Tuesday, August 23, 2011

5.8 earthquake in Virginia felt in Washington, New York City, North Carolina AP

EARTH WORSHIP

DEUTERONOMY 17:3-4
3 And hath gone and served other gods, and worshipped them, either the sun, or moon, or any of the host of heaven, which I have not commanded;
4 And it be told thee, and thou hast heard of it, and enquired diligently, and, behold, it be true, and the thing certain, that such abomination is wrought in Israel:

2 KINGS 23:5
5 And he put down the idolatrous priests, whom the kings of Judah had ordained to burn incense in the high places in the cities of Judah, and in the places round about Jerusalem; them also that burned incense unto Baal, to the sun, and to the moon, and to the planets, and to all the host of heaven.

EARTH DESTROYED WITH THE EARTH(BECAUSE OF SIN AND GODLESS PEOPLE)

GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.(WORLD TERRORISM,MURDERS)(HAMAS IN HEBREW IS VIOLENCE)
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence (TERRORISM)(HAMAS) through them; and, behold, I will destroy them with the earth.

HOSEA 4:1-3
1 Hear the word of the LORD, ye children of Israel: for the LORD hath a controversy with the inhabitants of the land, because there is no truth, nor mercy, nor knowledge of God in the land.
2 By swearing, and lying, and killing, and stealing, and committing adultery, they break out, and blood toucheth blood.
3 Therefore shall the land mourn, and every one that dwelleth therein shall languish, with the beasts of the field, and with the fowls of heaven; yea, the fishes of the sea also shall be taken away.

EARTHQUAKES

MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.

MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

THERE HAS BEEN A 5.9 QUAKE IN VIRGINIA FELT IN WASHINGTON AND AREA.5.8 earthquake in Virginia felt in Washington, New York City, North Carolina DETAILS AND STORY AS IT COMES OUT.

OBAMA AS USUAL IS PLAYING GOLF AND KEEPING UPDATED ON THE QUAKE AS HE PLAYS.IS THIS KENYAN MUSLIM FRAUD BARRY SOETORO INTERESTED IN THE AMERICAN PEOPLE AS THE QUAKE DAMAGE IS EVALUATED..........NO,HE WOULD RATHER KEEP OCCUPIED ON THE GOLF COURSE.

GET THIS FRAUD OUT OF OFFICE AND SOMEONE IN THERE THAT CARES WHAT HAPPENS TO AMERICAN CITIZENS.
http://news.yahoo.com/obama-golf-course-earthquake-strikes-200920721.html

Quake rocks Washington area, felt on East Coast
AP By BOB LEWIS - Associated Press | AP – AUG 23,11


MINERAL, Va. (AP) — A 5.9 magnitude earthquake centered in Virginia forced evacuations of all the memorials and monuments on the National Mall in Washington and rattled nerves from South Carolina to Martha's Vineyard, the Massachusetts island where President Barack Obama is vacationing.A District of Columbia fire department spokesman said there were numerous injuries, no reports of serious injuries or deaths.The U.S. Geological Survey said the earthquake was half a mile deep and centered near Louisa, Va., about 40 miles northwest of Richmond. Shaking was felt at the White House and all over the East Coast, as far south as Charleston, S.C. Parts of the Pentagon, White House and Capitol were evacuated.Two nuclear reactors at the North Anna Power Station in the same county as the epicenter were automatically taken off line by safety systems around the time of the earthquake, said Roger Hannah, a spokesman for the U.S. Nuclear Regulatory Commission.The Dominion-operated power plant is being run off of four emergency diesel generators, which are supplying power for critical safety equipment. Hannah said the agency was not immediately aware of any damage at nuclear power plants in the Southeast.

Obama and many of the nation's leaders were out of town on August vacation when the quake struck at 1:51 p.m. EDT. The shaking was felt on the Martha's Vineyard golf course as Obama was just starting a round.At the Pentagon in northern Virginia, a low rumbling built and built to the point that the building was shaking. People ran into the corridors of the government's biggest building and as the shaking continued there were shouts of Evacuate! Evacuate! The U.S. Park Service evacuated and closed all National Mall monuments and memorials. At Reagan National Airport outside Washington, ceiling tiles fell during a few seconds of shaking. Authorities announced it was an earthquake and all flights were put on hold.Amtrak said its trains along the Northeast Corridor between Baltimore and Washington were operating at reduced speeds and crews were inspecting stations and railroad infrastructure before returning to normal.In New York, the 26-story federal courthouse in lower Manhattan began swaying and hundreds of people were seen leaving the building. Court officers weren't letting people back in.

More than 12 million people live close enough to the quake's epicenter to feel shaking, according to the U.S. Geological Survey. The agency said this quake was in the yellow alert category for economic damage, meaning there was potential for local damage but it would add up to far less than 1 percent of the country's gross domestic product.East Coast earthquakes are far less common than in the West, but they tend to be felt over a broad area. That's because the crust is not as mangled and fractured, allowing seismic waves to travel without interruption.The waves are able to reverberate and travel pretty happily out for miles, said U.S. Geological Survey seismologist Susan Hough.The Virginia quake came a day after an earthquake in Colorado toppled groceries off shelves and caused minor damage to homes in the southern part of the state and in northern New Mexico. No injuries were reported as aftershocks continued Tuesday.In Charleston, W.Va., hundreds of workers left the state Capitol building and employees at other downtown office buildings were asked to leave temporarily.The whole building shook, said Jennifer Bundy, a spokeswoman for the state Supreme Court.You could feel two different shakes. Everybody just kind of came out on their own.In Ohio, where office buildings swayed in Columbus and Cincinnati and the press box at the Cleveland Indians' Progressive Field shook. At least one building near the Statehouse was evacuated in downtown Columbus.In downtown Baltimore, the quake sent office workers into the streets, where lamp posts swayed slightly as they called family and friends to check in.Social media site Twitter lit up with reports of the earthquake from people using the site up and down the U.S. eastern seaboard.People pouring out of buildings and onto the sidewalks and Into Farragut Park in downtown DC..., tweeted Republican strategist Kevin Madden.

John Gurlach, air traffic controller at the Morgantown Municipal Airport was in a 40-foot-tall tower when the earth trembled.There were two of us looking at each other saying, What's that? he said, even as a commuter plane was landing.It was noticeably shaking. It felt like a B-52 unloading.Immediately, the phone rang from the nearest airport in Clarksburg, and a computer began spitting out green strips of paper — alerts from other airports in New York and Washington issuing ground stops due to earthquake.

5.9 quake hits East Coast; Pengaton, Capitol buildings evacuated Reuters – AUG 23,11 2:12PM

WASHINGTON (Reuters) - A magnitude 5.9 earthquake struck the East Coast from Virginia to at least Boston on Tuesday, the U.S. Geological Survey said.The earthquake was centered in Mineral, Virginia, which is 92 miles southwest of Washington, D.C., the U.S. Geological Survey said.The quake was initially reported at 5.8 magnitude.The quake had a very shallow depth of 0.6 miles.The Pentagon and Capitol Building in Washington were evacuated, as were courthouses in New York City. The earthquake sent Washington office workers scurrying into the streets.A Reuters witness said the quake was felt as far away as Toronto, Canada.

MORE ROCKETS FIRE ON ISRAEL

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 AUGUST 23,2011

09:30 AM +2.43
10:00 AM +67.44
10:30 AM +119.55
11:00 AM +120.07
11:30 AM +124.43
12:00 PM +209.72
12:30 PM +194.44
01:00 PM +230.31
01:30 PM +205.07
02:00 PM +165.03
02:30 PM +183.84
03:00 PM +220.34
03:30 PM +304.61
04:00 PM +322.11 11,176.76

S&P 500 1162.35 +38.53

NASDAQ 2446.06 +100.68

GOLD 1,827.70 -64.10

OIL 85.68 +1.26

TSE 300 12,338.30 +270.00

CDNX 1760.87 -5.89

S&P/TSX/60 704.27 +17.56

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +59 points at 4 minutes of trading today.
Dow -0.07 points at low today.
Dow +241 points at high today so far.
GOLD opens at $1,872.40.OIL opens at $84.21 today.

AFTERNOON,NEWS,STATS
Dow -0.07 points at low today so far.
Dow +241 points at high today so far.

WRAPUP,NEWS,STATS
Dow -0.07 points at low today.
Dow +322 points at high today.

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

Ratings agency says EU bailout deal faces fresh risks
Today AUG 23,11 @ 09:27 By Andrew Rettman


Ratings agency Moody's has warned the EU's new bailout package for Greece could unravel over demands for loan collaterals. EU anti-crisis measures are also facing fresh political risks in Germany and Italy.The US-based ratings agency in a note on Monday (22 August) predicted other eurozone countries will reject a deal between Finland and Greece for Athens to put around €600 million in an escrow account in case it is unable to pay back Helsinki's part of its second bailout.Moody's added that the escalating dispute over collateral poses questions about the eurozone's broader ability to handle the crisis.A proliferation of collateral agreements would ... imply that the some euro-area countries would bear disproportionately large shares of the risk associated with the provision of financial support ,it said.We expect other euro-area members to ultimately reject the Finland-Greece deal ... but the message sent by the calls for such agreements confirms that Europe is conflicted over the very decision to provide financial support to its members, not just the amount of support.Finnish Prime Minister Jyrki Katainen has warned that if the collateral deal is thrown out, Finland will not sign up to the second Greek bailout.

Katainen's position, which has already seen Austria, the Netherlands and Slovakia explore possibilities for their own collateral arrangements with Greece, attracted criticism from Dutch finance minister Jan Kees de Jager on Monday.The Netherlands is no supporter of this proposal ... It is not compatible with the principle of equal treatment of all euro countries, de Jager said in an open letter to the Dutch parliament.The potential proliferation of collateral requests is not the only emerging risk to the EU's self-imposed deadline to get the new bailout arrangements ratified by all 17 eurozone countries by the end of September.The German central bank in its latest monthly report indicated that the eurozone deal, which also involves provisions for the EU bailout fund, the EFSF, to buy bonds from struggling euro economies, might breach German law by marking a new surrender of sovereign fiscal powers to Brussels.Far-reaching extra risks will be shifted to those countries providing help and to their taxpayers, and entail a large step towards a pooling of risks from particular EMU [European Monetary Union] states with unsound public finances, the Bundesbank said.Unless there is a fundamental change of regime involving a far-reaching surrender of national fiscal sovereignty, it is imperative that the no bail-out rule – still enshrined in the treaties - should be strengthened by market discipline, rather than fatally weakened.The bank's statement lends weight to a legal challenge to the bailout deal filed in Germany's constitutional court ahead of the judge's verdict, due in the coming weeks.For their part, regional authorities in the Hessen lande have threatened to invoke a special mediation mechanism between the German parliament and the regional assembly, the Bundesrat, to examine the implications of the EU bailout deal in a move which could delay German ratification.I am not going to support a mechanism today that binds the hands of generations of politicians,Hesse's jutsice minister, Joerg-Uwe Hahn, said in a letter to MPs.

In Italy a fresh political rift between Prime Minister Silvio Berlusconi and his coalition partner, Umberto Bossi, the head of the nationalist Northern League party, has also cast doubt on parliamentary approval of Rome's proposed new €45 billion austerity package.Bossi's party on Monday drafted changes to the proposed cuts one day before the Italian senate is due to hold initial talks on the deal, calling to scrap a planned increase in Value Added Tax and in Italy's retirement age.Bossi also angered Berlusconi by predicting that Italy is destined to split into two, with the rich industrialised north leaving the south to its own problems.I am sorry, this time, to not agree with my friend Umberto Bossi. I am deeply convinced that Italy will always exist, the Berlusconi said in a rare public disagreement with the Northern League chief.

Italy: Is there a way out of the woods?
Today AUG 23,11 @ 09:32 By Vincenzo Scarpetta


Following recent market panic, the European Central Bank’s (ECB) decision to step in and buy Italian bonds has given Rome some breathing space. Market fears were driven by a frightfully simple prospect: if Italy, the EU’s fourth largest economy, goes, so does the euro.To avoid the worst, Italy now has one, possibly final, chance to push for radical economic reform and break its chronic growth problem. Failing this, Silvio Berlusconi & Co. may have to plan for a future outside the single currency.
Italy’s economic problems have been well documented: a gigantic public debt coupled with an embarrassingly low growth rate and an ageing population. These problems are not new - they are structural.The current period of relief may prove short-lived since the ECB’s lifeline comes with a likely cut-off date. Italy is simply too big to bail. With its gigantic €1.8 trillion public debt, neither the ECB nor foreign governments can guarantee Italy’s finances in the long-term.To shelter Italy from the markets, eurozone taxpayers would have to underwrite hundreds of billions of Italian public debt, either via the ECB or the EFSF (the eurozone’s bailout fund). An increase on that scale would face insurmountable opposition in the German, Dutch, Finnish and Slovakian parliaments.This means that, for all the talk of European solidarity, Italy is left to its own devices. But it won’t be easy. Italy is stuck in the all too familiar situation of having an overvalued currency and inappropriate interest rates (ideally they should be close to zero now, not the ECB’s 1.5%) due to the single currency’s one-size-fits all monetary policy. Therefore, it needs to cut deeper and harder than, say, the UK to convince markets of the long-term viability of its debt burden – the unfortunate cost of sharing a currency with the likes of Germany.

