GLENN BECK REVEALS THE GLOBAL NEW WORLD ORDER MAURICE STRONG AND THE CAP & TRADE SCAM CHANGED NAME TO AMERICAN POWER ACT.THESE WORLD TAX AND WORLD GOVERNMENT SCAMMERS JUST KEEP ON TRYING.
http://www.glennbeck.com/content/articles/article/198/40600/
GLENN ON GREECE AND NYT
http://video.foxnews.com/v/4193079/gray-lady-sees-us-greece-parallel
JERUSALEM DIVIDED
ZECHARIAH 12:1-5 King James Bible
1 The burden of the word of the LORD for Israel, saith the LORD, which stretcheth forth the heavens, and layeth the foundation of the earth, and formeth the spirit of man within him.
2 Behold, I will make Jerusalem a cup of trembling unto all the people round about, when they shall be in the siege both against Judah and against Jerusalem.
3 And in that day will I make Jerusalem a burdensome stone for all people: all that burden themselves with it shall be cut in pieces, though all the people of the earth be gathered together against it.
4 In that day, saith the LORD, I will smite every horse with astonishment, and his rider with madness: and I will open mine eyes upon the house of Judah, and will smite every horse of the people with blindness.
5 And the governors of Judah shall say in their heart, The inhabitants of Jerusalem shall be my strength in the LORD of hosts their God.
JOEL 3:2
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people and for my heritage Israel, whom they have scattered among the nations, and parted my land.
ZECHARIAH 14:1-9 King James Bible
1 Behold, the day of the LORD cometh, and thy spoil shall be divided in the midst of thee.
2 For I will gather all nations against Jerusalem to battle; and the city shall be taken, and the houses rifled, and the women ravished; and half of the city shall go forth into captivity, and the residue of the people shall not be cut off from the city.
3 Then shall the LORD go forth, and fight against those nations, as when he fought in the day of battle.
4 And his feet shall stand in that day upon the mount of Olives, which is before Jerusalem on the east, and the mount of Olives shall cleave in the midst thereof toward the east and toward the west, and there shall be a very great valley; and half of the mountain shall remove toward the north, and half of it toward the south. 5 And ye shall flee to the valley of the mountains; for the valley of the mountains shall reach unto Azal: yea, ye shall flee, like as ye fled from before the earthquake in the days of Uzziah king of Judah: and the LORD my God shall come, and all the saints with thee.
6 And it shall come to pass in that day, that the light shall not be clear, nor dark:
7 But it shall be one day which shall be known to the LORD, not day, nor night: but it shall come to pass, that at evening time it shall be light.
8 And it shall be in that day, that living waters shall go out from Jerusalem; half of them toward the former sea, and half of them toward the hinder sea: in summer and in winter shall it be.
9 And the LORD shall be king over all the earth: in that day shall there be one LORD, and his name one.
SO WE KNOW JERUSALEM WILL BE DIVIDED.BUT WAIT, THE JERUSALEM COVENANT SAYS ISRAEL AND JERUSALEM WILL NEVER BE DIVIDED.SO HOW CAN PROPHECY BE FULFILLED.I BELIEVE JUST LIKE NOW THE TEMPLE MOUNT IS IN ISRAELS HANDS BUT THEY GAVE CONTROL OVER TO THE MUFFTI.IN THE FINAL 7 YEAR PEACE TREATY OF DANIEL 9:27-
DANIEL 9:26-27
26 And after threescore and two weeks(62X7=434 YEARS+7X7=49 YEARS=TOTAL OF 69 WEEKS OR 483 YRS) shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary;(ROMAN LEADERS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.(THERE HAS TO BE 70 WEEKS OR 490 YRS TO FUFILL THE VISION AND PROPHECY OF DAN 9:24).(THE NEXT VERSE IS THAT 7 YR WEEK OR (70TH FINAL WEEK).
27 And he( THE ROMAN,EU PRESIDENT) shall confirm the covenant with many for one week:(1X7=7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,(3 1/2 yrs in TEMPLE SACRIFICES STOPPED) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.
TO BE SIGNED SHORTLY.THIS JERUSALEM COVENANT WILL COME INTO PLAY LiKE DANIEL 9:27 SAYS.ISRAEL I BELIEVE WILL KEEP JESUSALEM AND THE TEMPLE MOUNT IN THEIR HANDS.BUT SOMEHOW WILL GIVE IN TO DIVIDING HALF OF JERUSALEM.THIS CAN ONLY EXPLAIN WHY THE ARAB-MUSLIM NATIONS ROUND ABOUT WILL BE SO TROUBLED AND WANT JERUSALEM AS THEIRS.AND WHY ELSE WOULD ALL NATIONS COME AGAINST ISRAEL TO TAKE JERUSALEM IF IT WAS NOT UNDER ISRAELS CONTROL.THIS EXPLAINS TO ME WHY THE JERUSALEM COVENANT WILL BE THE MAIN WAY THE EUROPEAN UNION WORLD DICTATOR GETS ISRAEL TO SIGN THE 7 YR TREATY.ISRAEL WILL SAY IF WE WILL NOT HAVE THE JERUSALEM COVENANT IN THE FINAL 7 YR TREATY THERE WILL BE NO DEAL AND YOU EUROPEAN UNION CAN NOT GUARD OUR SECURITY UNLESS ALL OF ISRAEL AND JERUSALEM STAY TOGETHER BUT WE WILL LIVE SIDE BY SIDE WITH THE PALESTIANIANS AND GIVE THEM HALF OF JERUSALEM ONLY IF THE VATICAN CONTROLS THE PALESTINIAN HALF TO GUARD THE HOLY SITES AND THAT IN THE FINAL 7 YEAR TREATY WE-ISRAEL CAN REBUILD OUR 3RD TEMPLE AND DO SACRIFICES TO THE GOD OF ISRAEL AND THE WHOLE EARTH (KING JESUS).
THIS IS HOW I BELIEVE THE TERMS WILL BE IN THE FINAL 7 YEAR PEACE TREATY OF DANIEL 9:27.BELOW IS THE WORDING OF THE JERUSALEM COVENANT THAT ISRAEL AND JERUSALEM WILL NEVER BE DIVIDED AGAIN.ALWAYS TOGETHER FOREVER-ETERNAL AND IN THE FUTURE THE WORLD CAPITAL.
JEREMIAH 11:1-2
2 Hear ye the words of this covenant, and speak unto the men of Judah, and to the inhabitants of Jerusalem;
3 And say thou unto them, Thus saith the LORD God of Israel; Cursed be the man that obeyeth not the words of this covenant,
Jerusalem Covenant WORDING
http://christianactionforisrael.org/covenant.html
As of this day, Jerusalem Day, the twenty-eight day of the month of Iyar in the year five thousand seven hundred fifty-two; one thousand nine hundred and twenty-two years after the destruction of the Second Temple; forty-four years since the founding of the State of Israel; twenty-five years since the Six Day War during which the Israel Defense Forces, in defense of our very existence, broke through the walls of the city and restored the Temple Mount and the unity of Jerusalem; twelve years since the Knesset of Israel re-established the Jerusalem, unified and whole, is the Capital of Israel; the State of Israel is the State of the Jewish People and the Capital of Israel is the Capital of the People of Israel. We have gathered together in Zion, national leaders and heads, of our communities everywhere, to enter into a covenant with Jerusalem, as was done by the leaders of our nation and all the people of Israel upon Israel's return to its Land from the Babylonian exile; and the people and their leaders vowed to dwell in Jerusalem, the Holy City.
Once again,our feet stand within your gates, O Jerusalem - Jerusalem built as a city joined together which unites the people of Israel to one another, and links heavenly Jerusalem with earthly Jerusalem.We have returned to the place that the Lord vowed to bestow upon the descendants of Abraham, Father of our Nation; to the City of David, King of Israel; where Solomon, son of David, built a Holy Temple; a Capital City which became the Mother of all Israel; a metropolis for justice and righteousness and for the wisdom and insights of the ancient world; where a Second Temple was erected in the days of Ezra and Nehemiah. In this city the prophets of the Lord prophesied; in the City the Sages taught Torah; in this City the Sanhedrin convened in session in its stone chamber. For there were the seats of Justice, the Throne of the House of David, for out of Zion shall go forth Torah, and the Word of the Lord from Jerusalem.
Today, as of old, we hold fast to the truth of the words of the Prophets of Israel, that all the inhabitants of the world shall enter within the gates of Jerusalem: And it shall come to pass at the end of days, the mountain of the House of the Lord will be well established at the peak of the mountains and will tower above the hills, and all the nation shall stream towards it.Each and every nation will live in it by its own faith: For all the nation will go forward, each with its own Divine Name; we shall go in the name of the Lord our God forever and ever.And in this spirit the Knesset of the State of Israel has enacted a law: The places holy to the peoples of all religions shall be protected from any desecration and from any restriction of free access to them.
Jerusalem - peace and tranquility shall reign in the city: Pray for the peace of Jerusalem; may those who love you be tranquil. May there by peace within your walls, and tranquility within your palaces.Out of Jerusalem, a message of peace went forth and shall yet go forth again to all the inhabitants of the earth: And they shall beat their swords into plowshares, and their spears into pruning-hooks; nation will not lift up sword against nation, nor shall they learn war any more.Our sages, peace be upon them, said. In the future, The Holy One, the Blessed, will comfort Jerusalem only with peace.
From this place, we once again take this vow: If I forget thee, O Jerusalem, may my right hand lose its strength; may my tongue cleave to my palate if I do not remember you, if I do not raise up Jerusalem at the very height of my rejoicing.
And with all these understandings, we enter into this Covenant and write: We shall bind you to us forever; we shall bind you to us with faithfulness, with righeousness and justice, with steadfast love and compassion. We love you, O Jerusalem, with eternal love, with unbounded love, under siege and when liberated from the yoke of oppressors. We have been martyred for you; we have yearned for you, we have clung to you. Our faithfulness to you we shall bequeath to our children after us. Forevermore our home shall be within you.
Israel pledges to keep Jerusalem undivided By GRANT SLATER, Associated Press Writer – Wed May 12, 1:05 pm ET
JERUSALEM – Israel's prime minister pledged to keep Jerusalem undivided despite Palestinian claims to its eastern half, as Israelis celebrated the 43rd anniversary Wednesday of the city's reunification in the 1967 Mideast War.The Jewish section of Jerusalem took on a festive mood Wednesday with parades and speeches by political leaders, touching only lightly on the political explosiveness of the hotly contested city.Hundreds of youths, many carrying Israeli flags, marched in the annual Jerusalem Day parade from a main square in Jewish west Jerusalem toward the Old City. Earlier, an extremist Israeli group called the Temple Mount Faithful toted flags and banners through the Old City, demanding that Israel take full control of the hotly disputed holy site where the Al-Aqsa Mosque compound sits atop the ruins of the biblical Jewish Temples. Muslims believe the Prophet Muhammad ascended to heaven at the site.Walking in the parade through downtown toward east Jerusalem, Merav Adler, 18, said she was marching in support of Israel's keeping the whole city. It is very important for us to show that we can march from west to east, said Adler, who lives in the nearby West Bank settlement of Efrat.
Palestinian neighborhoods were mostly calm Wednesday, with residents ignoring the Israeli celebrations nearby.Palestinians claim east Jerusalem as the capital of their future state. Israel annexed that sector shortly after the 1967 war, although no other country has recognized the Israeli claim.Jerusalem Mayor Nir Barkat said Wednesday the city's boundaries are nonnegotiable, while Prime Minister Benjamin Netanyahu said we will never go back to a divided Jerusalem that is cold and torn. Between 1949 and 1967, Jerusalem was split by concrete and barbed wire barriers between Israel and Jordan.The city is a key issue in U.S.-mediated Israeli-Palestinian peace efforts that resumed last week after a 17-month standstill. Palestinians demand that Israel stop all construction in West Bank settlements and east Jerusalem. Israel has agreed to slow construction, but has rejected a total halt.In his Jerusalem Day speeches, Prime Minister Benjamin Netanyahu carefully avoided any provocative statements about continuing construction in all of Jerusalem, declarations he has made in the past. As part of the deal to restart peace talks, Netanyahu pledged to hold off on building in one of the neighborhoods in east Jerusalem, and the U.S. has made it clear it would not accept announcements of additional projects there.Netanyahu's only references to construction were general, saying late Tuesday that Israelis are building it (Jerusalem) and will continue to build and develop it.
At the main Jerusalem Day ceremony Wednesday afternoon at the site of a bloody 1967 battle, Netanyahu said that recognition of the right of Jews to live in their country and to build their capital is not an obstacle to peace — it is the key to peace.Some past peace proposals envisioned Israelis and Palestinians administering their sections without a physical barrier dividing Jerusalem, but agreement was never reached.According to official Israeli statistics, 774,000 people live in Jerusalem. Two-thirds, or 511,000, are Jews. Of those, 192,800 live in east Jerusalem's Jewish neighborhoods. Arab residents of Jerusalem number 263,000, according to the Israeli government.
Israel defiant on settlements as it marks Jerusalem Day by Hazel Ward – Wed May 12, 2:56 pm ET
JERUSALEM (AFP) – Israeli Prime Minister Benjamin Netanyahu vowed on Wednesday that construction would continue unabated in all of Jerusalem, as he addressed a ceremony marking the 43rd anniversary of Israel's capture of the city's Arab eastern sector.
You can't flourish in a divided city and a flourishing city can't be divided or frozen, Netanyahu said. We will continue to build and develop ourselves in Jerusalem.
The Palestinians have warned that continued construction in Jewish settlements in annexed Arab east Jerusalem will torpedo newly launched indirect peace talks which are being brokered by the United States.They want to make east Jerusalem the capital of their promised state but Israel, which captured it in the 1967 Middle East war and then annexed it in a move not recognised by the international community, lays claim to the entire city as its eternal, indivisible capital.Each year, Israelis celebrate the anniversary, known as Jerusalem Day, with parties, parades and solemn ceremony.Festivities kicked off at sundown on Tuesday with an open-air concert by US funk band Kool and the Gang and continued through the night with prayers and gatherings.Security was tight, with thousands of police deployed across the city to ensure the festivities went off without a hitch.Several thousands of police and border police have been mobilised, with the deployment of forces particularly high in the Old City, police spokesman Micky Rosenfeld told AFP.On Wednesday, thousands of people, mostly nationalist-religious Jews, marched through Jerusalem to the Western Wall, one of the holiest sites in Judaism.
Netanyahu spoke in an evening memorial ceremony, attended by President Shimon Peres and other officials, at Ammunition Hill where Israeli troops fought a fierce battle with Jordanian forces in 1967.Tensions in and around Jerusalem have soared in recent months over the deeply controversial issue of Jewish construction in east Jerusalem.
Despite US assurances to the Palestinians that Israel would freeze some settlement activity in the eastern sector for the next two years, Israel has denied making any such commitment.There is no agreement about freezing building in east Jerusalem and normal life in Jerusalem will continue as in every other city in Israel, Foreign Minister Avigdor Lieberman told journalists during a visit to Tokyo.Jerusalem Mayor Nir Barkat also insisted that there would be no halt to construction in the united and undivided Holy City.The municipal borders of Jerusalem are not negotiable and building will continue across all of the city under Israeli sovereignty, Barkat told army radio.Israel marks Jerusalem Day in accordance with the Hebrew calendar.It captured east Jerusalem on June 7, 1967, the third day of the Six-Day War, and unilaterally annexed it.In 1980, Israel passed a law declaring Jerusalem its eternal and indivisible capital. Israeli human rights groups say the Holy City is sharply divided and that Palestinian residents suffer from discrimination. Jewish settlements and the status of Jerusalem are among the thorniest issues in the Middle East peace process.
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS THU MAY 13,2010
09:30 AM -3.25
10:00 AM -18,44
10:30 AM +10.25
11:00 AM -3.32
11:30 AM -13.90
12:00 PM -24.71
12:30 PM -19.57
01:00 PM -13.68
01:30 PM -1.42
02:00 PM -5.22
02:30 PM -20.40
03:00 PM -41.47
03:30 PM -92.12
04:00 PM -113.96 10,782.95
S&P 500 1157.44 -14.23
NASDAQ 2394.36 -30.66
GOLD 1,233.20 -9.90
OIL 74.04 -1.61
TSE 300 12,116.60 -79.40
CDNX 1609.71 -16.02
S&P/TSX/60 711.88 -4.95
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -26 points at 4 minutes of trading today.
Dow -125 points at low today.
Dow +24 points at high today so far.
GOLD opens at $1,240.70.OIL opens at $74.11 today.
AFTERNOON,NEWS,STATS
Dow -125 points at low today so far.
Dow +24 points at high today so far.
WRAPUP,NEWS,STATS
Dow -125 points at low today.
Dow +24 points at high today.
