IT SEEMS OUR BUDDY BARRY SOETORO AKA BARACK OBAMA IS GOING TO INDIA AND RENTING A TAJMAHALL FOR THE 2,000-3,000 PEOPLE HES TAKING WITH HIM AT A COST OF $200MILLION DOLLARS.THIS TRIP WILL INCLUDE A TRIP TO AN INDONESIAN MOSQUE WERE OBAMA WILL ATTEND A SERVICE.INTERESTING AND GODLESS CLAIM OBAMAS NOT A KEYAN BORN MUSLUM.THIS IS OBAMAS FREE SPENDING SPREE BEFORE THE NEW HOUSE OF REPUBLICANS TAKE OVER.
BODY SCANNER HARRASSMENT OF WOMAN-CHILDREN
http://www.youtube.com/watch?v=5EqV2Rmkqaw&feature=player_embedded
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS FRI NOV 05,2010
09:30 AM +0.15
10:00 AM -13.70
10:30 AM +1.48
11:00 AM +3.03
11:30 AM +5.72
12:00 PM -34.40
12:30 PM -30.95
01:00 PM -9.08
01:30 PM -13.36
02:00 PM -26.22
02:30 PM -34.92
03:00 PM -28.61
03:30 PM -33.18
04:00 PM +9.24 11,444.08
S&P 500 1225.85 +4.79
NASDAQ 2578.98 +1.64
GOLD 1,395.30 +12.20
OIL 86.97 +0.48
TSE 300 12,925.10 +46.30
CDNX 2008.92 +14.46
S&P/TSX/60 740.34 +2.61
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow -14 points at 4 minutes of trading today.
Dow -34 points at low today.
Dow +16 points at high today so far.
GOLD opens at $1,382.20.OIL opens at $86.55 today.
AFTERNOON,NEWS,STATS
Dow -36 points at low today so far.
Dow +16 points at high today so far.
WRAPUP,NEWS,STATS
Dow -36 points at low today.
Dow +16 points at high today.
GOLD ALLTIME HIGH $1,397.20 (NOT AT CLOSE)(TODAY)
Dollar Begins Crash in Response to QE2 as Gold Scores New High
Kurt Nimmo Infowars.com November 5, 2010
Earlier this year, Lindsey Williams told Alex Jones the globalists would devalue the dollar and jack up the price of oil.Due to Fed policy, the U.S. dollar is now at risk of crashing and consumers will soon be hammered with higher prices.
Both are now happening.
On Thursday, in response to the Federal Reserve’s announcement that it plans to monetize the debt and increase the money supply, economists and market strategists warned that the sickly U.S. dollar is now at risk of crashing and consumers will soon be hammered with higher prices.Consumers should prepare for another turn of events like the spring of 2008, when oil prices soared to $147 a barrel and gas at the pump was more than $4 a gallon, Axel Merk, chairman and chief investment officer of Merk Investments, of Portland, Maine, told CNBC.Oil futures reached $87.22, the highest price in more than two years, Bloomberg reports this morning.Merk said the Fed’s plan for inflation will show up at the gas pump.We’re not going to get wages to go up. We’ll get the price at the gas pump to go up instead, he said.The Fed’s Q2E plan is being roundly condemned. China, Germany and Brazil are warning that the plan to inject more than $600 billion of funny money created out of thin air into the economy will have disastrous consequences. It will send money flooding into their markets seeking higher returns and that will drive up exchange rates and hamper exports by making their goods more expensive.China’s central bankers are not ebullient. If the domestic policy is optimal policy for the United States alone, but at the same time it is not an optimal policy for the world, it may bring a lot of negative impact to the world. There is a spillover, said Zhou Xiaochuan, governor of the People’s Bank of China.Investors are scampering in search of shelter. There’s no such thing anymore as a safe asset. Cash is no longer safe,said Merk. Do what central banks do, they diversify to baskets of currencies.Gold, silver, and precious metals remain a strong diversification option.
On Friday, gold futures shot up higher and posted a new record, their second in a row and a day after the metal had its biggest one-day gain in nearly 20 months. Gold rallied to $1,383.10 an ounce on Thursday after the Federal Reserve announced its policy to attack the dollar and unleash a broadside on the world economy through its QE2.
Bank Holiday Rumors Swirl Amidst Currency Crisis
Paul Joseph Watson Infowars.com November 5, 2010
With the world on the verge of a currency war as the Federal Reserve follows through on its dollar-killing quantitative easing program, rumors are once again swirling of a bank holiday, during which US citizens will be prevented from withdrawing money or at least limited in the amount of the withdrawal they can make.The bank holiday is rumored to be set for next week, with Tuesday November 11 pinpointed as the likeliest date.According to radio host Steve Quayle, a pastor was told by one of the managers of a prominent east coast bank that banks would close for an undetermined amount of time, and that when they reopened, all withdrawals by checks would be limited to $500 per week – no matter what the balance in the account is.Limiting the amount of money customers can withdraw or blocking the facility altogether reminds us of a Citigroup advisory that was sent to customers at the start of the year which stated that the bank reserved the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. The story stoked fears that financial institutuions were preparing for bank runs.On his website, Quayle asks, When in U.S. History has a sitting President taken off on an overseas trip for an extended period of time, with 65 airplanes, 34 warships reportedly 3,000 people including his friends and cohorts, at the pinnacle of an economic and political upheaval? Fears of a bank holiday first arose in June of last year, when it was rumored that banks would close their doors in early September. Concern was fueled by reports that US embassies in foreign countries were purchasing large quantities of local currency.
With Brazil and other countries now threatening to take drastic currency measures to protect themselves against a dollar crisis, a similar financial environment is stoking identical fears.Bank holidays are not without precedent in the United States. On March 5 1933, newly elected Franklin Roosevelt declared a bank holiday that lasted four days, during which he rammed through the Emergency Banking Act which granted FDR near dictatorial control over the dealings of banks. The Act also forced every citizen and business in the country to relinquish their gold in exchange for paper currency.The 1933 bank holiday served as a face-saving mechanism for many financial institutions – thousands of them never reopened after the closure period had ended.While we expect it to be business as usual next week and the rumors to subside as they did last year, the mere fact that this fear keeps cropping up shows how jittery the economic landscape is right now.Indeed, the debate is no longer about whether the US financial system and the dollar will come crashing down or not, but if that inevitable process will be characterized as a sudden collapse or death by a thousand cuts. The latter seems to be more likely, with a few lurches and leaps along the way, the first of which was Ben Bernanke’s announcement on Tuesday that the Fed will buy $600 billion of U.S. government bonds over the next eight months.The blame for this turmoil can be laid firmly at the feet of Bernanke, acting at the behest of the Fed’s owners, who having promised in June last year that they would not monetize the debt of the U.S. government. have now embarked upon a mad experiment” that will precipitate the collapse of the US dollar paper standard,as CLSA’s Chris Wood describes it.As the Honorable Louis McFadden, Chairman of the House Banking and Currency Committee, warned in 1933, the Fed does not care that it is killing the dollar because its role is to represent the interests of its international owners and its Wall Street cronies, not the American people.Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders, said McFadden.
So while the happy clappers on Wall Street are drunkenly celebrating the fact that their artificially inflated stock market is surging solely as a result of the value of the dollar being eviscerated, Main Street is hunkering down for a long winter, beset by worries about hyperinflation, rising food prices and gas price hikes, as oil follows gold’s meteoric rise, again solely as a result of the Fed’s decision to debase the greenback.Financial upheaval has been matched by political upheaval, and we can only hope that Congressman Ron Paul and his son, Senator in waiting Rand Paul, can build momentum to finally cut out the cancer that is destroying America – by ending the Fed for good.
http://www.youtube.com/watch?v=nZWhf8ejBrU&feature=player_embedded
Signs of backtracking on EU treaty change
ANDREW WILLIS Today NOV 5,10 @ 09:23 CET
EUOBSERVER / BRUSSELS - Barely a week has passed since EU leaders agreed to tweak the Lisbon Treaty, but already there are signs that a number of governments are getting cold feet. Polish Prime Minister Donald Tusk on Thursday (4 November) said the political deal struck at last week's summit was not the final word on the matter.A potential change to the Lisbon Treaty must be justified 100 percent and must not serve the interests of just one, two or five EU nations, because such a change would simply not be accepted, Mr Tusk told reporters in Warsaw. A deal reached in Brussels isn't enough. The member states must then go on to accept it, he added.Standing beside the Polish prime minister, visiting Czech counterpart Petr Necas said his country's rules for approving an EU treaty change were very complicated,with any such move requiring a referendum. Many had hoped such a public consultation could be avoided.In agreeing to German demands for an EU treaty change last week, EU leaders invoked the Lisbon treaty's special revision procedure - a new clause which allows them to tweak the EU rulebook without consulting citizens or the European Parliament, provided there is unanimity and EU powers are not extended.
Germany has pressed hard for the treaty change, concerned that the creation of a permanent EU crisis mechanism could be in breach of the EU's no-bailout clause, meaning Berlin would likely face a challenge from Germany's constitutional court.At the same time, Berlin has also been a leading advocate of a permanent crisis mechanism to replace the hastily cobbled together €750 billion backstop mechanism agreed in May which expires in 2013, arguing that it must also incorporate a sovereign debt restructuring procedure so that the private sector also foots part of the bill of future bailouts. On Thursday European Central Bank President Jean Claude Trichet repeated his warnings that such a mechanism would serve to unsettle markets, as Irish, Greek and Portuguese bonds continued their slump following German Chancellor Angela Merkel's raising of issue last week.A bilateral deal in which Ms Merkel earlier won French President Nicolas Sarkozy's support for the EU treaty change has also attracted widespread criticism.Referring to a meeting between the two leaders in the French seaside town of Deauville on 18 October, Italian foreign minister Franco Frattini said the other EU member states had been excluded from the real decision making.Pre-cooked decisions put on the table to be taken or left by others is not acceptable for other countries like Italy and other big players, Mr Frattini said in an interview with the Financial Times. We can have consultations but not pre-cooked decisions taken by Paris or Berlin.In Britain, news of the treaty change has led some euro-sceptic tories to call for a referendum on the subject. But on Thursday the leader of the government's junior coalition party, Liberal Democrat Nick Clegg, said London would simply wave the measure through, and would not push for EU powers to be repatriated to London.European Council President Herman Van Rompuy is to explore the details of how a permanent crisis mechanism should be set up, and will report back to EU leaders with his conclusions in December.
Germany accuses US of breaking promise on monetary policy-Schauble: We will speak critically about this in bilateral talks' (Photo: Wolfgang Staudt )ANDREW RETTMAN Today NOV 5,10 @ 09:28 CET
EUOBSERVER / BRUSSELS - Germany has accused the US of breaking a promise made at the G20 summit in Toronto in June by injecting a further $600 billion into its economy to stimulate growth.Speaking on national TV on Thursday (4 November), German finance minister Wolfgang Schauble said that participants at the meeting had agreed to tighten their belts: That was the common policy, that all developed countries, including the US, at the G20 summit in Toronto ... explicitly obliged to undertake. We will speak critically about this in bilateral talks with our American friends, but also at the G20 summit in South Korea in the coming weeks.The US decision, announced on Wednesday, is to see the US Federal Reserve buy US Treasury bonds in a financial procedure called quantitative easing, which is also known as printing money by its critics as the extra liquidity is not necessarily withdrawn.
The US move gave a fillip to stock markets around the world. But it also caused the value of the dollar to drop sharply against the euro, making EU exports less competitive on world markets..Germany's Mr Schauble argued that the US should tackle the underlying economic problems causing unemployment instead. A chorus of German politicians echoed his cries, including economy minister Rainer Bruderle and Liberal party member of parliament Frank Schaeffler.Printing money again will trigger a tsunami across the world economy, Mr Schaeffler said.The world's second most powerful central banker, the European Central Bank's Jean-Claude Trichet, bit his tongue during his regular monthly press conference on Thursday, however.No further comments on what is done by other central banks, who have their own responsibility, their own environment, he said, according to newswires. I never comment on moves on the market on a day-to-day basis. I have no indication that would change my trust in the fact that the Fed reserve chairman is not playing the strategy and the tactics of the weak dollar.I have no reason not to trust them, he added.The ECB has committed itself to a strategy of gradually dismantling the EU stimulus plans put in place in response to the global economic crisis.But Mr Trichet hinted on Thursday that the bank may have resumed its purchases of euro-zone government bonds in an attempt to reduce tensions in the European debt markets. Noting that figures out on Monday showed no new bond purchases by the ECB for the third week running, he said: You have always information that are not real-time. They are addressing what has happened a number of working days before... you will see that the program exists.
EU ambassador to attend Nobel gala despite Chinese bullying The Nobel gala dinner in Oslo is traditionally attended by all 27 EU ambassadors (Photo: wikipedia)
ANDREW RETTMAN Today NOV 5,10 @ 18:34 CET
EUOBSERVER / BRUSSELS - The EU ambassador to Norway and senior diplomats from several EU countries plan to attend the Nobel peace prize ceremony in December despite Chinese pressure.The office of EU foreign relation chief Catherine Ashton told EUobserver on Friday (5 November) that the EU's top man in Oslo, Janos Herman, will attend the gala dinner honouring Chinese dissident Liu Xiaobo on 10 December.
Mr Herman in recent days received a letter from his Chinese counterpart in the Norwegian capital asking him to boycott the ceremony. No letters were sent to the EU institutions in Brussels. But the vast majority of EU member states' bilateral missions in Norway received similar anti-Nobel requests.It is of course up to each individual member state to decide if they should attend the event. Should a member state or a number of member states request the High Representative/Vice-President [Ms Ashton] to have a co-ordinated position, the High Representative/Vice-President would take this on board. But we have not had such a request at this stage, her spokesman said.The ambassadors of Denmark, Finland, the Netherlands and the UK and the deputy chief of the German mission to Norway have in separate statements also confirmed they will attend.France is hedging its bets for now. An official foreign ministry communique on Thursday said only that it will decide before 10 December. The Norwegian Nobel Committee has asked invitees to respond by 15 November.The news on China's anti-Nobel lobbying came at an awkward time for France. Paris this week hosted Chinese President Hu Jintao on a three-day visit in which his delegation signed several billion euros' worth of contracts with French nuclear power, aviation and petrochemical companies.Asked by this website if France's silence on the Nobel question makes it look like it is putting Chinese money before human rights, the French foreign ministry's press service said it is not authorised to say anything on the subject beyond the Thursday communique. The three-day Chinese visit to France contained no question-and-answer sessions for press.China's style of diplomacy has caused annoyance in Brussels, meanwhile. It's not for China to dictate to member states what they should do. This is typical Chinese bullying tactics, an EU diplomatic contact said.Mr Liu is serving an 11-year-long jail sentence and is unlikely to be let out to collect his award in person.
According to an informal survey by an EUobserver contact in the Asian country, many educated Chinese people have not heard of him due to media censorship. Some have not even heard of the Tiananmen Square massacre. Among those who have heard of Mr Liu, opinion is split between those who admire his bravery for standing up to the state; those who see him as a Western darling and an agent of foreign interference; and those who think China should concentrate on economic growth instead of civil liberties.Chinese state media have meanwhile reached out to Western audiences to rubbish his name.An English language report on Xinhua news agency on 28 October entitled Who is Liu Xiaobo? quoted him as saying that Chinese people are weak and that he is ashamed of being Chinese. It said that prior to his arrest he lived comfortably on money paid by foreign NGOs and drank fancy foreign wine.For its part, the Norwegian Nobel Committee last month said: The campaign to establish universal human rights also in China is being waged by many Chinese, both in China itself and abroad. Through the severe punishment meted out to him, Liu has become the foremost symbol of this wide-ranging struggle for human rights in China.
Global Eyes Gareth Harding
On Friday I was in Vienna to pick up an Erasmus EuroMedia Award for an e-magazine I edit on EU communications issues. It’s called Opinion Corner and is published by Mostra, a Brussels-based communications agency.The latest edition of the magazine focuses on how the rest of the world views the EU and features interviews with Balkan musician Goran Bregovic, branding guru Simon Anholt and journalists, politicians and analysts in Moscow, Istanbul, Ankara, Washington DC, Brussels and London. We also carried out street interviews in Burkina Faso, Mexico, China and Egypt to find out what ordinary people make of the EU.It may come as a surprise to Europeans – many of whom are lukewarm about the EU project and gloomy about its future prospects – to learn that the European Union is viewed in an overwhelmingly positive light across the globe.In a poll carried out by Globescan for the BBC World Service in April 2010, citizens in all but two of the 28 countries surveyed said they had a mainly positive opinion about the EU’s influence in the world. Only Germany was judged more benignly in the poll, with 53% of respondents saying the EU had a positive and 18% saying it had a negative influence in the world.A more recent poll conducted by the Pew Global Attitudes Project in 2009 confirms the EU’s popularity worldwide – although public opinion is not as positive as the Globescan survey. Majorities or pluralities in 18 of the 25 countries surveyed said they had a favourable view of the European Union.
Before EU public relations folk crack open the champagne, they should remember that:
•This enthusiasm is coupled with widespread ignorance about what the European Union is and does.
•Much of the fuzzy feeling towards the EU is due to the fact that people see it as synonymous with the continent of Europe – which evokes images of wealth, beauty, culture and history.
•Support for the EU is haemorrhaging in the Wider Middle East. The five countries that view the Union most unfavourably – Pakistan, Egypt, Palestine, Turkey and Jordan – are all predominantly Muslim countries. In Pakistan, only nine percent of respondents said they had a positive opinion of the Union, according to the 2009 Pew poll. 72% of Jordanians and 57% of Palestinians said they viewed the EU unfavourably, despite the billions of dollars Brussels has pumped into the West Bank.
Foreign policy experts we interviewed in Washington DC, Moscow, London, Brussels and Turkey also had a much dimmer view of the EU than citizens. Among the criticisms levelled at the bloc are that it is obsessed by internal issues, projects a weak and ineffectual image, fails to live up to its high ideals and is incapable of communicating what it actually stands for. The ability of the EU to project itself as a brand is quite pitiful,says Martin Walker, Senior Director of the Global Business Policy Council.
There was also a quasi-unanimous view that the Lisbon treaty has created more, not less confusion and that the appointments of EU president Herman Van Rompuy and foreign policy chief Cathy Ashton – two unknown, uninspriring entities according to the European Policy Centre’s Shada Islam – was a missed opportunity for the EU to raise its international profile. The hope was that Lisbon would make the EU role in the world clearer, says Tomas Valasek of the Centre for European Reform in London. That hasn’t happened.The EU still remains a good global brand. It is viewed positively by most citizens in most states. It is envied for its relative peace and prosperity and provides a model for regions seeking closer economic integration. Unlike Russia, China and the United States, it is viewed as a non-threatening actor on the international stage.However, in recent years, the EU’s image has taken something of a knock as a result of the navel-gazing leading to the adoption of the Lisbon treaty and the confusion following it, the global financial crisis, Greece’s economic meltdown – and the EU’s belated attempts to rescue it – and the Union’s continued inability to punch its weight on the world stage. This lack of confidence is reflected in opinion polls, with the latest survey by Globescan showing a four-point drop in positive views towards the EU.So what can be done to polish up the EU’s image abroad and improve the way it conducts public diplomacy? As the European diplomatic corps sets up shop, the experts we spoke to offered the following advice:
•Don’t be afraid to take hard decisions and use hard power. Says Valasek: Foreign Policy is not a Eurovision Song Contest.
