in Egypt
Reuters
A senior Fatah official said on Sunday that his party and Hamas have yet to agree on the names of cabinet ministers in a joint administration of independent figures.According to a report in the Bethlehem-based Ma’an news agency, Palestinian Authority Chairman Mahmoud Abbas assured earlier Sunday that the new government of independent figures will be announced in the “next few days.”Abbas and Hamas leader Khaled Mashaal were expected to meet in Cairo on June 20 to select cabinet ministers for the transitional administration, which is to sit for six months in the run up to elections, the report said.But Fatah office Secretary-General Amin Maqboul said that Egypt, the sponsor of last year's reconciliation deal to end the rival party administrations, was busy with its own presidential election, and thus no date had been set.
Hamas and Fatah have led separate governments in Gaza and in the PA-controlled areas of Judea and Samaria since they split amid bitter fighting in 2007.In May 2011, Abbas and Hamas chief Khaled Mashaal pledged in Cairo to form a government to prepare for elections within one year, but more than a year later, both parties have failed to implement the deal, with each side blaming the other for the impasse.
Mashaal and Abbas met in Doha on February 6 and hammered out an agreement for the formation of an interim government of independent technocrats.Under the terms of the deal, Abbas was to serve as head of the interim PA government, ending a bitter dispute between the two sides over who would serve as Prime Minister.However, a growing rift between Hamas' political leadership outside of Gaza and officials in the Hamas-ruled enclave over the terror group's direction resulted in sharp criticism for the agreement.
A meeting in Cairo between Mashaal and Fatah official Azzam al-Ahmed last month made no headway towards a unity government.

Sunday, June 17, 2012

Saturday, June 16, 2012

NIK PRAISES JESUS ON THE WIRE ACROSS NIAGRA FALLS

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

PSALMS 150:1-6
1  Praise ye the LORD. Praise God in his sanctuary: praise him in the firmament of his power.
2  Praise him for his mighty acts: praise him according to his excellent greatness.
3  Praise him with the sound of the trumpet: praise him with the psaltery and harp.
4  Praise him with the timbrel and dance: praise him with stringed instruments and organs.
5  Praise him upon the loud cymbals: praise him upon the high sounding cymbals.
6  Let every thing that hath breath praise the LORD. Praise ye the LORD.

THIS WAS SO AWESOME,IN 26 MINUTES NIK WALLENDA CROSSED FROM THE AMERICAN SIDE OF NIAGRA FALLS TO THE CANADIAN SIDE ON A 2 INCH ROUND WIRE.AND TO MY SURPRISE HE IS A CHRISTIAN.HE WAS PRAISING JESUS AS HE WAS GOING ACROSS ON THE WIRE SURROUNDED BY STRONG WINDS AND WATER MIST BLOWING AGAINST HIS BODY.HE SAID THE WIND WAS UNSTEADING,BUT THE MOST DIFFICULT WAS HE COULD NOT PROPERLY SEE THE WIRE AT TIMES DURING THE STEADY WIND AND WATER HITTING ON HIM AT THE MIDDLE OF THE CROSSING.THOUSANDS WERE ON BOTH SIDES OF NIAGRA FALLS CHEERING HIM ON.BUT WHAT I LOVED THE MOST WAS NIK PRAISING AND WORSHIPPING OUR JEWISH MESSIAH,KING JESUS OUR GOD AND SAVIOUR AND ONLY WAY TO SALVATION.HE HUGGED AND KISSED HIS FAMILY MEMBERS AS HE GOT FINISHED WITH THE WIRE WALK.I HAD TEARS IN MY EYES AND PRAISING JESUS MYSELF AS I HEARD THE PRAISES TO OUR MESSIAH COMING FROM NIKS MOUTH WHILE ON THE WIRE.HE JUST SEEMED SO CALM WHILE CROSSING THAT 2 INCH WIRE FOR 26 MINUTES.THANK YOU JESUS FOR USING NIK IN SUCH A GREAT WAY AND FOR WINNING SOULS TO YOU THREW HIM - THREW THIS WIRE WALK AS WELL AS PUTTING NIK IN THE RECORD BOOKS.WE GIVE YOU ALL THE PRAISE OUR JEWISH MESSIAH AND GOD.COME QUICKLY KING JESUS.

