Tuesday, February 24, 2009

NATIONALIZATION BIT BY BIT

STORMS HURRICANES-TORNADOES

LUKE 21:25-26
25 And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity;(MASS CONFUSION) the sea and the waves roaring;(FIERCE WINDS)
26 Men’s hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken.

New England snow knocks out power, shuts schools By CLARKE CANFIELD, Associated Press Writer FEB 23,09

PORTLAND, Maine – A winter storm blew through northern New England on Monday, dumping 2 feet of snow in spots, forcing hundreds of schools to cancel classes and leaving tens of thousands of homes and businesses without power.More than 127,000 utility customers in Maine remained without electricity Monday evening after wet, heavy snow snapped tree limbs, power lines and utility poles.The Maine Emergency Management Agency said about 15 warming shelters had been set up around the state. Bangor Hydro Electric urged residents who lacked power to prepare for the possibility that it might not be restored until Wednesday.Lows for early Tuesday were forecast in the single digits in northern Maine and about 20 degrees in the south, the National Weather Service said.Gov. John Baldacci declared a state of emergency extending the hours that power crews can work to restore electricity. Baldacci, who was in Washington attending a National Governors Association conference, decided to return to Maine on Monday afternoon.Central Maine Power and Bangor Hydro Electric were getting help from out-of-state utilities that sent line crews to help restore service. The companies said the work was complicated by deep and heavy snow, poor road conditions and the rural locations of many outages.

Heavy snow fell across most of Maine through Monday morning, with some places reporting rates of 3 to 4 inches per hour.In Vermont, driving snow covered roads and forced the closure of northbound Interstate 89 between Waterbury and Richmond for two hours Monday because of accidents, the Vermont State Police said.We're having a hell of a time right now, said Larry Dodge, a Vermont Transportation Agency dispatcher.Several thousand customers in eastern New Hampshire also lost power, but most had their lights back on by afternoon.Hundreds of schools canceled in Maine classes for the day on what was supposed to be the first day back after a weeklong vacation. The storm caused some school closings in Vermont and New Hampshire, but many were already closed for vacation.The deepest snowfall was in the northern Maine town of Milo, which received 28 inches, according to the weather service. Other impressive amounts included 26 inches in Farmington and 25 inches in Bridgton, both in Maine. New Durham, N.H., reported 17 inches.In Milo, Tom Haley said the pile of plowed and shoveled snow outside Bailey Lumber Co. grew to 30 feet tall. Most people took the storm in stride, he said.It took just as long to shovel it out as the last time — and we're still waiting for spring, Haley said during a break from work. We've had enough.About 15 miles away, the snow piled up so fast that some of the 100,000 Christmas trees grown at the Finest Kind farm disappeared from view.The little ones are just barely peeking up through the drifts, owner Jim LaCasce said of the 3- to 4-foot trees.Ski areas were mostly thrilled with the latest storm. But the storm wasn't all good news at the Sugarbush ski area in Warren, Vt., which has received 56 inches of snow since Thursday. High winds forced it to close its lifts. But the forecast for the rest of the week is ideal, said spokesman JJ Toland.We're crying into our Gore-Tex today, Toland said Monday. We'll be smiling ear to ear tomorrow.Associated Press writers Wilson Ring in Montpelier, Vt., and Holly Ramer in Concord, N.H., contributed to this report.

HOMOSEXUALS.

GENESIS 19:5
5 And they called unto Lot, and said unto him, Where are the men which came in to thee this night? bring them out unto us, that we may know them.

ROMANS 1:18-32
18 For the wrath of God is revealed from heaven against all ungodliness and unrighteousness of men, who hold the truth in unrighteousness;
19 Because that which may be known of God is manifest in them; for God hath shewed it unto them.
20 For the invisible things of him from the creation of the world are clearly seen, being understood by the things that are made, even his eternal power and Godhead; so that they are without excuse:
21 Because that, when they knew God, they glorified him not as God, neither were thankful; but became vain in their imaginations, and their foolish heart was darkened.
22 Professing themselves to be wise, they became fools,
23 And changed the glory of the uncorruptible God into an image made like to corruptible man, and to birds, and fourfooted beasts, and creeping things.
24 Wherefore God also gave them up to uncleanness through the lusts of their own hearts, to dishonour their own bodies between themselves:(HOMOSEXUALITY,AND ALL SEX SINS)
25 Who changed the truth of God into a lie, and worshipped and served the creature more than the Creator, who is blessed for ever. Amen.
26 For this cause God gave them up unto vile affections: for even their women did change the natural use into that which is against nature:(LESBIENS)
27 And likewise also the men, leaving the natural use of the woman, burned in their lust one toward another; men with men working that which is unseemly,(SODOMITES) and receiving in themselves that recompence of their error which was meet.(AIDS ETC)
28 And even as they did not like to retain God in their knowledge, God gave them over to a reprobate mind, to do those things which are not convenient;
29 Being filled with all unrighteousness, fornication, wickedness, covetousness, maliciousness; full of envy, murder, debate, deceit, malignity; whisperers,
30 Backbiters, haters of God, despiteful, proud, boasters, inventors of evil things, disobedient to parents,
31 Without understanding, covenantbreakers, without natural affection, implacable, unmerciful:
32 Who knowing the judgment of God, that they which commit such things are worthy of death, not only do the same, but have pleasure in them that do them.

NOTICE HOW THE SODOMITE RAINBOW GROUP IS WORKING TOWARDS WOMEN BY GOING THROUGH HOLLYWOOD TO GET THE WOMEN SUCKED INTO THERE GODLESS SODOMITE RIGHTS.

ACADEMY AWARDS 2009 Oscars turn into blatant homosex-fest,You will have equal rights federally across this great nation of ours February 22, 2009 10:37 pm Eastern By Joe Kovacs 2009 WorldNetDaily

Dustin Lance Black

The Oscar winner for best original screenplay used his acceptance speech as a pro-homosexual soapbox tonight, promoting same-sex marriage and federal equal rights for gays and lesbians.Dustin Lance Black won his Academy Award for writing Milk, the story of Harvey Milk, the first openly homosexual man to be elected to major public office in America. Milk was portrayed by Sean Penn in the film set in San Francisco in the 1970s. Penn was awarded the Oscar for best actor.

The emotional Black stated in his acceptance speech:

When I was 13 years old, my beautiful mother and my father moved me from a conservative Mormon home in San Antonio, Texas to California, and I heard the story of Harvey Milk. And it gave me hope. It gave me the hope to live my life. It gave me the hope one day I could live my life openly as who I am and then maybe even I could even fall in love and one day get married.I wanna thank my mom, who has always loved me for who I am even when there was pressure not to. But most of all, if Harvey had not been taken from us 30 years ago, I think he'd want me to say to all of the gay and lesbian kids out there tonight who have been told that they are less than by their churches, by the government or by their families, that you are beautiful, wonderful creatures of value and that no matter what anyone tells you, God does love you and that very soon, I promise you, you will have equal rights federally, across this great nation of ours.Thank you. Thank you. And thank you, God, for giving us Harvey Milk.Sean Penn also promoted the homosexual agenda during his own acceptance speech for best actor, saying, We've got to have equal rights for everyone.He first addressed the audience as You Commie homo-loving sons of guns.

GALATIONS 5:19-21
19 Now the works of the flesh are manifest, which are these; Adultery, fornication, uncleanness, lasciviousness,
20 Idolatry, witchcraft, hatred, variance, emulations, wrath, strife, seditions, heresies,
21 Envyings, murders, drunkenness, revellings, and such like: of the which I tell you before, as I have also told you in time past, that they which do such things shall not inherit the kingdom of God.

SINS OF PEOPLE

2 TIMOTHY 3:1-5
1 This know also, that in the last days perilous times shall come.
2 For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy,
3 Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good,
4 Traitors, heady, highminded, lovers of pleasures more than lovers of God;
5 Having a form of godliness, but denying the power thereof: from such turn away.
6 For of this sort are they which creep into houses, and lead captive silly women laden with sins, led away with divers lusts,
7 Ever learning, and never able to come to the knowledge of the truth.

DECIEVERS WAXING WORSE AND WORSE.

2 TIMOTHY 3:13
13 But evil men and seducers shall wax worse and worse, deceiving, and being deceived.

MORE SIN SIGNS

EPHESIANS 5:5-8
5 For this ye know, that no whoremonger, nor unclean person, nor covetous man, who is an idolater, hath any inheritance in the kingdom of Christ and of God.
6 Let no man deceive you with vain words: for because of these things cometh the wrath of God upon the children of disobedience.
7 Be not ye therefore partakers with them.
8 For ye were sometimes darkness, but now are ye light in the Lord: walk as children of light.

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

Bitter at No Oscar Nod, Bill Maher Attacks Our Silly Gods on Oscar Show
By Tim Graham (Bio | Archive)February 23, 2009 - 07:29 ET


The Oscar folks selected Bill Maher to hand out the Best Documentary awards on ABC on Sunday night (his old TV home before he mocked our cowardly pilots six days after 9/11), and he was quick to note his film Religulous was not among the nominated. He suggested it wasn't because he made a junky film, but because the topic was too controversial:Now as a producer and a star of my own documentary this year, the one about religion that didn't get nominated. I know, it's a touchy subject. But someday, we all have to confront the notion that our silly gods cost the world too greatly. But there I go, ruining the ending.But if the topic was too controversial to be even nominated, let alone win, why was Maher allowed to come out and spew his atheism on ABC? Perhaps Maher should have pondered that he might be the opposite of Sally Field. It's not about God. It's about you. They don't like you. They really, really don't like you.Maher tried not to sound bitter as he hailed documentarians as our windows on the world (cliche alert) and claimed They give us the truth.That is a very broad brush, like saying every comedy movie is funny.

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

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

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

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

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

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

HALF HOUR DOW RESULTS TUE FEB 24,2009

09:30 AM +25.50
10:00 AM +75.40
10:30 AM +81.08
11:00 AM +102.99
11:30 AM +81.10
12:00 PM +53.32
12:30 PM +59.74
01:00 PM +91.28
01:30 PM +134.05
02:00 PM +173.47
02:30 PM +185.50
03:00 PM +191.63
03:30 PM +245.79
04:00 PM +236.16 7350.94

S&P 500 773.14 +29.81

NASDAQ 1441.83 +54.11

GOLD 965.00 -20.00

OIL 39.96 +1.52

TSE 300 7858.34 +210.67

CDNX 853.59 -25.31

S&P/TSX/60 473.55 +15.42

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -18.93%
S&P -17.70%
Nasdaq -12.00%
TSX Advances 435,declines 1,149,unchanged 251,Volume 2,394,520,398.
TSX Venture Exchange Advances 310,Declines 493,Unchanged 308,Volume 207,196,982.

