STOCK RESULTS NOV 10,10

JACK VAN IMPE EXPLAINS HOW JERUSALEM 1967 IS THE COUNTDOWN TO THE 52 YEAR LAST GENERATION.THIS GENERATION ENDS AT 2019.MINUS 7 YEARS FOR THE TRIBULATION PERIOD AND JACK SAYS 2012 COULD BE A KEY YEAR IN BIBLE PROPHECY AND THE RAPTURE OF THE CHURCH.JACK MAKES IT CLEAR HES NOT SETTING A DATE OF DEC 21,2012 AS THE BEGINING OF THE TRIBULATION BUT IT FITS INTO THE LAST GENERATION SIGN PERFECTLY.LISTEN TO WEDNESDAY NOVEMBER 10,2010 SHOW HERE.
http://www.thegospel.com/clients/jvim-jack-van-impe-ministries/media.asp

Globalism, Think Tanks, and The New World Order
Brandon Turbeville Activist Post November 10, 2010

While the mainstream media continues to claim that anyone who believes in a North American Union or plans for a One World Government is a delusional conspiracy theorist, it continues to push the agenda of both. Photo: Grant Neufeld.If there is anyone out there who still reads Newsweek you might be particularly interested in picking up a copy of the October 4, 2010 edition. While the cover story focuses on Sarah Palin and Republican women, one of the more interesting features stories is written by Joel Kotkin entitled, The New World Order. In this article, Kotkin argues that Tribal Ties – Race, Ethnicity, and Religion – Are Becoming More Important Than Borders.The first page of the article, contains a color-coded map denoting new regions of the world not defined by contemporary governmental borders but those designated by region, race, and culture.The rest of the article is devoted to a breakdown of the reasoning behind the new borders of which there are 19 new regional governments, 4 city states (London, Paris, Singapore, and Tel Aviv) and 6 Stand-Alone countries (Brazil, France, Greater India, Japan, South Korea, and Switzerland.)

Although attacked as a conspiracy theory for years in the mainstream media, Newsweek’s article places the United States in league with Canada as part of the North American Alliance, suggesting that The U.S. and Canada are joined at the hip in terms of their economies, demographics, and culture.Mexico, however, is not included in this new version of the North American Union as it is lumped in to the Liberalistas region alongside Chile, Colombia, Costa Rica, and Peru. Laughably, the author claims that these states are standard-bearers of democracy and capitalism in Latin America and that their economies are “trying to join the ranks of the fast-growing economies. Of course, anyone with any sense of what goes on beyond their own borders (however temporary they may be) knows that Mexico is not a standard-bearer of anything beyond absolute chaos and poverty.Not surprisingly, Joel Kotkin, the writer of The New World Order, is an adjunct fellow at the Legatum Institute, an international think-tank that researches and advocates for an expansive understanding of global prosperity.(Legatum) It’s website states:The Legatum Institute is unique in its philosophical commitment to human dignity, liberty, and prosperity, its market principles and business approach to addressing global challenges, its integrated understanding of development, governance, and national security, and its willingness to test and implement its findings through real world programs. It forms an intellectual hub for the Legatum group of companies, learning from them and nurturing and protecting the core purposes of the organisation. It is a ‘think tank with teeth’ that contends for good ideas that deliver great consequences.

Couching its goals in flowery language of peace, prosperity, and freedom, the Legatum Institute is nonetheless a globalist organization. Indeed, the Legatum Institute is part of a larger organization called the Legatum Group, which is described by the Guardian as a private global investment organization focused on investing in the international capital markets and the promotion of sustainable development.The Guardian also compiled a list of the Big 10 of think-tanks, and Legatum Institute was solidly among them at position number six.While the mainstream media continues to claim that anyone who believes in a North American Union or plans for a One World Government is a delusional conspiracy theorist, it continues to push the agenda of both. Although doublespeak in the media is nothing new, it is quite significant that so many outlets have begun to mention the erasure of borders and the blending of nations. There can be no doubt that it is time for the American people to wake up and realize that these plans exist and that they are moving forward at a rapid pace.

Works Cited

Kotkin, Joel. The New World Order: Tribal Ties – Race, Ethnicity, And Religion – Are Becoming More Important Than Borders. Newsweek. October 4, 2010.

Kotkin, Joel.The New World Order. http://www.joelkotkin.com/content/00318-new-world-order

Legatum Institute. Home Page. http://www.li.com/

Legatum Institute. Approach.http://www.li.com/approach.aspx

The Legatum Institute.Guardian.co.uk http://www.guardian.co.uk/politics/page/2009/nov/25/3 Accessed September 29, 2010.

AMERICA (POLITICAL BABYLON)

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

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

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

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

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

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

REVELATION 18:9-11,15-21
9 And the kings of the earth, who have committed fornication and lived deliciously with her, shall bewail her, and lament for her, when they shall see the smoke of her burning,(NUKE ATTACK I BELIEVE)
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.
11 And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:
15 The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing,
16 And saying, Alas, alas that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!
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,
18 And cried when they saw the smoke of her burning, saying, What city is like unto this great city!
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.
20 Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.
21 And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all.

US approval of arms pact with Russia looking shaky By DESMOND BUTLER, Associated Press NOV 10,10

WASHINGTON – Senate approval of President Barack Obama's nuclear arms treaty with Russia, which once looked close to a sure thing, is now in jeopardy.The administration is scrambling to get enough Republican support in the Senate to ratify the New START treaty before the Democrats' majority shrinks by six in January. But Republicans have little incentive to give Obama a big political boost after leaving him reeling from their strong gains in last week's congressional elections.A failure to win passage could trip up one of the administration's top foreign policy goals: improving relations with Russia. The treaty, signed in April by Obama and Russian President Dmitry Medvedev, has been the most tangible sign of success, and failure to get it ratified could be viewed as a rebuke in Moscow. It also would leave Obama's push for even greater restrictions on the world's nuclear arsenal in doubt.Some Republicans have argued that the treaty would limit U.S. missile defense options and does not provide adequate procedures to verify that Russia is living up to its terms. Advocates dispute both charges.The Obama administration is worried that ratification could slip out of reach if a vote were to be delayed. Ellen Tauscher, the undersecretary of state for arms control, said this week that the lame-duck session Congress will convene before most newly elected senators take their seats in January could be the administration's last shot.Our last opportunity to do it coming forward is in the lame duck, she said. I think that, frankly, because of the way the numbers are working, it's the best opportunity to do it.Republicans will gain one vote part of the way through the lame-duck session because they won a special election for Obama's former seat in Illinois. That will increase the GOP's Senate numbers temporarily to 42 in the 100-member chamber.Since the election, senior administration officials, including Vice President Joe Biden and Secretary of State Hillary Rodham Clinton, have been pressing the case for ratification with Republican lawmakers. A long list of retired generals and senior statesmen from both parties have expressed support, arguing that that the treaty should be beyond politics.

But its best shot seems to lie in a political deal with one key Republican senator.
Republican Jon Kyl has wielded the most sway in his party on the issue. He has been negotiating with the administration for months and pinning support for the treaty to a boost in funding to modernize the U.S. stockpile of nuclear weapons. A number of his Republican colleagues have said they will follow his lead on the treaty. His approval could push support beyond the 67 votes the administration needs for ratification, although many Republicans still are likely to oppose it.The administration has countered Kyl by warning that the lame-duck session also will be his last chance to get the money he is seeking for the nuclear stockpile because Democrats will not support him next year should the treaty fail.The treaty would reduce the limit on strategic warheads to 1,550 for each country from the current ceiling of 2,200. It also would set up new procedures to allow both countries to inspect each other's arsenals to verify compliance.Treaty advocates have been warning that the United States has not had nuclear inspectors in Russia since December, when a previous treaty expired. They say Republicans who have opposed the treaty are endangering national security by delaying the inspectors' return.Arlen Jameson, a retired Air Force general and former deputy chief of the Strategic Air Command, says a long delay in returning U.S. inspectors could force the U.S. military and intelligence agencies to find other ways to monitor Russian nuclear forces. He said that would involve costly monitoring by satellites that would shift scarce intelligence resources from operations in Iraq and Afghanistan.The needs for overhead monitoring is already under great stress, he said. The expense will not be transparent because it will be not made publicly available, but it will be enormous.

Pentagon can't explain missile off California By PAULINE JELINEK, Associated Press – Tue Nov 9, 10:22 pm ET

WASHINGTON – The Pentagon said Tuesday it did not know what created a vapor trail that crossed the skies off the Southern California coast and resembled a missile launch.Video posted on the CBS News website shows an object flying through the evening sky Monday that left a large contrail, or vapor trail. A news helicopter owned by KCBS, a CBS affiliate in Los Angeles, shot the video.Pentagon officials were stumped by the event. Nobody within the Department of Defense that we've reached out to has been able to explain what this contrail is, where it came from, Pentagon spokesman Col. Dave Lapan said.While the vapor cloud captured on video resembled that created by a rocket in flight, military officials said they didn't know of any launches in the area.One expert called it an optical illusion. It's an airplane that is heading toward the camera and the contrail is illuminated by the setting sun, said John Pike, director of the U.S.-based security analyst group globalsecurity.org.The North American Aerospace Defense Command, or NORAD, issued a statement jointly with the U.S. Northern Command, or NORTHCOM, saying no Department of Defense entities reported a missile launch — scheduled or inadvertent — at the time of the contrail, and no foreign military missile launch was detected.

NORAD said it determined there was no threat to the U.S. homeland.The Federal Aviation Administration ran radar replays from Monday afternoon and they did not reveal any fast-moving, unidentified targets, the statement said. No pilots reported unusual sightings to the FAA.NORTHCOM is the U.S. defense command and NORAD is a U.S.-Canadian organization charged with protecting the U.S. from the threat of missiles or hostile aircraft.Pike said the object could not have been a rocket because it appeared to alter its course.The local station chopped up the video and so it's hard to watch it continuously, Pike said. But at one place you can see it has changed course — rockets don't do that.Pike said he didn't understand why the military had not recognized the contrail of an aircraft. The Air Force must ... understand how contrails are formed, he said. Why they can't get some major out to belabor the obvious, I don't know.Associated Press writers Jeff Wilson and John Antczak in Los Angeles contributed to this report.

EU has big ambitions for Danube region, but no extra funding
VALENTINA POP 08.11.2010 @ 22:19 CET

EUOBSERVER / BRUSSELS – Based on the model of the Baltic Sea Strategy, the EU is about to launch a new macro-regional policy for the 10 countries along the Danube river, but without committing any fresh money for the scheme.I believe that in a few years, this initiative will improve mobility, biodiversity, water quality, flood protection, research and innovation and security, European Commission chief Jose Manuel Barroso said Monday (8 November) in Bucharest at a summit dedicated to the EU's new Danube Strategy.Mr Barroso said that the policy document, which will be presented by the commission in a month's time, will help countries along the river to better co-ordinate the use of existing EU funding, amounting to €95 billion for the period 2007-2013. This can also be complemented by grants and loans from the European Investment Bank and the European Bank for Reconstruction and Development, he added.Yet unlike the Baltic Sea Strategy, which only applies to EU countries, this document will also include non-EU states in the 3,000 km-long river basin: Serbia, Croatia, Moldova and Ukraine – a move which Mr Barroso labelled as an opportunity to create closer and more direct links with the EU, to have direct contacts, to co-operate and prepare their future together.Facilitating naval traffic, cleaning up the highly polluted river and improving regional links through bridges, highways and better train connections are some of the projects likely to be included in the strategy.

For politicians in the crisis-struck region, finding the necessary co-funding and keeping the political commitment alive will be the main challenges for this policy to succeed.It is not easy, after a financial and economic crisis, to find the necessary resources for major infrastructure projects, said Romanian President Traian Basescu as he was hosting the Danube event.The former sea captain saw the development of naval transport as the most important economic dimension of the Danube river, stressing that this area is under-used. With the Danube forming a natural border between Romania and Bulgaria over a stretch of 470 km, Mr Basescu pointed out that there is one single bridge connecting the two countries, with a second one having been under construction for decades. We want to develop tourism, trade and to make life more dynamic on the two river banks. Two more bridges are planned, as well as a new power plant on the Danube, he said.Both neighbours are so far the biggest laggards when it comes to absorbtion of EU structural funds, the largest chunk of the community budget designed to help poorer regions catch up with the rest of the EU. Still, the country would like to see EU funds committed directly to the Danube strategy, similar to regions around the Baltic Sea. We are being realistic and we know that EU rules cannot change until 2014. But from 2014 on, we'll have to be very active, along with other strategies, such as the one for the Baltic Sea, Romanian environment minister Laszlo Borbely said, as quoted by Evenimentul Zilei newspaper.In a 2001 documentary, This is it, Romanian filmmaker Thomas Ciulei portrayed the extreme living conditions of people stuck in the less touristy part of the Danube Delta – a natural reservation home to pelicans and other rare birds. Apart from fishing with broken rods, growing pigs on the barren lands and drinking pure alcohol, there is virtually nothing else to do for the inhabitants of this area.

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 10,2010

09:30 AM -2.43
10:00 AM -54.12
10:30 AM -79.09
11:00 AM -48.63
11:30 AM -61.65
12:00 PM -15.47
12:30 PM -37.77
01:00 PM -28.46
01:30 PM -4.39
02:00 PM -5.87
02:30 PM +9.16
03:00 PM -3.33
03:30 PM +4.43
04:00 PM +10.29 11,357.04

S&P 500 1218.71 +5.31

NASDAQ 2578.78 +15.80

GOLD 1,404.70 -4.40

OIL 88.08 +1.36

TSE 300 12,942.60 +26.00

CDNX 2022.33 +17.30

S&P/TSX/60 742.06 +1.74

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -15 points at 4 minutes of trading today.
Dow -87 points at low today.
Dow +24 points at high today so far.
GOLD opens at $1,396.10.OIL opens at $87.04 today.

AFTERNOON,NEWS,STATS
Dow -87 points at low today so far.
Dow +24 points at high today so far.

WRAPUP,NEWS,STATS
Dow -87 points at low today.
Dow +24 points at high today.

GOLD ALLTIME HIGH $1,423.20 (NOT AT CLOSE)

CRUDE OIL -3.3 MILLION BARRELS
GASOLINE -1.9 MILLION BARRELS
DISTILLATE INVENTORIES -5 MILLION BARRELS
REFINERY UTILIZATION
NATURAL GAS +19 BCF

EU President issues stark warning against nationalism
LEIGH PHILLIPS Today NOV 10,10 @ 09:29 CET

EUOBSERVER / BRUSSELS - EU Council President Herman Van Rompuy has issued a stark warning against growing nationalism, populism and anti-democratic forces across the EU, suggesting that the threat to peace in Europe remains a key issue.We have together to fight the danger of a new euro-scepticism, he said in a speech in Berlin on Tuesday night (9 November).This is no longer the monopoly of a few countries. In every member state, there are people who believe their country can survive alone in the globalised world, he continued.It is more than an illusion: it is a lie! The president was speaking in the German capital on the Schicksalstag, or fateful day, the anniversary of five pivotal events in the nation's history: the fall of the Berlin Wall in 1989 and the fall of the monarchy in 1918, but also the Beer Hall Putsch in 1923, Kristallnacht in 1938 and the execution of a leader of the 1848 revolutions in the German states.Quoting wartime US president Franklin Roosevelt, he said that the biggest enemy of Europe today is fear, and that this ultimately could lead to war.Fear leads to egoism, egoism leads to nationalism, and nationalism leads to war, he said. Today's nationalism is often not a positive feeling of pride of one's own identity, but a negative feeling of apprehension of the others. Fear of 'enemies' within our borders and beyond our borders.It is a feeling all over Europe, not of a majority, but everywhere present.In a wide-ranging speech, alighting on a range of aspects of the current state of the European Union, he cheered the day when the nations of the former Yugoslavia will join.

