ARAB MK-ISRAEL FACES EXTINCTION

Ahmadinejad: US used 9/11 as excuse to start wars
AP – SEPT 11,11

TEHRAN, Iran (AP) — The Iranian president says the United States used the Sept. 11 attacks as an excuse for launching wars in Iraq and Afghanistan.Mahmoud Ahmadinejad says the attacks were a complicated, designed game to affect people's emotions and pave way for the invasions of Afghanistan and Iraq.He also says U.S. launched those wars to solve its own economic problems. Ahmadinejad's remarks appeared on Iranian state TV's website on Sunday.The Iranian leader has repeatedly questioned the official version of the events surrounding the Sept. 11 attacks, calling it a big lie.In 2010, New York turned down his request to visit the World Trade Center site to pay respects to the victims of the terrorist attacks.

They Want A US Of Europe But They Are Going To Need A Massive Financial Crisis To Get It The American Dream Monday, September 12, 2011


Are we about to see a huge push for a United States of Europe? As the sovereign debt crisis in Europe continues to spiral out of control, suddenly this term is popping up inthe New York Times and in major newspapers all over Europe.So is this by accident? Surely not. The truth is that there is an overwhelming consensus among the political and financial elite of Europe that a United States of Europe is what would be best for the eurozone. However, they are likely going to need a massive financial crisis in order to reach their goal. Right now, the citizens of the countries that make up the eurozone are overwhelmingly against deeper European integration. Without experiencing a massive amount of financial pain, they are unlikely to change their minds any time soon. So who is going to win in the end? Unfortunately, the clock is ticking because Greece is on the verge of defaulting on their debts and several other countries are not that far behind. If Europe does not decide on a course of action soon, the euro is going to collapse and financial institutions all over Europe are going to come crashing down.Up until now, EU leaders have been handling this crisis by putting out one fire after another. This has been going on for a couple of years, but these bailouts cannot go on indefinitely. Instead of fixing things, kicking the can down the road has only delayed the pain and made things even worse.The EU as it is currently structured simply does not work. The political will for more bailouts is rapidly drying up and politicians in Europe are only going to be able to extend and pretend for a little while longer.Something needs to be done.

But instead of admitting that the euro was a massive mistake and returning to national currencies, most of the top politicians in Europe believe that more Europe is the answer.Mario Draghi, the incoming head of the European Central Bank, is totally convinced that Europe needs to integrate much more deeply….To cope with this, we must have a treaty change. The aim of this effort should be a quantum leap up in European economic and political integration.Do you notice that he is not just advocating small changes in the way that Europe works. What Draghi wants is a quantum leap in European integration.His predecessor feels the same way. Jean-Claude Trichet, the departing head of the European Central Bank, is also very much in favor of much deeper European integration….The crisis has clearly revealed the need for strong economic governance in a zone with a single currency.Of course one of the biggest proponents of a United States of Europe has been Herman van Rompuy. In a recent article, the Telegraph made the following eye-catching statement….Herman van Rompuy is ready to run for a second term as EU president, at the head of a United States of Europe.Of course he would not be doing it for personal glory. In the same article, he is quoted as saying he wants another term because the work is not finished and that he needs new powers in order to get it done….Mr Van Rompuy has announced he is willing to take on the unfinished euro zone debt crisis with new powers setting an economic government in Brussels.

Top politicians in the UK are even promoting the idea of much deeper European integration. Even though he insists that Britain will not join the euro, UK Prime Minister David Cameron is now publicly endorsing the idea that the eurozone form a United States of Europe in order to save the euro according to a recent article in the Daily Mail….David Cameron was branded an EU enthusiast by Tory Eurosceptics last night as he said Britain must let eurozone countries move towards a United States of Europe with a common economic policy.The Prime Minister admitted he was not sure whether Germany and other countries had the political will to prevent a break-up of the single currency, but insisted they must be allowed to try – even if that meant closer integration.It is funny how whenever there is a crisis in Europe, the answer that we are always given is that more Europe is the answer.For example, Antonio Borges, director of the International Monetary Fund’s European unit, recently stated the following….To put the crisis behind us, we need more Europe, not less. And we need it now.In the past, European leaders were always very hesitant to use the words United States of Europe. But now it seems like that term is flying around all over the place.It is almost as if they want to start getting us conditioned to the idea.
For example, just check out what former German Chancellor Gerhard Schroeder said recently. He has been one of the biggest cheerleaders for a United States of Europe….
From the European Commission, we should make a government which would be supervised by the European Parliament. And that means the United States of Europe.So if all of these top politicians want this, why can’t they just do it? Well, there are some problems.Right now, the EU treaties don’t really allow for a United States of Europe, and the recent decision by the German Constitutional Court has put up some huge roadblocks.For example, the German Constitutional Court seemed to kill off the possibility for any kind of fiscal federalism in the near future when they made this statement in their recent decision….The Bundestag’s budget responsibilities may not be transferred through open-ended appropriations to other actors. In particular, no financial mechanisms can lead to meaningful fiscal burdens without prior approval.
Not only that, but the court also clearly rejected the notion of Eurobonds….No permanent treaty mechanisms shall be established that leads to liability for the decisions of other states, especially if they entail incalculable consequences.By using this kind of language, the German Constitutional Court has put up some massive roadblocks in the way of a United States of Europe. It is probably going to take a new treaty in order to get it done.But right now, the citizens of Europe don’t want anything to do with a new treaty that would allow for a United States of Europe. If such a treaty was put up for ratification at this point, it would be soundly defeated.For example, a recent poll found that 76 percent of the German people are opposed to any further German financial aid for Greece.In addition, another recent poll found that German voters are against the introduction of Eurobonds by about a 5 to 1 margin.German Chancellor Angela Merkel is having a hard enough time just keeping support for the current Greek bailout together. According to reports, there are 25 members of her own coalition that plan to vote against the revamped EFSF. At this point it is unclear whether it will pass or not.As noted above, the political will for more bailouts is dying. But without more bailouts, Greece will default and several other eurozone nations will follow. It could also mean the potential for at least a partial collapse of the euro.But if there is a massive financial crisis in Europe, it may start changing the minds of the voters about much deeper European integration.You see, once people start feeling severe pain, often they will start considering things that they would not have considered before.But let us hope that European voters never change their minds. Deeper European integration may stop the current financial crisis, but it would also mean a tremendous loss of national sovereignty.A Daily Mail article entitled Rise of the Fourth Reich, how Germany is using the financial crisis to conquer Europe contained the following sobering assessment of what deeper economic integration for Europe would mean….This would entail a loss of sovereignty not seen in those countries since many were under the jackboot of the Third Reich 70 years ago.For be in no doubt what fiscal union means: it is one economic policy, one taxation system, one social security system, one debt, one economy, one finance minister. And all of the above would be German.
Right now, the EU is a terribly undemocratic institution. Individual voters have next to no power over the control freaks that run things in Brussels. Every single day, the EU becomes a little bit more like the former USSR.The last thing that the people of Europe need to do is to give the EU more power.But that is exactly what the elite of Europe want.They want a United States of Europe.And they may just be willing to allow a massive financial crisis to happen in order to get it.

http://www.infowars.com/credible-terror-alert-turns-into-feamongering-farce/
Credible Terror Alert Turns Into Fearmongering Farce-Ludicrous overreaction to airplane bathrooms visits underscores the fact that the terrorists have won Paul Joseph Watson Infowars.com Monday, September 12, 2011

The consequences of a credible and specific warning that terrorists were planning to blow up bridges or tunnels on the anniversary of 9/11 turned into a police state showcase and ended in a farce when fighter jets were scrambled as a response to people visiting airplane bathrooms.Following days of endless fearmongering prompted by a reliable source who provided uncorroborated information that Al-Qaeda was planning to strike this weekend, we were saturated with images of police brazenly violating the 4th amendment by conducting sweeping vehicle and bag searches, national guard troops with guns, and random checkpoints, all serving as a reminder that the terrorists really did win.But what became of the deadly terror plot? Was the attempt foiled by the suffocating but necessary security procedures? Fighter planes were scrambled, bomb squads were called, FBI command centers went on alert and police teams raced to airports today, but in the end two separate airline incidents were caused by apparently innocent bathroom breaks and a little making out,federal officials said,reports ABC News.F-16 fighter jets were scrambled to follow a Frontier Airlines flight from Denver to Detroit after reports that three passengers, two men and a woman, were acting suspiciously and spending lengthy amounts of time in the bathroom.After landing in Detroit, police stormed the plane with guns drawn and ordered everybody to put their heads down and their hands on the seat in front of them.The policeman said everybody remain seated. Everyone remains seated. If you get out of your seats you will be taken care of quickly, said Marilyn Dietrick, reports ABC 7.Passengers were then ordered off the plane without their belongings and forced to undergo FBI questioning while bomb-sniffing dogs searched their luggage.No one was hurt and so far no one has been placed under arrest. All of the detained passengers, including the three who were first taken off the plane, have been released, reports ABC 7.It turned out that the suspicious behavior was two people making out in the bathroom mid-flight, law enforcement sources told ABC News.

In another incident, two fighter jets were scrambled to escort an American Airlines jet into New York’s JFK airport. Again, the suspicious behavior that prompted the alert comprised of passengers visiting the restroom.So the serious and sober terror alert that provoked thousands of headlines and a multi-million dollar security response, while of course presenting the perfect opportunity to reinforce the police state by invoking 9/11, culminated in nothing more than an almighty freak out in response to a few people eager to use the bathroom.The whole farce underscores the fact that the terrorists have won. The goal of terror is to fundamentally change society so that the population alters their behavior and willingly relinquishes their freedom through fear. By exploiting the threat of terrorism to provoke fear, the federal government has achieved this objective.The fact that Americans are more likely to die from intestinal illnesses, accident-causing deer, and allergic reactions to peanuts than they are in terrorist attacks is buried amidst all the panic and hand-wringing about deadly plots that never come to fruition, but do serve to justify the bloated Homeland Security state that has swallowed up America in the drive for profit and control.This is why military-industrial complex publications like National Defense have openly expressed the need to maintain fear and an unrealistic American perception of risk regarding terrorist attacks in order to drive up profits.This can only be accomplished with the complicity of the establishment media, who are certain to hype more dubious terror alerts, which former DHS head Tom Ridge admitted were faked and exaggerated for political purposes, in order to generate the kind of hysteria that leads to visits to the bathroom being characterized as suspicious and terror-related.

J.P. Morgan's Dimon Blasts Basel as Anti-American
September 12, 2011 10:58 AM EDT

J.P. Morgan Chief Executive Officer Jamie Dimon thinks that the Basel III banking regulations are anti-American.In an interview with Financial Times, Dimon blasted the Basel group for pushing regulations on large global banks too far, saying that the rules hurt American financial institutions in particular.I'm very close to thinking the U.S. shouldn't be in Basel anymore. I would not have agreed to rules that are blatantly anti-American, he said in the interview.Our regulators should go there and say: If it's not in the interests of the U.S., we're not doing it.Basel III requires JPMorgan to physically hold 9.5 percent of its risk-weighted assets to assure financial security. Dimon was particularly upset by new regulations on covered bonds, which are ubiquitous in Europe but not used much in the U.S. market.

Covered bonds are treated as a highly liquid investment in the Basel regulations, but the group discounted government-backed mortgage-backed securities, which Dimon feels are the U.S. equivalent.I think any American president, secretary of Treasury, regulator or other leader would want strong, healthy global financial firms and not think that somehow we should give up that position in the world and that would be good for your country, said Dimon.If they think that’s good for the country then we have a different view on how the economy operates, how the world operates.Critics are flocking to both sides of the debate, some agreeing with Dimon and others condemning him.Jamie Dimon appears to be suffering from a form of delusional paranoia that makes him believe everyone is out to get his bank, wrote The Street columnist Glenn Hall.Some form of self-delusional dementia is causing Dimon to confuse rules targeting the largest banks in the world as rules targeting American banks.Yet CNBC came to Dimon's aid, particularly concerning the covered bonds.We're so accustomed to reading the statements of banking executives with cynical eyes that it would be easy to miss the point that this time it is different. Dimon is right, wrote Senior Editor John Carney.If anything, his criticisms of the direction of the international regulations, known as Basel III, don't go far enough.