Dow +55 points at 4 minutes of trading today.
Dow -1 points at low today.
Dow +125 points at high today so far.
Gold opens at $964.00,OIL opens at $38.30 today.
JPMorgan Chase:Bank slashes dividends 87%,sees profitable Q1.
Home Depot Q4 adjusted EPS $0.19 ACT Vs $0.15 ESTIMATE.
Target misses Wallstreet Estimates as Q4 profits fall 41%.
Macy's Q4 profits beat expectations,maintains 2009 outlook.
RadioShack shares fall on weaker than expected Q4 earnings.
Heinz reaffirms fiscal 2009 outlook,Q3 net income up 11% to $0.76/share.
News Corp says PRES Chernin will step down on June 30,2009.

MAJOR CITI HOLDERS
State street 4.5%
Barclay's 4.35%
Prince Al-Waleed 4.0%
Capital world investors 3.83%
Vanguard 3.17%

AFTERNOON,NEWS,STATS
Dow -1 points at low today so far.
Dow +174 points at high today so far.
Stocks have dropped almost 8%,last 6 sessions.
Stocks rally to days highs so far today.
Dow on track to break 3 day losing streak.
S&P,Nasdaq on track to break 6 day losing streaks.
Financials gain ground today.

CNBC VIDEO ON NATIONALIZATION
http://www.cnbc.com/id/15840232?video=1043778961
http://www.cnbc.com/id/15840232?video=1043734882
HARPER OB KUDLOW
http://www.cnbc.com/id/15840232?video=1043703424
CAN CHINA FUND THE US
http://www.cnbc.com/id/15840232?video=1043456113
http://www.cnbc.com/id/15840232?video=1043417169

DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 2,121,declines 1,573,unchanged 114,New Highs 2,New Lows 387.
Volume 3,108,862,597.
NASDAQ Advances 1,582,declines 1,017,unchanged 148,New highs 3,New Lows 245.
Volume 876,458,330.
TSX Advances 403,declines 956,unchanged 234,Volume 1,352,264,226.
TSX Venture Exchange Advances 172,Declines 421,Unchanged 296,Volume 115,384,244.

WRAPUP,NEWS,STATS
Dow -1 points at low today.
Dow +263 points at high today.
Dow +3.32% today Volume 467,962,350.
Nasdaq +3.90% today Volume 2,147,483,648.
S&P 500 +4.01% today Volume N/A
Dow 52-wk range 7,105.95 - 113,136.69
Nas 52-wk range 1,295.48 - 2,551.47
S&P 52-wk range 741.02 - 1,440.22

Nationalization, Bit By Bit Posted By: Lee Brodie
VIDEO http://www.cnbc.com/id/29331308
Sectors:Financial Services Companies:Bank of America Corp | Citigroup Inc


Whispers on the Street suggest Citigroup [C 2.14 0.19 (+9.74%) ] is on the brink of giving the U.S. government a larger stake in its business. And even if the government lacks voting control, the move could be the equivalent of a nationalization. Although it’s purely speculation, investors liked what they heard. Shares of Citi surged higher. However, the move is not without critics. One highly followed analyst, Fox-Pitt Kelton’s David Trone wrote. If Citi is nationalized, all bank stocks are likely to get crushed in fear.The reasoning is -- the larger government stake could fuel speculation that Bank of America [BAC 3.91 0.12 (+3.17%) ] and other lenders might need similar agreements. If that happened, shares of other lenders could fall, including relatively healthy ones.(But) we’ve got to get the bad banks out of the system and clean them up and get the securitization market going again, says former FDIC Chairman Bill Seidman on Fast Money.In the coming weeks, the Treasury Department is expected to subject banks with more than $100 billion of assets to stress tests to decide which need capital. Seidman has some ideas about how to clean up banks. Intrigued?

Expert group likely to suggest new EU bank watchdog
ANDREW WILLIS 23.02.2009 @ 19:01 CET


EUOBSERVER / BRUSSELS - A report out on Wednesday (25 February) will likely call for the setting up of a new European agency to regulate financial institutions within the EU.It will call for deep institutional change predicts Karel Lannoo, chief executive officer with the Centre for European Policy Studies, a Brussels based think-tank. The chair of the CEPS board, Onno Ruding, sits on the group tasked with issuing the report.Mr Lannoo, who specialises in the field of financial regulation, said the report would call for a single agency modelled on the European Monetary Institute of 1992 ... to lay the basis for the creation of a new European system of financial supervisors.The European Monetary Institute was the forerunner to the European Central Bank and encouraged co-operation between member-state central banks ahead of the creation of the ECB. The group drafting the report is headed by former International Monetary Fund chairman Jacques de Larosiere. It was mandated last October by commission President Jose Manuel Barroso to devise ideas for a new financial regulatory framework for Europe. While a number of ECB board members have suggested over the last month that they would be happy to take on a regulatory role in addition to their existing inflation-fighting tasks, the report is likely to suggest that the new agency be separate from the ECB. A commission spokesperson said on Monday that the group was still working on the final draft. They are working late nights on this,the official said. It is extremely complicated.

Struggle ahead

However, Mr Lannoo feels that the chances of EU leaders agreeing on a European solution are slim, pointing to comments made by EU leaders from the major economies at a mini-summit held in Berlin on Sunday that was supposed to cobble together a common front of the European G8 members heading into the April G20 meeting on the global economic crisis in London.If you look at the content of what they were saying, no one referred at any point to the Larosiere group or European structural reform. It's all the IMF and global solutions. No one said specifically we need a European answer.Certainly the Larosiere report will meet with a very hard fight, he continued. Speaking in the European parliament earlier this month however, Czech finance minister Miroslav Kalousek stressed that the EU should not wait for a global solution.Comments made by Czech Prime Minister Mirek Topolanek, in Berlin in his country's capacity as current holder of the six-month rotating EU presidency, to AFP reporters during his flight home also suggest that despite the unified front at Sunday's meeting, large divisions still exist between different member states.

The EU is home to 57 per cent of global banking assets, the highest stake held by any one region. Likewise, the largest 45 cross-border financial institutions in the EU hold over 70 per cent of deposits in the 27-country bloc.Current regulation of the financial sector within the EU is carried out at national level by local authorities. Some co-ordination between these authorities is carried out by colleges of supervisors made up of national regulatory officials. However, decisions made by these colleges are non-binding and current regulation of the sector is extremely heterogeneous, varying from state to state. Subsidiarity says you should only act at the European level if it cannot be done better at the national level. In this case you can achieve much better supervision at the European level, says Mr Lannoo.

Expert group members include Lehman, Citibank big-wigs

Critics of the EU do not need to look as far as the impending squabble at council level regarding the group's report. Instead they point to the Larosiere group as a simple continuation of a financial regime of greedy bankers and inefficient regulators that led to the financial crisis in the first place. The group is made up of eight members, including the chairman. Of these, Rainer Masera is a former managing director and chairman of Lehman Brother's financial institutions group in Italy. Onmo Ruding is a former vice-chairman of Citibank and Sir Callum McCarthy is the former chairman of the Financial Services Authority in the UK. The group's concentration of banking bigwigs - in many quarters viewed as the very individuals responsible for the mess - will likely upset some of the sectors hardest hit by the crisis. At the same time however, others will argue that it would be hard to come up with a similar group with the necessary financial experience that did not include bankers.The report will likely form an important part of the commission contribution to the European council meeting on 19-20 March.Depending on its reception there, some components may yet make it to the G20 table on 2 April.

Commission consults unions, business amid fears of unrest
HONOR MAHONY 23.02.2009 @ 18:06 CET


EUOBSERVER / BRUSSELS – With EU under threat of rising social unrest as citizens feel the effects of the economic crisis, the European Commission has for the first time ever invited business and social representatives to attend one of its normally private weekly meetings.The meeting (25 February) comes as several member states – including France, the UK, Ireland, Latvia, Bulgaria, Lithuania and Greece – have seen protests by thousands of workers, civil servants, farmers, youth and other citizens - furious at governments' handling of the crisis. One of the issues to be discussed at the Wednesday tête-à-tête will be the Posted Worker's Directive, a law saying that workers temporarily posted to another member state must be employed under the same rules as locals.But a gap in the law means that companies, while obliged to pay the local minimum wage, may bypass local collective agreements on wages. Recent rulings by the European Court of Justice have interpreted the law in a way that favours the smooth running of the internal market.These rulings have been seen by trade unions and politicians on the left as coming at the expense of workers' rights. Trade unions now want the law revised to better protect workers.

John Monks, head of the European Trade Union Confederation, said he would be raising these issues when he meets the 27 commissioners. He has also said he is disappointed that the commission has not put the issue as a policy priority for 2010.This law was recently the subject of protests at a UK oil refinery. The owner of the refinery had decided to employ Italian workers to carry out a construction project prompting a strike among British workers, which quickly spread to other refineries.But Mr Monk's message is set to clash with that of Ernest-Antoine Seilliere, the head of the employers' federation, Business Europe.The organisation recently sent a letter to European Commission chief Jose Manuel Barroso in defence of the legislation.It said it remained convinced that the law provided adequate protection to workers and ensures fair competition in the internal market. The letter urged the legislation not to be revised.The split highlights a growing schism in Europe, also reflected at a government level, about the extent to which governments should regulate to control the fall-out of the economic crisis.So far, the commission has said it will not tweak the workers' directive. It has also tried to stay steer the EU on a course that upholds the good functioning of the internal market, even as member states chip away at it with measures designed to help domestic industry, particularly the car sector.

FACTBOX-EU moves into top gear on financial regulationBy: AFX | 23 Feb 2009 | 09:16 AM ET Feb 23 (Reuters

- The European Union is moving into top gear on financial regulation reform as part of global efforts to apply lessons from the credit crunch and make markets safer for investors. There is a race to adopt key proposals before the European Parliament holds elections in June and a new European Commission takes up the reins by year end. Most proposals depend on joint approval from parliament and EU states to become law. The following are the main regulatory steps underway or anticipated in coming weeks as part of wider, global efforts to reform financial markets, the topic of a G20 summit in London on April 2. BANK CAPITAL RULES EU states have adopted a preliminary reform of the bloc's bank capital requirements or Basel II rules that will introduce a tougher regime for selling securitised products. Parliament is set to vote in committee on March 9 and chances of a joint deal in April look good so far. Once adopted, a second wave of reform will be proposed in the summer that will likely include the introduction of simpler leverage caps and tougher capital requirements on trading books.