GOLD HITS ALLTIME HIGH YESTERDAY $1,248.20
CFR PROPAGANDA
http://www.youtube.com/watch?v=ccuDffnPZPI&feature=player_embedded
Council On Foreign Relations Propaganda
Cassandra Anderson Infowars.com May 12, 2010
The Council on Foreign Relations (CFR) is an invitation only membershipgroup made up of about 4000 people that comprise what many observers consider to bethe shadow government of America. The CFR is more than a think tank, it is a network of elitists that control America by creating policies, laws, financial alliances and monopolies. This new video, starring such diverse personalities as Angelina Jolie and Zbigniew Brzezinski, promotes the CFR as a wonderful place where people meet to discuss policy, thus giving the impression that all points of view are represented and implemented with the public’s best interests at heart.Some of its members include bankers (Timothy Geithner, Henry Paulson, Alan Greenspan, Paul Volcker, and World Bank President Robert Zoellick), Secretaries of State (Henry Kissinger, Condoleeza Rice, Hillary Clinton), Supreme Court Justices (Bader-Ginsberg and Stephen Breyer), corporate titans (George Soros, Michael Bloomberg, Dick Cheney), mainstream media (mainstream media is manipulated by the CFR- Katie Couric, Bill Moyers, Diane Sawyer, Tom Brokaw), foreign heads of state (Mikhail Gorbachev, Benyamin Netanyahu and Robert Mugabe of Zimbabwe), religious leader (the Dalai Lama)and entertainers (Shirley Temple, Angelina Jolie, Fred Thompson).Some of the more notable corporations that enjoy CFR membership include AIG, BP, Citigroup, Goldman Sachs, Google, Merck, NASDAQ, Pfizer and VISA.The truth about the CFR is that it is a global agenda organizationfilled with collectivists who advocatedepopulation and covert controlover America and the world. An example of this is the quote by Zbigniew Brzezinski (co-founder of the Trilateral Commission and former US National Security Advisor):
I once put it rather pungently, and I was flattered that the British Foreign Secretary repeated this, as follows: … namely, in early times, it was easier to to control a million people, literally it was easier to control a million people than physically to kill a million people. Today, it is infinitely easier to to kill a million people than to control a million people. It is easier to kill than to control….Brzezinski’s statement does not advocate killing, but that he and his compatriots have given serious thought to both options. The average auto mechanic does not ponder these things. Who does? Only those who have a self image of being empowered to do either and, therefore, must make a choice.David Rockefeller, honorary chairman of the CFR, he is also the founder of the Trilateral Commission (a secretive members-only group with designs to remove the borders between Canada, U.S. and Mexico in the pursuit of eventual world governance),his family founded the Population Council (with its roots in eugenics, which is the philosophy of improving the human gene pool through selective breeding, historically, it has sometimes been accomplished through brutal means such as forced sterilization and genocide)and he is a banker, famous for this quote:For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.This video is pure propaganda; it would seem incredible that some CFR members do not understand its true nature, but may have been used for marketing and public relations purposes in this video.G. Edward Griffin , who revealed the character of the CFR in The Capitalist Conspiracy in 1971, said that due to the growing awareness of the CFR’s role in leading America into global collectivist government, the CFR is attempting to brighten their tarnished image with this public relations video. And it uses the same production style seen on TV ads selling pharmaceutical drugs. The message is about learning, discussion and solutions, but omits commentary on their goals and methods.
COUNTRIES WITH ISRAEL(ALLIES IN LAST DAYS)
EZEKIEL 38:10-19
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind,(RUSSIA-MUSLIMS) and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
13 Sheba, and Dedan,(SAUDIA ARABIA) and the merchants of Tarshish,(ENGLAND) with all the young lions thereof,(USA,CANADA,AUSTRALIA,NEW ZEALAND,EU,ENGLISH SPEAKING shall say unto thee, Art thou come to take a spoil? hast thou gathered thy company to take a prey? to carry away silver and gold, to take away cattle and goods, to take a great spoil?
14 Therefore, son of man, prophesy and say unto Gog,(RUSSIA)Thus saith the Lord GOD; In that day when my people of Israel dwelleth safely, shalt thou not know it?
15 And thou shalt come from thy place out of the north parts, thou, and many people with thee, all of them riding upon horses, a great company, and a mighty army:
16 And thou shalt come up against my people of Israel, as a cloud to cover the land; it shall be in the latter days, and I will bring thee against my land, that the heathen may know me, when I shall be sanctified in thee, O Gog, before their eyes.
17 Thus saith the Lord GOD; Art thou he of whom I have spoken in old time by my servants the prophets of Israel, which prophesied in those days many years that I would bring thee against them?
18 And it shall come to pass at the same time when Gog shall come against the land of Israel, saith the Lord GOD, that my fury shall come up in my face.
19 For in my jealousy and in the fire of my wrath have I spoken, Surely in that day there shall be a great shaking in the land of Israel;
WE CAN SEE WHY SO MANY OF THE 911 ATTACKERS CAME FROM SAUDI-ARABIA.THE BIBLE SAYS SAUDI ARABIA WILL BE AN ALLY WITH THE U.S.A IN THE LAST DAYS.
KAGAN IS ALSO FROM GOLMAN SACHS,ANOTHER ONE..COME ON AMERICA WAKE UP GET RID OF ALL THESE GOLMAN SACHS PEOPLE WHO CONTROL BARRY SOETOROS-OBAMAS ADMINISTRATION.
Kagan Involved In 9/11 Cover Up Steve Watson
Prisonplanet.com Wednesday, May 12th, 2010
In addition to the attacks on free speech, detainee rights and the close connections to Goldman Sachs, another noteworthy black mark on the record of Elena Kagan, the president’s nominee to the Supreme Court, is that she played a significant part in killing off the efforts of 9/11 victims’ families to bring lawsuits against members of the Saudi Royal family for financial links to the conspiracy.Last year, thousands of family members filed suits claiming that Saudi Arabia and four of its princes actively aided in financing the terrorist attacks through front groups posing as charities.The New York Times ran a report in June highlighting how documents uncovered by lawyers for the 9/11 families provide new evidence of extensive financial support for Al Qaeda and other extremist groups by members of the Saudi royal family.The documents consisted of several hundred thousand pages of investigative material assembled by the 9/11 families, according to the report.The families also pointed to a 28-page, classified section of the 2003 joint congressional inquiry into 9/11 that deals with the Saudi role in the attacks.Had the cases been heard, the exposure given to the Saudi connection would have undoubtedly opened the flood gates for more suppressed evidence surrounding the attacks to emerge.
The revelations would undoubtedly shatter the official explanations of the September 11 attacks and point to complicity on the part of US intelligence and security agencies.writer Barry Grey noted at the time in his excellent piece on the government’s effort to shut down the lawsuits.Given its longstanding and intimate ties to the Saudi royal family and Saudi intelligence, it is not possible to believe that the CIA would have been unaware of Saudi support for Al Qaeda and at least some of the 19 hijackers, 15 of whom were Saudi nationals, as they were preparing to carry out the attacks on New York and Washington.Grey wrote.
Enter Elena Kagan.
In her previous role at the Justice Department as Obama’s Solicitor General, she declared that that the princes are immune from petitioners’ claims owing to the potentially significant foreign relations consequences of subjecting another sovereign state to suit.Kagan effectively protected the oil rich Saudi monarchy in seeking to halt further legal action to hold it liable for the attacks.The move just happened to come less than a week before Obama was scheduled to meet and bow before Saudi King Abdullah as part of his rebuilding trip to the Middle East.More than 6000 9/11 family members denounced the move as an apparent effort to appease a sometime ally in a public statement.Less than a month later, The Supreme Court ruled that it would not allow any of the lawsuits to go ahead, agreeing that the Saudi princes should be protected by sovereign immunity – a concept that seems to have no bearing on CIA drone delivered missiles raining down on Afghanistan and Pakistan.Following the debacle, Senators Arlen Specter and Lindsey Graham introduced legislation to allow US citizens to sue foreign governments if there is evidence they may be supporting terrorist activity. Spector said of Kagan She wants to coddle the Saudis.
The Saudi 9/11 Connection
Senator Bob Graham, who sat on the 9/11 Commission, has also charged that Saudi involvement in the attacks has been covered up.As we have previously reported, US authorities, including the FBI, allowed the entire Bin Laden family to fly out of the US, and back to Saudi Arabia, in the days after 9/11, without questioning any of them.Furthermore, agency documents later revealed that the FBI were aware that Osama Bin Laden himself may have personally chartered one of the flights. They subsequently redacted his name from the records in order to protect privacy interests.The documents provide clear proof that the FBI was protecting the Bin Laden while the rest of the world was being told that he had masterminded the biggest terror attack in history. The FBI then attempted to cover up this fact.The same documents revealed that the Bureau did not consider a single Saudi national nor any of the Bin Laden family worthy of investigative value.The protection of Bin Laden by federal authorities has been ongoing since BEFORE 9/11 when agents were told to back off the Bin Laden family in order to protect business interests that the Bush family had with the Bin Ladens and other Saudi nationals.The FBI asserts that no one on the planes that left had any terrorist links, yet documents (specifically FBI document 199I WF213589) uncovered back in November 2001 prove this to be a falsehood.The Obama administration is now continuing the exact same long running policy as the Bush administration by obediently backing the Saudi monarchy and keeping secret this vital information on 9/11.
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.
Okla. braces for more storms days after twisters By TIM TALLEY and ROXANA HEGEMAN, Associated Press Writers – Wed May 12, 6:23 am ET
SEMINOLE, Okla. – Residents in the southern Plains still reeling from a deadly tornado outbreak that forecasters had warned about for days were bracing for even more storms.The National Weather Service said a storm system that was expected to move into the Plains and parts of the Midwest on Wednesday could bring more thunderstorms, heavy rain and possibly even tornadoes to a region that saw deadly twisters two days earlier.Scientists were able to predict almost to the hour when Monday's twisters might strike, thanks to technological advances, particularly the use of supercomputers that can crunch vast amounts of atmospheric data.The line of storms may have spawned as many as 19 tornadoes as it marched through central Kansas and into Oklahoma, leveling houses, flipping cars and dropping hail as big as softballs. Two people were killed and dozens more injured.What is disheartening is to tell people for a week that something is going to happen, get warnings out and still have people lose their lives, said Dick Elder, chief meteorologist with the National Weather Service in Wichita.Since the storms, families have been picking through broken furniture and dented appliances outside their shattered homes. Garbage trucks have been scooping up mattresses and other debris.We're just worried about the next round coming through and water damage, said Sara Hasley, of Tecumseh, who emerged from a neighbor's storm cellar after the violent weather earlier this week to find shingles missing from her mother's roof.
State officials, meanwhile, revised the death toll from that storm system from five to two after discovering three critically injured Cleveland County children had survived. A miscommunication occurred when relatives called a hospital to check on the children, who had been transferred, and state officials were later told they had died, said Oklahoma Department of Emergency Management spokeswoman Michelann Ooten.
The children's 27-year-old mother was killed, as was a 41-year-old man who died in southeast Oklahoma City.Computer models can now forecast threatening storms a week or more in advance — and do so more accurately than ever.Supercomputers at the National Oceanic and Atmospheric Administration in Camp Springs, Md., provide information sent to the Storm Prediction Center in Norman, Okla., and on to National Weather Service field offices, where warnings are issued for local areas.Year after year, the precision and the accuracy of those models increases, said Mike Foster, the meteorologist-in-charge at the National Weather Service office in Norman. What we have to do is build in the minds of people everywhere that there is accuracy in those, and when they hear something seven days out, there is some meaning behind that.In the early 1980s, computer models forecast storms two days in advance. But meteorologists still relied heavily on radar and storm spotters to confirm the location, size and strength of tornadoes.Comparing 20 years ago to today it is different as daylight and dark, Elder said. We still use spotters to verify what we are seeing, but our warnings are so much more.
Despite the advance warning, many people disregarded blaring sirens Monday as three tornado-producing storms bore down on the Oklahoma City area during evening rush hour. Television station video showed motorists clogging roadways as a tornado formed at Norman.That looked to me like people cruising down the road there — business as usual,Foster said.Part of the Oklahoma culture could be to blame. Tornadoes occur frequently here, and with regular TV programming often dumped in favor of storm coverage, forecasters fear people have become desensitized to the seriousness.I believe that if we warn too much, the message, even the frenetic message, starts to blend into the white-noise background of life, Foster said. Misty Vestal, a relative of one of the victims, said extended warnings encourage people to take risks they might not have considered when technology was less advanced. I think a lot of people think they can beat it home,Vestal said. Hegeman reported from Wichita, Kan.Associated Press writers Sean Murphy in Oklahoma City and Murray Evans in Little Axe, Okla., contributed to this report.
SEC says no single cause of market plunge By Jonathan Spicer and Rachelle Younglai – Tue May 11, 8:24 pm ET
NEW YORK/WASHINGTON (Reuters) – The top securities regulator said no single event had been found to explain Thursday's mysterious market plunge, but the shocking drop was unacceptable and additional safeguards were coming.U.S. Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday it would take time to pinpoint the cause and warned that investor confidence could suffer if there were no reforms.The markets failed many investors on May 6, and I am committed to finding effective solutions in the very near term, she said in testimony to the U.S. House of Representatives Subcommittee on Capital Markets.The SEC said after the hearing that it had received recommendations from exchanges and the broker-dealer watchdog Finra for trading curbs and for dealing with erroneous trades. It said it would review them over the next few days.With U.S. stock markets back near levels before the May 6 debacle, many lawmakers appeared satisfied with the SEC and fellow market watchdog, the Commodity Futures Trading Commission.After hearing the testimony from our two regulators I feel a lot more secure, said Paul Kanjorski, the Democrat from Pennsylvania who chairs the subcommittee.But some Republican members of the committee questioned the wisdom of regulators taking action before the causes of the market roller coaster were clear.Although Schapiro gave greater weight to theories that a confluence of events were responsible, no regulator or exchange has provided a full account of events or concluded what caused a lightning-fast 700-point drop in the Dow Jones Industrial Average that rattled investors worldwide.
The sudden evaporation of meaningful prices for many major exchange-listed stocks in the middle of a trading day is unacceptable and clearly contrary to the vital policy objective of maintaining fair and orderly financial markets, Schapiro said.CFTC Chairman Gary Gensler said his agency asked some traders for all communications and positions related to E-mini Standard & Poor's 500 futures contracts. That suggested a more muscular thrust in the complicated probe, and bolstered industry rumors circulating around that contract over the last five days.Schapiro and Gensler both said that computer-driven high frequency trading (HFT) strategies may have exacerbated the sell-off when some of those firms stopped making markets in stocks and futures contracts.But the regulators were unclear about how much of the 10-minute market plunge could be attributed to HFT firms temporarily turning off their machines.Some lawmakers pounced on the rapid traders. California Democrat Brad Sherman questioned whether the fast traders should be subjected to a small tax.The House has already passed a financial regulation reform bill in response to the recent financial crisis. The Senate is currently debating its own version.Nasdaq OMX Group Inc said its internal analysis found no system malfunction or errant trade.
NYSE Euronext said the market's failure stemmed because the other trading venues did not follow the Big Board's circuit breakers.
PRELIMINARY OBSERVATIONS
Schapiro said more than 100 SEC employees were probing last week's events and some staff were now on site at all major markets to monitor trading conditions. Regulators were sifting through massive amounts of data that included more than 17 million trades in listed equities in the hour beginning at 2 p.m. EDT (1800 GMT) on May 6. Schapiro cited the growth of trading in multiple markets over the past few years for the complexity of the probe. But in some preliminary observations, Schapiro sounded skeptical that a large erroneous trade, the so called fat finger scenario, had triggered the brief stock rout. She also said there did not appear to be any unusual trading in Procter & Gamble Co's stock ahead of the decline. Nor had any computer hacker or terrorist activity been identified. The drop in stocks did follow a drop and recovery in the value of the popular E-mini contracts, but Schapiro said the fact that stock prices follow futures prices does not demonstrate what may have been the trigger. Gensler said his agency's inquiries showed the 10 largest traders in those E-mini contracts were on both sides of the market, providing liquidity, during the May 6 events, and clearing and settlement worked effectively and without incident. Gensler and Schapiro said they would publicly disclose their preliminary findings next week.
NEW CIRCUIT BREAKERS MULLED
On Monday, the heads of major exchanges and the SEC agreed to strengthen existing market-wide circuit breakers, develop uniform safeguards for individual stocks and come up with clear rules on erasing erroneous trades. One person familiar with the discussions said the major exchanges are considering a new circuit breaker for stocks listed on the Standard & Poor's 500 index that would trigger a pause in trading if an individual stock fell more than 10 percent in a five minute period. In the hours after the May 6 market swoon, backbiting initially broke out among the exchanges. The sniping has since largely died down as the main market venues propose reforms that they believe they can live with. CME Group Inc, the world's biggest futures exchange operator, said there needed to be better coordination across futures, securities and options markets. NYSE said regulators should require all trading venues use a coordinated mechanism to pause trading. Nasdaq suggested halting trading for 15 minutes when the Standard & Poor's 500 index drops by 5 percent; for an hour when it drops 10 percent; and for the rest of the trading day when there is a 20 percent drop. Currently, circuit breakers exist for broader market drops and are tripped at the 10-percent and 20-percent thresholds. Both the Dow Jones Industrial Average and S&P never reached the crucial trigger point on May 6. The Dow fell as much as 9.2 percent and the S&P 500 was off as much as 8.6 percent during the latter half of Thursday's trading day.(Reporting by Jonathan Spicer and Matthew Goldstein in New York, Rachelle Younglai, Roberta Rampton, Christopher Doering, Kim Dixon, and Phil Wahba in Washington, and Ann Saphir in Chicago; editing by Tim Dobbyn)
Gold flies to record again, dual boost from bailout By Frank Tang – Wed May 12, 3:31 pm ET
NEW YORK (Reuters) – Gold climbed to a second successive record high on Wednesday as investors bet that a proposed $1 trillion European rescue will either fail to prevent a worsening euro zone crisis or will stoke inflation.Clocking its biggest two-day gain since November, gold prices rose 1 percent to near $1,250 an ounce on Wednesday despite a limited recovery in risk appetite that lifted U.S. stock markets and boosted platinum and palladium by more than 2 percent, suggesting that other factors were extending gold's week-long rally initially triggered by a flight to safety.Demand for gold was evident across the spectrum, with retail sales of coins and bullion surging, exchange-traded gold funds drawing a net flow of over $2.3 billion and open interest in U.S. futures nearing a record amid the European crisis and after last Thursday's tumult in U.S. stock markets.For most traders, the focus remained squarely on Europe's efforts to stop the Greek debt crisis from spreading to other countries, although some also said that options-related buying and technical momentum had contributed to the gains.There is still a lack of confidence in the European community whether or not this is going to halt the euro's decline because this is nothing more than an experiment, and people are not sure if anything will work,Bruce Dunn, vice president of trading at New Jersey-based Auramet Trading.