I PRAY FATHER THAT YOU SUPPLY NIK WITH ALL THE MONEY TO COVER THIS AWESOME EVENT IN HISTORY.AND I PRAY THIS FATHER IN KING JESUS PRECIOUS NAME AMEN AND AMEN....IT IS DONE.

NIK WALKED 1,500 FEET AND OUR NEW JERUSALEM HOLY CITY WERE WE WILL BE LIVING WILL BE 1,500 MILES LONG.NIK WALKED 1 FOOT FOR EVERY MILE IN HIS FUTURE HOME.THIS IS AWESOME.
http://israndjer.blogspot.ca/2012/06/new-jerusalem-were-our-mansions-will-be.html 
10:42 p.m.: He did it! Nik Wallenda walks 1,500 feet, becoming the first person to traverse Niagara Falls on a high wire. It took him just over 25 minutes.
http://abcnews.go.com/blogs/headlines/2012/06/nik-wallendas-niagara-falls-high-wire-walk-live-blog/ 

Nik Wallenda ready for Falls challenge… after running Niagara’s gauntlet of red tape

  Jun 14, 2012 – 2:07 AM ET | Last Updated: Jun 15, 2012 12:40 PM ET
REUTERS/Doug Benz
REUTERS/Doug Benz
Nik Wallenda speaks to the press in anticipation of his high wire walk on Saturday in Niagara Falls yesterday.


As a showman, Mr. Wallenda knows the value of promotion, but for this stunt, it seems the mighty Niagara has taxed the limits of his prowess even before he steps out on the wire.After last-minute glitches, the seven-tonne cable wire made it across the gorge, flown by helicopter and stretched from Terrapin Point on Goat Island, N.Y., to Table Rock, Ont.With the wire finally in place, Mr. Wallenda, 33, seemed in a brighter frame of mind, anxious to get started.“It’s almost game time,” he told reporters Wednesday.Stunting has been banned for more than a century at the falls, where daredevils of generations past made their mark. It speaks to the economic struggles the area has faced that Mr. Wallenda was given a special exemption for his spectacle after battling officials on both sides of the border.Then came the financial hurdle.The skywalk will be broadcast live on Friday on ABC in the United States and CTV in Canada, beginning at 9 p.m. ET, but the arrangements still did not deliver enough money to cover Mr. Wallenda’s costs of approximately $1.3-million.

THE WALLENDS SITE
www.nikwallenda.com
http://opalpics.com/index.aspx?cat=1&dbx=1
http://www.youtube.com/watch?feature=player_embedded&v=14lzs84WVuk

Nik Wallenda successfully completes Niagara Falls tightrope walk before spectators, television viewers

  Jun 15, 2012 – 10:20 PM ET | Last Updated: Jun 15, 2012 11:10 PM ET
(Mark Blinch/Reuters)
(Mark Blinch/Reuters)
Tightrope walker Nik Wallenda walks the high wire from the U.S. side to the Canadian side over the Horseshoe Falls in Niagara Falls, Ontario on June 15. He made it successfully across Friday night, fulfilling his lifelong dream and bringing the Wallenda family name back into the spotlight.Nik Wallenda fulfilled his lifelong dream to cross the Niagara Falls atop a tightrope, suspended 60 metres above the raging waters below.He became the first man in more than a century to cross the gorge on a high wire, and singlehandedly brought the Wallenda name back into the public consciousness.

A crowd of thousands, one of the largest ever seen in Niagara Falls, gathered on both the American and Canadian sides of the gorge.Mr. Wallenda appeared calm and steady as he walked slowly through the swirling mist during the first leg of the wire walk.“It’s a beautiful view… A dream in the making,” he said, speaking via his headset in an interview mid-walk, and broadcast on CTV.However, he said that the turbulent waters below made it difficult for him to see the tightrope sway.
“Water actually becomes a challenge because I can’t prepare for [the wire] as it moves. But so far so good.”