CREDIT RATING AGENCIES A draft law that will make registration and direct oversight of credit rating agencies by national securities watchdogs mandatory is now being adopted by EU states and the European Parliament. Hopes of a final deal in April look quite good. FINANCIAL SUPERVISION A high-level group headed by former Bank of France Governor Jacques de Larosiere is to put forward recommendations for introducing cross-border financial supervision in the EU on Feb. 25. The European Commission will use the recommendations to form outline proposals for a summit of EU leaders on March 19-20 aimed at giving political momentum for a more detailed reform. The European Central Bank wants a core role in supervising systemic risk among banks. INSURANCE The Solvency II rules are a sweeping overhaul of how the bloc's insurers ensure they have enough capital to cover risks on their books and how cross-border groups are supervised. EU states have adopted the reform in principle after scrapping a provision that a cross-border group's home supervisor would have the last word on EU-wide solvency capital levels. A parliamentary committee has adopted a text which includes this provision, though diluted to some extent. Negotiations between the two institutions are proving difficult, making a deal by April unsure. HEDGE FUNDS AND PRIVATE EQUITY The European Commission holds a hearing on potential future regulation for the two sectors on Feb. 26-27 before outlining its thinking on appropriate legislative proposals in a broader financial services regulation paper on March 4. CREDIT DERIVATIVES The European Commission has already begun a broad analysis of the derivatives market in the medium term but in the short term wants central clearing of off-exchange traded credit derivatives this year. Under the threat of legislation, banks and dealers last week agreed to centrally clear their European credit defaults swaps from July to improve transparency and cut risk.

RETAIL INVESTMENTS The European Commission is due to publish a White Paper on product transparency and distribution of retail products. It may include a draft directive giving the same type of protection to consumers whether they buy a product directly from an insurer or through an intermediary. ACCOUNTING EU has already forced through an easing of the fair value accounting rule used by the bloc's 8,000 listed companies. The European Commission is mulling what other changes could be made to avoid the impact of the credit crunch being exacerbated. REMUNERATION The EU adopted guidelines in 2004 on how shareholders can have more of a say over how company executives are remunerated but it does not address what the Commission sees as a need to link bonuses with the risks involved. European Commission President Jose Manuel Barroso told a German newspaper at the weekend that proposals to set up a system that removes the rewarding of failure and the lust for quick profits will be presented in April or May after an initial discussion next month with EU leaders. TOXIC DEBT Work continues on thrashing out a set of guidelines for EU states on how a bad bank could operate in terms of valuing toxic debt and ensuring the EU competition and internal market rules are not distorted. (Reporting by Huw Jones, editing by Andy Bruce) Keywords: EU FINANCIAL/REGULATION (Reuters messaging: huw.jones.reuters.com@reuters.net; + 32 2 287 6817; huw.jones@thomsonreuters.com) Thomson Reuters 2009.

Barroso – Merkel : Introductory remarks by President Barroso at a joint press point Reference: SPEECH/09/71 Date: 19/02/2009
Berlin , 19 February 2009 We had a very good and constructive meeting.

The world has been hit hard by the crisis. The crisis will take time to fix. But we can fix it. We have learned the lessons of the past and we have the right institutions, instruments and policies.But only if we work together and not against each other, we can ensure that we emerge in better shape, ready to take full advantage of the upturn. We must use the strength of a European approach, the strength of coordination among our 27-member European Union, the strength of our Internal Market, of the Euro. Our common European achievements are the source of growth, employment and prosperity.I am very pleased that Germany and Angela Merkel fully shares this view.Our unique European experience is also helping us to build a vision not only for Europe, but also for the world. The meeting of European G20 leaders this Sunday here in Berlin will be an important step in developing a clear and united European position for the G20 summit in London on 2 April.I believe as much as Angela Merkel that the G20 must deliver on the pledges made in Washington in November 2008.In our meeting today we also discussed the implementation of the European Economic Recovery Plan including the money available to promote new European initiatives in terms of energy interconnections, carbon capture and storage, and other important European projects.Our concern for the stabilisation of the financial markets and economic recovery will lead us to further concrete proposals in the near future, for example on hedge funds, private equity, impaired assets and executive pay. We are looking at all elements of the crisis, including what we can do in terms of economic stimulus and supervision and regulationThe Commission will also work together with Member States to limit the broader social impact of the crisis, accompany restructuring and support vulnerable populations across the EU.

For this reason I suggested a few days ago and it was accepted by the Czech Presidency of the European Council to hold a European Employment summit in May. It will be a very important occasion because I believe that we have to address not only the financial problems, but also the social problems.Wir müssen nun an allen Fronten zügig und bestimmt voran gehen. Ich bin sicher, dass Deutschland ein verlässlicher und europäischer Partner bleiben wird. Deutschland spielt eine Schlüsselrolle für die Überwindung dieser Krise. Es geht jetzt um die optimale Abstimmung der nationalen, europäischen und globalen Massnahmen. Gemeinsam wollen wir den Bürgerinnen und Bürgern zeigen, dass uns ihr Wohlergehen, ihre Zukunft und ihre Jobs besonders am Herzen liegen. Eines aber will ich ganz klar sagen: Protektionismus ist nicht unsere Antwort auf die Krise. Abschottung der Markte wird die Krisis nur verschärfen.Ich bin froh, dass dies auch die Position der deutschen Bundeskanzlerin ist.Die Europäische Kommission wird ihre Verantwortung voll wahrenehmen und Europas offene und soziale Marktwirtschaft gegen jeden Protektionismus verteidigen.

Wednesday 25 February: Recommendations of the De Larosière Group for reinforcing financial supervision

The news:

The high level expert group on EU financial supervision chaired by Jacques de Larosière will present its report to President Barroso and to the Commission.

Taking account of the group's recommendations, the Commission will on 4 March set out its view of the way forward, as part of its package of proposals to the Spring European Council on 19-20 March.This contribution to the Spring European Council will also cover an initial progress report on the European Economic Recovery Plan and initial proposals on the EU position for the G20 summit in London on 2 April.

The background:

The high level expert group on EU financial supervision chaired by Jacques de Larosière was set out by José Manuel Barroso on October 2008.The Group is requested to make proposals to strengthen European supervisory arrangements covering all financial sectors, with the objective to establish a more efficient, integrated and sustainable European system of supervision.

In particular the group should consider:

how the supervision of European financial institutions and markets should best be organised to ensure the prudential soundness of institutions, the orderly functioning of markets and thereby the protection of depositors, policy-holders and investors;how to strengthen European cooperation on financial stability oversight, early warning mechanisms and crisis management, including the management of cross border and cross sectoral risks;how supervisors in the EU's competent authorities should cooperate with other major jurisdictions to help safeguard financial stability at the global level.

The event:

The high level expert group on EU financial supervision chaired by Jacques de Larosière will present its report to President Barroso and to the Commission.Press event to be confirmed.Ebs coverage tbc

The sources:Remarks by President Barroso following the appointment of Jacques de Larosière (FR):http://ec.europa.eu/commission_barroso/president/pdf/press_20081022_fr.pdf
IP/08/1679 - High Level Expert Group on EU financial supervision to hold first meeting on 12 November.President Barroso 's website:
http://ec.europa.eu/commission_barroso/president/index_en.htm

Monday 23 February: Strategy for disaster prevention

The news:

The Commission will adopt a Communication on a strategy to prevent natural and man-made disasters. The Communication will outline a series of possible measures to improve disaster prevention, and look at options at the European level.

The background:

There has been a marked increase in the number and severity of natural and man-made disasters in the EU 27 since 1990, and many of these disasters have affected several member states at the same time. Such disasters are often related to climate change. While the EU has some instruments to prevent disasters, a more comprehensive approach is needed.This Communication will examine the scope for EU action regarding the prevention of disasters and identify measures that could be included in such a strategy.The strategy would help improve the knowledge base regarding disasters and their impacts, improve links between the relevant actors and policies, improving the use of Community funds, and map risks.

The event:

Adoption of a communication on strategy for disaster prevention.

The sources:

European Commission's website on Civil Protection

http://ec.europa.eu/environment/civil/prevention_overview.htm

Commissioner Dimas' website:
http://ec.europa.eu/commission_barroso/dimas/index_en.htm

Monday, February 23, 2009

MINI EU BANKING MEETING

AMERICA (POLITICAL BABYLON)

EZEKIEL 39:21
21 And I will set my glory among the heathen, and all the heathen shall see my judgment that I have executed, and my hand that I have laid upon them.

ISAIAH 18:1-2
1 Woe to the land shadowing with wings, which is beyond the rivers of Ethiopia:
2 That sendeth ambassadors by the sea, even in vessels of bulrushes upon the waters, saying, Go, ye swift messengers, to a nation scattered and peeled, to a people terrible from their beginning hitherto; a nation meted out and trodden down, whose land the rivers have spoiled!

JEREMIAH 50:11,37,12
11 Because ye were glad, because ye rejoiced, O ye destroyers of mine heritage, because ye are grown fat as the heifer at grass, and bellow as bulls;(BACKSLIDERS)
37 A sword is upon their horses, and upon their chariots, and upon all the mingled people that are in the midst of her; and they shall become as women: a sword is upon her treasures; and they shall be robbed.(A NATION OF MINGLED PEOPLE)
12 Your mother shall be sore confounded; she that bare you shall be ashamed:(MOTHER ENGLAND) behold, the hindermost of the nations shall be a wilderness, a dry land, and a desert.

JEREMIAH 51:13,7,53
13 O thou that dwellest upon many waters, abundant in treasures, thine end is come, and the measure of thy covetousness.
7 Babylon hath been a golden cup in the LORD's hand, that made all the earth drunken: the nations have drunken of her wine; therefore the nations are mad.
53 Though Babylon should mount up to heaven, and though she should fortify the height of her strength, yet from me shall spoilers come unto her, saith the LORD.

REVELATION 18:3,5,7
3 For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.
5 For her sins have reached unto heaven, and God hath remembered her iniquities.
7 How much she hath glorified herself, and lived deliciously, so much torment and sorrow give her: for she saith in her heart, I sit a queen, and am no widow, and shall see no sorrow.

JEREMIAH 50:3,24
3 For out of the north there cometh up a nation against her, which shall make her land desolate, and none shall dwell therein: they shall remove, they shall depart, both man and beast.
24 I have laid a snare for thee, and thou art also taken, O Babylon, and thou wast not aware: thou art found, and also caught, because thou hast striven against the LORD. (RUSSIA A SNEAK ATTACK)

REVELATION 18:10
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.