So can Italy get back on the path to economic growth and show the world that it belongs inside the eurozone? Well, the game isn’t up for Palazzo Chigi quite yet - but time is quickly running out.Pressured by both the ECB (who wanted some concrete austerity measures in return for buying Italian bonds) and the markets, Berlusconi and the Economy Minister Giulio Tremonti have committed to achieving a zero deficit by 2013 rather than 2014 as originally planned, through additional savings worth €45.5 billion. This is welcome, but now the key is to first get this new austerity package adopted by the Italian parliament and then, most importantly, implement it properly and push for pro-growth reforms. As we know all too well from Greece, it’s one thing to pass an austerity package - another to put it into practice.
Colossal challenges.If Italy is to get out of the woods, several things need to happen - and all of them throw up colossal challenges.Berlusconi has to go: His premiership has descended into farce and his coalition government gets wobblier by the day, hostage to the sometimes ludicrous demands of the Lega Nord. When he addressed Italian MPs on the eurozone crisis, Berlusconi looked tired, powerless, sometimes disoriented. Unfortunately, Il Cavaliere seems determined to stay. Everyone will be the worse for it.But Italy’s future is on the centre-right: Alas, the opposition is not in much better shape than Berlusconi’s rag tag coalition, with any centre-left government likely to have to rely on several small post-communist parties to get a majority in parliament - hardly a recipe for the successful labour market liberalisation that Italy so desperately needs.Get the regions on board: The two austerity packages unveiled in less than a month have been with resistance from Italy’s regional administrations, which will be heavily affected by the proposed cuts to transfers from central government. As in Spain, a strategy needs to be put in place to convince the regions that these cuts are necessary.

Freeing up the labour market is essential: Radical reform of the labour market should be the top priority for any Italian government. Firing and hiring simply has to become far easier, which in turn lowers barriers to entering the job market. In addition, the tax burden on businesses should be reduced, particularly on SMEs where Italy’s economic strength lies. At the end of the day, Italy cannot live on austerity alone. It’s these kinds of reforms that will win investors’ confidence.
Stay the course: Having decided to bring forward the balanced budget target, the Italian government will most likely need to further dip into pensions. This is a huge challenge which will make the government even less popular. The opposition is now pushing the narrative that Italy is under the thumb of the EU, with key decisions being taken not in Rome, but in Berlin, Frankfurt and Brussels. As elsewhere in Europe, such a message is political dynamite. But the government needs to stay the course. If there’s one advantage to Berlusconi’s growing unpopularity, it’s that he can push through the necessary reforms.There are a range of other things that need to happen. Not least, there needs to be a way to boost domestic demand, particularly with Italian exports losing ground on the world stage.Will all these reforms take place? We shall see. But both Italy and Europe need to be fully aware of the consequences of Rome failing to deliver deep-rooted and necessary change. It’s time to finally bite the bullet or Berlusconi may soon have to add yet another, less than flattering point of note to his CV: bringing down the eurozone.
The author is a researcher at Open Europe, an independent think-tank based in London and Brussels, which calls for reform of the EU.

UN bureau passes EU resolution on Syria
Today AUG 23,11 @ 11:44 By Andrew Rettman


The UN Human Rights Council in Geneva Tuesday passed by 33 votes against nine with four abstentions an EU-sponsored resolution calling for a UN commission of enquiry to urgently go to Syria to investigate reports of atrocities. Top UN rights official Pillay said 2,200 Syrians have been killed so far.

EU donates additional €115mn to Palestinians
Today AUG 23,11 @ 09:36 By EUobserver


The EU on Monday announced an additional €115 million aid package to the Occupied Palestinian Territory for state-building, water-management and sanitation. This support shows clearly the EU's standing commitment to the two-state solution, by supporting those institutions which will help to form the Palestinian state, enlargement commissioner Stefan Fuele said.

EU Globalisation Fund activated in nine countries
Today AUG 23,11 @ 09:39 By EUobserver


Some 23,700 workers dismissed due to the global economic crisis received help from the European Globalisation Adjustment Fund last year, according to a European Commission report released on Monday. A total €83.5 million was paid out via the fund to benefit workers in nine countries.

Fenton Against Beck's Rally: Jerusalem is Jewish, Not Christian-Mina Fenton, former Jerusalem councilwoman, opposes Glenn Beck’s pro-Israel rally. It strengthens the Christian claims to Jerusalem.by Elad Benari Published: 23/08/11, 3:17 AM

Mina Fenton, a former Jerusalem city councilwoman, said Monday that she is against American broadcaster Glenn Beck’s planned show of support for Israel this coming Wednesday.Fenton is known for her outspoken criticism of Evangelical Christian aid to Israel, claiming that missionary motives are behind their donations to institutions and families.Beck, a staunch supporter of Israel who has visited the country several times, will hold a Restoring Courage rally near the southern wall of Jerusalem’s old city on August 24. The event will also be attended by Christian supporters of Israel.The exclusivity for the source of holiness of the Temple Mount, the site of the Temple and the city of Jerusalem belongs to the Jews, and was so for about 1,700 years before anyone even heard of the idea of Christianity, Fenton told Arutz Sheva.Holding a Christian event near the southern wall will help in strengthening the Christian Returning to Zion project that any Christian organization that respects itself initiates. They actually say that this area belongs to them,she added.Fenton said that she enlisted rabbis from all sectors of the Jewish population to voice their opposition over Jews participating in Beck’s event. She said that among the rabbis who joined her cause were Rabbi Yosef Shalom Elyashiv, Rabbi Kook, Rabbi Avigdor Nebenzahl, Rabbi Dov Lior, Rabbi Elyakim Levanon, Rabbi Shlomo Aviner and Rabbi Elchanan Bin Nun.Fenton told Arutz Sheva that the intervention by the rabbis resulted in Chief Rabbi Yona Metzger, who previously expressed his support for the rally, canceling his participation as well as that of a choir of cantors from Jerusalem’s Great Synagogue.

Inflaming the thousands of Christian listeners who listen to Glenn Beck, who is a Mormon, is done by bringing in Christian elements and highlighting their importance, she said. It’s important to Beck that Christians feel, as he does, the spiritual exaltation and sense of belonging, but we must not forget that we have sovereignty in the city of Jerusalem and that the holy places are ours and not theirs. It is just a matter of time before the Christians expect some sort of reward in return for their support. There are no free gifts and no free gestures.Fenton added, The Christians in Israel feel as though they are saviors, or consolers without whom we cannot survive. Look at the event which was held in Caesarea this week. It was meant for Christians only. Glenn promised them a special spiritual experience. He mentioned Jesus, Paul, Pontis Pilate and the historic relationship to Caesarea during Roman rule. What connection does this kind of event have to Jews? Fenton’s comments are similar to ones recently made by Moshe Feiglin, head of the Jewish Leadership faction inside the Likud party.Feiglin recently related that he had decided to turn down an invitation to a reception for Beck in eastern Jerusalem.I must admit that when a friendly non-Jew starts to quote the Bible, I get a bit nervous, he wrote. It is not just the long history of anti-Semitism that has developed a genetic mutation in the noses of Jews, giving them great sensitivity to anything that smells of Christianity - but also my own personal experience with avowed lovers of Israel and the settlers who took great pains to mask their Christian motives.

Christian Zionists Seek to Judaize Jerusalem, Says Arab MK-Glenn Beck effect? MK Ibrahim Sarsour openly calls upon Arab League, OIS, to wage jihad for Jerusalem.by Gil Ronen Published: 23/08/11, 3:04 PM

MK Ibrahim Sarsour, the head of the Ra'am Ta'al Arab party, urged Arab and Muslim leaders to wage war on Israel in a letter Monday. He cited Christian Zionists as one of the elements conspiring to Judaize Jerusalem.The letter was written to the Secretary General of the Arab League and to the Secretary General of the Organization for Islamic Cooperation on the 42nd anniversary of the crime of the burning of Al Aqsa mosque. This refers to the attempt in 1969 by deranged non-Jewish Australian Dennis Michael Rohan to burn down the mosque.Sarsour wrote that The greatest danger to Al Quds [Jerusalem – Ed.] is and will remain the Israeli occupation, and there is no security to the Islamic and Arab character of Al Quds other than its liberation from the grip of the occupation and its return as a sister to holy Mecca and Medina.Israel seeks to Judaize the Holy Basin and this effort receives unlimited aid from the government of Israel, world Jewry and Christian Zionism, he added.In a call for direct action to liberate Jerusalem, Sarsour used Arabic-Muslim shorthand that carries clear meanings for Arabic speakers. Just as Al Quds issued a call to arms to its Ummah [Islamic nation] in the past, and the Ummah rose up in a permanent jihad until it liberated it [Jerusalem], so today it [Jerusalem] calls up that same Ummah. Will there be found in it those who were found in the past [and waged jihad]? In the matter of the responsibility [to liberate Al Quds] none of the Islamic Arab leaders shall escape this question, both in terms of history and in the afterworld. You must make [military] preparations for this answer.
Rants by Arab MKs regarding the Judaization of Jerusalem are common but Sarsour's mention of Zionist Christians is a deviation from the regular formulas and could be a reaction to events being organized by Glenn Beck.

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.

Rocket Fire Continues on Southern Israel During Terrorist Truce-Southern Israel came under rocket fire once again for a fifth night despite claims by Gaza terrorists they were committed to a ceasefire.by Chana Ya'ar Published: 23/08/11, 12:55 AM

Southern Israeli cities came under rocket fire again for a fifth night despite claims by Gaza terrorists they were committed to a ceasefire. Residents in the coastal city of Ashkelon found themselves racing for cover several times throughout the night Monday as the Color Red air raid siren blared its warning, starting in the early evening. Two medium-range Grad Katyusha missiles, fired by terrorists in northern Gaza, exploded in the Hof Ashkelon Regional Council district at around 7:40 p.m. local time. Both landed in open areas, although one set off a large brush fire in a field that quickly ignited due to the dry summer heat.A third rocket attack was launched at about 10:00 p.m. The missile landed in an open area in the Ashkelon Regional Council district. Another one followed about two hours later, right around midnight, also in the area of the coastal city. The Color Red air raid siren blared a warning alert each time.No damage or physical injuries were reported.

However, the necessity of racing for shelter late at night creates an especially difficult time for families with children or other relatives who are elderly or unwell, noted Hana Levi Julian, LCSW-R, a behavioral psychotherapist.This comes not only due to the nocturnal disruption in the body's circadian rhythm but also due to the sudden spike in adrenalin that results from the body's response to the alert siren. The cumulative effect of such stimuli are especially damaging to children, whose bodies and minds are in the formative stages of life, she commented.Earlier in the day, a rocket struck an empty building in the Eshkol Regional Council district as well. No physical injuries were reported in any of the attacks.The Popular Resistance Committees (PRC) terrorist group had announced earlier Monday in a statement on its website that it would adhere to a Hamas-led ceasefire. However, more than a dozen rockets were fired Sunday night after the so-called truce was imposed.No Gaza-based group took responsibility for the attacks.A deadly Grad Katyusha missile barrage on Be'er Sheva Saturday evening left a 38-year-old man dead and eight others seriously wounded. Ofakim was also targeted, as were numerous other southern Israeli cities and communities. Nearly 40 people were hospitalized due to severe anxiety.

Qaddafi is gone... it’s now your turn, Bashar-Gunmen loyal to Syrian president Bashar Assad killed 10 during protests in which demonstrators chanted he would follow in Qaddafi's steps.by Gavriel Queenann Published: 23/08/11, 5:12 PM

Gunmen loyal to Syrian President Bashar Assad killed at least 10 during demonstrations as the protesters, emboldened by rebel success in Libya, called for Assad to bow to international pressure to resign.Mass arrests were reported in the eastern city of Deir al-Zour, and authorities also carried out arrests in other cities, according to rights activists. Security forces conducted raids in Hama, deployed tanks in Deir al-Zour, and positioned forces around Damascus, Al Jazeera television reported.Assad has used tanks, armored vehicles, artillery, helicopters, and even warships to crush the most serious threats to his family’s 40-year rule. The demonstrations began in mid-March in the southern town of Daraa after revolts ousted the leaders of Tunisia and Egypt and sparked a conflict in Libya that is inexorably grinding its way to a Qaddafi-free future.Qaddafi is gone, gone and it’s now your turn, Bashar, the London-based Asharq al-Awsat newspaper quoted Syrians as chanting.At least 10 protesters died yesterday in Hama, Homs, Aleppo and the southern area of Daraa, where rallies against Assad’s rule began. The United Nations Human Rights Council today ordered a probe into Syria’s crackdown on anti-government protesters, including possible crimes against humanity.The council condemned continued grave and systematic human-rights violations by Syrian authorities, such as arbitrary executions, excessive use of force and the killing and persecution of protesters and human-rights defenders.The resolution to urgently dispatch an independent international commission of inquiry to investigate violations of international human-rights law in Syria since July 2011 passed in Geneva by a 33-4 vote, with nine abstentions, on the second day of a special session on Syria.The European Union, the U.S. and Arab countries including Saudi Arabia sponsored the resolution; while China, Russia, Cuba and Ecuador voted against the resolution while India, Mauritania, Angola, the Philippines, Cameroon, Uganda, Bangladesh, Djibouti and Malaysia abstained.Assad informed UN Secretary-General Ban Ki-moon on Aug. 18 that security operations targeting civilians had stopped. A day later an estimated 40 protesters were killed in Homs, Daraa and a suburb of Damascus, according to rights activists.