•Align brand EU (boring, bureaucratic) much more closely with brand Europe (beautiful, buzzing.)
•Focus less on process and more on action.
•Communicate better abroad – send diplomats abroad who can engage with locals not just talk tariffs and quotas.
Ultimately the EU will be judged around the world for what it achieves, rather than how it communicates. But until the European Union learns to engage with citizens in language they can understand and relate to, few people will ever know what it does and stands for.
Friday, November 05, 2010
Thursday, November 04, 2010
STOCK RESULTS NOV 4,10
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS THU NOV 04,2010
09:30 AM +1.52
10:00 AM +132.22
10:30 AM +168.32
11:00 AM +203.52
11:30 AM +186.19
12:00 PM +179.73
12:30 PM +185.35
01:00 PM +188.43
01:30 PM +191.23
02:00 PM +177.10
02:30 PM +184.22
03:00 PM +186.30
03:30 PM +214.15
04:00 PM +219.71 11,434.84
S&P 500 1221.05 +23.09
NASDAQ 2577.34 +37.07
GOLD 1,393.30 +55.70
OIL 86.49 +1.68
TSE 300 12,878.80 +207.70
CDNX 1994.46 +45.82
S&P/TSX/60 737.73 +11.64
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +101 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +168 points at high today so far.
GOLD opens at $1,378.70.OIL opens at $86.38 today.
AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +219 points at high today so far.
WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +219 points at high today.
GOLD ALLTIME HIGH $1,393.30 (NOT AT CLOSE)(NEW HIGH TODAY AGAIN)
INSIDE VIEW OF INTERNATIONAL BANKERS
http://vids.myspace.com/index.cfm?fuseaction=vids.individual&videoid=36666041
UNDERSTANDING WORLD GOVERNMENT
http://www.womensgroup.org/
http://video.google.com/videoplay?docid=504526035342184251
BANK OF INTERNATIONAL SETTLEMENT PRESS
http://www.bis.org/events/agm2009/pcvideo.htm
BANK FOR INTERNATIONAL SETTLEMENTS PAPER 17 REGIONAL AREAS OF THE WORLD AND CURRENCIES
http://www.bis.org/publ/bppdf/bispap17.pdf
BANK FOR INTERNATIONAL SETTLEMENTS SITE
http://www.bis.org/
G-10 PRESS RELEASES FROM BANK FOR INTERNATIONAL SETTLEMENTS
http://www.bis.org/list/press_releases/said_12/index.htm
BIS ANNUAL REPORTS
http://www.bis.org/list/press_releases/said_10/index.htm
CENTRAL BANKERS SPEECHES
http://www.bis.org/list/cbspeeches/index.htm
BANK FOR INTERNATIONAL SETTLEMENTS-NEW WORLD ORDER-JULY 10,10 HOURS 1 & 2
http://www.olivetreeviews.org/radio/mp3/
THE BANK FOR INTERNATIONAL SETTLEMENTS IS THE CENTRAL BANK OF THE WORLD THAT LENDS ONLY TO CENTRAL BANKERS AROUND THE GLOBE.THE IMF LENDS TO THE COUNTRIES BANKS OF THE WORLD.BETWEEN THIS BANK AND THE IMF I BELIEVE WILL BE THE BANKS OF THE WORLD.THE IMF THE WORLD BANK AND THE POLICEMAN OF THE IMF THE BANK FOR INTERNATIONAL SETTLEMENTS WHERE WE PAY OUT CAP & TRADE,CLIMATE,ENERGY SCAM TAXES TOO TO PAY FOR THE WORLD GOVERNMENT.THE GLOBAL CURRENCY WILL BE THE SDRS OR SPECIAL DRAWING RIGHTS UNTILL THE EU INVENTS THE WORLD MICROCHIP IMPLANT SYSTEM THEN THE EU WILL MAKE ALL TAKE THE IMPLANT OR BE MURDERED.
9 Reasons Why Quantitative Easing Is Bad For The U.S. Economy
The Economic Collapse November 4, 2010
The Federal Reserve is pumping 900 billion dollars into the system and that is going to have a significant impact.Buckle up and hold on – a new round of quantitative easing is here and things could start getting very ugly in the financial world over the coming months. The truth is that many economists fear that an out of control Federal Reserve is crossing the Rubicon by announcing another wave of quantitative easing. Have we now reached a point where the Federal Reserve is simply going to fire up the printing presses and shower massive wads of cash into the financial system whenever the U.S. economy is not growing fast enough? If so, what does the mean for inflation, the stability of the world financial system and the future of the U.S. dollar? The Fed says that the plan is to purchase $600 billion of U.S. Treasury securities by the middle of 2011. In addition, the Federal Reserve has announced that it will be reinvesting an additional $250 billion to $300 billion from the proceeds of its mortgage portfolio in U.S. Treasury securities over the same time period. So that is a total injection of about $900 billion. Perhaps the Fed thought that number would sound a little less ominous than $1 trillion. In any event, the Federal Reserve seems convinced that quantitative easing is going to work this time. So should we believe the Federal Reserve? The truth is that the Federal Reserve has tried this before. In November 2008, the Federal Reserve announced a $600 billion quantitative easing program. Four months later the Fed felt that even more cash was necessary, so they upped the total to $1.8 trillion.
So did quantitative easing work then?
No, not really. It may have helped stabilize the economy in the short-term, but unemployment is still staggeringly high. Monthly U.S. home sales continue to come in at close to record low levels. Businesses are borrowing less money. Individuals are borrowing less money. Stores are closing left and right.The Fed is desperate to crank the debt spiral that our economic system is now based upon back up again. The Fed thinks that somehow if it can just pump enough nearly free liquidity into the banking system, the banks will turn around and lend it out at a markup and that this will get the debt spiral cranking again.The sad truth is that the Federal Reserve is not trying to build an economic recovery on solid financial principles. Rather, what the Federal Reserve envisions is an economic recovery based on new debt creation.
So will $900 billion be enough to get the debt spiral cranked up again?
No.
If 1.8 trillion dollars didn’t work before, why does the Federal Reserve think that 900 billion dollars is going to work now? This new round of quantitative easing will create more inflation and will cause speculative asset bubbles, but it is not going to fix what is wrong with the economy. The damage is just too vast as Charles Hugh Smith recently explained….Anyone who believes a meager one or two trillion dollars in pump-priming can overcome $15-$20 trillion in overpriced assets and $10 trillion in uncollectible debt may well be disappointed.In fact, economists over at Goldman Sachs estimate that it would take a staggering $4 trillion in quantitative easing to get the economy rolling again.Of course that may eventually be what happens. The Fed may be starting at $900 billion just to get the door open. With these kinds of bureaucrats, once you give them an inch they usually end up taking a mile.So why should we be concerned about quantitative easing? The following are 9 reasons why quantitative easing is bad for the U.S. economy….
#1 Quantitative Easing Will Damage The Value Of The U.S. Dollar
Each time you add a new dollar to the system, it decreases the value of each existing dollar by just a little bit. Now the Federal Reserve is pumping 900 billion dollars into the system and that is going to have a significant impact. Bill Gross, the manager of the largest mutual fund in the entire world, said on Monday that he believes that more quantitative easing could result in a decline of the U.S. dollar of up to 20 percent….I think a 20 percent decline in the dollar is possible.
#2 Inflation Is Going To Hit Already Struggling U.S. Consumers Really Hard
Already, investors have been fleeing from the U.S. dollar and other paper currencies and have been flocking to commodities, precious metals and oil. That means that the price of food is going to go up. The price of gasoline is also going to go up. American families are going to find their budgets stretched even more in the months ahead.
#3 Once An Inflationary Spiral Gets Going It Is Really Hard To Stop
The Federal Reserve is playing a very dangerous game by flirting with inflation. Once an inflationary spiral gets going, it is really difficult to stop. Just ask anyone who lived through the Weimar Republic or anyone who lives in Zimbabwe today. If the Federal Reserve is now going to be dumping hundreds of billions of fresh dollars into the system whenever the economy gets into trouble it is inevitable that we will see rampant inflation at some point.
#4 Inflation Is A Hidden Tax On Every American
Tens of millions of Americans have worked incredibly hard to save up a little bit of money. These Americans are counting on that money to pay for a home, or to pay for retirement or to pay for the education of their children. Well, inflation is like a hidden tax on all of those savings. In fact, inflation is a hidden tax on every single dollar that all of us own. We have been taxed more than enough – we certainly don’t need the Federal Reserve imposing another hidden tax on all of us.
#5 The Solution To The Housing Bubble Is Not Another Housing Bubble
Today, approximately a third of all U.S. real estate is estimated to have negative equity. The Federal Reserve apparently believes that by flooding the system with gigantic sacks of cash banks will start making home loans like crazy again and home prices will rise substantially once again – thus wiping out most of that negative equity.But the solution to the housing bubble is not another housing bubble. The kinds of crazy home loans that were made back in the middle of the decade should never be made again. Market forces should be allowed to bring the housing market to a new equilibrium where ordinary Americans can actually afford to purchase homes. But that is not how our system works anymore. Today, everything has to be manipulated.
#6 More Quantitative Easing Threatens To Destabilize The Global Financial System
We have already entered a time of increasing global financial instability, and the Federal Reserve is not going to help things by introducing hundreds of billions of new dollars into the game. Over the past two decades, bubble after bubble has caused tremendous economic problems, and now all of this new money could give rise to new bubbles. Already, we see financial institutions and investors pumping up carry trade bubbles, engaging in currency speculation and driving up commodity prices to ridiculous levels.
#7 Quantitative Easing Is An Aggressive Move In A World Already On The Verge Of A Currency War
Quantitative easing will likely help U.S. exporters by causing the value of the U.S. dollar to sink. However, this gain by U.S. exporters will come at the expense of foreigners. It is essentially a zero sum game. So all of those exporting countries that are already upset with us will become even more furious as the U.S. dollar declines. Could we witness the first all-out global currency war in 2011?
#8 Quantitative Easing Threatens The Status Of The Dollar As The World Reserve Currency
As the Federal Reserve continues to play games with the U.S. dollar, quite a few nations around the globe will start evaluating whether or not they want to continue to trade with the U.S. dollar and use it as a reserve currency.In fact, a recent article on The Market Oracle website explained how this is already happening….In September, China supported a Russian proposal to start direct trading using the yuan and the ruble rather than pricing their trade or taking payment in U.S. dollars or other foreign currencies. China then negotiated a similar deal with Brazil. And on the eve of the IMF meetings in Washington on Friday, Premier Wen stopped off in Istanbul to reach agreement with Turkish Prime Minister Erdogan to use their own currencies in a planned tripling Turkish-Chinese trade to $50 billion over the next five years, effectively excluding the dollar.
#9 It Is Going To Become More Expensive For The U.S. Government To Borrow Money
Right now, the U.S. government has been able to borrow money at ridiculously low interest rates. But as the Federal Reserve keeps buying up hundreds of billions in U.S. Treasuries, the rest of the world is going to start refusing to participate in the ongoing Ponzi scheme.Peter Schiff, the CEO of Euro Pacific Capital, says that one of the big reasons for more quantitative easing is because the U.S. government is already starting to have difficulty finding enough people to borrow from….At the end of the day, all this deflation talk is a red herring. The true purpose of QE 2 is to disguise the decreasing ability of the Treasury to finance its debts. As global demand for dollar-denominated debt falls, the Fed is looking for an excuse to pick up the slack. By announcing QE 2, it can monetize government debt without the markets perceiving a funding problem.But the truth is that foreigners are not stupid. They can see the shell game that is being played. As Bill Gross noted on Monday, U.S. government debt will soon become a lot less attractive to foreign investors….
QEII not only produces more dollars but it also lowers the yield that investors earn on them and makes foreigners, which is the key link to the currencies, it makes foreigners less willing to hold dollars in current form or at current prices.As foreigners begin to balk at all of this nonsense, the U.S. government will either have to start paying higher interest rates on government debt in order to attract enough investors, or the Federal Reserve will just have to drop all pretense and permanently start buying up most of the debt. Either way, once faith has been lost in U.S. Treasuries the financial world will never, ever be the same.Most Americans have absolutely no idea how fragile the world financial system is right now. Once the rest of the world loses faith in the U.S. dollar and in U.S. Treasuries this entire thing could completely unravel very quickly.The Federal Reserve is playing a very dangerous game. They are openly threatening the delicate balance of the world financial system.Once the toothpaste is out of the tube, it is really hard to put it back in again. Cross your fingers and hold on tight, because things are going to get really bumpy ahead.
Federal Reserve to print billions of dollars in massive shadow stimulusBy Agence France-Presse Tuesday, November 2nd, 2010 -- 5:23 pm
The Federal Reserve's policy-setting panel began a crucial two-day meeting Tuesday, poised to cast aside its long-held reluctance to micro-manage the economy in a bid to avoid a lost decade of growth.The central bank's open market committee (FOMC) is expected to approve massive stimulus spending not seen since the depths of the economic crisis.At the conclusion of the meeting Wednesday, the Fed is expected to announce it will resume the large-scale purchase of long-term US bonds -- essentially printing billions of dollars -- in the hope of boosting a weak recovery.
While the Fed took similar measures during the crisis, it is unprecedented when the economy is not teetering on the edge of collapse, raising protests from some Fed members who fear it is unnecessary and will fuel long-term inflation.Critics of the policy argue that although the recovery is painfully slow, markets should be allowed to do their work. They also worry that if the policy fails the Fed's credibility will be wrecked.I think that this will quite possibly be the worst mistake by the Fed in a generation, said Stephen Stanley of Pierpont Securities.But supporters argue that the Fed is failing in both of the prongs of its dual mandate, with unemployment and inflation both at unsustainable levels and must act.Since Fed chairman Ben Bernanke first suggested the possibility in late September, and confirmed it in October, markets and most economists have penciled in another round of quantitative easing (QE) as a solid bet.Goldman Sachs analysts and others predicted the rate-setting Federal Open Market Committee would start with a purchase of about 500 billion dollars in Treasury bonds.The Fed already has poured in more than 1.5 trillion dollars to spark a recovery.
The FOMC meeting opened Tuesday in the thick of hotly contested congressional and local elections nationwide.President Barack Obama's Democrats are poised to lose seats in Congress to Republicans, who oppose the administration's massive stimulus spending that dragged the economy out of the worst recession since the Great Depression, but ran up sky-high deficits doing it.A government report Friday showing only modest third-quarter economic growth bolstered expectations of further Fed stimulus to lower long-term interest rates and fight off deflationary pressure in the slack economy.The world's largest economy grew at a 2.0 percent annual rate in July-September, in line with expectations, slightly more than a 1.7 percent expansion in the second quarter.Economists consider that economic growth must reach about three percent for some time to significantly reduce high unemployment.But more than a year after the recession officially ended, unemployment has been hovering near double-digits.
When the government reports payroll data on Friday, the jobless rate was expected to remain stuck at 9.6 percent for the third straight month in October.The US economic recovery continues on, but growth remains too weak to cause a serious improvement in the labor market, said Augustine Faucher at Moody's Analytics.Amid that backdrop the Fed has left interest rates at historic lows and is unlikely to change that stance any time soon.Nomura Global Economics analysts predicted the FOMC statement would include a commitment to continue buying until the committee's forecasts show significant progress toward full employment and inflation approaches more acceptable levels.
The Fed No Longer Cares About Hiding The Fact It Is Killing The Dollar
Steve Watson Infowars.com November 4, 2010
A number of prominent figures within the financial world are warning that a second round of quantitative easing, expected to be announced today by the Federal Reserve, will have disastrous consequences for the US dollar and the global economy.The Fed will release a statement this afternoon, most likely confirming that it is to buy at least $500 billion of long-term securities, in the form of printing money out of thin air.The justification is to offset deflationary fears and stimulate spending, however, critics have refuted this outlook.
Peter Schiff, CEO of Euro Pacific Capital notes:At the end of the day, all this deflation talk is a red herring. The true purpose of QE 2 is to disguise the decreasing ability of the Treasury to finance its debts. As global demand for dollar-denominated debt falls, the Fed is looking for an excuse to pick up the slack. By announcing QE 2, it can monetize government debt without the markets perceiving a funding problem.I think that this will quite possibly be the worst mistake by the Fed in a generation, adds Stephen Stanley of Pierpont Securities.Bill Gross, the manager of the world’s largest mutual fund, told Reuters on Monday that he fears that the measures will result in a catastrophic decline in the value of the dollar:
I think a 20 percent decline in the dollar is possible, Gross said.When a central bank prints trillions of dollars of checks, which is not necessarily what (a second round of quantitative easing) will do in terms of the amount, but if it gets into that territory—that is a debasement of the dollar in terms of the supply of dollars on a global basis, Gross told Reuters in an interview at his PIMCO headquarters.
QEII not only produces more dollars but it also lowers the yield that investors earn on them and makes foreigners, which is the key link to the currencies, it makes foreigners less willing to hold dollars in current form or at current prices, Gross added.The Fed seems unconcerned that the public impression it is creating is that it is clearly acting to debase the US dollar.It’s a desperate act, says Jeremy Grantham, co-founder of the investment firm GMO. Grantham says it’s a clear message from the Fed to the rest of the world: The U.S. doesn’t care if the dollar weakens.
James D. Hamilton, a University of California, San Diego economist notes that Bernanke may risk increasing expectations for higher inflation by too much, causing a shake- up in currency and bond markets.That perception alone would bring about a series of immediate challenges, such as a rapid flight from the dollar, commodity speculation and possible under-subscription to Treasury auctions, said Hamilton, a former visiting scholar at the Fed board and the New York and Atlanta district banks.
The real ugly question is, will this ultimately end up being inflationary? said Scott Minerd, the Santa Monica, California-based chief investment officer at Guggenheim Partners LLC, who helps oversee $76 billion. In the long run, five to 10 years from now or in the next decade, this is going to be a massive problem.The London Telegraph’s International Business Editor, Ambrose Evans-Pritchard, agrees with this outlook, noting that QE2 risks currency wars and the end of dollar hegemony:The Fed’s QE2 risks accelerating the demise of the dollar-based currency system, perhaps leading to an unstable tripod with the euro and yuan, or a hybrid gold standard, or a multi-metal bancor along lines proposed by John Maynard Keynes in the 1940s.” Evans-Pritchard writes, referring to the stated intention to institute a new global currency out of the ashes of the crippled world economy.The most noted critics of the plan, however, have been Fed members themselves who fear the plan is dangerous, unnecessary bargain with the devil that will fuel long-term inflation.