Spot gold hit $1,248.15 an ounce, a gain of nearly 20 percent since early February. It was at $1,245.25 an ounce at 2:22 p.m. (1822 GMT) from $1,232.05 late in New York on Tuesday. Prices have risen 3.5 percent in two days.U.S. gold futures settled up $22.80, or 1.9 percent, at $1,243.10 an ounce.Barclays Capital said that the two key drivers of gold are concerns about the stability of the global financial system and the risk of currency debasement or inflation.While the first of these concerns may have been eased by the massive EU/IMF rescue plan, the second has arguably been heightened by it, Barclays said.Gold priced in euros extended its record high to 988.31 euros an ounce on Wednesday, and has risen 28 percent since early February, outstripping dollar gold's climb.The fact that gold bullion is a real asset, which does not depend for its value on any company or government, makes it compelling as a safe haven investment. said Richard Davis, fund manager at BlackRock's Natural Resources team.Investors and many traders think the scale of Greece's fiscal problems could make it tempting for the country to default, despite the package, which could start a run on the debt of countries such as Spain, Portugal and Italy.
Gold priced in sterling hit a record 840.68 pounds, and in Swiss francs a record 1,385.92 francs.
GOLD COINS, BAR DEMAND STRONG
A range of investors scrambled for gold exposure over the past week, with open interest in COMEX gold futures jumping nearly 6 percent in the past week to 583,504 lots on Tuesday, less than 10,000 contracts below the January 2008 record.Smaller-scale investors piled into the world's largest gold-backed exchange-traded fund (ETF), the SPDR Gold Trust, which said its holdings remained at a record high of 1,192.150 tonnes as of May 11, having surged last week.Gold ETFs, including the popular GLD, have seen more than $2.3 billion in net inflows in the six trading days ended Monday, TrimTabs Investment Research said.Sales of smaller gold investment products like coins and bars also jumped. The Austrian Mint, which produces the popular Philharmonic gold coin, said it sold more gold in the two weeks from April 26than in the entire first quarter, while the U.S. Mint is selling coins at twice its normal rate.Elsewhere Swiss refinery Argor-Heraeus said investor demand for small gold bars and minted products had jumped tenfold since the start of the year. Spot silver rose to $19.68 an ounce, its highest since March 2008. It was last at $19.64 from $19.28 late on Tuesday. The world's largest silver-backed exchange-traded fund, the iShares Silver Trust, said its holdings rose to 9,115.15 tonnes as of May 11, up 27.43 tonnes from the previous business day.Platinum was at $1,740.50 an ounce from $1,702 and palladium at $543.50 from $532 on Tuesday.(Additional reporting by Pratima Desai and Jan Harvey in London).
Morgan Stanley shares drop on reported probe By STEPHEN BERNARD and STEVENSON JACOBS, AP Business Writers - MAY 12,10
NEW YORK – Fears of a growing investigation of Wall Street banks sent Morgan Stanley's stock falling Wednesday even as the company said it knew nothing about a reported inquiry into its mortgage securities trading.The Wall Street Journal reported that federal prosecutors are investigating whether Morgan Stanley misled investors about its role in a pair of $200 million derivatives whose performance was tied to mortgage-backed securities. The newspaper said Morgan Stanley sometimes bet against the success of the derivatives, which were underwritten and marketed to investors by Citigroup Inc. and UBS AG.Morgan Stanley stock fell 58 cents, or 2.04 percent, to $27.80.A Morgan Stanley spokesman said the bank has not been contacted by the Justice Department about the deals in question and has no knowledge of an ongoing investigation.The spokesman said the bank has not received a Wells Notice from the Securities and Exchange Commission. A Wells Notice informs a company that the SEC's staff is recommending bringing charges against the company.Speaking in Tokyo on Wednesday, Morgan Stanley CEO James Gorman said, We have no reason to believe there is any substance behind any supposed investigation.
Janice Oh, spokeswoman for the U.S. Attorney's Office in Manhattan, would not confirm or deny an investigation Wednesday.The reported investigation comes as the Securities and Exchange Commission is charging Morgan Stanley competitor Goldman Sachs Group Inc. with fraud over that bank's packaging of mortgage securities. Goldman Sachs is reported to be facing a separate criminal investigation into whether it misled investors about those securities. Goldman has denied the charges and plans to defend itself against the charges.Federal regulators have been increasing their reviews of whether Wall Street banks misled investors when selling derivatives and other risky securities that have been largely blamed for the credit crisis.Many of the securities were tied to the performance of subprime mortgages. As mortgages increasingly defaulted during the recession, the value of many of the securities collapsed costing investors and the banks billions of dollars.John Coffee, securities law professor at Columbia Law School, said proving wrongdoing by Morgan Stanley will be significantly harder and more challenging than the case against Goldman Sachs. He noted that Morgan Stanley didn't underwrite or market the mortgage deals reportedly being investigated, making it harder to prove that the bank misled investors.A Citigroup spokesman declined to comment on the deals in question. The bank has previously said it is cooperating with the SEC's industrywide investigation into risky subprime mortgage deals that contributed to the financial crisis.
A UBS spokesman declined to comment.
Morgan Stanley itself lost billions of dollars during the recession and credit crisis on its investments in the mortgage-related securities, including deals tied to commercial real estate loans.The investigations into Morgan Stanley and Goldman Sachs also come as Congress discusses a major overhaul of financial regulations that could end up restricting trading at Wall Street banks.
YES I CAN SEE THIS NEW WORLD ORDER BROWN GOING TO THE BANK OF THE WORLD THE I.M.F TO MAKE HIS TRILLIONS AFTER BEING BOOTED FROM THE UK GOVERNMENT.
Is Brown destined for the IMF?
by Andrew Beatty - MAY 12,10
WASHINGTON (AFP) – After three rocky years as prime minister, election defeat has forced Gordon Brown to consider his future and speculation is swirling it might include a stint at the helm of the IMF.After being battered by financial meltdown and backbench revolts Brown may not be looking for a new job quickly, much less one that includes tackling Europe's debt crisis.But little over 24 hours since the Scot left office the chattering classes in London and Washington are already awash with rumors he may be interested in leading the International Monetary Fund.Like his predecessor Tony Blair -- who, erroneously, was tipped to become the European Union's first president -- Brown is being linked with a top international job that would retain his spot on the world stage.
The same rumor mill sees the IMF's current managing director Dominique Strauss-Kahn having another crack at the French presidency in 2012, although he has so far been tight-lipped about his future.In 2006 Strauss-Kahn failed to secure the Socialist Party nomination to challenge for the Elysee Palace.But old IMF hands are cooing about Brown as a serious contender, citing his leadership during the credit crunch and commitment to ending third world poverty.As a long-serving chairman and member of the International Monetary and Financial Committee, which steers IMF policy, Brown has many friends in the relm of Bretton Woods.He was deeply respected by his peers and he provided an important contribution to the policy making of the institution, said Domenico Lombardi, who served on the IMF's Executive Board during Brown's tenure, and who now works at the Brookings Institution.Brown also spent a decade as Britain's Iron Chancellor making many friends, and some enemies in the world of global finance.Still, he is far from a shoo-in, and critics point to his patchy legacy as chancellor.On Gordon Brown's watch, the British banks became too-big-to-fail and the budget deficit spiraled out of control, said Simon Johnson, a former IMF chief economist.He was also a model of resistance to honest advice and transparency on the part of the IMF.
Brown's nationality might be a bigger problem. All 10 of the IMF's managing directors have come from Europe thanks to a gentleman's agreement that also sees the World Bank headed by an American.But as the global balance of power shifts to Asia, Strauss-Kahn's was described, even before taking up his post, as the last European to lead the IMF for some time, according to Jean-Claude Juncker, the head of the eurozone.The G7 has promised repeatedly that the top job at the IMF would no longer go to a European,said Johnson.Enough already with failed European politicians seeking rehabilitation through grandstanding on the global level. Put the IMF back in the hands of dour, serious, and truth-telling central bankers.But according to Lombardi, Brown's previous support for IMF reform may hold him in good sted and much political horsetrading will take place before Europeans relinquish their decades-old hold on the Fund. It is going to be a very tricky issue, he said, for Europeans to lose the privilege of nominating a candidate for the managing directorship, you also need the Americans to forego that privilege at the World Bank. That does not appear to be the case at the moment.Meanwhile the G20 has pressed for the selection of a new IMF boss to be merit-based and transparent, but they never mentioned the magic words with no restriction on the nationality of candidates,said Lombardi. In theory it is still conceivable.
POISONED WATERS
REVELATION 8:8-11
8 And the second angel sounded, and as it were a great mountain burning with fire was cast into the sea: and the third part of the sea became blood;
9 And the third part of the creatures which were in the sea, and had life, died; and the third part of the ships were destroyed.
10 And the third angel sounded, and there fell a great star from heaven, burning as it were a lamp, and it fell upon the third part of the rivers, and upon the fountains of waters;
11 And the name of the star is called Wormwood:(bitter,Poisoned) and the third part of the waters became wormwood; and many men died of the waters, because they were made bitter.(poisoned)
REVELATION 16:3-7
3 And the second angel poured out his vial upon the sea; and it became as the blood of a dead man: and every living soul died in the sea.(enviromentalists won't like this result)
4 And the third angel poured out his vial upon the rivers and fountains of waters; and they became blood.
5 And I heard the angel of the waters say, Thou art righteous, O Lord, which art, and wast, and shalt be, because thou hast judged thus.
6 For they(False World Church and Dictator) have shed the blood of saints and prophets, and thou hast given them blood to drink; for they are worthy.
Some oil spill events from Wednesday, May 12, 2010
By The Associated Press - MAY 12,10
Events May 12, Day 23 of a Gulf of Mexico oil spill that began with an explosion and fire on April 20 on the drilling rig Deepwater Horizon, owned by Transocean Ltd. and leased by BP PLC, which is in charge of cleanup and containment. The blast killed 11 workers. Since then, oil has been pouring into the Gulf from a blown-out undersea well at about 210,000 gallons per day.
HYDRAULIC LEAK
Rep. Henry Waxman said his committee's investigation into the Gulf oil spill revealed that a key safety device, the blowout preventer, had a leak in a crucial hydraulic system. The California Democrat said in a second day of hearings into the spill that the investigation also discovered that the well had failed a negative pressure test just hours before the April 20 explosion.
A SMALLER FUNNEL
BP PLC announced Wednesday that a new containment box — a cylinder called a top hat — was on the sea floor near the wild well that has spewed at least 4 million gallons into the Gulf of Mexico. Engineers hope to work out ways to avoid the problem that scuttled an earlier effort with a much bigger box before they move the cylinder over the end of the 5,000-foot-long pipe from the well. The 100-ton box filled up with an ice-like slush of gas and water, lifting it up and clogging its nozzle.
ANOTHER PIPE
BP also has another plan it might try to siphon oil away from the unchecked well. BP chief operating officer Doug Suttles said Wednesday that engineers hope to link a second pipe to the end of the pipe that was supposed to pump oil from the sea floor before the Deepwater Horizon sunk. The pipe will funnel away the oil that's collected in that original piping, called the riser. Suttles said it could arrive Wednesday and be usable by Thursday or Friday.
LIKE STEAM FROM A GEYSER
Video released by BP showed oil spewing from a yellowish, broken pipe 5,000 feet below the surface. The oil looks like steam rushing from a geyser. The stream occasionally can be seen becoming lighter as natural gas mixes into the gusher. Natural gas has been flowing from the well since the beginning. Suttles said the rate natural gas has been flowing out hasn't changed in the 21 days since the Deepwater Horizon exploded.
FOOTING THE BILL
The White House has asked Congress to raise a liability cap that could limit how much BP has to pay in economic damages. The administration also wants to increase a per-barrel tax on oil companies to replenish a cleanup fund. President Barack Obama also sent a proposal to bring more unemployment assistance and food stamps to help fishermen along the Gulf Coast.
MORE TAR BALLS
The Coast Guard said 4-inch tar balls have been reported along beaches in eastern Alabama. Scientists still have to test the oil, which came ashore several miles west of the Florida state line, to see if it came from the spill. Coast Guard Rear Adm. Mary Landry said Wednesday that testing has confirmed tar balls that washed ashore west at Dauphin Island, Ala., on Saturday were from the spill. Landry said the Coast Guard also found tar balls at South Pass, La., at the end of the Mississippi River, and on the southern end of the Chandeleur Islands, east of New Orleans.Louisiana officials also said tar balls were found on Whiskey Island off the coast of Louisiana, the farthest point west oil has been seen so far.
MEXICO
Mexican officials fear the Gulf oil spill could reach their coasts if the leak is not stopped by August, when seasonal currents start to reverse and flow south. So far, prevailing currents have carried at least 4 million gallons of spilled oil from a damaged BP well toward the north and east, away from Mexico and toward U.S. shores. But those currents start to shift by August. The currents will be completely reversed by October.
THE BLITZ
A Minerals Management Service official said a blitz inspection of deepwater drilling rigs turned up only a couple of minor issues. At a hearing led by the MMS and the Coast Guard in Kenner, La., a Coast Guard official questioned whether the government had an effective safety net for the manufacturing and installation of blowout preventers. Michael Saucier of the MMS testified the government isn't required to inspect the safety devices before they are installed.
ENVIRONMENTALISTS' VIEWS
In the weeks after an oil rig exploded and killed 11 men in the Gulf of Mexico, worried environmental groups scoured the water for oil plumes, set up animal triage centers and stretched boom across shorelines. Activists hope their involvement doesn't end there. They contend this may be the catalyst that America's green movement needs to get Americans to pump less gasoline, buy hybrids and downsize their consumer lifestyle.
DEEPWATER DRILLING
The explosion of the Deepwater Horizon oil rig illustrates the energy industry's push to drill ever deeper in search of huge oil deposits, despite the mammoth risks and unique challenges associated with exploration in such a hostile environment. The lure of the deep is driven by technological advances that make previously inaccessible oil now reachable, and dwindling supplies at shallower depths due to years of exploration. High energy prices and lucrative government incentives have also made it more financially feasible.
DOLPHINS
Federal wildlife officials are treating the deaths of six dolphins on the Gulf Coast as oil-related even though other factors may be to blame. Blair Mase of the National Marine Fisheries Service said Tuesday that the carcasses have all been found in Louisiana, Mississippi and Alabama since May 2. Samples have been sent for testing to see whether oil contributed to the deaths.
EARTH DESTROYED WITH THE EARTH(BECAUSE OF SIN AND GODLESS PEOPLE)
GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.(WORLD TERRORISM,MURDERS)(HAMAS IN HEBREW IS VIOLENCE)
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence (TERRORISM)(HAMAS) through them; and, behold, I will destroy them with the earth.
EU proposes new rules on avoiding volcanic ash By SLOBODAN LEKIC, AP Aviation Writer - MAY 12,10
BRUSSELS – The European air safety agency proposed new procedures Wednesday that would drastically shrink the no-fly zone around volcanic ash particles — a move that should decrease future airspace closures and travel delays.Daniel Hoeltgen, spokesman for the European aviation safety agency, said the new solution adopts the U.S. practice of imposing a 120-mile (190-kilometer) no-fly buffer zone for all aircraft in the vicinity of any visible ash plume. This no-fly zone is hundreds of miles (kilometers) smaller than the one used now in Europe.Last month, a large part of European airspace was closed for five days when ash from the Icelandic volcano drifted over northern and western parts of the continent. It forced the cancellation of 100,000 flights, stranded millions of passengers and caused losses of over $2 billion to the airlines.Many airlines criticized the European airspace closures as an unnecessary overreaction.Flying directly through the plume of a volcanic eruption can damage jet engines, block a plane's sensor instruments and cause other damage. But there is scant evidence so far that the abrasive volcanic ash particles can cause damage it they are dispersed by the wind.Nevertheless, the U.S. and European systems for flying near ash differ fundamentally.
European aviation authorities have three zones — a vast no-fly belt stretching along the entire area where winds have spread the ash, a large additional buffer area where flying is also forbidden, and a clear-air part where aircraft can fly normally.
This method caused the blanket closure of almost all of European airspace when prevailing winds carried the ash from Iceland eastward over the continent in April.In contrast, in the United States, flying is forbidden only the area where the volcanic plume is densest and in a 120-mile (200-kilometer) buffer zone.I can confirm that the agency has been discussing a new solution to the renewed threat of airspace closures due to the volcanic ash cloud, Hoeltgen said.The U.S. Federal Aviation Administration, the European Commission, airlines and national aviation authorities have been involved in the talks, he said. The change still has to be approved by the EU 27 national aviation regulators and the European Commission.The Association of European Airlines — which earlier denounced Europe's previous three-zone method as being based on faulty methodology — immediately welcomed the proposal.
We've been constantly reiterating that these three zones were devised on pretty much nothing aside from wind models calculating the dispersion of the ashes, said Fabio Gamba, the group deputy secretary-general.What EASA is trying to do is lead with a more US-type approach, for which we are grateful, he said.A new eruption from Iceland's Eyjafjallajokul volcano disrupted air traffic between North America and Europe again over the weekend. Ash also floated over the Iberian Peninsula and other parts of southern Europe, eventually touching the North African coast in Morocco before starting to disperse.Eurocontrol, the continent's air safety management agency, said small areas of high ash concentration at lower altitudes were still causing difficulties on Wednesday for trans-Atlantic flights. They were also affecting the mid-Atlantic islands of Madeira and the Azores.Meanwhile, Morocco's Transport Ministry said that ten of its airports — including Casablanca — reopened Wednesday and air traffic had normalized after a daylong shutdown prompted by the drifting ash.Associated Press writer Hassan Alaoui in Rabat, Morocco, contributed to this report.