It’s troubling that he has not kept his word, Ban told reporters yesterday in New York.Assad, who succeeded his father as president after his death in 2000, said security has improved and that Syrian forces had foiled efforts to undermine the country. He has blamed the protests on foreign-inspired plots.Assad, in an interview on state television from Damascus on Aug. 21, rejected US and European demands to step down and pledged to schedule parliamentary elections by February and review the constitution. He called the US. and.European nations colonialist powers that want to violate Syria’s sovereignty. Assad has also blamed the protests on Israel saying they were a Zionist plot.The UN puts the civilian death toll in Syria at more than 2,200.

Islamist Cleric: Meet an Israeli? Kill Him-Muslim Brotherhood cleric declares ordinary Egyptians should kill Zionists they meet.by Gil Ronen Published: 23/08/11, 4:13 PM

A senior cleric in the Egyptian Muslim Brotherhood has declared that ordinary Egyptians are obligated to kill Zionists whom they encounter. According to Arutz Sheva Arab affairs expert Dalit Halevy, the pronouncement is part of a general wave of incitement that directly endangers Israelis who are currently in Egypt.This follows Muslim Brotherhood calls to end the peace treaty with Egypt and threats to kill Israel's ambassador if he does not leave the country. Although there are many benefits for Egypt if it continues its relations with Israel, not the least of which is continued American aid, that is not always what counts in the MIddle East where hatred is often stronger than logic.Dr. Salah Sultan, a lecturer on Islamic law in Cairo University and head of the Al Quds Committee in the World Federation of Islamic Scholars, declared Friday that an Egyptian citizen who encounters a Zionist should kill him. This should be done because Israel killed the Camp David Accord, he explained. Sultan said that Israel provokes Egypt by pointing its jet fighters at Egyptian soldiers.Sultan spoke at a protest outside Israel's Cairo embassy, before about 200 members of the Freedom and Justice Party (a front for the Islamic Brotherhood), the Islamic Brotherhood movement, and other extreme groups.In an April interview Sultan said that the liberation of Palestine will come from Tahrir Square.

When the Crusaders invaded Jerusalem, the liberation began from Egypt, he said. Similarly, when Mongols reached Syria in the 13th century CE, Egyptians were the ones who organized and blocked them. The next campaign [against Israel] will be launched from Egypt,he said.

Abbas Delays Democratic Elections – Again-Abbas, who serves as PA chairman two years beyond his term, now delays local elections for third time and without setting a new date.by Tzvi Ben Gedalyahu Published: 23/08/11, 1:46 PM

Palestinian Authority Chairman Mahmoud Abbas, who has served as chairman of the PA two years beyond his term, now has delayed local elections for third time and without setting a new date.According to the PA constitution, Abbas’s term ended two years ago, and Hamas has latched on to the lack of a new vote as just cause for considering the Ramallah-based PA illegitimate.Hamas threw Fatah out of Gaza four years ago in a bloody terrorist militia coup, a year after the Iranian-funded and Syria-based terrorist organization won a majority in the PA legislature’s first and only elections, startling the United States, which had encouraged and even supervised the vote.The U.S. Secretary of State Condoleezza Rice had trumpeted the elections as heralding a new age of democracy in the Muslim world.That new age still is in the future, possibly a far distant future.Abbas originally scheduled municipal elections in July of last year, but Hamas said it would boycott the vote in Gaza. Holding a ballot without Gaza would explode the whole theory of a Palestinian Authority that can govern itself.The elections were postponed until July 9 and then again to October.Abbas said Monday night, We have decided to postpone the local elections until better conditions are available and to enable the election commission to work in all parts of the country, the Associated Press reported.

Attempts by Hamas and Fatah leaders to reach a unity have failed despite public pledges of an accord earlier this year.Polls have shown that Fatah would defeat Hamas, but Abbas is losing popularity as he fails to meet expectations he has raised that the PA will become an independent state without compromising any of its demands, including sovereignty over the Temple Mount and other areas of northern, southern and eastern Jerusalem.

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.

Break Up the Quartet,Says ZOA-Disband the Quartet – UN, EU. US and Russia – because of its bias against Israel, says the Zionist Organization of America (ZOA).by Tzvi Ben Gedalyahu Published: 23/08/11, 1:08 PM

The Quartet of the United Nations, European Union, United States and Russia should be disbanded because of its bias against Israel, says the Zionist Organization of America (ZOA).The ZOA said the last straw was the Quartet’s statement last week that criticized Israel for approving new homes in United Jerusalem and Samaria (Shomron) while omitting any reference to constant Palestinian Authority violations of previous agreements.In view of the Quartet’s long-standing bias against Israel, as evidenced in its 2003 Roadmap peace plan, which virtually discarded the Oslo requirement of Palestinian compliance and which aims to create a Palestinian state led by an unreformed, extremist, terror-supporting PA, the ZOA has called for its disbanding, the ZOA stated.It pointed out that it is not alone in its view.Former Deputy National Security Advisor, Elliott Abrams, also called for breaking up the Quartet. He said, The last time the Middle East Quartet met, on July 11, it was unable even to issue a statement about the key issue before it – the Palestinian effort to get the UN General Assembly and Security Council to declare Palestine a state and admit it to membership. Nor has the Quartet been able to issue a statement about the attacks the Assad regime has been carrying out this week against Palestinian refugee camps in Syria, which have led thousands of Palestinians to flee their homes.But it did on August 16 get itself organized to address what it apparently saw as a graver issue and a greater threat to peace, Israel’s announcement of plans to construct additional housing units in Jerusalem and Ariel, a large city in central Samaria.Abrams added, Nowadays the Quartet seems able to reach agreement on only one thing: criticism of Israel.

ZOA National President Morton A. Klein said,The ZOA has watched for years, hoping an elementary sense of responsibility and decency would lead the Quartet to hold the Palestinians to their never-fulfilled obligations to arrest terrorists, outlaw terrorist groups and end the incitement to hatred and murder in the PA-controlled media, mosques, schools and youth camps that feed terrorism. Instead, as in its latest statement, it fixates on Jews seeking to build homes in Judea, Samaria and eastern Jerusalem and finds this a threat to peace.Noting the PA's continuing incitement of terrorism, in direct violation of written commitments to stop terror and incitement, Klein added, In recent days, PA-controlled TV has approvingly interviewed a Palestinian mother proud of the fact that her son became a terrorist bomb-maker who wanted to marry 'the seventy' virgins promised for a Muslim martyr in paradise.It also broadcast a program stating that the Western Wall plaza, dedicated to Jewish prayer at the Western Wall, will one day be replaced by a new Arab neighborhood. Also, the official PA daily newspaper has again denied Jewish history by referring to the Jerusalem Temple as an alleged Temple.

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.

THE FIRST JUDGEMENT OF THE EARTH STARTED WITH WATER-IT ONLY MAKES SENSE THE LAST GENERATION WILL BE HAVING FLOODING
GENESIS 7:6-12
6 And Noah was six hundred years old when the flood of waters was upon the earth.
7 And Noah went in, and his sons, and his wife, and his sons’ wives with him, into the ark, because of the waters of the flood.
8 Of clean beasts, and of beasts that are not clean, and of fowls, and of every thing that creepeth upon the earth,
9 There went in two and two unto Noah into the ark, the male and the female, as God had commanded Noah.
10 And it came to pass after seven days, that the waters of the flood were upon the earth.
11 In the six hundredth year of Noah’s life, in the second month, the seventeenth day of the month, the same day were all the fountains of the great deep broken up, and the windows of heaven were opened.
12 And the rain was upon the earth forty days and forty nights.
GOD PROMISED BY A RAINBOW-THE EARTH WOULD NEVER BE DESTROYED TOTALLY WITH A FLOOD AGAIN.BUT FLOODIING IS A SIGN OF JUDGEMENT.

Hurricane Irene Spotted From Space
SPACE.com OurAmazingPlanet Staff
Space.com – Tue Aug 23, 7:30 am ET


Hurricane Irene, the first hurricane of the 2011 Atlantic hurricane season, was seen from space today (Aug. 22) as it roared past Puerto Rico.Irene formed as a tropical storm east of the Leeward Islands on Aug. 20. By early Aug. 22, the storm had strengthened to a Category 1 hurricane. The U.S. National Hurricane Center (NHC) reported that Irene had maximum sustained winds of 80 mph (130 kph), with higher gusts. The storm was located about 150 miles (240 kilometers) west-northwest of San Juan, Puerto Rico.The Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA’s Terra satellite captured this natural-color image at 11:20 a.m. local time (15:20 UTC) on Aug. 22. Storm clouds cover part of the Dominican Republic, and all of Puerto Rico. [See satellite photos of Hurricane Irene]

As of Aug. 22, Irene had cut power to more than a million residents of Puerto Rico, according to ABC News. The Miami Herald reported that heavy rains had pushed at least five rivers over their banks on the island. Citing continuing rains, downed power lines, and potential landslides, the Puerto Rico governor urged residents to stay indoors.Moving westward to the island of Hispaniola, Irene menaced the Dominican Republic and Haiti. The storm’s worst winds and rains remained north of the island, reducing the threat of deadly flooding, according to news reports. Nevertheless, authorities worried about approximately 600,000 Haitians still living in Port Au Prince tent cities after the 2010 earthquake. [Weirdo Weather: 7 Weird Weather Events]The NHC reported that a hurricane warning was in effect for the north coast of the Dominican Republic, the southeastern Bahamas, and the Turks and Caicos Islands. A hurricane watch was in effect for the north coast of Haiti. Irene was moving toward the west-northwest at roughly 12 mph (19 kph), and was expected to continue in that direction for the next day or two.Five-day projections released by the NHC on Aug. 22 showed Irene heading for the continental United States, potentially making landfall in Florida, Georgia or the Carolinas.Irene is the first hurricane for what has been forecast to be an active season. The National Oceanic and Atmospheric Administration (NOAA) updated its forecast on Aug. 4, predicting 14 to 19 named storms (which include tropical storms and hurricanes), seven to 10 hurricanes and three to five major hurricanes (Category 3 or higher). An average Atlantic hurricane season will see 11 named storms, six hurricanes and two major hurricanes. August through October are the peak months of the Atlantic hurricane season.

Monday, August 22, 2011

USAMA CEMENT SHOES KILLING OF USAMA IS FRAUD-STRATFOR

Stratfor disputes OBL killing in Abbottabad
By: Azhar Masood | Published: August 19, 2011


ISLAMABAD - Globally recognised intelligence and forecast STRATFOR has rejected the US Central Intelligence Agency claim that the man killed in Abbottabad’s compound by US Naval SEALs was al-Qaeda chief Osama bin Laden. This was one of the reasons the CIA kept Pakistan’s premier intelligence agency Inter-Services Intelligence (ISI) in dark.The STRATFOR says: The possibility that bin Laden was already dead and in terms of his impact on terrorist operations, he effectively was. That does not mean, however, that he was not an important ideological leader or that he was not someone the United States sought to capture or kill for his role in carrying out the most devastating terrorist attack in the US history.In its latest intelligence gathering, the STRATFOR claims that aggressive US intelligence collection efforts have come to fruition, as killing of Osama bin Laden was perhaps the top symbolic goal for the CIA and all those involved in the US covert operations. Indeed, President Obama said during his speech on May 1 that upon entering the office, he had personally instructed CIA Director Leon Panetta that killing the al-Qaeda leader was his top priority. The logistical challenges of catching a single wanted individual with Bin Laden level of resources were substantial and while 10 years, the United States was able to accomplish the objective it set out to do in October 2001.
Because of bin Laden’s communications limitations, since October 2001 when he fled Tora Bora after the US invasion of Afghanistan, he has been relegated to a largely symbolic and ideological role in al-Qaeda. Accordingly, he issued audiotapes on a little more than a yearly basis, whereas before 2007 he was able to issue videotapes.The growing infrequency and decreasing quality of his recorded messages was the most notable when al-Qaeda did not release a message marking the anniversary of 9/11 in September 2010 but later followed up with a tape on January 21, 2011.