As reported by Bloomberg:Kansas City’s Thomas Hoenig, who has already dissented six straight times, said Oct. 25 that he opposes more easing and because it’s a very dangerous gamble that may accelerate inflation and create asset price bubbles. Dallas Fed President Richard Fisher and the Philadelphia Fed’s Charles Plosser have also spoken out since the FOMC’s last meeting against more action by the central bank.In addition, Minneapolis Fed President Narayana Kocherlakota has questioned whether QE2 will work. Richmond Fed President Jeffrey Lacker has also seemed to doubt whether it is necessary.Instead they say that the markets should be allowed to correct themselves.
AMERICANS REBELL
http://www.youtube.com/watch?v=taKgvrSWvHQ&feature=player_embedded
For Fed’s bond purchases, low expectations
By Zachary Roth – Wed Nov 3, 5:10 pm ET
The Federal Reserve announced Wednesday that it will make a second large purchase of Treasury bonds by the end of June in a bid to kick start the economy. The move wasn't a surprise, though at $600 billion, the buy was somewhat larger than many observers had been expecting -- and in a statement, the Fed left the door open to further purchases down the road.The idea behind the move is what's known in market-speak as QE2 -- this marking the second time the Fed has tried some quantitative easing of market conditions since the 2008 meltdown. If the bond purchases significantly reduces long-term interest rates, the thinking goes, that will probably make it easier for homeowners to refinance, and businesses to borrow money so as to expand.But there are risks. QE2 could cause spikes in inflation, creating future bubbles of the kind that triggered the current downturn or leading to a rapid decline in the value of the dollar. Or, the purchase may simply prove ineffective at stimulating lending, leading to the perception that the Fed has run out of effective ways to address the economic situation.
Here's a quick rundown of how some observers see it:
• Scott Pardee, a former New York Fed official now teaching at Middlebury College, contends that the move may expose the Fed's policy weaknesses in the present downturn. In an interview with Bloomberg News, he warned that Ben Bernanke and Co. are, as Bloomberg put it,risking a strategy that may either fail or fuel inflation and asset bubbles.
• And some macroeconomists take the same view--even within the Fed itself. Thomas Hoenig, the president of the Federal Reserve Bank of Kansas City, dissented from the Fed's action. Hoenig was concerned that this continued high level of monetary accommodation increased the risks of future financial imbalances and, over time, would cause an increase in long-term inflation expectations that could destabilize the economy,according to the Fed's statement.
• Leonard Santow, an economic consultant, meanwhile, said he thinks the move will have little impact. Monetary policy is already unsustainably easy, and adding to the Fed's generosity through more quantitative easing will do little to stimulate the economy,Santow told the New York Times.
• Even those who aren't opposed to the move, like former Fed governor Laurence Meyer, seem to think that fiscal policy can have much more of an impact on the economy than anything the Fed can do. Bernanke has said that fiscal stimulus, accommodated by the Fed, is the single most powerful action the government can take for lowering the unemployment rate, when short-term rates are already at zero, Meyer told the Times. He has nearly pleaded with Congress for fiscal stimulus, but he can't count on it. So he has to act as if that's not going to happen.
• Rick Newman of U.S. News and World Report judges that QE2 will probably have far less impact on the economy than QE1, simply because of its smaller size. He also says the Fed's bond purchase won't do much to move the markets, because investors have been expecting the move for some time, and the effects have therefore already been priced in.Indeed, for months the markets have been rising on expectations of the Fed acting, and they continued to climb steadily Wednesday afternoon.
• Jeff Kleintop, chief market strategist at LPL Financial in Boston, likewise questions how effective the move will be. This provides the market with additional clarity,Kleintop told Reuters. The question is whether this is enough.
• Richard Franulovich, senior currency strategist at Westpac in New York, also counts himself among the skeptics. I am slightly underwhelmed,he told Reuters.
• And Matthew Yglesias, a blogger with the Center for American Progress, anticipates that the reality of modestly elevated inflation should somewhat speed the debt-payback cycle and modestly reduce the real interest rate, both of which can spur economic activity.But he'd like to see more urgency from the central bank in getting the economy moving again.
So to sum up, some observers expect QE2 to do more harm than good. Others think it may have a positive effect, but don't think it'll be adequate, at least on its own, to boost the economy on the scale the situation demands.If there's anyone out there who strongly believes that this will be the magic bullet to fix our economic woes, we sure haven't found them.But with fiscal stimulus looking to be off the table given the Republican gains in the midterms Tuesday night, QE2 may be something close to the government's only option.
Barnier to end domination of bank lobby in EU advisory groups
LEIGH PHILLIPS 03.11.2010 @ 09:25 CET
EUOBSERVER / BRUSSELS - EU internal market commissioner Michel Barnier has said he is to move against the domination of the financial sector in expert groups that advise the European Commission on financial regulation.Mr Barnier, who is also responsible for reform of financial regulation across the bloc, on Monday (1 November) announced that he has asked the civil servants under him to perform a review of the expert-group system and revise it to provide for greater representation from consumer groups, trade unions, small businesses and NGOs.I remain convinced that more needs to be done to enhance the active participation of civil society organisations in Internal Market policymaking in order to fully achieve a fair balance on non-industry stakeholders' representation in our consultation process, he wrote in a letter to lobby watchdog group Alter-EU.The commission's expert groups, which advise the EU executive on controversial issues and are often the source of policy concepts, have been criticised by pro-transparency NGOs as undemocratic as despite the power they wield, they remain unelected and unbalanced due to the preponderance of industry representatives on them.A total of 11 out of the 25 expert groups advising on financial regulation issues all have a majority of representatives from the banking lobby, allowing industry representatives direct access to officials - in some cases overwhelmingly so.
The Payment Systems Market Expert Group for example, maintains 43 representatives from business, and just two from government, one from academia and one trade unionist. In another expert group on the monitoring of codes of conduct in the clearing and settlement sector, the inbalance is so lopsided that it has 62 industry representatives to four from government.The orders given to his services to reconsider how the expert group representatives are picked follows on from a commitment that the commissioner made in his confirmation hearing before the European Parliament in January, stressing the need for balanced representation in the groups.Alter-EU for their part have cheered the commissioner's move, saying that such changes if successful can mark a turning point towards a more sustainable financial sector that is beneficial for society at large.However, in order to ensure that new financial regulation development reflects the demands of the EU Treaty that all citizens shall receive equal treatment from [EU] institutions, the group said in a letter responding to the commissioner's move, it is not enough just to add a handful more representatives to the expert groups.Instead, in order to avoid what the group calls corporate capture of decision-making, it is essential that commercial interests - both financial services providers and business users of such services - do not have the majority in any expert group.
OECD computers hacked as EU conducts cyber-games
ANDREW RETTMAN Today NOV 4,10 @ 12:31 CET
EUOBSERVER / BRUSSELS - The OECD, the Paris-based club of the world's 33 richest countries, has been successfully hacked by people looking for sensitive information on money laundering, high-level corruption and tax evasion. OECD spokesman Stephen Di Biasio told EUobserver by phone from France on Thursday (4 November) that the body first detected unusual activity in its IT network in August and is still battling to get malware out of its computers three months later despite calling in help from the French security services and private cyber-defence companies.We've got a team trying to close down their points of entry, but we're not in a position today to say we've cleared them out of our system,he said.What we know is it's quite a sophisticated attack. We've got quite high levels of security protocols at the OECD and this has been able to bypass those security measures ... What we are seeing is that it's not a destructive attack. It's obviously fishing for information. Because the OECD works in such a broad array of areas, they are searching around to see what they can get.Mr Di Biasio said the malware appears to have got in via a USB memory stick and that the attacks are coming from "different geographical areas, quite a few points in Asia. He was unable to say if the assault involves a government or a private entity.The suspicion is it came in via USB keys. Our agents travel around the world. They often go to conferences - there are exchanges of information, exchanges of USB keys.The OECD describes itself as a body which brings together the governments of countries committed to democracy and the market economy. It collects economic data and conducts inter-governmental talks on issues including high-level government and corporate corruption, money laundering and tax evasion. Its members include 20 EU countries, as well as Canada, Israel, Japan, Switzerland, Turkey and the US.News of the hack first came out in the specialist, Paris-based publication Intelligence Online on Wednesday, one day before a major EU cyber-security exercise.
The EU simulation, Cyber Europe 2010, is being organised by Enisa, the EU's Crete-based information security agency, and the Joint Research Centre, the European Commission's science wing in Brussels. Modeled on the larger US exercise, Operation Cyber Storm III, launched earlier this year, the EU project is billed as the first-ever pan-European effort of its type. The exercise began at 10am Brussels time on Thursday and is to last until the evening of the same day. It consists of attempts to install and block fake malware on critical online services by around 130 experts sitting at their computers in an operations centre in Crete and in remote locations around Europe.The exercise involves 20 EU countries plus Norway and Switzerland. EU member states Bulgaria, Cyprus, Luxembourg, Malta, Poland, Slovenia and Spain, as well as non-EU country Iceland, are taking part as observers. The UK's Office of Cyber Security and CERT, the Computer Emergency Response Team in Estonia, are among those at the heart of the exercise. London in October announced it would invest €670 million in cyber defence in the coming years, while making deep cuts in conventional armed forces. Estonia was in 2007 the target of a mass-scale cyber attack designed to cripple government and financial services. We will have electronic elections in March, so we have also been conducting our own internal exercises concerning that, CERT spokeswoman Katrin Pargmae told this website.Commenting on the outcome of Thursday's experiment, Enisa spokesman Ulf Bergrstrom noted: If we do find holes and gaps in procedures and channels we will firstly need to plug these holes before we can reveal where they need to be plugged.Asked if Nato was involved in this simulation, since it is active in field of cyber defence, Jonathan Todd, a spokesman for the EU commission said: No. This is the first time such an exercise is being organised, but in future we may look at more complex scenarios.The European Commission in September proposed a new law to put hackers in jail for up to five years and to give Enisa new powers to fight internet crime.
US election result raises concerns in Europe
VALENTINA POP Today NOV 4,10 @ 09:47 CET
EUOBSERVER / BRUSSELS - Most pundits are predicting strained times in EU-US relations after crushing losses by Barack Obama's Democratic Party in midterm elections. But the centre-right European People's Party has congratulated the US Republican opposition party on its victory.Because domestic policy - not foreign policy - was put to the vote in America, I do not anticipate any ruptures in relations with Europe, German foreign minister Guido Westerwelle told German ZDF public broadcaster on Wednesday (3 November) after the US vote count came in.He insisted on the strength of the American president and his country which, in Mr Westerwelle's opinion will preserve continuity in US foreign policy. A spokesman for Chancellor Angela Merkel was also positive, saying he expects little change in US foreign policy after the Republicans took control of Congress by a comfortable margin and left the Democrats with a razor-thin majority of just two seats in the Senate.The only EU politician openly cheering the development was the European People's Party leader, Wilfried Martens.The Belgian politician congratulated the Republican Party for winning yesterday's mid-term elections and announced the visit to Washington of a high-level EPP delegation in December. With the continuation of the global economic and financial crisis, the political dynamics in the US are continuing to evolve in a dramatic way and, among others, underline the importance of strengthening the transatlantic partnership,he said in a statement.
The EPP is an umbrella organisation of all centre-right parties in Europe, currently counting 14 heads of state and government, including Ms Merkel, French President Nicolas Sarkozy and Italian Prime Minister Silvio Berlusconi. Some large opposition parties, such as the Popular Party in Spain, are also affiliated with the EPP.
Pundits on both sides of the Atlantic predict bad times ahead for policies close to the EU's heart, however.Mr Obama could not pass climate change legislation this year despite having a nine-seat majority in the US Senate. Next year, US climate change legislation is dead, Bruce Stokes, an expert with the German Marshall Fund of the US, a Washington-based think-tank, said. Expectations are even lower when it comes to the EU-US summit on 20 November, to be held on the margins of a larger Nato summit at the same time in Lisbon The leader of the Liberals in the European Parliament, Guy Verhofstadt, has called on the EU representatives to approach the US government on the issue of war crimes in Iraq, as revealed by the Wikileaks documents published last month.EU officials say the item will not make it onto the agenda however, in a situation reflecting the weakness of transatlantic diplomacy for some.Wikileaks is rather a no-go at the summit, Ulrike Guerot from the European Council on Foreign Relations told this website.But it reflects the history. We are losing the emotional glue with the US. My kids are born after 9/11. They have not experienced a good America,they have only read about them as the bad guys.Russian officials have for their part said the ratification of a Russia-US treaty aimed at reducing nuclear arsenals could be in jeopardy.If they can't do this in the lame-duck session in the next couple of weeks, the chances for ratification by the new Senate will be radically lower,said Konstantin Kosachev, chairman of the International Affairs Committee in the State Duma, as quoted by Wall Street Journal.
Mr Kosachev has asked the Russian parliament to halt its ratification procedure for now, potentially dealing a blow to the Obama administration's reset in Russia-US ties.President Barack Obama has assumed some responsibility for the defeat, acknowledging that the US public is deeply frustrated with the pace of the economic recovery. Facing a divided government, he also said that he will have to work harder to build consensus in Washington.
Chinese leader to parade through Paris ahead of G20 handover
ANDREW WILLIS Today NOV 4,10 @ 09:22 CET
EUOBSERVER / BRUSSELS - Chinese President Hu Jintao will receive a lavish welcome when he touches down in France on Thursday (4 November), with French President Nicolas Sarkozy hoping stronger ties with Beijing can secure the success of France's tenure at the helm of the G20, set to start later this month.The French president is to personally greet Mr Hu at the airport, before returning together to the Elysee through Paris with a contingent of the Republican Guard on horseback.France's G20 ambitions include fighting currency market volatility and trade disagreements, together with successful reform of the world's multilateral institutions such as the IMF. China's increasing economic might means success is strongly linked to keeping Beijing onboard throughout the discussions, with a string of achievements likely to boost Mr Sarkozy's re-election campaign in 2012.For his part, Mr Hu may be keen to use the French visit to stave off bitter discussion over the value of China's currency at this month's G20 leaders' meeting in Seoul.China has shown its willingness to act in the G20 forum but is sensitive to losses in sovereign economic decision making, expressly forbidding any mention of the yuan issue in recent final communiques.Last month's EU-China summit ended in discord following strong argument over the issue. I say to Europe's leaders - don't join the chorus pressing [China] to revalue the yuan, Chinese Premier Wen Jiabao told a business forum taking place in the margins of the political meeting.Others have chimed in. France's presidency must have the patience to listen to everyone, especially on the reform of the global financial system,deputy foreign minister Fu Ying told Le Figaro newspaper ahead of Mr Hu's visit.The three-day official tour is also expected to see a record number of commercial contracts signed, including an anticipated major order for passenger planes for European aircraft maker Airbus.
Relations between the two sides have improved over the past year, following a sharp disagreement in 2008 when Mr Sarkozy met the Dalai Lama, Tibet's spiritual leader. Paris has remained quiet following last month's Nobel peace prize for Chinese democracy activist Liu Xiaobo.Reports suggest that Beijing has embarked on an active campaign to reduce the impact of the Nobel award, with the Chinese Embassy in Oslo sending official letters to a number of European embassies in the Norwegian capital, asking them not to attend the 10 December award ceremony, say unnamed Western diplomats according to AFP.On Friday, Mr Hu will travel to the Mediterranean port town of Nice, where afternoon talks are expected to centre on foreign affairs, including Iran's nuclear ambitions.The following day he will fly to Portugal where the government has welcomed earlier statements expressing Beijing's willingness to buy Portuguese sovereign debt. Similar announcements prior to a Chinese official visit to Greece last month point to Beijing's growing use of its huge foreign currency reserves to buy diplomatic support.Both Portugal and Greece, together with Ireland, are seen as the eurozone's most vulnerable economies.On Wednesday Portugal's parliament passed a crucial austerity budget to cut the country's high debt levels, after the opposition upheld an agreement with the minority government to abstain from voting.
Commissioner envisages robust EU crisis centre
ANDREW RETTMAN 02.11.2010 @ 17:14 CET
EUOBSERVER / BRUSSELS - EU aid commissioner Kristalina Georgieva is keen to set up a 24-hour-a-day disaster-monitoring centre with access to classified information on EU foreign policy and the authority to call in military assets from EU countries where necessary.When I wake up in the morning and open my eyes, the first thing I do is go to the message of the day on my iPad. They keep them short. They use a standard distribution list - all the member states get it, the relevant EU institutions, the Crisis Room. It's very tightly written - events, bullet points. All the information comes from member states or countries beyond the EU. If it's from an outside source, like the UN or Reliefweb, they give the sources, she told EUobserver in a recent interview.Ms Georgieva was speaking after her proposal last week to set up a new European Emergency Response Centre in Brussels to better cope with natural and man-made disasters around the world.Her message of the day is currently written by the duty officer in the commission's Monitoring and Information Centre (MIC), quite likely on his or her laptop at home. The MIC itself is situated in the Avenue de Beaulieu in Brussels, about five kilometres away from Ms Georgieva's office in the main commission building.The new centre is to have a team of duty officers at their desk round the clock and to move next door to Ms Georgieva, possibly in the Crisis Room in the Charlemagne building, once the current Crisis Room officers join the European External Action Service (EEAS) in the Axa building down the road.I like being with my troops, the commissioner said.Unlike the Crisis Room and the EU's Joint Situation Centre (SitCen), which sniff out early signs of conflicts or terrorist attacks, the aid centre's main job will be to create protocols on how to respond to various kinds of disasters, such as earthquakes or bursting dams, and to model how they are likely to unfold once they strike.Ms Georgieva wants the centre to be staffed by EU officials and seconded civil protection experts from EU countries on the model of SitCen and to work closely with the EEAS.
I have been in the Crisis Room and I know how they operate - they have people scanning the newswires, the internet, twitter. Obviously we are not interested in duplicating what is being done somewhere else, so long as we can plug this [new centre] into a well-functioning system, she said. In order to do this, we will need to have the same level of security clearance, otherwise there will be firewalls between their information and ours ... I see objectively the need to lift our security levels to match theirs.Ms Georgieva noted how civil protection and conflict prevention units work in some EU countries as a potential model for the EU set-up.In some member states, the civil protection team have their own crisis room. They monitor the information that is necessary for deployment of their teams and their equipment. But if there is a higher level of emergency, where you deploy civil protection assets but you also deploy other assets, such as the military or intelligence, then the civil protection force plugs into this more comprehensive crisis management structure. They even have rooms where the seating [for each type of officer] is marked out, so if you are from the civil protection side, you know exactly where to sit.The Bulgarian commissioner made it clear that she wants EU countries to put some military assets at her disposal as a last resort. Her office would call on the units to be deployed where necessary, but the EU capitals would retain operational command.When asked by this website if the European Emergency Response Centre will need the services of men and women with guns, she answered: Of course, yes.Ms Georgieva noted that humanitarian organisations and the military are often mistrustful of each other and that badly-deployed troops can create rather than solve problems. If you take a military truck and you paint it white because white trucks don't get attacked, well, what happens next is that white trucks do get attacked and humanitarian workers get killed,she said.She added that, as in Haiti and Pakistan, military assets may be needed to provide relief and security, however.