Texas fire destroys 1,554 homes, 17 people missing AP By RAMIT PLUSHNICK-MASTI - Associated Press,WILL WEISSERT - Associated Press | AP – SEPT 12,11

BASTROP, Texas (AP) — Drawn to the quaint Central Texas town of Bastrop by the promise of life in a quiet, wooded area, Frank Davis moved into his new home two Saturdays ago. The next day, he and his wife evacuated when a monster wildfire moved in.Now, there's nothing left.The fire was so hot, there are even panes of glass that melted, said Davis, a 47-year-old home remodeler who came to Bastrop from Austin, about 30 miles away. It's all gone.The number of homes destroyed by a still-raging wildfire here rose on Sunday to 1,554 and will increase further as emergency crews enter areas where the blaze has been extinguished. Seventeen people remain unaccounted for, but officials believe they could simply be out of town.Bastrop County officials joined by Democratic U.S. Rep. Lloyd Doggett sought to provide new information to hundreds of residents evacuated a week ago, when blustering wind whipped up by Tropical Storm Lee swept across parched, drought-stricken Texas — helping to spark more than 190 wildfires statewide that killed four people.The worst of the fires is the one in Bastrop that has consumed more than 34,000 acres.Crews have now contained more than 50 percent of the blaze, paving the way for people to begin returning home and trying to rebuild their lives from the remains of the smoldering rubble.For Davis, a first-time homebuyer who paid cash and moved in without insurance, that means living in a mobile home on his charred property while he rebuilds. In the meantime, he and his wife are staying with relatives.I do intend to stay,he said.Davis saw his property when a sympathetic police officer let him slip into an otherwise inaccessible area so he could catch a glimpse of his land.

Others who were forced to evacuate have not yet had that opportunity. Many still don't know what became of their homes.Beginning Monday, county officials will begin allowing them to slowly re-enter scorched areas as authorities ensure the land has properly cooled and hotspots are extinguished. Some were given only minutes to evacuate as the raging blaze surrounded homes and neighborhoods. Some had time to gather a few important belongings, others fled with only the clothes on their back.
George Helmke, 77, a retired Delta airlines gate agent, is scheduled to return home Thursday. Until then, a police roadblock some 150 yards from his property is preventing access — even though there is no fire damage.It's almost inhumane and I'm very frustrated, said Helmke, who said he has been unable to get heart and other medications from home. These are expensive medications. I tell these folks that, but they just sort of brush you off,he said.Others are even more desperate.Tiffany and Bill Roberts started a Facebook page pairing families in need with those who want to help. Since Wednesday, more than 1,000 people have joined, and around 70 families have found sponsors who have helped them with everything from finding donated clothes and legal aid to securing a place to stay.Donation centers in Bastrop are so overwhelmed that they've stopped accepting clothing and other items. As a result, the Roberts have filled their lawn with donations: folding tables piled with everything from clothes to kitchen utensils to stuffed animals; dressers cluttered with lamps and other electronics standing next to piles of DVDs, VHS tapes and CDs.
One evacuee hunted for a hairdryer. When she failed to find one in the items on the lawn, Roberts went to her own bathroom.I said give her ours, we don't use it, said the 40-year-old.Single-mother Latasha Payne and her five sons, ages 4 to 11, rummaged through the items looking for toys. The family hasn't been back home and doesn't know what's left — but the 31-year-old said two of her kids have severe asthma, so they will have to move anyway.

A state voucher is allowing the family to stay in a hotel for free for a week. After that, Payne, a full-time college student, doesn't know what she will do.I really don't have a plan, she said, her voice cracking.It's definitely going to be a fight tooth and nail for rental property.The federal government on Friday declared Texas a disaster area, paving the way for individuals to get financial aid. Congressman Doggett said families will be eligible for up to $30,000 to pay for expenses not covered by insurance policies, such as temporary housing and even construction costs.
The $30,000 can only go so far toward the expenses that some of you have,Doggett said. But I think it can be a lot of assistance.On Monday, schools will open for the first time since the Bastrop blaze erupted. So many people are living in the town's Super 8, Best Western and Holiday Inn that school buses will stop at all three.The monster blaze that has done the most damage to Bastrop resulted when two fires joined a week ago. Investigators won't know for several weeks what caused them, Pickering said. Some smaller fires that flared up since then could have been deliberately set, he said.We had reports from around the community of vehicles driving around that we suspect are starting fires, Pickering said.I have no confirmation of that.North of Houston, meanwhile, firefighters say a tri-county blaze that has consumed more than 20,000 acres and destroyed nearly 60 homes is also half contained.Weissert reported from Bastrop, Texas. Plushnick-Masti reported from Houston and can be followed on Twitter at http://twitter.com/RamitMastiAP

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 SEPTEMBER 12,2011

09:30 AM -2.25
10:00 AM -80.70
10:30 AM -78.34
11:00 AM -126.61
11:30 AM -78.67
12:00 PM -72.43
12:30 PM -109.40
01:00 PM -115.22
01:30 PM -136.95
02:00 PM -120.75
02:30 PM -138.19
03:00 PM -114.05
03:30 PM -62.59
04:00 PM +68.99 11,061.12

S&P 500 1162.27 +8.04

NASDAQ 2495.09 +27.10

GOLD 1,818.70 -48.80

OIL 88.79 +1.55

TSE 300 12,148.80 -238.70

CDNX 1745.53 -39.57

S&P/TSX/60 691.85 -14.20

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -60 points at 4 minutes of trading today.
Dow -129 points at low today.
Dow +2 points at high today so far.
GOLD opens at $1,836.40.OIL opens at $87.64 today.

AFTERNOON,NEWS,STATS
Dow -167 points at low today so far.
Dow +2 points at high today so far.

WRAPUP,NEWS,STATS
Dow -167 points at low today.
Dow +70 points at high today.

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

Euro extends losses, hits 10-year trough on yen
Reuters By Ian Chua – SEPT 11,11

SYDNEY (Reuters) – The euro got off to a rocky start in Asia on Monday, falling to fresh six-month lows against the greenback and a 10-year trough on the yen as downside momentum picked up pace after several key technical levels gave way recently.The common currency fell as low as $1.3550 and to around 104.90 yen, as more negative news flow from Europe over the weekend hit already shaky sentiment.
There is little in the way of market-moving data on Monday and nothing concrete came from the Group of Seven finance chief meeting on Friday to distract investors from the euro zone's woes.Fears about a Greek default rose after senior politicians in German Chancellor Angela Merkel's center-right coalition started talking openly about it.This came on top of Juergen Stark's surprise departure at the European Central Bank last week, which has highlighted major disagreement among top policymakers on how to tackle the region's debt problem.Markets are also bracing for possible ratings downgrade on France's top banks, as well as Italy's sovereign rating. Moody's warned on June 17 that it may cut Italy's credit ratings in the next 90 days.By Friday at the latest, it is likely Italy will have their Aa2 rating from Moody's lowered ... Moody's rating of Italy is currently two notches below AAA, compared with three notches with Fitch and four notches with S&P, this can be seen as catch-up, Richard Kelly, head of European rates and fx research at TD Securities wrote in a note.The euro was last at $1.3605 in very choppy trade, down from $1.3665 late in New York on Friday. It was seen heading toward support around $1.3410, the 50 percent retracement of June 2010 to May 2011 rally.

Against the yen, the common currency was at 105.21, having fallen as low as 104.90 on EBS, depths not seen since mid-2001.With the Swiss franc no longer a safe harbour due to Swiss National Bank selling, and the yen also dogged by the danger of intervention from Japan's authorities, the greenback became the best performer among major currencies.The dollar index hit 6- month highs at 77.580 and was last up 0.3 percent on the day at 77.399. Against the yen, the dollar was at 77.49, holding near a one-month high around 77.85 set on Friday.For now, your best bet is a higher U.S. dollar against most currencies, but in particular against the euro and the commodity currencies, said Joseph Capurso, strategist at Commonwealth Bank in Sydney.Indeed, commodity currencies were under pressure on Monday with the Australian dollar falling to a near three-week low around $1.0397. It was last at $1.0404.Trading was choppy with volumes likely to be thinner than usual as several centres in Asia, including China, are closed for a holiday.(Editing by Wayne Cole)

World bank to invest in new hedge fund
Reuters By Stephen Mangan | Reuters – SEPT 11,11

LONDON (Reuters) - The World Bank is investing in a hedge fund in order to help banks reduce capital that new rules will force them to set aside against loans to small companies in emerging markets, the Financial Times reported on Monday.The International Finance Corp, the World Bank's private-sector lending arm, is putting $100 million into a new fund being set up by Christofferson Robb & Co, which is based in London and New York.The firm's New York founders are raising another $300 million (189 million pounds) from private investors.The hedge fund will put up cash to cover unexpected loan losses in return for a cut from a bank. The fund's cash will lower the bank's requirements under the Basel rules and reduce the impact of planned tighter rules.The FT said the IFC fund will operate mainly with big international banks and will encourage an extra $2.5 billion to $4 billion of lending to developing countries.Involved banks will be required to recycle the money freed by the bilateral synthetic capital release securities that the fund creates back into developing markets.(Reporting by Stephen Mangan; Editing by Leslie Adler)

Crucial Italy austerity package enters home stretch
Reuters By Philip Pullella – Sun Sep 11, 6:51 pm ET

ROME (Reuters) – Italy's often revised 54-billion-euro austerity package enters the final stretch on Monday when cuts aimed at balancing the budget by 2013 go before the lower house of parliament, with approval due later in the week.The package, which was approved by the Senate last week, goes to the Chamber of Deputies as Economy Minister Giulio Tremonti is preparing to unveil new measures to spur growth.
The programme going to the lower house includes a 1 percent increase in value-added tax, adjustments to pension rules and a special 3 percent levy on incomes over 300,000 euros ($422,000), as well as cuts to government spending.However, infighting between different factions and clear divisions between Tremonti and Prime Minister Silvio Berlusconi have led to the package being chopped and changed so frequently that its credibility has been badly damaged.Italy, the euro zone's third largest economy, has moved firmly to the center of the crisis over the past two months as Berlusconi's fractious center-right coalition has dithered over measures to stimulate growth and cut its vast debt pile.Last week, Italian bond yields, which have been contained by European Central Bank intervention over the past month, spiked sharply after ECB board member Juergen Stark resigned over his opposition to the policy.The ECB's purchases of Italian bonds has been the only thing preventing Rome's borrowing costs from spiraling out of control as market doubts have grown over whether Italy can keep control of its 1.9-trillion-euro debt pile.The ECB has demanded that Rome takes urgent action to cut a public debt pile equivalent to 120 percent of gross domestic product, second only to Greece in the euro zone.In an attempt to show its resolve, the cabinet also signed off on a planned constitutional amendment that would bind governments to running balanced budgets from 2014 onwards unless an exception was sanctioned by a vote in parliament.But the amendment, which would prevent governments from running a deficit, is largely symbolic for now since it would likely take years to implement.

PLANS TO SPUR GROWTH

More imminent are plans by Tremonti to introduce measures to spur growth after the austerity package becomes law.According to media reports, the plans to spur growth include revenues from auctions for new permits for fourth generation broadband internet and incentives for investments in the south, where unemployment is higher than in the rest of the country.They also include plans to use more European Union funds to help growth.The debt crisis has prompted more calls for Berlusconi to step down for the good of the country.Emma Marcegaglia, head of the employers federation Confindustria, made a pointed suggestion that the government should step aside if it could not address problems that were putting the future of Italy at risk.Pierferdinando Casini, head of the small opposition UDC party, called for Berlusconi to step down and give way to a government of national unity to lead the country until the next scheduled national elections in 2013.Berlusconi and his top aides rejected both calls, saying the government would remain in office until the end of the legislature as planned.Berlusconi faces fresh accusations connected with a two-year old prostitution scandal.Naples magistrates have been investigating allegations that he paid around 750,000 euros to a southern Italian businessman to hush up a prostitution affair dating back to 2009, adding an extra distraction to attempts to address the debt crisis.He is not accused of any wrongdoing himself in the affair, which magistrates are treating as a case of extortion, but it risks damaging his already battered standing as potentially embarrassing revelations appear in the press.Berlusconi had been due to be questioned by magistrates as a witness on Tuesday but has informed magistrates he will not be able to make the appointment because he has to go to Brussels for an EU meeting.(Editing by Karolina Tagaris)

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.

10 YEARS AFTER 911 - TAMAR YONAH - AMERICA PROTECTS DRUG TRADE IN MUSLIM COUNTRIES
http://www.israelnationalnews.com/Radio/News.aspx/3392#.Tm0KrOztg44
http://www.israelnationalnews.com/News/News.aspx/147764#.Tm0Hweztg44
OBAMA & ISLAM
http://www.youtube.com/watch?v=3BRxcTRoFkc
http://homelandsecurityus.com/archives/5228

Purity of Arms Shackles IDF as Gaza Snipers Attack-Gaza terrorists find a new way to terrorize residents of southern Israel, this time with no notice. IDF fears hitting civilians.By Maayana Miskin First Publish: 9/11/2011, 9:51 PM

Gaza terrorists have found a new way to terrorize residents of southern Israel – by hiding among civilians in residential buildings near the security barrier and firing on Israeli homes. Previously terrorists used sniper fire to attack farmers at work near the barrier.Arutz Sheva spoke to Ashkelon Coast regional chairman Yair Farjun about the latest attacks, which began Friday morning with sniper fire on homes in Netiv Haasarah.The new attacks are particularly frightening because they come without warning, Farjun said. Mortar shell and rocket attacks are often preceded by a Color Red rocket alert, which usually gives a 15-second interval to seek shelter.