THE CANADIAN PRESS/Frank Gunn
Crowds push forward to get a look at Nik Wallenda's tightrope walk over Niagara Falls in Niagara Falls, Ont., on Friday, June 15, 2012
When asked about the harness – which he was required to wear by ABC, who is broadcasting his daredevil feat – that tethers him to the tightrope, he said: “I feel like a jackoff, er, jackass wearing it.”After he crossed successfully into Canada, and completed the tightrope walk, he said that he was thinking about his grandfather, Karl Wallenda, as he walked.“That’s what all this is about. Paying tribute to my ancestors and my hero, Karl Wallenda.”“This is something that no one in the world has ever done. And I’ve completed it safely. Even though I had a tether, I didn’t use it.”His father Terry Troffer, who is also his safety co-ordinator and was speaking to Mr. Wallenda through his headset throughout the walk, said he was “proud” of his son’s accomplishment.“Nik, I’m very proud of you,” he said. “You made history and made the family proud.”
Mr. Wallenda also called his grandmother, as he promised.“I promised you would be the first person I called,” he said.Mr. Wallenda also said he has the permits to cross the Grand Canyon, and that’s what he will do next.For most of the spectators grasping binoculars, taking photos and manning a sea of lawn chairs lining the lawns of the park, it was a chance to see what many described as a ”once in a lifetime opportunity.”
“I want to see history being made, the Wallenda name being brought back to the forefront,” said a Toronto man in a lawn chair, smoking a cigar.In a city renowned for its tackiness, the massive crowd lining the Canadian side for the event was surprisingly wholesome: Indian grandmothers dressed in saris, young mothers pushing strollers and Mennonite families, all earnestly hoping to see the 33-year-old daredevil succeed.“It’s not a nice sight seeing somebody falling to their death,” said spectator Sam Seepersad, from Toronto.A section of fence which was visible to Mr. Wallenda when he completed his walk is decorated with a bedsheet spray-painted with the words “You made it, Nik.”“It’s a congratulations, to let him know we care,” said Harvey Watters from Hamilton, Ont., the banner’s creator.

(John Moore/Getty Images)
A tightrope stretches over Niagara Falls into Canada from Niagara Falls, New York. Tightrope walker Nik Wallenda began his attempt Friday night to become the first person to attempt to cross directly over the falls from the U.S. into Canada.Mr. Wallenda is the seventh-generation of the Wallenda family of circus artists, and has been schooled in the family business since he was two years old. Plenty in his family have been killed or maimed by the profession, including most recently his grandfather Karl, who in 1978, tumbled to his death in front of TV cameras.“I was 14 years old when Karl fell,” said Michael Hills, a self-described daredevil fan from Southampton, Ont. His blanket on the Niagara lawn was outfitted with a handmade poster featuring a quote from the fallen Wallenda patriarch, “being on a tightrope is living; everything else is waiting.”Technically speaking, Mr. Wallenda is a “wire walker,” not a “tightrope walker.” The wire is anything but tight. Even before he took his first steps, the cable could be seen swaying in the breeze. And, like anything else near Niagara Falls, it was slick from the perpetual mist.

John Moore/Getty Images
A tour boat heads past Niagara Falls on the U.S.-Canada border June 15, 2012 as seen from from Niagara Falls, New York.Niagara Falls is downriver from a hydroelectric facility and according to one spectator, “they’re carefully controlling the flow so the mist doesn’t bother [Mr. Wallenda].”Hotel rates have skyrocketed for the occasion and the Niagara Parks Commission has bumped parking from $10 to $40. A Coca-Cola is $2.50, a bottle of water is $3, and there is not a drinking fountain in sight.
Of course, Mr. Wallenda was made to make the crossing with a piece of equipment unthinkable to his 19th century predecessors: A safety harness, demanded by broadcaster ABC. Although Mr. Wallenda had promised to keep it on, pre-walk, most spectators had hoped he would tear it off.“It kind of takes away from what he does for a living,” said spectator Judy Watters. “What are they going to do? Go out into the middle of the wire and arrest him?” said another.“He should tear it off, it’s way more badass to walk across without a harness,” said Dustin Rivait, a professional poker player from St. Catharines, Ont. Mr. Rivait knows risk – only steps from the Falls he has seen $13,000 disappear in a matter of hours. “I can appreciate risk, I am definitely one that likes to walk a thin line, but nothing like this,” he said. “Some things are just in your blood.”Below, rescue crews were on full alert in expectation that Mr. Wallenda would detach his harness and then tumble into the river. Their help was not needed.