In Haiti, the US military, European military, Canadian, were deployed massively, appropriately, under UN co-ordination, primarily for logistics, clearing up rubble. But also some security, because here we had a situation where chaos could erupt, the commissioner said.The military has to be included in our thinking on relief operations.
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.
Confusion, fear as Haiti camps evacuate for storm By JONATHAN M. KATZ, Associated Press – Thu Nov 4, 6:56 am ET
PORT-AU-PRINCE, Haiti – For nearly 10 months, more than 1 million people in Haiti's earthquake camps have been walking a precarious line: Trying to get out and find good homes without losing their tents and the possessions they still have.Now a potential hurricane threatens to upend that careful balance. The Haitian government has called for the voluntary evacuation of all the quake zone's camps ahead of Friday's expected arrival of Tropical Storm Tomas, telling residents to find somewhere else to go.People said, We've been displaced before. What's going to happen to us? Are we going to be able to get back? said Bryant Castro, an American Refugee Committee staffer who is managing the nearly 8,000 people at the Corail-Cesselesse relocation camp.Survivors of the devastating Jan. 12 earthquake have fought forced evictions, weathered storms, organized themselves into security committees, and rallied for better services and aid. Now they are being told to leave and few have anywhere to go.The government says there are more than 1,000 shelters available, but the term is loose and can refer to any building expected to stand up to high winds. The U.N. Office for the Coordination of Humanitarian Affairs said there is a need to identify safe public infrastructure for use as potential storm shelters.Painfully slow reconstruction from the quake, prior storms and the recent commitment of government resources to fight a growing cholera epidemic have left people with few options as overtaxed aid workers struggle to help.We are using radio stations to announce to people that if they don't have a place to go, but they have friends and families, they should move into a place that is secure, said civil protection official Nadia Lochard, who oversees the department that includes the capital, Port-au-Prince.Fear and confusion have swept through many of the camps. Tensions boiled over into scuffles Wednesday at Corail when managers tried to explain a planned voluntary evacuation of nearly 8,000 people from ShelterBox tents once promised to be hurricane-resistent.
The tentative plan there, as at several other camps, is to move some people to schools, churches, and other structures such as abandoned prisons. But most of the homeless are being told to seek out friends or family who can take them in.As news of Tomas' predicted pass slowly filtered through Port-au-Prince via wind-up radios and megaphone announcements, unease set in among people who already lost homes and loved ones in the quake and saw their tents ripped apart in lesser storms this year.
The tension is elevated. People are really concerned about their belongings. They're posing a lot of legitimate questions, Castro said.Concerns are even greater in the western reaches of Haiti's southern peninsula, where heavy flooding is predicted.
Disaster officials have extended a red alert, their highest storm warning, to all regions of the country, as the storm is expected to wind its way up the west coast of the island of Hispaniola, which Haiti shares with the Dominican Republic, through storm-vulnerable Gonaives and Haiti's second-largest city, Cap-Haitien, sometime Friday.The U.S. National Hurricane Center in Miami announced a hurricane warning for Haiti and the southeastern Bahamas and Turks and Caicos. A tropical storm warning was issued for Jamaica, along with tropical storm watches for the southern coast of the Dominican Republic and eastern Cuba.Early Thursday, the storm was about 315 miles (510 kilometers) southwest of Port-au-Prince, and about 160 miles (255 kilometers) south-southeast of Kingston, Jamaica. Tomas had maximum sustained winds of 50 mph (85 kph) and was moving north-northwest near 7 mph (11 kph).
Jamaican soldiers would evacuate hundreds of people in the island's eastern region Thursday and move them into emergency shelters ahead of the storm, Information Minister Daryl Vaz said.We will be going all out to make good sense prevail, he said at a news conference Wednesday.Most of the people who will be evacuated are squatters living along unstable gullies that often flood during heavy rainstorms.
Kareen Bennett, a forecaster with Jamaica's Meteorological Service, said heavy rains will lash the eastern region by Friday morning.Jamaica is still struggling to recuperate from floods unleashed by Tropical Storm Nicole in late September that killed at least 13 people and caused an estimated $125 million in damage.People who are still using boats to move about in the island's rural western regions also will be moved to shelters, said Ronald Jackson, of the emergency management office.
Associated Press writer Howard Campbell in Kingston, Jamaica, contributed to this report.
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS THU NOV 04,2010
09:30 AM +1.52
10:00 AM +132.22
10:30 AM +168.32
11:00 AM +203.52
11:30 AM +186.19
12:00 PM +179.73
12:30 PM +185.35
01:00 PM +188.43
01:30 PM +191.23
02:00 PM +177.10
02:30 PM +184.22
03:00 PM +186.30
03:30 PM +214.15
04:00 PM +219.71 11,434.84
S&P 500 1221.05 +23.09
NASDAQ 2577.34 +37.07
GOLD 1,393.30 +55.70
OIL 86.49 +1.68
TSE 300 12,878.80 +207.70
CDNX 1994.46 +45.82
S&P/TSX/60 737.73 +11.64
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +101 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +168 points at high today so far.
GOLD opens at $1,378.70.OIL opens at $86.38 today.
AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +219 points at high today so far.
WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +219 points at high today.
GOLD ALLTIME HIGH $1,393.30 (NOT AT CLOSE)(NEW HIGH TODAY AGAIN)
INSIDE VIEW OF INTERNATIONAL BANKERS
http://vids.myspace.com/index.cfm?fuseaction=vids.individual&videoid=36666041
UNDERSTANDING WORLD GOVERNMENT
http://www.womensgroup.org/
http://video.google.com/videoplay?docid=504526035342184251
BANK OF INTERNATIONAL SETTLEMENT PRESS
http://www.bis.org/events/agm2009/pcvideo.htm
BANK FOR INTERNATIONAL SETTLEMENTS PAPER 17 REGIONAL AREAS OF THE WORLD AND CURRENCIES
http://www.bis.org/publ/bppdf/bispap17.pdf
BANK FOR INTERNATIONAL SETTLEMENTS SITE
http://www.bis.org/
G-10 PRESS RELEASES FROM BANK FOR INTERNATIONAL SETTLEMENTS
http://www.bis.org/list/press_releases/said_12/index.htm
BIS ANNUAL REPORTS
http://www.bis.org/list/press_releases/said_10/index.htm
CENTRAL BANKERS SPEECHES
http://www.bis.org/list/cbspeeches/index.htm
BANK FOR INTERNATIONAL SETTLEMENTS-NEW WORLD ORDER-JULY 10,10 HOURS 1 & 2
http://www.olivetreeviews.org/radio/mp3/
THE BANK FOR INTERNATIONAL SETTLEMENTS IS THE CENTRAL BANK OF THE WORLD THAT LENDS ONLY TO CENTRAL BANKERS AROUND THE GLOBE.THE IMF LENDS TO THE COUNTRIES BANKS OF THE WORLD.BETWEEN THIS BANK AND THE IMF I BELIEVE WILL BE THE BANKS OF THE WORLD.THE IMF THE WORLD BANK AND THE POLICEMAN OF THE IMF THE BANK FOR INTERNATIONAL SETTLEMENTS WHERE WE PAY OUT CAP & TRADE,CLIMATE,ENERGY SCAM TAXES TOO TO PAY FOR THE WORLD GOVERNMENT.THE GLOBAL CURRENCY WILL BE THE SDRS OR SPECIAL DRAWING RIGHTS UNTILL THE EU INVENTS THE WORLD MICROCHIP IMPLANT SYSTEM THEN THE EU WILL MAKE ALL TAKE THE IMPLANT OR BE MURDERED.
9 Reasons Why Quantitative Easing Is Bad For The U.S. Economy
The Economic Collapse November 4, 2010
The Federal Reserve is pumping 900 billion dollars into the system and that is going to have a significant impact.Buckle up and hold on – a new round of quantitative easing is here and things could start getting very ugly in the financial world over the coming months. The truth is that many economists fear that an out of control Federal Reserve is crossing the Rubicon by announcing another wave of quantitative easing. Have we now reached a point where the Federal Reserve is simply going to fire up the printing presses and shower massive wads of cash into the financial system whenever the U.S. economy is not growing fast enough? If so, what does the mean for inflation, the stability of the world financial system and the future of the U.S. dollar? The Fed says that the plan is to purchase $600 billion of U.S. Treasury securities by the middle of 2011. In addition, the Federal Reserve has announced that it will be reinvesting an additional $250 billion to $300 billion from the proceeds of its mortgage portfolio in U.S. Treasury securities over the same time period. So that is a total injection of about $900 billion. Perhaps the Fed thought that number would sound a little less ominous than $1 trillion. In any event, the Federal Reserve seems convinced that quantitative easing is going to work this time. So should we believe the Federal Reserve? The truth is that the Federal Reserve has tried this before. In November 2008, the Federal Reserve announced a $600 billion quantitative easing program. Four months later the Fed felt that even more cash was necessary, so they upped the total to $1.8 trillion.
So did quantitative easing work then?
No, not really. It may have helped stabilize the economy in the short-term, but unemployment is still staggeringly high. Monthly U.S. home sales continue to come in at close to record low levels. Businesses are borrowing less money. Individuals are borrowing less money. Stores are closing left and right.The Fed is desperate to crank the debt spiral that our economic system is now based upon back up again. The Fed thinks that somehow if it can just pump enough nearly free liquidity into the banking system, the banks will turn around and lend it out at a markup and that this will get the debt spiral cranking again.The sad truth is that the Federal Reserve is not trying to build an economic recovery on solid financial principles. Rather, what the Federal Reserve envisions is an economic recovery based on new debt creation.
So will $900 billion be enough to get the debt spiral cranked up again?
No.
If 1.8 trillion dollars didn’t work before, why does the Federal Reserve think that 900 billion dollars is going to work now? This new round of quantitative easing will create more inflation and will cause speculative asset bubbles, but it is not going to fix what is wrong with the economy. The damage is just too vast as Charles Hugh Smith recently explained….Anyone who believes a meager one or two trillion dollars in pump-priming can overcome $15-$20 trillion in overpriced assets and $10 trillion in uncollectible debt may well be disappointed.In fact, economists over at Goldman Sachs estimate that it would take a staggering $4 trillion in quantitative easing to get the economy rolling again.Of course that may eventually be what happens. The Fed may be starting at $900 billion just to get the door open. With these kinds of bureaucrats, once you give them an inch they usually end up taking a mile.So why should we be concerned about quantitative easing? The following are 9 reasons why quantitative easing is bad for the U.S. economy….
#1 Quantitative Easing Will Damage The Value Of The U.S. Dollar
Each time you add a new dollar to the system, it decreases the value of each existing dollar by just a little bit. Now the Federal Reserve is pumping 900 billion dollars into the system and that is going to have a significant impact. Bill Gross, the manager of the largest mutual fund in the entire world, said on Monday that he believes that more quantitative easing could result in a decline of the U.S. dollar of up to 20 percent….I think a 20 percent decline in the dollar is possible.
#2 Inflation Is Going To Hit Already Struggling U.S. Consumers Really Hard
Already, investors have been fleeing from the U.S. dollar and other paper currencies and have been flocking to commodities, precious metals and oil. That means that the price of food is going to go up. The price of gasoline is also going to go up. American families are going to find their budgets stretched even more in the months ahead.
#3 Once An Inflationary Spiral Gets Going It Is Really Hard To Stop
The Federal Reserve is playing a very dangerous game by flirting with inflation. Once an inflationary spiral gets going, it is really difficult to stop. Just ask anyone who lived through the Weimar Republic or anyone who lives in Zimbabwe today. If the Federal Reserve is now going to be dumping hundreds of billions of fresh dollars into the system whenever the economy gets into trouble it is inevitable that we will see rampant inflation at some point.
#4 Inflation Is A Hidden Tax On Every American
Tens of millions of Americans have worked incredibly hard to save up a little bit of money. These Americans are counting on that money to pay for a home, or to pay for retirement or to pay for the education of their children. Well, inflation is like a hidden tax on all of those savings. In fact, inflation is a hidden tax on every single dollar that all of us own. We have been taxed more than enough – we certainly don’t need the Federal Reserve imposing another hidden tax on all of us.
#5 The Solution To The Housing Bubble Is Not Another Housing Bubble
Today, approximately a third of all U.S. real estate is estimated to have negative equity. The Federal Reserve apparently believes that by flooding the system with gigantic sacks of cash banks will start making home loans like crazy again and home prices will rise substantially once again – thus wiping out most of that negative equity.But the solution to the housing bubble is not another housing bubble. The kinds of crazy home loans that were made back in the middle of the decade should never be made again. Market forces should be allowed to bring the housing market to a new equilibrium where ordinary Americans can actually afford to purchase homes. But that is not how our system works anymore. Today, everything has to be manipulated.
#6 More Quantitative Easing Threatens To Destabilize The Global Financial System
We have already entered a time of increasing global financial instability, and the Federal Reserve is not going to help things by introducing hundreds of billions of new dollars into the game. Over the past two decades, bubble after bubble has caused tremendous economic problems, and now all of this new money could give rise to new bubbles. Already, we see financial institutions and investors pumping up carry trade bubbles, engaging in currency speculation and driving up commodity prices to ridiculous levels.
#7 Quantitative Easing Is An Aggressive Move In A World Already On The Verge Of A Currency War
Quantitative easing will likely help U.S. exporters by causing the value of the U.S. dollar to sink. However, this gain by U.S. exporters will come at the expense of foreigners. It is essentially a zero sum game. So all of those exporting countries that are already upset with us will become even more furious as the U.S. dollar declines. Could we witness the first all-out global currency war in 2011?
#8 Quantitative Easing Threatens The Status Of The Dollar As The World Reserve Currency
As the Federal Reserve continues to play games with the U.S. dollar, quite a few nations around the globe will start evaluating whether or not they want to continue to trade with the U.S. dollar and use it as a reserve currency.In fact, a recent article on The Market Oracle website explained how this is already happening….In September, China supported a Russian proposal to start direct trading using the yuan and the ruble rather than pricing their trade or taking payment in U.S. dollars or other foreign currencies. China then negotiated a similar deal with Brazil. And on the eve of the IMF meetings in Washington on Friday, Premier Wen stopped off in Istanbul to reach agreement with Turkish Prime Minister Erdogan to use their own currencies in a planned tripling Turkish-Chinese trade to $50 billion over the next five years, effectively excluding the dollar.
#9 It Is Going To Become More Expensive For The U.S. Government To Borrow Money
Right now, the U.S. government has been able to borrow money at ridiculously low interest rates. But as the Federal Reserve keeps buying up hundreds of billions in U.S. Treasuries, the rest of the world is going to start refusing to participate in the ongoing Ponzi scheme.Peter Schiff, the CEO of Euro Pacific Capital, says that one of the big reasons for more quantitative easing is because the U.S. government is already starting to have difficulty finding enough people to borrow from….At the end of the day, all this deflation talk is a red herring. The true purpose of QE 2 is to disguise the decreasing ability of the Treasury to finance its debts. As global demand for dollar-denominated debt falls, the Fed is looking for an excuse to pick up the slack. By announcing QE 2, it can monetize government debt without the markets perceiving a funding problem.But the truth is that foreigners are not stupid. They can see the shell game that is being played. As Bill Gross noted on Monday, U.S. government debt will soon become a lot less attractive to foreign investors….
QEII not only produces more dollars but it also lowers the yield that investors earn on them and makes foreigners, which is the key link to the currencies, it makes foreigners less willing to hold dollars in current form or at current prices.As foreigners begin to balk at all of this nonsense, the U.S. government will either have to start paying higher interest rates on government debt in order to attract enough investors, or the Federal Reserve will just have to drop all pretense and permanently start buying up most of the debt. Either way, once faith has been lost in U.S. Treasuries the financial world will never, ever be the same.Most Americans have absolutely no idea how fragile the world financial system is right now. Once the rest of the world loses faith in the U.S. dollar and in U.S. Treasuries this entire thing could completely unravel very quickly.The Federal Reserve is playing a very dangerous game. They are openly threatening the delicate balance of the world financial system.Once the toothpaste is out of the tube, it is really hard to put it back in again. Cross your fingers and hold on tight, because things are going to get really bumpy ahead.
Federal Reserve to print billions of dollars in massive shadow stimulusBy Agence France-Presse Tuesday, November 2nd, 2010 -- 5:23 pm
The Federal Reserve's policy-setting panel began a crucial two-day meeting Tuesday, poised to cast aside its long-held reluctance to micro-manage the economy in a bid to avoid a lost decade of growth.The central bank's open market committee (FOMC) is expected to approve massive stimulus spending not seen since the depths of the economic crisis.At the conclusion of the meeting Wednesday, the Fed is expected to announce it will resume the large-scale purchase of long-term US bonds -- essentially printing billions of dollars -- in the hope of boosting a weak recovery.
While the Fed took similar measures during the crisis, it is unprecedented when the economy is not teetering on the edge of collapse, raising protests from some Fed members who fear it is unnecessary and will fuel long-term inflation.Critics of the policy argue that although the recovery is painfully slow, markets should be allowed to do their work. They also worry that if the policy fails the Fed's credibility will be wrecked.I think that this will quite possibly be the worst mistake by the Fed in a generation, said Stephen Stanley of Pierpont Securities.But supporters argue that the Fed is failing in both of the prongs of its dual mandate, with unemployment and inflation both at unsustainable levels and must act.Since Fed chairman Ben Bernanke first suggested the possibility in late September, and confirmed it in October, markets and most economists have penciled in another round of quantitative easing (QE) as a solid bet.Goldman Sachs analysts and others predicted the rate-setting Federal Open Market Committee would start with a purchase of about 500 billion dollars in Treasury bonds.The Fed already has poured in more than 1.5 trillion dollars to spark a recovery.
The FOMC meeting opened Tuesday in the thick of hotly contested congressional and local elections nationwide.President Barack Obama's Democrats are poised to lose seats in Congress to Republicans, who oppose the administration's massive stimulus spending that dragged the economy out of the worst recession since the Great Depression, but ran up sky-high deficits doing it.A government report Friday showing only modest third-quarter economic growth bolstered expectations of further Fed stimulus to lower long-term interest rates and fight off deflationary pressure in the slack economy.The world's largest economy grew at a 2.0 percent annual rate in July-September, in line with expectations, slightly more than a 1.7 percent expansion in the second quarter.Economists consider that economic growth must reach about three percent for some time to significantly reduce high unemployment.But more than a year after the recession officially ended, unemployment has been hovering near double-digits.