DISEASES
REVELATION 6:7-8
7 And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see.
8 And I looked, and behold a pale horse:(CHLORES GREEN) and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword,(WEAPONS) and with hunger,(FAMINE) and with death,(INCURABLE DISEASES) and with the beasts of the earth.(ANIMAL TO HUMAN DISEASE).
DRUG PUSHERS AND ADDICTS
REVELATION 18:23
23 And the light of a candle shall shine no more at all in thee; and the voice of the bridegroom and of the bride shall be heard no more at all in thee: for thy merchants were the great men of the earth; for by thy sorceries (DRUGS) were all nations deceived.
REVELATION 9:21
21 Neither repented they of their murders, nor of their sorceries (DRUGS), nor of their fornication, nor of their thefts.
WHO advises precautions in South Africa virus outbreak
Wed May 12, 4:18 pm ET
GENEVA (AFP) – The World Health Organisation on Wednesday advised travellers to South Africa to take precautions against insect bites and contact with raw meat, after an outbreak of Rift Valley fever killed 18 people.WHO advises no international travel restriction to or from South Africa. the agency said in a statement posted on its website.However, WHO recommends that visitors to South Africa, especially those intending to visit farms and/or game reserves, avoid coming into contact with animal tissues or blood, avoid drinking unpasteurized or uncooked meat or eating raw meat, it added.All travellers should take appropriate precautions against bites from mosquitoes and other blood sucking insects.Rift Valley fever is a viral disease in livestock such as cattle, sheep and camels, but can also infect humans through indirect or direct contact with infected animal blood or organs.Human infections have also resulted from the bites of infected mosquitoes, the WHO noted.The advice emerged just weeks before football's World Cup, when thousands of football supporters are expected to travel to South Africa.Most human cases of the disease, which is prevalent in east and north Africa, are mild, according to a WHO factsheet, but it has been deadly in an average of less than one percent of cases with a more severe haemorrhagic form.The statement said the South African government had confirmed 186 cases of the viral fever in humans by May 10, including 18 deaths, in five provinces: Free State, Eastern, Western and Northern Cape, as well as North West Province.
It was not immediately clear when the outbreak began.
The WHO said an initially suspected case in a German tourist, who fell ill on April 7after visiting game reserves and rural areas, had been ruled out by laboratory tests.
Travel medicine professionals and travel medicine services should be aware of the current RVF situation in South Africa in order to provide advice and care accordingly,the UN health agency said.
Pope in Fatima recalls John Paul shooting By NICOLE WINFIELD, Associated Press Writer - MAY 12,10
FATIMA, Portugal – Pope Benedict XVI traveled to the famous shrine of Fatima on Wednesday, recalling the assassination attempt on Pope John Paul II and other sufferings of the church, which he has said included the clerical sex abuse scandal.
Benedict didn't refer directly to the crisis a day after issuing his most explicit admission of the church's own guilt. But he did remind priests and seminarians gathered at a vespers service that they must remain loyal to their vocation and help one another when there is a certain weakening of priestly ideals.He thanked them for their dedication — often silent and certainly not easy — and urged them to seek out new recruits for the priesthood.Benedict traveled to Fatima to mark the anniversary of the date — May 13, 1917 — when three Portuguese shepherd children reported having visions of the Virgin Mary. He will celebrate a Mass here Thursday to mark the anniversary of the visions and the 10th anniversary of the beatifications of two of the shepherds.John Paul was also shot in St. Peter's Square on May 13, 1981 — a coincidence that led him to believe that the Virgin's unseen hand had rescued him from death in the assassination attempt,Benedict said in a prayer at the shrine.
Benedict said John Paul had wanted to give the bullet that was extracted from his abdomen to the shrine as a measure of his gratitude; the bullet today forms part of the crown of the statue of the Virgin in a chapel here where Benedict prayed.It is a profound consolation to know that you are crowned not only with the silver and gold of our joys and hopes but also with the bullet of our anxieties and sufferings, Benedict said.Later Wednesday, Benedict presided over a candle-lit prayer service in which he again referred to the suffering of a wounded humanity, of the problems of the world to tens of thousands of pilgrims whose twinkling candles lit up the night.
In our times, in which the faith in many parts of the world risks going out like a flame that isn't fueled, the priority above all else is to make God present in our world,he said.During John Paul's third and last visit in 2000, the Vatican revealed the so-called third secret of Fatima, the third part of the message the Virgin is said to have told the children: a description of the assassination attempt on John Paul.Turkish gunman Mehmet Ali Agca fired on John Paul in the Vatican's central square in 1981, gravely injuring him. While his motive remains unclear, he was convicted and served his sentence in Italy before being transferred to Turkey, where he was freed earlier this year after serving out the remainder of another sentence.
Agca had said he wanted to visit Fatima when Benedict was here; Portuguese government authorities asked him to postpone the visit, his lawyer said.En route to Portugal on Tuesday, Benedict was asked if the suffering of John Paul contained in Fatima's third secret could be extended to encompass the suffering of the church today concerning the clerical abuse scandal.Benedict affirmed it could, arguing that the Fatima message doesn't respond to a particular situation or time but offers a fundamental response to the constant need for penance and prayer.In terms of what we today can discover in this message, attacks against the pope or the church don't come just from outside the church, he told reporters.The suffering of the church also comes from within the church, because sin exists in the church. This, too, has always been known, but today we see it in a really terrifying way.Many of the pilgrims attending Wednesday's service walked for days to reach Fatima, with some making the final marble stretch of several hundred meters (yards) up to the chapel on their knees in prayer. Many said Benedict's visit gave them hope, particularly as Portugal — western Europe's poorest country — confronts Europe's economic crisis.The pope can inspire people to respect things like charity and loving thy neighbor and not being selfish, said Miguel Ferreira, a 39-year-old businessman who said he walked for days to Fatima.But he added: The pope can only do so much. He can't hike pay.Dozens of shops around the shrine selling religious-themed trinkets also offer imitation body parts in wax, such as limbs, hearts and ears, which the faithful cast into flames by the Chapel of the Apparitions with a prayer asking for the healing of their ailments.Associated Press Writer Barry Hatton contributed to this report.
MUSLIM NATIONS
EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.
PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,(JORDAN) and the Ishmaelites;(ARABS) of Moab, PALESTINIANS,JORDAN) and the Hagarenes;(EGYPT)
7 Gebal,(HEZZBALLOH,LEBANON) and Ammon,(JORDAN) and Amalek;(SYRIA,ARABS,SINAI) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)
DANIEL 11:40-43
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.
JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.
Gazan man says Hamas beat him for alleged affairs By DIAA HADID, Associated Press Writer – Wed May 12, 3:19 pm ET
JERUSALEM – A Gaza art gallery owner said Wednesday that Hamas police repeatedly beat and abused him over allegations that he had had sexual relations with women who are not his wife, which is forbidden by Islamic law.Gaza human rights activists say the rare admission by Jamal Abu Qumsan, who is unmarried, is the clearest evidence yet of a quiet but persistent Hamas morals crackdown in Gaza, as part of an attempt to implement strict Islamic law.They kept asking me as they beat me: who are the girls you sleep with? I told them I'm not sleeping with anybody, Abu Qumsan told The Associated Press in a telephone interview.He said police interrogators beat him across his back, legs and buttocks in hours-long interrogations over three days last week. To back up his claims, Abu Qumsan e-mailed reporters a photo of his bruises.
Abu Qumsan, 43, said he was also accused of hosting exhibitions in his art cafe and gallery without government permits.
Hamas officials were not available for comment.
Human rights activists say that since the Islamic militant group seized power Gaza three years ago, Hamas security officials have interrogated, beaten and detained other residents for belonging to rival Palestinian groups. Hamas officials have often harassed men and women to publicly abide by Hamas' stern Islamic moral code, activists say.However, this is the first time a Gaza resident has said publicly that he was interrogated over his sex life. Activists say other residents have been questioned in a similar manner, but they were too frightened to come forward.If I stay silent, I think they'll take somebody else tomorrow, and then a second person, and then a third, and it will go on and on,Abu Qumsan said.
Russia, Turkey see role for Hamas in Mideast peace process by Anna Smolchenko – Wed May 12, 4:08 pm ET
ANKARA (AFP) – The leaders of Russia and Turkey said Wednesday that the Palestinian Islamist group Hamas should not be excluded from peace efforts in the Middle East, sparking Israel's ire.Unfortunately Palestinians have been split into two... In order to reunite them, you have to speak to both sides. Hamas won elections in Gaza and cannot be ignored, Turkish President Abdullah Gul said at a joint press conference with visiting Russian counterpart Dmitry Medvedev.The Russian president, who met Hamas leader Khaled Meshaal in Damascus Tuesday, stressed that no group should be excluded from peace efforts, without naming the group.Undoubtedly, all parties to this problem should be included more actively (in the process) in order to reach a solution. The process should not exclude anyone, he said through an interpreter.A divided Palestinian administration cannot help resolve the conflict, he said, adding that the division causes the Palestinians to regress.Their remarks and Medvedev's meeting with Meshaal unleashed an angry response from Israel which said that it expected Russia to stand by the Jewish state against Hamas terror.There is no difference between Hamas actions against Israel and Chechen terror against Russia,an Israeli foreign ministry statement said.The foreign ministry vehemently rejects the call from the presidents of Russia and Turkey to include Hamas in the peace process and expresses deep disappointment over the meeting between the president of Russia and Khaled Meshaal in Damascus.Hamas is a terrorist organisation in every aspect, with the outspoken goal of destroying the state of Israel,it said in a statement.Israel has always stood by Russia in its fight against Chechen terror and that is what we expect with regard to Hamas terror against Israel.
Before his talks in Damascus, Medvedev had held a telephone call with Israeli President Shimon Peres during which he was asked to convey a message to Syrian President Bashar al-Assad, according to Peres's office.Peres said Israel has no interest in a war with Syria or in heating up the northern border and that Israel is seeking a genuine peace with its Syrian neighbour.Asked by AFP whether Medvedev had delivered a message, Russian Foreign Minister Sergei Lavrov said Wednesday that Russia's sole aim was to help push forward peace efforts.Everything that was said in Damascus on international issues was aimed solely at moving forward to peace, at reaching a settlement on the basis of UN (Security) Council decisions which were adopted unanimously, he told reporters here.Therefore we did not have a special need to implement this message because this is our position -- to live in peace and solve issues on the basis of the international legal framework adopted by everyone and which should now be implemented by everyone,he added.
Thursday, May 13, 2010
Wednesday, May 12, 2010
CAP& TRADE NUTS AT IT AGAIN-LEFT NUTCASES
TODAY JOHN KERRY AND JOE LIEBERMAN WILL BRING TO GOVERNMENT THE CAP & TRADE INVISIBLE AIR SCAM TO GET PASSED.THESE NUTCASES NEVER STOP WITH THIS WORLD TAX SCAM.
Cap-and-Trade: A Scam Based on a Scam
By Alan Caruba Tuesday, May 11, 2010
It is almost beyond comprehension that Sen. John Kerry (D-MA) and Sen. Joseph Lieberman (I-CT) will introduce the Cap-and-Trade Act on Wednesday, May 12th, for consideration by the Senate. It is being passed off as a climate bill with provisions for more oil drilling, but it is an assault on reality, on science, on common sense, and on any future economic growth of the nation.The nation’s prisons are filled with men still claiming to be innocent after trials filled with evidence of their guilt. Denial of the truth is their last resort and this metaphor reflects what is happening in the utterly corrupt community of global warming liars and their associates in the U.S. government. Recently 225 scientists wrote a letter defending global warming. It was published in the journal Science, one of the many such publications that have become as corrupt as those at the center of the global warming scam. Based on last November’s leaked emails among those most responsible for the data at the heart of the global warming scam, it was revealed that the United Nations Intergovernmental Panel on Climate Change had been systematically publishing false climate information and analysis.
Moreover, the photo used to illustrate the scientists letter was photo-shopped to show a polar bear on a small piece of ice surrounded by water. The deception included the fact that many of the signatories to the letter lack credibility. Among the first 20 listed, none work in the field of climate science.As reported by Tony Hake of Climate Change Examiner, Pediatric surgeons, an expert in the Maya and Olmec civilizations, a chemist that studies bacteria, and a computer pioneer with Microsoft, an electrical engineer, the chairman of a biotechnology firm, and even an expert studying corn are but a few of the 225 experts that signed the letter.Dr. Gerhard Kramm, an atmospheric scientist at the University of Alaska Fairbanks, fired off a letter disputing the usual claim that human activity is causing carbon dioxide emissions that are, in turn, causing global warming. Until today, there is no scientific evidence that an increase of the globally averaged near-surface temperature by less than one Kelvin during the last 160 years can be linked to the increase of the atmospheric concentrations of so-called greenhouse gases.
There is no global warming. Whatever warming occurred followed the end of a mini ice age that began around 1350. Around 1850 the Earth’s temperature increased about one degree Fahrenheit to its current level.The United Nations has been the locus of the greatest hoax perpetrated in the modern era The United Nations has been the locus of the greatest hoax perpetrated in the modern era, codified in the bogus Kyoto Protocol, an international agreement that many nations signed onto in1997. The Clinton administration signed the agreement, but did not implement it due to a Senate resolution that unanimously rejected it. The real aim of the global warming scam is the prospect of selling carbon credits in exchanges around the world, in effect selling air!Cap-and-Trade Act: Constitute the greatest tax on energy use in the history of the nation If the Cap-and-Trade Act is passed at the urging of the Obama administration, it will constitute the greatest tax on energy use in the history of the nation and it will energize exchanges, such as the one in Chicago, set up to buy and sell the carbon credits.
As reported by Investor’s Business Daily on May 7, The carbon trading system being pushed here has spawned crime and fraud across the pond. Cap-and-Trade is not about saving the planet. It’s about money and power, and absolute power corrupting absolutely.The European Emissions Trading System is a warning to America. IBD described it as a scam built upon a scam. British and German law enforcement authorities have been busy arresting miscreants as part of a pan-European crackdown on carbon credit VAT tax fraud.And VAT, a valued added tax, is being advanced in the United States as a way to raise money to pay off our ever increasing debt.Last December, reported IBD, Europol, the European criminal intelligence agency, announced that Emissions Trade System fraud had resulted in about five billion euros in lost revenues as Europe’s carbon traders schemed to avoid paying Europe’s VAT and pocket the difference. In announcing the raid, the agency said that as much as 90% of Europe’s carbon trades were the result of fraudulent activity.The entire global warming theory has been a scam, a hoax and a fraud from the day it was first put forth. Its advocates, corrupt scientists, corrupted science journals, and all of the environmental organizations are hoping the same Congress that foisted Obamacare on Americans will do the same with Cap-and-Trade.Alan Caruba, 2010
LISTEN TO THE SHOW HERE INFOWARS.COM
http://www.infowars.com/
OBAMA DECEPTION
http://www.youtube.com/watch?v=eAaQNACwaLw
FALL OF THE REPUBLIC MOVIE
http://www.youtube.com/watch?v=F8LPNRI_6T8&feature=player_embedded
ENDGAME GLOBAL ENSLAVEMENT
http://video.google.com/videoplay?docid=1070329053600562261
POLICE SATE 4-THE RISE OF FEMA MOVIE
http://www.youtube.com/watch?v=Klqv9t1zVww&feature=player_embedded
INVISIBLE EMPIRE MOVIE
http://www.youtube.com/watch?v=NO24XmP1c5E&feature=player_embedded
BOHEMIAN GROVE NWO OCCULTISTS
http://video.google.com/videoplay?docid=-82095917705734983
WITCHCRAFT IN THE WHITE HOUSE
http://www.youtube.com/watch?v=AmaiX86sUoc&feature=related
http://www.youtube.com/watch?v=IF2eILED00s&feature=related
http://www.youtube.com/watch?v=ZARWvlz_yKI&feature=channel_page
http://www.youtube.com/watch?v=Sbh7KrUwawI&feature=channel
http://www.youtube.com/watch?v=4IG0tmvCozU&feature=channel
http://www.youtube.com/watch?v=NgP-SyrooKI&feature=channel
OBAMA SCAM
http://www.youtube.com/watch?v=9V1nmn2zRMc&feature=player_embedded
PHIL BERG - OBAMA CRIMES
http://obamacrimes.com/
LAURIE ROTH SHOW
http://therothshow.com/
DOUG HAGMANN
http://homelandsecurityus.com/
CANADA FREE PRESS-JUDI MCLEOD
http://www.canadafreepress.com/
JUNE 29TH ELLIGABILITY CASE
http://www.wnd.com/index.php?fa=PAGE.view&pageId=137773
AND THE OTHER ISSUE WE MUST KEEP ON THE TABLE AND IN PEOPLES MEMORY IS THAT BARRY SOETORO IS REALLY BARACK OBAMAS REAL NAME AND HE WAS BORN IN KENYA NOT AMERICA.BARRY SOETORO AKA BARACK OBAMA IS NOT ELLIGABLE TO BE THE PRESIDENT OF THE USA GOVERNMENT.EVERYTHING HE SIGNS IN BARACK OBAMA IS ILLEGEL,BECAUCE HIS REAL NAME IS BARRY SOETORO.AMERICAS CONSTITUTION WILL BE IN SHAMBLES ONCE THIS SCAM IS FINALLY REVEALED TO THE WORLD.
BY THE TIMELINE IN OBAMAS OWN BOOKS-OBAMA WENT TO PAKISTAN ON HIS INDONESIAN PASSPORT.ANOTHER ISSUE OUT OF 400 PEOPLE AT COLUMBIA THAT GRADUATED THE YEAR OBAMA OR BARRY SOETORO DID,NO ONE COMES FORWARD TO SAY THEY KNEW HIM.HOW COME AT HAWAII HOSPITAL WERE OBAMA CLAIMS HE WAS BORN,NO NURSES OR ANYBODY CAME FORWARD TO SAY THEY WITNESSED OR TOOK PART IN THE BIRTH.THIS BARRY SOETORO OR AKA BARACK OBAMAS LIFE IS A COMPLETE FRAUD.AND AMERICA IS CONNED TO BELIEVE THE LIE.WHY WOULD SOETORO AKA OBAMA SPEND 2 MILLION DOLLARS TO STOP ALL THESE LAWSUITS IF THERES NO COVERUP.HE WOULD JUST SHOW THE PROOF OF EACH EVENT-PLACE OF BIRTH,CERTIFICATE AND REAL NAME BARRY SOETORO INDONESIAN PASSPORT.