To those who say that war is so far away in our past that peace cannot be a key issue in Europe anymore, that it does not appeal to the younger generations, I answer: just go out there [to the western Balkans] and ask the people there! And ask the young ones too! Beyond the EU's economic and political structures, he said that Europe needed to look to its heritage, in particular, the values and virtues of Ancient Greece.To keep such European virtues alive, to transmit their age-old qualities to our children and grandchildren, that will be one of the great challenges for the future, he said. We have to be a union of values but also a union of civic virtues.He also touched on the current economic crisis, cheering the recent decision of European leaders to move towards common economic governance.One cannot maintain a monetary unity without an economic union, he said, and went on to salute the courage of EU leaders in imposing austerity measures over the top of popular opposition.I, for one, have really been impressed over the last year by the political courage of our governments. All are taking deeply unpopular measures to reform the economy and their budgets, moreover, at a time of rising populism. Some heads of government do this while being confronted with opposition in parliament, with protest in the streets, with strikes on the workplace - or all of this together - and fully knowing they run a big risk of electoral defeat.And yet they push ahead. If this is not political courage, what is? He also went on to criticise the European Commission's proposals for EU taxes. In October, the EU executive proposed a list of potential EU fund-raising mechanisms in an attempt to reduce the direct contributions national governments make to fund the workings of the bloc.

I do not think that redesigning the way the EU get its revenue is a top priority, he said, adding that the imposition of EU taxation would fall on some countries harder than others and that this would be unfair.The current system reflects as a rule the member states' capacity to pay. Contributions are based on the gross national income and thus seen as fair ... I am personally open to new ideas, but since most alternative sources of income would risk to hit member states unequally, this would weaken the fairness of the current system, its built-in solidarity.He did not however close the door completely on the idea. So let's be prudent, but let's discuss it,he said.

MSNBC G-20,CURRENCY VIDEOS
http://www.cnbc.com/id/15840232?video=1639103982&play=1
http://www.cnbc.com/id/15840232?video=1638973128&play=1
http://www.cnbc.com/id/15840232?video=1638864656&play=1
http://www.cnbc.com/id/15840232?video=1638959401&play=1
http://www.cnbc.com/id/15840232?video=1638630685&play=1
http://www.cnbc.com/id/15840232?video=1637309629&play=1

Gold Sets New Record as QE2 Devalues Fiat Currencies
Kurt Nimmo Infowars.com November 9, 2010

Gold is a safe haven in times of inflation.Last night gold hit a new record in response to the Federal Reserve’s QE2 madness and word by the World Bank it wants an international gold standard. Gold soared from Monday’s finish of $1,390.00 to $1,391.00. It opened at $1,405.50 to $1,406.50 an ounce.The corporate media is abuzz today with news that since the Fed announced its intention to print hundreds of billions of dollars in funny money and spend it on Treasury bonds in a supposed attempt to kick-start the economy, investors have flocked to the precious metals market for shelter. Traders are buying up gold as the Federal Reserve’s $600bn stimulus deal last Wednesday was seen by many as liable to aggravate inflation. Gold is considered a safe haven in times of inflation, reports the Telegraph today.

The price was also nudged higher on speculation that members of the G20 to be held in in Seoul, South Korea, will discuss currency markets.The World Bank statement by Robert Zoellick of the World Bank indicates that the internationalists believe that fiat currencies need some backing in gold to restore confidence, especially as the U.S. dollar’s status as the world’s reserve currency erodes.Gold is an international currency phenomenon. Around the world, people are turning disdainful of their own currencies and everyone else’s. So, where do they turn? They turn to the gold market, Dennis Gartman, a hedge fund manager and publisher of the Gartman Letter, told Reuters.Kitco News reports that gold’s remarkable showing has prompted new trading momentum. There’s a rush to be hedged against inflation as many key commodities also were making highs, George Gero, vice president, Global Futures, RBC Capital Markets, told Kitco. The rollover in gold could be the largest in many years and those who wish to maintain long positions will be buyers of February or other out months and sell December, he added.Because we are in a world of quantitative easing in the developed economies, and as QE is almost synonymous with competitive devaluation … gold and the precious metals (are) taking on the function of an alternative currency,said Ashok Shah, chief investment officer at London and Capital.http://www.youtube.com/watch?v=27CASydbNiI&feature=player_embedded

G20 struggles to cool currency tensions By Zhou Xin And Krittivas Mukherjee – NOV 10,10

SEOUL (Reuters) – G20 negotiators sought to gloss over bitter divisions on global economic policies on Wednesday after a day of heated arguments as their leaders gathered for a summit in Seoul.Deputies clutching mobile phones to their ears shuttled in and out of a hall as they tried to draft a final statement, to be released on Friday, but remained far apart on pivotal issues including currency exchange rates, G20 spokesman Kim Yoon Kyung said.We had to open the door because the debate was so animated and the room was getting hot, he said.An Indian official close to the negotiations said discussions on reducing current account imbalances were picking up after a rocky start.Group of 20 leaders had hoped this week's gathering, the fifth since the financial crisis exploded in 2008, would mark the beginning of a new era of global cooperation. Hosts South Korea printed banners proclaiming a slogan of Shared Growth Beyond Crisis.But the unity forged in crisis has given way to diverging national policies that reflect a multi-speed recovery from the recession, prompting critics to question the effectiveness of the G20 grouping itself.Most major economies are grappling with sub-par growth, leaving them reliant on exports, while emerging powers such as China and Brazil have roared back to pre-recession strength.China's politically contentious trade surplus widened to $27.1 billion in October, more than economists had expected, according to trade figures released on Wednesday. U.S. trade figures, due later on Wednesday, were expected to show a wide gap for September. (For a graphic: http://link.reuters.com/rup64q)The U.S. numbers today should be interesting -- if there is a wider deficit with Beijing, it is sure to step up the pressure on yuan appreciation arguments, said Suresh Kumar Ramanathan, strategist at CIMB bank in Kuala Lumpur.Stubbornly slow growth in the developed world has fueled concern that governments around the world will compete for the stagnating exports market by weakening their currencies.

SHARP CRITICISM

The U.S. Federal Reserve's decision last week to spend another $600 billion buying government bonds has drawn reproaches from four continents and intensified the G20 debate over how best to bolster the recovery and avoid another financial crisis.

Critics charge that the Fed ignored global repercussions -- namely a weaker dollar and a flood of cheap cash that could find its way into emerging markets -- and violated the cooperative spirit the G20 has worked hard to preserve.The criticism has made it harder for Washington to press China to allow its yuan currency to rise faster, a central issue in the global rebalancing effort.Underlining that, a Chinese official who has been helping draft the G20 communique said the leaders should not discuss the yuan or any other currency specifically. The Indian official said the final statement would not single out any currency.However, the yuan rose to a high of 6.6353 against the dollar in the spot market on Wednesday, the highest level since the currency's revaluation in July 2005, after the People's Bank of China fixed a record yuan mid-point.Beijing typically loosens its tight grip on the yuan as a goodwill gesture ahead of political events that apply pressure on China for more yuan appreciation.The United States got some support from close ally Britain. Finance Minister George Osborne said a strong U.S. economy was in the best interest of Asia and the world, echoing comments from President Barack Obama, who was due to arrive in Seoul later on Wednesday.

BLANK SPACES

Kim, the G20 spokesman, said 40 to 50 deputies were crammed into a small room for a 14-hour session on Tuesday, and voices were raised when they discussed a framework for balanced growth that G20 leaders hope will be a cornerstone of the summit. U.N. Secretary-General Ban Ki-moon urged greater G20 cooperation at a critical moment for the world economy. This is a time for unity,he told a news conference in Seoul.
Officials left empty spaces in several sections of what will become the final communique, he said, an acknowledgement they had yet to agree on the language. They reconvened on Wednesday and will continue into Thursday if necessary. Security was tight in Seoul, with police and armed forces on high alert, but there have been no big demonstrations so far. Two small protests, against a free trade deal with the United States, and tax reform in South Korea, were staged on Wednesday morning.
Despite little early progress, G20 negotiators voiced confidence that their leaders would see eye to eye by the end of the summit.You always start with disagreement and end up with a consensus, said one Chinese official.(Additional reporting by David Chance and Nick Macfie; Writing by John Chalmers and Emily Kaiser; Editing by Tomasz Janowski and Alex Richardson)

G20 in war of words on trade as summit nears
by Judith Evans - NOV 10,10

SEOUL (AFP) – Bad blood between the world's 20 biggest rich and emerging nations has spilled over ahead of summit talks starting Thursday on an ill-tempered drive to rebalance the lopsided global economy.Preparatory negotiations for the two-day summit in Seoul grew heated as deputy finance ministers battled over how to redress growth imbalances arising from China's dramatic expansion and America's deficit woes.

Each country was sticking to its original position, Kim Yoon-Kyung, spokesman for South Korea's Group of 20 presidential committee, told reporters after the deputy ministers met for 14 hours on Tuesday.Voices were raised, Kim said. They wouldn't compromise. They actually had to keep the door open because the debate was so heated and we were lacking oxygen.The deputies were meeting anew Wednesday to thrash out the summit communique that will be adopted by leaders including the US and Chinese presidents on Friday.At best, South Korean officials suggested, the G20 may settle for a watered-down deal to task the International Monetary Fund with crafting guidelines to trim the yawning imbalances in world trade.The United States and Europe have long accused China of keeping the yuan grossly undervalued to boost exports.Washington has itself attracted widespread and stinging criticism after the Federal Reserve decided to pump an extra 600 billion dollars into the fragile US economy.Critics including top Chinese officials say this amounts to an effective dollar devaluation, and has the potential to trigger a 1930s-style trade war if other countries respond in kind.We have to be particularly wary of protectionist sentiments, Indian Prime Minister Manmohan Singh, who paid host to US President Barack Obama this week, said in a statement before leaving for Seoul.There are developmental imbalances within and between countries, and rebalancing of the world economy is a major challenge, he said, stressing it was in fast-growing India's best interest to keep trade open.Emerging economies worry that much of the new US money will flood their financial markets in search of higher returns, driving their currencies still higher against the dollar and Chinese yuan to the detriment of their exports.

Germany has been particularly vocal in accusing the United States of itself resorting to Chinese-style tactics. Like China, the eurozone giant has a hefty trade surplus, but says this has nothing to do with any currency chicanery.But launching a staunch defence of the Fed, Obama said in New Delhi Monday that the worst thing that could happen to the world economy, not just ours... is if we end up being stuck with no growth or very limited growth.US critics of Beijing gained fresh ammunition Wednesday when China released trade figures showing its surplus grew year-on-year in October to 27.15 billion dollars. US data later Wednesday are expected to show a trade deficit of about 45 billion dollars, fuelling pressure on Obama a week after the Republicans savaged his Democrats in mid-term elections to Congress.But China has seized the opportunity to turn the tables on Washington in light of the Fed's renewal of a drastic stimulus policy known as quantitative easing.The United States is not aware enough of its obligations on capital markets and has not sufficiently thought about the attacks suffered by emerging economies, China's Vice Finance Minister Zhu Guangyao told reporters Monday. We will have frank discussions with our US colleagues in Seoul, he said, echoing others including German Chancellor Angela Merkel who are alarmed at the direction of US policy.US Treasury Secretary Timothy Geithner struck an optimistic note in India Monday, saying he was very confident you are going to see very strong consensus on a rebalancing plan in Seoul.But any plan looks set to omit a numerical figure, after Geithner's desire to limit current account surpluses or deficits to a target of four percent of GDP was roundly assailed in the G20.UN Secretary-General Ban Ki-moon appealed to the G20 not to forget another part of its summit business -- reformulating aid for the world's poorest nations.The global economic recovery remains fragile, he said in Seoul. The voices of the vulnerable must be heard.With the global summit only a day away union leaders from across the world have urged the G20 to live up to an earlier promise to put quality employment at the heart of recovery measures.More than 220 million people are unemployed around the world, the highest level ever recorded, and an increase of more than 31 million over 2007, Global Unions said in a statement. G20 leaders meeting in Pittsburgh in September 2009 committed to putting quality employment at the heart of the recovery.But (at the last summit) in Toronto we saw leaders step back from that promise,Sharan Burrow, International Trade Union Confederation (ITUC) general secretary, told journalists.

World stocks mostly lower amid economy summits
NOV 10,10

BANGKOK – World markets were mostly lower Wednesday as leaders of the world's major economies converged on Asia for back-to-back summits and Chinese shares faded amid fears of new measures to cool bank lending.Nearly all European indexes were lower following mixed trading in Asia while futures pointed to modest gains on Wall Street. Oil headed toward $87 a barrel again after setting a two-year high the previous day.Meetings of world leaders in South Korea on Thursday and Friday and in Japan on the weekend provided the background to trading.Tensions over currencies and trade gaps are simmering ahead of the Group of 20 and APEC summits as America's move to flood its sluggish economy with $600 billion of cash and weaken the dollar triggers alarm in export-reliant nations from China to Germany.China's trade surplus surging to its second-highest level this year in October underscored the challenges of reforming a world economic order that has for decades centered on the U.S. buying exports from the rest of the world and running huge trade deficits while other nations accumulate vast surpluses.In early European trading, France's CAC-40 was off 0.6 percent at 3,921.66 and Britain's FTSE 100 slipped 0.2 percent to 5,861.97. Germany's DAX shed 0.2 percent to 6,772.22.Wall Street looked set to recover some of the previous day's losses with Dow futures up 7 points, or 0.1 percent, at 11,320.00. Broader S&P futures added 0.9, or 0.1 percent, to 1,211.80.Japan's benchmark Nikkei 225 stock average was the best performer in Asia, closing up 136.03, or 1.4 percent, at 9,830.52 as the dollar rose to near 82 yen, giving exporters some respite from a strong Japanese currency.China's Shanghai Composite Index fell 0.6 percent to 3,115.36 amid a report some banks have been forced to increase their reserves to cool lending as Beijing seeks less torrid and more sustainable economic growth.Investors would rather sell stocks and lock in gains at this moment as there are too many uncertainties in the market, said Peng Yunliang, an analyst at Shanghai Securities.

South Korea's Kospi added 1.1 percent to 1,967.85 and Taiwan's benchmark gained 0.1 percent to 8,450.63.Australia's S&P/ASX 200 fell 0.9 percent to 4,699.80 and Singapore's index shed 0.7 percent to 3,289.91. India's market also fell.On Tuesday, the Dow Jones industrial average fell 0.5 percent to 11,346.75, while the broader Standard & Poor's 500 index slipped 0.8 percent to 1,213.40. The technology-heavy Nasdaq composite index dropped 0.7 percent at 2,562.98.In currencies, the dollar rose to 81.75 yen from 81.69 yen in New York late Tuesday. The euro rose to $1.3797 from $1.3739.Benchmark oil for December delivery was up 20 cents at $86.92 a barrel in electronic trading on the New York Mercantile Exchange. The contract lost 34 cents to settle at $86.72 on Tuesday.AP researcher Ji Chen in Shanghai contributed.

Dollar holds gains, boosts Japan stocks
By Daniel Magnowski NOV 10,10

SINGAPORE (Reuters) – The U.S. dollar rose marginally on Wednesday to hit its highest levels since late October against a basket of major currencies as the euro extended its losses over worries about euro zone sovereign debt.Leading European shares (.FTEU3) fell 0.4 percent in early trade, in step with main Asian markets and Wall Street, after touching 2-year highs in the previous session, while gold and silver inched up again after pulling back from record highs reached on Tuesday.The dollar's strength boosted exporters in Japan, helping to push the Nikkei average up to a four-month high, but stock markets in Hong Kong and China fell after China raised bank reserve requirements. The move by China's central bank fueled worries authorities there may further try to cool the growth on which the world economy depends.The dollar gained as U.S. Treasury bond yields rose, with the impact of the currency move felt across asset classes. The dollar index (.DXY) rose as high as 77.88, a level it last touched in late October.The dollar has gained some traction, said Mitul Kotecha, global head of FX strategy at Credit Agricole CIB in Hong Kong. It seems like a credible bounce back. I don't see it going too far but it shows you how short the market was.The market will look closely at an auction for long-dated Treasury bonds later on Wednesday, which could give clues to the greenback's direction, traders said.The euro fell around 1 percent to $1.3775, with concerns about the cost of protection against Irish and Portuguese government debt continuing to weigh on sentiment.Currency tensions are high on the agenda at this week's G20 summit of advanced and developing economies.