When the government reports payroll data on Friday, the jobless rate was expected to remain stuck at 9.6 percent for the third straight month in October.The US economic recovery continues on, but growth remains too weak to cause a serious improvement in the labor market, said Augustine Faucher at Moody's Analytics.Amid that backdrop the Fed has left interest rates at historic lows and is unlikely to change that stance any time soon.Nomura Global Economics analysts predicted the FOMC statement would include a commitment to continue buying until the committee's forecasts show significant progress toward full employment and inflation approaches more acceptable levels.
The Fed No Longer Cares About Hiding The Fact It Is Killing The Dollar
Steve Watson Infowars.com November 4, 2010
A number of prominent figures within the financial world are warning that a second round of quantitative easing, expected to be announced today by the Federal Reserve, will have disastrous consequences for the US dollar and the global economy.The Fed will release a statement this afternoon, most likely confirming that it is to buy at least $500 billion of long-term securities, in the form of printing money out of thin air.The justification is to offset deflationary fears and stimulate spending, however, critics have refuted this outlook.
Peter Schiff, CEO of Euro Pacific Capital notes:At the end of the day, all this deflation talk is a red herring. The true purpose of QE 2 is to disguise the decreasing ability of the Treasury to finance its debts. As global demand for dollar-denominated debt falls, the Fed is looking for an excuse to pick up the slack. By announcing QE 2, it can monetize government debt without the markets perceiving a funding problem.I think that this will quite possibly be the worst mistake by the Fed in a generation, adds Stephen Stanley of Pierpont Securities.Bill Gross, the manager of the world’s largest mutual fund, told Reuters on Monday that he fears that the measures will result in a catastrophic decline in the value of the dollar:
I think a 20 percent decline in the dollar is possible, Gross said.When a central bank prints trillions of dollars of checks, which is not necessarily what (a second round of quantitative easing) will do in terms of the amount, but if it gets into that territory—that is a debasement of the dollar in terms of the supply of dollars on a global basis, Gross told Reuters in an interview at his PIMCO headquarters.
QEII not only produces more dollars but it also lowers the yield that investors earn on them and makes foreigners, which is the key link to the currencies, it makes foreigners less willing to hold dollars in current form or at current prices, Gross added.The Fed seems unconcerned that the public impression it is creating is that it is clearly acting to debase the US dollar.It’s a desperate act, says Jeremy Grantham, co-founder of the investment firm GMO. Grantham says it’s a clear message from the Fed to the rest of the world: The U.S. doesn’t care if the dollar weakens.
James D. Hamilton, a University of California, San Diego economist notes that Bernanke may risk increasing expectations for higher inflation by too much, causing a shake- up in currency and bond markets.That perception alone would bring about a series of immediate challenges, such as a rapid flight from the dollar, commodity speculation and possible under-subscription to Treasury auctions, said Hamilton, a former visiting scholar at the Fed board and the New York and Atlanta district banks.
The real ugly question is, will this ultimately end up being inflationary? said Scott Minerd, the Santa Monica, California-based chief investment officer at Guggenheim Partners LLC, who helps oversee $76 billion. In the long run, five to 10 years from now or in the next decade, this is going to be a massive problem.The London Telegraph’s International Business Editor, Ambrose Evans-Pritchard, agrees with this outlook, noting that QE2 risks currency wars and the end of dollar hegemony:The Fed’s QE2 risks accelerating the demise of the dollar-based currency system, perhaps leading to an unstable tripod with the euro and yuan, or a hybrid gold standard, or a multi-metal bancor along lines proposed by John Maynard Keynes in the 1940s.” Evans-Pritchard writes, referring to the stated intention to institute a new global currency out of the ashes of the crippled world economy.The most noted critics of the plan, however, have been Fed members themselves who fear the plan is dangerous, unnecessary bargain with the devil that will fuel long-term inflation.
As reported by Bloomberg:Kansas City’s Thomas Hoenig, who has already dissented six straight times, said Oct. 25 that he opposes more easing and because it’s a very dangerous gamble that may accelerate inflation and create asset price bubbles. Dallas Fed President Richard Fisher and the Philadelphia Fed’s Charles Plosser have also spoken out since the FOMC’s last meeting against more action by the central bank.In addition, Minneapolis Fed President Narayana Kocherlakota has questioned whether QE2 will work. Richmond Fed President Jeffrey Lacker has also seemed to doubt whether it is necessary.Instead they say that the markets should be allowed to correct themselves.
AMERICANS REBELL
http://www.youtube.com/watch?v=taKgvrSWvHQ&feature=player_embedded
For Fed’s bond purchases, low expectations
By Zachary Roth – Wed Nov 3, 5:10 pm ET
The Federal Reserve announced Wednesday that it will make a second large purchase of Treasury bonds by the end of June in a bid to kick start the economy. The move wasn't a surprise, though at $600 billion, the buy was somewhat larger than many observers had been expecting -- and in a statement, the Fed left the door open to further purchases down the road.The idea behind the move is what's known in market-speak as QE2 -- this marking the second time the Fed has tried some quantitative easing of market conditions since the 2008 meltdown. If the bond purchases significantly reduces long-term interest rates, the thinking goes, that will probably make it easier for homeowners to refinance, and businesses to borrow money so as to expand.But there are risks. QE2 could cause spikes in inflation, creating future bubbles of the kind that triggered the current downturn or leading to a rapid decline in the value of the dollar. Or, the purchase may simply prove ineffective at stimulating lending, leading to the perception that the Fed has run out of effective ways to address the economic situation.
Here's a quick rundown of how some observers see it:
• Scott Pardee, a former New York Fed official now teaching at Middlebury College, contends that the move may expose the Fed's policy weaknesses in the present downturn. In an interview with Bloomberg News, he warned that Ben Bernanke and Co. are, as Bloomberg put it,risking a strategy that may either fail or fuel inflation and asset bubbles.
• And some macroeconomists take the same view--even within the Fed itself. Thomas Hoenig, the president of the Federal Reserve Bank of Kansas City, dissented from the Fed's action. Hoenig was concerned that this continued high level of monetary accommodation increased the risks of future financial imbalances and, over time, would cause an increase in long-term inflation expectations that could destabilize the economy,according to the Fed's statement.
• Leonard Santow, an economic consultant, meanwhile, said he thinks the move will have little impact. Monetary policy is already unsustainably easy, and adding to the Fed's generosity through more quantitative easing will do little to stimulate the economy,Santow told the New York Times.
• Even those who aren't opposed to the move, like former Fed governor Laurence Meyer, seem to think that fiscal policy can have much more of an impact on the economy than anything the Fed can do. Bernanke has said that fiscal stimulus, accommodated by the Fed, is the single most powerful action the government can take for lowering the unemployment rate, when short-term rates are already at zero, Meyer told the Times. He has nearly pleaded with Congress for fiscal stimulus, but he can't count on it. So he has to act as if that's not going to happen.
• Rick Newman of U.S. News and World Report judges that QE2 will probably have far less impact on the economy than QE1, simply because of its smaller size. He also says the Fed's bond purchase won't do much to move the markets, because investors have been expecting the move for some time, and the effects have therefore already been priced in.Indeed, for months the markets have been rising on expectations of the Fed acting, and they continued to climb steadily Wednesday afternoon.
• Jeff Kleintop, chief market strategist at LPL Financial in Boston, likewise questions how effective the move will be. This provides the market with additional clarity,Kleintop told Reuters. The question is whether this is enough.
• Richard Franulovich, senior currency strategist at Westpac in New York, also counts himself among the skeptics. I am slightly underwhelmed,he told Reuters.
• And Matthew Yglesias, a blogger with the Center for American Progress, anticipates that the reality of modestly elevated inflation should somewhat speed the debt-payback cycle and modestly reduce the real interest rate, both of which can spur economic activity.But he'd like to see more urgency from the central bank in getting the economy moving again.
So to sum up, some observers expect QE2 to do more harm than good. Others think it may have a positive effect, but don't think it'll be adequate, at least on its own, to boost the economy on the scale the situation demands.If there's anyone out there who strongly believes that this will be the magic bullet to fix our economic woes, we sure haven't found them.But with fiscal stimulus looking to be off the table given the Republican gains in the midterms Tuesday night, QE2 may be something close to the government's only option.
Barnier to end domination of bank lobby in EU advisory groups
LEIGH PHILLIPS 03.11.2010 @ 09:25 CET
EUOBSERVER / BRUSSELS - EU internal market commissioner Michel Barnier has said he is to move against the domination of the financial sector in expert groups that advise the European Commission on financial regulation.Mr Barnier, who is also responsible for reform of financial regulation across the bloc, on Monday (1 November) announced that he has asked the civil servants under him to perform a review of the expert-group system and revise it to provide for greater representation from consumer groups, trade unions, small businesses and NGOs.I remain convinced that more needs to be done to enhance the active participation of civil society organisations in Internal Market policymaking in order to fully achieve a fair balance on non-industry stakeholders' representation in our consultation process, he wrote in a letter to lobby watchdog group Alter-EU.The commission's expert groups, which advise the EU executive on controversial issues and are often the source of policy concepts, have been criticised by pro-transparency NGOs as undemocratic as despite the power they wield, they remain unelected and unbalanced due to the preponderance of industry representatives on them.A total of 11 out of the 25 expert groups advising on financial regulation issues all have a majority of representatives from the banking lobby, allowing industry representatives direct access to officials - in some cases overwhelmingly so.
The Payment Systems Market Expert Group for example, maintains 43 representatives from business, and just two from government, one from academia and one trade unionist. In another expert group on the monitoring of codes of conduct in the clearing and settlement sector, the inbalance is so lopsided that it has 62 industry representatives to four from government.The orders given to his services to reconsider how the expert group representatives are picked follows on from a commitment that the commissioner made in his confirmation hearing before the European Parliament in January, stressing the need for balanced representation in the groups.Alter-EU for their part have cheered the commissioner's move, saying that such changes if successful can mark a turning point towards a more sustainable financial sector that is beneficial for society at large.However, in order to ensure that new financial regulation development reflects the demands of the EU Treaty that all citizens shall receive equal treatment from [EU] institutions, the group said in a letter responding to the commissioner's move, it is not enough just to add a handful more representatives to the expert groups.Instead, in order to avoid what the group calls corporate capture of decision-making, it is essential that commercial interests - both financial services providers and business users of such services - do not have the majority in any expert group.
OECD computers hacked as EU conducts cyber-games
ANDREW RETTMAN Today NOV 4,10 @ 12:31 CET
EUOBSERVER / BRUSSELS - The OECD, the Paris-based club of the world's 33 richest countries, has been successfully hacked by people looking for sensitive information on money laundering, high-level corruption and tax evasion. OECD spokesman Stephen Di Biasio told EUobserver by phone from France on Thursday (4 November) that the body first detected unusual activity in its IT network in August and is still battling to get malware out of its computers three months later despite calling in help from the French security services and private cyber-defence companies.We've got a team trying to close down their points of entry, but we're not in a position today to say we've cleared them out of our system,he said.What we know is it's quite a sophisticated attack. We've got quite high levels of security protocols at the OECD and this has been able to bypass those security measures ... What we are seeing is that it's not a destructive attack. It's obviously fishing for information. Because the OECD works in such a broad array of areas, they are searching around to see what they can get.Mr Di Biasio said the malware appears to have got in via a USB memory stick and that the attacks are coming from "different geographical areas, quite a few points in Asia. He was unable to say if the assault involves a government or a private entity.The suspicion is it came in via USB keys. Our agents travel around the world. They often go to conferences - there are exchanges of information, exchanges of USB keys.The OECD describes itself as a body which brings together the governments of countries committed to democracy and the market economy. It collects economic data and conducts inter-governmental talks on issues including high-level government and corporate corruption, money laundering and tax evasion. Its members include 20 EU countries, as well as Canada, Israel, Japan, Switzerland, Turkey and the US.News of the hack first came out in the specialist, Paris-based publication Intelligence Online on Wednesday, one day before a major EU cyber-security exercise.
The EU simulation, Cyber Europe 2010, is being organised by Enisa, the EU's Crete-based information security agency, and the Joint Research Centre, the European Commission's science wing in Brussels. Modeled on the larger US exercise, Operation Cyber Storm III, launched earlier this year, the EU project is billed as the first-ever pan-European effort of its type. The exercise began at 10am Brussels time on Thursday and is to last until the evening of the same day. It consists of attempts to install and block fake malware on critical online services by around 130 experts sitting at their computers in an operations centre in Crete and in remote locations around Europe.The exercise involves 20 EU countries plus Norway and Switzerland. EU member states Bulgaria, Cyprus, Luxembourg, Malta, Poland, Slovenia and Spain, as well as non-EU country Iceland, are taking part as observers. The UK's Office of Cyber Security and CERT, the Computer Emergency Response Team in Estonia, are among those at the heart of the exercise. London in October announced it would invest €670 million in cyber defence in the coming years, while making deep cuts in conventional armed forces. Estonia was in 2007 the target of a mass-scale cyber attack designed to cripple government and financial services. We will have electronic elections in March, so we have also been conducting our own internal exercises concerning that, CERT spokeswoman Katrin Pargmae told this website.Commenting on the outcome of Thursday's experiment, Enisa spokesman Ulf Bergrstrom noted: If we do find holes and gaps in procedures and channels we will firstly need to plug these holes before we can reveal where they need to be plugged.Asked if Nato was involved in this simulation, since it is active in field of cyber defence, Jonathan Todd, a spokesman for the EU commission said: No. This is the first time such an exercise is being organised, but in future we may look at more complex scenarios.The European Commission in September proposed a new law to put hackers in jail for up to five years and to give Enisa new powers to fight internet crime.
US election result raises concerns in Europe
VALENTINA POP Today NOV 4,10 @ 09:47 CET
EUOBSERVER / BRUSSELS - Most pundits are predicting strained times in EU-US relations after crushing losses by Barack Obama's Democratic Party in midterm elections. But the centre-right European People's Party has congratulated the US Republican opposition party on its victory.Because domestic policy - not foreign policy - was put to the vote in America, I do not anticipate any ruptures in relations with Europe, German foreign minister Guido Westerwelle told German ZDF public broadcaster on Wednesday (3 November) after the US vote count came in.He insisted on the strength of the American president and his country which, in Mr Westerwelle's opinion will preserve continuity in US foreign policy. A spokesman for Chancellor Angela Merkel was also positive, saying he expects little change in US foreign policy after the Republicans took control of Congress by a comfortable margin and left the Democrats with a razor-thin majority of just two seats in the Senate.The only EU politician openly cheering the development was the European People's Party leader, Wilfried Martens.The Belgian politician congratulated the Republican Party for winning yesterday's mid-term elections and announced the visit to Washington of a high-level EPP delegation in December. With the continuation of the global economic and financial crisis, the political dynamics in the US are continuing to evolve in a dramatic way and, among others, underline the importance of strengthening the transatlantic partnership,he said in a statement.
The EPP is an umbrella organisation of all centre-right parties in Europe, currently counting 14 heads of state and government, including Ms Merkel, French President Nicolas Sarkozy and Italian Prime Minister Silvio Berlusconi. Some large opposition parties, such as the Popular Party in Spain, are also affiliated with the EPP.
Pundits on both sides of the Atlantic predict bad times ahead for policies close to the EU's heart, however.Mr Obama could not pass climate change legislation this year despite having a nine-seat majority in the US Senate. Next year, US climate change legislation is dead, Bruce Stokes, an expert with the German Marshall Fund of the US, a Washington-based think-tank, said. Expectations are even lower when it comes to the EU-US summit on 20 November, to be held on the margins of a larger Nato summit at the same time in Lisbon The leader of the Liberals in the European Parliament, Guy Verhofstadt, has called on the EU representatives to approach the US government on the issue of war crimes in Iraq, as revealed by the Wikileaks documents published last month.EU officials say the item will not make it onto the agenda however, in a situation reflecting the weakness of transatlantic diplomacy for some.Wikileaks is rather a no-go at the summit, Ulrike Guerot from the European Council on Foreign Relations told this website.But it reflects the history. We are losing the emotional glue with the US. My kids are born after 9/11. They have not experienced a good America,they have only read about them as the bad guys.Russian officials have for their part said the ratification of a Russia-US treaty aimed at reducing nuclear arsenals could be in jeopardy.If they can't do this in the lame-duck session in the next couple of weeks, the chances for ratification by the new Senate will be radically lower,said Konstantin Kosachev, chairman of the International Affairs Committee in the State Duma, as quoted by Wall Street Journal.
Mr Kosachev has asked the Russian parliament to halt its ratification procedure for now, potentially dealing a blow to the Obama administration's reset in Russia-US ties.President Barack Obama has assumed some responsibility for the defeat, acknowledging that the US public is deeply frustrated with the pace of the economic recovery. Facing a divided government, he also said that he will have to work harder to build consensus in Washington.
Chinese leader to parade through Paris ahead of G20 handover
ANDREW WILLIS Today NOV 4,10 @ 09:22 CET
EUOBSERVER / BRUSSELS - Chinese President Hu Jintao will receive a lavish welcome when he touches down in France on Thursday (4 November), with French President Nicolas Sarkozy hoping stronger ties with Beijing can secure the success of France's tenure at the helm of the G20, set to start later this month.The French president is to personally greet Mr Hu at the airport, before returning together to the Elysee through Paris with a contingent of the Republican Guard on horseback.France's G20 ambitions include fighting currency market volatility and trade disagreements, together with successful reform of the world's multilateral institutions such as the IMF. China's increasing economic might means success is strongly linked to keeping Beijing onboard throughout the discussions, with a string of achievements likely to boost Mr Sarkozy's re-election campaign in 2012.For his part, Mr Hu may be keen to use the French visit to stave off bitter discussion over the value of China's currency at this month's G20 leaders' meeting in Seoul.China has shown its willingness to act in the G20 forum but is sensitive to losses in sovereign economic decision making, expressly forbidding any mention of the yuan issue in recent final communiques.Last month's EU-China summit ended in discord following strong argument over the issue. I say to Europe's leaders - don't join the chorus pressing [China] to revalue the yuan, Chinese Premier Wen Jiabao told a business forum taking place in the margins of the political meeting.Others have chimed in. France's presidency must have the patience to listen to everyone, especially on the reform of the global financial system,deputy foreign minister Fu Ying told Le Figaro newspaper ahead of Mr Hu's visit.The three-day official tour is also expected to see a record number of commercial contracts signed, including an anticipated major order for passenger planes for European aircraft maker Airbus.