VIDEO TO THIS STORY
http://wnd.com/index.php?fa=PAGE.view&pageId=89612

VIDEONETDAILY Alan Keyes: Stop Obama or U.S. will cease to exist. Claims communist usurper plunges country into chaos February 21, 2009 10:00 pm Eastern By Drew Zahn 2009 WorldNetDaily

Alan Keyes

Alan Keyes, a 2008 presidential candidate who is also a plaintiff in one of the many lawsuits challenging Barack Obama's constitutional eligibility to occupy the Oval Office, charged at a pro-life rally that unless Obama's social and economic policies are stopped, the United States as we know it is over. Keyes' comments were part of an interview with a reporter from KHAS-TV at a fundraiser for the AAA Crisis Pregnancy Center in Hastings, Neb. Obama is a radical communist, and I think it is becoming clear. That is what I told people in Illinois and now everybody realizes it's true, said Keyes, who ran unsuccessfully against Obama for the state's open Senate seat in 2004. He is going to destroy this country, and we are either going to stop him or the United States of America is going to cease to exist.Keyes also reasserted his belief that unless the question of Obama's eligibility to serve as president is answered definitively, America may face the startling crisis of an executive branch run by a usurper.Is he president of the United States? Keyes asked the reporter of Obama. According to the Constitution, in order to be eligible for president you have to be a natural born citizen. He has refused to provide proof.

Where's the proof Barack Obama was born in the U.S. or that he fulfills the natural-born American clause in the Constitution? If you still want to see it, join more than 240,000 others and sign up now! I'm not sure he's even president of the United States,Keyes continued,neither are many of our military people now who are now going to court to ask the question,Do we have to obey a man who is not qualified under the constitution?' We are in the midst of the greatest crisis this nation has ever seen, and if we don't stop laughing about it and deal with it, we're going to find ourselves in the midst of chaos, confusion and civil war.Keyes, who stated he refuses even to refer to Obama as president, labeled the man in the Oval Office as somebody who is kind of an alleged usurper, who is alleged to be someone who is occupying that office without constitutional warrant to do so.Keyes' comments included harsh criticism of Obama's policies on immigration, abortion, and the mortgage crisis. He concluded the interview by railing against the president's push for hundreds of billions of dollars in government economic stimulus spending. We are claiming that a bankrupt government can save a bankrupt banking system, Keyes said. The fact that we have just elected an individual – who may or may not be qualified – and he presents silly ideas like this and says, Let's move forward now, and we're all acting like the laws of economics have been repealed and we can actually afford to foot the bill with money nobody's got, this is insane. It's got to lead to the collapse of our economy,Keys declared,and it's going to.

WND has reported on multiple legal challenges, including Keyes' case, that have alleged Obama does not meet the natural born citizen clause of the U.S. Constitution, Article 2, Section 1, which reads, No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President.Some claim he was not born in Hawaii, as he insists, but in Kenya. Obama's American mother, the suits contend, was too young at the time of his birth to confer American citizenship to her son under the law at the time. Other challenges have focused on Obama's citizenship through his father, a Kenyan subject to the jurisdiction of the United Kingdom at the time of his birth, thus making him a dual citizen. The cases contend the framers of the Constitution excluded dual citizens from qualifying as natural born. The Keyes case is being handled largely by Gary Kreep of the United States Justice Foundation, but others playing a key role in the legal actions include Orly Taitz of California as well as Philip Berg, both of whom already have had their arguments rejected as not worthy of hearing by the U.S. Supreme Court. Here is a partial listing and status update for some of the cases over Obama's eligibility: New Jersey attorney Mario Apuzzo has filed a case on behalf of Charles Kerchner and others alleging Congress didn't properly ascertain that Obama is qualified to hold the office of president.Philip J. Berg, a Pennsylvania Democrat, demanded that the courts verify Obama's original birth certificate and other documents proving his American citizenship. Berg's latest appeal, requesting an injunction to stop the Electoral College from selecting the 44th president, was denied.Leo Donofrio of New Jersey filed a lawsuit claiming Obama's dual citizenship disqualified him from serving as president. His case was considered in conference by the U.S. Supreme Court but denied a full hearing.Cort Wrotnowski filed suit against Connecticut's secretary of state, making a similar argument to Donofrio. His case was considered in conference by the U.S. Supreme Court, but was denied a full hearing.Former presidential candidate Alan Keyes headlines a list of people filing a suit in California, in a case handled by the United States Justice Foundation, that asks the secretary of state to refuse to allow the state's 55 Electoral College votes to be cast in the 2008 presidential election until Obama verifies his eligibility to hold the office. The case is pending, and lawyers are seeking the public's support.

Chicago attorney Andy Martin sought legal action requiring Hawaii Gov. Linda Lingle to release Obama's vital statistics record. The case was dismissed by Hawaii Circuit Court Judge Bert Ayabe.Lt. Col. Donald Sullivan sought a temporary restraining order to stop the Electoral College vote in North Carolina until Barack Obama's eligibility could be confirmed, alleging doubt about Obama's citizenship. His case was denied.In Ohio, David M. Neal sued to force the secretary of state to request documents from the Federal Elections Commission, the Democratic National Committee, the Ohio Democratic Party and Obama to show the presidential candidate was born in Hawaii. The case was denied.In Washington state, Steven Marquis sued the secretary of state seeking a determination on Obama's citizenship. The case was denied.In Georgia, Rev. Tom Terry asked the state Supreme Court to authenticate Obama's birth certificate. His request for an injunction against Georgia's secretary of state was denied by Georgia Superior Court Judge Jerry W. Baxter.California attorney Orly Taitz has brought a case, Lightfoot vs. Bowen, on behalf of Gail Lightfoot, the vice presidential candidate on the ballot with Ron Paul, four electors and two registered voters.In addition, other cases cited on the RightSideofLife blog as raising questions about Obama's eligibility include: In Texas, Darrel Hunter vs. Obama later was dismissed.In Ohio, Gordon Stamper vs. U.S. later was dismissed.In Texas, Brockhausen vs. Andrade.In Washington, L. Charles vs. Obama.

In Hawaii, Keyes vs. Lingle, dismissed.
WND senior reporter Jerome Corsi had gone to both Kenya and Hawaii prior to the election to investigate issues surrounding Obama's birth. But his research and discoveries only raised more questions.The governor's office in Hawaii said there is a valid certificate but rejected requests for access and left ambiguous its origin: Does the certificate on file with the Department of Health indicate a Hawaii birth or was it generated after the Obama family registered a Kenyan birth in Hawaii, which the state's procedures allowed at the time?

Obama's goal? Directed chaos February 23, 2009 1:00 am Eastern WND

When we think of the word chaos, normally we associate it with spontaneous acts of malcontents rebelling without a cause. But most of the chaos in the world today is what I call directed chaos – usually government-directed and with one single-minded purpose: the consolidation of power. That's the way I interpret the so-called economic stimulus legislation approved by the Democrat-controlled Congress and signed by President Obama. There is no way it will stimulate the economy. It will have the opposite effect – lengthening and deepening the economic crisis in which America finds itself. Does anyone truly believe we're in this mess because the U.S. government didn't spend enough recently? Of course not. Congress and President Bush spent money like drunken sailors. They caused this calamity because of their irresponsibility and their disregard for the Constitution. Can the cure be possibly more of the same? I don't think so. But take a look at how the money will be spent, for evidence of the cure is actually worse than the disease. Of the $800 billion in the so-called stimulus bill, only $90 billion will actually go toward things like building highways, upgrading the electrical power grid or meaningful business tax cuts. Far more, however, will be used to revive welfare as we used to know it. Some $264 billion will be directed to encouraging states to sign up more people on welfare. But it gets worse. This welfare is worse than the old one that everyone – Democrats and Republicans alike – agreed to dismantle in the 1990s. It's called the Make Work Pay program, and it includes $23 billion per year to provide up to $500 cash to low-income adults who pay no taxes. The program will mark the first time the federal government will hand out significant cash to able-bodied adults without dependent children! Does that make sense to you? Probably not.

But it has been thought out. I want you to know that. This program, along with the whole of the so-called stimulus bill, has been considered carefully. No member of Congress may have read the bill. But that bill was written by someone. The programs it creates have been in the works for years. Money is being handed out to people who helped get Obama and the Democrats elected. Groups like ACORN, the shock troops and brown shirts of their movement, are being paid off with billions of dollars. It has all been planned. And the goal is not to help the economy. The goal is to achieve chaos, because chaos leads to more government control – and that's what Obama and the Democratic Congress want more than anything. They don't believe they should be bothered with elections or dissent or any of the nuisances of a free society. They believe they deserve perpetual power, because they are part of the enlightened elite. They know socialism hasn't worked anywhere it's been tried. But they also believe they can do better. They can make it work, because they are smarter than the guys who have bungled it in the past. In the meantime, prepare for chaos. Prepare for harder times than you have seen in your lifetime. Prepare for more debt. Prepare for more redistribution of wealth, more unfairness and inequity. Prepare for one bailout after another. Prepare for more emergency legislation like the so-called stimulus bill. Prepare for unilateral executive action through presidential decision directives. Prepare for attacks on the free press and free speech. This is where we are inevitably going with the change promises by Obama. You're going to get change all right.The government is going to show you how bad it can get, so you will accept its most draconian solutions.You haven't seen anything yet.

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

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

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

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

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

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

HALF HOUR DOW RESULTS MON FEB 23,2009

09:30 AM +3.03
10:00 AM +16.17
10:30 AM -8.12
11:00 AM -61.88
11:30 AM -61.41
12:00 PM -90.00
12:30 PM -110.22
01:00 PM -165.11
01:30 PM -137.31
02:00 PM -163.04
02:30 PM -111.19
03:00 PM -207.32
03:30 PM -214.73
04:00 PM -250.89 7114.78

S&P 500 743.33 -26.72

NASDAQ 1387.72 -53.51

GOLD 994.70 -7.50

OIL 38.03 -2.00

TSE 300 7642.20 -307.79

CDNX 878.94 -13.96

S&P/TSX/60 457.79 -19.47

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -16.07%
S&P -14.75%
Nasdaq -8.61%
TSX Advances 389,declines 1,193,unchanged 234,Volume 2,746,067,748.
TSX Venture Exchange Advances 339,Declines 480,Unchanged 377,Volume 253,759,708.

Dow +63 points at 4 minutes of trading today.
Dow -39 points at low today.
Dow +76 points at high today so far.
Gold opens at $987.40 today,Oil opens at $40.50 today.

AFTERNOON,NEWS,STATS
Dow -165 points at low today so far.
Dow +76 points at high today so far.

DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 903,declines 2,814,unchanged 91,New Highs 6,New Lows 309.
Volume 3,253,125,074.
NASDAQ Advances 783,declines 1,837,unchanged 130,New highs 2,New Lows 224.
Volume 822,121,042.
TSX Advances 487,declines 831,unchanged 282,Volume 1,251,175,649.
TSX Venture Exchange Advances 230,Declines 330,Unchanged 264,Volume 107,449,651.