The bottom line is that from an operational point of view, the threat posed by al-Qaeda - and the wider jihadist movement - is no different operationally after his death.The killing of al-Qaeda leader Osama bin Laden represents possibly the biggest clandestine operations success for the United States since the capture of Khalid Sheikh Mohammed in 2003, it claimed.The confirmation of his death is an emotional victory for the United States and could have wider effects on the geopolitics of the region, but bin Laden’s death is irrelevant for al-Qaeda and the wider jihadist movement from an operational perspective.The operation that led to bin Laden’s death at a compound deep in Pakistan is among the most significant operational successes for the US intelligence in the past decade.An important local source told this scribe: If it was not the case why all the evidences leading to the confirmation of Laden’s death were eliminated. His was never subjected to postmortem. Neither the DNA was collected nor it was matched.Another important source conceded: How come one of the wives of bin Laden, Hamal, who remained in the custody of Iranian Intelligence and hidden mole of US intelligence community made her way to Abbottabad. Hamal never appeared in public.Hamal has deep US connections. When she traveled from Iran to Pakistan her movements were under watch and the watchers had decided Hamal to end her journey in Abbottabad, the sources added.Senior intelligence analysts in Islamabad argue: A three trillion worth manhunt concluded very discreetly. Dead body of the man killed by SEALs had no media mention as was done by the US authorities in case of Iraq’s President Saddam.

After receiving this vital information, this scribe phoned a senior Pakistani journalist in Washington DC early Thursday. He did not rule out latest findings on this subject saying: Why the CIA was in hurry to remove all possible evidences of the bin Laden’s killing who dominated world politics for over a decade? The Washinton-based journalist termed the crash of US Army’s Chinook helicopter and killings of over 36 US Naval SEALs as a part of the effort to finish left over evidence which could lead to facts of May 2 US action in Abbottabad.The STRATFOR further states the primary threat is now posed by al-Qaeda franchise which can attempt to stage an attack in the United States or elsewhere in retribution for bin Laden’s death, but they do not have training or capabilities for high-casualty transnational attacks.Pakistan’s former spymaster Lt Gen (r) Hamid Gul told TheNation they never challenged credence of the STRATFOR. I agree with the latest intelligence gathering about May 2 operation’s follow up. This remains one of the reasons the CIA never informed its Pakistan counterpart ISI when it decided to kill a fake bin Laden, he said.

Bin Laden’s corpse has been on ice for nearly a decade: EU Times
May 4, 2011 THE NATION


Hameed Gul is a retired Pakistani Army three star general known for heading the Inter-Services Intelligence (ISI), the premier Pakistani intelligence agency, after the Soviet-Afghan War.The timing was incredible! By mid May 2011, the US Army was set to be thrown out of Pakistan by the Pakistani government and just weeks before that, bang! They’ve found and killed Osama Bin Laden which was able to hide since 2001.A multitude of different inside sources both publicly and privately, including one individual who personally worked with Bin Laden at one time, told us directly that Osama’s dead corpse has been on ice for nearly a decade and that his death would only be announced at the most politically expedient time.That time has now come with a years-old fake picture being presented as the only evidence of his alleged killing, while Bin Laden’s body has been hastily dumped into the sea to prevent anyone from finding out when he actually died.In April 2002, over nine years ago, Council on Foreign Relations member Steve R. Pieczenik, who served as Deputy Assistant Secretary of State under Henry Kissinger, Cyrus Vance, and James Baker, told the Alex Jones Show that Bin Laden had already been dead for months.Pieczenik would be in a position to know such information, having worked directly with Bin Laden when the US was funding and arming the terror leader in an attempt to drive the Soviets out of Afghanistan in the late 70′s and early 80′s (a documented historical fact that talking heads in the corporate media are actually denying today in light of developments).I found out through my sources that he had had kidney disease. And as a physician, I knew that he had to have two dialysis machines and he was dying,Pieczenik told Jones during the April 24, 2002 interview.And you could see those in those films, those made-up photos that they were sending us out of nowhere. I mean, suddenly, we would see a video of bin Laden today and then out of nowhere, they said oh it was sent to us anonymously, meaning that someone in the government, our government, was trying to keep up the morale on our side and say oh we still have to chase this guy when, in fact, he’s been dead for months, added Pieczenik.Pieczenik then stated that the video tape of a fat Bin Laden look alike taking responsibility for 9/11 that was released in December 2001 was such a hoax designed to manipulate people in the emotional aftermath of 9/11.

The subsequent war in Afghanistan that followed 9/11 was orchestrated With the agreement of the bin Laden family, knowing fully well that he would die, said Pieczenik. And I think that Musharraf, the President of Pakistan, spilled the beans by accident three months ago when he said that bin Laden was dead because his kidney dialysis machines were destroyed in East Afghanistan.In addition to Pieczenik, as we reported in August 2002, Alex Jones was separately told by a high level Republican source that Bin Laden was dead and that his body was being kept on ice until Osama’s death could be announced at the most politically expedient time.
When Jones asked the source if his claim was mere speculation or whether it was actually true, the source re-iterated the fact that he was being deadly serious and that Bin Laden’s corpse was physically on ice waiting to be rolled out for public consumption at the most opportune moment.Many expected that moment to be right before the 2004 election, but after Democrats began speculating about the possibility, Republicans settled instead for a fake Osama video tape that was released on the eve of the election and, according to both George W. Bush and John Kerry, was the deciding factor in a closely-fought contest. Veteran news reader Walter Cronkite labeled the entire farce a Karl Rove-orchestrated set-up.In addition to these sources, a deluge of other heads of state as well as intelligence agency professionals have gone on record over the past nine years to state their belief that Bin Laden was likely dead, after it became clear that the Al-Qaeda leader’s health was in severe decline as a result of kidney disease at the end of 2001. These include;
- Former CIA officer and hugely respected intelligence & foreign policy expert Robert Baer, who in 2008 when asked about Bin Laden by a radio host responded, Of course he is dead.
- On December 26, 2001, Fox News, citing a Pakistan Observer story, reported that the Afghan Taliban had pronounced Bin Laden dead and buried him in an unmarked grave.
- On January 18, 2002, Pakistani President Pervez Musharraf announced: I think now, frankly, he is dead.
- On July 17, 2002, the then-head of counterterrorism at the FBI, Dale Watson, told a conference of law enforcement officials that I personally think he [Bin Laden] is probably not with us anymore.
- In October 2002, Afghan President Hamid Karzai told CNN that “I would come to believe that [Bin Laden] probably is dead.
- In 2003, former Secretary of State Madeleine Albright told Fox News Channel analyst Morton Kondracke she suspected Bush knew the whereabouts of Osama bin Laden and was waiting for the most politically expedient moment to announce his capture.
- In November 2005, Senator Harry Reid revealed that he was told Osama may have died in the Pakistani earthquake of October that year.
- In February 2007, Professor Bruce Lawrence, head of Duke University’s Religious Studies program, stated that the purported video and audio tapes that were being released of Bin Laden were fake and that he was probably dead.
- On November 2, 2007, former Pakistani Prime Minister Benazir Bhutto told Al-Jazeera’s David Frost that Omar Sheikh had killed Osama Bin Laden. Shortly after she exposed Bin Laden’s 2001 death, she was assassinated.
- In March 2009, former US foreign intelligence officer and professor of international relations at Boston University Angelo Codevilla stated: All the evidence suggests Elvis Presley is more alive today than Osama Bin Laden.
- In May 2009, Pakistani President Asif Ali Zardari confirmed that his counterparts in the American intelligence agencies hadn’t heard anything from Bin Laden in seven years and confirmed I don’t think he’s alive.
In a way, the establishment had their hand forced in having to announce the death of someone whose shadowy existence had proven very useful to them in maintaining fear and uncertainty amongst the population of America and the world.The fact that the myth behind Al-Qaeda has been completely demolished and that the group, through a myriad of revelations, including Anwar Al-Alawki’s post-9/11 visit to the Pentagon, is now widely known to be a US intelligence front, perhaps now means that Al-Qaeda will be swept under the rug and a new enemy will be invented in order to legitimize the continued US military-complex domination of the globe. (The EU Times)

NATO-EU READY TO TAKE LIBYA

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 MON AUGUST 22,2011

09:30 AM +2.43
10:00 AM +138.70
10:30 AM +155.55
11:00 AM +86.84
11:30 AM +72.25
12:00 PM +18.01
12:30 PM +67.28
01:00 PM +100.70
01:30 PM +106.07
02:00 PM +78.78
02:30 PM +76.16
03:00 PM +47.45
03:30 PM +81.71
04:00 PM +37.00 10,854.65

S&P 500 1123.82 +0.29

NASDAQ 2345.38 +3.54

GOLD 1,897.10 +45.50

OIL 84.12 +1.86

TSE 300 12,068.40 +60.90

CDNX 1786.76 +1.92

S&P/TSX/60 686.71 +2.59

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +173 points at 4 minutes of trading today.
Dow +1 points at low today.
Dow +203 points at high today so far.
GOLD opens at $1,873.10.OIL opens at $84.07 today.

AFTERNOON,NEWS,STATS
Dow +1 points at low today so far.
Dow +203 points at high today so far.

WRAPUP,NEWS,STATS
Dow +1 points at low today.
Dow +203 points at high today.

GOLD ALLTIME HIGH $1,897.10 (NOT AT CLOSE)

FEMA CAMPS IN AMERICA
http://www.youtube.com/watch?v=X2leymFpeoQ&feature=player_embedded
http://www.youtube.com/watch?feature=player_embedded&v=3r_DtmP7d3s
http://www.youtube.com/watch?v=WbF9w85lD3Q&feature=player_embedded
http://www.youtube.com/watch?v=IEctkYyFzMw&feature=player_embedded
http://www.youtube.com/watch?v=lrhD_f48xoQ&feature=player_embedded
http://www.youtube.com/watch?feature=player_embedded&v=ohSuTcoL7Y4

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.

Syrian leader rejects US and EU calls for resignation
Today AUG 22,11 @ 09:46 By EUobserver


Syrian President Bashar Assad has dismissed calls from the international community that he step down. In a 40 minute interview on state television on Sunday President Assad warned foreign governments against interfering in Syrian affairs and said he makes no apology for the crackdown on protestors in the six-month-long uprising.

EU officials: Fall of Tripoli gives new life to Arab Spring Today AUG 22,11 @ 12:19 By Andrew Rettman

EU Council chief Van Rompuy and commission head Barroso in a statement on Monday said the fall of Tripoli to rebel hands should give fresh momentum to the Arab Spring amid ongoing conflicts in Israel, Syria and Yemen. The EU will keep supporting post-Gaddafi Libya, they added.

Former MK Hanegbi: Launch a Military Operation in Gaza-Tzachi Hanegbi says Israel should destroy the Iranian kingdom in southern Israel.by Elad Benari Published: 22/08/11, 2:08 AM
http://www.youtube.com/watch?v=sD3hqeog0KE&feature=player_embedded
http://www.youtube.com/watch?v=mmFmIVFpHQo&feature=related

Tzachi Hanegbi, a former MK who served as chairman of the Knesset’s Foreign Affairs and Defense Committee, called the Israeli government on Sunday to launch a large military operation in Gaza.Israel must destroy the Iranian kingdom in southern Israel. If it does not happen now it will happen in another month or two, Hanegbi told Channel 2 News on Sunday.Hanegbi, who opposed the 2005 disengagement plan from Gush Katif, said already in 2006 with the outbreak of the Second Lebanon War that the disengagement was a mistake.The Gaza disengagement was a mistake, it was interpreted as a weakness and this weakness invited an attack on Gaza and the northern border, he said back then.In a separate interview he gave to Voice of Israel radio on Sunday, Hanegbi said that there was hope that the Palestinians would grow and develop dialogue with us, but that hope was dashed. He added that the disengagement did not contribute to security and did nothing for peace.Hanegbi was a long time member of the Likud party but left in 2005 to join then-Prime Minister Ariel Sharon, who left the Likud and formed the Kadima party.My heart told me to stay in the same place where I grew up,he said then, but my logic told me to join the historical political move of the Prime Minister. My policy positions have been in continuous movement over the years.

Hanegbi was forced to resign from the Knesset last year, after the Jerusalem Magistrates’ Court ruled that in perjuring himself before the court he committed an act that constitutes moral turpitude.He had been charged with corruptly assisting in the appointment of more than 50 Likud Central Committee members and their relatives to various positions in the Ministry of Environmental Protection during the two years in which he was the minister in charge of that office. He was acquitted of these charges but found guilty of perjury committed during the trial.Hanegbi’s mother is Geula Cohen, who also served for many years as an MK for Likud and for several years was a member of the Tehiya political party, a right-wing party strongly affiliated with the Gush Emunim movement and which included prominent members of Israeli communities in Judea, Samaria, and Gaza such as Rabbi Hanan Porat and attorney Elyakim Haetzni.Cohen later re-joined Likud and while she is no longer in the Knesset, she remains active in right-wing politics. Like her son, she voiced her opposition to the disengagement plan.