Relations between the two sides have improved over the past year, following a sharp disagreement in 2008 when Mr Sarkozy met the Dalai Lama, Tibet's spiritual leader. Paris has remained quiet following last month's Nobel peace prize for Chinese democracy activist Liu Xiaobo.Reports suggest that Beijing has embarked on an active campaign to reduce the impact of the Nobel award, with the Chinese Embassy in Oslo sending official letters to a number of European embassies in the Norwegian capital, asking them not to attend the 10 December award ceremony, say unnamed Western diplomats according to AFP.On Friday, Mr Hu will travel to the Mediterranean port town of Nice, where afternoon talks are expected to centre on foreign affairs, including Iran's nuclear ambitions.The following day he will fly to Portugal where the government has welcomed earlier statements expressing Beijing's willingness to buy Portuguese sovereign debt. Similar announcements prior to a Chinese official visit to Greece last month point to Beijing's growing use of its huge foreign currency reserves to buy diplomatic support.Both Portugal and Greece, together with Ireland, are seen as the eurozone's most vulnerable economies.On Wednesday Portugal's parliament passed a crucial austerity budget to cut the country's high debt levels, after the opposition upheld an agreement with the minority government to abstain from voting.
Commissioner envisages robust EU crisis centre
ANDREW RETTMAN 02.11.2010 @ 17:14 CET
EUOBSERVER / BRUSSELS - EU aid commissioner Kristalina Georgieva is keen to set up a 24-hour-a-day disaster-monitoring centre with access to classified information on EU foreign policy and the authority to call in military assets from EU countries where necessary.When I wake up in the morning and open my eyes, the first thing I do is go to the message of the day on my iPad. They keep them short. They use a standard distribution list - all the member states get it, the relevant EU institutions, the Crisis Room. It's very tightly written - events, bullet points. All the information comes from member states or countries beyond the EU. If it's from an outside source, like the UN or Reliefweb, they give the sources, she told EUobserver in a recent interview.Ms Georgieva was speaking after her proposal last week to set up a new European Emergency Response Centre in Brussels to better cope with natural and man-made disasters around the world.Her message of the day is currently written by the duty officer in the commission's Monitoring and Information Centre (MIC), quite likely on his or her laptop at home. The MIC itself is situated in the Avenue de Beaulieu in Brussels, about five kilometres away from Ms Georgieva's office in the main commission building.The new centre is to have a team of duty officers at their desk round the clock and to move next door to Ms Georgieva, possibly in the Crisis Room in the Charlemagne building, once the current Crisis Room officers join the European External Action Service (EEAS) in the Axa building down the road.I like being with my troops, the commissioner said.Unlike the Crisis Room and the EU's Joint Situation Centre (SitCen), which sniff out early signs of conflicts or terrorist attacks, the aid centre's main job will be to create protocols on how to respond to various kinds of disasters, such as earthquakes or bursting dams, and to model how they are likely to unfold once they strike.Ms Georgieva wants the centre to be staffed by EU officials and seconded civil protection experts from EU countries on the model of SitCen and to work closely with the EEAS.
I have been in the Crisis Room and I know how they operate - they have people scanning the newswires, the internet, twitter. Obviously we are not interested in duplicating what is being done somewhere else, so long as we can plug this [new centre] into a well-functioning system, she said. In order to do this, we will need to have the same level of security clearance, otherwise there will be firewalls between their information and ours ... I see objectively the need to lift our security levels to match theirs.Ms Georgieva noted how civil protection and conflict prevention units work in some EU countries as a potential model for the EU set-up.In some member states, the civil protection team have their own crisis room. They monitor the information that is necessary for deployment of their teams and their equipment. But if there is a higher level of emergency, where you deploy civil protection assets but you also deploy other assets, such as the military or intelligence, then the civil protection force plugs into this more comprehensive crisis management structure. They even have rooms where the seating [for each type of officer] is marked out, so if you are from the civil protection side, you know exactly where to sit.The Bulgarian commissioner made it clear that she wants EU countries to put some military assets at her disposal as a last resort. Her office would call on the units to be deployed where necessary, but the EU capitals would retain operational command.When asked by this website if the European Emergency Response Centre will need the services of men and women with guns, she answered: Of course, yes.Ms Georgieva noted that humanitarian organisations and the military are often mistrustful of each other and that badly-deployed troops can create rather than solve problems. If you take a military truck and you paint it white because white trucks don't get attacked, well, what happens next is that white trucks do get attacked and humanitarian workers get killed,she said.She added that, as in Haiti and Pakistan, military assets may be needed to provide relief and security, however.
In Haiti, the US military, European military, Canadian, were deployed massively, appropriately, under UN co-ordination, primarily for logistics, clearing up rubble. But also some security, because here we had a situation where chaos could erupt, the commissioner said.The military has to be included in our thinking on relief operations.
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.
Confusion, fear as Haiti camps evacuate for storm By JONATHAN M. KATZ, Associated Press – Thu Nov 4, 6:56 am ET
PORT-AU-PRINCE, Haiti – For nearly 10 months, more than 1 million people in Haiti's earthquake camps have been walking a precarious line: Trying to get out and find good homes without losing their tents and the possessions they still have.Now a potential hurricane threatens to upend that careful balance. The Haitian government has called for the voluntary evacuation of all the quake zone's camps ahead of Friday's expected arrival of Tropical Storm Tomas, telling residents to find somewhere else to go.People said, We've been displaced before. What's going to happen to us? Are we going to be able to get back? said Bryant Castro, an American Refugee Committee staffer who is managing the nearly 8,000 people at the Corail-Cesselesse relocation camp.Survivors of the devastating Jan. 12 earthquake have fought forced evictions, weathered storms, organized themselves into security committees, and rallied for better services and aid. Now they are being told to leave and few have anywhere to go.The government says there are more than 1,000 shelters available, but the term is loose and can refer to any building expected to stand up to high winds. The U.N. Office for the Coordination of Humanitarian Affairs said there is a need to identify safe public infrastructure for use as potential storm shelters.Painfully slow reconstruction from the quake, prior storms and the recent commitment of government resources to fight a growing cholera epidemic have left people with few options as overtaxed aid workers struggle to help.We are using radio stations to announce to people that if they don't have a place to go, but they have friends and families, they should move into a place that is secure, said civil protection official Nadia Lochard, who oversees the department that includes the capital, Port-au-Prince.Fear and confusion have swept through many of the camps. Tensions boiled over into scuffles Wednesday at Corail when managers tried to explain a planned voluntary evacuation of nearly 8,000 people from ShelterBox tents once promised to be hurricane-resistent.
The tentative plan there, as at several other camps, is to move some people to schools, churches, and other structures such as abandoned prisons. But most of the homeless are being told to seek out friends or family who can take them in.As news of Tomas' predicted pass slowly filtered through Port-au-Prince via wind-up radios and megaphone announcements, unease set in among people who already lost homes and loved ones in the quake and saw their tents ripped apart in lesser storms this year.
The tension is elevated. People are really concerned about their belongings. They're posing a lot of legitimate questions, Castro said.Concerns are even greater in the western reaches of Haiti's southern peninsula, where heavy flooding is predicted.
Disaster officials have extended a red alert, their highest storm warning, to all regions of the country, as the storm is expected to wind its way up the west coast of the island of Hispaniola, which Haiti shares with the Dominican Republic, through storm-vulnerable Gonaives and Haiti's second-largest city, Cap-Haitien, sometime Friday.The U.S. National Hurricane Center in Miami announced a hurricane warning for Haiti and the southeastern Bahamas and Turks and Caicos. A tropical storm warning was issued for Jamaica, along with tropical storm watches for the southern coast of the Dominican Republic and eastern Cuba.Early Thursday, the storm was about 315 miles (510 kilometers) southwest of Port-au-Prince, and about 160 miles (255 kilometers) south-southeast of Kingston, Jamaica. Tomas had maximum sustained winds of 50 mph (85 kph) and was moving north-northwest near 7 mph (11 kph).
Jamaican soldiers would evacuate hundreds of people in the island's eastern region Thursday and move them into emergency shelters ahead of the storm, Information Minister Daryl Vaz said.We will be going all out to make good sense prevail, he said at a news conference Wednesday.Most of the people who will be evacuated are squatters living along unstable gullies that often flood during heavy rainstorms.
Kareen Bennett, a forecaster with Jamaica's Meteorological Service, said heavy rains will lash the eastern region by Friday morning.Jamaica is still struggling to recuperate from floods unleashed by Tropical Storm Nicole in late September that killed at least 13 people and caused an estimated $125 million in damage.People who are still using boats to move about in the island's rural western regions also will be moved to shelters, said Ronald Jackson, of the emergency management office.
Associated Press writer Howard Campbell in Kingston, Jamaica, contributed to this report.
Wednesday, November 03, 2010
STOCKS WED NOV 3,2010
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS WED NOV 03,2010
09:30 AM +1.25
10:00 AM +14.46
10:30 AM +20.62
11:00 AM +2.57
11:30 AM -25.81
12:00 PM -16.12
12:30 PM -21.27
01:00 PM -25.38
01:30 PM -21.04
02:00 PM -14.23
02:30 PM -41.78
03:00 PM +6.06
03:30 PM +10.94
04:00 PM +26.41 11,215.13
S&P 500 1197.96 +4.39
NASDAQ 2540.27 +6.75
GOLD 1,348.60 -8.30
OIL 85.06 +1.16
TSE 300 12,671.10 -10.30
CDNX 1948.64 +6.23
S&P/TSX/60 726.09 -1.37
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +18 points at 4 minutes of trading today.
Dow -36 points at low today.
Dow +31 points at high today so far.
GOLD opens at $1,354.00.OIL opens at $84.33 today.
AFTERNOON,NEWS,STATS
Dow -83 points at low today so far.
Dow +42 points at high today so far.
WRAPUP,NEWS,STATS
Dow -83 points at low today.
Dow +42 points at high today.
GOLD ALLTIME HIGH $1,375.00 (NOT AT CLOSE)
CRUDE OIL +2 MILLION BARRELS
GASOLINE -2.7 MILLION BARRELS
DISTILLATE INVENTORIES -3.6 MILLION BARRELS
REFINERY UTILIZATION
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS WED NOV 03,2010
09:30 AM +1.25
10:00 AM +14.46
10:30 AM +20.62
11:00 AM +2.57
11:30 AM -25.81
12:00 PM -16.12
12:30 PM -21.27
01:00 PM -25.38
01:30 PM -21.04
02:00 PM -14.23
02:30 PM -41.78
03:00 PM +6.06
03:30 PM +10.94
04:00 PM +26.41 11,215.13
S&P 500 1197.96 +4.39
NASDAQ 2540.27 +6.75
GOLD 1,348.60 -8.30
OIL 85.06 +1.16
TSE 300 12,671.10 -10.30
CDNX 1948.64 +6.23
S&P/TSX/60 726.09 -1.37
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +18 points at 4 minutes of trading today.
Dow -36 points at low today.
Dow +31 points at high today so far.
GOLD opens at $1,354.00.OIL opens at $84.33 today.
AFTERNOON,NEWS,STATS
Dow -83 points at low today so far.
Dow +42 points at high today so far.
WRAPUP,NEWS,STATS
Dow -83 points at low today.
Dow +42 points at high today.
GOLD ALLTIME HIGH $1,375.00 (NOT AT CLOSE)