The proof is everywhere from statements and affidavits from Government parliament sources and Obama’s own Grandmother who says she saw him born in a hospital in Mombassa Kenya. The former ambassador to Kenya says Obama was born in Mombassa Kenya, so do others. Check out the affidavits at www.obamacrimes.com and join Phil Berg and other concerned citizens for a huge eligibility protest march May 29th 12-4pm.
ONE SUCCESS AT LEAST THE FED WILL BE AUDITED BACK TO 2007.THE GOVERNMENT FINALLY TOOK ACTION,ITS ABOUT TIME.
Alan Grayson: We Beat The Fed Paul Joseph Watson
Prison Planet.com Wednesday, May 12, 2010
While many are expressing disappointment and even despair that the Senate voted down Ron Paul’s audit the Fed bill while passing a weakened version, Congressman Alan Grayson is confident that the stronger provisions of the original House amendment can be added in Committee, ensuring the Federal Reserve doesn’t get off the hook, as Congressman Paul has warned.The Senate last night voted 96-0 in favor of a compromise amendment that requires the GAO to conduct a one time audit of the Federal Reserve that will focus on which financial institutions received over $2 trillion dollars in bailout funds during the peak of the economic crisis.However, the Senate voted down 37-62 Senator David Vitter’s audit the Fed amendment, which mirrored Ron Paul’s version that was passed by Congress. The stronger version would have ensured ongoing congressional audits and would have severely hampered the Fed’s ability to continue its credit swap program which has seen billions of U.S. dollars sent to foreign banks.Congressman Paul has dismissed the watered down version as a placebo amendment that lets the Fed off the hook, noting with suspicion how it was enthusiastically supported by the Obama administration.If they’re all supporting it, I would be very suspicious that the Fed is quite aware of this and they’re satisfied with this and maybe they think they’re getting off the hook, Paul said in a recent interview.However, Congressman Alan Grayson, who has been a vehement supporter of Ron Paul’s efforts to properly audit the Fed, believes that the one time audit is an important step towards full transparency.
Grayson is confident that a one time audit would expose the Fed’s arguments for secrecy as a ruse, leading to greater pressure to enact regular audits. He believes that the stronger provisions of the Ron Paul version can be merged into the bill the Senate passed last night.The Senate audit provision isn’t as strong as what we passed in the House, writes Grayson, adding, The Senate provision has only a one-time audit, whereas what we passed in the House would allow audits going forward. There will be a conference committee that will merge the provisions from the two bills….So we will be fighting on to get a full audit from the conference committee.
No longer can Ben Bernanke get away with saying, I don’t know. Now, we’re going to know who got what, and why,writes Grayson, referring to his confrontations with Bernanke in which he demanded to get answers on where the bailout money had gone.
Grayson says the one time audit represents significant progress given the overwhelming opposition to Fed transparency just months ago.Let’s not lose sight of what we have accomplished so far – real independent inquiry into the Fed, and its incestuous relationships with Wall Street banks. For the first time ever,writes Grayson.Our calls, emails, lobbying, blogging, and support really mattered. We made it happen. Today, we beat the Fed,he concludes.It remains to be seen whether Grayson can help piggy back the stronger provisions onto the watered down amendment, but as it stands, the version passed by the Senate will at least crank the door ajar on Fed secrecy. But some fear that door could once again be slammed shut subsequent to a whitewash and a limited audit.During a speech on the House floor last night, Congressman Ron Paul reacted to the failure of the stronger version of the bill by imploring full transparency in light of the Fed’s decision to restart loans to foreign banks and governments, which is heaping more future misery on American taxpayers and threatening the long term survival of the U.S. dollar.
Watch the clip below.
http://www.youtube.com/watch?v=_FRq4hB48fE&feature=player_embedded
http://www.foxnews.com/world/2010/05/10/world-health-organization-moving-ahead-billion-dollar-internet-tax/
Updated May 10, 2010 World Health Organization Moving Ahead on Billions in Internet and Other Taxes By George Russell- FOXNews.com
The World Health Organization is moving full speed ahead with a controversial plan to impose billions of dollars in global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray.The World Health Organization (WHO), the United Nations' public health arm, is moving full speed ahead with a controversial plan to impose global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray.The aim of its taxing plans is to raise tens of billions of dollars for WHO that would be used to radically reorganize the research, development, production and distribution of medicines around the world, with greater emphasis on drugs for communicable diseases in poor countries.
The irony is that the WHO push to take a huge bite out of global consumers comes as the organization is having a management crisis of its own, juggling finances, failing to use its current resources efficiently, or keep its costs under control — and it doesn't expect to show positive results in managing those challenges until a year from now, at the earliest.Fox News initially reported last January on the suite of proposals for new and innovative sources of funding, prepared by a 25-member panel of medical experts, academics and health care bureaucrats, when it was presented of a meeting of WHO's 34-member Executive Board in Geneva.Now the proposals are headed for the four-day annual meeting of the 193-member World Health Assembly, WHO's chief legislative organ, which begins in Geneva on May 17.The Health Assembly, a medical version of the United Nations General Assembly, will be invited to take note of the experts' report. It will then head back with that passive endorsement to another Executive Board meeting, which begins May 22, for further action. It is the Executive Board that will give effect to the Assembly's decisions.
What it all means is that a major lobbying effort could soon be underway to convince rich governments in particular to begin taxing citizens or industries to finance a drastic restructuring of medical research and development on behalf of poorer ones.
The scheme would leave WHO in the middle, helping to manage a global health research and innovation coordination and funding mechanism, as the experts' report calls it.In effect, the plan amounts to a pharmaceutical version of the U.N.-sponsored climate-change deal that failed to win global approval at Copenhagen last December. If implemented as the experts suggest, it could easily involve the same kind of wealth transfers as the failed Copenhagen summit, which will send $30 billion a year to poor nations, starting this year.The WHO strategy involves a wide variety of actions to transfer pharmaceutical-related technology, and its production, along with intellectual property rights, to developing countries, according to a condensed global strategy and plan of action also being presented to the World Health Assembly.
Regional networks for innovation would be cultivated across the developing world, and some regions, such as Africa, would be encouraged to develop technology to exploit traditional medicines.According to the condensed plan of action being presented to the Assembly, a number of those initiatives are already well under way.
Click here to read the plan of action.The rationale for the drastic restructuring of medical R and D, as outlined in the group of experts' report, is the skewed nature of medical research in the developed world, which concentrates largely on non-communicable diseases, notably cancer, and scants research on malaria, tuberculosis and other communicable scourges of poor countries. It cites a 1986 study that claimed that only 5 percent of global health research and development was applied to the health problems of developing countries.(In dissecting contemporary medical R and D, however, the expert report glosses over the historical fact that many drugs for fighting communicable diseases in developing countries are already discovered; the issue in many cases is the abysmal living and hygienic conditions that make them easily transmitted killers.)What truly concerns the experts, however, is how to get the wealth transfers that will make the R and D transfers possible — on a permanent basis. The panel offers up a specific number of possibilities.
Chief among them:
-a digital or bit tax on Internet activity, which could raise tens of billions of U.S. dollars;
-a 10 percent tax on international arms deals, worth about $5 billion per annum;
-a financial transaction tax, citing a Brazilian levy that was raising some $20 billion per year until it was canceled (for unspecified reasons);
-an airline tax that already exists in 13 countries and has raised some $1 billion.
Almost casually, the panel's report notes that the fundraising effort would involve global changes in legal structures — and policing. As the report puts it: Introducing a new tax or expanding an existing tax may require legal changes, nationally and internationally and ongoing regulation to ensure compliance.As a backup, the panel offers some less costly, voluntary alternatives, including solidarity contributions via mobile telephone usage, or set-asides on income taxes.
Yet another alternative: new health care contributions from countries such as China, India or Venezuela, or higher contributions from rich countries — neither idea looking likely in the current climate of international financial crisis. In the report's words: channeling these resources in this way can only be achieved if there is political will to do so and a convincing case is made.Click here to read the financing report.As follow-up, the experts suggest that WHO promote each and every suggested approach for new financing, along with regulatory harmonization and integration in the developing world, research and development platforms in the developing world,and new product development partnerships to kick-start the global medicines program.Just as big an issue for WHO, however, may be whether it can adequately manage the money it is already getting — or trying to get — for its current planned needs.Other budget documents intended for the World Health Assembly, and obtained by Fox News, paint a picture of an organization where:
-spiraling financial demands are beginning to outstrip the ability of member-nations to pay;
-outsized headquarters budgets, in contrast to the regional and country networks where WHO's public health work is largely done, are rising even faster than the overall budget; and
-efforts to control onerous staff costs are just getting underway.
Those challenges are laid out in WHO's proposed biennial budget for 2010-2011, which calls for a combination of mandatory and voluntary contributions from the world's nations — meaning, overwhelmingly, the three dozen richest ones — of $5.4 billion — a whopping 27 percent increase over the same initial draft figure for 2008-2009.
But that increase, large as it is, will likely be far less than WHO needs before the latest biennium ends. In 2008-2009, the initial $4.23 billion draft budget was revised to a final $4.95 billion during the two-year period, a 17 percent increase.
Using the same inflationary measure, WHO's spending could well climb to $6.3 billion before the end of 2011.Click here for the draft 2010-2011 budget.One of the biggest jumps would come in the spending centered on WHO's headquarters in pricey Geneva — a 44 percent climb in its share of program budgets, from $1.18 billion to $1.7 billion, even before any future revisions.WHO planners point to the shrinking value of the U.S. dollar, its budgeted currency, against the Swiss franc as a major factor, which they say has increased costs by 15 percent. But other factors include more meetings for WHO's governing bodies and salary provisions for the top officers of the WHO Secretariat.According to documents presented to the program, budget and administration committee of WHO's Executive Board, headquarters costs for the organization have remained proportionately steady for years at almost 38 percent of WHO's spending, however much that spending has grown. The ratio is striking, since WHO devotes most of its efforts to improving health care conditions in the developing world.The organization's stated goal is to spend only 30 percent of its program funding in Geneva, but the same planners think it is unrealistic to think WHO will reach that objective, even by 2013.In foggy bureaucratic language, they declare that a change that is too swift and radical will be disruptive to the entire function of the Organization or fail because of an insurmountable accumulation of practical problems of execution.
Translation: the WHO bureaucracy won't easily cooperate.In a bid to get the head-to-tail ratio under better control, WHO's top managers have set ceilings for headquarters hiring, but these only went into effect this year. The hiring limits will not cut the Geneva head-count but limit its further growth — an acknowledgement, the document says, that staff numbers are the main driver of WHO's expenditures.That combination of WHO's sharp hikes in costs and a grim economic climate have led to another major management problem: continued disparities between the approved budgets and the available resources.In other words, WHO's member states and donors are not paying up as fast as the organization is spending the money across its many and varied priorities, leading to budgetary juggling and behind the scenes efforts to get major donor countries to ante up future contributions in advance, and cough up more voluntary funds in the future.In its planning committee documents, the WHO bureaucracy promises to get a better grip on its finances in the near future.Among the cost management efforts will be higher levies on voluntary donations to cover WHO staff costs — higher administrative fees, in short — along with more voluntary and fully flexible donations that can be used at the management's discretion, rather than being earmarked for specific programs.Click here for the resource management report.It will be another year, however, before WHO's overseers will be able to see if its management juggling will bear adequate fruit.All in all, that is not a confidence-building credential for an organization that is simultaneously trying to reorganize the world's medical research, development, production and distribution system — and make the world's consumers and taxpayers pick up most of the multibillion-dollar tab.George Russell is executive editor of Fox News.
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS WED MAY 12,2010
09:30 AM +1.25
10:00 AM +81.47
10:30 AM +92.50
11:00 AM +93.33
11:30 AM +79.12
12:00 PM +84.64
12:30 PM +110.03
01:00 PM +114.64
01:30 PM +123.16
02:00 PM +118.50
02:30 PM +134.07
03:00 PM +143.14
03:30 PM +144.57
04:00 PM -148.65 10,896.91
S&P 500 1171.67 +15.88
NASDAQ 2425.02 +49.71
GOLD 1,240.70 +20.40
OIL 75.38 -0.99
TSE 300 12,196.10 +195.50
CDNX 1625.73 +13.15
S&P/TSX/60 716.83 +11.84
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +33 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +150 points at high today so far.
GOLD opens at $1,239.00.OIL opens at $76.28 today.
GOLD AT ALLTIME HIGH OF $1,248.20
AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +150 points at high today so far.
WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +150 points at high today.
CRUDE OIL +1.9 MILLION BARRELS.
GASOLINE -2.8 MILLION BARRELS.
DISTILLATE INVENTORIES +1.4 MILLION BARRELS.
REFINERY UTILIZATION
GREECE ITS ROBBERY,NOT BAILOUT
http://www.youtube.com/watch?v=FOENajeR2qE&feature=player_embedded
The Fed Is Using Its Cronies And Lobbyists To Stop Us From Auditing It Ron Paul Texas Straight Talk Tuesday, May 11th, 2010
It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money’s worth in the Senate.At the very last minute on the floor of the Senate, supposed compromise language was agreed to and substituted in the Sanders Amendment to the Financial Reform Bill. This language was acceptable to the administration, committee leadership, and to the Fed. The trouble is, while it is better than no audit at all, it guts the spirit of a truly meaningful audit of the most crucial transactions of the Fed. In fact, rather than still calling the Sanders Amendment an audit, maybe it should instead be called more of a disclosure at this point.The new language of the Sanders Amendment requires a one-time disclosure from the Fed of 13(3) facilities, foreign currency swaps and mortgage-backed securities. Basically, their sins of the past would be revealed and Americans would know more about who got bailed out by the Fed and under what terms. This would be good, but its not nearly enough.
Taxpayers are sick and tired of bailing out privileged, dysfunctional institutions that should be allowed to fail in order to stop their ability to wreak havoc on our economy. Perpetuating these corporations at taxpayer expense is not just wasteful, it is actively harmful. It would be good to know what went on in the past, but what about accountability in the future? A one-time disclosure now will not do us a lot of good down the road when the cycle repeats itself and friends of the Fed find themselves in trouble again.More importantly, agreements with foreign central banks are not touched by the new Sanders Amendment language. At a time when Greece, Portugal, Spain and other countries are experiencing dire financial crises and have their hands out to the international community, we need to know if our Federal Reserve is at all involved in bailing them out. As weary as we are of bailing out companies, the American people would not stand for bailing out entire countries. Our government is wasteful enough in its own affairs without contributing to the waste of other countries. Yet the Fed currently has the tools it needs to do just this, and to do it in secret.If we cannot take away the Fed’s ability to waste trillions of taxpayer dollars on failing companies and failing countries, at the very least, we can take away their ability to do this with no transparency or accountability to the American people. While the Sanders Amendment no longer contains a full audit, Senator David Vitter has introduced an amendment which contains the Audit the Fed language that passed the House last fall. The Senate must pass the Vitter amendment for full disclosure and full accountability going forward.
Barroso calls for reform as shine fades on bail-out
ANDREW WILLIS 11.05.2010 @ 17:40 CET
EUOBSERVER / BRUSSELS - European Commission President Jose Manuel Barroso has called on member states to tackle the imbalances behind the eurozone's recent crisis, as the sheen on Europe's day-old financial support mechanism already shows signs of fading. It's not just about giving money, its about asking member states of the eurozone to make additional efforts for the correction of some unbalances that still exist,Mr Barroso said on Tuesday (11 May) after meeting with OECD secretary general Angel Gurria in Brussels.EU finance ministers yesterday agreed a massive €750 billion relief package, together with the IMF, to prop up struggling eurozone governments that may need to request external help. Just days before, euro area leaders signed off a €110 billion bail-out for Greece.Rising government debt and deficit levels have catapulted the region into a maelstrom of financial turmoil in recent months, as investors increasingly questioned the credit-worthiness of member states.Mr Gurria said Monday's rescue package has credibility and was the right size. I think it is going to generate the time to look objectively at the fiscal problems that made it necessary in the first place, he added. We will see in the next few days Portugal announce special additional efforts and I'm sure that tomorrow Spain will come out with a very strong package,the OECD chief said in reference to the two southern economies that have come under the glare of markets.
Others agree that the massive eurozone support package - made up of €60 billion in immediately accessible funds, €250 in IMF money and €440 in bilateral loan guarantees - will do little more than buy the beleaguered currency bloc limited breathing space. On Monday, Finnish Prime Minister Matti Vanhanen said: The most important thing after this decision ... is to avoid feeling good about everything being well permanently, because in the background there are the bloated deficits.
As well as agreeing stronger budgetary rules to stamp out excessive deficits, Mr Vanhanen said the EU must implement structural reforms to increase its competitiveness relative to the rest of the world. The economy of the eurozone contracted 4.1 percent in 2009, and is expected to grow by a meagre one percent this year. In comparison, the United States, where the crisis originated, saw its economy dip just 2.4 percent last year, with growth of 3.1 percent forecast for 2010. Already on Tuesday, market euphoria related to the European financial stabilisation mechanism showed signs of waning, with European stocks and the euro currency closing lower than the previous day.