A planning meeting in Seoul on Tuesday on key issues, including exchange rates, ended inconclusively. Another session is scheduled for Wednesday.Asian stocks, which followed Wall Street to fall for a second day, set a bearish tone for European markets. The MSCI index of Asian shares outside of Japan (.MIAPJ0000PUS) fell 0.7 percent.However, the dollar boosted Japan's Nikkei average (.N225) as exporters were among the chief beneficiaries of the currency's rise. The Nikkei firmed 1.4 percent to close at 9,830.5 after trading earlier as high as 9,842, its highest level since June.Japanese banks also pushed the Nikkei higher on hopes they would not be the main focus of global regulators because of their domestic focus. Mizuho Financial Group (8411.T) soared 7.6 percent.Japan's stock market has struggled to break decisively through 9,800 point level, but traders said a clear move beyond resistance at 9,807 may signal the start of a more sustained rally.The July peak had formed resistance for the Nikkei, and if it manages to end the day above the level, more gains will clearly be in order, said Koichi Nosaka, a market analyst at Securities Japan, Inc.

The firmer dollar weighed on dollar-denominated commodities.

Gold traded around $1,400 per ounce, a slight uptick after losing $30 from the record high of $1,424.10 on Tuesday.Spot silver, which hit a record of $30 per ounce on Tuesday, also partially recovered from a selloff, trading around $27.50 per ounce.
U.S. crude futures slipped 21 cents to $86.51 per barrel, backing off a two-year high on Tuesday. (Editing by Miral Fahmy)

Leaders push free trade, seek to smooth spats By ELAINE KURTENBACH, AP Business Writer NOV 10,10

YOKOHAMA, Japan – Intensifying friction over currencies and trade are confronting leaders of major economies as they converge on Asia for back-to-back summits aimed at safeguarding the still fragile global recovery.President Barack Obama and other top leaders were heading to Seoul, South Korea, for a two-day Group of 20 summit with the ambitious agenda of remaking the world economy to help ensure stable growth and prevent a repeat of the financial meltdown in 2008.But that gathering, and a weekend summit of Pacific Rim leaders in the Japanese port city of Yokohama, are taking place as these nations struggle to reconcile conflicting strategies for achieving those aims.G-20 officials — whose countries comprise 85 percent of all economic activity — earlier agreed not to use their currencies as trade weapons. But tensions reignited last week when the U.S. Federal Reserve announced a $600 billion bond buying plan that angered many trading partners.Obama, wrapping up a brief visit to Indonesia after touring India, defended the Fed's move as a way to speed up the narrowing of huge gaps in trade and investment by engineering a weaker U.S. dollar — thus putting pressure on countries with large trade and foreign exchange surpluses.

Other countries complain it may flush cash into their markets in search of higher returns, pushing their currency values higher, squeezing their exporters and inflating bubbles in stocks or other assets that could destabilize their financial systems.The G-20, established in 1999, first convened a leaders summit two years ago and it has since taken on a global leadership role, supplanting the Group of Seven advanced nations as countries like China and India have become economic and political giants in their own right.The goal is to craft a new global economic order to replace one centered on the U.S. running huge trade deficits while countries such as China, Germany and Japan accumulate vast surpluses. One U.S. proposal under debate would set guidelines for when surpluses and deficits in trade or investment may become potentially destabilizing.China announced Wednesday that its trade surplus surged to its second-highest level this year in October, adding to pressure on Beijing over its currency, which the U.S. and other trading partners say is kept artificially weak, making its exports more competitive overseas.Underlining the tensions, a senior Chinese official warned that U.S. lawmakers shouldn't interfere in the spat over Chinese currency policy that U.S. critics say costs American jobs.

If either side chooses a confrontational approach, I think everybody will come out as losers, said Vice Foreign Minister Cui Tiankai, who urged the G-20 not to make China's currency a focus of the meeting. The U.S. House of Representatives passed legislation in September to allow Washington to sanction governments that manipulate their currency for trade advantage.Apart from currency issues and trade gaps, the G-20 leaders are expected to endorse beefing up supervision of large banks and other financial institutions and to voice support for giving developing countries a bigger say in the International Monetary Fund.In Yokohama, trade and foreign ministers of the Asia-Pacific Economic Cooperation forum were mulling how to move toward establishing a Pacific-wide free trade zone that would encompass more than half the world's economic output.We are quite committed to that. We believe that open trade is indispensable to overcome the financial crisis and the economic crisis, Mexican foreign minister Patricia Espinoza said on the sidelines of the meetings.A failure to cooperate, rather than renewed financial woes, is the biggest threat, warned a report issued Wednesday by the Pacific Economic Cooperation Council, an APEC advisory group.Debt troubles in Europe, weak U.S. growth and tensions over trade are clouding the global outlook and contributing to an unprecedented crisis atmosphere, the report said, citing a survey of 422 regional opinion leaders.The report urged APEC to carry though with reforms needed to ensure more balanced, sustainable and equitable growth as the group reviews its progress toward the still unfulfilled goal, set in 1994, of achieving free trade and investment among developed members by 2010.Given their role in driving world growth, APEC's 21 members must carry on with liberalizing trade, Japanese Foreign Minister Seiji Maehara said in opening Wednesday's meetings. The presence of the Asia-Pacific region in the global economy is expanding, so I want to proceed with discussions in order to build an increasingly free trade structure, Maehara said.

APEC is expected to move toward creating a massive trade zone, encompassing 44 percent of global trade, that would include all of its members, according to a draft of the final statement obtained by The Associated Press. Such a regionwide arrangement, dubbed the Free Trade Area of the Asia-Pacific, might help to untangle a slew of bilateral and regional agreements, and by lowering trade barriers could boost growth. A building block of that plan is a U.S.-backed free trade agreement called the Trans-Pacific Partnership. It now includes only four small economies — Brunei, Chile, New Zealand and Singapore — but the U.S., Australia, Malaysia, Vietnam and Peru are in talks to join them. Though such moves could hurt farmers accustomed to protective high tariffs in countries like South Korea and Japan, Tokyo is supporting such initiatives as a way to re-energize its own sluggish economy. In many ways, Japan has fallen behind the wave of freer economy, Japanese Prime Minister Naoto Kan said Tuesday. I think it's time to steer once again toward opening the country.Associated Press writers Kelly Olsen and Foster Klug in Seoul, Malcolm Foster and Jim Gomez in Yokohama and Mari Yamaguchi in Tokyo contributed to this report.

THE WORLD CONTROL SYSTEM OF WORLD GOVERNMENT

REVELATION 17:3,9-10
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.(THIS WORLD GOVERNMENT SYSTEM)
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.(THE VATICAN WILL BE INVOLVED IN THIS BANKING SYSTEM ALSO)
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.

REVELATION 17:12-13
12 And the ten horns (NATIONS-POSSIBLY 10 CENTRAL BANKERS OF 10 WORLD TRADE REGIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.(SOCIALISM)(EU DICTATOR)
13 These have one mind,(SOCIALISM) and shall give their power and strength unto the beast.(EUROPEAN UNION AND ITS DICTATOR)

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE IN HISTORY) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).

REVELATION 13:1
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)

HERES HOW I THINK WILL BE THE WORLD GOVERNMENT SYSTEM SETUP BY THE BANKERS AND CENTRAL BANKERS CONTROLLED BY THE EUROPEAN UNION AND THE VATICAN BY THE BIBLE IMFORMATION.

THE 7 HEADS OF THIS WORLD FINANCIAL SYSTEM.CONTROLLED BY THE EUROPEAN UNION AND THE VATICAN.AND THE BANKERS.

1-IMF
http://www.imf.org/external/index.htm
2-BANK FOR INTERNATIONAL SETTLEMENTS
http://www.bis.org/
3-G-20
http://www.principalglobalindicators.org/default.aspx
4-EUROPEAN CENTRAL BANK
http://www.ecb.int/home/html/index.en.html
5-WORLD BANK
http://www.worldbank.org/
6-UNITED NATIONS TILL IT FOLDS
http://unstats.un.org/unsd/default.htm
7-(OECD)ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPEMENT
http://www.oecd.org/home/

NOW I BELIEVE THE 10 HORNS TO BE 10 WORLD TRADE BLOCS CONTROLLED BY 1 CENTRAL BANK OF EACH REGION.OVERALL CONTROLLED BY THE EUROPEAN UNION AND THE VATICAN.

EUS 10 WORLD REGIONS
http://ec.europa.eu/world/where/index_en.htm

1-A REGION CENTRAL BANK
North America-Canada,United States of America,Mexico.

2-A REGION CENTRAL BANK
Central America and Caribbean-Antigua and Barbuda,Guyana,Bahamas,Haiti,Barbados,Honduras,Belize,Jamaica,Costa Rica,Nicaragua,Cuba,Panama,Dominica Saint-Kitts and Nevis,Dominican Republic Saint-Lucia,El Salvador,Saint-Vincent,Grenada, Suriname,Guatemala,Trinidad and Tobago.

3-A REGION CENTRAL BANK
South America-Argentina,Ecuador,Bolivia,Paraguay,Brazil,Peru,Chile Uruguay,Colombia,Venezuela.

4-A REGION CENTRAL BANK
Western Europe-Andorra,Norway,Iceland,San Marino,Liechtenstein, Switzerland,Monaco,Vatican City.

5-A REGION CENTRAL BANK
Eastern Europe and Central Asia-Albania,Kyrgyz Republic,Armenia, Moldova ,Azerbaijan,Montenegro,Belarus,Russia,Bosnia and Herzegovina,Serbia,
Croatia,Tajikistan former Yugoslav Republic of Macedonia,Turkmenistan,Georgia, Ukraine,Kosovo under UN Resolution,Uzbekistan,Kazakhstan.

6-A REGION CENTRAL BANK
Mediterranean and Middle-East-Algeria,Morocco,Bahrain,Oman,Egypt, Palestinian Territory,Iran,Qatar,Iraq,Saudi Arabia,Israel,Syria,Jordan,Tunisia,
Kuwait,Turkey,Lebanon,United Arab Emirates,Libya,Yemen.

7-A REGION CENTRAL BANK
Africa-Angola,Liberia,Benin,Madagascar,Botswana,Malawi,Burkina Faso, Mali,Burundi,Mauritania,Cameroon,Mauritius,Cape Verde,Mozambique,Central African Republic,Namibia,Chad,Niger,Comoros,Nigeria,Congo (Brazzaville),Rwanda,Congo (Kinshasa) Sao Tome and Principe,Ivory Coast,Senegal,Djibouti,Seychelles,Equatorial Guinea,Sierra Leone,Eritrea,Somalia,Ethiopia,South Africa,Gabon,Sudan,Gambia, Swaziland,Ghana,Tanzania,Guinea,Togo,Guinea- Bissau,Uganda,Kenya,Zambia,Lesotho, Zimbabwe.

8-A REGION CENTRAL BANK
North-East and South Asia-Afghanistan,Korea(South),Bangladesh,Macao SAR,Bhutan,Mongolia,China,Maldives,Hong Kong,SAR,Nepal,India,Pakistan,Japan,Sri Lanka,Korea (North),Taiwan.

9-A REGION CENTRAL BANK
South-East Asia-Brunei,Darussalam,Malaysia,Cambodia,Myanmar (Burma),East Timor,Philippines,Indonesia,Singapore,Laos,Thailand,Vietnam.

10-A REGION CENTRAL BANK
Australia and Pacific-Australia,Niue,Cook Islands,Palau,
Timor-Leste,Papua New Guinea,Fiji,Samoa,Kiribati,Solomon Islands,Marshall Islands, Tonga,Micronesia (Fed. State),Tuvalu,Nauru,Vanuatu,New Zealand.

IF THERES ANY HASSLES WITH THE COUNTRIES AND THEIR CENTRAL BANKS ABOUT THE MICROCHIP IMPLANT SYSTEM.THAT COUNTRY WILL BE SANCTIONED BY THE REGONAL CENTRAL BANK AND THE BIG 7 THE IMF OR THE BANK FOR INTERNATIONAL SETTLEMENTS PLUS THE EUROPEAN UNION.SO WE CAN SEE HOW THIS WILL BE A DICTATORSHIP OF CONTROL FREAKS WHO WILL NOT ALLOW COUNTRIES WHO GO AGAINST THEIR SYSTEM TO SURVIVE AND WAGE WAR AGAINST THOSE COUNTRIES.LIKE THE BIBLE SAYS YOU WILL NOT BE ABLE TO BUY OR SELL IF YOU WILL NOT ACCEPT THE GLOBAL SYSTEM AND THE WORLD EU LEADERS MICROCHIP IMPLANT AS ALLEGIENCE TO HIM AND THIS SYSTEM.AND YOU WILL BE MURDERED FOR REBELLING AGAINST THIS DICTATORIAL CONTROL FREAK GODLESS SYSTEM.OR IF YOU GIVE YOUR ALLEGIENCE TO GOD(JESUS)INSTEAD OF THIS DICTATORSHIP SYSTEM.

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

REVELATION 20:4
4 And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.(THEIR MURDERED FOR NOT ACCEPTING THE EUROPEAN UNIONS MICROCHIP IMPLANT ALLEGIENCE SYSTEM OF GODLESSNESS)

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.

EU DICTATOR (WORLD LEADER)
http://www.youtube.com/watch?v=nnq5cQMiAB8&feature=related
DICK MORRIS-This truly creates a global economic system. From now on, don’t look to Washington for the rule making, look to Brussels.

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

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

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

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

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

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

JOB 24:1-25 (WHAT NEW WORLD ORDER CONTROL FREAKS DO TO US)
1 Why, seeing times are not hidden from the Almighty, do they that know him not see his days?
2 Some remove the landmarks; they violently take away flocks, and feed thereof.
3 They drive away the ass of the fatherless, they take the widow's ox for a pledge.
4 They turn the needy out of the way: the poor of the earth hide themselves together.
5 Behold, as wild asses in the desert, go they forth to their work; rising betimes for a prey: the wilderness yieldeth food for them and for their children.
6 They reap every one his corn in the field: and they gather the vintage of the wicked.
7 They cause the naked to lodge without clothing, that they have no covering in the cold.
8 They are wet with the showers of the mountains, and embrace the rock for want of a shelter.
9 They pluck the fatherless from the breast, and take a pledge of the poor.
10 They cause him to go naked without clothing, and they take away the sheaf from the hungry;
11 Which make oil within their walls, and tread their winepresses, and suffer thirst.
12 Men groan from out of the city, and the soul of the wounded crieth out: yet God layeth not folly to them.
13 They are of those that rebel against the light; they know not the ways thereof, nor abide in the paths thereof.
14 The murderer rising with the light killeth the poor and needy, and in the night is as a thief.
15 The eye also of the adulterer waiteth for the twilight, saying, No eye shall see me: and disguiseth his face.
16 In the dark they dig through houses, which they had marked for themselves in the daytime: they know not the light.
17 For the morning is to them even as the shadow of death: if one know them, they are in the terrors of the shadow of death.
18 He is swift as the waters; their portion is cursed in the earth: he beholdeth not the way of the vineyards.
19 Drought and heat consume the snow waters: so doth the grave those which have sinned.
20 The womb shall forget him; the worm shall feed sweetly on him; he shall be no more remembered; and wickedness shall be broken as a tree.
21 He evil entreateth the barren that beareth not: and doeth not good to the widow.
22 He draweth also the mighty with his power: he riseth up, and no man is sure of life.
23 Though it be given him to be in safety, whereon he resteth; yet his eyes are upon their ways.
24 They are exalted for a little while, but are gone and brought low; they are taken out of the way as all other, and cut off as the tops of the ears of corn.
25 And if it be not so now, who will make me a liar, and make my speech nothing worth?