In addition, he said, the bullets make almost no noise when they hit their target – meaning first response crews are unaware of the attack, which could mean a critical delay in assisting the wounded.Friday’s terrorist attacks ended in direct hits on two homes and a small local store. In two cases, bullets bounced around an occupied room, changing direction multiple times, but miraculously, did not cause injury.
Previously, a terrorist sniper attack killed a Thai citizen as he worked in fields outside Gaza.Houses have become a target as well as terrorists make use of upper stories in buildings in Beit Hanoun and Beit Lahiya, Farjun explained.
Their tactic is likely to impede the IDF’s ability to respond, he noted.It’s a question of purity of arms,he said. An immediate strike on the terrorists, the usual response to rocket fire, would be likely to endanger civilians in the same building as the snipers -– a risk IDF commanders want to avoid.Farjun expressed confidence that the IDF would manage to deal with the problem despite the difficulties involved, and preferably without entering Gaza, an option he described as less than preferable.The concept of purity of arms dates back to the IDF's earliest days and is part of an attempt to educate soldiers to avoid killing civilians if at all possible. Critics of the approach contend that excessive attempts to avoid killing civilians on the enemy side wind up costing the lives of Israeli soldiers and civilians.

Arab League, Syria Reach Deal on Reforms-The Arab League has allegedly reached a deal with Syria on reforms to end government violence against protesters.By Chana Ya'ar First Publish: 9/11/2011, 12:39 PM

The Arab Leagued announced Sunday it has reached a deal with Syria on reforms aimed at ending government violence against protesters.Nabil el-Araby, head of the Arab League, said he reached the agreement during talks with Syrian President Bashar al-Assad in Damascus on Saturday.We have reached agreement on steps to carry out the reforms, [and] the elements will be submitted to the council of the Arab League, which meets in Cairo on Monday,he said in a statement to journalists in Egypt.According to the state-run Syrian news agency SANA, el-Araby affirmed the Arab League's rejection of all forms of foreign interference in Syrian internal affairs. The two leaders also allegedly agreed on a number of practical steps for speeding up the reform process in Syria.However, no concrete details were forthcoming from either leader. A number of foreign ministers from the 22-member Arab League had urged Assad weeks ago to end his brutal crackdown on protesters and resort to reason before it's too late,according to a report posted Sunday by Al Jazeera.El-Araby was believed to have called for the withdrawal of troops and tanks from Syrian cities and towns, and to push for elections within three years -- but no sign of such a move was seen in any of the announcements following the meeting in Damascus.Meanwhile the Syrian activist network, the Local Coordination Committees, told journalists that 15 people were killed by Syrian government troops on Saturday.

Twelve of the victims had died in another crackdown in the central city of Homs. The other three murders were reported in the northern Idlib province in the village of al-Rami and in Saraqeb.The northern Idlib province and the central city of Hom are both considered hotspots of rebellion by the Syrian government, and are areas to which the security troops return repeatedly to carry out murderous operations, none of which have stopped the weekly Friday protests across the country.

Arab MK: Israel Faces Extinction in Mideast-An Arab MK says Israel faces a black future and will cease to be a part of the Middle East if it does not recognize its crimes.By Tzvi Ben Gedalyahu First Publish: 9/11/2011, 8:03 AM

An Arab MK said that Israel in effect will cease to exist if it does not see the break-in at the embassy in Cairo and sanctions by Turkey as only the beginning of a reaction its crimes.Ibrahim Sarsur, of the Ra'am-Ta'al party, charged that Israel’s reactions to the break-in at the Cairo embassy Friday and Turkey’s recent sanctions against Israel are a death blow to peaceful relations.The Israeli legislator from the Israeli Arab community accused Israel of behavior that damages the Arab people and their national honor by what he called the criminal acts against Turkey that resulted in the murder of nine Turkish citizens on a peaceful mission., referring to last year’s flotilla clash when Turkish terror activists attacked Navy commandos trying to stop the Mavi Marmara boat from breaking the maritime embargo n Hamas-controlled Gaza. A recent United Nations report concluded that Israel's blockade of Gaza is legal.Sarsur also stated that Israel’s murder of five Egyptian soldiers in the Sinai during last month’s terrorist attacks north of Eilat which initiated in Egyptian territory, along with Prime Minister Binyamin Netanyahu’s refusal to apologize to Turkey for the flotilla clash, are the reasons for what he said are natural reactions of Egypt and Turkey.He added, The reactions are the tip of the iceberg, and Israel can expect further such developments from other friendly nations so long as it and its American ally do not learn their lessons and do not change their policies.

The Jewish-Zionist ideology sees only itself and does not recognize the rights of an independent Palestinian Authority on their ancestral land. Anything is possible, including a Middle East without Israel.The first thing Israel and the United States must do is understand that the future of Israel depends on good relations with the Palestinian people and the Arab world, according to the Arab MK.There is no hope for stability in Israel in the region if the aims of nationhood for the Palestinian Authority are not fulfilled, he added. Sarsur also took direct aim at President Barack Obama, and called n the United States to force Israel to obey international law to save itself from a black future.He warned that if the rights of the Palestinian people are not restored, the break-in at the embassy in Cairo and the Turkish sanctions agonist Israel are only the beginning.He stated that, although the break-in at Israeli embassy in Cairo may have been a violation of international law, Israel deserves far worse blame for the “occupation of Al Quds (Jerusalem).

Report: Jordanian Security Increased Around Israeli Embassy-The Israeli embassy in Jordan has increased security after Friday's attack by Egyptian protesters on Israel's embassy in Cairo.By Chana Ya'ar First Publish: 9/11/2011, 6:11 PM

Security has been increased around the Israeli embassy in Jordan after Friday's attack by Egyptian protesters on Israel's embassy in Cairo.Arab media sources reported Sunday two armored vehicles and an undetermined number of forces were deployed in the streets around the embassy, located in Amman. According to the reports, extensive Jordanian security forces were placed around the A-Rabiyeh neighborhood.There has been no comment from Israel's Foreign Ministry.Earlier Sunday, Prime Minister Binyamin Netanyahu said in remarks at the start of the weekly Cabinet meeting that the weekend had been difficult, very challenging.After thanking the foreign and defense ministers as well as the heads of the Israel Security Agency (Shin Bet) and the Mossad, the IDF chief of staff and other security personnel, Netanyahu said, I think that with very accelerated work we succeeded in preventing a very near disaster. The rioters broke into the embassy building, entered the embassy area itself, and were only one door away from our people, who were besieged in there.
Egyptian commandos extricated six Israeli guards in a special operation after intense encouragement from U.S. President Barack Obama, who became involved at a critical time in order to use America's influence on the issue,Netanyahu noted.I think that it was clear that this was the realization of the basic norm of every government to protect foreign embassies,he added.Those who tore up the flags apparently shrink at nothing and they are not so much interested in the fine details, they deny the peace. They deny the state... There are also other voices, that want to continue advancing the peace,however, he observed.Jordan was the second Arab nation to sign a peace treaty with Israel, in 1994, following Egypt's example after it led the way in March 1979.

Israel, Egypt try to stem damage from embassy riot AP By DIAA HADID - Associated Press,MAGGIE MICHAEL - Associated Press | AP – SEPT 11,11

CAIRO (AP) — Israel and Egypt's leadership tried Saturday to limit the damage in ties after protesters stormed Israel's embassy in Cairo, trashing offices and prompting the evacuation of nearly the entire staff from Egypt in the worst crisis between the countries since their 1979 peace treaty.The 13-hour rampage deepened Israel's fears that it is growing increasingly isolated amid the Arab world's uprisings and, in particular, that Egypt is turning steadily against it after the fall of Hosni Mubarak, the authoritarian leader who was a close ally.In Israelis' eyes, the scene of cars burning outside the embassy and the tale of six Israeli guards trapped inside for hours in a steel-doored safe room underscored their view that anti-Israeli sentiment in Egypt was running free after decades of being contained by Mubarak's regime. The ousted leader's powerful security forces never would have let a protest get near the Nile-side embassy.Egypt's new military rulers, in turn, appear caught between preserving key ties with Israel — which bring guarantee them billions in U.S. military aid — and pressure from the Egyptian public. Many Egyptians are demanding an end to what they see as too cozy a relationship under Mubarak, who they feel knuckled under to Israel and the U.S., doing nothing to pressure for concessions to the Palestinians.Egyptian security forces did nothing as hundreds of protesters massed Friday outside the Nile-side high rise residential building where the Israeli Embassy is located and tore down a concrete security wall Egyptian authorities erected there only weeks earlier. Many protesters saw the wall as a symbol of the government's willingness to protect Israelis but not Egyptians, since it was put up to keep back protests after Israeli forces chasing militants accidentally killed five Egyptian soldiers in the Sinai Peninsula.

Police and military also did little initially when a group of around 30 protesters after nightfall climbed in a third-story window and raced up to the embassy floors, broke into an office and began throwing Hebrew-language documents to the crowd below. The protesters ransacked parts of two floors of the embassy for hours until police finally managed to clear them out in the early hours Saturday.Frantic Israeli calls to President Barack Obama brought American intercession to help ease the violence.An Egyptian security official said the ruling military did not order the police to clamp down on the protests outside in order to avoid a massacre. They couldn't move more quickly to clear out protesters inside the embassy because the fervent crowd outside considered them heroes, he said, speaking on condition of anonymity because he wasn't authorized to talk to the press.But in a Saturday evening television address, Israeli Prime Minister Benjamin Netanyahu avoided any condemnations and instead stressed the need to maintain its strategic relationship with Egypt, whose peace with Israel — though sometimes chilly — has been a vital peg of stability for the Jewish state.We will continue to keep the peace with Egypt it is an interest of both countries, Netanyahu said.He thanked Egyptian commandos for rescuing the six trapped embassy guards, saying they prevented a tragedy without a doubt and stressed that Israeli officials had been in touch with Egyptian counterparts throughout the unrest.Still, he and his Foreign Minister Avigdor Lieberman hinted the American intervention prompted Egyptian authorities to act. Both profusely thanked President Barack Obama for helping.I asked him to help, it was a decisive moment, I would even say fateful, he said he would do everything he could to help and he did so. He deployed all means and influence and I think we owe him a special thank you, Netanyahu said.Lieberman said that after Netanyahu's call to Obama, we immediately felt a change, a little more movement on the Egyptian side and I think that without elaborating the U.S. representatives did extraordinary work and they deserve the credit.Both said Israel would send back its ambassador once conditions are right. The ambassador and the entire embassy staff except for one deputy ambassador were evacuated overnight from Egypt along with their families.From the Egyptian side, the ruling military council and civilian government underlined in a statement read on state TV that Egypt is committed to international conventions and the protection of diplomatic missions.They also vowed to crack down on future protests at the embassy, warning that Egypt was experiencing a real predicament that threatens the very body of the state that requires decisive actions.To safeguard the state,they said they would re-invigorate parts of hated emergency laws, which for months the military has promised to abolish in a concession to demands for reform.

Mubarak was a close ally of the Israelis, building economic ties and cooperating with them on security, particularly helping in the Israeli blockade of the Gaza Strip. Since his Feb. 11 fall, ties between the two countries have steadily worsened as Egypt's new military rulers ease off his pro-Israeli policies, including opening the border with the Hamas-ruled Gaza Strip.Anger flared last month after the deaths of the five Egyptian police officers in Sinai, killed by Israeli forces chasing Gaza militants who carried out a deadly attack in Israel. Mass protests flares in Cairo, demanding the expulsion of the Israeli ambassador. The military nearly pulled Egypt's ambassador to Israel in protest. Calls have even grown in Egypt for ending the historic 1979 peace treaty with Israel.The deterioration with Egypt comes as Israel has also been hit by a major downturn in ties with longtime Turkey. After Israel refused to apologize for its deadly raid on a Gaza-bound aid flotilla last year that killed eight Turks and a Turkish-American, Turkey expelled several senior Israeli diplomats, suspended military cooperation with Israel and boosted naval patrols in the eastern Mediterranean in response.Israel is also feeling the heat from Palestinian plans to unilaterally seek recognition of an independent state at the United Nations this month amid a long stalemate in the peace process. Israelis also fear that the Arab spring could bring rising influence to Islamic fundamentalists in the region.For Egypt, the rioting could worsen ties between the ruling military and young protest activists, who are sharply critical of its handling of the post-Mubarak transition. Increased use of emergency laws is likely to anger many.

Clashes outside the embassy lasted for hours when police and military finally moved in, leaving three people dead, more than 1,000 hurt and 30 arrested. Police and army troops fired tear gas and shot live ammunition in the air trying to disperse the crowd of thousands, as cars, police vehicles and trees on the streets were set ablaze.Saturday morning, the streets around the embassy were littered with debris and charred cars. Dozens of police vehicles and armored troop carriers lined up the streets leading to the embassy and the nearby police headquarters in Giza.Hadid reported from Jerusalem. Associated Press Writer Aya Batrawy in Cairo contributed to this report.