Commission proposals
Mr Barroso's comments come less than 24 hours before the EU executive is due to publish an ideas paper on greater economic co-ordination and tighter budgetary rules for the European Union. Speaking from New York on Monday, the EU's internal market commissioner Michel Barnier said greater harmony in budget policies would be needed to prevent a repeat of the recent crisis that plunged the euro currency. More economic governance is needed in the eurozone, more co-ordination and supervision of budgetary and economic policies, he said.However, colleague Olli Rehn, the EU's economy commissioner, received a frosty reception from EU finance ministers meeting in Madrid last month when he suggested euro area members and the commission should examine national budgets before they were passed to national parliaments. Amongst other ideas expected to feature in Wednesday's commission communication are plans to reduce EU funding for national governments that repeatedly break the bloc's budgetary rules.
Obama calls for resolute spending cuts in Spain
VALENTINA POP Today MAY 12,10 @ 09:26 CET
EUOBSERVER / BRUSSELS – US President Barack Obama on Tuesday asked Spain for resolute action to stem its widening deficit, in order to regain market confidence in the eurozone and avoid a spill-over effect from Greece.President Obama and Spanish President Jose Luis Rodriguez Zapatero ... discussed the importance of Spain taking resolute action as part of Europe's effort to strengthen its economy and build market confidence,the White House said in a statement. Washington is backing austerity measures in Spain and other European countries because of a fear that anything might stem the recovery that we believe is taking place, Mr Obama's spokesman, Robert Gibbs, told journalists in Washington.Mr Obama's phone call to Madrid was part of the ongoing consultations with close allies on the troubles affecting the eurozone, he added.The US president has been working the phones in recent days to EU leaders struggling to defend the eurozone from growing market speculation on its ailing southern economies.His extensive talks with German Chancellor Angela Merkel and French President Nicolas Sarkozy are believed to be one of the catalysts behind the €750 billion bailout agreed over the weekend by the leaders of the eurozone.Mr Zapatero is due to present on Wednesday (12 May) spending cuts of €5 billion this year and a further €10 billion in 2011, in a bid to stem the public deficit, which is currently at 9.8 percent of the GDP.
According to the eurozone's internal rules, deficits cannot surpass 3 percent of the GDP. Spain already approved an austerity package in January but has so far failed to cap its widening deficit.EU leaders last weekend pressed Madrid for even deeper cuts, saying that these plans are not tough enough to calm markets, but Spanish finance minister Elena Salgado managed to resist the pressure, El Pais reported.She argued that the meeting was called to discuss bail-out mechanisms, not Spanish austerity, and to plead for more time for her government to come up with additional measures.Cutting social benefits will be tough for Spain's centre-left government as the country's unemployment rate has recently surpassed 20 percent and the economy is expected to shrink by 0.4 percent. In addition, Spain's tax inspectors' union (Gestha) calculates that 23 percent of the country's GDP is attributable to its shadow economy, which grew about 0.7 percent last year.
David Cameron becomes UK leader in pact with Lib Dems
LEIGH PHILLIPS Today MAY 12,10 @ 09:28 CET
After 13 years in opposition, the UK's Conservative Party has returned to office heading the first coalition government the country has known since World War II, following the failure of talks between the Liberal Democrats and the Labour Party to forge a deal between the two left-of-centre parties.Tory leader David Cameron, speaking on the steps of Number 10 Downing Street as supporters cheered and opponents already began to gather, said: This is going to be hard and difficult work.
Liberal leader Nick Clegg is to be awarded the deputy premiership in return for his party providing a stable alliance to the Conservatives, who had won the most seats and votes, but were shy of an outright majority.It is understood that talks between the Liberal Democrats and Labour foundered as prominent Labour actors began to publicly baulk at the idea of a coalition, underlining to the Liberals the fragility of any would-be partnership between the two parties and a ragged band of minor parties.
Beyond Mr Clegg prominent place in the new government, the Liberals have won five cabinet roles and 15 other lower-ranking ministerial positions.Conservative George Osborne is to be chancellor and William Hague, a former Tory leader, is to be foreign secretary.Full details of the pact between the two sides are still unknown, but the agreement will see a review of laws that Liberals and others have argued under Labour undermined civil liberties, and the Labour-introduced ID card system will be scrapped.The lynchpin to the deal however was a promise of a referendum on an alternative vote system, a step towards a more continental proportional representation form of voting, to replace the current 'winner-takes-all' first-past-the-post system. However, Conservatives will be allowed to campaign against the change during the referendum.The Liberals, who had backed an amnesty for irregular immigrants in the election campaign, for their part have now accepted the Tories' plans for an annual cap on immigration.They have also given way over Tory wishes to deliver a special tax status to married couples.Underscoring traditional conservative themes of personal responsibility, Prime Minister David Cameron said his new era would be one in which We do not just ask what are my entitlements, but what are my responsibilities, one where we don't ask just what am I just owed, but more what can I give.
Outgoing leader Gordon Brown for his part declared that despite the result, a majority of UK voters had supported left-of-centre parties: We know more certainly than ever before that there is a strong progressive majority in Britain, I wish more than I can possibly say that I could mobilise that majority.One thing that will not change is that I am Labour and Labour I will always be, he said.
EU farming nations oppose Mercosur talks ahead of key summit
ANDREW WILLIS Today MAY 12,10 @ 09:22 CET
EUOBSERVER / BRUSSELS - A group of ten EU member states have indicated their opposition to the resumption of South American trade talks, just days before European and Latin American leaders are to sit down for a major summit in Madrid. Led by France, the ten states on Tuesday (11 May) said the resumption of talks with the Mercosur trading bloc, comprised of Argentina, Brazil, Uruguay and Paraguay, sent a highly negative signal to Europe's struggling farm sector.The European Commission last week announced its decision to restart the talks, suspended in 2004, citing clear economic benefits for both sides from an eventual deal. But Europe's farming nations fear the agricultural might of Argentina and Brazil, two of the world's largest beef producers, and say no further concessions can be granted above those already given under the Doha round of multilateral trade talks.The ten nations propose to submit a joint statement to EU agricultural ministers next Monday, reports AFP, the same day a bilateral EU-Mercosur summit is scheduled to take place in Madrid. A statement from the ten opposing the resumption of talks, Austria, Finland, France, Greece, Hungary, Ireland, Luxembourg, Poland, Romania and Cyprus, read: We regret that it has been taken without prior political debate with the Council, and without a debate on the possible economic impact of an agreement.The ambitions and interests of both parties do not appear to allow progress to be made in these negotiations, which were begun in 1999, unless further concessions are made on agriculture by Europe, and this would be unacceptable,its continues.
Lat-Am summits and trade complications
The latest dispute will add to already existing frictions between Europe and central and southern American regions. Madrid has used its six months at the helm of the EU presidency to push forward a number of bilateral trades deals with its former colonies, but the commission was last week forced to suspend talks with the central American trade bloc due to a number of outstanding differences.It now looks increasingly unlikely that the deal will be initialed in Madrid next week at a bilateral meeting between the two sides on 19 May, despite the EU apparently waiving concerns related to a coup d'etat in Honduras last June, following which there were widespread reports of human rights abuses.A majority of Latin America's leaders had threatened to boycott the main EU-Latin America and the Caribbean Summit on Tuesday (18 May) in protest against the attendance of the new conservative Honduran leader, Porfirio Lobo. In the end, Mr Lobo said he would skip the main event to enable it to go ahead. The EU will be represented by European Council President Herman Van Rompuy, Commission President José Manuel Barroso, EU High Representative Catherine Ashton and trade commissioner Karel De Gucht.Bilateral trade talks between the EU and Peru and Colombia were wrapped up in March, in time to be initialed next week, but they too have proved problematic. Endowed with fresh powers under the EU's new rulebook, the Lisbon Treaty, a large number of MEPs have signaled they will refuse to give their final approval to a bilateral deal with Bogota until the country improves its human rights record. Colombia currently has the highest rate of trade unionist murders in the world.
Bolivia and Ecuador had formerly been part of bloc-to-bloc talks between the EU and Andean Nations, but the two dropped out, resulting in the commission initiating bilateral discussions with Peru and Colombia instead, a decision criticised by Bolivian vice-minister for foreign affairs Pablo Guzman in the European Parliament last month. Since the start of bilateral talks we have had something of a crisis in the Andean community,he told MEPs in the parliament's trade committee.
Diplomatic service talks proceed in fractious atmosphere
HONOR MAHONY 11.05.2010 @ 18:10 CET
EUOBSERVER / BRUSSELS - Four-way talks on finalising the diplomatic service broke off on Monday evening (10 May) with no real progress between the two main protagonists - EU foreign policy chief Catherine Ashton and the European Parliament.
The two-and-a-half-hour-long debate involving Ms Ashton, two MEPs, Spanish foreign minister Miguel Moratinos and institutional affairs commissioner Maros Sefcovic came no closer to finding a compromise on issues identified by the parliament as being essential for its approval of plans for the new service.Sources close to the discussions suggested the Ashton camp was frustrated at the MEPs' insistence on talking about nitty-gritty details rather than looking to achieve an overall political agreement. From Ms Ashton's point of view, the talks did not go down that well,said an official.The foreign policy chief's blueprint for the service was accepted by member states toward the end of last month. The European Commission has also given its political backing. But the wild card in the negotiations is proving to be the European Parliament.Its co-decision power over changes to the financial and staff regulations - needed to get the service on its feet - gives MEPs a de facto veto. According to the leader of the Liberal faction in the chamber, Guy Verhofstadt, present at Monday's talks, last night's discussion ... has unfortunately not led to any great progress on the EEAS [European External Action Service] dossier.[The parliament] is prepared to move quickly on these issues - and indeed our initial report on the EEAS dates back to October last year - but so far we have seen little sign of movement from the Council, he noted.
Among the most important demands on the parliament's wish-list - there is about 10 issues on the table - is attaching the diplomatic service to the European Commission in budgetary terms and the appointment of political representatives to deputise the ever-busy Ms Ashton.Mindful of the recent EU trend towards intergovernmentalism - agreements between member-state governments rather than ones crafted by EU institutions - MEPs say the service must be attached to the commission, otherwise it risks setting a precedent for other pseudo institutions in charge of spending vast amounts of EU money but outside immediate political control. They are also looking for clarity on who should represent Ms Ashton on foreign policy issues and stand firmly opposed to a civil servant taking on the role.
Concessions
Ahead of the talks Ms Ashton sent a letter to the EP budgetary committee in which she assures the purse-string-holding deputies that parliament will have its full powers of discharge over the EEAS with me in the front line in terms of political accountability.She has also drafted a statement on political accountability, seen by EUobserver, which tackles the 10 issues on the table due to be discussed with parliament. The statement makes some important concessions to the assembly, including pledging that parliament will be consulted on the planning of election observation missions; slightly extending the current system of allowing five MEPs access to classified information to other MEPs on a need to know basis; and giving information about planned common foreign and security policy missions ahead of their deployment.Points that are likely red lines for Ms Ashton, who needs to keep member states on her side, include demands by deputies in the budget committee to limit the room for manoeuvre within the Common Foreign and Security Policy budget by making it much more detailed and by stopping portions of funds from being transferred from one part of a mission to another. Member states are keen to keep the status quo in order to respond quickly to unforeseen events and to prevent MEPs from politicising the CFSP budget.
Looking for a June agreement
For her part, Ms Ashton is keen to get the service fully agreed before EU leaders meet for summit in June so she can start putting the first elements into place before the summer break.In the meeting, [Ms Ashton] put forward a number of new elements that she feels go a long way to meeting parliament's demands, said a spokesperson.She now hopes that the parliament lives up to its responsibilities.
According to an official recounting the position of MEPs, Ms Ashton's political declaration represents a big step forward, although parliament has been asking for this for over three months. But the official pointed to where to put the EAS and the issue of deputies as areas where no significant progress has been made The talks are due to resume in two weeks' time.
Tea Party Clueless About U.S. Tax Dollars Funding Bailout Heist .Silence from anti-tax movement on bailouts is deafening – and dangerous Paul Joseph Watson
Prison Planet.com Tuesday, May 11, 2010
As CNBC hosts Joe Kerne and Rick Santelli pointed out yesterday, the Tea Party movement seems largely clueless about the fact that a huge chunk of the $1 trillion dollar bailout heist being pushed through to save the face of global economic governance is being funded with dollars looted from American taxpayers.Founded on the principle of keeping taxes low for the benefit of the economy, the Tea Party movement has seemingly ignored the biggest and most insidious stealth tax – inflation – which as Ron Paul highlighted yesterday, will only soar as a result of this latest bailout.Could you really tell the American taxpayer, you can connect the dots between them and Greece? I mean are they paying for some lavish benefits in Greece right now? asked CNBC’s Kerne.Well there’s no connect-the-dots, Santelli replied.I mean it is a fact. We contribute a little less than 18 percent to the IMF. And the IMF is pretty much using its entire piggy bank, of course to pledge up to €250 billion, no matter how you slice it, Joe. Eighteen percent of that money, or more, because you know, if they go much beyond this, they’re going to have to replenish the coffers.
And we know that replenishing the coffers means not only raising taxes on Americans but also inventing new ones out of thin air, which will then go straight to the IMF to bankroll the next phase of global governance. It’s not good enough for these people to impose inherently undemocratic centralized systems of economic planning that only they control which then result in lowering your living standards – you have to pay for the whole thing to begin with.In addition to Americans picking up the tab for the IMF’s bailout of Europe, they will also be waving goodbye to further unknown billions in the form of Federal Reserve credit swaps, with the Fed directly sending U.S. dollars to European banks. And don’t believe for a second that you actually have a right to know to which foreign entities these untold billions are heading – because Ben Bernanke refuses to tell us.I don’t think the average Tea Partier knows we’re paying for lavish benefits in Greece for public employees over there, Rick, Kerne said.I think maybe you need to tell them.But it appears as if the Tea Party and the American public as a whole has bailout fatigue and has completely lost track of the trillions stolen from them and the consequences this will have in the not too distant future.Perhaps when the government keeps increasing the retirement age out of their reach, or when they outright pillage their pension funds will Americans finally grasp what all this truly means. Perhaps the drastic cuts in public services, in policing, and further withdrawals from infrastructure and road maintenance funds will create the flash point that will lead to similar scenes we’ve seen in Greece unfolding on American streets.But as it stands, Kerne and Santelli are right, the silence from the Tea Party in reaction to the bailouts is deafening, and if such a meek response is to continue then the entire momentum, purpose and relevance of the movement will quickly begin to dissipate.
Watch VIDEO HERE
http://www.prisonplanet.com/tea-party-clueless-about-u-s-tax-dollars-funding-bailout-heist.html
Cap-and-Trade: A Scam Based on a Scam
By Alan Caruba Tuesday, May 11, 2010
It is almost beyond comprehension that Sen. John Kerry (D-MA) and Sen. Joseph Lieberman (I-CT) will introduce the Cap-and-Trade Act on Wednesday, May 12th, for consideration by the Senate. It is being passed off as a climate bill with provisions for more oil drilling, but it is an assault on reality, on science, on common sense, and on any future economic growth of the nation.The nation’s prisons are filled with men still claiming to be innocent after trials filled with evidence of their guilt. Denial of the truth is their last resort and this metaphor reflects what is happening in the utterly corrupt community of global warming liars and their associates in the U.S. government. Recently 225 scientists wrote a letter defending global warming. It was published in the journal Science, one of the many such publications that have become as corrupt as those at the center of the global warming scam. Based on last November’s leaked emails among those most responsible for the data at the heart of the global warming scam, it was revealed that the United Nations Intergovernmental Panel on Climate Change had been systematically publishing false climate information and analysis.
Moreover, the photo used to illustrate the scientists letter was photo-shopped to show a polar bear on a small piece of ice surrounded by water. The deception included the fact that many of the signatories to the letter lack credibility. Among the first 20 listed, none work in the field of climate science.As reported by Tony Hake of Climate Change Examiner, Pediatric surgeons, an expert in the Maya and Olmec civilizations, a chemist that studies bacteria, and a computer pioneer with Microsoft, an electrical engineer, the chairman of a biotechnology firm, and even an expert studying corn are but a few of the 225 experts that signed the letter.Dr. Gerhard Kramm, an atmospheric scientist at the University of Alaska Fairbanks, fired off a letter disputing the usual claim that human activity is causing carbon dioxide emissions that are, in turn, causing global warming. Until today, there is no scientific evidence that an increase of the globally averaged near-surface temperature by less than one Kelvin during the last 160 years can be linked to the increase of the atmospheric concentrations of so-called greenhouse gases.
There is no global warming. Whatever warming occurred followed the end of a mini ice age that began around 1350. Around 1850 the Earth’s temperature increased about one degree Fahrenheit to its current level.The United Nations has been the locus of the greatest hoax perpetrated in the modern era The United Nations has been the locus of the greatest hoax perpetrated in the modern era, codified in the bogus Kyoto Protocol, an international agreement that many nations signed onto in1997. The Clinton administration signed the agreement, but did not implement it due to a Senate resolution that unanimously rejected it. The real aim of the global warming scam is the prospect of selling carbon credits in exchanges around the world, in effect selling air!Cap-and-Trade Act: Constitute the greatest tax on energy use in the history of the nation If the Cap-and-Trade Act is passed at the urging of the Obama administration, it will constitute the greatest tax on energy use in the history of the nation and it will energize exchanges, such as the one in Chicago, set up to buy and sell the carbon credits.