Dow drops below 7200 points today.
Dow falls below closing lows set in 2002.
Dow on track for lowest close since MAY 1997.
S&P 500 tests NOV lows.
OIL drops below $40.00 on economic woes.

WRAPUP,NEWS,STATS
Dow -260 points at low today.
Dow +76 points at high today.
Dow -3.40% today Volume 405,707,821.
Nasdaq -3.71% today Volume 1,866,024,655.
S&P 500 -3.47% today Volume N/A
Dow,S&P 500 close at 11 year lows.
Dow,S&P 500,Nasdaq down about 3.5% today.
Dow closes at level not seen since MAY 7,1997.
S&P 500 down 10% over last 6 sessions.
S&P 500 ends at lowest level since APR 11,1997.
S&P 500 ALL sectors lower today.
Nasdaq still above closing lows set last NOVEMBER.
LATIMES:News COR President Chernin is leaving company.

BANKING CRISIS VIDEOS
http://www.euronews.net/en/article/17/11/2008/eu-and-the-crisis/
http://www.youtube.com/watch?v=WW1003o7ZzQ&eurl=http://video.google.com/videosearch?q=eu%20financial%20summit&um=1&ie=UTF-8&sa=N&hl=en&tab=wv&feature=player_embedded
http://video.google.com/videoplay?docid=1275907794399871469&hl=en
http://www.youtube.com/watch?v=t-Dh_vFxxX8
http://video.google.com/videosearch?q=eu%20financial%20summit&um=1&ie=UTF-8&sa=N&hl=en&tab=wv#

EU DICTATOR (WORLD LEADER)

REVELATION 17:12-13
12 And the ten horns (NATIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
13 These have one mind, and shall give their power and strength unto the beast.

REVELATION 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse:(PEACE) and he that sat on him had a bow;(EU DICTATOR) and a crown was given unto him:(PRESIDENT OF THE EU) and he went forth conquering, and to conquer.(MILITARY GENIUS)

REVELATION 13:1-10
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.(DICTATOR COMES FROM NEW AGE OR OCCULT)
3 And I saw one of his heads as it were wounded to death;(MURDERERD) and his deadly wound was healed:(COMES BACK TO LIFE) and all the world wondered after the beast.(THE WORLD THINKS ITS GOD IN THE FLESH, MESSIAH TO ISRAEL)
4 And they worshipped the dragon (SATAN) which gave power unto the beast:(JEWISH EU DICTATOR) and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?(FALSE RESURRECTION,SATAN BRINGS HIM TO LIFE)
5 And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months.(GIVEN WORLD CONTROL FOR 3 1/2YRS)
6 And he opened his mouth in blasphemy against God,(HES A GOD HATER) to blaspheme his name, and his tabernacle, and them that dwell in heaven.(HES A LIBERAL OR DEMOCRAT,WILL PUT ANYTHING ABOUT GOD DOWN)
7 And it was given unto him to make war with the saints,(BEHEAD THEM) and to overcome them: and power was given him over all kindreds, and tongues, and nations.(WORLD DOMINATION)
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.(WORLD DICTATOR)
9 If any man have an ear, let him hear.
10 He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword. Here is the patience and the faith of the saints.(SAVED CHRISTIANS AND JEWS DIE FOR THEIR FAITH AT THIS TIME,NOW WE ARE SAVED BY GRACE BUT DURING THE 7 YEARS OF HELL ON EARTH, PEOPLE WILL BE PUT TO DEATH (BEHEADINGS) FOR THEIR BELIEF IN GOD (JESUS) OR THE BIBLE.

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

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

DANIEL 9:26-27
26 And after threescore and two weeks shall Messiah be cut off, but not for himself: and the people of the prince that shall come (ROMANS IN AD 70) shall destroy the city and the sanctuary;(ROMANS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.
27 And he( EU ROMAN, JEWISH DICTATOR) shall confirm the covenant with many for one week:( 7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,( 3 1/2 YRS) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.

WORLD GOVERNMENT

DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.

DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.

REVELATION 13:1-3,7,8,12,16-18
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.

EU leaders back sweeping financial regulations ahead of G20 summit
Sun Feb 22, 12:32 PM By Patrick Mcgroarty, The Associated Press


BERLIN - European leaders backed sweeping new regulations for financial markets and hedge funds at a summit Sunday in Berlin as politicians and countries scrambled to tame the global economic crisis. German Chancellor Angela Merkel hosted heads of state and finance ministers from Europe's largest economies to try to establish a common European position on economic reforms before an April 2 summit in London of the Group of 20 countries. All financial markets, products and participants including hedge funds and other private pools of capital which may pose a systematic risk must be subjected to appropriate oversight or regulation, Merkel said in a statement released on behalf of the summit members, following the talks. Top officials from Britain, France, Germany, Italy, Luxembourg, Spain, the Netherlands and Czech Republic agreed on seven key points during their one-day meeting in Berlin, the statement said. A clear message and concrete action are necessary to engender new confidence in the markets and to put the world back on a path toward more growth and employment, Merkel said. But the call for blanket global regulation was sure to be resisted by the financial industry and may not be welcomed completely by other members of the G20, which in addition to European countries includes Canada, Japan and the United States as well as developing countries like China, India and Brazil.European leaders backed Merkel's call for a charter of sustainable economic activity to reduce economic imbalances and stabilize financial markets.

The charter would subject all financial market activities around the globe to regulation, including credit rating agencies. Merkel said the charter would be based on market forces but prevent excess and ultimately lead to the establishment of a global governance (WORLD GOVERNMENT) structure.The leaders also agreed to strengthen the International Monetary Fund and to support doubling its funds. British Prime Minister Gordon Brown said the IMF needs some $500 billion and called for a global new deal to be adopted to help right the world economy. The IMF's resources must be doubled to enable it to help its members swiftly and flexibly when they experience difficulties with respect to their balance of payments,Merkel said. Other key points included adopting sanctions to safeguard against tax havens and urging banks to keep larger reserves of capital. Officials said a final copy of the summit agreement would not be circulated Sunday, in order to allow European Union members not present to view it first.The ideas were based on an agenda adopted by the G20 in November and will be taken up by the European Council on March 19-20, then presented to the G20 meeting in London.U.S. President Barack Obama and other top world leaders are scheduled to attend the summit.

AMEICAN FORM OF GOVERNMENT VIDEO
http://www.youtube.com/watch?v=GGk6LG0GA4A&eurl=http://britanniaradio.blogspot.com/2009/02/american-form-of-government.html&feature=player_embedded

THE POWER ELITE AND THE SECRET NAZI PLAN PART 1 By Dennis L. Cuddy, Ph.D.
February 23, 2009 NewsWithViews.com


[NOTE: As I’ve written many times before, the goal of the Power Elite (PE) is a World Socialist Government. Critical to coercing Americans to accept Socialism is the nationalization of key sectors of the economy, such as banking. I’ve indicated in the past that this type of coercion would be brought about by an economic crisis, such as the one we are currently experiencing. Relevant to this, Jon Meacham and Evan Thomas wrote We Are All Socialists Now (Newsweek, Feb. 16, 2009), and Matthew Richardson and Nouriel Roubini wrote Nationalize the Banks! We’re all Swedes Now! (The Washington Post, Feb. 15, 2009) which begins: The U.S. banking system is close to being insolvent, and unless we want to become like Japan in the 1990s—or the United States in the 1930s—the only way to save it is to nationalize it. Even Republican Sen. Lindsey Graham on ABC’s This Week (Feb. 15, 2009) indicated we should consider the possibility of nationalizing banks.

[And in case you think this crisis happened accidentally, just consider the fact that the Securities and Exchange Commission (SEC) waived the 12 to 1 leverage ratios for the five biggest investment banks. Those banks then leveraged 40 to 1 and collapsed the worldwide financial system (January 5, 2009 Financial Sense editorial by James Quinn of the Wharton Business School). Do you really believe no one could see what the disastrous results of going from 12 to 1 leveraging to 40 to 1 would be? When these banks started taking losses, Quinn has also pointed out, their capital was immediately wiped out and the problem was dumped in the taxpayers’ laps.]

In previous columns, I’ve mentioned the secret Nazi plan described in American official Sumner Welles’ The Time for Decision (1944). It was a plan (for a Nazi loss in WWII) which would come to fruition two generations later. It included Nazi agents going underground into two successive countries to avoid detection (Paul Dickopf went underground into Switzerland in 1942). These agents would eventually rise to positions of power in those second nations.Welles must have learned of this secret plan when he was on friendly terms with the Nazi leadership long before the U.S. entered WWII. A Google search of sumner welles portraits shows a photograph of Welles and Hermann Goering on March 19, 1940. But why almost two years before the U.S. entered WWII would the Nazis plan for a loss? And why after WWII was there never an investigation of this secret plan? Robert Ludlum in his fictional The Apocalypse Watch referred to The Brotherhood of the Watch a global neo-Nazi secret organization formed in the days after the Third Reich’s defeat and exposed about 50 years later.As I’ve written before, Hitler’s rise and demise were facilitated by the PE. In the same year (1942) the Nazi agent Paul Dickoff went underground into Switzerland and the U.S. was already in the war, Standard Oil of New Jersey managers shipped the enemy’s fuel through neutral Switzerland and the enemy was shipping Allied fuel. The Chase Bank in Nazi-occupied Paris after Pearl Harbor was doing millions of dollars worth of business with the enemy with the full knowledge of the heard office in Manhattan. Ford trucks were being built for the German occupation troops in France with authorization from Dearborn, Michigan. Col. Sosthenes Behn, head of ITT, flew from New York to Madrid to Berne during the war to help improve Hitler’s communications systems and improve the robot bombs that devastated London. And ITT built the Focke-Wulfs that dropped bombs on British and American troops. (Charles Higham’s Trading With the Enemy, p. xv).As I’ve also written before, I.G. Farben’s war industries (e.g. chemicals, rubber, etc.) staffed and directed Hitler’s intelligence section and ran the Nazi slave labor camps. So why at the end of WWII were 87% of Farben’s industries still intact?