CRUDE OIL +2 MILLION BARRELS
GASOLINE -2.7 MILLION BARRELS
DISTILLATE INVENTORIES -3.6 MILLION BARRELS
REFINERY UTILIZATION
Tuesday, November 02, 2010
THE VOTES NOV 2,2010
TONIGHT AND THE DEMISE OF THE DEMOCRATS HOPEFULLY.AND PEOPLE WITH TRUE CHARACTER AND MORALS HOPEFULLY.(CHRISTIANS)
MID-TERM ELECTIONS TUESDAY NOVEMBER 2,2010
* NOT OFFICIAL YET
7:00PM
GEORGIA
SENATE-JOHNNY ISAKSON (R)
GOVERNOR-NATHAN DEAL (R)
HOUSE 01-JACK KINGSTON (R),02-SANFORD BISHOP (D),03-LYNN WESTMORELAND (R),04-HANK JOHNSON (D),05-JOHN LEWIS (D),06-TOM PRICE (R),07-ROB WOODALL (R),08-AUSTIN SCOTT (R),09-TOM GRAVES (R),10-PAUL BROUN (R),11-PHIL GINGREY (R),12-JOHN BARROW (D),13-DAVID SCOTT (D)
INDIANA
SENATE-DAN COATS (R)
HOUSE 01-PETER VISCLOSKY (D),02-JOE DONNELLY (D),03-MARLIN STUTZMAN (R),04-TODD ROKITA (R),05-DAN BURTON (R),06-MIKE PENCE (R),07-ANDRE CARSON (D),08-LARRY BUCSHON (R),09-TODD YOUNG (R)
KENTUCKY
SENATE-RAND PAUL (R)
HOUSE 01-ED WHITFIELD (R),02-BRETT GITHRIE (R),03-JOHN YARMUTH (D),04-GEOFF DAVIS (R),05-HAL ROGERS (R),06-BEN CHANDLER (D)
SOUTH CAROLINA
SENATE-JIM DEMINT (R)
GOVERNOR-NIKKI HALEY (R)
HOUSE 01-TIM SCOTT (R),02-JOE WILSON (R),03-JEFF DUNCAN (R),04-TREY GOWDY (R),05-MICKEY MULVANEY (R),06-JIM CLYBURN (D)
VERMONT
SENATE-PATRICK LEAHY (D)
GOVERNOR-PETER SHUMLIN (D)*
HOUSE 01-PETER WELCH (D)
VIRGINIA
HOUSE 01-ROBERT WITTMAN (R),02-SCOTT RIGELL (R),03-BOBBY SCOTT (D),04-RANDY FORBES (R),05-ROBERT HURT (R),06-BOB GOODLATTE (R),07-ERIC CANTOR (R),08-JIM MORAN (D),09-MORGAN GRIFFITH (R),10-FRANK WOLF (R),11-GERRY CONNELLY (D)
7:30PM
NORTH CAROLINA
SENATE-RICHARD BURR (R)
HOUSE 01-G.K BUTTERFIELD (D),02-RENEE ELLMERS (R),03-WALTER JONES (R),04-DAVID PRICE (D),05-VIRGINIA FOXX (R),06-HOWARD COBLE (R),07-MIKE MCINTYRE (D),08-LARRY KISSELL (D),09-SUE MYRICK (R),10-PATRICK MCHENRY (R),11-HEATH SHULER (D),12-MEL WATT (D),13-BRAD MILLER (D)
OHIO
SENATE-ROB PORTMAN (R)
GOVERNOR-JOHN KASICH (R)
HOUSE 01-STEVE CHABOT (R),02-JEAN SCHMIDT (R),03-MIKE TURNER (R),04-JIM JORDAN (R),05-BOB LATTA (R),06-BILL JOHNSON (R),07-STEVE AUSTRIA (R),08-JOHN BOEHNER (R),09-MARCY KAPTUR (D),10-DENNIS KUCINICH (D),11-MARCIA FUDGE (D),12-PAT TIBIER (R),13-BETTY SUTTON (D),14-STEVE LATOURETTE (R),15-STEVE STIVERS (R),16-JIM RENACCI (R),17-TIMOTHY RYAN (D),18-BOB GIBBS (R)
WEST VIRGINIA
SENATE-JOE MANCHIN (D)
HOUSE 01-DAVID MCKINLEY (R),02-SHELLEY MOORE CAPITO (R),03-NICK RAHALL (D)
8:00PM
ALABAMA
SENATE-RICHARD SHELBY (R)
GOVERNOR-ROBERT BENTLEY (R)
HOUSE 01-JO BONNER (R),02-MARTHA ROBY (R),03-MIKE ROGERS (R),04-ROBERT ADERHOLT (R),05-MO BROOKS (R),06-SPENCER BACHUS (R),07-TERRI SEWELL (D)
CONNECTICUT
SENATE-RICHARD BLUMENTHAL (D)
GOVERNOR-DAN MALLOY (D)
HOUSE 01-JOHN LARSON (D),02-JOE COURTNEY (D),03-ROSA DELAURO (D),04-JIM HIMES (D),05-CHRIS MURPHY (D)
DELAWARE
SENATE-CHRISTOPHER COONS (D)
HOUSE 01-JOHN CARNEY (D)
FLORIDA
SENATE-MARCO RUBIO (R)
GOVERNOR-RICK SCOTT (R)
HOUSE 01-JEFF MILLER (R),02-STEVE SOUTHERNLAND (R),03-CORRINE BROWN (D),04-ANDER CRENSHAW (R),05-RICHARD NUGENT (R),06-CLIFF STEARNS (R),07-JOHN MICA (R),08-DANIEL WEBSTER (R),09-GUS BILIRAKIS (R),10-BILL YOUNG (R),11-KATHY CASTOR (D),12-DENNIS ROSS (R),13-VERN BUCHANAN (R),14-CONNIE MACK (R),15-BILL POSEY (R),16-TOM ROONEY (R),17-FREDERICA WILSON (D),18-ILEANA ROS-LEHTINEN (R),19-TED DEUTCH (D),20-DEBBIE WASSERMAN (D),21-MARIO DIAZ-BALART (R),22-ALLEN WEST (R),23-ALCEE HASTINGS (D),24-SANDRA ADAMS (R),25-DAVID RIVERA (R)
ILLINOIS
SENATE-MARK KIRK (R)
GOVERNOR-PAT QUINN (D)*
HOUSE 01-BOBBY RUSH (D),02-JESSE JACKSON (D),03-DANIEL LIPINSKI (D),04-LUIS GUTIERREZ (D),05-MIKE QUIGLEY (D),06-PETER ROSKAM (R),07-DANNY DAVIS (D),08-JOE WALSH (R)*,09-JAN SCHAKOWSKY (D),10-ROBERT DOLD (R),11-ADAM KINZINGER (R),12-JERRY COSTELLO (D),13-JUDY BIGGERT (R),14-RANDY HULTGREN (R),15-TIM JOHNSON (R),16-DONALD MANZULLO (R),17-BOBBY SCHILLING (R),18-AARON SCHOCK (R),19-JOHN SHIMKUS (R)
MAINE
GOVERNOR-PAUL LEPAGE (R)*
HOUSE 01-CHELLIE PINGREE (D),02-MIKE MICHAUD (D)
MARYLAND
SENATE-BARBARA MIKULSKI (D)
GOVERNOR-MARTIN O'MALLEY (D)
HOUSE 01-ANDY HARRIS (R),02-DUTCH RUPPERSBERGER (D),03-JOHN SARBANES (D),04-DONNA EDWARDS (D),05-STENY HOYER (D),06-ROSCO BARTLETT (R),07-ELIJAH CUMMINGS (D),08-CHRIS VAN HOLLEN (D)
MASSACHUSETTS
GOVERNOR-DEVAL PATRICK (D)
HOUSE 01-JOHN OLVER (D),02-RICHARD NEAL (D),03-JIM MCGOVERN (D),04-BARNEY FRANK (D),05-NIKI TSONGAS (D),06-JOHN TIERNEY (D),07-ED MARKEY (D),08-MIKE CAPUANO (D),09-STEPHEN LYNCH (D),10-BILL KEATING (D)
MISSISSIPI
HOUSE 01-ALAN NUNNELEE (R),02-BENNIE THOMPSON (D),03-GREGG HARPER (R),04-STEVEN PALAZZO (R)
MISSOURI
SENATE-ROY BLUNT (R)
HOUSE 01-LACY CLAY (D),02-TODD AKIN (R),03-RUSS CARNAHAN (D),04-VICKY HARTZLER (R),05-EMANUEL CLEAVER (D),06-SAM GRAVES (R),07-BILLY LONG (R),08-JO ANN EMERSON (R),09-BLAINE LUETKEMEYER (R)
NEW HAMPSHIRE
SENATE-KELLY AYOTTE (R)
GOVERNOR-JOHN LYNCH (D)
HOUSE 01-FRANK GUINTA (R),02-CHARLIE BASS (R)
NEW JERSEY
HOUSE 01-ROBERT ANDREWS (D),02-FRANK LOBIONDO (R),03-JON RUNYAN (R),04-CHRIS SMITH (R),05-SCOTT GARRETT (R),06-FRANK PALLONE (D),07-LEONARD LANCE (R),08-BILL PASCRELL (D),09-STEVE ROTHMAN (D),10-DONALD PAYNE (D),11-RODNEY FRELINGHUYSEN (R),12-RUSH HOLT (D),13-ALBIO SIRES (D)
OKLAHOMA
SENATE-TOM COBURN (R)
GOVERNOR-MARY FALLIN (R)
HOUSE 01-JOHN SULLIVAN (R),02-DAN BOREN (D),03-FRANK LUCAS (R),04-TOM COLE (R),05-JAMES LANKFORD (R)
PENNSYLVANIA
SENATE-PAT TOOMEY (R)
GOVERNOR-TOM CORBETT (R)
HOUSE 01-ROBERT BRADY (D),02-CHAKA FATTAH (D),03-MIKE KELLY (R),04-JASON ALTMIRE (D),05-GLENN THOMPSON (R),06-JIM GERLACH (R),07-PATRICK MEEHAN (R),08-MICHAEL FITZPATRICK (R),09-BILL SHUSTER (R),10-THOMAS MARINO (R),11-LOU BARLETTA (R),12-MARK CRITZ (D),13-ALLYSON SCHWARTZ (D),14-MIKE DOYLE (D),15-CHARLES DENT (R),16-JOSEPH PITTS (R),17-TIM HOLDEN (D),18-TIM MURPHY (R),19-TODD PLATTS (R)
TENNESSEE
GOVERNOR-BILL HASLAM (R)
HOUSE 01-PHIL ROE (R),02-JOHN DUNCAN (R),03-CHUCK FLEISCHMANN (R),04-SCOTT DESJARLIAS (R),05-JIM COOPER (D),06-DIANE BLACK (R),07-MARSHA BLACKBURN (R),08-STEPHEN FINCHER (R),09-STEVE COHEN (D)
8:30PM
ARKANSAS
SENATE-JOHN BOOZMAN (R)
GOVERNOR-MIKE BEEBE (D)
HOUSE 01-RICK CRAWFORD (R),02-TIM GRIFFIN (R),03-STEVE WOMACK (R),04-MIKE ROSS (D)
9:00PM
COLORADO
SENATE-MICHAEL BENNET (D)*
GOVERNOR-JOHN HICKENLOOPER (D)
HOUSE 01-DIANA DEGETTE (D),02-JARED POLIS (D),03-SCOTT TIPTON (R),04-CORY GARDNER (R),05-DOUG LAMBORN (R),06-MIKE COFFMAN (R),07-ED PERLMUTTER (D)
KANSAS
SENATE-JERRY MORAN (R)
GOVERNOR-SAM BROWNBACK (R)
HOUSE 01-TIM HUELSKAMP (R),02-LYNN JENKINS (R),03-KEVIN YODER (R),04-MIKE POMPEO (R)
LOUISIANA
SENATE-DAVID VITTER (R)
HOUSE 01-STEVE SCALISE (R),02-CEDRIC RICHMOND (D),03-JEFF LANDRY (R),04-JOHN FLEMING (R),05-RODNEY ALEXANDER (R),06-BILL CASSIDY (R),07-CHARLES BOUSTANY (R)
MICHIGAN
GOVERNOR-RICK SNYDER (R)
HOUSE 01-DAN BENISHEK (R),02-BILL HULZENGA (R),03-JUSTIN AMASH (R),04-DAVE CAMP (R),05-DAVE KILDEE (D),06-FRED UPTON (R),07-TIM WALBERG (R),08-MIKE ROGERS (R),09-GARY PETERS (D),10-CANDICE MILLER (R),11-THADDEUS MCCOTTER (R),12-SANDER LEVIN (D),13-HANSEN CLARKE (D),14-JOHN CONYERS (D),15-JOHN DINGELL (D)
MINNESOTA
GOVERNOR-MARK DAYTON (D)
HOUSE 01-TIM WALZ (D),02-JOHN KLINE (R),03-ERIK PAULSEN (R),04-BETTY MCCOLLUM (D),05-KEITH ELLISON (D),06-MICHELE BACHMANN (R),07-COLIN PETERSON (D),08-CHIP CRAVAACK (R)
NEBRASKA
GOVERNOR-DAVE HEINEMAN (R)
HOUSE 01-JEFF FORTENBERRY (R),02-LEE TERRY (R),03-ADRIAN SMITH (R)
NEW MEXICO
GOVERNOR-SUSANA MARTINEZ (R)
HOUSE 01-MARTIN HEINRICH (D),02-STEVE PEARCE (R),03-BEN R LUJAN (D)
NEW YORK
SENATE 01-CHARLES SCHUMER (D),02-KIRSTEN GILLIBRAND (D)
GOVERNOR-ANDREW CUOMO (D)
HOUSE 01-TIMOTHY BISHOP (D),02-STEVE ISRAEL (D),03-PETER KING (R),04-CAROLYN MCCARTHY (D),05-GARY ACKERMAN (D),06-GREGORY MEEKS (D),07-JOSEPH CROWLEY (D),08-JERROLD NADLER (D),09-ANTHONY WEINER (D),10-EDOLPHUS TOWNS (D),11-YVETTE CLARKE (D),12-NYDIA VELAZQUEZ (D),13-MIKE GRIMM (R),14-CAROLYN MALONEY (D),15-CHARLES RANGEL (D)
16-JOSE E SARRANO (D),17-ELIOT ENGEL (D),18-NITA LOWEY (D),19-NAN HAYWORTH (R),20-CHRISTOPHER GIBSON (R),21-PAUL TONKO (D),22-MAURICE HINCHEY (D),23-BILL OWENS (D),24-RICHARD HANNA (R),25-DANIEL MAFFEI (D),26-CHHRISTOPHER LEE (R),27-BRIAN HIGGINS (D),28-LOUISE SLAUGHTER (D),29-THOMAS REED (R)
NORTH DAKOTA
SENATE-JOHN HOEVEN (R)
HOUSE 01-RICK BERG (R)
SOUTH DAKOTA
SENATE-JOHN THUNE (R)
GOVERNOR-DENNIS DAUGAARD (R)
HOUSE 01-KRISTI NOEM (R)
RHODE ISLAND
GOVERNOR-LINCOLN CHAFEE (I)
HOUSE 01-DAVID CICILLINE (D),02-JIM LANGEVIN (D)
TEXAS
GOVERNOR-RICK PERRY (R)
HOUSE 01-LOUIE GOHMERT (R),02-TED POE (R),03-SAM JOHNSON (R),04-RALPH HALL (R),05-JEB HENSARLING (R),06-JOE BARTON (R),07-JOHN CULBERSON (R),08-KEVIN BRADY (R),09-AL GREEN (D),10-MICHAEL MCCAUL (R),11-MIKE CONAWAY (R),12-KAY GRANGER (R),13-MAC THORNBERRY (R),14-RON PAUL (R),15-RUBEN HINOJOSA (D),16-SILVESTRE REYES (D),17-BILL FLORES (R),18-SHEILA JACKSON LEE (D),19-RANDY NEUGEBAUER (R),20-CHARLIE GONZALEZ (D)
21-LAMAR SMITH (R),22-PETE OLSON (R),23-QUICO CANSECO (R),24-KEN MARCHANT (R),25-LLOYD DOGGETT (D),26-MICHAEL BURGESS (R),27-BLAKE FARENTHOLD (R),28-HENRY CUELLAR (D),29-GENE GREEN (D),30-EDDIE BERNICE JOHNSON (D),31-JOHN CARTER (R),32-PETE SESSIONS (R)
WISCONSIN
SENATE-RON JOHNSON (R)
GOVERNOR-SCOTT WALKER (R)
HOUSE 01-PAUL RYAN (R),02-TAMMY BALDWIN (D),03-RON KIND (D),04-GWEN MOORE (D),05-JIM SENSENBRENNER (R),06-TOM PETRI (R),07-SEAN DUFFY (R),08-REID RIBBLE (R)
WYOMING
GOVERNOR-MATT MEAD (R)
HOUSE 01-CYNTHIA LUMMIS (R)
10:00PM
ARIZONA
SENATE-JOHN MCCAIN (R)
GOVERNOR-JAN BREWER (R)
HOUSE 01-PAUL GOSAR (R),02-TRENT FRANKS (R),03-BEN QUAYLE (R),04-ED PASTOR (D),05-DAVID SHWEIKERT (R),06-JEFF FLAKE (R),07-RAUL GRIJALVA (D)*,08-GABRIELLE GIFFORDS (D)*
IOWA
SENATE-CHUCK GRASSLEY (R)
GOVERNOR-TERRY BRANSTAD (R)
HOUSE 01-BRUCE BRALEY (D),02-DAVE LOEBSACK (D),03-LEONARD BOSWELL (D),04-TOM LATHAM (R),05-STEVE KING (R)
MONTANA
HOUSE 01-DENNY REHBERG (R)
NEVADA
SENATE-HARRY REID (D)
GOVERNOR-BRIAN SANDOVAL (R)
HOUSE 01-SHELLEY BERKLEY (D),02-DEAN HELLER (R),03-JOE HECK (R)
UTAH
SENATE-MIKE LEE (R)
GOVERNOR-GARY HERBERT (R)
HOUSE 01-ROB BISHOP (R),02-JIM MATHESON (D),03-JASON CHAFFETZ (R)
11:00PM
CALIFORNIA
SENATE-BARBARA BOXER (D)
GOVERNOR-JERRY BROWN (D)
HOUSE 01-MIKE THOMPSON (D),02-WALLY HERGER (R),03-DAN LUNGREN (R),04-TOM MCCLINTOCK (R),05-DORIS MATSUI (D),06-LYNN WOOLSEY (D),07-GEORGE MILLER (D),08-NANCY PELOSI (D),09-BARBARA LEE (D),10-JOHN GARAMENDI (D),11-JERRY MCNERNEY (D),12-JACKIE SPEIER (D),13-PETE STARK (D),14-ANNA ESHOO (D),15-MIKE HONDA (D),16-ZOE LOFGREN (D),17-SAM FARR (D),18-DENNIS CARDOZA (D),19-JEFF DENHAM (R),20-ANDY VIDAK (R),21-DEVIN NUNES (R),22-KEVIN MCCARTHY (R),23-LOIS CAPPS (D),24-ELTON GALLEGLY (R),25-BUCK MCKEON (R)
26-DAVID DREIER (R),27-BRAD SHERMAN (D),28-HOWARD BERMAN (D),29-ADAM SCHIFF (D),30-HENRY WAXMAN (D),31-XAVIER BECERRA (D),32-JUDY CHU (D),33-KAREN BASS (D),34-LUCILLE ROYBAL-ALLARD (D),35-MAXINE WATERS (D),36-JANE HARMAN (D),37-LAURA RICHARDSON (D),38-GRACE NAPOLITANO (D),39-LINDA SANCHEZ (D),40-ED ROYCE (R),41-JERRY LEWIS (R),42-GARY MILLER (R),43-JOE BACA (D),44-KEN CALVERT (R),45-MARY BONO MACK (R),46-DANA ROHRABACHER (R),47-LORETTA SANCHEZ (D),48-JOHN CAMPBELL (R),49-DARRELL ISSA (R),50-BRIAN BILBRAY (R),51-BOB FILNER (D),52-DUNCAN D HUNTER (R),53-SUSAN DAVIS (D)
IDAHO
SENATE-MIKE CRAPO (R)
GOVERNOR-C.L BUTCH OTTER (R)
HOUSE 01-RAUL LABRADOR (R),02-MIKE SIMPSON (R)
OREGON
SENATE-RON WYDEN (D)
GOVERNOR-CHRIS DUDLEY (R)
HOUSE 01-DAVID WU (D),02-GREG WALDEN (R),03-EARL BLUMENAUER (D),04-PETER DEFAZIO (D),05-KURT SCHRADER (D)
WASHINGTON
SENATE-PATTY MURRAY (D)*
HOUSE 01-JAY INSLEE (D),02-JOHN KOSTER (R),03-JAIME HERRERA (R),04-DOC HASTINGS (R),05-CATHY MCMORRIS RODGERS (R)
06-NORM DICKS (D),07-JIM MCDERMOTT (D),08-DAVE REICHERT (R),09-ADAM SMITH (D)*
12:00AM
HAWAII
SENATE-DANIEL INOUYE (D)
GOVERNOR-NEIL ABERCROMBIE (D)
HOUSE 01-COLLEEN HANABUSA (D),02-MAZIE HIRONO (D)
1:00AM
ALASKA
SENATE-LISA MURKOWSKI (I)
GOVERNOR-SEAN PARNELL (R)
HOUSE 01-DON YOUNG (R)
SENATE (37 SEATS UP FOR GRABS)(51 NEEDED TO WIN)
REPUBLICANS-23-23
DEMOCRATS-38-13
INDEPENDENT-01
GOVERNORS
REPUBLICANS-24
DEMOCRATS-12
INDEPENDENT-01
HOUSE (435 SEATS UP FOR GRABS)(218 NEEDED TO WIN)
REPUBLICANS-243
DEMOCRATS-192
MID-TERM ELECTIONS TUESDAY NOVEMBER 2,2010
* NOT OFFICIAL YET
7:00PM
GEORGIA
SENATE-JOHNNY ISAKSON (R)
GOVERNOR-NATHAN DEAL (R)
HOUSE 01-JACK KINGSTON (R),02-SANFORD BISHOP (D),03-LYNN WESTMORELAND (R),04-HANK JOHNSON (D),05-JOHN LEWIS (D),06-TOM PRICE (R),07-ROB WOODALL (R),08-AUSTIN SCOTT (R),09-TOM GRAVES (R),10-PAUL BROUN (R),11-PHIL GINGREY (R),12-JOHN BARROW (D),13-DAVID SCOTT (D)
INDIANA
SENATE-DAN COATS (R)
HOUSE 01-PETER VISCLOSKY (D),02-JOE DONNELLY (D),03-MARLIN STUTZMAN (R),04-TODD ROKITA (R),05-DAN BURTON (R),06-MIKE PENCE (R),07-ANDRE CARSON (D),08-LARRY BUCSHON (R),09-TODD YOUNG (R)
KENTUCKY
SENATE-RAND PAUL (R)
HOUSE 01-ED WHITFIELD (R),02-BRETT GITHRIE (R),03-JOHN YARMUTH (D),04-GEOFF DAVIS (R),05-HAL ROGERS (R),06-BEN CHANDLER (D)
SOUTH CAROLINA