WORLD GOVERNMENT
http://www.youtube.com/watch?v=nnq5cQMiAB8&feature=related
http://britanniaradio.blogspot.com/2009/07/we-are-already-under-global-government.html#links
DICK MORRIS-This truly creates a global economic system. From now on, don’t look to Washington for the rule making, look to Brussels.
LORD MONCKTON ON WORLD GOVERNMENT
http://www.youtube.com/watch?v=kHyMYEzRyf8&feature=player_embedded
http://www.youtube.com/watch?v=dUUcb36a_4I&feature=player_embedded
http://www.youtube.com/watch?v=rA0xEM1KwG4&feature=player_embedded
http://www.youtube.com/watch?v=-7o1S4m5mCw&feature=player_embedded
http://www.youtube.com/watch?v=ieC7HYC5cto&feature=player_embedded

EPHESIANS 6:10-13
10 Finally, my brethren, be strong in the Lord, and in the power of his might.
11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but against principalities,(DEMONIC ANGELS IN HIGH PLACES) against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.(SPIRTIUAL DEMONIC PERSONS)
13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

LUKE 4:5-7(BECAUSE SATAN OFFERS WORLD POWER, WORLD ORDERERS HAVE ACCEPTED SATANS GIFT)
5 And the devil, taking him (JESUS) up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time.
6 And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.
7 If thou therefore wilt worship me, all shall be thine.

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

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

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

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

We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.James Paul Warburg appearing before the Senate on 7th February 1950

Like a famous WWII Belgian General,Paul Henry Spock said in 1957:We need no commission, we have already too many. What we need is a man who is great enough to be able to keep all the people in subjection to himself and to lift us out of the economic bog into which we threaten to sink. Send us such a man. Be he a god or a devil, we will accept him.And today, sadly, the world is indeed ready for such a man.

The New World Order By Joel KotkinNovember 04 2010
Appearing in: Newsweek

Tribal ties—race, ethnicity, and religion—are becoming more important than borders.

For centuries we have used maps to delineate borders that have been defined by politics. But it may be time to chuck many of our notions about how humanity organizes itself. Across the world a resurgence of tribal ties is creating more complex global alliances. Where once diplomacy defined borders, now history, race, ethnicity, religion, and culture are dividing humanity into dynamic new groupings.

Broad concepts—green, socialist, or market-capitalist ideology—may animate cosmopolitan elites, but they generally do not motivate most people. Instead, the tribe is valued far more than any universal ideology. As the great Arab historian Ibn Khaldun observed: Only Tribes held together by a group feeling can survive in a desert.Although tribal connections are as old as history, political upheaval and globalization are magnifying their impact. The world’s new contours began to emerge with the end of the Cold War. Maps designating separate blocs aligned to the United States or the Soviet Union were suddenly irrelevant. More recently, the notion of a united Third World has been supplanted by the rise of China and India. And newer concepts like the BRIC nations (Brazil, Russia, India, and China) are undermined by the fact that these countries have vastly different histories and cultures.The borders of this new world will remain protean, subject to change over time. Some places do not fit easily into wide categories—take that peculiar place called France—so we’ve defined them as Stand-Alones. And there are the successors to the great city-states of the Renaissance—places like London and Singapore. What unites them all are ties defined by affinity, not geography.

1. New Hansa
Denmark, Finland, Germany, Netherlands, Norway, Sweden

In the 13th century, an alliance of Northern European towns called the Hanseatic League created what historian Fernand Braudel called a “common civilization created by trading.” Today’s expanded list of Hansa states share Germanic cultural roots, and they have found their niche by selling high-value goods to developed nations, as well as to burgeoning markets in Russia, China, and India. Widely admired for their generous welfare systems, most of these countries have liberalized their economies in recent years. They account for six of the top eight countries on the Legatum Prosperity Index and boast some of the world’s highest savings rates (25 percent or more), as well as impressive levels of employment, education, and technological innovation.

2. The Border Areas
Belgium, Czech Republic, Estonia, Hungary, Iceland, Ireland, Latvia, Lithuania, Poland, Romania, Slovakia, U.K.

These countries are seeking to find their place in the new tribal world. Many of them, including Romania and Belgium, are a cultural mishmash. They can be volatile; Ireland has gone from being a Celtic tiger to a financial basket case. In the past, these states were often overrun by the armies of powerful neighbors; in the future, they may be fighting for their autonomy against competing zones of influence.

3. Olive Republics
Bulgaria, Croatia, Greece, Italy, Kosovo, Macedonia, Montenegro, Portugal, Slovenia, Spain

With roots in Greek and Roman antiquity, these lands of olives and wine lag behind their Nordic counterparts in virtually every category: poverty rates are almost twice as high, labor participation is 10 to 20 percent lower. Almost all the Olive Republics—led by Greece, Spain, and Portugal—have huge government debt compared with most Hansa countries. They also have among the lowest birthrates: Italy is vying with Japan to be the country with the world’s oldest population.

4. City-States
London

It’s a center for finance and media, but London may be best understood as a world-class city in a second-rate country.

Paris

Accounts for nearly 25 percent of France’s GDP and is home to many of its global companies. It’s not as important as London, but there will always be a market for this most beautiful of cities.

Singapore

In a world increasingly shaped by Asia, its location between the Pacific and Indian oceans may be the best on the planet. With one of the world’s great ports, and high levels of income and education, it is a great urban success story.

Tel Aviv

While much of nationalist-religious Israel is a heavily guarded borderland, Tel Aviv is a secular city with a burgeoning economy. It accounts for the majority of Israel’s high-tech exports; its per capita income is estimated to be 50 percent above the national average, and four of Israel’s nine billionaires live in the city or its suburbs.

5. North American Alliance
Canada, United States

These two countries are joined at the hip in terms of their economies, demographics, and culture, with each easily being the other’s largest trade partner. Many pundits see this vast region in the grip of inexorable decline. They’re wrong, at least for now. North America boasts many world-class cities, led by New York; the world’s largest high-tech economy; the most agricultural production; and four times as much fresh water per capita as either Europe or Asia.

6. Liberalistas
Chile, Colombia, Costa Rica, Mexico, Peru

These countries are the standard--bearers of democracy and capitalism in Latin America. Still suffering low household income and high poverty rates, they are trying to join the ranks of the fast-growing economies, such as China’s. But the notion of breaking with the U.S.—the traditionally dominant economic force in the region—would seem improbable for some of them, notably Mexico, with its close geographic and ethnic ties. Yet the future of these economies is uncertain; will they become more state--oriented or pursue economic liberalism?

7. Bolivarian Republics
Argentina, Bolivia, Cuba, Ecuador, Nicaragua, Venezuela

Led by Venezuela’s Hugo Chávez, large parts of Latin America are swinging back toward dictatorship and following the pattern of Peronism, with its historical antipathy toward America and capitalism. The Chávez-influenced states are largely poor; the percentage of people living in poverty is more than 60 percent in Bolivia. With their anti-gringo mindset, mineral wealth, and energy reserves, they are tempting targets for rising powers like China and Russia.

8. Stand-Alones
Brazil

South America’s largest economy, Brazil straddles the ground between the Bolivarians and the liberal republics of the region. Its resources, including offshore oil, and industrial prowess make it a second-tier superpower (after North America, Greater India, and the Middle Kingdom). But huge social problems, notably crime and poverty, fester. Brazil recently has edged away from its embrace of North America and sought out new allies, notably China and Iran.

France

France remains an advanced, cultured place that tries to resist Anglo-American culture and the shrinking relevance of the EU. No longer a great power, it is more consequential than an Olive Republic but not as strong as the Hansa.

Greater India

India has one of the world’s fastest-growing economies, but its household income remains roughly a third less than that of China. At least a quarter of its 1.3 billion people live in poverty, and its growing megacities, notably Mumbai and Kolkata, are home to some of the world’s largest slums. But it’s also forging ahead in everything from auto manufacturing to software production.

Japan

With its financial resources and engineering savvy, Japan remains a world power. But it has been replaced by China as the world’s No. 2 economy. In part because of its resistance to immigration, by 2050 upwards of 35 percent of the population could be over 60. At the same time, its technological edge is being eroded by South Korea, China, India, and the U.S.

South Korea

South Korea has become a true technological power. Forty years ago its per capita income was roughly comparable to that of Ghana; today it is 15 times larger, and Korean median household income is roughly the same as Japan’s. It has bounced back brilliantly from the global recession but must be careful to avoid being sucked into the engines of an expanding China.

Switzerland

It’s essentially a city-state connected to the world not by sea lanes but by wire transfers and airplanes. It enjoys prosperity, ample water supplies, and an excellent business climate.

9. Russian Empire
Armenia, Belarus, Moldova, Russian Federation, Ukraine

Russia has enormous natural resources, considerable scientific-technological capacity, and a powerful military. As China waxes, Russia is trying to assert itself in Ukraine, Georgia, and Central Asia. Like the old tsarist version, the new Russian empire relies on the strong ties of the Russian Slavic identity, an ethnic group that accounts for roughly four fifths of its 140 million people. It is a middling country in terms of household income—roughly half of Italy’s—and also faces a rapidly aging population.

10. The Wild East
Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan

This part of the world will remain a center of contention between competing regions, including China, India, Turkey, Russia, and North America.

11. Iranistan
Bahrain, Gaza Strip, Iran, Iraq, Lebanon, Syria

With oil reserves, relatively high levels of education, and an economy roughly the size of Turkey’s, Iran should be a rising superpower. But its full influence has been curbed by its extremist ideology, which conflicts not only with Western countries but also with Greater Arabia. A poorly managed economy has turned the region into a net importer of consumer goods, high-tech equipment, food, and even refined petroleum.

12. Greater Arabia
Egypt, Jordan, Kuwait, Palestinian Territories, Saudi Arabia, United Arab Emirates, Yemen

This region’s oil resources make it a key political and financial player. But there’s a huge gap between the Persian Gulf states like Saudi Arabia and the United Arab Emirates and the more impoverished states. Abu Dhabi has a per capita income of roughly $40,000, while Yemen suffers along with as little as 5 percent of that number. A powerful cultural bond—religion and race—ties this area together but makes relations with the rest of the world problematic.

13. The New Ottomans
Turkey, Turkmenistan, Uzbekistan

Turkey epitomizes the current reversion to tribe, focusing less on Europe than on its eastern front. Although ties to the EU remain its economic linchpin, the country has shifted economic and foreign policy toward its old Ottoman holdings in the Mideast and ethnic brethren in Central Asia. Trade with both Russia and China is also on the rise.

14. South African Empire
Botswana, Lesotho, Namibia, South Africa, Swaziland, Zimbabwe

South Africa’s economy is by far the largest and most diversified in Africa. It has good infrastructure, mineral resources, fertile land, and a strong industrial base. Per capita income of $10,000 makes it relatively wealthy by African standards. It has strong cultural ties with its neighbors, Lesotho, Botswana, and Namibia, which are also primarily Christian.

15. Sub-Saharan Africa
Angola, Cameroon, Central African Republic, Congo-Kinshasa, Ethiopia, Ghana, Kenya, Liberia, Malawi, Mali, Mozambique, Nigeria, Senegal, Sierra Leone, Sudan, Tanzania, Togo, Uganda, Zambia

Mostly former British or French colonies, these countries are divided between Muslim and Christian, French and English speakers, and lack cultural cohesion. A combination of natural resources and poverty rates of 70 or 80 percent all but assure that cash-rich players like China, India, and North America will seek to exploit the region.

16. Maghrebian Belt
Algeria, Libya, Mauritania, Morocco, Tunisia

In this region, spanning the African coast of the Mediterranean, there are glimmers of progress in relatively affluent countries like Libya and Tunisia. But they sit amid great concentrations of poverty.

17. Middle Kingdom
China, Hong Kong, Taiwan

China may not, as the IMF recently predicted, pass the U.S. in GDP within a decade or so, but it’s undoubtedly the world’s emerging superpower. Its ethnic solidarity and sense of historical superiority remain remarkable. Han Chinese account for more than 90 percent of the population and constitute the world’s single largest racial-cultural group. This national cultural cohesion, many foreign companies are learning, makes penetrating this huge market even more difficult. China’s growing need for resources can be seen in its economic expansion in Africa, the Bolivarian Republics, and the Wild East. Its problems, however, are legion: a deeply authoritarian regime, a growing gulf between rich and poor, and environmental degradation. Its population is rapidly aging, which looms as a major problem over the next 30 years.

18. The Rubber Belt
Cambodia, Indonesia, Laos, Malaysia, Philippines, Thailand, Vietnam

These countries are rich in minerals, fresh water, rubber, and a variety of foodstuffs but suffer varying degrees of political instability. All are trying to industrialize and diversify their economies. Apart from Malaysia, household incomes remain relatively low, but these states could emerge as the next high-growth region.

19. Lucky Countries
Australia, New Zealand

Household incomes are similar to those in North America, although these economies are far less diversified. Immigration and a common Anglo-Saxon heritage tie them culturally to North America and the United Kingdom. But location and commodity-based economies mean China and perhaps India are likely to be dominant trading partners in the future.

This article originally appeared in Newsweek.

Legatum Institute provided research for this article.

Joel Kotkin is executive editor of NewGeography.com and is a distinguished presidential fellow in urban futures at Chapman University and an adjunct fellow with the Legatum Institute in London. He is author of The City: A Global History. His newest book is The Next Hundred Million: America in 2050, released in February, 2010.

BANK FOR INTERNATIONAL SETTLEMENTS SPEECH
http://www.bis.org/speeches/sp101109.pdf
JOHN-CLAUDE TRICHET Q&A-SPEECH-ECB
http://www.ecb.int/press/pressconf/2010/html/is101104.en.html
http://www.ecb.int/press/pressconf/2010/html/is101104.en.html#qa
G-20 FINANCE MINISTERS-CENTRAL BANKERS MEETING OCT 23,10
http://www.g20.org/Documents/201010_communique_gyeongju.pdf
http://www.imf.org/external/np/tr/2010/tr102310.htm

IMF GOVERNANCE REFORM - IMF Board Approves Far-Reaching Governance Reforms
IMF Survey online November 5, 2010

-Significant shift of voting power to dynamic emerging markets, developing countries
-Reforms will lead to all-elected, more representative Executive Board
-IMF quotas to double to about $755 billion

The IMF’s Executive Board has approved far-reaching reforms of the way the IMF is run, a week before the Leaders of the Group of Twenty (G-20) industrialized and emerging market economies are due to meet in Seoul, Korea, to discuss how best to strengthen the global recovery.Taken together, it’s a big shift in quotas and accordingly in voting power. It’s a very important increase in the voice and representation of the emerging market and developing countries ... it is a historical reform of the IMF, Strauss-Kahn told journalists at a press conference immediately following the Board’s decision.It means we now have the top 10 shareholders that really represent the top 10 countries in the world, namely the United States, Japan, the four main European countries, and the four BRICs. The ranking of the countries is now really the ranking they have in the global economy,” he said.

More voting power to dynamic emerging markets and developing countries

The core of the reforms will be a doubling of IMF quotas that will produce a shift of 6 percent of quota shares to the dynamic emerging market and developing countries. One-half of the shift comes from advanced economies, mostly European advanced economies, but the United States also played a part. One third comes from oil producers, countries like Saudi Arabia for instance. So altogether, 80 percent of the shift comes from advanced countries and oil producers, Strauss-Kahn said. Only 20 percent comes from other emerging countries, he added. The bottom line is that 110 countries out of 187 will see their quota share increased or maintained. When you look at who those 110 are, you have 102 which are emerging or developing countries. That gives a clear picture of what has happened,he said.

The 10 largest members of the Fund will now consist of the United States, Japan, the four largest European economies (France, Germany, Italy, and the United Kingdom) and Brazil, China, India, and the Russian Federation (the BRICs; see box).

Quota and governance reforms: key facts
• All BRIC countries will be top 10 IMF shareholders
• More than 6 percent shift in quota share to dynamic emerging market and developing countries
• Voice of poorest countries maintained by preserving their voting shares.

So who pays for the shift?