At the end of the war, U.S. Justice Department attorney James Stewart Martin (author of All Honorable Men, 1950) went to Germany to sort out the relationship of American and German businesses during the war, but he was thwarted in his efforts, saying: We had not been stopped in Germany by German businesses. We had been stopped in Germany by American business. The forces that stopped us had operated from the United States but had not operated in the open. We were not stopped by a law of Congress, by an Executive Order of the President, or even by a change of policy approved by the president…. In short, whatever it was that stopped us was not the government. But it clearly had command of channels through which the government normally operates. The relative powerlessness of government… is of course not new…. National governments have stood on the sidelines while bigger operators arranged the world’s affairs. Relevant to this, it’s important to remember that the PE is NOT the government of any country, but the PE’s agents are IN the governments of countries.In order to explain what the PE was doing, it is important to look at how they operate, and John J. McCloy as an agent of the PE is a useful example of this regard. In the 1930s, PE agent McCloy’s law firm of Cravath, de Gersdorff, Swaine & Wood were attorneys for I.G. Farben. This is perhaps one reason McCloy sat in Hitler’s box at the 1936 Olympics in Berlin (because the PE is neither right nor left politically, McCloy in late July 1961 went swimming with Soviet leader Nikita Khrushchev in the Black Sea).

On October 29 of the same year (1936), American Ambassador to Germany William E. Dodd wrote to President Wilson’s chief advisor Col. Edward M. House expressing his surprise and wonder that in spite of all the debts and all the huge losses since the great war, more than a hundred of our greater corporations have subsidiaries here and are of course involved in a great deal of the acute business which goes on. At the same time no corporation can take profits out of the country, although some I am told earn as much as half a million dollars a year…. Yet a great many of these corporations are supplying the means for rearmament, actually supplying arms. It’s strange to me that they are willing to risk the property of their stockholders in such a way.Four years later, Skull & Bones member Henry Stimson went to Washington to become President Franklin Roosevelt’s Secretary of War, and he brought McCloy with him as Assistant Secretary of War. To demonstrate the importance of McCloy, Stimson would later question whether anyone in the Administration ever acted without having a word with McCloy.McCloy’s lawfirm had as one of its clients the Rockefeller family, and during WWII McCloy was a senior member of John D. Rockefeller III’s intelligence group, the State-War-Navy Coordinating Committee (SWNCC). With this background, McCloy established the highly secret U.S. Army’s Psychological Warfare Division at the time of D-Day in 1944. It was also during this time from 1940 to 1946that American Thomas Harrington McKittrick (an associate of J.P. Morgan Banking) was president of the Nazi-controlled Bank for International Settlements (BIS) where $378 million of the Nazis’ looted gold had been sent.Dennis Cuddy.Dennis Laurence Cuddy, historian and political analyst, received a Ph.D. from the University of North Carolina at Chapel Hill (major in American History, minor in political science). Dr. Cuddy has taught at the university level, has been a political and economic risk analyst for an international consulting firm, and has been a Senior Associate with the U.S. Department of Education.

EU leaders back sweeping financial regulations FEB 22,09,Germany recommends all financial bodies be subjected to appropriate oversight,DAILY TIMES

BERLIN: European leaders backed sweeping new regulations for financial markets and hedge funds at a summit on Sunday as politicians and nations scrambled to tame the global economic crisis.German Chancellor Angela Merkel hosted heads of state and finance ministers from Europe’s largest economies to try to establish a common European position on economic reforms before an April 2 summit of the group of 20 nations. All financial markets, products and participants, including hedge funds and other private pools of capital, which may pose a systematic risk, must be subjected to appropriate oversight or regulation, Merkel said in a statement released on behalf of the summit members. Top officials from Britain, France, Germany, Italy, Luxembourg, Spain, the Netherlands and Czech Republic agreed on seven key points during their one-day meeting in Berlin, the statement said.But the call for blanket global regulation is sure to be resisted by the financial industry and may not be welcomed completely by other members of the G-20, which in addition to European nations includes the United States, China, Japan, and developing nations like India and Brazil. European leaders backed Merkel’s call for a charter of sustainable economic activity to reduce economic imbalances and stabilise financial markets.

Strengthen IMF: The charter would subject all financial market activities around the globe to regulation, including credit rating agencies. The leaders also agreed to strengthen the International Monetary Fund (IMF) and to support doubling its funds. British Prime Minister Gordon Brown said the IMF needed some $500 billion and called for a global new deal to be adopted to help right the world economy.Other key points included adopting sanctions to safeguard against tax havens and urging banks to keep larger reserves of capital. Officials said a final copy of the summit agreement would not be circulated on Sunday, in order to allow EU members not present to view it first.ap

Mini EU summit calls for strict financial regulation FEB 22,09

The President of the European Central Bank warned that there is no obvious way to restore trust in financial markets. Jean-Claude Trichet was speaking after talks in Berlin where European heads of state attended a German-hosted mini-summit assessing the economic crisis ahead of a major G20 summit in London in April. Mr. Trichet said the absence of any clear forecast of future developments was complicating efforts to restore trust in free market mechanisms. The summit agreed that all financial market sectors should be regulated and strictly monitored, with early warning systems in place to signal any future impending market collapses. Feb. 22, 15:03

EU nations call for better financial regulation
ANDREW WILLIS Today @ 09:18 CET


Leaders from the EU's largest economies have called for stricter regulation of the financial sector to prevent a repetition of the current crisis after meeting in Berlin on Sunday (22 February).All financial markets, products and participants - including hedge funds and other private pools of capital which may pose a systemic risk - must be subjected to appropriate oversight or regulation, a summit statement said.Sunday's meeting was called by German chancellor Angela Merkel earlier this month to help the EU hammer out a unified position ahead of the G20 meeting on 2 April, which will be attended by Barak Obama on his first visit to Europe as president of the United States. Leaders from France, Germany, the UK, Italy, the Netherlands and Spain all took part in the meeting, as well as Czech prime minister Mirek Topolanek, as Prague currently holds the EU presidency.The conclusions from the meeting will feed into two EU summits of its 27 leaders in March and the G20 gathering of developed and developing nations in London.The leaders agreed on the need to improve market transparency, setup regulation on hedge funds, crack down on tax havens and to compel banks to save more capital. We can't afford failure in London, French President Nicholas Sarkozy told reporters in Berlin after the talks. We have to succeed and we can't accept that anyone or anything will get in the way of this [G20] summit.The leaders also called for the International Monetary Fund's resources to be doubled to $500 billion. We decided that the international institutions have got to play a bigger role in working with individual countries, UK prime minister Gordon Brown said.

We decided that the international institutions should have at least $500bn, to enable them not just to deal with crises but to enable them to be able to prevent crises,The appearance of a unified position on greater regulation for financial institutions such as hedge funds can be seen as a victory for Berlin and Paris who were concerned that London was backing away from the idea. It's not a case of talking up the situation but we want to send the message that we have a real opportunity to come out strengthened from this crisis, Ms Merkel said regarding the need for a new financial framework. But Mr Topolanek painted a different picture to that of the unified front displayed by the EU leaders at a press conference after the meeting.If I put it very tenderly, the divergence in opinions was rather big, Topolanek told AFP on a plane home. It was obvious that the four countries representing the EU in the G20 (France, Germany, Britain, Italy) do not have the same opinion on a number of issues,he added.Our responsibility [as holders of the presidency] is to look for some unity. This won't be easy at all.Mr Topolanek will represent the European Union at the G20 on 2 April in London where preparations are already under way for the meeting. Superintendent David Hartshorn, who heads the London Metropolitan police's public order branch, told the Guardian newspaper that he had major concerns over the upcoming meeting. We've got G20 coming and I think that is being advertised on some of the sites as the highlight of what they see as a summer of rage, he said, referring to websites encouraging activists to come and demonstrate.

Major stock market indexes fall to 1997 levels By SARA LEPRO, AP Business Writer FEB 23,09

NEW YORK – Investors' sagging confidence has pulled the major stock market indexes to their lowest levels in over a decade.The Standard & Poor's 500 index fell to April 1997 levels Monday, while the Dow Jones industrial average, down about 150 points, reached its levels of October 1997 as investors succumbed to their growing worries about a recession that has no end in sight.People left and right are throwing in the towel, said Keith Springer, president of Capital Financial Advisory Services.Most financial stocks were pounded even as government agencies led by the Treasury Department said they will launch a revamped bank rescue program that includes the option of increasing government ownership in financial institutions without having to pour more taxpayer money into them.Although the government has said it doesn't want to nationalize banks, many investors are clearly still concerned that this could be a possibility as banks continue to suffer severe losses because of the recession. They're also worried that banks' losses will keep escalating as the recession sends more borrowers into default.The biggest thing I see here is the incredible pessimism, Springer said. The government is doing a lousy job of alleviating fears.The Treasury and other agencies issued a statement after The Wall Street Journal reported that Citigroup is in talks for the government to boost its stake in the bank to as much as 40 percent. Analysts said the market, which initially rose on the statement, wanted more details of the government's plans.

It's only a very partial picture of what we may get, said Quincy Krosby, chief investment strategist at The Hartford. This proverbial lack of clarity is damaging market psychology.Meanwhile, technology stocks are also falling after The Wall Street Journal reported that Yahoo Inc.'s new chief executive is planning a companywide reorganization. But the selling came across the market as pessimism about the recession and its toll on companies deepened.There's no where to hide anymore,said Jim Herrick, director of equity trading at Baird & Co.The market's decline extends massive losses from last week when the major stock indexes tumbled more than 6 percent. The major indexes plunged through the lows they reached in late November, at the height of the credit crisis.In early afternoon trading, the Dow dropped 149.66, or 2.03 percent, to 7,216.01, after earlier falling to 7,188.77, its lowest level since Oct. 28, 1997.The Standard & Poor's 500 index fell 16.61, or 2.16 percent, to 753.44. Earlier, the S&P fell to 750.62, its lowest level since April 1997.The technology-laden Nasdaq composite index dropped 34.77, or 2.41 percent, to 1,406.46.The Russell 2000 index of smaller companies fell 10.46 or 2.55 percent, to 400.50.Declining issues outnumbered advancers by about 5 to 1 on the New York Stock Exchange, where volume came to a light 793 million shares.Among tech stocks, Hewlett-Packard Co. fell $1.47, or 4.7 percent, to $29.77, and Intel Corp. dove 58 cents, or 4.5 percent, to $12.20.Other big decliners included General Electric Co., which dropped to a 14-year low of $8.80, but later traded down 33 cents, or 3.5 percent, to $9.05. Alcoa Inc. tumbled 40 cents, or 5.9 percent, to $5.86.