As reported by Investor’s Business Daily on May 7, The carbon trading system being pushed here has spawned crime and fraud across the pond. Cap-and-Trade is not about saving the planet. It’s about money and power, and absolute power corrupting absolutely.The European Emissions Trading System is a warning to America. IBD described it as a scam built upon a scam. British and German law enforcement authorities have been busy arresting miscreants as part of a pan-European crackdown on carbon credit VAT tax fraud.And VAT, a valued added tax, is being advanced in the United States as a way to raise money to pay off our ever increasing debt.Last December, reported IBD, Europol, the European criminal intelligence agency, announced that Emissions Trade System fraud had resulted in about five billion euros in lost revenues as Europe’s carbon traders schemed to avoid paying Europe’s VAT and pocket the difference. In announcing the raid, the agency said that as much as 90% of Europe’s carbon trades were the result of fraudulent activity.The entire global warming theory has been a scam, a hoax and a fraud from the day it was first put forth. Its advocates, corrupt scientists, corrupted science journals, and all of the environmental organizations are hoping the same Congress that foisted Obamacare on Americans will do the same with Cap-and-Trade.Alan Caruba, 2010
LISTEN TO THE SHOW HERE INFOWARS.COM
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OBAMA DECEPTION
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FALL OF THE REPUBLIC MOVIE
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ENDGAME GLOBAL ENSLAVEMENT
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POLICE SATE 4-THE RISE OF FEMA MOVIE
http://www.youtube.com/watch?v=Klqv9t1zVww&feature=player_embedded
INVISIBLE EMPIRE MOVIE
http://www.youtube.com/watch?v=NO24XmP1c5E&feature=player_embedded
BOHEMIAN GROVE NWO OCCULTISTS
http://video.google.com/videoplay?docid=-82095917705734983
WITCHCRAFT IN THE WHITE HOUSE
http://www.youtube.com/watch?v=AmaiX86sUoc&feature=related
http://www.youtube.com/watch?v=IF2eILED00s&feature=related
http://www.youtube.com/watch?v=ZARWvlz_yKI&feature=channel_page
http://www.youtube.com/watch?v=Sbh7KrUwawI&feature=channel
http://www.youtube.com/watch?v=4IG0tmvCozU&feature=channel
http://www.youtube.com/watch?v=NgP-SyrooKI&feature=channel
OBAMA SCAM
http://www.youtube.com/watch?v=9V1nmn2zRMc&feature=player_embedded
PHIL BERG - OBAMA CRIMES
http://obamacrimes.com/
LAURIE ROTH SHOW
http://therothshow.com/
DOUG HAGMANN
http://homelandsecurityus.com/
CANADA FREE PRESS-JUDI MCLEOD
http://www.canadafreepress.com/
JUNE 29TH ELLIGABILITY CASE
http://www.wnd.com/index.php?fa=PAGE.view&pageId=137773
AND THE OTHER ISSUE WE MUST KEEP ON THE TABLE AND IN PEOPLES MEMORY IS THAT BARRY SOETORO IS REALLY BARACK OBAMAS REAL NAME AND HE WAS BORN IN KENYA NOT AMERICA.BARRY SOETORO AKA BARACK OBAMA IS NOT ELLIGABLE TO BE THE PRESIDENT OF THE USA GOVERNMENT.EVERYTHING HE SIGNS IN BARACK OBAMA IS ILLEGEL,BECAUCE HIS REAL NAME IS BARRY SOETORO.AMERICAS CONSTITUTION WILL BE IN SHAMBLES ONCE THIS SCAM IS FINALLY REVEALED TO THE WORLD.
BY THE TIMELINE IN OBAMAS OWN BOOKS-OBAMA WENT TO PAKISTAN ON HIS INDONESIAN PASSPORT.ANOTHER ISSUE OUT OF 400 PEOPLE AT COLUMBIA THAT GRADUATED THE YEAR OBAMA OR BARRY SOETORO DID,NO ONE COMES FORWARD TO SAY THEY KNEW HIM.HOW COME AT HAWAII HOSPITAL WERE OBAMA CLAIMS HE WAS BORN,NO NURSES OR ANYBODY CAME FORWARD TO SAY THEY WITNESSED OR TOOK PART IN THE BIRTH.THIS BARRY SOETORO OR AKA BARACK OBAMAS LIFE IS A COMPLETE FRAUD.AND AMERICA IS CONNED TO BELIEVE THE LIE.WHY WOULD SOETORO AKA OBAMA SPEND 2 MILLION DOLLARS TO STOP ALL THESE LAWSUITS IF THERES NO COVERUP.HE WOULD JUST SHOW THE PROOF OF EACH EVENT-PLACE OF BIRTH,CERTIFICATE AND REAL NAME BARRY SOETORO INDONESIAN PASSPORT.
The proof is everywhere from statements and affidavits from Government parliament sources and Obama’s own Grandmother who says she saw him born in a hospital in Mombassa Kenya. The former ambassador to Kenya says Obama was born in Mombassa Kenya, so do others. Check out the affidavits at www.obamacrimes.com and join Phil Berg and other concerned citizens for a huge eligibility protest march May 29th 12-4pm.
ONE SUCCESS AT LEAST THE FED WILL BE AUDITED BACK TO 2007.THE GOVERNMENT FINALLY TOOK ACTION,ITS ABOUT TIME.
Alan Grayson: We Beat The Fed Paul Joseph Watson
Prison Planet.com Wednesday, May 12, 2010
While many are expressing disappointment and even despair that the Senate voted down Ron Paul’s audit the Fed bill while passing a weakened version, Congressman Alan Grayson is confident that the stronger provisions of the original House amendment can be added in Committee, ensuring the Federal Reserve doesn’t get off the hook, as Congressman Paul has warned.The Senate last night voted 96-0 in favor of a compromise amendment that requires the GAO to conduct a one time audit of the Federal Reserve that will focus on which financial institutions received over $2 trillion dollars in bailout funds during the peak of the economic crisis.However, the Senate voted down 37-62 Senator David Vitter’s audit the Fed amendment, which mirrored Ron Paul’s version that was passed by Congress. The stronger version would have ensured ongoing congressional audits and would have severely hampered the Fed’s ability to continue its credit swap program which has seen billions of U.S. dollars sent to foreign banks.Congressman Paul has dismissed the watered down version as a placebo amendment that lets the Fed off the hook, noting with suspicion how it was enthusiastically supported by the Obama administration.If they’re all supporting it, I would be very suspicious that the Fed is quite aware of this and they’re satisfied with this and maybe they think they’re getting off the hook, Paul said in a recent interview.However, Congressman Alan Grayson, who has been a vehement supporter of Ron Paul’s efforts to properly audit the Fed, believes that the one time audit is an important step towards full transparency.
Grayson is confident that a one time audit would expose the Fed’s arguments for secrecy as a ruse, leading to greater pressure to enact regular audits. He believes that the stronger provisions of the Ron Paul version can be merged into the bill the Senate passed last night.The Senate audit provision isn’t as strong as what we passed in the House, writes Grayson, adding, The Senate provision has only a one-time audit, whereas what we passed in the House would allow audits going forward. There will be a conference committee that will merge the provisions from the two bills….So we will be fighting on to get a full audit from the conference committee.
No longer can Ben Bernanke get away with saying, I don’t know. Now, we’re going to know who got what, and why,writes Grayson, referring to his confrontations with Bernanke in which he demanded to get answers on where the bailout money had gone.
Grayson says the one time audit represents significant progress given the overwhelming opposition to Fed transparency just months ago.Let’s not lose sight of what we have accomplished so far – real independent inquiry into the Fed, and its incestuous relationships with Wall Street banks. For the first time ever,writes Grayson.Our calls, emails, lobbying, blogging, and support really mattered. We made it happen. Today, we beat the Fed,he concludes.It remains to be seen whether Grayson can help piggy back the stronger provisions onto the watered down amendment, but as it stands, the version passed by the Senate will at least crank the door ajar on Fed secrecy. But some fear that door could once again be slammed shut subsequent to a whitewash and a limited audit.During a speech on the House floor last night, Congressman Ron Paul reacted to the failure of the stronger version of the bill by imploring full transparency in light of the Fed’s decision to restart loans to foreign banks and governments, which is heaping more future misery on American taxpayers and threatening the long term survival of the U.S. dollar.
Watch the clip below.
http://www.youtube.com/watch?v=_FRq4hB48fE&feature=player_embedded
http://www.foxnews.com/world/2010/05/10/world-health-organization-moving-ahead-billion-dollar-internet-tax/
Updated May 10, 2010 World Health Organization Moving Ahead on Billions in Internet and Other Taxes By George Russell- FOXNews.com
The World Health Organization is moving full speed ahead with a controversial plan to impose billions of dollars in global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray.The World Health Organization (WHO), the United Nations' public health arm, is moving full speed ahead with a controversial plan to impose global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray.The aim of its taxing plans is to raise tens of billions of dollars for WHO that would be used to radically reorganize the research, development, production and distribution of medicines around the world, with greater emphasis on drugs for communicable diseases in poor countries.
The irony is that the WHO push to take a huge bite out of global consumers comes as the organization is having a management crisis of its own, juggling finances, failing to use its current resources efficiently, or keep its costs under control — and it doesn't expect to show positive results in managing those challenges until a year from now, at the earliest.Fox News initially reported last January on the suite of proposals for new and innovative sources of funding, prepared by a 25-member panel of medical experts, academics and health care bureaucrats, when it was presented of a meeting of WHO's 34-member Executive Board in Geneva.Now the proposals are headed for the four-day annual meeting of the 193-member World Health Assembly, WHO's chief legislative organ, which begins in Geneva on May 17.The Health Assembly, a medical version of the United Nations General Assembly, will be invited to take note of the experts' report. It will then head back with that passive endorsement to another Executive Board meeting, which begins May 22, for further action. It is the Executive Board that will give effect to the Assembly's decisions.
What it all means is that a major lobbying effort could soon be underway to convince rich governments in particular to begin taxing citizens or industries to finance a drastic restructuring of medical research and development on behalf of poorer ones.
The scheme would leave WHO in the middle, helping to manage a global health research and innovation coordination and funding mechanism, as the experts' report calls it.In effect, the plan amounts to a pharmaceutical version of the U.N.-sponsored climate-change deal that failed to win global approval at Copenhagen last December. If implemented as the experts suggest, it could easily involve the same kind of wealth transfers as the failed Copenhagen summit, which will send $30 billion a year to poor nations, starting this year.The WHO strategy involves a wide variety of actions to transfer pharmaceutical-related technology, and its production, along with intellectual property rights, to developing countries, according to a condensed global strategy and plan of action also being presented to the World Health Assembly.
Regional networks for innovation would be cultivated across the developing world, and some regions, such as Africa, would be encouraged to develop technology to exploit traditional medicines.According to the condensed plan of action being presented to the Assembly, a number of those initiatives are already well under way.
Click here to read the plan of action.The rationale for the drastic restructuring of medical R and D, as outlined in the group of experts' report, is the skewed nature of medical research in the developed world, which concentrates largely on non-communicable diseases, notably cancer, and scants research on malaria, tuberculosis and other communicable scourges of poor countries. It cites a 1986 study that claimed that only 5 percent of global health research and development was applied to the health problems of developing countries.(In dissecting contemporary medical R and D, however, the expert report glosses over the historical fact that many drugs for fighting communicable diseases in developing countries are already discovered; the issue in many cases is the abysmal living and hygienic conditions that make them easily transmitted killers.)What truly concerns the experts, however, is how to get the wealth transfers that will make the R and D transfers possible — on a permanent basis. The panel offers up a specific number of possibilities.
Chief among them:
-a digital or bit tax on Internet activity, which could raise tens of billions of U.S. dollars;
-a 10 percent tax on international arms deals, worth about $5 billion per annum;
-a financial transaction tax, citing a Brazilian levy that was raising some $20 billion per year until it was canceled (for unspecified reasons);
-an airline tax that already exists in 13 countries and has raised some $1 billion.
Almost casually, the panel's report notes that the fundraising effort would involve global changes in legal structures — and policing. As the report puts it: Introducing a new tax or expanding an existing tax may require legal changes, nationally and internationally and ongoing regulation to ensure compliance.As a backup, the panel offers some less costly, voluntary alternatives, including solidarity contributions via mobile telephone usage, or set-asides on income taxes.
Yet another alternative: new health care contributions from countries such as China, India or Venezuela, or higher contributions from rich countries — neither idea looking likely in the current climate of international financial crisis. In the report's words: channeling these resources in this way can only be achieved if there is political will to do so and a convincing case is made.Click here to read the financing report.As follow-up, the experts suggest that WHO promote each and every suggested approach for new financing, along with regulatory harmonization and integration in the developing world, research and development platforms in the developing world,and new product development partnerships to kick-start the global medicines program.Just as big an issue for WHO, however, may be whether it can adequately manage the money it is already getting — or trying to get — for its current planned needs.Other budget documents intended for the World Health Assembly, and obtained by Fox News, paint a picture of an organization where:
-spiraling financial demands are beginning to outstrip the ability of member-nations to pay;
-outsized headquarters budgets, in contrast to the regional and country networks where WHO's public health work is largely done, are rising even faster than the overall budget; and
-efforts to control onerous staff costs are just getting underway.
Those challenges are laid out in WHO's proposed biennial budget for 2010-2011, which calls for a combination of mandatory and voluntary contributions from the world's nations — meaning, overwhelmingly, the three dozen richest ones — of $5.4 billion — a whopping 27 percent increase over the same initial draft figure for 2008-2009.
But that increase, large as it is, will likely be far less than WHO needs before the latest biennium ends. In 2008-2009, the initial $4.23 billion draft budget was revised to a final $4.95 billion during the two-year period, a 17 percent increase.
Using the same inflationary measure, WHO's spending could well climb to $6.3 billion before the end of 2011.Click here for the draft 2010-2011 budget.One of the biggest jumps would come in the spending centered on WHO's headquarters in pricey Geneva — a 44 percent climb in its share of program budgets, from $1.18 billion to $1.7 billion, even before any future revisions.WHO planners point to the shrinking value of the U.S. dollar, its budgeted currency, against the Swiss franc as a major factor, which they say has increased costs by 15 percent. But other factors include more meetings for WHO's governing bodies and salary provisions for the top officers of the WHO Secretariat.According to documents presented to the program, budget and administration committee of WHO's Executive Board, headquarters costs for the organization have remained proportionately steady for years at almost 38 percent of WHO's spending, however much that spending has grown. The ratio is striking, since WHO devotes most of its efforts to improving health care conditions in the developing world.The organization's stated goal is to spend only 30 percent of its program funding in Geneva, but the same planners think it is unrealistic to think WHO will reach that objective, even by 2013.In foggy bureaucratic language, they declare that a change that is too swift and radical will be disruptive to the entire function of the Organization or fail because of an insurmountable accumulation of practical problems of execution.
Translation: the WHO bureaucracy won't easily cooperate.In a bid to get the head-to-tail ratio under better control, WHO's top managers have set ceilings for headquarters hiring, but these only went into effect this year. The hiring limits will not cut the Geneva head-count but limit its further growth — an acknowledgement, the document says, that staff numbers are the main driver of WHO's expenditures.That combination of WHO's sharp hikes in costs and a grim economic climate have led to another major management problem: continued disparities between the approved budgets and the available resources.In other words, WHO's member states and donors are not paying up as fast as the organization is spending the money across its many and varied priorities, leading to budgetary juggling and behind the scenes efforts to get major donor countries to ante up future contributions in advance, and cough up more voluntary funds in the future.In its planning committee documents, the WHO bureaucracy promises to get a better grip on its finances in the near future.Among the cost management efforts will be higher levies on voluntary donations to cover WHO staff costs — higher administrative fees, in short — along with more voluntary and fully flexible donations that can be used at the management's discretion, rather than being earmarked for specific programs.Click here for the resource management report.It will be another year, however, before WHO's overseers will be able to see if its management juggling will bear adequate fruit.All in all, that is not a confidence-building credential for an organization that is simultaneously trying to reorganize the world's medical research, development, production and distribution system — and make the world's consumers and taxpayers pick up most of the multibillion-dollar tab.George Russell is executive editor of Fox News.
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS WED MAY 12,2010
09:30 AM +1.25
10:00 AM +81.47
10:30 AM +92.50
11:00 AM +93.33
11:30 AM +79.12
12:00 PM +84.64
12:30 PM +110.03
01:00 PM +114.64
01:30 PM +123.16
02:00 PM +118.50
02:30 PM +134.07
03:00 PM +143.14
03:30 PM +144.57
04:00 PM -148.65 10,896.91
S&P 500 1171.67 +15.88
NASDAQ 2425.02 +49.71
GOLD 1,240.70 +20.40
OIL 75.38 -0.99
TSE 300 12,196.10 +195.50
CDNX 1625.73 +13.15
S&P/TSX/60 716.83 +11.84
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +33 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +150 points at high today so far.
GOLD opens at $1,239.00.OIL opens at $76.28 today.
GOLD AT ALLTIME HIGH OF $1,248.20
AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +150 points at high today so far.
WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +150 points at high today.
CRUDE OIL +1.9 MILLION BARRELS.
GASOLINE -2.8 MILLION BARRELS.
DISTILLATE INVENTORIES +1.4 MILLION BARRELS.
REFINERY UTILIZATION
GREECE ITS ROBBERY,NOT BAILOUT
http://www.youtube.com/watch?v=FOENajeR2qE&feature=player_embedded
The Fed Is Using Its Cronies And Lobbyists To Stop Us From Auditing It Ron Paul Texas Straight Talk Tuesday, May 11th, 2010
It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money’s worth in the Senate.At the very last minute on the floor of the Senate, supposed compromise language was agreed to and substituted in the Sanders Amendment to the Financial Reform Bill. This language was acceptable to the administration, committee leadership, and to the Fed. The trouble is, while it is better than no audit at all, it guts the spirit of a truly meaningful audit of the most crucial transactions of the Fed. In fact, rather than still calling the Sanders Amendment an audit, maybe it should instead be called more of a disclosure at this point.The new language of the Sanders Amendment requires a one-time disclosure from the Fed of 13(3) facilities, foreign currency swaps and mortgage-backed securities. Basically, their sins of the past would be revealed and Americans would know more about who got bailed out by the Fed and under what terms. This would be good, but its not nearly enough.