• The bulk of the shift—about 80 per cent—comes from a reduction in the shares of advanced economies and some oil producers
• 110 countries will gain or maintain quota share, of which 102 are emerging market and developing countries.

Once reforms in place, rebalancing to be mirrored in IMF’s Executive Board

• Advanced European economies will hold two fewer seats
• All Executive Directors will be elected.

In addition, the voice of the poorest developing nations within the IMF will be maintained by preserving their voting shares. We needed to do this while maintaining the quotas of the poorest countries because when you organize something that is more in line with the economic weight of countries, there is always a risk that the small countries, the poor countries, will almost disappear in the process. So we had given ourselves this constraint that the poorest countries should be protected, and they have been,Strauss-Kahn said.

A more legitimate and democratic Board

Once all the reforms are in place, this rebalancing will be mirrored in the IMF Executive Board. There will be two fewer seats for advanced European countries. They have agreed to do it, agreed to the metric to do it, and the timetable. When this will be completed, there will be two more emerging countries in the Board which will just reflect the change in quotas, Strauss-Kahn said. As part of the agreement, all Executive Directors will also be elected. The Executive Board endorsed a timeline that calls for the quota increase and realignments to take effect by the IMF-World Bank Annual Meetings in October 2012, and Executive Board reforms to be implemented no later than the subsequent Board election, which is scheduled in late 2012.It was also agreed that the composition of the Board will be reviewed every eight years, starting when the quota reform takes effect. The composition was last changed in 1992, when the Board was expanded from 20 to 24 members to accommodate the influx of new member countries following the fall of the Soviet Union.

Doubling of quotas

Member countries’ quotas, the IMF’s principal source of financial resources, will double under the 14th General Review of Quotas to SDR 476.8 billion (about $755.7 billion at current exchange rates) from SDR 238.4 billion agreed under the 2008 quota and voice reform. As part of the agreement, the New Arrangements to Borrow (NAB), a backstop arrangement between the IMF and a group of IMF members to provide additional lending resources to the Fund, will be rolled back.The Board also agreed that a new formula for calculating quotas should be decided by January 2013, and that the next quota review should be completed by January 2014, two years ahead of schedule.The Board of Governors, the IMF’s highest decision-making body, must ratify the new agreement by an 85 percent majority of votes cast before it comes into effect.

JERUSALEM 7TH TOP WORLD TOURIST CITY

AMERICA (POLITICAL BABYLON)

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

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

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

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

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

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

REVELATION 18:9-11,15-21
9 And the kings of the earth, who have committed fornication and lived deliciously with her, shall bewail her, and lament for her, when they shall see the smoke of her burning,(NUKE ATTACK I BELIEVE)
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.
11 And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:
15 The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing,
16 And saying, Alas, alas that great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!
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,
18 And cried when they saw the smoke of her burning, saying, What city is like unto this great city!
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.
20 Rejoice over her, thou heaven, and ye holy apostles and prophets; for God hath avenged you on her.
21 And a mighty angel took up a stone like a great millstone, and cast it into the sea, saying, Thus with violence shall that great city Babylon be thrown down, and shall be found no more at all.

WHO SHOT OFF THE MYSTEROUS CALIFORNIA MISSLE.WAS IT RUSSIA.REMEMBER AMERICA GOD I BELIEVE HAS TAKIN HIS HEDGE OF PROTECTION OFF AMERICA DUE TO SIN AND GODLESSNESS SO THIS WOULD NOT SURPRISE ME IF THIS WAS A TEST FOR RUSSIA FOR THE FUTURE SNEAK NUKE ATTACK TO SEE IF A SNEAK ATTACK WILL WORK.

Pentagon can't explain missile off California By PAULINE JELINEK, Associated Press 1:10PM NOV 9,10

WASHINGTON – The Pentagon Tuesday said it was trying to determine if a missile was launched Monday off the coast of Southern California and who might have launched it.

Spokesmen for the Navy, Air Force, Defense Department and North American Aerospace Defense Command said they were looking into a video posted on the CBS News website that appears to show a rocket or some other object shooting up into the sky and leaving a large contrail over the Pacific Ocean.The video was shot by a KCBS helicopter, the station said Tuesday.Nobody within the Department of Defense that we've reached out to has been able to explain what this contrail is, where it came from, Pentagon spokesman Col. Dave Lapan said. So far, we've come up empty with any explanation.Lapan said officials are talking to the Air Force, Navy and NORAD as well as civilian authorities who control and monitor air space.Right now, all indications are that there was not (Department of Defense) involvement in this, Lapan said, adding that some object might have been launched by a private company.

Officials had no information to make them suspect that the action was taken by any U.S. adversary.At this point, until we know more information about what it may have been, there is not alarm,Lapan said.But that could change depending on what we find out.Associated Press writer Jeff Wilson contributed to this report from Los Angeles.

BODY SCANNING IN AIRLINES GROPING CALLS ON JONES YESTERDAY MON NOV 8,10,SUN NOV 7,10
ALEX JONES WEEKLY SHOWS AFTER 3PM
http://rss.nfowars.net/20101107_Sun_Alex.mp3
http://rss.nfowars.net/20101108_Mon_Alex.mp3
http://rss.nfowars.net/20101109_Tue_Alex.mp3
http://rss.nfowars.net/20101110_Wed_Alex.mp3
http://rss.nfowars.net/20101111_Thu_Alex.mp3
http://rss.nfowars.net/20101112_Fri_Alex.mp3
http://rss.nfowars.net/20101114_Sun_Alex.mp3
http://rss.nfowars.net/20101115_Mon_Alex.mp3
http://rss.nfowars.net/20101116_Tue_Alex.mp3
http://rss.nfowars.net/20101117_Wed_Alex.mp3
http://rss.nfowars.net/20101118_Thu_Alex.mp3
http://rss.nfowars.net/20101119_Fri_Alex.mp3
http://rss.nfowars.net/20101121_Sun_Alex.mp3
http://rss.nfowars.net/20101122_Mon_Alex.mp3
http://rss.nfowars.net/20101123_Tue_Alex.mp3
http://rss.nfowars.net/20101124_Wed_Alex.mp3
http://rss.nfowars.net/20101125_Thu_Alex.mp3
http://rss.nfowars.net/20101126_Fri_Alex.mp3
http://rss.nfowars.net/20101128_Sun_Alex.mp3

ALEX JONES SPEECH AT COCONUT GROVE OCT 24,10
http://www.youtube.com/watch?v=60K-wgVtlbE&feature=related
http://www.youtube.com/watch?v=yLwWi4OCKmw&feature=related
http://www.youtube.com/watch?v=RSYUHQhOvzs&feature=related
http://www.youtube.com/watch?v=_pQkiBXb0jw&feature=related
http://www.youtube.com/watch?v=Z9QK4bgSygE&feature=related

ZOLLICK WANTS GOLD STANDARD
http://ffog.net/robert-zoellick-of-world-bank-wants-gold-in-exchange-20105715.html
http://www.ft.com/cms/s/0/eda8f512-eaae-11df-b28d-00144feab49a.html#axzz14jNa6BdG

World Bank chief surprises with gold proposal
NOV 8,10

LONDON/WASHINGTON (Reuters) – The world's largest economies should consider gold as an indicator to help set foreign exchange rates, the head of the World Bank said on Monday in a proposal that threw open the acrimonious currency debate days before a summit of G20 nations.Writing in the Financial Times, World Bank President Robert Zoellick called for a new monetary system to replace the floating rates adopted in 1971 known as Bretton Woods II.In typical Zoellick style, the proposal before the G20 leaders' summit in Seoul is aimed at fueling a broader debate on currencies that goes beyond competitive devaluation wars.The price of gold powered to an all-time high above $1,400 an ounce on Monday, despite a bounce in the U.S. dollar, on concern about a weakening trend in the dollar, after the U.S. Federal Reserve last week resumed buying Treasury bonds to inflate its money supply.The former U.S. trade representative, who served in several Republican administrations including Treasury, said the new system is likely to need to involve the dollar, the euro, the yen, the pound and (a Chinese yuan) that moves toward internationalization and then an open capital account.The system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values, he added.Zoellick did not spell out in detail how this system might work, but said it would help to rebuild the confidence of financial markets and the general public in the global monetary system after the financial crisis.However, policymakers appeared cool to the idea, while many analysts said they doubted it would be implemented given practical difficulties.European Central Bank President Jean-Claude Trichet said central bankers from around the world did not discuss returning to a gold standard at a meeting of the Bank for International Settlements in Switzerland on Monday.

In my memory such an idea was mentioned a long time ago by Jim Baker when he was a (U.S.) Secretary of Treasury in the 1980s. I have no particular comment, Trichet told a news conference.A German government official, speaking on condition of anonymity, said Zoellick was correct in worrying that currency values were becoming too vulnerable to the whims of governments.The diagnosis that Zoellick is making is correct: that monetary policy is becoming overly politicized, the official said. The system, as it is, is not functioning well.But he added that it would not be practical to use modern monetary policy tools in a system that was based on a commodity whose availability is dictated by natural conditions.

SUMMIT ACRIMONY?

That Fed's policy of quantitative easing, or EQ2, has fed acrimony among leading economies in the Group of 20 in the run-up to their summit in Seoul on Thursday and Friday.China and Germany, major exporting nations, have both criticized the Fed's strategy -- effectively printing money -- which is weakening the dollar.Investors are pumping dollars into emerging markets in search of higher yields, and the potentially destabilizing impact of this, along with big current account deficits and surpluses as well as China's reluctance to let the yuan appreciate faster, are set to dominate the G20 debate.France, which takes over the G20 chair after this week's summit, says it plans to work on a new international monetary system to bring greater currency stability. French officials said Zoellick's ideas mirrored initiatives that President Nicolas Sarkozy aimed to promote during France's 12 months in the G20 fron next week.Beijing's central bank chief has suggested an alternative monetary system based on using the International Monetary Fund's Special Drawing Rights, a notional unit of value based on a basket of major currencies, instead of the dollar as the sole global reserve currency.Zoellick was a senior official in the U.S. Treasury at the time of the 1985 Plaza and 1987 Louvre Accords on rebalancing currencies among major industrialized nations. He noted that that phase of currency coordination helped launch the Uruguay Round of world trade liberalization negotiations. While his opinion article in the Financial Times did not represent either U.S. or World Bank policy, it may reflect a greater openness in Washington than in the last two decades to some form of international currency cooperation.The dollar is losing its relevance especially with the emergence of Asia economies, so a more neutral benchmark may be required. Gold, amid all the recent uncertainty, is proving its worth, said ANZ's senior commodity analyst Mark Pervan.

Zoellick said a new monetary system would take time to develop and should be part of a package approach including possible changes in IMF rules to review capital as well as current account policies, and linking IMF monetary assessments to World Trade Organization obligations.(Reporting by Lewa Pardomuan, Nick Trevethan, Paul Taylor and Paul Carrel; Writing by Paul Taylor and Lesley Wroughton; Editing by Ruth Pitchford, Andrew Torchia, Andrew Hay)


World Bank Chief Calls For A New Global Gold Standard
Joe Weisenthal | Nov. 7, 2010, 6:22 PM

On the even of the G20 Summit, World Bank Chief Robert Zoellick has what will be a much-talked-about op-ed in the FT regarding the topic du jour: the currency war.In it he lays out multiple ideas including a specific plan for yuan appreciation, an end to unilateral currency interventions, a focus on growth via supply-side-bottlenecks (i.e. structural adjustment), and perhaps most surprisingly: gold.

He writes:The system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values. Although textbooks may view gold as the old money, markets are using gold as an alternative monetary asset today.He doesn't go much further down the road on this idea, and it doesn't sound like a truly hard gold standard, but rather that the world would respect gold as the ultimate arbiter of a currency's value, as a measure of who is failing to keep their currency stable.Should be an exciting G20.
Read more: http://www.businessinsider.com/robert-zoellick-gold-standard-2010-11#ixzz14jOrhvpW

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 09,2010

09:30 AM -2.25
10:00 AM -0.85
10:30 AM +5.94
11:00 AM -9.16
11:30 AM -5.40
12:00 PM -38.63
12:30 PM -28.12
01:00 PM -43.18
01:30 PM -44.31
02:00 PM -50.93
02:30 PM -37.54
03:00 PM -32.96
03:30 PM -55.10
04:00 PM -60.09 11,346.75

S&P 500 1213.40 -9.86

NASDAQ 2562.98 -17.07

GOLD 1,388.30 -14.90

OIL 85.86 -1.20

TSE 300 12,916.60 -135.90

CDNX 2005.03 -36.81

S&P/TSX/60 740.32 -6.64

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -19 points at 4 minutes of trading today.
Dow -45 points at low today.
Dow +18 points at high today so far.
GOLD opens at $1,419.90.OIL opens at $87.32 today.

AFTERNOON,NEWS,STATS
Dow -103 points at low today so far.
Dow +18 points at high today so far.

WRAPUP,NEWS,STATS
Dow -103 points at low today.
Dow +18 points at high today.

GOLD ALLTIME HIGH $1,423.20 (NOT AT CLOSE)(ALLTIME HIGH TODAY)

Gold smashes through 1,400-dollar mark for first time
NOV 8,10

LONDON (AFP) – Gold soared past the 1,400-dollar per ounce mark for the first time on Monday in a buoyant market boosted by speculative investors.The spot price of gold rose to 1,403.88 dollars at 1720 GMT before reaching a new all-time high of 1,407.20 dollars at 1730 GMT.Gold was driven up by the Federal Reserve's decision last week to carry out a 600-billion-dollar monetary stimulus measure aimed at reviving the US economy, a move seen in some circles as liable to aggravate inflation.The resurfacing of inflationary concerns in the medium term has boosted interest in the precious metals and the strength in the dollar was sidelined, said Suki Cooper, an analyst at Barclays Capital.

Gold is seen as a safe haven in times of inflation.

Bullion normally moves inversely to the dollar, which fell to a nine-month low versus the euro last week.Silver was also boosted, reaching a new 30-year high of 27.64 dollars an ounce.Earlier Monday, World Bank president Robert Zoellick called on bickering G20 nations to bring gold back into the global monetary system as an anchor to guide currency movements.Ahead of a Group of 20 summit this week in Seoul, Zoellick said an updated gold standard could help retool the world economy at a time of serious tensions over currencies and US monetary policy.He said the world needed a new regime to succeed the Bretton Woods II system of floating currencies, which has been in place since the fixed-rate currency system linked to gold broke down in 1971.The (new) system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values, Zoellick said in a commentary piece in the Financial Times.

Major UK bank threatens to flee EU bonus rules
Today NOV 8,10 @ 10:21 CET

HSBC bank's new CEO Stuart Gulliver has indicated that the financial powerhouse might move its official seat out of London because of new EU-level restrictions on bonuses. He said the firm has already lost 15 senior staff to firms in Hong Kong, Brazil and India due to the new rules.

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).

Poland rejects Italy's invitation to join EU vanguard group
ANDREW RETTMAN Today NOV 8,10 @ 09:28 CET

EUOBSERVER / BRUSSELS - Italy and Poland have conducted a piquant conversation in the pages of the Financial Times about the merits of creating an EU steering group made up of the Union's biggest countries.Italian foreign minister Franco Frattini told the international daily on Thursday (4 November) that France, Germany, Italy, Poland, Spain and the UK should set up a vanguard or consultative group which could also involve smaller countries on a case-by-case basis.He noted that interior ministers from the group of six already meet regularly.He presented the idea as an antidote to bilateral deal-making, such as last week's Franco-German pact to push through an amendment to the EU Treaty on the subject of financial discipline: 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 ... We can have consultations but not pre-cooked decisions taken by Paris or Berlin.The idea was rejected by Polish foreign minister Radek Sikorski in an interview with the same paper on Sunday.