Some financial stocks managed to hold on to their earlier gains, including Citigroup, which rose 25 cents, or 12.8 percent, to $2.20, and Bank of America Corp., which gained 28 cents, or 7.4 percent, to $4.07. Bond prices fell Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 2.80 percent from 2.79 percent late Friday. The yield on the three-month T-bill, considered one of the safest investments, rose to 0.27 percent from 0.26 percent Friday. The dollar was mixed against other major currencies, while gold prices fell. Light, sweet crude fell $1.90 to $38.13 per barrel on the New York Mercantile Exchange.Overseas, Britain's FTSE 100 fell 0.99 percent, Germany's DAX index fell 1.95 percent, and France's CAC-40 slipped 0.82 percent. Earlier, Japan's Nikkei stock average fell 0.54 percent. On the Net: New York Stock Exchange: http://www.nyse.com Nasdaq Stock Market: http://www.nasdaq.com

Eastern member states to hold own mini-summit
LEIGH PHILLIPS Today @ 09:24 CET


The European Union's eastern members are to hold their own separate mini-summit ahead of an emergency summit of all EU premiers and presidents in order to co-ordinate their approach to the crisis.Poland called the meeting in response to the larger, wealthier nations retreating into protectionist positions, particularly regarding their car sectors. It will take place in Brussels on 1 March on the morning of the wider summit to build a common front in defence of the single market.

We want to send a clear message that we support the European Union's position in favour of defending the common market and that we are against protectionism, Poland's Europe minister, Mikolaj Dowgielewicz, told Poland's PAP new agency.France, Italy and Spain have in recent weeks each announced packages of billions of euros in public funds for their domestic auto industries.The European Commission, normally quick to jump on such measures as market distortions, has said relatively little, although it is currently investigating Paris' €6 billion support measures for Renault and Peugeot-Citroen. Similar packages of public monies to support car companies in Italy and Spain are also under scrutiny.The scrum of eastern nations will also consider the region's tottering banks, which have not been supplied with the re-capitalisation or loan guarantees that their western counterparts have been, as their governments have not been able to afford such moves.Exacerbating the crunch in the east, the western parent banks of subsidiaries in the region have substantially reduced the credit available.Western European banks have a financial engagement of some €1.1 trillion in the region, with Austria's financial institutions particularly exposed, being owed €220 billion - equivalent to around three quarters of the country's GDP. Over the last fortnight, Vienna has been calling for a co-ordinated EU-level bail-out of the east out of fear its loans may not be able to be paid back.Italy, Sweden, the Netherlands, France and Belgium are also among western Europe's big lenders to the east.However, outside Hungary and the Polish Chamber of Commerce, Austria's request has fallen on deaf ears, and Germany, likely to get stuck with much of the tab for such action, has publicly said it is opposed to an eastern bail-out.Speaking to reporters in Berlin on Sunday, Czech Prime Minister Mirek Topolanek hinted at a growing rift between the west and the east.Central and Eastern European countries [have] concerns about certain discrimination regarding for instance their access to financing by means of the European Central Bank, he said.There is certain fear that Europe - the old EU members and eurozone countries - may create a situation that will somehow secondarily affect Central and Eastern Europe, he continued, according to AFP.

European Commission President Jose Manuel Barroso is also to attend the eastern nations' mini-summit.Separately, on Friday, the World Bank warned western EU member states not to deploy domestic counter-crisis measures that would hurt the economies of their neighbours to the east.

Latvian government falls
LEIGH PHILLIPS 20.02.2009 @ 18:02 CET


The Latvian prime minister and his government have resigned amid growing political and economic strife in the Baltic country.Prime Minister Ivars Godmanis submitted his resignation to the president, Valdis Zatlers, on Friday (20 February) afternoon after the two largest parties in the ruling four-party coalition demanded he step down.Earlier in the day, Mareks Seglins, the head of the People Party, which held the most seats in the coalition, said that his party and the Union of Greens and Farmers asked him to go.President Zatlers has said he is to immediately start talks with all parties on the formation of a new government.Mr Godmanis, of the Latvian Way party - the third largest within the coalition - survived a no-confidence motion in the parliament on 3 February.The economic crisis has hit Latvia harder than most other EU states, with the country receiving a €7.5 billion emergency bail-out from the IMF and the EU.Latvia's economy contracted by 10.5 percent year on year in the final quarter of 2008 and its GDP is expected to fall 12 percent in 2009.

The economic collapse has in turn provoked rolling civil unrest, in which thousands rioted in the capital on 13 January and farmers in February blocked roads and surrounded government buildings, ultimately winning the resignation of the agriculture minister.The fall of Mr Godmanis' coalition is the first European Union government to fall as a result of the economic crisis, and the second such collapse after Iceland.

Dublin hit by mass protests over economic crisis
HONOR MAHONY Today @ 09:18 CET


Around 120,000 citizens hit the streets of Dublin on Saturday to protest the government's handling of the economic crisis.The demonstration was organised by the Irish Congress of Trade Unions (ICTU) and was the first major public signal of disapproval by the Irish people as they feel the blast of the world economic downturn.The country is officially in recession, unemployment is up, the property bubble which fuelled the booming economy in Celtic Tiger times has burst and popularity ratings for Brian Cowen's government have plummeted.ICTU general secretary David Begg said that people were full of fear and anger as the economic situation is set to worsen.Fear because their whole generation of young people, very highly educated, for whom redundancy was never in their frame of reference, don't know what is going to happen to them for the future, he told RTE radio.Anger because they know they had nothing to do with causing it.Mr Cowen has announced a package of measures designed to cut government spending by €2 billion and has previously said the government needs to cut back to the tune of €15 billion. The measure that has attracted the most criticism and which was the focus of Saturday's demonstration is a pension levy on public servants. Ahead of the protest, the government released a statement justifying its measures.

The Government recognises that the measures which it is taking are difficult and, in some cases, painful,it said.The Government is also convinced, however, that they are both necessary and fair. They are necessary because it is essential that we show a credible start on the correction of an emerging unsustainability in our public finances.A series of further protests are expected during the course of this week, the Irish Times reports, including one by civil servants on Thursday and by Dublin Bus on Saturday.Meanwhile, other public service staff including teachers and mid-ranking civil servants are also considering protests.Public sector workers feel they are being made to pay for the sins of the private sector. This feeling has been intensified as details of a scandal concerning Anglo Irish bank have kept the nation agog for much of last week. The bank, which last month was nationalised because of the size of its debt, admitted it has lent €451 million to ten clients to purchase shares in the financial institution in 2008. While the recipients of the loans have not been named, the bank has already indicated it expects that it will not get most of the money back.Ireland's protests come after news that the Latvian government fell before the weekend due to the effects of the economic crisis.Non-EU member Iceland was the first country to see a political casualty due to the world economic downturn. Its government fell on 26 January after weeks of protest. It has also been bailed out by the International Monetary Fund.

Sunday, February 22, 2009

TORAH PORTION FROM FEB 22 - 28 2009

SINCE WHAT ISRAEL READS WILL BE FULFILLED IN THAT WEEK I WILL BE PUTTING THE WEEKLY TORAH PORTION ON FOR ALL OF US TO KEEP TRACK OF ISRAEL HAPPENINGS.

TORAH PORTION FROM FEB 22 2009 6PM - FEB 28 6PM 2009


EXODUS 25:1 - 27:19
1 And the LORD spake unto Moses, saying,
2 Speak unto the children of Israel, that they bring me an offering: of every man that giveth it willingly with his heart ye shall take my offering.
3 And this is the offering which ye shall take of them; gold, and silver, and brass,
4 And blue, and purple, and scarlet, and fine linen, and goats' hair,
5 And rams' skins dyed red, and badgers' skins, and shittim wood,
6 Oil for the light, spices for anointing oil, and for sweet incense,
7 Onyx stones, and stones to be set in the ephod, and in the breastplate.
8 And let them make me a sanctuary; that I may dwell among them.
9 According to all that I shew thee, after the pattern of the tabernacle, and the pattern of all the instruments thereof, even so shall ye make it.
10 And they shall make an ark of shittim wood: two cubits and a half shall be the length thereof, and a cubit and a half the breadth thereof, and a cubit and a half the height thereof.
11 And thou shalt overlay it with pure gold, within and without shalt thou overlay it, and shalt make upon it a crown of gold round about.
12 And thou shalt cast four rings of gold for it, and put them in the four corners thereof; and two rings shall be in the one side of it, and two rings in the other side of it.
13 And thou shalt make staves of shittim wood, and overlay them with gold.
14 And thou shalt put the staves into the rings by the sides of the ark, that the ark may be borne with them.
15 The staves shall be in the rings of the ark: they shall not be taken from it.
16 And thou shalt put into the ark the testimony which I shall give thee.
17 And thou shalt make a mercy seat of pure gold: two cubits and a half shall be the length thereof, and a cubit and a half the breadth thereof.
18 And thou shalt make two cherubims of gold, of beaten work shalt thou make them, in the two ends of the mercy seat.
19 And make one cherub on the one end, and the other cherub on the other end: even of the mercy seat shall ye make the cherubims on the two ends thereof.
20 And the cherubims shall stretch forth their wings on high, covering the mercy seat with their wings, and their faces shall look one to another; toward the mercy seat shall the faces of the cherubims be.
21 And thou shalt put the mercy seat above upon the ark; and in the ark thou shalt put the testimony that I shall give thee.
22 And there I will meet with thee, and I will commune with thee from above the mercy seat, from between the two cherubims which are upon the ark of the testimony, of all things which I will give thee in commandment unto the children of Israel.
23 Thou shalt also make a table of shittim wood: two cubits shall be the length thereof, and a cubit the breadth thereof, and a cubit and a half the height thereof.
24 And thou shalt overlay it with pure gold, and make thereto a crown of gold round about.
25 And thou shalt make unto it a border of an hand breadth round about, and thou shalt make a golden crown to the border thereof round about.
26 And thou shalt make for it four rings of gold, and put the rings in the four corners that are on the four feet thereof.
27 Over against the border shall the rings be for places of the staves to bear the table.
28 And thou shalt make the staves of shittim wood, and overlay them with gold, that the table may be borne with them.
29 And thou shalt make the dishes thereof, and spoons thereof, and covers thereof, and bowls thereof, to cover withal: of pure gold shalt thou make them.
30 And thou shalt set upon the table shewbread before me alway.
31 And thou shalt make a candlestick of pure gold: of beaten work shall the candlestick be made: his shaft, and his branches, his bowls, his knops, and his flowers, shall be of the same.
32 And six branches shall come out of the sides of it; three branches of the candlestick out of the one side, and three branches of the candlestick out of the other side:
33 Three bowls made like unto almonds, with a knop and a flower in one branch; and three bowls made like almonds in the other branch, with a knop and a flower: so in the six branches that come out of the candlestick.
34 And in the candlestick shall be four bowls made like unto almonds, with their knops and their flowers.
35 And there shall be a knop under two branches of the same, and a knop under two branches of the same, and a knop under two branches of the same, according to the six branches that proceed out of the candlestick.
36 Their knops and their branches shall be of the same: all it shall be one beaten work of pure gold.
37 And thou shalt make the seven lamps thereof: and they shall light the lamps thereof, that they may give light over against it.
38 And the tongs thereof, and the snuffdishes thereof, shall be of pure gold.
39 Of a talent of pure gold shall he make it, with all these vessels.
40 And look that thou make them after their pattern, which was shewed thee in the mount.