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.

PA Denies Split with Jordan on UN Statehood Bid-Palestinian Authority Chairman Mahmoud Abbas denies a split with Jordan on the upcoming UN statehood bid. German official meets in Ramallah.By Chana Ya'ar First Publish: 9/11/2011, 11:23 AM

Palestinian Authority Chairman Mahmoud Abbas is denying a split with Jordan over the upcoming bid for PA statehood and membership at the United Nations General Assembly.
The U.N. opens the General Assembly on September 20, with Abbas scheduled to address the gathering on September 22, the last day of the first of two sessions.Abbas told the Jordanian al-Rai newspaper on Sunday that the PA and the Hashemite Kingdom had fully coordinated their positions on the PA's bid for recognition by the U.N. as a new Arab country.However, Abdullah has repeatedly advised Abbas to reconsider his insistence on pushing for recognition of statehood at the United Nations. Most recently Abdullah was more direct about the matter, allowing a leak two weeks ago in the Saudi Arabian newspaper, Al-Madina that he had consulted legal authorities who warned the statehood bid could jeopardize the right of return for millions of PA Arabs and their descendants trying to move into Israeli territory.The issue is of direct concern to the Hashemite Kingdom, where more than 60 percent of the population is comprised of disenfranchised PA Arabs, ruled by Abdullah's tribal Bedouin government. Abdullah and many of the elite Jordanians have often expressed support for the return of their PA Arab population to lands across the border.Also on Sunday, German Foreign Minister Guido Westerwelle is scheduled to meet with the Abbas on the issue at PA headquarters in Ramallah.Germany has stood firm on its opposition to the PA's intent, determined instead to support a final status agreement negotiated between the entity and Israel through direct talks, as agreed upon in the 1993 Oslo Accords.

Arabs nations to get $58 billion to reward reform APBy GREG KELLER - AP Business Writers,SARAH DiLORENZO - AP Business Writers | AP – Sat, Sep 10, 2011

MARSEILLE, France (AP) — Wealthy countries and international lenders promised more money Saturday to encourage democratic reforms in Arab nations, promising at least $58 billion.After Tunisia and Egypt ousted their authoritarian regimes earlier this year, eight of the world's most developed economies along with rich Arab countries and a raft of development banks had pledged in May to give $40 billion in support to their nascent democracies and hopefully keep them on the path to open government.
Those uprisings set off a cascade of revolts across the Middle East, and the Group of Eight and others are now increasing their pledges and expanding the recipients to include Morocco and Jordan.So far, at least $58 billion has been promised to the four countries — $38 billion from development banks through 2013 and more than $20 billion from the G-8 and the wealthy Arab countries.Saturday's meeting was notable for its inclusion of Libya, where rebel forces recently took control of most of the country and are working to create a government to replace Moammar Gadhafi's brutal regime. Libya is not yet officially part of the program but could soon receive funding, according to Canadian Finance Minister Jim Flaherty.Libya's vast oil wealth means it is unlikely to need substantial aid over the long term, but its oil exports slowed to a trickle during recent fighting, and the country is still waiting for funds that were frozen under Gadhafi to be handed over to them. Flaherty indicated that the program could bridge the gap.We did not discuss quantum, but we discussed, yes, the reality that the Libyans may require some assistance in the short term, Flaherty said.

Earlier in the day, British Treasury chief George Osborne said officials would also commit to lifting sanctions on Libya, unfreezing its assets, and also significantly get oil production going as quickly as possible.Libya's new ambassador to France Mansour Seyf al-Nasr called the meeting a success.Tunisia's finance minister, Jelloul Ayed, also praised the meeting.A very successful meeting. The financial commitment that we obtained today is a general commitment,he said, noting that it would be determined later how much each of the Arab countries gets.In another step for Libya's Transitional National Council, it won recognition Saturday from the International Monetary Fund, according to the organization's chief, Christine Lagarde. She said she would dispatch teams to Libya to help with technical assistance and policy advice as soon as it was safe.The money is intended to help support transparent, accountable government and sustainable and inclusive growth in North Africa and the Middle East, according to a statement from the nine international and regional lenders who pledged the $38 billion.The plan was hatched in May by the G-8 nations — Britain, Canada, France, Germany, Italy, Japan, Russia and the U.S. — as they sought to support the revolts and reforms inspired by the Arab Spring.They hope the money will reward — and encourage — reform. The Syrian government, which is involved in a bloody crackdown on dissent, was pointedly not invited.But there has been criticism that the funds have been slow in coming. French Finance Minister Francois Baroin said Saturday that everyone was working to hand over the money as quickly as possible.

Of the lenders, the World Bank is providing the largest share of financing, with $10.7 billion. The African Development Bank has pledged $7.6 billion, the Islamic Development Bank $4.5 billion, with the rest coming from regional development bodies such as the Arab Fund for Economic & Social Development, the Arab Monetary Fund, and the European Bank for Reconstruction and Development.It wasn't immediately clear how much the G-8 countries were now offering, though Baroin said the commitments had increased strongly. But he only specified France's new pledge, which has more than doubled to $2.7 billion.The IMF also has another $35 billion available for lending to the region, with the focus to be on oil-importing countries suffering from rising food and fuel prices.

NUCLEAR WEAPONS WILL BE USED.

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

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

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

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

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

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

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

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

ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth.
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.(1/2-3 BILLION DIE IN WW3)

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

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

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

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

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

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

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

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

Op-Ed: Us or Them: the US and Hiroshima, Israel and Iran Published: Friday, August 12, 2011 10:41 AM-The same principle holds that the US applied in Hiroshima, their lives or our lives their ideas or our ideas.Yonatan Silverman-The author is a professional translator from Hebrew to English. He is the author of For the World to See:The Life of Margaret Bourke White. He operates the online newsletter SARTABA.

In the US in the 1940s and 1950s the late Margaret Bourke-White was a very famous and exceptionally talented photojournalist. Among other things she loved airplanes and she loved flying. This was also true during World War II when she was assigned to the army as a journalist.At one point in the early 40s she flew in a bombing mission over Tunis and the pilot was Paul Tibbetts, who flew the Enola Gay over Hiroshima and dropped the A bomb there.Some years later, in the 1950s Bourke-White met Tibbetts again at an air base in Kansas. She asked him how he felt about the people on the ground when he dropped the bomb and he said something rather ignorant and unfeeling in reply. Col. Tibbetts said: They’re so poor and miserable it probably helps them as they’d only die anyway…This caused Bourke-White to ask herself if it was necessary to drop the bomb on Hiroshima. She writes: I was distressed that I could feel no emotion. And if I did feel what should I feel? Pity? Regret? She concludes it was necessary to drop the bomb on Hiroshima because the war against Japan was a fight to the finish.It was their lives or our lives, she writes, their ideas or our ideas.Bourke-White’s assessment is totally accurate with respect to the challenge with which the Empire of Japan confronted the civilized world in World War II. According to the historical record, the ideology of Japanese imperialism and world domination which ignited World War II, originated in Japan in the end of the 19th century.

Starting with universal military conscription, in 1873, the Japanese military indoctrinated thousands of men from various social backgrounds with military-patriotic values and the concept of unquestioning loyalty to the Emperor. The Japanese government at this time was strongly influenced by the recent striking success of Prussia in transforming itself from an agricultural state to a leading modern industrial and military power.The government adopted Prussian political ideas, which favored military expansion abroad and authoritarian government at home. The Prussian model also devalued the notion of civilian control over the independent military, which meant that in Japan, as in Germany, the military could develop into a state within a state, thus exercising greater influence on politics in general.
Between World War I and World War II, the Japanese nation embarked on a course of imperialist expansion, using both diplomatic and military means to extend its control over more and more of the Asian mainland. It began to see itself as the protector and champion of Asian interests against the West, a point of view that brought it increasingly into conflict with the Western powers.When its aggressive policies met firm resistance from the United States and its allies, Japan made common cause with the Axis countries of Germany and Italy and launched into war with the United States and the Western alliance.During the 1930s, the military established almost complete control over the government. Many political enemies were assassinated, and communists persecuted. Indoctrination and censorship in education and media were further intensified. Navy and army officers soon occupied most of the important offices, including the office of the prime minister.On account of its desire for world domination, within a short time following the start of World War II, Japan aggressively expanded its control over a large territory that extended to the border of India in the West and New Guinea in the South.

he Islamic Republic of Iran is a latter day Japan. A principle tenet of the Islamic extremism which governs Iran is reviving the Caliphate and the domination of imperial Islamic rule throughout the world. This principle emanates from another extremist Islamic belief which is Triumphalism.Hassan al Banna the founder of the fundamentalist Muslim Brotherhood said: It is the nature of Islam to dominate, not to be dominated; to impose its law on all nations and to extend its power to the entire planet.This also epitomizes Iran’s political raison d’etre. Iran is unquestionably in a war with the West and it is a fight to the finish because Iran’s fanatic Muslim leaders hate western values and western culture generally and are avowed to subdue the West through the superior force of Islam. In particular,Iran’s barbaric leadership hates Jews from the Koran and they lust to annihilate the Jewish people and Israel. Logic dictates that if Iran acquires a nuclear bomb Israel’s neck is the first one in the Iranian nuclear noose. Iran’s fanatic Islamic government really only wants the bomb to wipe Israel off the map.So, the same principle holds that the US applied in Hiroshima, their lives or our lives their ideas or our ideas.
In brief, Israel along with its western allies needs to drop an atomic bomb pre-emptively on some location in Iran to make the same point to the lunatic Ayatollahs that the US made to Japan in Hiroshima.Dropping the A bomb on Hiroshima forced Japan to surrender. It ended a protracted brutal war against a relentless savage enemy, spared the lives of perhaps a million US servicemen, and led directly to the recreation of Japanese society and government according to a rational, civilized, peace oriented model that has stood the test of time.

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.

Monsoon flooding kills 16 in eastern India
AP – Mon Sep 12, 8:02 am ET

BHUBANESHWAR, India – Heavy rains and flooding have killed at least 16 people in eastern India and left nearly 100,000 others homeless, an official said Monday.
Incessant rains have hit the coastal and western parts of Orissa state for 10 days and nearly 2,800 villages have been affected, said S.N. Patra, the minister in charge of disaster management.The rain stopped in most areas by Sunday evening, but the region's main river, the Mahanadi, remained over the danger mark on Monday and about 800 villages were still cut off, Patra said.He said the government has set up about 180 relief camps and army helicopters were dropping food and water packets for people stranded in remote villages.The loss to crops and property is still being assessed, he said.Patra said the deaths occurred over the last four days.India's monsoon season, which runs from June through September, brings rains that are vital to agriculture but can also cause massive destruction.Flooding, landslides and other rain-related events kill thousands of people each year.

Roads closed, rivers still flooded in Northeast
AP – Mon Sep 12, 8:02 am ET

PHILADELPHIA – Roads remained closed in the Northeast on Monday and some rivers were still flooded, days after strong rains from the remnants of tropical storm Lee washed over the region.It could be Wednesday before the Passaic River in New Jersey falls below flood stage, forecasters said. Moderate flooding was occurring, and a flood warning was in place at two places along the river, Pine Brook and Little Falls.The flooding had forced hundreds from their homes in the state, and Lee came quickly on the heels of Hurricane Irene, slowing restoration efforts.Scores of roads were closed in central and northeastern Pennsylvania, where flooding rivers and creeks killed more than a dozen people and tens of thousands of people were evacuated last week, many along the Susquehanna River in Luzerne County. Levees held back the floodwaters in many communities but other, unprotected areas saw massive damage.The flooding surpassed that brought on by Hurricane Agnes in 1972 in some communities, including Bloomsburg, which saw the Susquehanna rise higher than it had been in more than a century.Near the Pennsylvania-New York border, the Susquehanna was about half a foot over flood stage Monday morning but receding.In New York, Gov. Andrew Cuomo planned to head to the Adirondacks to make an announcement about flood damage Monday morning. Many roads there were washed out or sustained other damage from the torrential rains in late August and again last week.

In hard-hit Binghamton in southern New York, some residents were being allowed to return home during daylight to begin cleaning up. Schools and businesses were reopening Monday, and classes were resuming at Binghamton University, the Press and Sun-Bulletin reported.In Port Deposit, Md., most of the 1,000 residents were told to evacuate because of flooding expected from the opening of flood gates at the Conowingo Dam to relieve pressure on the Susquehanna. A few roads were opened on a limited basis Sunday, but the town still required residents along those roads to get permission before returning home.