Hamas Breaks Its Ceasefire 14 Times in 24 Hours-Hamas breaks its declared ceasefire 14 tines in 24 hours. Israel says the truce is one-sided and IDF continues to stop missile launches.by Tzvi Ben Gedalyahu Published: 22/08/11, 12:06 PM

Hamas has repeated its past performance of declaring a ceasefire and immediately breaking it, firing more than a dozen more rockets and mortar shells on southern Israel Sunday night and Monday morning.One rocket in the pre-dawn hours hit a building in the Eshkol region, adjacent to Gaza, causing damage but no injuries.The Israeli Security Cabinet Monday morning stated that the ceasefire is one-sided and that the IDF will continue to attack to stop missile launches. It added that Israel will respond to any more rocket and mortar shell attacks with pinpoint retaliation.

The government decision precludes a full-scale ground operation into Gaza, which the opposition Kadima party has demanded.Hamas declared the truce would go into effect Sunday night after the worst round of terrorism against Israel since the counterterrorist Operation Cast Lead campaign in the winter of 2008-2009.Hamas is trying to draw Israel into fighting in [Gaza] to weaken its [Israel’s] power in the international arena in preparation for the Palestinian statehood decree in September, a senior diplomat told Army Radio. This way Hamas will be seen as leading the way for the establishment of a Palestinian state.He said that Hamas wants an escalation despite its ceasefire announcement. The ensuing missile attacks on Israel Sunday night and Monday morning may have been an attempt to draw into an escalation.
If so, it did not work.A large-scale military operation in Gaza, one month before the United Nations discusses the Arab League petition to recognize the Palestinian Authority as in independent country, could play into PA Chairman Mahmoud Abbas’s hands as a propaganda tool against Israel.

Israel and Hamas agree Gaza truce: officials
Reuters By Nidal al-Mughrabi – Mon Aug 22, 8:27 am ET


GAZA (Reuters) – Israel and the Islamist group Hamas, which controls the Gaza Strip, have agreed to a ceasefire after five days of cross-border violence, officials said on Monday.One official who was involved in mediating talks between Israel and Palestinian factions in Gaza said the groups had reached an understanding on a truce and that the truce has started.A Palestinian official said Hamas had agreed to ensure the recognition of the ceasefire by smaller militant groups which were responsible for most of the rockets fired at Israel in the latest surge in violence.

The Israeli security cabinet met earlier Monday and decided the military would cease its strikes in the Gaza Strip if militants there halted attacks on Israel, according to an Israeli official.The fighting also sparked a diplomatic row between Israel and Egypt after five Egyptian security officers were killed as Israeli troops along the border pursued gunmen who had carried out a series of deadly attacks in Israel.Like similar arrangements in the past, the truce is not a formal agreement, but consists of each side saying it would halt hostilities if the other side did the same.Eight Israelis -- six civilians and two soldiers -- were killed Thursday when the gunmen crossed into southern Israel and opened fire on a number of vehicles on a quiet desert road. At least seven of the attackers were killed, Israel said.A total of 15 Palestinians, including five civilians, and one Israeli were killed in the subsequent cross-border air strikes and rocket attacks.Israel blamed the Popular Resistance Committees (PRC) in Gaza for the attack and killed two of its leaders and three of its militants in an air strike shortly afterwards.But it said the gunmen had entered Israel from the Sinai desert and raised doubts as to whether Egypt was able to maintain control in the border area.Egypt's cabinet, facing growing pressure for a tough response to the killing of the five Egyptian security personnel, was due Monday to discuss the growing lawlessness along the border.The PRC, whose members fired many of the rockets launched over the past few days, agreed to temporarily halt firing rockets to preserve the interest of our people, but said it remained dedicated to the goal of Israel's destruction.Israeli leaders, looking to lower tensions, have expressed regret over the Egyptian deaths and reiterated that Egypt is an important and strategic ally.They have also said they want to avoid further escalations in violence with the Palestinians, which analysts said could hurt Israel ahead of a Palestinian statehood bid next month in the United Nations.(Editing by Tim Pearce)

Assad: Obama Is The One Who Should Resign-Syrian President Bashar Assad calls in interview on Syrian state television on President Barack Obama to resign for supporting Israel.by Elad Benari Published: 22/08/11, 12:18 AM

Syrian President Bashar Assad took advantage of the interview he gave to Syrian state television on Sunday and responded to U.S. President Barack Obama’s call for him to resign by saying Obama is the one who should resign.Assad said in the interview that the U.S. stands alongside Israel who commits crimes against Arabs and Palestinians.What the West says does not interest us, Assad said.If we understand that these countries support the crimes of Israelis against the Palestinians, then we understand what this is all about.The Associated Press reported that in the interview, Assad also said he expected a parliamentary election to be held in Syria in February of 2012, along with a series of reforms that would let political groups other than his Baath party to participate.According to the report, Assad also warned against Libya-style military intervention in his country, saying there will be repercussions to any country interfering in Syria’s affairs.Earlier it was reported that Assad said in the interview the opposition in Syria has become 'more militant' in recent weeks, blithely adding he is not worried.As for the security situation, [it] has become more militant in the recent weeks and specially last Friday. We are capable of dealing with it. [I] am not worried,he was quoted as saying.Last Friday gunmen loyal to Assad killed fourteen protesters in the seminal protest-city of Dara'a when demonstrations were staged there after Friday's weekly afternoon Muslim prayers. The slayings came one day after Assad promised United Nations Secretary General Ban Ki-moon operations against civilians were over.Sunday's TV interview was Assad's fourth public appearance since the revolt against his family's 40-year rule erupted in mid-March, but this is the first time he has agreed to take questions - albeit from the state-owned network.

Op-Ed: Iran and Syria Orchestrated Attacks on Southern Israel Published: 21/08/11, 4:13 PM

The terrorist attacks in southern Israel on Thursday August 18/11 need to be seen as Syrian and Iranian criminal and war acts. Both countries' leadership must be held accountable for all the human losses and damages.Elias Bejjani, human rights activist, journalist and political commentator, is spokesman for the Canadian Lebanese Human Rights Federation (CLHRF) and Media Chairman for the Canadian Lebanese Coordinating Council (LCCC).

It is well known to all Middle East analysts and specialists as well as to Western and Arab countries that the majority of the terrorist and jihadist organizations all over the world, including al-Qaeda, Hizbullah, and Hamas, are mere military tools and proxies that are found, financed, used, sponsored and fully controlled by rogue and dictatorial regimes, especially the two notorious regimes of Syria and Iran.In this context, the bloody terrorist attacks that took place in southern Israel on Thursday August 18/11 need to be dealt with as mere Syrian and Iranian criminal and war acts. Accordingly, both countries' leadership must be held fully accountable for all the human losses and damages.Lebanese Shiite Hezbollah experts may have aided the terrorists in setting up the complex operation.The Syrian regime intended the attacks to detract the Arabic and global political pressures that President al-Assad is facing because of his ongoing criminal atrocities against the peaceful Syrian public uprising that has been escalating for the last five months and is seriously threatening to topple his regime.In the same realm, Iran, which also is encountering immense internal and worldwide setbacks and problems did not dare to ask its militant proxy in Lebanon, Hizbullah, to attack Israel as al-Assad has been requesting because of the very serious Israeli warnings. Israel has made it very clear that her army will respond with extreme military harshness to any stupid Hizbullah attacks and stressed the fact that its response will include Syria itself.

Meanwhile, putting an end to such crimes necessitates a solid, united and crystal clear worldwide approach towards both the Syrian and Iranian axis of evil regimes. Sadly, the Western countries and all the Arab states are still indecisive on this matter, especially the Obama administration that against all odds is still appeasing and cajoling the criminal rulers of both countries.It took President Obama five months to finally call on Syria's Dictator Bashar al-Assad to step down, but at the same time stressing the fact that his administration.In 1983, Syrian and Iranian terrorist proxies were responsible for bloody attacks against the American embassy.
doesn’t have the means to force al-Assad to do so.One cannot rationally dissociate Syria and Iran from terrorism all over the world. Both countries provide a safe haven for a myriad of terrorist organizations, (Hizbullah, Hamas and many others), direct their operations, and use Hezbollah's and the Palestinians' ministates in Lebanon as their main field of recruiting, training and operations.Like the Mafia which uses money, crime, fear, intimidation, and violence as instruments of pressure to buy silence from otherwise good and honorable people, the Syrian and Iranian regimes use their proxy terrorist organizations as instruments of pressure on their neighboring countries and as bargaining tools in their foreign policy strategies that have earned them a no questions asked attitude from the Free World with regard to their bloody interference in Lebanon, Iraq, Afghanistan, Gaza, the West Bank, Egypt, Kuwait, Yemen, South America and many other countries.In 1983, Syrian and Iranian terrorist proxies were responsible for bloody attacks against the American embassy, marine compound and French troops in Lebanon costing hundreds of Lebanese, French and American lives.The Lebanese Canadian Coordinating Council (LCCC) without any reservations fully shares, adopts and supports the Canadian government's official stance and statement that addressed the terrorist attacks on southern Israel.

Foreign Affairs Minister John Baird's statement of condemnation stated: Canada condemns in the strongest terms the terrorist attacks in southern Israel today. These cowardly attacks, particularly on civilian targets, are abhorrent and criminal. On behalf of all Canadians, I send my heartfelt condolences to those affected by today’s vicious attacks. Israel has a right to defend itself against such terrorist acts in conformity with international humanitarian law. Those responsible for these horrific attacks must be held accountable.In conclusion, not even one country in the world is safe from terrorism and its debilitating cancer. This solid reality must motivate all countries to take an active role in the global fight against terrorism and help the Lebanese people to liberate their country that is occupied by the terrorist Iran- Syrian Hizbullah militia.

NATO Hands Terrorists Who Killed U.S. Troops Control of Libya-Al-Qaeda gets new home as rebels seize Tripoli Paul Joseph Watson Infowars.com Monday, August 22, 2011

While U.S. troops are dying in Afghanistan and Iraq in the supposed fight against terrorists, those same terrorists are now being handed control of an entire country, along with its lucrative resources, as a massive NATO bombardment of Tripoli aids the Al-Qaeda backed rebels in their overthrow of Colonel Gaddafi.
[Libya]Al-Qaeda-backed rebels have now seized most of Tripoli, with pockets of forces loyal to Gaddafi still offering resistance as the Libyan leader vows he will be with you until the end. Gaddafi’s sons were seized by rebels while Gaddafi himself has gone into hiding outside the city.The United States formally recognized the rebel council as the country’s legitimate government last month, despite the fact that the rebel army was admittedly spearheaded by Al-Qaeda terrorists who are supposedly the target of a multi-decade war on terror that is now in its tenth year and has cost the U.S. a staggering $5.4 trillion since 9/11.Shortly after the start of the conflict in March, Abdel-Hakim al-Hasidi, the leader of the anti-Gaddafi rebel army,admitted that the rebel ranks include Al-Qaeda terrorists who have killed U.S. troops in Iraq and Afghanistan.Al-Hasidi described the fighters as patriots and good Muslims, not terrorists,adding that members of al-Qaeda are also good Muslims and are fighting against the invader.The Telegraph confirmed that Al-Qaeda fighters had joined with anti-Gaddafi rebels in a story entitled, Libya: the West and al-Qaeda on the same side, in which Richard Spencer wrote how, WikiLeaks cables, independent analysts and reporters have all identified supporters of Islamist causes among the opposition to Col Gaddafi’s regime, particularly in the towns of Benghazi and Dernah.Although NATO and the U.S. admitted that flickers of Al-Qaeda members had infiltrated rebel ranks, in reality, they were leading the anti-Gaddafi forces in several areas of the country. As the Wall Street Journal reported in a piece entitled, Ex-Mujahedeen Help Lead Libyan Rebels, Al-Qaeda terrorists who worked directly for Bin Laden were tasked with recruiting, training and acting as front line field commanders for the rebel army.

Abdel Hakim al-Hasady, an influential Islamic preacher and high-school teacher who spent five years at a training camp in eastern Afghanistan, oversees the recruitment, training and deployment of about 300 rebel fighters from Darna.Mr. Hasady’s field commander on the front lines is Salah al-Barrani, a former fighter from the Libyan Islamic Fighting Group, or LIFG, which was formed in the 1990s by Libyan mujahedeen returning home after helping to drive the Soviets from Afghanistan and dedicated to ousting Mr. Gadhafi from power.Sufyan Ben Qumu, a Libyan army veteran who worked for Osama bin Laden’s holding company in Sudan and later for an al Qaeda-linked charity in Afghanistan, is training many of the city’s rebel recruits.Former jihadist Noman Benotman, who renounced his al Qaeda affiliation in 2000, said in an interview with the Washington Times that he estimates 1,000 jihadists are in Libya.Referring to the fighters as freelance jihadists, Benotman said that the men were part of a North African terror cell known as Al Qaeda in the Islamic Mahgreb (AQIM), and have completely infiltrated the rebel army.A 2007 West Point report indicated that the Benghazi-Darnah-Tobruk area of Libya is a world capital for Al-Qaeda or mujahideen suicide bomber recruitment. Author Webster Tarpley details this intelligence in his excellent analysis piece, The CIA’s Libya Rebels: The Same Terrorists who Killed US, NATO Troops in Iraq.Western intelligence agencies have also utilized their links with Libyan Al-Qaeda cells to target Gaddafi in recent history.In 2002, French intelligence experts revealed how western intelligence agencies bankrolled a Libyan Al-Qaeda cellcontrolled directly by Osama Bin Laden to hatch a plot to kill Gaddafi that was foiled in March 1996. The cell was led by Anas al-Liby, who was with Bin Laden in Sudan before Bin Laden returned to Afghanistan.