I would be wary of any formal division of countries into categories. We have enough such distinctions already and they make life difficult. Those members that would not participate would feel excluded and resentful, Mr Sikorski said.The Frattini gambit comes in the context of Italy's weakening position in the EU.The verbal gaffes and alleged sexual antics of Italian PM Silvio Berlusconi have made Rome into a bit of a laughing stock in EU capitals. The Italian leader is also facing sovereign debt problems and has attracted European Commission criticism over his handling of a rubbish-collection crisis. In a sign of Rome's ineffective diplomacy, the recent intake of top personnel for the European External Action Service did not include any Italians. Mr Berlusconi suffered another blow over the weekend when one of his oldest allies, the ex-neo-fascist politician Gianfranco Fini, called on him to step down. For its part, Poland is keen to look like a team player ahead of its EU presidency in late 2011. But Warsaw is cultivating its own alliances despite Mr Sikorski's words on Sunday.The new Polish president, Bronislaw Komorowski, in September met separately with French and German leaders and called for a summit in Warsaw of the three Weimar Triangle countries. It is basically the entrance of the Polish president into the decision-making circles of Europe, Mr Sikorski said at the time. Warsaw's support for the Franco-German treaty-change pact may be a quid-pro-quo for its bid to change EU accounting rules so that post-Communist countries can offset the cost of pension reforms against budget deficits.Poland is also increasingly conducting EU policy in concert with the Czech Republic, Hungary and Slovakia. The Visegrad Group meets at ambassador level each month in Brussels and at leader level ahead of EU summits. Its combined voting power in the EU Council is until 2014 the same as that of France and Germany put together.The presidents of the four countries meeting in the Czech town of Karlovy Vary on Saturday urged the EU to develop a joint policy on the wandering Roma minority.Further north, Swedish historian Gunnar Wetterberg at a Nordic Council summit in Reykjavik last week proposed setting up a new Nordic Federation involving Denmark, Finland, Iceland, Norway and Sweden under the symbolic rule of the Danish royal family. It is unclear how such a federation would cohabit with the EU. But a poll by the Nordic Council, an inter-governmental club launched in 1953, said that 42 percent of Nordic people like the idea.

Member states dishonest in EU budget talks, MEP says
VALENTINA POP Today NOV 8,10 @ 15:19 CET

EUOBSERVER / BRUSSELS – The European Parliament is ready to back down on its 2011 EU budget increase demands, but governments are being dishonest by simply delaying payments to which they have already committed for next year, a key MEP has warned.
With less than one week left for the European Parliament and member states to agree on the 2011 EU budget, euro-deputies' demand for a 6.19 percent increase compared to last year is unlikely to materialise, Polish centre-right MEP Sidonia Jedrzejewska told journalists on Monday (8 November) in Brussels.A group of 12 member states led by Britain 10 days ago published a joint letter saying they would not agree to an increase above 2.9 percent compared to 2010, at a time when most governments are being forced to pass painful budget cuts at home.But Ms Jedrzejewska, who is responsible for drafting the Parliament's position on this matter, says that if the Parliament agreed to the 2.9 percent figure, more money would have to be added in ammended budgets throughout the course of next year.It's not an honest proposal and people who wrote the letter know it will be more in the end. They are just postponing payments, she said.This tactic – already seen this year with no less than 10 amending budgets – increases the lack of transparency of EU accounts, which only leads to more lack of understanding from EU citizens, she argued.On one hand member states are asking us to cut payments for 2011, but on the other they are demanding supplements for 2010, Ms Jedrzejewska said.

Listing the extra expenditures already agreed for next year, she mentioned: compensations for banana producers agreed by EU member states and the World Trade Organisation, which would be worth €80 million; the France-based nuclear fusion project (ITER) project, for which international funding to the tune of €1.5 billion still has to be found; and the new EU diplomatic service which will need at least €34million extra funds in 2011. Not included in the draft budget is the humanitarian aid to Pakistan, for which the European Commission has not tabled a figure yet, or extra aid for the Palestinian territories, amounting to some €100 million.Ms Jedrzejewska also said that the European Commission had underestimated the needs within the cohesion policy for this year, with an extra €1.2 billion having to be added from other budget lines. Implementation speeded up in second half of 2010 and it's very probable that this trend continues, as it is the normal half-way through the multi-annual budget cycle. Obviously, in the first years you have hardly any invoices, but then they start coming and they have to be paid for, she explained.

One trick to come to a reasonable agreement with member states, in the Polish politician's view, is to agree on the basis of the highest figure available for the 2010 budget. They won't move on the 2.9 percent. But the question is, 2.9 percent of what? she said, in reference to the successive amendments which increased the total 2010 budget.According to the latest figures published by the EU Parliament, the total 2010 budget was of €122.9 billion in actual payments and €141.4 billion in future payments (commitments). The Parliament requested an actual budget of €130.5 billion and €143 billion in virtual money for 2011, while the EU Council wants to approve only €126.5 billion in payments and €141.77 in commitments.Most of the money comes from national coffers, with only a quarter coming from own resources such as VAT and import duties levied on products coming from countries outside the EU.

Leading MEPs such as Parliament chief Jerzy Buzek have pressed for a linkage between their accord on the 2011 budget and assurances that the future multi-annual EU budget from 2013 on will be increased. But Ms Jedrzejewska was sceptical that the tactic of all or nothing will work. If we reject the budget the situation will be worse than if we accept the council proposal, she said. In case the EU institutions don't agree on the next year's budget, a temporary one will be adopted based on the amounts of 2010.The 35-year old politician criticised the generals of this House who think that every opportunity should be used to strengthen the EU institutions.We should not risk the 2011 budget. If we forget pragmatism and only think of the ambitions, programs will be damaged and several-year contracts put at risk. I find the ambitions of the Parliament in relation to the multi-annual budget fully justified, but when you take a hostage, you have to make sure the hostage survives, she said.

Wishful thinking

The British government, which is spearheading demands to cap the EU budget increase to 2.9 percent, has meanwhile strongly rejected the suggestion that it would agree to supplement spending in 2011.It is untrue to suggest we're acting dishonestly, a spokesperson for the UK government told this website. This is not about postponing payments and we're not privately planning to agree to further increases to the 2011 budget through amending budgets next year. That's wishful thinking on behalf of MEPs. Any future amending budgets should be about re-prioritising expenditure within these limits, not increasing them,he added.

LAND FOR PEACE (THE FUTURE 7 YEARS OF HELL ON EARTH)

JOEL 3:2
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people and for my heritage Israel, whom they have scattered among the nations, and parted my land.

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

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

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

DANIEL 9:26-27
26 And after threescore and two weeks(62X7=434 YEARS+7X7=49 YEARS=TOTAL OF 69 WEEKS OR 483 YRS) shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary;(ROMAN LEADERS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.(THERE HAS TO BE 70 WEEKS OR 490 YRS TO FUFILL THE VISION AND PROPHECY OF DAN 9:24).(THE NEXT VERSE IS THAT 7 YR WEEK OR (70TH FINAL WEEK).
27 And he( THE ROMAN,EU PRESIDENT) shall confirm the covenant with many for one week:(1X7=7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,(3 1/2 yrs in TEMPLE SACRIFICES STOPPED) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.

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

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

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

ISAIAH 28:14-19 (THIS IS THE 7 YR TREATY COVENANT OF DANIEL 9:27)
14 Wherefore hear the word of the LORD, ye scornful men, that rule this people which is in Jerusalem.
15 Because ye have said, We have made a covenant with death, and with hell are we at agreement; when the overflowing scourge shall pass through, it shall not come unto us: for we have made lies our refuge, and under falsehood have we hid ourselves:
16 Therefore thus saith the Lord GOD, Behold, I lay in Zion for a foundation a stone, a tried stone, a precious corner stone, a sure foundation: he that believeth shall not make haste.
17 Judgment also will I lay to the line, and righteousness to the plummet: and the hail shall sweep away the refuge of lies, and the waters shall overflow the hiding place.
18 And your covenant with death shall be disannulled, and your agreement with hell shall not stand; when the overflowing scourge shall pass through, then ye shall be trodden down by it.
19 From the time that it goeth forth it shall take you: for morning by morning shall it pass over, by day and by night: and it shall be a vexation only to understand the report.

Israel moves ahead with new east Jerusalem housing
By AMY TEIBEL, Associated Press – Mon Nov 8, 10:28 am ET

JERUSALEM – The Israeli government is moving ahead with plans to build nearly 1,300 new apartments in disputed east Jerusalem, an official said Monday, a step that could complicate Prime Minister Benjamin Netanyahu's meetings with American officials in the United States.Israel's Interior Ministry said the decision to seek public comment on the building plans was merely a procedural step, and that actual construction was likely years away. Nonetheless, it cast a shadow over Netanyahu's visit — in which he is speaking to American officials on how to revive peace talks that have stalled over Israeli settlement policies.With the announcement, Israel risked setting off another run-in with Vice President Joe Biden, who met with Netanyahu in New Orleans on Sunday. Israel infuriated Biden early this year by announcing construction plans in east Jerusalem while the vice president was visiting. There was no immediate U.S. reaction to Monday's announcement.The U.S., along with the rest of the international community, opposes Israeli settlement construction in the West Bank and east Jerusalem — captured territories claimed by the Palestinians.Washington is already frustrated over Netanyahu's refusal to renew curbs on settlement construction in the West Bank that expired in September. The Palestinians say they will walk away from peace talks, relaunched just two months ago, if the building restrictions aren't renewed.

Netanyahu's talks with Biden, and later this week with Secretary of State Hillary Rodham Clinton, are aimed at finding a compromise to restart peace talks.News of the new building plans came from Israel's Interior Ministry, which is controlled by the ultra-Orthodox religious party Shas, and it was not known whether Netanyahu was told about it ahead of time. His office had no immediate comment.Interior Ministry official Efrat Orbach said the plans to build 978 apartments in the Har Homa neighborhood and 320 in the neighborhood of Ramot were approved six months ago but that for unspecified technical reasons the ministry only recently published the plans to give the public an opportunity to appeal.She denied the timing of the move had anything to do with Netanyahu's U.S. trip and said it would take years before actual construction would begin.Palestinian negotiator Saeb Erekat said regardless of when the building actually takes place, the latest Israeli move was a sign of bad faith.He said the Palestinians had hoped Netanyahu had gone to the U.S. to make a choice for peace and not settlements.Unfortunately, once again, when given the choice, he chooses settlements, Erekat said. We hold him fully responsible for the collapse of these negotiations.The Palestinians hope to make east Jerusalem the capital of a future independent state that would also include the neighboring West Bank as well as the Gaza Strip.Israel annexed east Jerusalem — home to sensitive Jewish, Muslim and Christian holy sites — after capturing it in the 1967 Mideast war and says the entire city is its eternal capital. The annexation is not internationally recognized.Nearly 200,000 Israelis live in Jewish neighborhoods built throughout east Jerusalem to solidify Israel's control of the area. The Palestinians and the international community consider these neighborhoods illegal settlements, along with dozens of Jewish settlements that dot the West Bank.

The Interior Ministry badly embarrassed Netanyahu in March by approving the construction of 1,600 apartments in another east Jerusalem neighborhood while Biden was in town. That decision caused a major rift with Washington and ultimately led Israel to suspend the project.Netanyahu met with Biden in New Orleans on Sunday and is to meet with Clinton in New York on Thursday. President Barack Obama will be traveling in Asia during Netanyahu's trip.The original construction at Har Homa, during Netanyahu's first tenure in the late 1990s, also caused a major conflict with the U.S., which opposed it. The neighborhood is the last Jewish enclave to have been built in east Jerusalem.

Jordanian Politicians Fear PA State at Home
by Chana Ya'ar NOV 8,10

Anger at Israel expressed this week during Jordan's parliamentary election campaign stems from the fear that the Hashemite Kingdom may be forced to accept back the Palestinian Arabs that came under Israel's sovereignty following the 1967 Six Day War.The candidates are expressing fears that if talks collapse between Israel and the Palestinian Authority, Jordan may instead become the de facto Palestinian state. They use the fear to fuel arguments supporting cancellation of the country's 1994 peace treaty with Israel.The unstated concern that Jordan may be forced to accept as new citizens hundreds of thousands of Palestinian Authority residents stems partly from the fact that the country's population is already more than 50 percent Palestinian. Those Jordanians who are not Palestinian are Bedouin, and support King Abdullah II and the royal family.The possibility, raised by nationalist Israelis as the Jordanian option, has exacerbated growing concerns among Jordanians that Israel may prefer this plan above all.It would mean Jordan's demise and the obliteration of our national identity, said independent candidate Salameh Ghoweiry in a campaign speech in Zarqa, hometown of Abu Musab al-Zarqawi, assassinated leader of al-Qaeda in Iraq.Pro-government Bedouin politicians with ties to the king are expected to sweep the election, especially since the fundamentalist Islamic Action Front – the largest opposition group – is boycotting the polls.As a result, any criticism from the next Jordanian parliament over King Abdullah's policies is likely to be desultory at best.(IsraelNationalNews.com)

MUSLIM NATIONS

EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.

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

PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,(JORDAN) and the Ishmaelites;(ARABS) of Moab, PALESTINIANS,JORDAN) and the Hagarenes;(EGYPT)
7 Gebal,(HEZZBALLOH,LEBANON) and Ammon,(JORDAN) and Amalek;(SYRIA,ARABS,SINAI) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)

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

EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.

JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.

IAF Strike Halted Twice So as not to Hurt Civilians
by Gil Ronen NOV 8,10

Two F-16A jets from the First Jet squadron that operates from IAF Base Ramat David attacked two terrorist tunnels in Gaza Friday, but the mission was put on hold twice out of concern for civilian lives.The tunnels were in Rafiah and Khan Younes and are believed to have served terrorists. Both tunnels were situated in the midst of residential areas. The two pilots – both reservists – identified accurate hits on target and secondary explosions. The IAF jets returned safely to base.The attack was mounted in retaliation for terrorists' firing of a short range Kassam rocket Saturday morning at an area within the Sdot Negev local authority's jurisdiction. That rocket was fired by a terror group named the Salah a-Din Brigades, which said it was a retaliation for the IDF's killing of a member of the group earlier in the week.Lt.-Col. A., the squadron's commander, told the IAF website: In the course of the attack we identified uninvolved passersby. We had to stop everything twice. We simply stop [in such situations], wait until the passersby move on, and go back into action. But in the end everything went smoothly and that was the aim.Since we had gone on a well organized and planned mission, there was no problem hitting the target in an accurate way,Lt.-Col. A. explained. The mission itself is not complicated, but the challenge is not to make a mistake in the delicate area in which we operated, close to an inhabited area and on the seam line between Israel and Egypt.(IsraelNationalNews.com)

US-ISRAEL RELATIONS AFTER ELECTION
http://www.israelnationalnews.com/News/News.aspx/140507

Poll: Jerusalem 7th Top Tourist City in the World
Reported: 18:54 PM - Nov/08/10

Jerusalem was voted the seventh leading tourist destination in the world by readers of the Trip Advisor website. Israel's capital placed ahead of London, Istanbul and Venice among the top ten. The leading city was Florence, Italy, followed by Washington, Rome and Paris. Jerusalem was cited for its historical importance and culture.Chilik Bar, who holds the tourism portfolio in the Jerusalem municipality, called the ranking an important honor, as well as acknowledgement of the effort invested by the city in the last two years.

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.

Officials: Hurricane killed at least 20 in Haiti
NOV 8,10

PORT-AU-PRINCE, Haiti – At least 20 people died when Hurricane Tomas brushed past Haiti, more than double the number initially reported, Haiti's civil protection department said Monday.Seven others remain missing and dozens were injured. More than 30,000 people remain in shelters and Tomas left nearly 6,000 families homeless. Others, already homeless from the Jan. 12 earthquake, lost their tents.The hurricane struck Haiti's southern peninsula on Friday and traveled up the coast, triggering floods and landslides. But its strongest winds and rain stayed far to the west of the capital, sparing most of the encampments where an estimated 1.3 million people have been living for nearly 10 months.Officials are now turning their attention back to a worsening cholera epidemic that has killed more than 500 people and hospitalized more than 7,300. Flooding is expected to spread the disease while damage to roads and buildings could make it harder for those sickened to get medical care.Authorities were monitoring the cholera-laden Artibonite River on Monday after engineers let through extra water to alleviate pressure on a dam on Haiti's central plateau. Initial reports from the area indicated that flooding was minimal.