REUTERS/Mark Blinch
Tightrope walker Nik Wallenda walks the high wire from the U.S. side to the Canadian side over the Horseshoe Falls in Niagara Falls, Ontario, June 15, 2012-Reportedly, Niagara Parks officials were wary bringing a wirewalker back to Niagara Falls fearing it could resurrect the days when amateur daredevils were routinely getting themselves killed, injured or trapped in illegal stunts off the waterway.
In 1995, a man zoomed off the falls in a jet ski, with the hare-brained plan that he would jump off, deploy a parachute and glide safely into the river below. The chute did not deploy, and a “loud bang” was the last bystanders heard of him.Nevertheless, Niagara Falls’ adventurer past still looms large in local lore. Local motel rooms are decorated with grainy black and white photos of adventurers. Three years ago, a “Daredevil Exhibit” opened next to the city’s IMAX theatre with a collection of the various barrels, metal cylinders and reinforced boats that have taken daredevils over the falls or through the adjacent whirlpool. Two of the craft, a red, white and blue barrel and a jury-rigged collection of inner tubes, killed their occupants.“One misstep of the foolhardy adventurer would have hurled him from his precarious footing and he would have disappeared from mortal eyes, until his mangled body could be picked up from below,” says a recorded voice at the museum’s wire walker exhibit.An estimated one billion television viewers tuned in to watch Mr. Wallenda’s walk, which was held after dark in order to make it as accessible to a global audience as possible. It was also one of the first international news stories out of Canada in several weeks not involving a dismemberment or murder.“He’s a guy with a stick and he got the world’s attention,” said Wayne, at The Drink Shop, just off the city’s main drag.National Post

FINANCIAL COLLAPSE AT HAND-SOONER OR LATER

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

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

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

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

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

REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
http://www.youtube.com/watch?v=9PX-vW4VccY&feature=player_embedded#!

Financial Collapse At Hand: When is “Sooner or Later”?

Post Categories: Opinion > Paul Craig Roberts
Dr. Paul Craig Roberts | Wednesday, June 6, 2012, 22:45 Beijing