Nate now a depression, oil contractors found in Mexico Reuters By Roberto Ramirez – Sun Sep 11, 6:20 pm ET

GUTIERREZ ZAMORA, Mexico (Reuters) – Storm Nate weakened to a tropical depression on Sunday as it moved farther inland across the coffee and sugar growing state of Veracruz, in the Gulf of Mexico.Nate, which could still dump one to two inches of rain over Veracruz, is expected to dissipate on Monday, the Miami-based National Hurricane Center said.State oil monopoly Pemex said it had rescued seven out of 10 contract workers who had been missing since Thursday after evacuating a rig in the Gulf of Mexico due to bad weather.Four Mexicans, two Americans and one Bangladeshi were among those rescued in the Bay of Campeche. Two other workers were found dead and one remains missing, Pemex said.The depression was 30 miles south south-west of Tuxpan, with maximum sustained winds of 35 miles per hour, the hurricane center said in its 5:00 p.m. EDT advisory. It is moving west, north-west at eight mph.Veracruz is one of Mexico's top producers of coffee and sugar and flooding could damage recently planted crops. High moisture also can cause fungus in coffee beans and flooding and landslides that could affect transportation routes and delay exports.

Sugar crops in Veracruz were greatly damaged last year in an intense tropical storm season.The oil-exporting port of Cayo Arcas remained closed along with two other smaller ports. Dos Bocas reopened to shipping earlier on Sunday after four days of inactivity.Pemex evacuated 473 workers from five sea platforms as a precaution but had not said if they had started to return to work. Nate had cut Mexican oil production by 178,800 barrels a day as of Friday.Local media reported a fisherman drowned on Friday after strong surf capsized his little boat in the Bay of Campeche area.Meanwhile, the center of Tropical Storm Maria was seen passing well north of Puerto Rico later on Sunday.

Tropical Storm Lee Stalls and Floods Athens, Pa.
ContributorNetwork Amy Timm Browne – Sun Sep 11, 9:58 am ET

FIRST PERSON | When Tropical Storm Lee decided to hang out over the southern tier of New York and Pennsylvania on Sept. 3, no one could have guessed what horrors lay ahead for Athens, Pa.After a few days of steady rains, Wednesday became the catalyst for a tragedy. Athens received 3 inches of rainfall, which sent swollen creeks pouring into the rivers. The Susquehanna River began to rise half a foot an hour.At 6:30 p.m., members of the Athens Borough firemen began to go door to door alerting residents to prepare to move fast. It was voluntary to leave at first. I grew up in this area and when Hurricane Agnes rolled through this area in June 1972. I saw the devastation with my own eyes. I was not sticking around.I spent a few hours with my son Timmy, who is 19, and we put lots of things at least 3 feet off the floor. I prayed that 3 feet would be enough. When Jay, my boyfriend, came with the truck, we were ready to get out of town.We left our home in Athens at 10:30 p.m. on Wednesday and prayed that we would have a home to return to. We went to the home of Thomas and Diana McBride (my sister) on Laurel Hill, far away from the rivers. I thought my daughter and her husband were following us out, but they did not.By 3 a.m. Thursday, they were evacuating the entire town while sand-bagging efforts on the banks of the Susquehanna failed. At nearly 5 a.m., my son sent a text message that simply said I have Amber.Those were the longest two hours of my life. With my two older children safe and sound, I fell back to sleep.

By 6 a.m., most of the downtown area was under water up to the first floor. The rain was still falling as it had for a few days and it continued to fall until early afternoon. We watched the television with my niece Karmie and her son. We saw the horror unfolding in our town and many towns south of us as the raging river rolled south. A home flowing down the river, a soaked woodchuck clinging to a fence and two doe in the middle of the river are images I will never forget.The water in town never crossed the railroad tracks where I live, my home is safe with no damage. Three blocks down homes are in ruins.I am very thankful my home was spared because like many people in my town, I do not have flood insurance. Once we learned the dam upriver had held up, I came back to my home. My daughter and my grandkids were here waiting for me, fresh from a shelter. Amber, her husband Tim and the three kids are with us until power is on in downtown Athens. Their townhouse had some water, but they cannot go back until the power is on. They may be here a few weeks.

DISEASES

REVELATION 6:7-8
7 And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see.
8 And I looked, and behold a pale horse:(CHLORES GREEN) and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword,(WEAPONS) and with hunger,(FAMINE) and with death,(INCURABLE DISEASES) and with the beasts of the earth.(ANIMAL TO HUMAN DISEASE).

More ground turkey recalled because of salmonella
AP By M.L. JOHNSON - Associated Press | AP – SEPT 11,11

CHICAGO (AP) — Cargill Inc. announced a second recall of ground turkey products Sunday after a test showed salmonella in a sample from the same Arkansas plant tied to a recall issued last month.The second recall is much smaller than the one the company issued Aug. 3 for 36 million pounds of ground turkey. That recall followed a salmonella outbreak that federal health officials said had sickened 107 people in 31 states, killing one person.No illnesses have been tied to the second recall, which was initiated after a sample from the company's plant in Springdale, Ark., tested positive for salmonella, the U.S. Department of Agriculture said.Cargill halted production of ground turkey products at the plant Aug. 2 in anticipation of the recall announced the next day, spokesman Mike Martin said. Equipment was taken apart and steam-cleaned. Limited production resumed Aug. 10 after the USDA approved additional anti-bacterial safety measures, Martin said.The sample that tested positive for salmonella was taken Aug. 24, the USDA said. It was the same strain of salmonella tied to the earlier illnesses, the agency said.Martin said Cargill added two additional anti-bacterial washes to its processing process in Springdale after the first recall and instituted what he called the most advanced sampling and monitoring system in the poultry industry.The problem, he said is that salmonella is ubiquitous and can come from soil, water, poultry feed and any number of sources. The challenge for Cargill and other food processors is to try to identify and eliminate the sources, reduce the amount during processing and then test for it.

Food safety is a top priority and taken extremely seriously at Cargill because we know that millions of people throughout the U.S. are eating food that we produce every day and we want to do everything we can to make sure that people are getting the safest food possible, Martin said.Ground turkey production at the Springdale plant has been suspended again while the Minnesota-based company looks at what other safety procedures might be needed, he said. Production of other products, such as whole turkeys, continues, he said.USDA officials did not immediately respond Sunday to messages requesting comment.The second recall covers about 185,000 pounds of ground turkey products, including trays of ground meat, patties and chubs, the USDA said. The products were distributed nationwide under the Kroger, Fresh HEB and Cargill's Honeysuckle White brands.All ground turkey made at the Springdale plant has P-963 or 963 on the package, in a USDA seal or perhaps on the cellophane, Martin said. Consumers who bought products bearing that identification number can call 1-888-812-1646 for instructions on what to do, he said.The recall covers products made Aug. 23 and 24. Cargill also is recalling ground turkey made on Aug. 30 and 31 pending a positive match with a sample, the USDA said.The Centers for Disease Control and Prevention estimates 50 million Americans get sick each year from food poisoning, including about 3,000 who die. Salmonella causes most of these illnesses.

Government officials say even contaminated ground turkey is safe to eat if cooked to 165 degrees. But it's also important that raw meat be handled properly before it's cooked and that people wash their hands with soap for at least 20 seconds before and after handling it. Turkey and other meats should also be properly refrigerated or frozen and leftovers heated.The most common symptoms of salmonella are diarrhea, abdominal cramps and fever within eight hours to 72 hours of eating a contaminated product. It can be life-threatening to some with weakened immune systems.Online:
USDA recall announcement: http://www.fsis.usda.gov/News_&_Events/Recall_071_2011_Release/index.asp Cargill recall announcement: http://www.cargill.com/news/releases/2011/NA3049298.jsp

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS-10 WORLD REGIONS) 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).

UK's Osborne says expects broad EU treaty change in 1-2 years Reuters By Fiona Shaikh | Reuters – SEPT 11,11

MARSEILLE (Reuters) - Europe could agree to broad changes to existing legislation within a year or two that would pave the way for greater fiscal integration of members of the euro zone, British finance minister George Osborne said.But he stressed that Britain would insist on protecting its interests in any new treaty, and that he did not want decisions on European policy to be dominated by a closed shop of euro zone members.Osborne has long argued that members of the single currency should pursue the remorseless logic of monetary union with fiscal union.His interest is in shoring up Britain's major trading markets, not in having any closer involvement in the bloc itself. If anything, London is becoming more disengaged.
Foreign Secretary William Hague said on Saturday he would like to repatriate more powers from the European Union but that the presence of the centrist Liberal Democrats in Britain's coalition government had thwarted him.It's an area we've had to compromise on in return for other compromises,Hague told the Times newspaper.

European leaders have already pledged to enshrine in law the future European Stability Mechanism bailout program for highly-indebted countries, and Osborne said broader changes to European legislation, though not imminent, would not be a long time coming.We're not going to get a new European treaty this autumn, because if there were to be a big treaty change, this would have to be ratified by 27 national parliaments and that would take time, he told reporters on the sidelines of a meeting of finance ministers of the world's seven leading industrialized nations.I think it is on the cards, that there may be a treaty change imposed in the next year or two, beyond what has already been proposed in terms of a small change to put the ESM on to a treaty basis.German Chancellor Angela Merkel said on Friday that the European Union must enact treaty changes in order to strengthen cooperation during the debt crisis.The EU is already discussing toughening up sanctions on euro zone states that breach its budget rules, in an effort to help restore market confidence in euro zone public finances and prevent another sovereign debt crisis.Osborne said it was an absolute requirement that any EU-wide treaty would safeguard Britain's interests in key areas.It is crucial that Britain's interests on financial services, on the single market, on competition are protected, that we're not outvoted by the euro zone, that there is not an in-built euro zone caucus into the system ... that we are able to continue to have a decisive say on things that affect us.Asked about opting out of other parts of the EU, Hague said:It's true of the euro, it could be true of more areas in future. In fact we may get ahead as a result of being outside.
(Editing by Mike Peacock)

WHAT GAMES ARE PLAYED BY NEW WORLD ORDER BANKS

LETS TAKE A LOOK BACK AT THE GOLDMAN SACHS CHARGES AND SEE WHAT GAMES THESE NEW WORLD ORDER BANKS PLAY IN MAKING BIG DEFRAUDED DOLLARS.SEE HOW THESE BANKS GET RICH BY FRAUDULENT MEANS AS REVIEWED IN THIS GOLDMAN SACHS CHARGE.

SECURITIES AND EXCHANGE COMMISSION-Litigation Release No. 21489 / April 16, 2010
Securities and Exchange Commission v. Goldman, Sachs & Co. and Fabrice Tourre, 10 Civ. 3229 (BJ) (S.D.N.Y. filed April 16, 2010)The SEC Charges Goldman Sachs With Fraud In Connection With The Structuring And Marketing of A Synthetic CDO

The Securities and Exchange Commission today filed securities fraud charges against Goldman, Sachs & Co. (GS&Co) and a GS&Co employee, Fabrice Tourre (Tourre), for making material misstatements and omissions in connection with a synthetic collateralized debt obligation (CDO) GS&Co structured and marketed to investors. This synthetic CDO, ABACUS 2007-AC1, was tied to the performance of subprime residential mortgage-backed securities (RMBS) and was structured and marketed in early 2007 when the United States housing market and the securities referencing it were beginning to show signs of distress. Synthetic CDOs like ABACUS 2007-AC1 contributed to the recent financial crisis by magnifying losses associated with the downturn in the United States housing market.According to the Commission's complaint, the marketing materials for ABACUS 2007-AC1 — including the term sheet, flip book and offering memorandum for the CDO — all represented that the reference portfolio of RMBS underlying the CDO was selected by ACA Management LLC (ACA), a third party with expertise in analyzing credit risk in RMBS. Undisclosed in the marketing materials and unbeknownst to investors, a large hedge fund, Paulson & Co. Inc. (Paulson), with economic interests directly adverse to investors in the ABACUS 2007-AC1 CDO played a significant role in the portfolio selection process. After participating in the selection of the reference portfolio, Paulson effectively shorted the RMBS portfolio it helped select by entering into credit default swaps (CDS) with GS&Co to buy protection on specific layers of the ABACUS 2007-AC1 capital structure. Given its financial short interest, Paulson had an economic incentive to choose RMBS that it expected to experience credit events in the near future. GS&Co did not disclose Paulson's adverse economic interest or its role in the portfolio selection process in the term sheet, flip book, offering memorandum or other marketing materials.