EXODUS 26:1-37
1 Moreover thou shalt make the tabernacle with ten curtains of fine twined linen, and blue, and purple, and scarlet: with cherubims of cunning work shalt thou make them.
2 The length of one curtain shall be eight and twenty cubits, and the breadth of one curtain four cubits: and every one of the curtains shall have one measure.
3 The five curtains shall be coupled together one to another; and other five curtains shall be coupled one to another.
4 And thou shalt make loops of blue upon the edge of the one curtain from the selvedge in the coupling; and likewise shalt thou make in the uttermost edge of another curtain, in the coupling of the second.
5 Fifty loops shalt thou make in the one curtain, and fifty loops shalt thou make in the edge of the curtain that is in the coupling of the second; that the loops may take hold one of another.
6 And thou shalt make fifty taches of gold, and couple the curtains together with the taches: and it shall be one tabernacle.
7 And thou shalt make curtains of goats' hair to be a covering upon the tabernacle: eleven curtains shalt thou make.
8 The length of one curtain shall be thirty cubits, and the breadth of one curtain four cubits: and the eleven curtains shall be all of one measure.
9 And thou shalt couple five curtains by themselves, and six curtains by themselves, and shalt double the sixth curtain in the forefront of the tabernacle.
10 And thou shalt make fifty loops on the edge of the one curtain that is outmost in the coupling, and fifty loops in the edge of the curtain which coupleth the second.
11 And thou shalt make fifty taches of brass, and put the taches into the loops, and couple the tent together, that it may be one.
12 And the remnant that remaineth of the curtains of the tent, the half curtain that remaineth, shall hang over the backside of the tabernacle.
13 And a cubit on the one side, and a cubit on the other side of that which remaineth in the length of the curtains of the tent, it shall hang over the sides of the tabernacle on this side and on that side, to cover it.
14 And thou shalt make a covering for the tent of rams' skins dyed red, and a covering above of badgers' skins.
15 And thou shalt make boards for the tabernacle of shittim wood standing up.
16 Ten cubits shall be the length of a board, and a cubit and a half shall be the breadth of one board.
17 Two tenons shall there be in one board, set in order one against another: thus shalt thou make for all the boards of the tabernacle.
18 And thou shalt make the boards for the tabernacle, twenty boards on the south side southward.
19 And thou shalt make forty sockets of silver under the twenty boards; two sockets under one board for his two tenons, and two sockets under another board for his two tenons.
20 And for the second side of the tabernacle on the north side there shall be twenty boards:
21 And their forty sockets of silver; two sockets under one board, and two sockets under another board.
22 And for the sides of the tabernacle westward thou shalt make six boards.
23 And two boards shalt thou make for the corners of the tabernacle in the two sides.
24 And they shall be coupled together beneath, and they shall be coupled together above the head of it unto one ring: thus shall it be for them both; they shall be for the two corners.
25 And they shall be eight boards, and their sockets of silver, sixteen sockets; two sockets under one board, and two sockets under another board.
26 And thou shalt make bars of shittim wood; five for the boards of the one side of the tabernacle,
27 And five bars for the boards of the other side of the tabernacle, and five bars for the boards of the side of the tabernacle, for the two sides westward.
28 And the middle bar in the midst of the boards shall reach from end to end.
29 And thou shalt overlay the boards with gold, and make their rings of gold for places for the bars: and thou shalt overlay the bars with gold.
30 And thou shalt rear up the tabernacle according to the fashion thereof which was shewed thee in the mount.
31 And thou shalt make a vail of blue, and purple, and scarlet, and fine twined linen of cunning work: with cherubims shall it be made:
32 And thou shalt hang it upon four pillars of shittim wood overlaid with gold: their hooks shall be of gold, upon the four sockets of silver.
33 And thou shalt hang up the vail under the taches, that thou mayest bring in thither within the vail the ark of the testimony: and the vail shall divide unto you between the holy place and the most holy.
34 And thou shalt put the mercy seat upon the ark of the testimony in the most holy place.
35 And thou shalt set the table without the vail, and the candlestick over against the table on the side of the tabernacle toward the south: and thou shalt put the table on the north side.
36 And thou shalt make an hanging for the door of the tent, of blue, and purple, and scarlet, and fine twined linen, wrought with needlework.
37 And thou shalt make for the hanging five pillars of shittim wood, and overlay them with gold, and their hooks shall be of gold: and thou shalt cast five sockets of brass for them.

EXODUS 27:1-19
1 And thou shalt make an altar of shittim wood, five cubits long, and five cubits broad; the altar shall be foursquare: and the height thereof shall be three cubits.
2 And thou shalt make the horns of it upon the four corners thereof: his horns shall be of the same: and thou shalt overlay it with brass.
3 And thou shalt make his pans to receive his ashes, and his shovels, and his basons, and his fleshhooks, and his firepans: all the vessels thereof thou shalt make of brass.
4 And thou shalt make for it a grate of network of brass; and upon the net shalt thou make four brasen rings in the four corners thereof.
5 And thou shalt put it under the compass of the altar beneath, that the net may be even to the midst of the altar.
6 And thou shalt make staves for the altar, staves of shittim wood, and overlay them with brass.
7 And the staves shall be put into the rings, and the staves shall be upon the two sides of the altar, to bear it.
8 Hollow with boards shalt thou make it: as it was shewed thee in the mount, so shall they make it.
9 And thou shalt make the court of the tabernacle: for the south side southward there shall be hangings for the court of fine twined linen of an hundred cubits long for one side:
10 And the twenty pillars thereof and their twenty sockets shall be of brass; the hooks of the pillars and their fillets shall be of silver.
11 And likewise for the north side in length there shall be hangings of an hundred cubits long, and his twenty pillars and their twenty sockets of brass; the hooks of the pillars and their fillets of silver.
12 And for the breadth of the court on the west side shall be hangings of fifty cubits: their pillars ten, and their sockets ten.
13 And the breadth of the court on the east side eastward shall be fifty cubits.
14 The hangings of one side of the gate shall be fifteen cubits: their pillars three, and their sockets three.
15 And on the other side shall be hangings fifteen cubits: their pillars three, and their sockets three.
16 And for the gate of the court shall be an hanging of twenty cubits, of blue, and purple, and scarlet, and fine twined linen, wrought with needlework: and their pillars shall be four, and their sockets four.
17 All the pillars round about the court shall be filleted with silver; their hooks shall be of silver, and their sockets of brass.
18 The length of the court shall be an hundred cubits, and the breadth fifty every where, and the height five cubits of fine twined linen, and their sockets of brass.
19 All the vessels of the tabernacle in all the service thereof, and all the pins thereof, and all the pins of the court, shall be of brass.

PROPHETS PORTION

1 KINGS 5:12-6:13
12 And the LORD gave Solomon wisdom, as he promised him: and there was peace between Hiram and Solomon; and they two made a league together.
13 And king Solomon raised a levy out of all Israel; and the levy was thirty thousand men.
14 And he sent them to Lebanon, ten thousand a month by courses: a month they were in Lebanon, and two months at home: and Adoniram was over the levy.
15 And Solomon had threescore and ten thousand that bare burdens, and fourscore thousand hewers in the mountains;
16 Beside the chief of Solomon's officers which were over the work, three thousand and three hundred, which ruled over the people that wrought in the work.
17 And the king commanded, and they brought great stones, costly stones, and hewed stones, to lay the foundation of the house.
18 And Solomon's builders and Hiram's builders did hew them, and the stonesquarers: so they prepared timber and stones to build the house.

1 KINGS 6:1-13
1 And it came to pass in the four hundred and eightieth year after the children of Israel were come out of the land of Egypt, in the fourth year of Solomon's reign over Israel, in the month Zif, which is the second month, that he began to build the house of the LORD.
2 And the house which king Solomon built for the LORD, the length thereof was threescore cubits, and the breadth thereof twenty cubits, and the height thereof thirty cubits.
3 And the porch before the temple of the house, twenty cubits was the length thereof, according to the breadth of the house; and ten cubits was the breadth thereof before the house.
4 And for the house he made windows of narrow lights.
5 And against the wall of the house he built chambers round about, against the walls of the house round about, both of the temple and of the oracle: and he made chambers round about:
6 The nethermost chamber was five cubits broad, and the middle was six cubits broad, and the third was seven cubits broad: for without in the wall of the house he made narrowed rests round about, that the beams should not be fastened in the walls of the house.
7 And the house, when it was in building, was built of stone made ready before it was brought thither: so that there was neither hammer nor axe nor any tool of iron heard in the house, while it was in building.
8 The door for the middle chamber was in the right side of the house: and they went up with winding stairs into the middle chamber, and out of the middle into the third.
9 So he built the house, and finished it; and covered the house with beams and boards of cedar.
10 And then he built chambers against all the house, five cubits high: and they rested on the house with timber of cedar.
11 And the word of the LORD came to Solomon, saying,
12 Concerning this house which thou art in building, if thou wilt walk in my statutes, and execute my judgments, and keep all my commandments to walk in them; then will I perform my word with thee, which I spake unto David thy father:
13 And I will dwell among the children of Israel, and will not forsake my people Israel.

NEW TESTAMENT PORTION

HEBREWS 8:1-6
1 Now of the things which we have spoken this is the sum: We have such an high priest, who is set on the right hand of the throne of the Majesty in the heavens;
2 A minister of the sanctuary, and of the true tabernacle, which the Lord pitched, and not man.
3 For every high priest is ordained to offer gifts and sacrifices: wherefore it is of necessity that this man have somewhat also to offer.
4 For if he were on earth, he should not be a priest, seeing that there are priests that offer gifts according to the law:
5 Who serve unto the example and shadow of heavenly things, as Moses was admonished of God when he was about to make the tabernacle: for, See, saith he, that thou make all things according to the pattern shewed to thee in the mount.
6 But now hath he obtained a more excellent ministry, by how much also he is the mediator of a better covenant, which was established upon better promises.

HEBREWS 9:23-24
23 It was therefore necessary that the patterns of things in the heavens should be purified with these; but the heavenly things themselves with better sacrifices than these.
24 For Christ is not entered into the holy places made with hands, which are the figures of the true; but into heaven itself, now to appear in the presence of God for us:

HEBREWS 10:1
1 For the law having a shadow of good things to come, and not the very image of the things, can never with those sacrifices which they offered year by year continually make the comers thereunto perfect.

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