Ever since the beginning of the financial crisis and Quantitative Easing, the question has been before us:  How can the Federal Reserve maintain zero interest rates for banks and negative real interest rates for savers and bond holders when the US government is adding $1.5 trillion to the national debt every year via its budget deficits?  Not long ago the Fed announced that it was going to continue this policy for another 2 or 3 years.
Indeed, the Fed is locked into the policy. Without the artificially low interest rates, the debt service on the national debt would be so large that it would raise questions about the US Treasury’s credit rating and the viability of the dollar, and the trillions of dollars in Interest Rate Swaps and other derivatives would come unglued.In other words, financial deregulation leading to Wall Street’s gambles, the US government’s decision to bail out the banks and to keep them afloat, and the Federal Reserve’s zero interest rate policy have put the economic future of the US and its currency in an untenable and dangerous position.  It will not be possible to continue to flood the bond markets with $1.5 trillion in new issues each year when the interest rate on the bonds is less than the rate of inflation.Everyone who purchases a Treasury bond is purchasing a depreciating asset. Moreover, the capital risk of investing in Treasuries is very high. The low interest rate means that the price paid for the bond is very high. A rise in interest rates, which must come sooner or later, will collapse the price of the bonds and inflict capital losses on bond holders, both domestic and foreign.
The question is: when is sooner or later?  The purpose of this article is to examine that question.
Let us begin by answering the question: how has such an untenable policy managed to last this long?
A number of factors are contributing to the stability of the dollar and the bond market. A very important factor is the situation in Europe.  There are real problems there as well, and the financial press keeps our focus on Greece, Europe, and the euro. Will Greece exit the European Union or be kicked out?  Will the sovereign debt problem spread to Spain, Italy, and essentially everywhere except for Germany and the Netherlands?Will it be the end of the EU and the euro?  These are all very dramatic questions that keep focus off the American situation, which is probably even worse.The Treasury bond market is also helped by the fear individual investors have of the equity market, which has been turned into a gambling casino by high-frequency trading.High-frequency trading is electronic trading based on mathematical models that make the decisions. Investment firms compete on the basis of speed, capturing gains on a fraction of a penny, and perhaps holding positions for only a few seconds.  These are not long-term investors. Content with their daily earnings, they close out all positions at the end of each day.High-frequency trades now account for 70-80% of all equity trades. The result is major heartburn for traditional investors, who are leaving the equity market. They end up in Treasuries, because they are unsure of the solvency of banks who pay next to nothing for deposits, whereas 10-year Treasuries will pay about 2% nominal, which means, using the official Consumer Price Index, that they are losing 1% of their capital each year.  Using John Williams’ (shadowstats.com) correct measure of inflation, they are losing far more.Still, the loss is about 2 percentage points less than being in a bank, and unlike banks, the Treasury can have the Federal Reserve print the money to pay off its bonds.  Therefore, bond investment at least returns the nominal amount of the investment, even if its real value is much lower. ( For a description of High-frequency trading, see: http://en.wikipedia.org/wiki/High_frequency_trading )The presstitute financial media tells us that flight from European sovereign debt, from the doomed euro, and from the continuing real estate disaster into US Treasuries provides funding for Washington’s $1.5 trillion annual deficits. Investors influenced by the financial press might be responding in this way.  Another explanation for the stability of the Fed’s untenable policy is collusion between Washington, the Fed, and Wall Street. We will be looking at this as we progress.Unlike Japan, whose national debt is the largest of all, Americans do not own their own public debt.  Much of US debt is owned abroad, especially by China, Japan, and OPEC, the oil exporting countries. This places the US economy in foreign hands.  If China, for example, were to find itself unduly provoked by Washington, China could dump up to $2 trillion in US dollar-dominated assets on world markets. All sorts of prices would collapse, and the Fed would have to rapidly create the money to buy up the Chinese dumping of dollar-denominated financial instruments.