The Commission alleges that Tourre was principally responsible for ABACUS 2007-AC1. According to the Commission's complaint, Tourre devised the transaction, prepared the marketing materials and communicated directly with investors. Tourre is alleged to have known of Paulson's undisclosed short interest and its role in the collateral selection process. He is also alleged to have misled ACA into believing that Paulson invested approximately $200 million in the equity of ABACUS 2007-AC1 (a long position) and, accordingly, that Paulson's interests in the collateral section process were aligned with ACA's when in reality Paulson's interests were sharply conflicting. The deal closed on April 26, 2007. Paulson paid GS&Co approximately $15 million for structuring and marketing ABACUS 2007-AC1. By October 24, 2007, 83% of the RMBS in the ABACUS 2007-AC1 portfolio had been downgraded and 17% was on negative watch. By January 29, 2008, 99% of the portfolio had allegedly been downgraded. Investors in the liabilities of ABACUS 2007-AC1 are alleged to have lost over $1 billion. Paulson's opposite CDS positions yielded a profit of approximately $1 billion.The Commission's complaint, which was filed in the United States District Court for the Southern District of New York, charges GS&Co and Tourre with violations of Section 17(a) of the Securities Act of 1933, 15 U.S.C. §77q(a), Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. §78j(b) and Exchange Act Rule 10b-5, 17 C.F.R. §240.10b-5. The Commission seeks injunctive relief, disgorgement of profits, prejudgment interest and civil penalties from both defendants.The Commission's investigation is continuing into the practices of investment banks and others that purchased and securitized pools of subprime mortgages and the resecuritized CDO market with a focus on products structured and marketed in late 2006 and early 2007 as the U.S. housing market was beginning to show signs of distress.http://www.sec.gov/litigation/litreleases/2010/lr21489.htm

TEXT OF THE S.E.C.’S COMPLAINT AGAINST GOLDMAN SACHS-PROSPECTS FOR GOLDMAN ARE DEVASTATING AND COULD LEAD TO ITS COLLAPSE-Sunday 18 April 2010 17:57

IMPLICATIONS OF THE S.E.C.’S CIVIL COMPLAINT AGAINST GOLDMAN SACHS & CO.
We publish below the text of the Complaint lodged by the Securities and Exchange Commission against Goldman Sachs and Co. and a Goldman employee, Fabrice Tourre, filed with the United States Court for the Southern District of New York, on Friday 16th April 2010. This is only the first devastating development which could lead to the collapse of this institution.

• Other entities that have been engaged in similar activities are cruising for a similar bruising.

It is important to note as follows:

(1): This case PRECISELY illustrates, in many exact parallels, the accuracy of the report also dated 18th April 2010 confirming that SECURITISATION IS ILLEGAL.

(2): Specifically, this complaint reveals an ongoing alleged pattern of Fraud in the Inducement, misrepresentation of fact, an intent to deceive targeted against domestic and foreign institutional investors, a conspiracy to procure profits through deception, mail fraud, wire fraud and a general environment of Fraudulent Finance, as specifically exposed for several years by this service.

(3): See in particular: International Currency Review, First Quarter 2009 [Volume 34, Number 2], on Systemic Fraudulent Finance and the de facto (illegitimate) legitimisation of financial corruption through the operation by racketeering money institutions specialising in Fraudulent Finance of sophisticated in Ponzi schemes; edited by your correspondent:

• Architecture of the Corrupt Money Machine:
The Legalisation of Financial Corruption: featuring: the Creation of Securitisation and Credit Default Swaps: Analysis by the US securities expert, Michael C. Cottrell, B.A., M.S.

• Description of the resulting derivative Financial Frauds and Scams, WITH FLOW CHARTS showing how it’s done: Analysis by the US securities expert, Michael C. Cottrell, B.A., M.S.

• Glossary of Exotic Derivatives Market Terminology compiled
by the US securities expert, Michael C. Cottrell, B.A., M.S.

With appendices.

(4): The Complaint has to deal with the material issues that presuppose a likely conviction, and so SIDESTEPS the central issue exposed by the securitisation is illegal report, which is simply that THIS ACTIVITY IS ILLEGAL.

Paragraph 73 of the Complaint [see below] alleges that the defendants, 'in connection with the purchase or sale of securities or securities-based swap agreements, by the use of means or instrumentalities of interstate commerce or of the mails, directly or indirectly (a) employed devices, schemes or artifices to defraud; (b) made untrue statements of material facts or omissions of material facts necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; or (c) engaged in transactions, practices or courses of business which operated or would operate as a fraud or deceit upon persons'.

(5): A German bank based in Düsseldorf, IKB Deutsche lndustriebank AG (IKB), lost about $150 million as a result of this alleged scam. Altogether, investors in the liabilities of ABACUS are alleged to have lost more than $1 billion.

(6): A Civil case is in fact far more prospectively devastating than a criminal case (given that the SEC is dealing with institutions as well as one individual employee to start with), because:

• The case will be decided on the basis of the PREPONDERANCE OF EVIDENCE.

• Scope arises for R.I.C.O. actions providing for awards of three times damages.

• Following conviction, the victims can sue Goldman under R.I.C.O. (three times damages).

• Following conviction, the victims of the victims can sue the first layer of victims, Goldman and the other participants as appropriate under R.I.C.O. (three times damages).

• Individual Directors, executives, securities personnel and those involved in decision-making both within Goldman Sachs & Co. and at other involved institutions, can prospectively be charged individually and severally with fraud.

• The ultimate outcome is that Goldman could be in court for the next 20 years, except that, realistically, it will in all probability cease to exist.

(7): We were authoritatively advised on Saturday 17th April 2010 that this SEC Complaint against Goldman Sachs & Co. and a named Goldman employee was specifically triggered as a DIRECT consequence of the Complaint against the Securities and Exchange Commission and individually and severally against current and former SEC officials filed by the lawyers for the CMKX victims, Hodges and Associates, of Pasadena, CA, in January [see our report dated 9th January 2010] claiming $3.87 trillion following the floating of 2.25 trillion of phantom shares.

Service of that complaint was accepted by the SEC’s Office of General Counsel both on behalf of the SEC and of current officers, while former SEC officers accepted service and had to arrange their own legal representation.

THE S.E.C.’S PRESS RELEASE RE. ITS COMPLAINT AGAINST GOLDMAN SACHS-SEC Charges Goldman Sachs With Fraud in Structuring and Marketing
of CDO Tied to Subprime Mortgages FOR IMMEDIATE RELEASE: 2010-59

Washington, D.C., April 16, 2010 — The Securities and Exchange Commission today charged Goldman, Sachs & Co. and one of its vice presidents for defrauding investors by misstating and omitting key facts about a financial product tied to subprime mortgages as the U.S. housing market was beginning to falter.Goldman Sachs structured and marketed a synthetic collateralized debt obligation (CDO) that hinged on the performance of subprime residential mortgage-backed securities (RMBS). Goldman Sachs failed to disclose to investors vital information about the CDO, in particular the role that a major hedge fund played in the portfolio selection process and the fact that the hedge fund had taken a short position against the CDO.
The product was new and complex but the deception and conflicts are old and simple, said Robert Khuzami, Director of the Division of Enforcement. Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.
Kenneth Lench, Chief of the SEC's Structured and New Products Unit, added:The SEC continues to investigate the practices of investment banks and others involved in the securitization of complex financial products tied to the U.S. housing market as it was beginning to show signs of distress.

The SEC alleges that one of the world's largest hedge funds, Paulson & Co., paid Goldman Sachs

to structure a transaction in which Paulson & Co. could take short positions against mortgage securities chosen by Paulson & Co. based on a belief that the securities would experience credit events.According to the SEC's complaint, filed in U.S. District Court for the Southern District of New York, the marketing materials for the CDO known as ABACUS 2007-AC1 (ABACUS) all represented that the RMBS portfolio underlying the CDO was selected by ACA Management LLC (ACA), a third party with expertise in analyzing credit risk in RMBS.The SEC alleges that undisclosed in the marketing materials and unbeknownst to investors, the Paulson & Co. hedge fund, which was poised to benefit if the RMBS defaulted, played a significant role in selecting which RMBS should make up the portfolio.The SEC's complaint alleges that after participating in the portfolio selection, Paulson & Co. effectively shorted the RMBS portfolio it helped select by entering into credit default swaps (CDS) with Goldman Sachs to buy protection on specific layers of the ABACUS capital structure. Given that financial short interest, Paulson & Company had an economic incentive to select RMBS that it expected to experience credit events in the near future. Goldman Sachs did not disclose Paulson & Co.'s short position or its role in the collateral selection process in the term sheet, flip book, offering memorandum, or other marketing materials provided to investors.The SEC alleges that Goldman Sachs Vice President Fabrice Tourre was principally responsible for ABACUS 2007-AC1. Mr Tourre structured the transaction, prepared the marketing materials, and communicated directly with investors. Tourre allegedly knew of Paulson & Co.'s undisclosed short interest and role in the collateral selection process. In addition, he misled ACA into believing that Paulson & Co. invested approximately $200 million in the equity of ABACUS, indicating that Paulson & Co.'s interests in the collateral selection process were closely aligned with ACA's interests. In reality, however, their interests were sharply conflicting.According to the SEC's complaint, the deal closed on April 26, 2007, and Paulson & Co. paid Goldman Sachs approximately $15 million for structuring and marketing ABACUS. By Oct. 24, 2007, 83 percent of the RMBS in the ABACUS portfolio had been downgraded and 17 percent were on negative watch. By Jan. 29, 2008, 99 percent of the portfolio had been downgraded.

Investors in the liabilities of ABACUS are alleged to have lost more than $1 billion.

The SEC's complaint charges Goldman Sachs and Tourre with violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Exchange Act Rule 10b-5. The Commission seeks injunctive relief, disgorgement of profits, prejudgment interest, and financial penalties.

For more information about this enforcement action, contact:
Lorin L. Reisner
Deputy Director, SEC Enforcement Division
(202) 551-4787.

Kenneth R. Lench
Chief, Structured and New Products Unit, SEC Enforcement Division
(202) 551-4938.

Reid A. Muoio
Deputy Chief, Structured and New Products Unit, SEC Enforcement Division
(202) 551-4488 http://www.sec.gov/news/press/2010/2010-59.htm

http://worldreports.org/news/285_text_of_the_s.e.c.s_complaint_against_goldman_sachs
TEXT OF THE S.E.C.’S CIVIL COMPLAINT AGAINST GOLDMAN SACHS & CO.:UNITED STATES COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES AND EXCHANGE COMMISSION, Plaintiff v.GOLDMAN SACHS & CO and FABRICE TOURRE, Defendants.

COMPLAINT[Securities Fraud]-10-CV-3229-ECF CASE-Jury Trial Demanded
Plaintiff, the United States Securities and Exchange Commission (Commission) alleges as follows against the defendants named above.

OVERVIEW

1. The Commission brings this securities fraud action against Goldman, Sachs & Co. (GS&Co) and a GS&Co employee, Frabrice Tourre (Tourre), for making materially misleading statements and omissions in connection with a synthetic collateralized debt obligation (CDO) GS&Co structured and marketed to investors.This synthetic CDO, ABACUS 2007-AC1, was tied to the performance of subprime residential mortgage-backed securities (RMBS) and was structured and marketed by GS&Co in early 2007 when the United States housing market and related securities were beginning to show signs of distress. Synthetic CDOs like ABACUS 2007-AC1 contributed to the recent financial crisis by magnifying losses associated with the downturn in the United States housing market.

2. GS&Co marketing materials for ABACUS 2007-AC1 – including the term sheet, flip book and offering memorandum for the CDO – all represented that the reference portfolio of residential mortgage-backed securitiesunderlying the CDO was selected by ACA Management LLC (AC.A.), a third-party with experience analyzing credit risk in RMBS. Undisclosed in the marketing materials and unbeknownst to investors, a large hedge fund, Paulson & Co. Inc. (Paulson), with economic interests directly adverse to investors in the ABACUS 2007-AC1 CDO, played a significant role in the portfolio selection process.After participating in the selection of the reference portfolio, Paulson effectively shorted the residential mortgage-backed securities portfolio it helped select by entering into credit default swaps (CDS) with GS&Co to buy protection on specific layers of the ABACUS 2007-AC1 capital structure. Given its financial short interest, Paulson had an economic incentive to choose RMBS that it expected to experience credit events in the near future, GS&Co did not disclose Paulson's adverse economic interests or its role in the portfolio selection process in the term sheet, flip book, offering memorandum or other marketing materials provided to investors.

3. In sum, GS&Co arranged a transaction at Paulson's request in which Paulson heavily influenced the selection of the portfolio to suit its economic interests, but failed to disclose to investors, as part of the description of the portfolio selection process contained in the marketing materials used to promote the transaction, Paulson's role in the portfolio selection process or its adverse economic interests.

4. Tourre was principally responsible for ABACUS 2007-AC1. Tourre devised the transaction, prepared the marketing materials and communicated directly with investors. Tourre knew of Paulson's undisclosed short interest and its role in the collateral selection process. Tourre also misled ACA into believing that Paulson invested approximately $200 million in the equity of ABACUS 2007-AC1 (a long position) and, accordingly, that Paulson's interests in the collateral section process were aligned with ACA's when in reality Paulson's interests were sharply conflicting.