Taxpayers are sick and tired of bailing out privileged, dysfunctional institutions that should be allowed to fail in order to stop their ability to wreak havoc on our economy. Perpetuating these corporations at taxpayer expense is not just wasteful, it is actively harmful. It would be good to know what went on in the past, but what about accountability in the future? A one-time disclosure now will not do us a lot of good down the road when the cycle repeats itself and friends of the Fed find themselves in trouble again.More importantly, agreements with foreign central banks are not touched by the new Sanders Amendment language. At a time when Greece, Portugal, Spain and other countries are experiencing dire financial crises and have their hands out to the international community, we need to know if our Federal Reserve is at all involved in bailing them out. As weary as we are of bailing out companies, the American people would not stand for bailing out entire countries. Our government is wasteful enough in its own affairs without contributing to the waste of other countries. Yet the Fed currently has the tools it needs to do just this, and to do it in secret.If we cannot take away the Fed’s ability to waste trillions of taxpayer dollars on failing companies and failing countries, at the very least, we can take away their ability to do this with no transparency or accountability to the American people. While the Sanders Amendment no longer contains a full audit, Senator David Vitter has introduced an amendment which contains the Audit the Fed language that passed the House last fall. The Senate must pass the Vitter amendment for full disclosure and full accountability going forward.
Barroso calls for reform as shine fades on bail-out
ANDREW WILLIS 11.05.2010 @ 17:40 CET
EUOBSERVER / BRUSSELS - European Commission President Jose Manuel Barroso has called on member states to tackle the imbalances behind the eurozone's recent crisis, as the sheen on Europe's day-old financial support mechanism already shows signs of fading. It's not just about giving money, its about asking member states of the eurozone to make additional efforts for the correction of some unbalances that still exist,Mr Barroso said on Tuesday (11 May) after meeting with OECD secretary general Angel Gurria in Brussels.EU finance ministers yesterday agreed a massive €750 billion relief package, together with the IMF, to prop up struggling eurozone governments that may need to request external help. Just days before, euro area leaders signed off a €110 billion bail-out for Greece.Rising government debt and deficit levels have catapulted the region into a maelstrom of financial turmoil in recent months, as investors increasingly questioned the credit-worthiness of member states.Mr Gurria said Monday's rescue package has credibility and was the right size. I think it is going to generate the time to look objectively at the fiscal problems that made it necessary in the first place, he added. We will see in the next few days Portugal announce special additional efforts and I'm sure that tomorrow Spain will come out with a very strong package,the OECD chief said in reference to the two southern economies that have come under the glare of markets.
Others agree that the massive eurozone support package - made up of €60 billion in immediately accessible funds, €250 in IMF money and €440 in bilateral loan guarantees - will do little more than buy the beleaguered currency bloc limited breathing space. On Monday, Finnish Prime Minister Matti Vanhanen said: The most important thing after this decision ... is to avoid feeling good about everything being well permanently, because in the background there are the bloated deficits.
As well as agreeing stronger budgetary rules to stamp out excessive deficits, Mr Vanhanen said the EU must implement structural reforms to increase its competitiveness relative to the rest of the world. The economy of the eurozone contracted 4.1 percent in 2009, and is expected to grow by a meagre one percent this year. In comparison, the United States, where the crisis originated, saw its economy dip just 2.4 percent last year, with growth of 3.1 percent forecast for 2010. Already on Tuesday, market euphoria related to the European financial stabilisation mechanism showed signs of waning, with European stocks and the euro currency closing lower than the previous day.
Commission proposals
Mr Barroso's comments come less than 24 hours before the EU executive is due to publish an ideas paper on greater economic co-ordination and tighter budgetary rules for the European Union. Speaking from New York on Monday, the EU's internal market commissioner Michel Barnier said greater harmony in budget policies would be needed to prevent a repeat of the recent crisis that plunged the euro currency. More economic governance is needed in the eurozone, more co-ordination and supervision of budgetary and economic policies, he said.However, colleague Olli Rehn, the EU's economy commissioner, received a frosty reception from EU finance ministers meeting in Madrid last month when he suggested euro area members and the commission should examine national budgets before they were passed to national parliaments. Amongst other ideas expected to feature in Wednesday's commission communication are plans to reduce EU funding for national governments that repeatedly break the bloc's budgetary rules.
Obama calls for resolute spending cuts in Spain
VALENTINA POP Today MAY 12,10 @ 09:26 CET
EUOBSERVER / BRUSSELS – US President Barack Obama on Tuesday asked Spain for resolute action to stem its widening deficit, in order to regain market confidence in the eurozone and avoid a spill-over effect from Greece.President Obama and Spanish President Jose Luis Rodriguez Zapatero ... discussed the importance of Spain taking resolute action as part of Europe's effort to strengthen its economy and build market confidence,the White House said in a statement. Washington is backing austerity measures in Spain and other European countries because of a fear that anything might stem the recovery that we believe is taking place, Mr Obama's spokesman, Robert Gibbs, told journalists in Washington.Mr Obama's phone call to Madrid was part of the ongoing consultations with close allies on the troubles affecting the eurozone, he added.The US president has been working the phones in recent days to EU leaders struggling to defend the eurozone from growing market speculation on its ailing southern economies.His extensive talks with German Chancellor Angela Merkel and French President Nicolas Sarkozy are believed to be one of the catalysts behind the €750 billion bailout agreed over the weekend by the leaders of the eurozone.Mr Zapatero is due to present on Wednesday (12 May) spending cuts of €5 billion this year and a further €10 billion in 2011, in a bid to stem the public deficit, which is currently at 9.8 percent of the GDP.
According to the eurozone's internal rules, deficits cannot surpass 3 percent of the GDP. Spain already approved an austerity package in January but has so far failed to cap its widening deficit.EU leaders last weekend pressed Madrid for even deeper cuts, saying that these plans are not tough enough to calm markets, but Spanish finance minister Elena Salgado managed to resist the pressure, El Pais reported.She argued that the meeting was called to discuss bail-out mechanisms, not Spanish austerity, and to plead for more time for her government to come up with additional measures.Cutting social benefits will be tough for Spain's centre-left government as the country's unemployment rate has recently surpassed 20 percent and the economy is expected to shrink by 0.4 percent. In addition, Spain's tax inspectors' union (Gestha) calculates that 23 percent of the country's GDP is attributable to its shadow economy, which grew about 0.7 percent last year.
David Cameron becomes UK leader in pact with Lib Dems
LEIGH PHILLIPS Today MAY 12,10 @ 09:28 CET
After 13 years in opposition, the UK's Conservative Party has returned to office heading the first coalition government the country has known since World War II, following the failure of talks between the Liberal Democrats and the Labour Party to forge a deal between the two left-of-centre parties.Tory leader David Cameron, speaking on the steps of Number 10 Downing Street as supporters cheered and opponents already began to gather, said: This is going to be hard and difficult work.
Liberal leader Nick Clegg is to be awarded the deputy premiership in return for his party providing a stable alliance to the Conservatives, who had won the most seats and votes, but were shy of an outright majority.It is understood that talks between the Liberal Democrats and Labour foundered as prominent Labour actors began to publicly baulk at the idea of a coalition, underlining to the Liberals the fragility of any would-be partnership between the two parties and a ragged band of minor parties.
Beyond Mr Clegg prominent place in the new government, the Liberals have won five cabinet roles and 15 other lower-ranking ministerial positions.Conservative George Osborne is to be chancellor and William Hague, a former Tory leader, is to be foreign secretary.Full details of the pact between the two sides are still unknown, but the agreement will see a review of laws that Liberals and others have argued under Labour undermined civil liberties, and the Labour-introduced ID card system will be scrapped.The lynchpin to the deal however was a promise of a referendum on an alternative vote system, a step towards a more continental proportional representation form of voting, to replace the current 'winner-takes-all' first-past-the-post system. However, Conservatives will be allowed to campaign against the change during the referendum.The Liberals, who had backed an amnesty for irregular immigrants in the election campaign, for their part have now accepted the Tories' plans for an annual cap on immigration.They have also given way over Tory wishes to deliver a special tax status to married couples.Underscoring traditional conservative themes of personal responsibility, Prime Minister David Cameron said his new era would be one in which We do not just ask what are my entitlements, but what are my responsibilities, one where we don't ask just what am I just owed, but more what can I give.
Outgoing leader Gordon Brown for his part declared that despite the result, a majority of UK voters had supported left-of-centre parties: We know more certainly than ever before that there is a strong progressive majority in Britain, I wish more than I can possibly say that I could mobilise that majority.One thing that will not change is that I am Labour and Labour I will always be, he said.
EU farming nations oppose Mercosur talks ahead of key summit
ANDREW WILLIS Today MAY 12,10 @ 09:22 CET
EUOBSERVER / BRUSSELS - A group of ten EU member states have indicated their opposition to the resumption of South American trade talks, just days before European and Latin American leaders are to sit down for a major summit in Madrid. Led by France, the ten states on Tuesday (11 May) said the resumption of talks with the Mercosur trading bloc, comprised of Argentina, Brazil, Uruguay and Paraguay, sent a highly negative signal to Europe's struggling farm sector.The European Commission last week announced its decision to restart the talks, suspended in 2004, citing clear economic benefits for both sides from an eventual deal. But Europe's farming nations fear the agricultural might of Argentina and Brazil, two of the world's largest beef producers, and say no further concessions can be granted above those already given under the Doha round of multilateral trade talks.The ten nations propose to submit a joint statement to EU agricultural ministers next Monday, reports AFP, the same day a bilateral EU-Mercosur summit is scheduled to take place in Madrid. A statement from the ten opposing the resumption of talks, Austria, Finland, France, Greece, Hungary, Ireland, Luxembourg, Poland, Romania and Cyprus, read: We regret that it has been taken without prior political debate with the Council, and without a debate on the possible economic impact of an agreement.The ambitions and interests of both parties do not appear to allow progress to be made in these negotiations, which were begun in 1999, unless further concessions are made on agriculture by Europe, and this would be unacceptable,its continues.
Lat-Am summits and trade complications
The latest dispute will add to already existing frictions between Europe and central and southern American regions. Madrid has used its six months at the helm of the EU presidency to push forward a number of bilateral trades deals with its former colonies, but the commission was last week forced to suspend talks with the central American trade bloc due to a number of outstanding differences.It now looks increasingly unlikely that the deal will be initialed in Madrid next week at a bilateral meeting between the two sides on 19 May, despite the EU apparently waiving concerns related to a coup d'etat in Honduras last June, following which there were widespread reports of human rights abuses.A majority of Latin America's leaders had threatened to boycott the main EU-Latin America and the Caribbean Summit on Tuesday (18 May) in protest against the attendance of the new conservative Honduran leader, Porfirio Lobo. In the end, Mr Lobo said he would skip the main event to enable it to go ahead. The EU will be represented by European Council President Herman Van Rompuy, Commission President José Manuel Barroso, EU High Representative Catherine Ashton and trade commissioner Karel De Gucht.Bilateral trade talks between the EU and Peru and Colombia were wrapped up in March, in time to be initialed next week, but they too have proved problematic. Endowed with fresh powers under the EU's new rulebook, the Lisbon Treaty, a large number of MEPs have signaled they will refuse to give their final approval to a bilateral deal with Bogota until the country improves its human rights record. Colombia currently has the highest rate of trade unionist murders in the world.
Bolivia and Ecuador had formerly been part of bloc-to-bloc talks between the EU and Andean Nations, but the two dropped out, resulting in the commission initiating bilateral discussions with Peru and Colombia instead, a decision criticised by Bolivian vice-minister for foreign affairs Pablo Guzman in the European Parliament last month. Since the start of bilateral talks we have had something of a crisis in the Andean community,he told MEPs in the parliament's trade committee.
Diplomatic service talks proceed in fractious atmosphere
HONOR MAHONY 11.05.2010 @ 18:10 CET
EUOBSERVER / BRUSSELS - Four-way talks on finalising the diplomatic service broke off on Monday evening (10 May) with no real progress between the two main protagonists - EU foreign policy chief Catherine Ashton and the European Parliament.
The two-and-a-half-hour-long debate involving Ms Ashton, two MEPs, Spanish foreign minister Miguel Moratinos and institutional affairs commissioner Maros Sefcovic came no closer to finding a compromise on issues identified by the parliament as being essential for its approval of plans for the new service.Sources close to the discussions suggested the Ashton camp was frustrated at the MEPs' insistence on talking about nitty-gritty details rather than looking to achieve an overall political agreement. From Ms Ashton's point of view, the talks did not go down that well,said an official.The foreign policy chief's blueprint for the service was accepted by member states toward the end of last month. The European Commission has also given its political backing. But the wild card in the negotiations is proving to be the European Parliament.Its co-decision power over changes to the financial and staff regulations - needed to get the service on its feet - gives MEPs a de facto veto. According to the leader of the Liberal faction in the chamber, Guy Verhofstadt, present at Monday's talks, last night's discussion ... has unfortunately not led to any great progress on the EEAS [European External Action Service] dossier.[The parliament] is prepared to move quickly on these issues - and indeed our initial report on the EEAS dates back to October last year - but so far we have seen little sign of movement from the Council, he noted.
Among the most important demands on the parliament's wish-list - there is about 10 issues on the table - is attaching the diplomatic service to the European Commission in budgetary terms and the appointment of political representatives to deputise the ever-busy Ms Ashton.Mindful of the recent EU trend towards intergovernmentalism - agreements between member-state governments rather than ones crafted by EU institutions - MEPs say the service must be attached to the commission, otherwise it risks setting a precedent for other pseudo institutions in charge of spending vast amounts of EU money but outside immediate political control. They are also looking for clarity on who should represent Ms Ashton on foreign policy issues and stand firmly opposed to a civil servant taking on the role.
Concessions
Ahead of the talks Ms Ashton sent a letter to the EP budgetary committee in which she assures the purse-string-holding deputies that parliament will have its full powers of discharge over the EEAS with me in the front line in terms of political accountability.She has also drafted a statement on political accountability, seen by EUobserver, which tackles the 10 issues on the table due to be discussed with parliament. The statement makes some important concessions to the assembly, including pledging that parliament will be consulted on the planning of election observation missions; slightly extending the current system of allowing five MEPs access to classified information to other MEPs on a need to know basis; and giving information about planned common foreign and security policy missions ahead of their deployment.Points that are likely red lines for Ms Ashton, who needs to keep member states on her side, include demands by deputies in the budget committee to limit the room for manoeuvre within the Common Foreign and Security Policy budget by making it much more detailed and by stopping portions of funds from being transferred from one part of a mission to another. Member states are keen to keep the status quo in order to respond quickly to unforeseen events and to prevent MEPs from politicising the CFSP budget.
Looking for a June agreement
For her part, Ms Ashton is keen to get the service fully agreed before EU leaders meet for summit in June so she can start putting the first elements into place before the summer break.In the meeting, [Ms Ashton] put forward a number of new elements that she feels go a long way to meeting parliament's demands, said a spokesperson.She now hopes that the parliament lives up to its responsibilities.
According to an official recounting the position of MEPs, Ms Ashton's political declaration represents a big step forward, although parliament has been asking for this for over three months. But the official pointed to where to put the EAS and the issue of deputies as areas where no significant progress has been made The talks are due to resume in two weeks' time.
Tea Party Clueless About U.S. Tax Dollars Funding Bailout Heist .Silence from anti-tax movement on bailouts is deafening – and dangerous Paul Joseph Watson
Prison Planet.com Tuesday, May 11, 2010
As CNBC hosts Joe Kerne and Rick Santelli pointed out yesterday, the Tea Party movement seems largely clueless about the fact that a huge chunk of the $1 trillion dollar bailout heist being pushed through to save the face of global economic governance is being funded with dollars looted from American taxpayers.Founded on the principle of keeping taxes low for the benefit of the economy, the Tea Party movement has seemingly ignored the biggest and most insidious stealth tax – inflation – which as Ron Paul highlighted yesterday, will only soar as a result of this latest bailout.Could you really tell the American taxpayer, you can connect the dots between them and Greece? I mean are they paying for some lavish benefits in Greece right now? asked CNBC’s Kerne.Well there’s no connect-the-dots, Santelli replied.I mean it is a fact. We contribute a little less than 18 percent to the IMF. And the IMF is pretty much using its entire piggy bank, of course to pledge up to €250 billion, no matter how you slice it, Joe. Eighteen percent of that money, or more, because you know, if they go much beyond this, they’re going to have to replenish the coffers.
And we know that replenishing the coffers means not only raising taxes on Americans but also inventing new ones out of thin air, which will then go straight to the IMF to bankroll the next phase of global governance. It’s not good enough for these people to impose inherently undemocratic centralized systems of economic planning that only they control which then result in lowering your living standards – you have to pay for the whole thing to begin with.In addition to Americans picking up the tab for the IMF’s bailout of Europe, they will also be waving goodbye to further unknown billions in the form of Federal Reserve credit swaps, with the Fed directly sending U.S. dollars to European banks. And don’t believe for a second that you actually have a right to know to which foreign entities these untold billions are heading – because Ben Bernanke refuses to tell us.I don’t think the average Tea Partier knows we’re paying for lavish benefits in Greece for public employees over there, Rick, Kerne said.I think maybe you need to tell them.But it appears as if the Tea Party and the American public as a whole has bailout fatigue and has completely lost track of the trillions stolen from them and the consequences this will have in the not too distant future.Perhaps when the government keeps increasing the retirement age out of their reach, or when they outright pillage their pension funds will Americans finally grasp what all this truly means. Perhaps the drastic cuts in public services, in policing, and further withdrawals from infrastructure and road maintenance funds will create the flash point that will lead to similar scenes we’ve seen in Greece unfolding on American streets.But as it stands, Kerne and Santelli are right, the silence from the Tea Party in reaction to the bailouts is deafening, and if such a meek response is to continue then the entire momentum, purpose and relevance of the movement will quickly begin to dissipate.
Watch VIDEO HERE
http://www.prisonplanet.com/tea-party-clueless-about-u-s-tax-dollars-funding-bailout-heist.html
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