The dollars printed to purchase the dumped Chinese holdings of US dollar assets  would expand the supply of dollars in currency markets and drive down the dollar exchange rate. The Fed, lacking foreign currencies with which to buy up the dollars would have to appeal for currency swaps to sovereign debt troubled Europe for euros, to Russia, surrounded by the US missile system, for rubles, to Japan, a country over its head in American commitment, for yen, in order to buy up the dollars with euros, rubles, and yen.These currency swaps would be on the books, unredeemable and  making additional use of such swaps problematical.  In other words, even if the US government can pressure its allies and puppets to swap their harder currencies for a depreciating US currency, it would not be a repeatable process.  The components of the American Empire don’t want to be in dollars any more than do the BRICS.However, for China, for example, to dump its dollar holdings all at once would be costly as the value of the dollar-denominated assets would decline as they dumped them. Unless China is faced with US military attack and needs to defang the aggressor, China as a rational economic actor would prefer to slowly exit the US dollar.  Neither do Japan, Europe, nor OPEC wish to destroy their own accumulated wealth from America’s trade deficits by dumping dollars, but the indications are that they all wish to exit their dollar holdings.Unlike the US financial press, the foreigners who hold dollar assets look at the annual US budget and trade deficits, look at the sinking US economy, look at Wall Street’s uncovered gambling bets, look at the war plans of the delusional hegemon and conclude: “I’ve got to carefully get out of this.”US banks also have a strong interest in preserving the status quo. They are holders of US Treasuries and potentially even larger holders. They can borrow from the Federal Reserve at zero interest rates and purchase 10-year Treasuries at 2%, thus earning a nominal profit of 2% to offset derivative losses. The banks can borrow dollars from the Fed for free and leverage them in derivative transactions. As Nomi Prins puts it, the US banks don’t want to trade against themselves and their free source of funding by selling their bond holdings.Moreover, in the event of foreign flight from dollars, the Fed could boost the foreign demand for dollars by requiring foreign banks that want to operate in the US to increase their reserve amounts, which are dollar based.I could go on, but I believe this is enough to show that even actors in the process who could terminate it have themselves a big stake in not rocking the boat and prefer to quietly and slowly sneak out of dollars before the crisis hits.  This is not possible indefinitely as the process of gradual withdrawal from the dollar would result in continuous small declines in dollar values that would end in a rush to exit, but Americans are not the only delusional people.The very process of slowly getting out can bring the American house down.The BRICS–Brazil, the largest economy in South America, Russia, the nuclear armed and  energy independent economy on which Western Europe ( Washington’s NATO puppets) are dependent for energy, India, nuclear armed and one of Asia’s two rising giants, China, nuclear armed, Washington’s largest creditor (except for the Fed), supplier of America’s manufactured and advanced technology products, and the new bogyman for the military-security complex’s next profitable cold war, and South Africa, the largest economy in Africa–are in the process of forming a new bank. The new bank will permit the five large economies to conduct their trade without use of the US dollar.In addition, Japan, an American puppet state since WW II, is on the verge of entering into an agreement with China in which the Japanese yen and the Chinese yuan will be directly exchanged.  The trade between the two Asian countries would be conducted in their own currencies without the use of the US dollar. This reduces the cost of foreign trade between the two countries, because it eliminates payments for foreign exchange commissions to convert from yen and yuan into dollars and back into yen and yuan.Moreover, this official explanation for the new direct relationship avoiding the US dollar is simply diplomacy speaking.  The Japanese are hoping, like the Chinese, to get out of the practice of accumulating ever more dollars by having to park their trade surpluses in US Treasuries. The Japanese US puppet government hopes that the Washington hegemon does not require the Japanese government to nix the deal with China.Now we have arrived at the nitty and gritty.  The small percentage of Americans who are aware and informed are puzzled why the banksters have escaped with their financial crimes without prosecution. The answer might be that the banks “too big to fail” are adjuncts of Washington and the Federal Reserve in maintaining the stability of the dollar and Treasury bond markets in the face of an untenable Fed policy.Let us first look at how the big banks can keep the interest rates on Treasuries low, below the rate of inflation, despite the constant increase in US debt as a percent of GDP–thus preserving the Treasury’s ability to service the debt.The imperiled banks too big to fail have a huge stake in low interest rates and the success of the Fed’s policy. The big banks are positioned to make the Fed’s policy a success.  JPMorganChase and other giant-sized banks can drive down Treasury interest rates and, thereby, drive up the prices of bonds, producing a rally, by selling Interest Rate Swaps (IRSwaps).