5. The deal closed on April 26,2007. Paulson paid GS&Co approximately $15 million for structuring and marketing ABACUS 2007-AC1. By October 24, 2007, 83% of the RMBS in the ABACUS 2007-AC1 portfolio had been downgraded and 17% were on negative watch. By January 29, 2008, 99% of the portfolio had been downgraded. As a result, investors in the ABACUS 2007-AC1 CDO lost over $l billion. Paulson's opposite CDS positions yielded a profit of approximately $l billion for Paulson.

6. By engaging in the misconduct described herein, GS&Co and Tourre directly or indirectly engaged in transactions, acts, practices and a course of business that violated Section 17(a) of the Securities Act of l933, 15 U.S.C. §77q(a) (the Securities Act), Section l0(b) of the Securities Exchange Act of 1934, 15 U.S.C. §78j(b) (the Exchange Act) and Exchange Act Rule l0b-5, 17 C.F.R. §240.10b-5. The Commission seeks injunctive relief, disgorgement of profits, prejudgment interest, civil penalties and other appropriate and necessary equitable relief from both defendants.

JURISDICTION AND VENUE

7. This Court has jurisdiction over this action pursuant to Sections 2l(d), 21(e), and 27 of the Exchange Act [l5 U.S.C. §§ 78u(d), 78u(e), and 78aa]. Each defendant directly or indirectly, made use of the means or instruments of interstate commerce, or of the mails, or the facilities of a national securities exchange in connection with the transactions, acts, practices, and courses of business alleged herein. Certain of the acts, practices, and courses of conduct constituting the violations of law alleged herein occurred within this judicial district.

DEFENDANTS

8. Goldman, Sachs & Co. is the principal United States broker-dealer of The Goldman Sachs Group, Inc., a global investment banking, securities and investment management firm headquartered in New York City. GS&Co structured and marketed ABACUS 2OO7-AC1.

9. Fabrice Tourre, age 31, is a registered representative with GS&Co. Tourre was the GS&Co employee principally responsible for the structuring and marketing of ABACUS 2007-AC1, Tourre worked as a Vice President on the structured product correlation trading desk at GS&Co headquarters in New York City during the relevant period.

Tourre presently works in London as an Executive Director of Goldman Sachs lnternational.

FACTS

A. GS&CO'S CORRELATTON TRADING DESK

10. GS&Co's structured product correlation hading desk was created in and around late 2004/early 2005. Among the services it provided was the structuring and marketing of a series of synthetic CDOs called ABACUS whose performance was tied to RMBS. GS&Co sought to protect and to expand this profitable franchise in a competitive market throughout the relevant period. According to an internal GS&Co memorandum to the Goldman Sachs

Mortgage Capital Committee (MCC) dated March 12, 2007, the ability to structure and execute complicated transactions to meet multiple clients’ needs and objectives is key for our franchise, and [e]xecuting this transaction [ABACUS 2007-AC1] and others like it helps position Goldman to compete more aggressively in the growing market for synthetics written on structured products.

B. PAULSON'S INVESTMENT STRATEGY

11. Paulson & Co. Inc. (Paulson) is a hedge fund founded in 1994. Beginning in 2006, Paulson created two funds, known as the Paulson Credit Opportunity Funds, which took a bearish view on subprime mortgage loans by buying protection through CDS on various debt securities.A CDS is an over-the-counter derivative contract under which a protection buyer makes periodic premium payments and the protection seller makes a contingent payment if a reference obligation experiences a credit event.

12. RMBS are securities backed by residential mortgages. Investors receive payments out of the interest and principal on the underlying mortgages. Paulson developed an investment strategy based upon the belief that, for a variety of reasons, certain mid-and-subprime RMBS rated Triple B, meaning bonds rated BBB by S&P or Baa2 by Moody's, would experience credit events.The Triple B tranche is the lowest investment grade RMBS and, after equity, the first part of the capital structure to experience losses associated with a deterioration of the underlying mortgage loan portfolio.

13. CDOs are debt securities collateralized by debt obligations including RMBS. These securities are packaged and generally held by a special purpose vehicle (SPV) that issues notes entitling their holders to payments derived from the underlying assets. In a synthetic CDO, the SPV does not actually own a portfolio of fixed income assets, but rather enters into CDSs that reference the performance of a portfolio (the SPV does hold some collateral securities separate from the reference portfolio that it uses to make payment obligations).

14. Paulson came to believe that synthetic CDOs whose reference assets consisted of certain Triple B-rated mid-and-subprime RMBS would experience significant losses and, under certain circumstances, even the more senior AAA-rated tranches of these so-called mezzanine CDOs would become worthless.

C. GS&CO AND PAULSON DISCUSS A PROPOSED TRANSACTION

15. Paulson performed an analysis of recent-vintage Triple B-rated RMBS and identified various bonds it expected to experience credit events. Paulson then asked GS&Co to help it to purchase protection, through the use of CDS, on the RMBS it had adversely selected, meaning chosen in the belief that the bonds would experience credit events'

16. Paulson discussed with GS&Co possible transactions in which counterparties to its short positions might be found. Among the transactions considered were synthetic CDOs whose performance was tied to Triple B-rated RMBS.Paulson discussed with GS&Co the creation of a CDO that would allow Paulson to participate in selecting a portfolio of reference obligations and then effectively short the RMBS portfolio it helped select by entering into CDS with GS&Co to buy protection on specific layers of the synthetic CDO's capital structure.

17. A Paulson employee explained the investment opportunity as of January 2007 as follows:It is true that the market is not pricing the subprime RMBS wipeout scenario.
In my opinion this situation is due to the fact that rating agencies, CDO managers and underwriters have all the incentives to keep the game going, while real money investors have neither the analytical tools nor the institutional framework to take action before the losses that one could anticipate based [on] the news available everywhere are actually realized.

18. At the same time, GS&Co recognized that market conditions were presenting challenges to the successful marketing of CDO transactions backed by mortgage-related securities.For example, portions of an email in French and English sent by Tourre to a friend on January 23, 2007 stated, in English translation where applicable:More and more leverage in the system, The whole building is about to collapse anytime now. Only potential survivor, the fabulous Fab[rice Tourre]... standing in the middle of all these complex, highly leveraged, exotic trades he created without necessarily understanding all of the implications of those monstrosities!!! Similarly, an email on February 11, 2OO7 to Tourre from the head of the GS&Co shuctured product correlation trading desk stated in part,the CDO biz is dead we don't have a lot of time Ieft.

D. INTRODUCTION OF ACA TO THE PROPOSED TRANSACTION

19. GS&Co and Tourre knew that it would be difficult, if not impossible, to place the liabilities of a synthetic CDO if they disclosed to investors that a short investor, such as Paulson, played a significant role in the collateral selection process.By contrast, they knew that the identification of an experienced and independent third-party collateral manager as having selected the portfolio would facilitate the placement of the CDO liabilities in a market that was beginning to show signs of distress.

20. GS&Co also knew that at least one significant potential investor, IKB Deutsche lndustriebank AG (IKB), was unlikely to invest in the liabilities of a CDO that did not utilize a collateral manager to analyze and select the reference portfolio.

21. GS&Co therefore sought a collateral manager to play a role in the transaction proposed by Paulson. Contemporaneous internal correspondence reflects that GS&Co recognized that not every collateral manager would agree to the type of names [of RMBS] Paulson want[s] to use and put its name at risk...on a weak quality portfolio.

22. In or about January 2007, GS&Co approached ACA and proposed that it serve as the Portfolio Selection Agent for a CDO transaction sponsored by Paulson. ACA previously had constructed and managed numerous CDOs for a fee.As of December 31, 2006, ACA had closed on 22 CDO transactions with underlying portfolios consisting of $15.7 billion of assets.

23. Internal GS&Co communications emphasized the advantages from a marketing perspective of having ACA associated with the transaction. For example, an internal email from Tourre dated February 7,20A7 , stated:One thing that we need to make sure ACA understands is that we want their name on this transaction. This is a transaction for which they are acting as portfolio selection agent, this will be important that we can use ACA’s branding to help distribute the bonds.

24. Likewise, an internal GS&Co memorandum to the Goldman Sachs MCC dated March 12, 2007 described the marketing advantages of ACA's brand-name and credibility:We expect the strong brand-name of ACA as well as our market-leading position in synthetic CDOs of structured products to result in a successful offering.We expect that the role of ACA as Portfolio Selection Agent will broaden the investor base for this and future ABACUS offerings. We intend to target suitable structured product investors who have previously participated in ACA-managed cashflow CDO transactions or who have previously participated in prior ABACUS transactions. We expect to leverage ACA’s credibility and franchise to help distribute this Transaction.

E. PAULSON'S PARTICIPATION IN THE COLLATERAL SELECTION PROCESS

25. In late 2006 and early 2407, Paulson performed an analysis of recent-vintage Triple B RMBS and identified over 100 bonds it expected to experience credit events in the near future.Paulson's selection criteria favored RMBS that included a high percentage of adjustable rate mortgages, relatively low borrower FICO scores, and a high concentration of mortgages in states like Arizona, California, Florida and Nevada that had recently experienced high rates of home price appreciation. Paulson informed GS&Co that it wanted the reference portfolio for the contemplated transaction to include the RMBS it identified or bonds with similar characteristics.

26. On January 8, 2007, Tourre attended a meeting with representatives from Paulson and ACA at Paulson's offices in New York City to discuss the proposed transaction.

27. On January 9, 2A07, GS&Co sent an email to ACA with the subject line, Paulson Portfolio. Attached to the email was a list of 123 2006 RMBS rated Baa2. On January 9, 20O7, ACA performed an overlap analysis and determined that it previously had purchased 62 of the 123 RMBS on Paulson's list at the same or lower ratings.

28. On January 9, 2007, GS&Co informed ACA that Fabrice Tourre was very excited by the initial portfolio feedback.

29. On January 10, 2007, Tourre sent an email to ACA with the subject line, Transaction Summary. The text of Tourre's email began: we wanted to summarize ACA's proposed role as Portfolio Selection Agent for the transaction that would be sponsored by Paulson & Co. (the Transaction Sponsor). The email continued in relevant part, [s]tarting portfolio would be ideally what the Transaction Sponsor shared, but there is flexibility around the names.

30. On January 22, 2007, ACA sent an email to Tourre and others at GS&Co with the subject line, Paulson Portfolio l-22-10.x1s. The text of the email began: Attached please find a worksheet with 86 sub-prime mortgage positions that we would recommend taking exposure to synthetically. Of the 123 names that were originally submitted to us for review, we have included only 55.

31. On January 27, 2007, ACA met with a Paulson representative in Jackson Hole, Wyoming, and they discussed the proposed transaction and reference portfolio. The next day, on January 28, 2007, ACA summarized the meeting in an email to Tourre. Tourre responded via email later that day: This is confirming my initial impression that [Paulson] wanted to proceed with you subject to agreement on portfolio and compensation structure.

32. On February 2, 2007, Paulson, Tourre and ACA met at ACA's offices in New York City to discuss the reference portfolio. Unbeknownst to ACA at the time, Paulson intended to effectively short the RMBS portfolio it helped select by entering into CDS with GS&Co to buy protection on specific layers of the synthetic CDO's capital structure. Tourre and GS&Co, of course, were fully aware that Paulson's economic interests with respect to the quality of the reference portfolio were directly adverse to CDO investors. During the meeting, Tourre sent an email to another GS&Co employee stating: I am at this ACA Paulson meeting, this is surreal.Later the same day, ACA emailed Paulson, Tourre, and others at GS&Co a list of 82 RMBS on which Paulson and ACA concurred, plus a list of 2l replacement RMBS. ACA sought Paulson's approval of the revised list, asking: Let rne know if these work for you at the Baa2 level.

33. On February 5, 2007, Paulson sent an email to ACA, with a copy to Tourre, deleting eight RMBS recommended by ACA, leaving the rest, and stating that Tourre agreed that 92 bonds were a sufficient portfolio,

34. On February 5, 2007, an internal ACA email asked: Attached is the revised portfolio that Paulson would like us to commit to - all names are at the Baa2 level. The final portfolio will have between 80 and these 92 names. Are 'we' ok to say yes on this portfolio? The response was: Looks good to me. Did [Paulson] give a reason why they kicked out all the Wells [Fargo] deals?" Wells Fargo was generally perceived as one of the higher-quality subprime loan originators.

35. On or about February 26, 2007, after further discussion, Paulson and ACA came to an agreement on a reference portfolio of 90 RMBS for ABACUS 2007-AC1 .

F. GS&CO MISLED INVESTORS BY REPRESENTING THAT ACA
SELECTED THE PORTFOLIO WTTHOUT DISCLOSING PAULSON’S
SIGNIFICANT ROLE IN DETERMINING THE PORTFOLIO AND ITS
ADVERSE ECONOMIC INTERESTS

36. GS&Co's marketing materials for ABACUS 2007-AC1 were false and misleading because they represented that ACA selected the reference portfolio while omitting any mention that Paulson, a party with economic interests adverse to CDO investors, played a significant role in the selection of the reference portfolio.