Indeed, it was Gaddafi’s Libya who put out the first Interpol warrant for Bin Laden’s arrest in 1998. Western intelligence agencies blocked the warrant from being pursued, allowing Bin Laden and Al-Qaeda to go on and kill more than 200 people in the truck bombings of US embassies in Kenya and Tanzania.Some of the very rebels now being funded, trained, and given embassies by Britain and the U.S. were part of the Al-Qaeda cell that tried to kill Gaddafi on behalf of the United States and Britain 15 years ago.As a result of the United States’ and NATO’s alliance with Al-Qaeda terrorists, Muslim extremists will now be given a free hand to take control of Libya and handed a sizeable portion of the country’s oil and gold wealth to entrench their dominance and ensure all remnants of the Gaddafi regime are swept away.Even the establishment media has now been forced to acknowledge that Gaddafi’s absence will create a vacuum in Libya ready and waiting for Al-Qaeda militants to fill the void. ABC’s Good Morning America quizzed Assistant Secretary of State Jeffrey Feltman on whether developments would allow Al-Qaeda to gain a foothold in the country, a question he was unable to answer.What is almost certain is that the relatively high living standards of Libyans living in cities like Tripoli will now be eviscerated as NATO powers allow the country to be subsumed by radical extremists as the region itself becomes little more than an outpost for the next geopolitical conquest by globalist forces.

Iran starts moving uranium centrifuges to bunker
Reuters By Mitra Amiri – AUG 22,11


TEHRAN (Reuters) – Iran has begun moving machines that enrich uranium to an underground bunker near the holy city of Qom, a senior official said, a move likely to fan Western fears of an Iranian advance toward nuclear weapons capability.His announcement was a further sign of the Islamic state's determination to press ahead with enrichment in defiance of international demands that it desist from such activity, which Tehran says will be for peaceful applications only.Transferring Natanz centrifuges to Fordow (near Qom) is under way with full observance of standards, Fereydoun Abbasi-Davani told state broadcaster IRIB.Fordow's facilities are being prepared and some centrifuges have been transferred.Iran announced in June that it would shift its production of higher-grade uranium from its main enrichment complex in the central city of Natanz to the subterranean site at Fordow.Iran, the world's No. 5 oil exporter, denies Western accusations it is seeking to develop nuclear bombs, saying its enrichment program is meant solely to provide an alternative source of electricity or isotopes for medicine and agriculture.Iran only disclosed the existence of Fordow to the U.N. nuclear watchdog in September 2009 after learning that Western intelligence agencies had detected the mountain site.

Moving enrichment activity to the underground bunker could offer greater protection against any attacks by Israel or the United States, which have both said they do not rule out pre-emptive strikes to stop Iran getting nuclear weapons.In Vienna, a senior Western diplomat criticized Iran's move.The announcement calls attention to Iran's continuing refusal to abide by its international obligations, including the U.N. Security Council's prohibition against Iran installing or operating any centrifuges, the diplomat said.Iran's provocative behavior reinforces the need to fully implement international sanctions against Iran.

IAEA TALKS

The Islamic Republic also said in June that it aimed to triple its capacity to enrich uranium to a higher grade -- 20 percent fissile purity -- which it says will be used to replenish the fuel stock for a medical research reactor.Western officials and analysts say that by producing 20 percent enriched material Iran has taken a significant step closer to the 90 percent threshold suitable for atom bombs.The United Nations' International Atomic Energy Agency (IAEA) declined Monday to comment on Abbasi's statement.In an interview with Reuters Friday, IAEA Director General Yukiya Amano said that moving centrifuges to Qom and increasing enrichment capacity was a further deviation from several Security Council resolutions, which demand that Iran suspend all enrichment-related activities to foster serious negotiations on a peaceful solution to the dispute.Amano said the IAEA was in talks with Iran on how its inspectors would effectively monitor activities at Fordow.What we are doing is that we are monitoring and we are negotiating the new safeguard approach to verify the activities, he said.Last week Russia began a fresh diplomatic campaign to re-engage Iran in nuclear talks with world powers that stalled in January over Iran's insistence on its right to enrich uranium despite U.N. resolutions calling on it to stop.(Additional reporting by Fredrik Dahl in Vienna; Writing by Robin Pomeroy; Editing by Mark Heinrich)

EUROPEAN UNION ARMY
http://www.youtube.com/watch?v=ytWmPqY8TE0&feature=player_embedded

DANIEL 7:23-25
23 Thus he said, The fourth beast (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.(TRADING BLOCKS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS) that shall arise: 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 NATIONS)
25 And he (EU PRESIDENT) 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.(3 1/2 YRS)

DANIEL 8:23-25
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king (EU DICTATOR) of fierce countenance, and understanding dark sentences,(FROM THE OCCULT) shall stand up.
24 And his power shall be mighty, but not by his own power:(SATANS POWER) and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes;(JESUS) but he shall be broken without hand.

DANIEL 11:36-39
36 And the king (EU DICTATOR) shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
37 Neither shall he regard the God of his fathers,(THIS EU DICTATOR IS JEWISH) nor the desire of women, nor regard any god: for he shall magnify himself above all.(CLAIM TO BE GOD)
38 But in his estate shall he honour the God of forces:(WAR) and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.
39 Thus shall he do in the most strong holds with a strange god,(DESTROY TERROR GROUPS) whom he shall acknowledge and increase with glory: and he shall cause them to rule over many,(HIS ARMY LEADERS) and shall divide the land for gain.

REVELATION 19:19
19 And I saw the beast,(EU LEADER) and the kings of the earth, and their armies, gathered together to make war against him that sat on the horse,(JESUS) and against his army.(THE RAPTURED CHRISTIANS)

Nato and EU prepare for imminent end to Libya conflict Today AUG 22,11 @ 09:28 By Andrew Rettman

Nato and EU leaders have urged Libyan rebels not to take revenge against Gaddafi loyalists after opposition forces swept into Tripoli over the weekend.Rebels on Monday attacked the Bab al-Azizia military compound in Tripoli (bottom left of picture, surrounded by parkland) amid rumours that Gaddafi is in the building (Google Earth)Reports on Monday morning (22 August) said Colonel Gaddafi is still in Tripoli but has lost control of 80 percent of the city after rebel fighters reached the heart of the capital on Sunday.A rebel spokesman, Fathi Baja, told Associated Press the Tripoli operation started on Thursday when Nato intensified bombing against Gaddafi targets. Sleeper cells in the capital armed by rebel smugglers launched strikes on Saturday. The main rebel forces covered a 20-kilometre stretch to Tripoli in a matter of hours on Sunday with Gaddafi soldiers surrendering en route. They later captured two of his sons - Saif Islam and Mohammed - and began to celebrate in Tripoli's central Green Square.Nato secretary general Anders Fogh Rasmussen in a statement on Sunday said the Gaddafi regime is clearly crumbling and urged rebels to show restraint for the sake of Libya's future stability.Nato is ready to work with the Libyan people and with [the rebel's political wing] the Transitional National Council [TNC] which holds a great responsibility. They must make sure that the transition is smooth and inclusive, that the country stays united, and that the future is founded on reconciliation and respect for human rights.US President Barack Obama made a similar appeal.

Tripoli is slipping from the grasp of a tyrant, he said. Going forward, the United States will continue to stay in close co-ordination with the TNC. We will continue to insist that the basic rights of the Libyan people are respected.French President Nicolas Sarkozy, whose warplanes launched the first Western strikes in Libya five months ago on 19 March, urged Gaddafi to lay down arms and hailed the courage of the TNC fighters and the Libyan people who supported them.British Prime Minister David Cameron cut short his vacation to return for emergency briefings in London. It is clear from the scenes we are witnessing in Tripoli that the end is near,Downing Street said in a written communique.Swedish foreign minister Carl Bildt noted via Twitter: Now Libya needs an orderly transition and the building of a proper democratic state. Huge task. UN and others must help.We have post-Gadaffi planning going on ... We have a number of scenarios that we have worked in terms of our assistance post-Gadaffi,EU foreign relations spokesman Michael Mann told the Reuters news agency.A lone pro-Gaddafi statement came from Venezuelan leader Hugo Chavez, who said European governments ... are destroying Tripoli by bombing schools and hospitals in a massacre designed to seize Libya's oil assets.Chavez' words echoed Gaddafi spokesman Moussa Ibrahim who said on Sunday that Nato is backing armed gangs which have killed over 1,000 people in the capital.The TNC, based in Benghazi, in the east of Libya, has been recognised by several EU member states and by the US as the country's legitimate government, with EU foreign policy chief Catherine Ashton opening a mini-embassy back in May.TNC chairman Mustafa Abdel Jalil, Gaddafi's former justice minister, is considered by analysts as the top candidate to be Libya's first post-war leader. TNC shadow prime minister Mahmoud Jibril and the formerly US-based exile and academic Ali Tarhouni are also in the running.

For his part, Italian foreign minister Franco Frattini tipped Abdel Salam Jalloud, a former Gaddafi insider who fled to Italy, for the job.He certainly has all the characteristics ... He will clarify his position when he believes it opportune. I am convinced that many people will recognise him for an important role in the construction of a new Libya, Frattini said.The events in Tripoli are expected to send ripples across the region amid ongoing violence in Iraq, Israel, Syria and Yemen.I think the most miserable person on earth after Muammar Gaddafi is Syria's Bashar Assad. Gaddafi's fall will not only make the Libyan people happy, but will also inspire the Syrian people, Abdulkhaleq Abdulla, a United-Arab-Emirates-based academic told Reuters.Arabs needed this, they needed another victory - this changes the whole tone in the region after several months of disappointment, Shadi Hamid, from the Washington-based think tank, the Brookings Institution, said.

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.(TR 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).

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.

THE FIRST JUDGEMENT OF THE EARTH STARTED WITH WATER-IT ONLY MAKES SENSE THE LAST GENERATION WILL BE HAVING FLOODING
GENESIS 7:6-12
6 And Noah was six hundred years old when the flood of waters was upon the earth.
7 And Noah went in, and his sons, and his wife, and his sons’ wives with him, into the ark, because of the waters of the flood.
8 Of clean beasts, and of beasts that are not clean, and of fowls, and of every thing that creepeth upon the earth,
9 There went in two and two unto Noah into the ark, the male and the female, as God had commanded Noah.
10 And it came to pass after seven days, that the waters of the flood were upon the earth.
11 In the six hundredth year of Noah’s life, in the second month, the seventeenth day of the month, the same day were all the fountains of the great deep broken up, and the windows of heaven were opened.
12 And the rain was upon the earth forty days and forty nights.
GOD PROMISED BY A RAINBOW-THE EARTH WOULD NEVER BE DESTROYED TOTALLY WITH A FLOOD AGAIN.BUT FLOODIING IS A SIGN OF JUDGEMENT.

Goderich residents had 12 minutes warning before tornado struck
Paola Loriggio GODERICH, Ont.— The Canadian Press
Published Monday, Aug. 22, 2011 9:24AM EDT
Last updated Monday, Aug. 22, 2011 3:16PM EDT


Residents of a town dubbed the prettiest in Canada returned this morning to homes demolished by the most powerful tornado to hit Ontario in years, dissolving into tears as the depth of the devastation sank in.One woman said residents of the picturesque Lake Huron community of Goderich were in obvious shock and seemed paralyzed as to what to do next.As daylight emerged, Debbie Hakkers, 49, crawled through the wreckage of her bedroom, sifting through the debris to fish out her jewelry box and laptop.She rushed home from a shopping trip to neighbouring Port Huron on Sunday night to find her home torn apart, the roof ripped off and chunks of the walls blown clear across the street.Her husband Gary, who was inside when the tornado struck at about 4 p.m., escaped with only a few scrapes, but the home they shared is in ruins.

It's a total disaster, Ms. Hakkers said, wiping away tears as she surveyed the rubble.It never really hit me until this morning when I got up and came outside and I just cried.At least 37 people were injured and a 61-year-old worker at a salt mine was killed as winds of 300 kilometres per hour raged through the beach and port town of 8,000, ripping the roofs off historic buildings, turning trees into match sticks and tossing cars around like toys.I've only ever seen this in the movies, said Herb Marshall, owner of the Park House Bar and Restaurant who watched the F2- or F3-level twister rise from a hill off the lake and leave nothing in its path.After examining the damage Monday, investigators determined the storm was an F3-level tornado, Environment Canada's Randy Mawson said.This is the worst damage I've ever seen, said Mr. Mawson, who has been investigating storms for 36 years.Winds of roughly 280 km/h carved a path about 500 metres wide through the town's centre, he added.To the south of that and to the north of that, if you go far enough, you'll see no damage occurring, but along that 500-metre path through the downtown core, quite a bit of damage, he said.Police identified the victim as Norman Laberge, 61, of Lucknow, Ont., who was working in a salt mine in the town when the storm hit.