Storm deaths, cholera heap more misery on Haiti
by Clarens Renois - NOV 8,10

PORT-AU-PRINCE (AFP) – Struggling to rebuild in the grips of a cholera epidemic, quake-hit Haiti suffered further misery at the weekend as Hurricane Tomas claimed at least 20 lives, officials said Monday.The storm, which had already killed 14 people as it ravaged towns on the Caribbean resort island of Saint Lucia, barreled north into Haiti on Friday packing winds up to 85 miles (135 kilometers) per hour.There were chaotic scenes as the storm approached and thousands of displaced people living in flimsy tents and under tarpaulin sheets in cramped refugee camps around Port-au-Prince scrambled onto buses to evacuate.In the end the capital was spared the brunt of the storm, but Tomas submerged coastal towns like Leogane in floodwaters and triggered dangerous mudslides inland.Worst hit was the southwestern department of Grand'Anse. Nearly 900 Haitian homes were destroyed and another 5,000 damaged as the huge storm skirted past and headed north to Cuba and the Turks and Caicos Islands.

As a massive clean-up was launched, civil defense officials counted the cost of Haiti's latest disaster, saying at least 20 people had been killed and 6,000 families made homeless.Much of Haiti's population of just under 10 million people live in precarious conditions, vulnerable to natural disasters. Mountainsides have been stripped of trees to be used as fuel, increasing the risk of landslides.We are going to have more victims because of the floods and mudslides, but we cannot yet reach the communities most affected, civil defense official Philippe Joseph told AFP on Sunday.Tomas was the first hurricane to batter the country since the January earthquake that killed 250,000 people and left more than a million homeless -- many of them forced to live since in squalid tent cities.Haiti's post-quake misery had already been compounded on October 21 when health authorities announced the nation's first cholera outbreak in decades.Although easily treated, the water-borne bacterial disease has a short incubation period, sometimes just a few hours, and causes acute diarrhea that can quickly lead to severe dehydration and death.Haiti's health ministry raised the cholera toll to 544 on Monday -- a rise of more than 40 in just 48 hours -- and said almost 8,000 people were now being treated for the disease in hospital.Authorities fear the epidemic could be exacerbated by the effects of Hurricane Tomas. The believed source of the outbreak, the Artibonite River, flooded over the weekend.Dangerous landslides and heavy flooding could still worsen the cholera epidemic. Stay vigilant, President Rene Preval urged before the storm struck.

The big fear is that the disease could infiltrate the Port-au-Prince camps where people bathe, wash and cook right next to each other, spreading like wildfire in the cramped and unsanitary conditions.Aid groups are also worried about the more remote areas where people cannot reach clinics or hospitals. Some rural areas were completely cut off by Tomas as the heavy rains washed away roads.Outside of the larger population centers, it is critical that smaller, dispersed communities are able to access treatment, said Kate Alberti, an epidemiologist working for Doctors Without Borders (MSF).We are very concerned about the spread of the epidemic in rural areas, where transport to existing health structures is difficult. Treatment centers need to be established and existing ones further supported in order to ensure rapid access to treatment.The source of the cholera outbreak is still unclear, although MINUSTAH, the UN peacekeeping force is probing claims its septic tanks leaked into the Artibonite and contaminated it with fecal bacteria. The World Health Organization (WHO) has warned the outbreak is far from over and Haiti should prepare for the disease to hit its capital and the teeming tent cities.All this comes against the backdrop of extreme political uncertainty in post-quake Haiti with the country's 4.5 million eligible voters set to go to the polls on November 28 to choose a successor to Preval.Anger is growing at the slow pace of recovery. Rubble is still piled up on the streets of Port-au-Prince and an estimated 1.3 million remain displaced despite billions of dollars of aid promised by the international community.

Many flee Indonesia volcano amid fears of eruption By SARAH DiLORENZO, Associated Press - NOV 8,10

MOUNT MERAPI, Indonesia – Trains, buses and rented autos were crammed with Indonesians leaving a bustling, ash-choked city of 400,000 at the foot of Mount Merapi, which roared again Monday with explosions of volcanic gas and debris.
Authorities put Yogyakarta on high alert but haven't ordered evacuations of the university town some 20 miles (30 kilometers) from the peak. Many residents are leaving on their own, and neighborhoods on the edge of the city looked like ghost towns, houses shuttered, some with laundry still hanging outside.What choice do we have? asked Sukirno, 37, as he sped away with his wife and their 8-year-old daughter on a motorbike, saying they would join relatives far away over fears the ash would harm their health.The city's airport was closed yet again Monday, adding to the crowds at train and bus stations, and ash hung so thickly in the air that breathing was painful and clothes stunk of smoke after any time outdoors.My parents have been calling ... saying You have to get out of there! You have to come home! said Linda Ervana, a 21-year-old history student who was waiting with friends at a train station in Yogyakarta.After days of failing to get tickets — long lines stretch all the way through the main hall, some people sleeping on their luggage — they decided to rent a minibus with other classmates.It feels like that movie 2012,said her 22-year-old friend, Paulina Setin. Like a disaster in a movie.One of the world's most active volcanoes, Merapi has erupted many times in the last century, killing more than 1,400. It revived two weeks ago and a significant eruption Friday launched hot ash and pyroclastic flows down the mountain slopes that claimed nearly 100 lives, its deadliest blast in 80 years.

Concerns about airborne ash after Friday's eruption prompted many international airlines to cancel flights to the capital, Jakarta, but all were flying again Monday. White House officials said President Barack Obama still was scheduled to arrive Tuesday in Indonesia — his second stop in a 10-day Asian tour.On Monday, Merapi shot clouds of gas and debris up to 3,000 feet (1 kilometer) in the air as ash and pyroclastic flows poured down its slopes. Scientists worry the series of eruptions hasn't eased pressure inside the volcano and instead proves Merapi is unpredictable.Based on what we're seeing now, it could erupt again any time, said Surono, a state volcanologist.The overall toll since the eruptions started Oct. 26 climbed from 138 to 141 after more bodies were found on the mountain, the National Disaster Management Agency said.Authorities have cleared people from a danger zone that is now 12 miles (19 kilometers) from the peak and are preventing them from returning. Nearly 280,000 people have jammed into emergency shelters they say lack enough toilets or clean drinking water.Experts say the biggest threat to Yogyakarta isn't from the sky but rather the Code River, which flows into the city's heart from the 9,700-foot (3,000-meter) mountain. The river could act as a conduit for deadly volcanic mudflows that form in heavy rains, racing at speeds of up to 60 mph (100 kph).Black volcanic sludge has already inundated one city neighborhood that slopes up a hill just above the river. In Romomangun, the mud burst the riverbanks and poured into buildings.Indonesia, a vast archipelago of 235 million people, is prone to earthquakes and volcanoes because it sits along the Pacific Ring of Fire, a horseshoe-shaped string of faults that lines the Pacific Ocean.Associated Press writer Niniek Karmini in Jakarta contributed to this report.

Where's the Gulf oil? In the food web, study says By SETH BORENSTEIN, AP Science Writer - Mon Nov 8, 9:47 am ET

WASHINGTON – Scientists say they have for the first time tracked how certain nontoxic elements of oil from the BP spill quickly became dinner for plankton, entering the food web in the Gulf of Mexico.The new study sheds light on two key questions about the aftermath of the 172 million-gallon spill in April: What happened to the oil that once covered the water's surface and will it work its way into the diets of Gulf marine life? Everybody is making a huge deal of where did the oil go, said chief study author William Monty Graham, a plankton expert at the Dauphin Island Sea Lab in Alabama. It just became food.The study didn't specifically track the toxic components of the oil that has people worried. It focused on the way the basic element carbon moved through the beginnings of the all-important food web. Graham said the eye-opening speed of how the oil components moved through the ecosystem may affect the overall health of the Gulf.Michael Crosby of the Mote Marine Laboratory in Florida didn't take part in the study but said what fascinated him was that the carbon zipped through the food web faster than scientists expected. That in itself isn't alarming, but if the nontoxic part of the oil is moving so rapidly through the food web, Crosby asks: What has happened to the toxic compounds of the released oil? Graham said it was too hard to study the toxins in tiny plankton, which are plant and animal life, usually microscopic. So he had to go with an indicator that's easier to track: the ratio of different types of carbon in microbes and plankton around and even under the BP oil slick. That important ratio jumped 20 percent, showing oil in the food web.

By late September the carbon ratios in microscopic life had returned to normal, Graham said.Graham emphasized that the results of his research don't mean the plankton, the fish that feed on it or the people who eat Gulf seafood are at any risk. What he found, he said, is merely a biomarker that shows the movement of spill-related carbon through the food chain. Much of the plankton he studied was swimming around and doing great and in equal or higher numbers than before the spill, he said.
Graham's study, released Monday, is published in Environmental Research Letters. It was mostly funded by the National Science Foundation, with additional money from the state of Alabama and BP's Gulf Research Initiative, which distributed money through the Northern Gulf Institute in Mississippi.For Graham it's noteworthy how voracious the oil-munching bacteria were: The microbes came to the rescue. After they snacked on the surface oil, other microscopic sea life ate the microbes and were, in turn, chomped on by zooplankton, tiny animals.Larry McKinney, director of a Gulf research institute at Texas A&M University in Corpus Christi, said the study confirms what scientists had expected. The big question is will it affect eggs and larvae and next year's production of shrimp, crabs and fish, McKinney said.

NUCLEAR WEAPONS WILL BE USED.

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

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

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

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

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

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

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

JOEL 2:3,30
3 A fire devoureth before them; and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.

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

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

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

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

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

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

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

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

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

Netanyahu says Iran must fear military strike
By AMY TEIBEL, Associated Press – Mon Nov 8, 2:38 am ET

JERUSALEM – Israel's prime minister told U.S. Vice President Joe Biden that Iran must be made to fear a military strike against its nuclear program, Israeli media reported Monday — a departure from the Israeli leader's previous emphasis on using diplomacy to curb Tehran's nuclear ambitions.Prime Minister Benjamin Netanyahu, meeting with Biden in New Orleans on Sunday, said that although sanctions have hurt Iran, Tehran will be determined to produce nuclear weapons unless it thinks a military strike is a real option, the media reported, citing unidentified Israeli officials.Netanyahu's call for a credible military threat drew a swift response from the U.S. Defense Secretary Robert Gates, who said international sanctions were biting more deeply than the Iranians anticipated.I disagree that only a credible military threat can get Iran to take the actions that it needs to, Gates said in Australia on Monday. At this point we continue to believe that the political and economic approach that we are taking is in fact having an impact on Iran.Israel, like the West, disputes Iran's claims that its nuclear program is designed to produce energy, not bombs. In the past, it has said it prefers to block the Iranian threat through diplomacy, though it has not ruled out a military strike.Israel sees Iran as its fiercest threat because of its nuclear program, its ballistic missiles capable of hitting the Jewish state and Iranian President Mahmoud Ahmadinejad's repeated references to Israel's destruction.

Last week, Israel's military intelligence chief said Iran possesses enough enriched uranium to build one nuclear bomb and soon will have enough to produce a second. The CIA and the U.N.'s nuclear watchdog have offered similar assessments, but any Israeli commentary on Tehran's nuclear program is closely watched because Israel is considered the most likely nation to launch a military strike to prevent Iran from developing nuclear weapons.In 1981, Israeli aircraft destroyed an unfinished nuclear reactor in Iraq. Experts judge that the Iranian nuclear program would be harder to cripple because facilities are scattered across the vast country and some are located underground.AP National Security Writer Anne Gearan contributed to this report from Melbourne, Australia.

UN can't say Iran's nuke program is peaceful
NOV 8,10

UNITED NATIONS – The U.N. nuclear chief says he still can't confirm that all aspects of Iran's nuclear program are peaceful, and he is expressing serious concern about North Korea's refusal to allow the return of nuclear inspectors.Yukiya Amano, the head of the International Atomic Energy Agency, called on Iran to fully implement all resolutions of the IAEA board of governors and the U.N. Security Council.The resolutions include demands for Iran to suspend uranium enrichment and start negotiations on its nuclear program to ease global concerns that it is seeking to make atomic weapons.In his first annual report to the General Assembly on Monday, Amano also called for concerted efforts to resume six-party talks on dismantling North Korea's nuclear program.

Vt. nuke plant closes after radioactive water leak
By DAVE GRAM, Associated Press – Mon Nov 8, 8:58 am ET

MONTPELIER, Vt. – Technicians at the Vermont Yankee nuclear plant began work Monday morning to fix a pipe that leaked radioactive water and forced the plant to shut down.The technicians had to wait 13 hours for the plant to cool down before they could get into the area where the leak was spotted on Sunday by routine surveillance.

Now that they're inside the technicians are checking to see what the repair options are and how long the plant will be offline, plant spokesman Larry Smith. said Monday.
The nuclear reactor was taken out of service at 7 p.m. Sunday.Smith said the leak of about 60 drops a minute was spotted earlier Sunday during routine surveillance. It was coming from a 2-foot-wide pipe that was part of the circulation system involving the reactor, he said. The water was being collected by a sump pump and cycled back through the system, he said.The cause of the leak was not immediately known. The Nuclear Regulatory Commission said the public was not in any danger.It was the second shutdown within an hour at a plant owned by New Orleans-based Entergy Corp.A transformer exploded at a nuclear power plant north of New York City, forcing an emergency shutdown of one of its reactors. No one was injured and no radioactive materials leaked.Entergy spokesman Jim Steets said the affected reactor, Indian Point 2, would remain offline until investigators could determine the cause of the explosion.NRC spokesman Neil Sheehan called the two shutdowns complete coincidence.

Sheehan said agency inspectors were overseeing the shutdown at the Vermont Yankee plant in Vernon. He said the water would have low levels of radioactivity, such as tritium and other isotopes, as part of the usual plant operation.The levels are so low, they really wouldn't be harmful to anybody, Sheehan said Sunday. There is no immediate health or safety concern as far as this leakage. Any leakage would be captured by the plant system so there's no exposure to the public.The outage at the 38-year-old Vermont plant was not expected to cause any shortage of power in New England, which has a surplus of electricity. The plant provides electricity to the region's power grid.It was the first unplanned shutdown at the plant since May, when a problem developed in the electrical switchyard where the plant connects to the grid. The leak also came three days after Entergy announced it hopes to sell Vermont Yankee, which it bought from a group of New England utilities in 2002.Vermont Yankee has been hampered by problems this year.In January, officials announced that tritium, a radioactive isotope of hydrogen that has been linked to cancer when ingested in large amounts, had turned up in a test well on Vermont Yankee's property on the banks of the Connecticut River in Vernon. Later, other radioactive substances were found to have leaked into groundwater and soil surrounding the plant.Also in January, legislators learned that Vermont Yankee personnel had misled them and state regulators by saying Vermont Yankee did not have the type of underground piping that would leak tritium.In February, the state Senate voted to kill a bill to allow regulators to issue a new state license for Vermont Yankee to operate after 2012, when the plant's current state and federal licenses expire. Lawmakers could revisit the issue in their session next year. Even with last week's announced plan to sell the plant, Democrat Sen. Peter Shumlin, who appears likely to be named by the Legislature as the state's new governor, said he would continue to oppose a license extension for Vermont Yankee.