SENATE-JIM DEMINT (R)
GOVERNOR-NIKKI HALEY (R)
HOUSE 01-TIM SCOTT (R),02-JOE WILSON (R),03-JEFF DUNCAN (R),04-TREY GOWDY (R),05-MICKEY MULVANEY (R),06-JIM CLYBURN (D)
VERMONT
SENATE-PATRICK LEAHY (D)
GOVERNOR-PETER SHUMLIN (D)*
HOUSE 01-PETER WELCH (D)
VIRGINIA
HOUSE 01-ROBERT WITTMAN (R),02-SCOTT RIGELL (R),03-BOBBY SCOTT (D),04-RANDY FORBES (R),05-ROBERT HURT (R),06-BOB GOODLATTE (R),07-ERIC CANTOR (R),08-JIM MORAN (D),09-MORGAN GRIFFITH (R),10-FRANK WOLF (R),11-GERRY CONNELLY (D)
7:30PM
NORTH CAROLINA
SENATE-RICHARD BURR (R)
HOUSE 01-G.K BUTTERFIELD (D),02-RENEE ELLMERS (R),03-WALTER JONES (R),04-DAVID PRICE (D),05-VIRGINIA FOXX (R),06-HOWARD COBLE (R),07-MIKE MCINTYRE (D),08-LARRY KISSELL (D),09-SUE MYRICK (R),10-PATRICK MCHENRY (R),11-HEATH SHULER (D),12-MEL WATT (D),13-BRAD MILLER (D)
OHIO
SENATE-ROB PORTMAN (R)
GOVERNOR-JOHN KASICH (R)
HOUSE 01-STEVE CHABOT (R),02-JEAN SCHMIDT (R),03-MIKE TURNER (R),04-JIM JORDAN (R),05-BOB LATTA (R),06-BILL JOHNSON (R),07-STEVE AUSTRIA (R),08-JOHN BOEHNER (R),09-MARCY KAPTUR (D),10-DENNIS KUCINICH (D),11-MARCIA FUDGE (D),12-PAT TIBIER (R),13-BETTY SUTTON (D),14-STEVE LATOURETTE (R),15-STEVE STIVERS (R),16-JIM RENACCI (R),17-TIMOTHY RYAN (D),18-BOB GIBBS (R)
WEST VIRGINIA
SENATE-JOE MANCHIN (D)
HOUSE 01-DAVID MCKINLEY (R),02-SHELLEY MOORE CAPITO (R),03-NICK RAHALL (D)
8:00PM
ALABAMA
SENATE-RICHARD SHELBY (R)
GOVERNOR-ROBERT BENTLEY (R)
HOUSE 01-JO BONNER (R),02-MARTHA ROBY (R),03-MIKE ROGERS (R),04-ROBERT ADERHOLT (R),05-MO BROOKS (R),06-SPENCER BACHUS (R),07-TERRI SEWELL (D)
CONNECTICUT
SENATE-RICHARD BLUMENTHAL (D)
GOVERNOR-DAN MALLOY (D)
HOUSE 01-JOHN LARSON (D),02-JOE COURTNEY (D),03-ROSA DELAURO (D),04-JIM HIMES (D),05-CHRIS MURPHY (D)
DELAWARE
SENATE-CHRISTOPHER COONS (D)
HOUSE 01-JOHN CARNEY (D)
FLORIDA
SENATE-MARCO RUBIO (R)
GOVERNOR-RICK SCOTT (R)
HOUSE 01-JEFF MILLER (R),02-STEVE SOUTHERNLAND (R),03-CORRINE BROWN (D),04-ANDER CRENSHAW (R),05-RICHARD NUGENT (R),06-CLIFF STEARNS (R),07-JOHN MICA (R),08-DANIEL WEBSTER (R),09-GUS BILIRAKIS (R),10-BILL YOUNG (R),11-KATHY CASTOR (D),12-DENNIS ROSS (R),13-VERN BUCHANAN (R),14-CONNIE MACK (R),15-BILL POSEY (R),16-TOM ROONEY (R),17-FREDERICA WILSON (D),18-ILEANA ROS-LEHTINEN (R),19-TED DEUTCH (D),20-DEBBIE WASSERMAN (D),21-MARIO DIAZ-BALART (R),22-ALLEN WEST (R),23-ALCEE HASTINGS (D),24-SANDRA ADAMS (R),25-DAVID RIVERA (R)
ILLINOIS
SENATE-MARK KIRK (R)
GOVERNOR-PAT QUINN (D)*
HOUSE 01-BOBBY RUSH (D),02-JESSE JACKSON (D),03-DANIEL LIPINSKI (D),04-LUIS GUTIERREZ (D),05-MIKE QUIGLEY (D),06-PETER ROSKAM (R),07-DANNY DAVIS (D),08-JOE WALSH (R)*,09-JAN SCHAKOWSKY (D),10-ROBERT DOLD (R),11-ADAM KINZINGER (R),12-JERRY COSTELLO (D),13-JUDY BIGGERT (R),14-RANDY HULTGREN (R),15-TIM JOHNSON (R),16-DONALD MANZULLO (R),17-BOBBY SCHILLING (R),18-AARON SCHOCK (R),19-JOHN SHIMKUS (R)
MAINE
GOVERNOR-PAUL LEPAGE (R)*
HOUSE 01-CHELLIE PINGREE (D),02-MIKE MICHAUD (D)
MARYLAND
SENATE-BARBARA MIKULSKI (D)
GOVERNOR-MARTIN O'MALLEY (D)
HOUSE 01-ANDY HARRIS (R),02-DUTCH RUPPERSBERGER (D),03-JOHN SARBANES (D),04-DONNA EDWARDS (D),05-STENY HOYER (D),06-ROSCO BARTLETT (R),07-ELIJAH CUMMINGS (D),08-CHRIS VAN HOLLEN (D)
MASSACHUSETTS
GOVERNOR-DEVAL PATRICK (D)
HOUSE 01-JOHN OLVER (D),02-RICHARD NEAL (D),03-JIM MCGOVERN (D),04-BARNEY FRANK (D),05-NIKI TSONGAS (D),06-JOHN TIERNEY (D),07-ED MARKEY (D),08-MIKE CAPUANO (D),09-STEPHEN LYNCH (D),10-BILL KEATING (D)
MISSISSIPI
HOUSE 01-ALAN NUNNELEE (R),02-BENNIE THOMPSON (D),03-GREGG HARPER (R),04-STEVEN PALAZZO (R)
MISSOURI
SENATE-ROY BLUNT (R)
HOUSE 01-LACY CLAY (D),02-TODD AKIN (R),03-RUSS CARNAHAN (D),04-VICKY HARTZLER (R),05-EMANUEL CLEAVER (D),06-SAM GRAVES (R),07-BILLY LONG (R),08-JO ANN EMERSON (R),09-BLAINE LUETKEMEYER (R)
NEW HAMPSHIRE
SENATE-KELLY AYOTTE (R)
GOVERNOR-JOHN LYNCH (D)
HOUSE 01-FRANK GUINTA (R),02-CHARLIE BASS (R)
NEW JERSEY
HOUSE 01-ROBERT ANDREWS (D),02-FRANK LOBIONDO (R),03-JON RUNYAN (R),04-CHRIS SMITH (R),05-SCOTT GARRETT (R),06-FRANK PALLONE (D),07-LEONARD LANCE (R),08-BILL PASCRELL (D),09-STEVE ROTHMAN (D),10-DONALD PAYNE (D),11-RODNEY FRELINGHUYSEN (R),12-RUSH HOLT (D),13-ALBIO SIRES (D)
OKLAHOMA
SENATE-TOM COBURN (R)
GOVERNOR-MARY FALLIN (R)
HOUSE 01-JOHN SULLIVAN (R),02-DAN BOREN (D),03-FRANK LUCAS (R),04-TOM COLE (R),05-JAMES LANKFORD (R)
PENNSYLVANIA
SENATE-PAT TOOMEY (R)
GOVERNOR-TOM CORBETT (R)
HOUSE 01-ROBERT BRADY (D),02-CHAKA FATTAH (D),03-MIKE KELLY (R),04-JASON ALTMIRE (D),05-GLENN THOMPSON (R),06-JIM GERLACH (R),07-PATRICK MEEHAN (R),08-MICHAEL FITZPATRICK (R),09-BILL SHUSTER (R),10-THOMAS MARINO (R),11-LOU BARLETTA (R),12-MARK CRITZ (D),13-ALLYSON SCHWARTZ (D),14-MIKE DOYLE (D),15-CHARLES DENT (R),16-JOSEPH PITTS (R),17-TIM HOLDEN (D),18-TIM MURPHY (R),19-TODD PLATTS (R)
TENNESSEE
GOVERNOR-BILL HASLAM (R)
HOUSE 01-PHIL ROE (R),02-JOHN DUNCAN (R),03-CHUCK FLEISCHMANN (R),04-SCOTT DESJARLIAS (R),05-JIM COOPER (D),06-DIANE BLACK (R),07-MARSHA BLACKBURN (R),08-STEPHEN FINCHER (R),09-STEVE COHEN (D)
8:30PM
ARKANSAS
SENATE-JOHN BOOZMAN (R)
GOVERNOR-MIKE BEEBE (D)
HOUSE 01-RICK CRAWFORD (R),02-TIM GRIFFIN (R),03-STEVE WOMACK (R),04-MIKE ROSS (D)
9:00PM
COLORADO
SENATE-MICHAEL BENNET (D)*
GOVERNOR-JOHN HICKENLOOPER (D)
HOUSE 01-DIANA DEGETTE (D),02-JARED POLIS (D),03-SCOTT TIPTON (R),04-CORY GARDNER (R),05-DOUG LAMBORN (R),06-MIKE COFFMAN (R),07-ED PERLMUTTER (D)
KANSAS
SENATE-JERRY MORAN (R)
GOVERNOR-SAM BROWNBACK (R)
HOUSE 01-TIM HUELSKAMP (R),02-LYNN JENKINS (R),03-KEVIN YODER (R),04-MIKE POMPEO (R)
LOUISIANA
SENATE-DAVID VITTER (R)
HOUSE 01-STEVE SCALISE (R),02-CEDRIC RICHMOND (D),03-JEFF LANDRY (R),04-JOHN FLEMING (R),05-RODNEY ALEXANDER (R),06-BILL CASSIDY (R),07-CHARLES BOUSTANY (R)
MICHIGAN
GOVERNOR-RICK SNYDER (R)
HOUSE 01-DAN BENISHEK (R),02-BILL HULZENGA (R),03-JUSTIN AMASH (R),04-DAVE CAMP (R),05-DAVE KILDEE (D),06-FRED UPTON (R),07-TIM WALBERG (R),08-MIKE ROGERS (R),09-GARY PETERS (D),10-CANDICE MILLER (R),11-THADDEUS MCCOTTER (R),12-SANDER LEVIN (D),13-HANSEN CLARKE (D),14-JOHN CONYERS (D),15-JOHN DINGELL (D)
MINNESOTA
GOVERNOR-MARK DAYTON (D)
HOUSE 01-TIM WALZ (D),02-JOHN KLINE (R),03-ERIK PAULSEN (R),04-BETTY MCCOLLUM (D),05-KEITH ELLISON (D),06-MICHELE BACHMANN (R),07-COLIN PETERSON (D),08-CHIP CRAVAACK (R)
NEBRASKA
GOVERNOR-DAVE HEINEMAN (R)
HOUSE 01-JEFF FORTENBERRY (R),02-LEE TERRY (R),03-ADRIAN SMITH (R)
NEW MEXICO
GOVERNOR-SUSANA MARTINEZ (R)
HOUSE 01-MARTIN HEINRICH (D),02-STEVE PEARCE (R),03-BEN R LUJAN (D)
NEW YORK
SENATE 01-CHARLES SCHUMER (D),02-KIRSTEN GILLIBRAND (D)
GOVERNOR-ANDREW CUOMO (D)
HOUSE 01-TIMOTHY BISHOP (D),02-STEVE ISRAEL (D),03-PETER KING (R),04-CAROLYN MCCARTHY (D),05-GARY ACKERMAN (D),06-GREGORY MEEKS (D),07-JOSEPH CROWLEY (D),08-JERROLD NADLER (D),09-ANTHONY WEINER (D),10-EDOLPHUS TOWNS (D),11-YVETTE CLARKE (D),12-NYDIA VELAZQUEZ (D),13-MIKE GRIMM (R),14-CAROLYN MALONEY (D),15-CHARLES RANGEL (D)
16-JOSE E SARRANO (D),17-ELIOT ENGEL (D),18-NITA LOWEY (D),19-NAN HAYWORTH (R),20-CHRISTOPHER GIBSON (R),21-PAUL TONKO (D),22-MAURICE HINCHEY (D),23-BILL OWENS (D),24-RICHARD HANNA (R),25-DANIEL MAFFEI (D),26-CHHRISTOPHER LEE (R),27-BRIAN HIGGINS (D),28-LOUISE SLAUGHTER (D),29-THOMAS REED (R)
NORTH DAKOTA
SENATE-JOHN HOEVEN (R)
HOUSE 01-RICK BERG (R)
SOUTH DAKOTA
SENATE-JOHN THUNE (R)
GOVERNOR-DENNIS DAUGAARD (R)
HOUSE 01-KRISTI NOEM (R)
RHODE ISLAND
GOVERNOR-LINCOLN CHAFEE (I)
HOUSE 01-DAVID CICILLINE (D),02-JIM LANGEVIN (D)
TEXAS
GOVERNOR-RICK PERRY (R)
HOUSE 01-LOUIE GOHMERT (R),02-TED POE (R),03-SAM JOHNSON (R),04-RALPH HALL (R),05-JEB HENSARLING (R),06-JOE BARTON (R),07-JOHN CULBERSON (R),08-KEVIN BRADY (R),09-AL GREEN (D),10-MICHAEL MCCAUL (R),11-MIKE CONAWAY (R),12-KAY GRANGER (R),13-MAC THORNBERRY (R),14-RON PAUL (R),15-RUBEN HINOJOSA (D),16-SILVESTRE REYES (D),17-BILL FLORES (R),18-SHEILA JACKSON LEE (D),19-RANDY NEUGEBAUER (R),20-CHARLIE GONZALEZ (D)
21-LAMAR SMITH (R),22-PETE OLSON (R),23-QUICO CANSECO (R),24-KEN MARCHANT (R),25-LLOYD DOGGETT (D),26-MICHAEL BURGESS (R),27-BLAKE FARENTHOLD (R),28-HENRY CUELLAR (D),29-GENE GREEN (D),30-EDDIE BERNICE JOHNSON (D),31-JOHN CARTER (R),32-PETE SESSIONS (R)
WISCONSIN
SENATE-RON JOHNSON (R)
GOVERNOR-SCOTT WALKER (R)
HOUSE 01-PAUL RYAN (R),02-TAMMY BALDWIN (D),03-RON KIND (D),04-GWEN MOORE (D),05-JIM SENSENBRENNER (R),06-TOM PETRI (R),07-SEAN DUFFY (R),08-REID RIBBLE (R)
WYOMING
GOVERNOR-MATT MEAD (R)
HOUSE 01-CYNTHIA LUMMIS (R)
10:00PM
ARIZONA
SENATE-JOHN MCCAIN (R)
GOVERNOR-JAN BREWER (R)
HOUSE 01-PAUL GOSAR (R),02-TRENT FRANKS (R),03-BEN QUAYLE (R),04-ED PASTOR (D),05-DAVID SHWEIKERT (R),06-JEFF FLAKE (R),07-RAUL GRIJALVA (D)*,08-GABRIELLE GIFFORDS (D)*
IOWA
SENATE-CHUCK GRASSLEY (R)
GOVERNOR-TERRY BRANSTAD (R)
HOUSE 01-BRUCE BRALEY (D),02-DAVE LOEBSACK (D),03-LEONARD BOSWELL (D),04-TOM LATHAM (R),05-STEVE KING (R)
MONTANA
HOUSE 01-DENNY REHBERG (R)
NEVADA
SENATE-HARRY REID (D)
GOVERNOR-BRIAN SANDOVAL (R)
HOUSE 01-SHELLEY BERKLEY (D),02-DEAN HELLER (R),03-JOE HECK (R)
UTAH
SENATE-MIKE LEE (R)
GOVERNOR-GARY HERBERT (R)
HOUSE 01-ROB BISHOP (R),02-JIM MATHESON (D),03-JASON CHAFFETZ (R)
11:00PM
CALIFORNIA
SENATE-BARBARA BOXER (D)
GOVERNOR-JERRY BROWN (D)
HOUSE 01-MIKE THOMPSON (D),02-WALLY HERGER (R),03-DAN LUNGREN (R),04-TOM MCCLINTOCK (R),05-DORIS MATSUI (D),06-LYNN WOOLSEY (D),07-GEORGE MILLER (D),08-NANCY PELOSI (D),09-BARBARA LEE (D),10-JOHN GARAMENDI (D),11-JERRY MCNERNEY (D),12-JACKIE SPEIER (D),13-PETE STARK (D),14-ANNA ESHOO (D),15-MIKE HONDA (D),16-ZOE LOFGREN (D),17-SAM FARR (D),18-DENNIS CARDOZA (D),19-JEFF DENHAM (R),20-ANDY VIDAK (R),21-DEVIN NUNES (R),22-KEVIN MCCARTHY (R),23-LOIS CAPPS (D),24-ELTON GALLEGLY (R),25-BUCK MCKEON (R)
26-DAVID DREIER (R),27-BRAD SHERMAN (D),28-HOWARD BERMAN (D),29-ADAM SCHIFF (D),30-HENRY WAXMAN (D),31-XAVIER BECERRA (D),32-JUDY CHU (D),33-KAREN BASS (D),34-LUCILLE ROYBAL-ALLARD (D),35-MAXINE WATERS (D),36-JANE HARMAN (D),37-LAURA RICHARDSON (D),38-GRACE NAPOLITANO (D),39-LINDA SANCHEZ (D),40-ED ROYCE (R),41-JERRY LEWIS (R),42-GARY MILLER (R),43-JOE BACA (D),44-KEN CALVERT (R),45-MARY BONO MACK (R),46-DANA ROHRABACHER (R),47-LORETTA SANCHEZ (D),48-JOHN CAMPBELL (R),49-DARRELL ISSA (R),50-BRIAN BILBRAY (R),51-BOB FILNER (D),52-DUNCAN D HUNTER (R),53-SUSAN DAVIS (D)
IDAHO
SENATE-MIKE CRAPO (R)
GOVERNOR-C.L BUTCH OTTER (R)
HOUSE 01-RAUL LABRADOR (R),02-MIKE SIMPSON (R)
OREGON
SENATE-RON WYDEN (D)
GOVERNOR-CHRIS DUDLEY (R)
HOUSE 01-DAVID WU (D),02-GREG WALDEN (R),03-EARL BLUMENAUER (D),04-PETER DEFAZIO (D),05-KURT SCHRADER (D)
WASHINGTON
SENATE-PATTY MURRAY (D)*
HOUSE 01-JAY INSLEE (D),02-JOHN KOSTER (R),03-JAIME HERRERA (R),04-DOC HASTINGS (R),05-CATHY MCMORRIS RODGERS (R)
06-NORM DICKS (D),07-JIM MCDERMOTT (D),08-DAVE REICHERT (R),09-ADAM SMITH (D)*
12:00AM
HAWAII
SENATE-DANIEL INOUYE (D)
GOVERNOR-NEIL ABERCROMBIE (D)
HOUSE 01-COLLEEN HANABUSA (D),02-MAZIE HIRONO (D)
1:00AM
ALASKA
SENATE-LISA MURKOWSKI (I)
GOVERNOR-SEAN PARNELL (R)
HOUSE 01-DON YOUNG (R)
SENATE (37 SEATS UP FOR GRABS)(51 NEEDED TO WIN)
REPUBLICANS-23-23
DEMOCRATS-38-13
INDEPENDENT-01
GOVERNORS
REPUBLICANS-24
DEMOCRATS-12
INDEPENDENT-01
HOUSE (435 SEATS UP FOR GRABS)(218 NEEDED TO WIN)
REPUBLICANS-243
DEMOCRATS-192
ELECTION DAY IN AMERICA SEE WHAT HAPPENS
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS TUE NOV 02,2010
09:30 AM +1.25
10:00 AM +88.89
10:30 AM +72.88
11:00 AM +60.51
11:30 AM +68.04
12:00 PM +64.10
12:30 PM +66.30
01:00 PM +82.68
01:30 PM +77.80
02:00 PM +92.67
02:30 PM +78.52
03:00 PM +75.30
03:30 PM +78.71
04:00 PM +64.10 11,188.72
S&P 500 1193.57 +9.19
NASDAQ 2533.52 +28.68
GOLD 1,356.00 +5.40
OIL 83.87 +0.92
TSE 300 12,681.40 +16.60
CDNX 1942.41 +8.33
S&P/TSX/60 727.46 +0.57
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +80 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +94 points at high today so far.
GOLD opens at $1,356.90.OIL opens at $84.01 today.
AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +94 points at high today so far.
WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +94 points at high today.
GOLD ALLTIME HIGH $1,375.00 (NOT AT CLOSE)
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false
HALF HOUR DOW RESULTS TUE NOV 02,2010
09:30 AM +1.25
10:00 AM +88.89
10:30 AM +72.88
11:00 AM +60.51
11:30 AM +68.04
12:00 PM +64.10
12:30 PM +66.30
01:00 PM +82.68
01:30 PM +77.80
02:00 PM +92.67
02:30 PM +78.52
03:00 PM +75.30
03:30 PM +78.71
04:00 PM +64.10 11,188.72
S&P 500 1193.57 +9.19
NASDAQ 2533.52 +28.68
GOLD 1,356.00 +5.40
OIL 83.87 +0.92
TSE 300 12,681.40 +16.60
CDNX 1942.41 +8.33
S&P/TSX/60 727.46 +0.57
MORNING,NEWS,STATS
YEAR TO DATE PERFORMANCE
Dow +80 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +94 points at high today so far.
GOLD opens at $1,356.90.OIL opens at $84.01 today.
AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +94 points at high today so far.
WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +94 points at high today.
GOLD ALLTIME HIGH $1,375.00 (NOT AT CLOSE)
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