The mayor called the wreckage catastrophic and declared a state of emergency. By early morning, Ontario Premier Dalton McGuinty had already activated its emergency plan for helping communities struck by disasters.Goderich is one of ours, a member of the family, Mr. McGuinty told CKBK radio. It is a gorgeous town. The centre was stuck particularly hard.Mr. McGuinty said the priority was to ensure the safety of the town's people, and then restore power as the longer-term work of rebuilding Goderich begins.We will rebuild Goderich, he said.It will be a pretty town once again.Dave Phillips, senior climatologist at Environment Canada, said residents were warned of the looming tornado at 3:48 p.m. Sunday, 12 minutes before it hit.He said such alerts are routinely issued between 10 and 15 minutes in advance.Too much advance warning could lull people into a false sense of security and result in more fatalities and property damage, he said.If you have too much time, people think, oh well, I still have time to golf or to get out of this swimming hole or drive home or something like that.Tornado warnings are communicated through a variety of channels, including radio and mobile applications. Warnings urge the public to immediately seek shelter, rather than securing their property, he said.People are encouraged to take cover in low-lying areas and make sure their heads and necks are protected, Mr. Phillips said.It's not the wind that will get you, it's the flying debris that will hurt you, Mr. Phillips said.Cassandra Phillips-Grande, 16, was in a coffee shop in the town square when the wind started to pick up.We saw tables and chairs outside of the cafe flying and then saw an SUV roll like a tumbleweed right in front, she said, adding that everyone in the shop moved to the back of the building.About two seconds later we heard this really big crash and the roof collapsed in the spot where we had all been. When we went outside we saw that some apartments had collapsed right in front of the cafe.Sean Carver watched the storm approach from his patio.

The storm was quick, it blew through and it was gone, he said.The so-called scary part is literally only about two minutes, half an instant, and then the winds go back down to about 80 kilometres an hour, but you know you're safe again.He said residents are helping with the clean up.We cleared out the streets ourselves, we just walked out there to get chainsaws and started clearing it, Mr. Carver said. All you hear is chainsaws. There's tractors driving around because you can't drive anywhere.The town actually comes together and everybody starts helping everybody. There's kids walking down the street with hack saws, teenagers just helping anybody that needs help.Goderich is an historically charming town known for its beautiful beachfront, wooden boardwalk and handsome architecture. According to folklore, it was Queen Victoria who dubbed it the prettiest town in Canada, a motto the town does not attribute to her but has nonetheless adopted.

Hurricane Irene heads toward Hispaniola and US
AP By DANICA COTO, Associated Press – AUG 22,11


SAN JUAN, Puerto Rico – Hurricane Irene cut power to more than a million people in Puerto Rico, downing trees and flooding streets on Monday, and forecasters warned it could be a major storm as it threatens Florida and South Carolina by the end of the week.There were no reports of deaths of major injuries in Puerto Rico, but Gov. Luis Fortuno declared a state of emergency and urged people to stay indoors to avoid downed power lines, flooded streets and other hazards.This isn't the time to go out to find out what happened ... This is the time stay in your homes, Fortuno said at a news conference.The first hurricane of the Atlantic storm season posed an immediate threat to the northeastern coast of the Dominican Republic, though the center of the hurricane was expected to miss neighboring Haiti, which shares the island of Hispaniola. Nearly 600,000 Haitians are still homeless due to the January 2010 earthquake and that country could still see heavy rain and tropical-storm-force winds, said Dennis Feltgen, a spokesman for the U.S. National Hurricane Center in Miami.We don't expect to this to get ripped up over the mountains of Hispaniola, Feltgen said. We expect it to remain a hurricane.The U.S. National Hurricane Center projected that Irene could grow into a Category 3 hurricane with winds of 115 mph (184 kph) over the Bahamas on Thursday. And it may carry that force northwest along Florida's Atlantic coast and toward a possible strike on South Carolina, though the forecasters warned that by the weekend, the storm's path could vary significantly from the current projection.A hurricane warning was issued Monday for the Turks and Caicos Islands and the southeastern Bahamas.Authorities in Palm Beach County directed staffers to stop routine operations Monday and switch to storm preparations, including checks on generators and communications equipment.

Hurricane preparations are pretty much the order of the day, said Mike Geier, radiological emergency preparedness planner. We go through a pretty extensive checklist. It's probably three pages long.Officials in Charleston, South Carolina, warned residents to monitor Irene closely. It has been six years since a hurricane hit the South Carolina coast, said Joe Farmer of the state Emergency Management Division.Hurricane Irene centered about 70 miles (115 kilometers) northeast of Punta Cana, Dominican Republic late Monday morning and it was moving toward the west-northwest at 13 mph (20 kph). It had maximum sustained winds of about 80 mph (130 kph), the Hurricane Center reported.In Puerto Rico, crews were out clearing streets and assessing the damage but the governor and other officials gave no indication when power would be restored. Schools, most government offices and many businesses remained closed. Flights were expected to resume at the international airport in San Juan by midmorning.Dozens of people in San Juan sought emergency shelter ahead of Irene and authorities evacuated 150 tourists from the outlying islands of Culebra and Vieques as the storm approached.The storm entered through the southeast coastal town of Humacao, but emergency management regional director Orlando Diaz said the damage seemed to be less than he feared.We thought things were going to be a bit more tragic, he said.I was surprised that we didn't see the amount of rain I expected.Irene had previously churned through St. Croix in the U.S. Virgin Islands, where more than half of the inhabitants are still without power, said Christine Lett, emergency management spokeswoman.

In the Dominican Republic, officials assured residents they had food available for 1.5 million people if needed. Also, soldiers and emergency management crews evacuated dozens of residents from high-risk areas along the southern coast.We have taken all precautions, presidential spokesman Rafael Nunez said.Many stores in the capital of Santo Domingo closed Sunday even as people bought last-minute items like flashlights.The international airport and others remained open late Monday morning, although dozens of flights had been canceled.Irene is expected to lash the northeastern region of the Dominican Republic for up to 15 hours, local meteorologist Miguel Campusano said.In the popular tourist city of Punta Cana, emergency crews prepared for the storm but have not taken any special measures, said Candy Gomez, spokeswoman for the Punta Cana resort.The Hurricane Center said the main impediment to the storm's progress over the next couple of days will be interaction with land. If Irene passes over Hispaniola's mountains or over parts of eastern Cuba, the storm could weaken more than currently expected.However, if the system ends up moving to the north of both of those land masses it could strengthen more than expected,wrote forecaster Richard Pasch.Associated Press writers Ben Fox in San Juan, Ezequiel Abiu Lopez in Santo Domingo, Dominican Republic, Kelli Kennedy in Miami and Bruce Smith in Charleston, South Carolina contributed to this report.

Red Cross: 29,000 have lost homes in NKorea floods
AP – Mon Aug 22, 6:52 am ET


GENEVA – The Red Cross says over 29,000 people in North Korea have lost their homes from storms and flooding in the past three months.The International Federation of the Red Cross says it is working to provide emergency food supplies, water and shelter to 7,500 families in the south and southwest of the country.The humanitarian aid group says in some areas half of homes have been destroyed by floods.The Red Cross said Monday the worst-hit area in South Hwanghae Province is considered the bread basket of North Korea.The IFRC's head of delegation in North Korea, Igor Dmitryuk, says the group is trying to find proper shelter for the homeless before the start of North Korea's harsh winter season.

EARTHQUAKES

MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.

MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

Strong quake hits eastern Japan, no tsunami threat
AP - Mon Aug 22, 7:57 am ET


TOKYO – Officials say a strong earthquake has hit near Japan's eastern coast, but there is no danger of a tsunami.Japan's Meteorological Agency says the quake struck Monday evening and registered a preliminary magnitude of 6.0. It was centered off the coast of Ibaraki, about 140 miles (220 kilometers) east of Tokyo, at a depth of 20 miles (30 kilometers).The agency says there is no danger of a tsunami. No injuries or damage have been reported.Some 20,000 people died or were left missing across Japan's northeastern coast after a massive earthquake and tsunami on March 11. The disaster damaged a nuclear power plant, forcing another 100,000 people to leave their homes because of a radiation threat.

ECONOMIC NEWS VIDEOS
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Wall Street Aristocracy Got $1.2 Trillion From Fed
Q By Bradley Keoun and Phil Kuntz - Aug 22, 2011 8:19 AM ET


Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.By 2008, the housing market’s collapse forced those companies to take more than six times as much, $669 billion, in emergency loans from the U.S. Federal Reserve. The loans dwarfed the $160 billion in public bailouts the top 10 got from the U.S. Treasury, yet until now the full amounts have remained secret.Fed Chairman Ben S. Bernanke’s unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money, about the same amount U.S. homeowners currently owe on 6.5 million delinquent and foreclosed mortgages. The largest borrower, Morgan Stanley (MS), got as much as $107.3 billion, while Citigroup took $99.5 billion and Bank of America $91.4 billion, according to a Bloomberg News compilation of data obtained through Freedom of Information Act requests, months of litigation and an act of Congress.These are all whopping numbers, said Robert Litan, a former Justice Department official who in the 1990s served on a commission probing the causes of the savings and loan crisis. You’re talking about the aristocracy of American finance going down the tubes without the federal money.(View the Bloomberg interactive graphic to chart the Fed’s financial bailout.)

Foreign Borrowers

It wasn’t just American finance. Almost half of the Fed’s top 30 borrowers, measured by peak balances, were European firms. They included Edinburgh-based Royal Bank of Scotland Plc, which took $84.5 billion, the most of any non-U.S. lender, and Zurich-based UBS AG (UBSN), which got $77.2 billion. Germany’s Hypo Real Estate Holding AG borrowed $28.7 billion, an average of $21 million for each of its 1,366 employees.The largest borrowers also included Dexia SA (DEXB), Belgium’s biggest bank by assets, and Societe Generale SA, based in Paris, whose bond-insurance prices have surged in the past month as investors speculated that the spreading sovereign debt crisis in Europe might increase their chances of default.The $1.2 trillion peak on Dec. 5, 2008 -- the combined outstanding balance under the seven programs tallied by Bloomberg -- was almost three times the size of the U.S. federal budget deficit that year and more than the total earnings of all federally insured banks in the U.S. for the decade through 2010, according to data compiled by Bloomberg.

Peak Balance

The balance was more than 25 times the Fed’s pre-crisis lending peak of $46 billion on Sept. 12, 2001, the day after terrorists attacked the World Trade Center in New York and the Pentagon. Denominated in $1 bills, the $1.2 trillion would fill 539 Olympic-size swimming pools.The Fed has said it had no credit losses on any of the emergency programs, and a report by Federal Reserve Bank of New York staffers in February said the central bank netted $13 billion in interest and fee income from the programs from August 2007 through December 2009.We designed our broad-based emergency programs to both effectively stem the crisis and minimize the financial risks to the U.S. taxpayer, said James Clouse, deputy director of the Fed’s division of monetary affairs in Washington. Nearly all of our emergency-lending programs have been closed. We have incurred no losses and expect no losses.While the 18-month U.S. recession that ended in June 2009 after a 5.1 percent contraction in gross domestic product was nowhere near the four-year, 27 percent decline between August 1929 and March 1933, banks and the economy remain stressed.

Odds of Recession

The odds of another recession have climbed during the past six months, according to five of nine economists on the Business Cycle Dating Committee of the National Bureau of Economic Research, an academic panel that dates recessions.Bank of America’s bond-insurance prices last week surged to a rate of $342,040 a year for coverage on $10 million of debt, above where Lehman Brothers Holdings Inc. (LEHMQ)’s bond insurance was priced at the start of the week before the firm collapsed. Citigroup’s shares are trading below the split-adjusted price of $28 that they hit on the day the bank’s Fed loans peaked in January 2009. The U.S. unemployment rate was at 9.1 percent in July, compared with 4.7 percent in November 2007, before the recession began.Homeowners are more than 30 days past due on their mortgage payments on 4.38 million properties in the U.S., and 2.16 million more properties are in foreclosure, representing a combined $1.27 trillion of unpaid principal, estimates Jacksonville, Florida-based Lender Processing Services Inc.