A financial company that sells IRSwaps is selling an agreement to pay floating interest rates for fixed interest rates. The buyer is purchasing an agreement that requires him to pay a fixed rate of interest in exchange for receiving a floating rate.The reason for a seller to take the short side of the IRSwap, that is, to pay a floating rate for a fixed rate, is his belief that rates are going to fall. Short-selling can make the rates fall, and thus drive up the prices of Treasuries.  When this happens, as the charts at http://www.marketoracle.co.uk/Article34819.html illustrate, there is a rally in the Treasury bond market that the presstitute financial media attributes to “flight to the safe haven of the US dollar and Treasury bonds.”In fact, the circumstantial evidence (see the charts in the link above) is that the swaps are sold by Wall Street whenever the Federal Reserve needs to prevent a rise in interest rates in order to protect its otherwise untenable policy.  The swap sales create the impression of a flight to the dollar, but no actual flight occurs. As the IRSwaps require no exchange of any principal or real asset, and are only a bet on interest rate movements, there is no limit to the volume of IRSwaps.This apparent collusion suggests to some observers that the reason the Wall Street banksters have not been prosecuted for their crimes is that they are an essential part of the Federal Reserve’s policy to preserve the US dollar as world currency. Possibly the collusion between the Federal Reserve and the banks is organized, but it doesn’t have to be. The banks are beneficiaries of the Fed’s zero interest rate policy.  It is in the banks’ interest to support it.  Organized collusion is not required.Let us now turn to gold and silver bullion. Based on sound analysis, Gerald Celente and other gifted seers predicted that the price of gold would be $2000 per ounce by the end of last year.  Gold and silver bullion continued during 2011 their ten-year rise, but in 2012 the price of gold and silver have been knocked down, with gold being $350 per ounce off its $1900 high.In view of the analysis that I have presented, what is the explanation for the reversal in bullion prices?  The answer again is shorting.  Some knowledgeable people within the financial sector believe that the Federal Reserve (and perhaps also the European Central Bank) places short sales of bullion through the investment banks, guaranteeing any losses by pushing a key on the computer keyboard, as central banks can create money out of thin air.Insiders inform me that as a tiny percent of those on the buy side of short sells actually want to take delivery on the gold or silver bullion, and are content with the financial money settlement, there is no limit to short selling of gold and silver. Short selling can actually exceed the known quantity of gold and silver.Some who have been watching the process for years believe that government-directed short-selling has been going on for a long time. Even without government participation, banks can control the volume of paper trading in gold and profit on the swings that they create. Recently short selling is so aggressive that it not merely slows the rise in bullion prices but drives the price down.  Is this aggressiveness  a sign that the rigged system is on the verge of becoming unglued?In other words, “our government,” which allegedly represents us, rather than the powerful private interests who elect “our government” with their multi-million dollar campaign contributions, now legitimized by the Republican Supreme Court, is doing its best to deprive us mere citizens, slaves, indentured servants, and “domestic extremists”   from protecting ourselves and our remaining wealth from the currency debauchery policy of the Federal Reserve. Naked short selling prevents the rising demand for physical bullion from raising bullion’s price.Jeff Nielson explains another way that banks can sell bullion shorts when they own no bullion. http://www.gold-eagle.com/editorials_08/nielson102411.html  Nielson says that JP Morgan is the custodian for the largest long silver fund while being the largest short-seller of silver. Whenever the silver fund adds to its bullion holdings, JP Morgan shorts an equal amount.  The short selling offsets the rise in price that would result from the increase in demand for physical silver. Nielson also reports that bullion prices can be suppressed by raising margin requirements on those who purchase bullion with leverage.  The conclusion is that bullion markets can be manipulated just as can the Treasury bond market and interest rates.
How long can the manipulations continue?  When will the proverbial hit the fan?If we knew precisely the date, we would be the next mega-billionaires.Here are some of the catalysts waiting to ignite the conflagration that burns up the Treasury bond market and the US dollar:A war, demanded by the Israeli government, with Iran, beginning with Syria, that disrupts the oil flow and thereby the stability of the Western economies or brings the US and its weak NATO puppets into armed conflict with Russia and China. The oil spikes would degrade further the US and EU economies, but Wall Street would make money on the trades.
An unfavorable economic statistic that wakes up investors as to the true state of the US economy, a statistic that the presstitute media cannot deflect.An affront to China, whose government decides that knocking the US down a few pegs into third world status is worth a trillion dollars.More derivate mistakes, such as JPMorganChase’s recent one, that send the US financial system again reeling and reminds us that nothing has changed.The list is long. There is a limit to how many stupid mistakes and corrupt financial policies the rest of the world is willing to accept from the US.  When that limit is reached,  it is all over for “the world’s sole superpower” and for holders of dollar-denominated instruments.Financial deregulation converted the financial system, which formerly served businesses and consumers, into a gambling casino where bets are not covered. These uncovered bets, together with the Fed’s zero interest rate policy, have exposed Americans’ living standard and wealth to large declines.  Retired people living on their savings and investments, IRAs and 401(k)s can earn nothing on their money and are forced to consume their capital, thereby depriving heirs of inheritance. Accumulated wealth is consumed.As a result of jobs offshoring, the US has become an import-dependent country, dependent on foreign made manufactured goods, clothing, and shoes. When the dollar exchange rate falls, domestic US prices will rise, and US real consumption will take a big hit. Americans will consume less, and their standard of living will fall dramatically.The serious consequences of the enormous mistakes made in Washington, on Wall Street, and in corporate offices are being held at bay by an untenable policy of low interest rates and a corrupt financial press, while debt rapidly builds. The Fed has been through this experience once before. During WW II the Federal Reserve kept interest rates low in order to aid the Treasury’s war finance by minimizing the interest burden of the war debt. The Fed kept the interest rates low by buying the debt issues. The postwar inflation that resulted led to the Federal Reserve-Treasury Accord in 1951, in which agreement was reached that the Federal Reserve would cease monetizing the debt and permit interest rates to rise.Fed chairman Bernanke has spoken of an “exit strategy” and said that when inflation threatens, he can prevent the inflation by taking the money back out of the banking system.  However, he can do that only by selling Treasury bonds, which means interest rates would rise. A rise in interest rates would threaten the derivative structure, cause bond losses, and raise the cost of both private and public debt service. In other words, to prevent inflation from debt monetization would bring on more immediate problems than inflation. Rather than collapse the system, wouldn’t the Fed be more likely to inflate away the massive debts?Eventually, inflation would erode the dollar’s purchasing power and use as the reserve currency, and the US government’s credit worthiness would waste away.  However, the Fed, the politicians, and the financial gangsters would prefer a crisis later rather than sooner.  Passing the sinking ship on to the next watch is preferable to going down with the ship oneself. As long as interest rate swaps can be used to boost Treasury bond prices, and as long as naked shorts of bullion can be used to keep silver and gold from rising in price, the false image of the US as a safe haven for investors can be perpetuated.
However, the $230,000,000,000,000 in derivative bets by US banks might bring its own surprises. JPMorganChase has had to admit that its recently announced derivative loss of $2 billion is more than that.  How much more remains to be seen. According to the Comptroller of the Currency the five largest banks hold 95.7% of all derivatives. The five banks holding $226 trillion in derivative bets are highly leveraged gamblers.  For example, JPMorganChase has total assets of $1.8 trillion but holds $70 trillion in derivative bets, a ratio of $39 in derivative bets for every dollar of assets. Such a bank doesn’t have to lose very many bets before it is busted.