Wall Street asks patience on U.S. rules, crisis recovery
By Joseph A. Giannone - NOV 8,10

NEW YORK (Reuters) – The captains of Wall Street on Monday pleaded for patience and moderation as the U.S. government implements the most sweeping reforms of the financial system since the 1930s.Two years after a financial crisis of their own making that tipped the U.S. economy into a deep recession, the nation's top financiers met at a conference of Wall Street's lead lobbying group where they vowed to help shape parts of the reforms still being hammered out.Morgan Stanley Chief Executive James Gorman expressed concern at the annual meeting of the Securities Industry and Financial Markets Association (SIFMA) about anti-Wall Street rhetoric of the past year, which he said polarized lawmakers and diminished public confidence in the markets.Days after an election that handed Republicans control of the U.S. House of Representatives, Gorman appealed to the public, angry about Wall Street's role in the crisis, to give markets more time to recover.The financial system nearly shut down. It's only two years on. You need a little bit of patience to rebuild, to accumulate the capital you need, he said.SIFMA President Tim Ryan said the group wants to help flesh out the Volcker rule on risky bank trading, among many other provisions, of the reforms approved in July.SIFMA represents hundreds of securities firms, banks and asset managers, including Morgan Stanley, JPMorgan Chase, Goldman Sachs and Bank of America.

SIFMA will continue to work with the (Obama) administration, regulators and Congress to continue to restore faith and confidence in our financial markets, including effectively implementing the Dodd-Frank Act, Ryan said.The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law in July by President Barack Obama, touches every corner of the U.S. financial system, while leaving many details to be worked out in months ahead by regulatory agencies.Congress laid down some parameters for regulators on defining proprietary trading -- trading by banks for their own accounts unrelated to customer needs -- but left room for banks to retain some in-house trading operations in an area where drawing clear lines may be difficult.

SEC'S SCHAPIRO ON ALGO TRADES

In remarks at the SIFMA conference, the head of the U.S. Securities and Exchange Commission, said her agency was working to make markets more stable after May's flash crash, when stocks plunged sharply, wiping out $1 trillion in market capital, and then recovered in mere minutes, shaking investors.SEC Chairman Mary Schapiro said the agency was close to unveiling new rule proposals and said it must also deal with algorithms, the computer trading codes used to rapidly create and execute trades, that go crazy and disrupt the marketplace.Recent concerns about the high-frequency trading powered by lightning-fast algorithms were not addressed in the Dodd-Frank bill, but promise to be a subject of debate on Capitol Hill in 2011-2012 with a new Congress coming in divided along partisan lines.Republicans who won control of the U.S. House of Representatives in last week's elections have vowed to try to roll back parts of Dodd-Frank, but face an uphill climb against continued Democratic Senate dominance and Obama's veto pen.SIFMA's Ryan last month had said that his group was not seeking to roll back key provisions of Dodd-Frank, though inevitably there would be areas of law that industry will want changed.The Federal Reserve, the Treasury Department and other agencies are racing to complete hundreds of rules and studies mandated under Dodd-Frank, with lobbyists for banks and brokerages pushing to soften some provisions.Among these is the three-part Volcker rule, which curbs proprietary trading by banks; limits their involvement with hedge funds and private equity firms; and sets a new cap on domestic expansion capacity by the largest banks.The important aspect of this set of rulemaking will be how regulators define what activities are deemed proprietary and thus prohibited, while ensuring that markets remain liquid and deep, Ryan said in his opening remarks. Our focus here is to help Treasury determine what qualifies as proprietary trading, and thus subject to the ban, and what is outside of the prohibition,Ryan said.
(Additional reporting by Rachelle Younglai and Jonathan Spicer. Writing by Kevin Drawbaugh; Editing by Leslie Adler)

Fed's Bullard says asset purchases have normal effect
By Kristina Cooke and Edward Krudy - NOV 8,10

NEW YORK (Reuters) – A top U.S. Federal Reserve official on Monday hit back at critics who argue that the central bank's asset purchase program won't work, saying it should be as effective as traditional monetary policy.James Bullard, president of the St. Louis Federal Reserve Bank, said the likely benefits of the Fed's decision last week to buy an additional $600 billion of Treasury bonds by mid-2011 outweighed the costs.Bullard said that the U.S. recovery has slowed, putting it in a disinflationary trend that must be addressed to avoid following the same path as Japan, which has been battling deflation for years.While asset purchases are sometimes viewed as unconventional, the financial market effects have been entirely conventional, said Bullard, who has a vote on Fed policy this year.Real interest rates declined, inflation expectations rose, the dollar fell and equity prices rose as a result of the Fed's action, he said, according to slides from a presentation prepared for delivery in New York.He said while it is more difficult to weed out the impact on the broader economy, this is a typical problem for monetary policy.Most likely, the real effects will be just as conventional as the financial market effects, he said.It takes 6 to 12 months for an easing of monetary policy to affect output, consumption and investment, he said.Bullard said it was important that the Fed defend its implicit inflation target from the low side as we would from the high side.The Fed's implicit inflation target is around 1.7 percent to 2 percent.

Bullard said worries that the Fed's policy could create high inflation down the road were legitimate and important, but the disinflationary trend is worrisome right now.
With interest rates already near zero, further disinflation would mean higher real interest rates -- or a tightening of monetary policy even as the recovery slows.
Bullard said concerns that the Fed is monetizing, or inflating away the U.S. deficit were misplaced, as the Fed has often said it will return its balance sheet to normal over time.He said it was absolutely imperative that Congress and the administration tackle U.S. budget problems in the long run.Europe has given the U.S. an important wake-up call on how devastating it can be to leave long-run structural deficit problems unaddressed, he said.(Editing by Padraic Cassidy)

Obama returns fire after China slams Fed's move By Patricia Zengerle and Krittivas Mukherjee – Mon Nov 8, 8:59 am ET

NEW DELHI (Reuters) – President Barack Obama defended the Federal Reserve's policy of printing dollars on Monday after China and Russia stepped up criticism ahead of this week's Group of 20 meeting.The G20 summit has been pitched as a chance for leaders of the countries that account for 85 percent of world output to prevent a currency row escalating into a rush to protectionism that could imperil the global recovery.But there is little sign of consensus.The summit has been overshadowed by disagreements over the U.S. Federal Reserve's quantitative easing (QE) policy under which it will print money to buy $600 billion of government bonds, a move that could depress the dollar and cause a potentially destabilizing flow of money into emerging economies.I will say that the Fed's mandate, my mandate, is to grow our economy. And that's not just good for the United States, that's good for the world as a whole, Obama said during a trip to India.And the worst thing that could happen to the world economy, not just ours, is if we end up being stuck with no growth or very limited growth, he said.European Central Bank President Jean-Claude Trichet said all participants at a meeting of the world's central bankers in Basel, Switzerland had insisted they were not pursuing weak currency policies.We're attached to avoiding excessive volatility. It's very counterproductive for global growth and global stability, he told a news conference.

CHINA, RUSSIA ATTACK FED MOVE

Washington has frequently criticized China, saying it deliberately undervalues its currency to boost exports.China says the United States, via the Fed, is engaged in the same thing that it stands accused of, and some emerging nations have already acted to curb their currencies' rise.Resentment abroad stems from worry that Fed pump-priming will hasten the U.S. dollar's slide and cause their currencies to shoot up in value, setting the stage for asset bubbles and making a future burst of inflation more likely.As a major reserve currency issuer, for the United States to launch a second round of quantitative easing at this time, we feel that it did not recognize its responsibility to stabilize global markets and did not think about the impact of excessive liquidity on emerging markets, Chinese Finance Vice Minister Zhu Guangyao said on Monday.The Fed's quantitative easing policy was unveiled last week to jeers from emerging market powerhouses from Latin America to Asia. Russia renewed its assault on Monday.Russia's president will insist .... that such actions are taken with preliminary consultations with other members of the global economy, said Arkady Dvorkovich, a Russian official who is preparing the country's position in Seoul.Bank of Japan Deputy Governor Hirohide Yamaguchi said on Monday that it too was ready to boost its asset-buying scheme if it saw clear signs of a downturn. Worth 5 trillion yen ($62 billion), it is so far just a tenth the size of the Fed's.

U.S. DROPS KEY DEMAND

India is Obama's first stop in a 10-day trip to Asia that will include Indonesia and Japan. He will arrive in Seoul for the November 11-12 summit weakened by a crushing congressional election defeat for his Democratic Party and under fire from all sides. Germany described U.S. economic policy as clueless last week. The U.S. has already all but dropped its centerpiece proposal for the G20 -- a measure that would cap current account balances at 4 percent of gross domestic product, something economists said was clearly aimed at China.At the weekend, U.S. Treasury Secretary Timothy Geithner backed away from the numerical target that had been rejected by China, Germany, Japan and others in a sign that global financial power had slipped from U.S. hands.On Monday, he was putting on a brave face, saying China was supportive of the G20's framework for rebalancing the global economy, and that he expected broad consensus on it at the summit.The risk of a negative outcome in Seoul appears to be increasing, or at the very least, an agreement that merely papers over the huge gaps and allows countries to pursue their own economic policies whether it be intervening in currency markets like South Korea and Japan or printing dollars.

Judging by the critical response of emerging market governments to QE, the likelihood of a ceasefire in the currency war is slim, RBC Capital markets said in a report published on Monday.(Writing by David Chance and Mike Peacock; editing by Stephen Nisbet)

Irish banks sink as EU eyes nation's survival plan By SHAWN POGATCHNIK, Associated Press – Mon Nov 8, 8:13 am ET

DUBLIN – Shares in Ireland's banks fell to record lows Monday and borrowing costs were near euro-era highs as the government prepared to discuss its fiscal survival plans with top European Union officials.Although Ireland is not at immediate risk of bankruptcy, investors are shunning government and bank debt out of fear that the country is at growing risk of requiring a bailout by the EU and International Monetary Fund, like Greece received in May.The battered shares of Allied Irish Banks, Bank of Ireland and Irish Life & Permanent all have been dropping on the Irish Stock Exchange since Finance Minister Brian Lenihan last week announced plans to slash euro6 billion ($8.35 billion) from its 2011 deficit, double his previous target. His goal is to reduce the 2011 deficit to 9.5 percent of GDP from its projected 2010 rate of 32 percent, a modern European record.Allied Irish was down 3 percent to euro0.26, Bank of Ireland 13 percent to euro0.37, and Irish Life & Permanent 16 percent to euro0.88. The first two banks have received billions in state aid because of their dud loans to bankrupt construction tycoons, while Irish Life & Permanent has received no bailout help but is most exposed to Ireland's depressed market for residential property.Olli Rehn, European Commissioner for financial affairs, is meeting Lenihan in Dublin on Monday night and will then meet opposition politicians and business and labor union leaders Tuesday.

Many analysts are questioning whether Ireland's deepening austerity efforts will be sufficient to persuade foreign banks to buy Irish government and bank bonds again at reasonable rates. If not, Ireland will face a growing risk of default in 2011 that can be relieved only by taking emergency aid from Europe's Financial Stability Fund.
The government in September withdrew temporarily from the bond market, arguing that investors were demanding punitive interest rates. Lenihan expressed hopes that investors' confidence in Ireland would grow before the government needs to re-enter the market in early 2011. The country says it has sufficient funds to pay its bills through April and also could tap its pension reserve fund.So far the approach has failed as the interest rates, or yields, on Irish 10-year treasuries has reached a series of highs in recent weeks reflecting investors' growing belief that Ireland is running out of time to avoid a default or bailout.As the traditional owners of Irish treasuries — chiefly banks in Britain, Germany, the United States and France — seek to dump them because of their falling value and increased perceived risk, new sellers can be attracted only by offering higher yields.Irish 10-year bonds were trading Monday at average yields of 7.75 percent — just off the euro-era high of 7.82 percent reached last week — and at a 5.3 percent spread versus equivalent German bonds.

WW3 THE 3 WAVES THAT MARCH TO ISRAEL

AMOS 9:10
10 All the sinners of my people shall die by the sword, which say, The evil shall not overtake nor prevent us.

DANIEL 11:40-45
40 And at the time of the end shall the king of the south( EGYPT) push at him:(EU DICTATOR IN ISRAEL) and the king of the north (RUSSIA AND MUSLIM HORDES OF EZEK 38+39) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
41 He shall enter also into the glorious land, and many countries shall be overthrown: but these shall escape out of his hand, even Edom, and Moab, and the chief of the children of Ammon.(JORDAN)
42 He shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
43 But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt: and the Libyans and the Ethiopians shall be at his steps.
44 But tidings out of the east(CHINA 2ND WAVE OF WW3) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)
45 And he shall plant the tabernacles of his palace between the seas in the glorious holy mountain; yet he shall come to his end, and none shall help him.

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

The Third and Final Wave of WW3 is when all Nations march to Jerusalem, but JESUS bodily returns to earth and destroys them,sets up his KINGDOM OF RULE FOR 1000 YEARS THEN FOREVER.

2ND WAVE CHINA AND KINGS OF THE EAST MARCH TO ISRAEL

REVELATION 16:12
12 And the sixth angel poured out his vial upon the great river Euphrates; and the water thereof was dried up, that the way of the kings of the east might be prepared.(THIS IS THE ATATURK DAM IN TURKEY,THEY CROSS OVER).

DANIEL 11:44 (2ND WAVE OF WW3)
44 But tidings out of the east(CHINA) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)

REVELATION 9:12-18
12 One woe is past; and, behold, there come two woes more hereafter.
13 And the sixth angel sounded, and I heard a voice from the four horns of the golden altar which is before God,
14 Saying to the sixth angel which had the trumpet, Loose the four angels which are bound in the great river Euphrates.(IRAQ-SYRIA)
15 And the four angels were loosed, which were prepared for an hour, and a day, and a month, and a year, for to slay the third part of men.(1/3 Earths Population die in WW 3 2ND WAVE)
16 And the number of the army of the horsemen were two hundred thousand thousand:(200 MILLION MAN ARMY FROM CHINA AND THE KINGS OF THE EAST) and I heard the number of them.
17 And thus I saw the horses in the vision, and them that sat on them, having breastplates of fire, and of jacinth, and brimstone: and the heads of the horses were as the heads of lions; and out of their mouths issued fire and smoke and brimstone.(NUCLEAR BOMBS)
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.(NUCLEAR BOMBS)

North Korea's heir apparently rises again
– Mon Nov 8, 1:42 am ET

SEOUL (Reuters) – The death of a North Korean military official and the naming of leader-in-waiting Kim Jong-un to the funeral preparation committee was jumped on by South Korean media on Monday as showing he had risen to second-in-command.In the opaque world of North Korea, experts are forced to dissect and analyze every snippet of information -- sometimes reading between the lines, or words -- in search of the truth.South Korean media concluded that by being named immediately after leader Kim Jong-il to the funeral committee by the North's state-run news agency KCNA, the leader's third son had been elevated to the second highest position in the secretive state.The young Kim, known only to be in his mid to late 20s, was identified as heir apparent in September when appointed to senior political and military posts in the isolated state.Then, he was named sixth after his father and other officials in a list of dignitaries participating at the ruling Workers' Party conference.The latest sequence -- placing Kim ahead of the cabinet premier, the chief of general staff and the defense minister -- is the clearest signal yet that he is officially in line to take over from his ailing 68-year-old father, the South's Yonhap news agency reported.The Chosun Ilbo daily quoted a North Korean source as saying the heir apparent had probably already been promoted to the posts left vacant by the late Jo Myong-rok, or will assume them as soon as the mourning period ends.KCNA reported that Jo, the first vice-chairman of the North's National Defence Commission and a close Kim confidant, died on Saturday of chronic heart disease at the age of 82.Jo, whose health has been in decline since 2006, is best remembered for his visit to the United States in 2000 when he met then President Bill Clinton. (Reporting by Jeremy Laurence; Editing by Robert Birsel)

Israeli scholar completes translation of Talmud
NOV 8,10

JERUSALEM – After 45 years of 16-hour work days, an Israeli scholar has finally completed his life's work — a translation of the entire Talmud, one of Judaism's most important texts, to an extent that has never been done before.Rabbi Adin Steinsaltz began his translation and commentary on the Talmud in 1965. This week he is publishing the last book of his 46-volume series.Steinsaltz has written some 60 books on subjects such as zoology to theology, but his translation of the Talmud from Aramaic to Hebrew is his crowning achievement.It gives modern Jews a glimpse into the often obscure texts of the detailed rabbinical commentaries on biblical laws that obligate observant Jews.In a radio interview Monday, Steinsaltz said his motto is: Let my people know.