Liquidity Requirements

Why in hell does the Federal Reserve seem to be able to find the way to help these entities that are gigantic? U.S. Representative Walter B. Jones, a Republican from North Carolina, said at a June 1 congressional hearing in Washington on Fed lending disclosure. They get help when the average businessperson down in eastern North Carolina, and probably across America, they can’t even go to a bank they’ve been banking with for 15 or 20 years and get a loan.The sheer size of the Fed loans bolsters the case for minimum liquidity requirements that global regulators last year agreed to impose on banks for the first time, said Litan, now a vice president at the Kansas City, Missouri-based Kauffman Foundation, which supports entrepreneurship research. Liquidity refers to the daily funds a bank needs to operate, including cash to cover depositor withdrawals.The rules, which mandate that banks keep enough cash and easily liquidated assets on hand to survive a 30-day crisis, don’t take effect until 2015. Another proposed requirement for lenders to keep stable funding for a one-year horizon was postponed until at least 2018 after banks showed they’d have to raise as much as $6 trillion in new long-term debt to comply.

Stark Illustration

Regulators are not going to go far enough to prevent this from happening again, said Kenneth Rogoff, a former chief economist at the International Monetary Fund and now an economics professor at Harvard University.Reforms undertaken since the crisis might not insulate U.S. markets and financial institutions from the sovereign budget and debt crises facing Greece, Ireland and Portugal, according to the U.S. Financial Stability Oversight Council, a 10-member body created by the Dodd-Frank Act and led by Treasury Secretary Timothy Geithner.The recent financial crisis provides a stark illustration of how quickly confidence can erode and financial contagion can spread, the council said in its July 26 report.

21,000 Transactions

Any new rescues by the U.S. central bank would be governed by transparency laws adopted in 2010 that require the Fed to disclose borrowers after two years.Fed officials argued for more than two years that releasing the identities of borrowers and the terms of their loans would stigmatize banks, damaging stock prices or leading to depositor runs. A group of the biggest commercial banks last year asked the U.S. Supreme Court to keep at least some Fed borrowings secret. In March, the high court declined to hear that appeal, and the central bank made an unprecedented release of records.Data gleaned from 29,346 pages of documents obtained under the Freedom of Information Act and from other Fed databases of more than 21,000 transactions make clear for the first time how deeply the world’s largest banks depended on the U.S. central bank to stave off cash shortfalls. Even as the firms asserted in news releases or earnings calls that they had ample cash, they drew Fed funding in secret, avoiding the stigma of weakness.

Morgan Stanley Borrowing

Two weeks after Lehman’s bankruptcy in September 2008, Morgan Stanley countered concerns that it might be next to go by announcing it had strong capital and liquidity positions. The statement, in a Sept. 29, 2008, press release about a $9 billion investment from Tokyo-based Mitsubishi UFJ Financial Group Inc., said nothing about Morgan Stanley’s Fed loans.That was the same day as the firm’s $107.3 billion peak in borrowing from the central bank, which was the source of almost all of Morgan Stanley’s available cash, according to the lending data and documents released more than two years later by the Financial Crisis Inquiry Commission. The amount was almost three times the company’s total profits over the past decade, data compiled by Bloomberg show.Mark Lake, a spokesman for New York-based Morgan Stanley, said the crisis caused the industry to fundamentally re- evaluate the way it manages its cash.We have taken the lessons we learned from that period and applied them to our liquidity-management program to protect both our franchise and our clients going forward, Lake said. He declined to say what changes the bank had made.

Acceptable Collateral

In most cases, the Fed demanded collateral for its loans -- Treasuries or corporate bonds and mortgage bonds that could be seized and sold if the money wasn’t repaid. That meant the central bank’s main risk was that collateral pledged by banks that collapsed would be worth less than the amount borrowed.As the crisis deepened, the Fed relaxed its standards for acceptable collateral. Typically, the central bank accepts only bonds with the highest credit grades, such as U.S. Treasuries. By late 2008, it was accepting junk bonds, those rated below investment grade. It even took stocks, which are first to get wiped out in a liquidation.Morgan Stanley borrowed $61.3 billion from one Fed program in September 2008, pledging a total of $66.5 billion of collateral, according to Fed documents. Securities pledged included $21.5 billion of stocks, $6.68 billion of bonds with a junk credit rating and $19.5 billion of assets with an unknown rating, according to the documents. About 25 percent of the collateral was foreign-denominated.

Willingness to Lend

What you’re looking at is a willingness to lend against just about anything, said Robert Eisenbeis, a former research director at the Federal Reserve Bank of Atlanta and now chief monetary economist in Atlanta for Sarasota, Florida-based Cumberland Advisors Inc.The lack of private-market alternatives for lending shows how skeptical trading partners and depositors were about the value of the banks’ capital and collateral, Eisenbeis said.The markets were just plain shut, said Tanya Azarchs, former head of bank research at Standard & Poor’s and now an independent consultant in Briarcliff Manor, New York.If you needed liquidity, there was only one place to go.Even banks that survived the crisis without government capital injections tapped the Fed through programs that promised confidentiality. London-based Barclays Plc (BARC) borrowed $64.9 billion and Frankfurt-based Deutsche Bank AG (DBK) got $66 billion. Sarah MacDonald, a spokeswoman for Barclays, and John Gallagher, a spokesman for Deutsche Bank, declined to comment.

Below-Market Rates

While the Fed’s last-resort lending programs generally charge above-market interest rates to deter routine borrowing, that practice sometimes flipped during the crisis. On Oct. 20, 2008, for example, the central bank agreed to make $113.3 billion of 28-day loans through its Term Auction Facility at a rate of 1.1 percent, according to a press release at the time.The rate was less than a third of the 3.8 percent that banks were charging each other to make one-month loans on that day. Bank of America and Wachovia Corp. each got $15 billion of the 1.1 percent TAF loans, followed by Royal Bank of Scotland’s RBS Citizens NA unit with $10 billion, Fed data show.JPMorgan Chase & Co. (JPM), the New York-based lender that touted its fortress balance sheet at least 16 times in press releases and conference calls from October 2007 through February 2010, took as much as $48 billion in February 2009 from TAF. The facility, set up in December 2007, was a temporary alternative to the discount window, the central bank’s 97-year-old primary lending program to help banks in a cash squeeze.

Larger Than TARP

Goldman Sachs Group Inc. (GS), which in 2007 was the most profitable securities firm in Wall Street history, borrowed $69 billion from the Fed on Dec. 31, 2008. Among the programs New York-based Goldman Sachs tapped after the Lehman bankruptcy was the Primary Dealer Credit Facility, or PDCF, designed to lend money to brokerage firms ineligible for the Fed’s bank-lending programs.Michael Duvally, a spokesman for Goldman Sachs, declined to comment.The Fed’s liquidity lifelines may increase the chances that banks engage in excessive risk-taking with borrowed money, Rogoff said. Such a phenomenon, known as moral hazard, occurs if banks assume the Fed will be there when they need it, he said. The size of bank borrowings certainly shows the Fed bailout was in many ways much larger than TARP, Rogoff said.TARP is the Treasury Department’s Troubled Asset Relief Program, a $700 billion bank-bailout fund that provided capital injections of $45 billion each to Citigroup and Bank of America, and $10 billion to Morgan Stanley. Because most of the Treasury’s investments were made in the form of preferred stock, they were considered riskier than the Fed’s loans, a type of senior debt.

Dodd-Frank Requirement

In December, in response to the Dodd-Frank Act, the Fed released 18 databases detailing its temporary emergency-lending programs.Congress required the disclosure after the Fed rejected requests in 2008 from the late Bloomberg News reporter Mark Pittman and other media companies that sought details of its loans under the Freedom of Information Act. After fighting to keep the data secret, the central bank released unprecedented information about its discount window and other programs under court order in March 2011.Bloomberg News combined Fed databases made available in December and July with the discount-window records released in March to produce daily totals for banks across all the programs, including the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, Commercial Paper Funding Facility, discount window, PDCF, TAF, Term Securities Lending Facility and single-tranche open market operations. The programs supplied loans from August 2007 through April 2010.

Rolling Crisis

The result is a timeline illustrating how the credit crisis rolled from one bank to another as financial contagion spread.Fed borrowings by Societe Generale (GLE), France’s second-biggest bank, peaked at $17.4 billion in May 2008, four months after the Paris-based lender announced a record 4.9 billion-euro ($7.2 billion) loss on unauthorized stock-index futures bets by former trader Jerome Kerviel.Morgan Stanley’s top borrowing came four months later, after Lehman’s bankruptcy. Citigroup crested in January 2009, as did 43 other banks, the largest number of peak borrowings for any month during the crisis. Bank of America’s heaviest borrowings came two months after that.Sixteen banks, including Plano, Texas-based Beal Financial Corp. and Jacksonville, Florida-based EverBank Financial Corp., didn’t hit their peaks until February or March 2010.

Using Subsidiaries

At no point was there a material risk to the Fed or the taxpayer, as the loan required collateralization, said Reshma Fernandes, a spokeswoman for EverBank, which borrowed as much as $250 million.Banks maximized their borrowings by using subsidiaries to tap Fed programs at the same time. In March 2009, Charlotte, North Carolina-based Bank of America drew $78 billion from one facility through two banking units and $11.8 billion more from two other programs through its broker-dealer, Bank of America Securities LLC.Banks also shifted balances among Fed programs. Many preferred the TAF because it carried less of the stigma associated with the discount window, often seen as the last resort for lenders in distress, according to a January 2011 paper by researchers at the New York Fed.After the Lehman bankruptcy, hedge funds began pulling their cash out of Morgan Stanley, fearing it might be the next to collapse, the Financial Crisis Inquiry Commission said in a January report, citing interviews with former Chief Executive Officer John Mack and then-Treasurer David Wong.

Borrowings Surge

Morgan Stanley’s borrowings from the PDCF surged to $61.3 billion on Sept. 29 from zero on Sept. 14. At the same time, its loans from the Term Securities Lending Facility, or TSLF, rose to $36 billion from $3.5 billion. Morgan Stanley treasury reports released by the FCIC show the firm had $99.8 billion of liquidity on Sept. 29, a figure that included Fed borrowings.The cash flow was all drying up, said Roger Lister, a former Fed economist who’s now head of financial-institutions coverage at credit-rating firm DBRS Inc. in New York. Did they have enough resources to cope with it? The answer would be yes, but they needed the Fed.While Morgan Stanley’s Fed demands were the most acute, Citigroup was the most chronic borrower among the largest U.S. banks. The New York-based company borrowed $10 million from the TAF on the program’s first day in December 2007 and had more than $25 billion outstanding under all programs by May 2008, according to Bloomberg data.

Tapping Six Programs

By Nov. 21, when Citigroup began talks with the government to get a $20 billion capital injection on top of the $25 billion received a month earlier, its Fed borrowings had doubled to about $50 billion.Over the next two months the amount almost doubled again. On Jan. 20, as the stock sank below $3 for the first time in 16 years amid investor concerns that the lender’s capital cushion might be inadequate, Citigroup was tapping six Fed programs at once. Its total borrowings amounted to more than twice the federal Department of Education’s 2011 budget.
Citigroup was in debt to the Fed on seven out of every 10 days from August 2007 through April 2010, the most frequent U.S. borrower among the 100 biggest publicly traded firms by pre- crisis market valuation. On average, the bank had a daily balance at the Fed of almost $20 billion.

Help Motivate Others

Citibank basically was sustained by the Fed for a very long time, said Richard Herring, a finance professor at the University of Pennsylvania in Philadelphia who has studied financial crises.Jon Diat, a Citigroup spokesman, said the bank made use of programs that achieved the goal of instilling confidence in the markets.JPMorgan CEO Jamie Dimon said in a letter to shareholders last year that his bank avoided many government programs. It did use TAF, Dimon said in the letter, but this was done at the request of the Federal Reserve to help motivate others to use the system.
The bank, the second-largest in the U.S. by assets, first tapped the TAF in May 2008, six months after the program debuted, and then zeroed out its borrowings in September 2008. The next month, it started using TAF again.On Feb. 26, 2009, more than a year after TAF’s creation, JPMorgan’s borrowings under the program climbed to $48 billion. On that day, the overall TAF balance for all banks hit its peak, $493.2 billion. Two weeks later, the figure began declining.Our prior comment is accurate, said Howard Opinsky, a spokesman for JPMorgan.

The Cheapest Source

Herring, the University of Pennsylvania professor, said some banks may have used the program to maximize profits by borrowing from the cheapest source, because this was supposed to be secret and never revealed.Whether banks needed the Fed’s money for survival or used it because it offered advantageous rates, the central bank’s lender-of-last-resort role amounts to a free insurance policy for banks guaranteeing the arrival of funds in a disaster, Herring said.An IMF report last October said regulators should consider charging banks for the right to access central bank funds.
The extent of official intervention is clear evidence that systemic liquidity risks were under-recognized and mispriced by both the private and public sectors,the IMF said in a separate report in April.Access to Fed backup support leads you to subject yourself to greater risks, Herring said. If it’s not there, you’re not going to take the risks that would put you in trouble and require you to have access to that kind of funding.To contact the reporters on this story: Bradley Keoun in New York at bkeoun@bloomberg.net; Phil Kuntz in New York at Pkuntz1@bloomberg.net.To contact the editor responsible for this story: David Scheer in New York at dscheer@bloomberg.net.

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