Assets, of course, are not risk-based capital. According to the Comptroller of the Currency report, as of December 31, 2011, JPMorganChase held $70.2 trillion in derivatives and only $136 billion in risk-based capital. In other words, the bank’s derivative bets are 516 times larger than the capital that covers the bets.
It is difficult to imagine a more reckless and unstable position for a bank to place itself in, but Goldman Sachs takes the cake. That bank’s $44 trillion in derivative bets is covered by only $19 billion in risk-based capital, resulting in bets 2,295 times larger than  the capital that covers them.Bets on interest rates comprise 81% of all derivatives. These are the derivatives that support high US Treasury bond prices despite massive increases in US debt and its monetization.US banks’ derivative bets of $230 trillion, concentrated in five banks, are 15.3 times larger than the US GDP.  A failed political system that allows unregulated banks to place uncovered bets 15 times larger than the US economy is a system that is headed for catastrophic failure.  As the word spreads of the fantastic lack of judgment in the American political and financial systems, the catastrophe in waiting will become a reality.Everyone wants a solution, so I will provide one. The US government should simply cancel the $230 trillion in derivative bets, declaring them null and void.  As no real  assets are involved, merely gambling on notional values, the only major effect of closing out or netting all the swaps (mostly over-the-counter contracts between counter-parties) would be to take $230 trillion of leveraged risk out of the financial system.The financial gangsters who want to continue enjoying betting gains while the public underwrites their losses would scream and yell about the sanctity of contracts. However, a government that can murder its own citizens or throw them into dungeons without due process can abolish all the contracts it wants in the name of national security.  And most certainly, unlike the war on terror, purging the financial system of the gambling derivatives would vastly improve national security.Dr. Roberts was Assistant Secretary of the US Treasury, Associate Editor of the Wall Street Journal, columnist for Business Week, and professor of economics.  His book, Economies In Collapse, is being published in Germany this month.

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