37. For example, a 9-page term sheet for ABACUS 2007-AC1 finalized by GS&Co on or about February 26, 2007, described ACA as the Portfolio Selection Agent and stated in bold print at the top of the first page that the reference portfolio of RMBS bad been selected by ACA.This document contained no mention of Paulson, its economic interests in the transaction, or its role in selecting the reference portfolio.

38. Similarly, a 65-page flip book for ABACUS 2007-AC1 finalized by GS&Co on or about February 26, 2007 represented on its cover page that the reference portfolio of RMBS had been selected by ACA Management, LLC. The flip book included a 28-page overview of ACA describing its business strategy, senior management team, investment philosophy, expertise, hack record and credit selection process, together with a 7-page section of biographical information on ACA officers and employees. Investors were assured that the party selecting the portfolio had an alignment of economic interest with investors. This document contained no mention of Paulson, its economic interests in the transaction, or its role in selecting the reference portfolio.

39. Tourre had primary responsibility for preparing the term sheet and flip book.

40. The Goldman Sachs MCC, which included senior-level management of GS&Co, approved the ABACUS 2007-AC1 on or about March 12, 2007. GS&Co expected to earn between $15-and-$20 million for structuring and marketing ABACUS 2007-AC1.

41. On or about April 26, 2007, GS&Co finalized a 178-page offering memorandum for ABACUS 2007-AC1. The cover page of the offering memorandum included a description of ACA as Portfolio Selection Agent. The Transaction Overview, Summary and Portfolio Selection Agent sections of the memorandum all represented that the reference portfolio of RMBS had been selected by ACA. This document contained no mention of Paulson, its economic interests in the transaction, or its role in selecting the reference portfolio.

42. Tourre reviewed at least the Summary section of the offering
memorandum before it was sent to potential investors.

43. Although the marketing materials for ABACUS 2007-AC1 made no mention of Paulson or of its role in the transaction, internal GS&Co communications clearly identified Paulson, its economic interests, and its role in the transaction. For example, the March 12, 2007 MCC memorandum describing the transaction stated: Goldman is effectively working an order for Paulson to buy protection on specific layers of the [ABACUS 2007-] AC1 capital structure.

G. GS&CO MISLED ACA INTO BELIEVING PAULSON WAS LONG EOUITY

44. GS&Co also misled ACA into believing that Paulson was investing in the equity of ABACUS 2007-AC1 and therefore shared a long interest with CDO investors. The equity tranche is at the bottom of the capital structure and is the first to experience losses associated with any deterioration in the performance of the underlying RMBS. Equity investors therefore have an economic interest in the successful performance of a reference RMBS portfolio. As of early 2007, ACA had participated in a number of CDO transactions involving hedge funds that invested in the equity tranche.

45. Had ACA been aware that Paulson was taking a short position against the CDO, ACA would have been reluctant to allow Paulson & Co. to occupy an influential role in the selection of the reference portfolio because it would present serious reputational risk to ACA, which was in effect endorsing the reference portfolio. ln fact, it is unlikely that ACA would have served as portfolio selection agent had it known that Paulson was taking a significant short position instead of a long equity stake in ABACUS 2007-AC1. Tourre and GSSCo were responsible for ACA's misimpression that Paulson had a long position, rather than a short position, with respect to the CDO.

46. On January 8, 2007, Tourre attended a meeting with representatives from Paulson and ACA at Paulson's offices in New York City to discuss the proposed transaction. Paulson & Co.'s economic interest was unclear to ACA, which sought further clarification from GS&Co. Later that day, ACA sent a GS&Co sales representative an email with the subject line Paulson meeting that read:I have no idea how it went - I wouldn't say it went poorly, not at all, but I think it didn't help that we didn't know exactly how they [Paulson] want to participate in the space.Can you get us some feedback?

47. On January 10, 2007, Tourre emailed ACA a Transaction Summary that included a description of Paulson as the Transaction Sponsor and referenced a Contemplated Capital Structure with a [0]% - [9]%: pre-committed first loss as part of the Paulson deal structure.The description of this [0]% - [9]% tranche at the bottom of the capital structure was consistent with the description of an equity tranche and ACA reasonably believed it to be a reference to the equity tranche. In fact, GS&Co never intended to market to anyone a [0]% - [9]% first loss equity tranche in this transaction.

48. On January 12, 2007, Tourre spoke by telephone with ACA about the proposed transaction. Following that conversation, on January l4, 20O7, ACA sent an email to the GS&Co sales repres- entative raising questions about the proposed transaction and referring to Paulson's equity interest. The email, which had the subject line Call with Fabrice [Tourre] on Friday, read in pertinent part:I certainly hope I didn't come across too antagonistic on the call with Fabrice [Torre] last week but the structure looks difficult from a debt investor perspective. I can understand Paulson's equity perspective but for us to put our name on something, we have to be sure that it enhances our reputation.

49. On January 16, 2007, the GS&Co sales representative forwarded that email to Tourre. As of that date, Tourre knew, or was reckless in not knowing, that ACA had been misled into believing Paulson intended to invest in the equity of ABACUS 2007-AC1.

50. Based upon the January l0, 2007, Transaction Summary sent by Tourre, the January 12,2007 telephone call with Tourre and continuing communications with Tourre and others at GS&Co, ACA continued to believe through the course of the transaction that Paulson would be an equity investor in ABACUS 2007-AC1.

51. On February 12, 2007, ACA's Commitments Committee approved the firm's participation in ABACUS as portfolio selection agent. The written approval memorandum described Paulson's role as follows: The hedge fund equity investor wanted to invest in the 0%-9% tranche of a static mezzanine ABS CDO backed 100% by subprime residential mortgage securities.

Handwritten notes from the meeting reflect discussion of portfolio selection work
with the equity investor.

H. ABACUS 2OO7-AC1 INVESTORS

I. IKB

52. IKB is a commercial bank headquartered in Düsseldorf. Germany. Historically, IKB specialized in lending to small and medium-sized companies. Beginning in and around 2002, IKB, for itself and as an advisor, was involved in the purchase of securitized assets referencing, or consisting of, consumer credit risk including RMBS CDOs backed by U.S. mid-and-subprime mortgages.IKB's former subsidiary, IKB Credit Asset Management, provided investment advisory services to various purchasing entities participating in a commercial paper conduit known as the Rhineland programme conduit.

53. The identity and experience of those involved in the selection of CDO portfolios was an important investment factor for IKB, In late 2006, IKB informed a GS&Co sales representative and Tourre that it was no longer comfortable investing in the liabilities of CDOs that did not utilize a collateral manager, meaning an independent third-party with knowledge of the U.S. housing market and expertise in analyzing RMBS. Tourre and GS&Co knew that ACA was a collateral manager likely to be acceptable to IKB.

54. In February, March and April 2007, GS&Co sent IKB copies of the ABACUS 2007-AC1 term sheet, flipbook and offering memorandum, all of which represented that the RMBS portfolio had been selected by ACA and omitted any reference to Paulson & Co., its role in selecting the reference portfolio and its adverse economic interests. Those representations and omissions were materially false and misleading because, unbeknownst to IKB, Paulson & Co. played a significant role in the collateral selection process and had financial interests in the transaction directly adverse to IKB. Neither GS&Co nor Tourre informed IKB of Paulson & Co.'s participation in the collateral selection process and its adverse economic interests.

55. The first written marketing materials for ABACUS 2007-AC1 were distributed on February 15, 2007, when GS&Co emailed a preliminary term sheet and reference portfolio to the GS&Co sales representative covering IKB. Tourre was aware these materials would be delivered to IKB.

56. On February 19, 2007, the GS&Co sales representative forwarded the marketing materials to IKB, explaining via email: Attached are details of the ACA trade we spoke about with Fabrice [Toune] in which you thought the AAAs would be interesting.

57. Tourre maintained direct and indirect contact with IKB in an effort to close the deal. This included a March 6, 2007 email to the GS&Co sales representative for IKB representing that:This is a portfolio selected by ACA . . .. Tourre subsequently described the portfolio in an intemal GS&Co email as having been selected by ACA/Paulson.

58. ABACUS 2007-AC1 closed on or about April 26, 2007. IKB bought $50 million worth of Class A-l notes at face value. The Class A-l Notes paid a variable interest rate equal to LIBOR plus 85 basis points and were rated Aaa by Moody's Investors Services, Inc. (Moody's) and AAA by Standard & Poor's Ratings & Services (S&P). IKB bought $100 million worth of Class A-2 Notes at face value. The Class A-2 Notes paid a variable interest rate equal to LIBOR plus 110 basis points and were rated Aaa by Moody's and AAA by S&P.

59. The fact that the portfolio had been selected by an independent third-party with experience and economic interests aligned with CDO investors was important to IKB. IKB would not have invested in the transaction had it known that Paulson played a significant role in the collateral selection process while intending to take a short position in ABACUS 2007- AC1. Among other things, the knowledge of Paulson's role would have seriously undermined IKB's confidence in the portfolio selection process and led senior IKB personnel to oppose the transaction.

60. Within months of closing, ABACUS 2007-AC1's Class A-l and A-2 Notes were nearly worthless. IKB lost almost all of its $150 million investment. Most of this money was ultimately paid to Paulson in a series of transactions between GS&Co and Paulson.

2. ACA/ABN AMRO

61. ACA's parent company, ACA Capital Holdings, Inc. ( ACA Capital), provided financial guaranty insurance on a variety of structured finance products including RMBS CDOs, through its wholly-owned subsidiary, ACA Financial Guaranty Corporation. On or about May 31, 2007, ACA Capital sold protection or wrapped the $909 million super senior tranche of ABACUS 2007-AC1, meaning that it assumed the credit risk associated with that portion of the capital structure via a CDS in exchange for premium payments of approximately 50 basis points per year.

62. ACA Capital was unaware of Paulson's short position in the transaction. It is unlikely that ACA Capital would have written protection on the super senior tranche if it had known that Paulson, which played an influential role in selecting the reference portfolio, had taken a significant short position instead of a long equity stake in ABACUS 2007-ACL.

63. The super senior transaction with ACA Capital was intermediated by ABN AMRO Bank N.V(ABN), which was one of the largest banks in Europe during the relevant period.

This meant that, through a series of CDS between ABN and Goldman and between ABN and ACA that netted ABN premium payments of approximately 17 basis points per year, ABN assumed the credit risk associated with the super senior portion of ABACUS 2007-AC1's capital structure in the event ACA Capital was unable to pay.

64. GS&Co sent ABN copies of the ABACUS 2007-AC1 term sheet, flipbook and offering memorandum, all of which represented that the RMBS portfolio had been selected by ACA and omitted any reference to Paulson's role in the collateral selection process and its adverse economic interest. Tourre also told ABN in emails that ACA had selected the portfolio. These representations and omissions were materially false and misleading because, unbeknownst to ABN, Paulson played a significant role in the collateral selection process and had a financial interest in the transaction that was adverse to ACA Capital and ABN.

65. At the end of 2007, ACA Capital was experiencing severe financial difficulties.

In early 2008, ACA Capital entered into a global settlement agreement with its counterparties to effectively unwind approximately $69 billion worth of CDSs, approximately $26 billion of which were related to 2005-06 vintage subprime RMBS. ACA Capital is currently operating as a run-off financial guaranty insurance company.

66. In late 2007, ABN was acquired by a consortium of banks that included the Royal Bank of Scotland (RBS). On or about August 7, 2008, Royal Bank of Scotland unwound ABN's super senior position in ABACUS 2007-AC1 by paying GS&Co $840,909,090. Most of this money was subsequently paid by GS&Co to Paulson.

CLAIMS FOR RELIEF-FIRST CLAIM I-Section 17(a) of the Securities Act-Paragraphs l-66 are realleged and incorporated herein by reference.

68. GS&Co and Tourre each violated Section l7(a)(1), (2) and (3) of the Exchange
Act [15 U.S.C. § 77q(a)(1), (2) & (3)].

69. As set forth above, Goldman and Tourre, in the offer or sale of securities or securities-based swap agreements, by the use of means or instruments of interstate comrnerce or by the mails, directly or indirectly (a) employed devices, schemes or artifices to defraud; (b) obtained money or property by means of untrue statements of material facts or omissions of material facts necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; or (c) engaged in transactions, practices or courses of business which operated or would operate as a fraud or deceit upon purchasers of securities.

70. GS&Co and Tourre knowingly, recklessly or negligently misrepresented in the term sheet, flipbook and offering memorandum for ABACUS 2007-AC1 that the reference portfolio was selected by ACA without disclosing the significant role in the portfolio selection process played by Paulson, a hedge fund with financial interests in the transaction directly adverse to IKB, ACA Capital and ABN. GS&Co and Tourre also knowingly, recklessly or negligently misled ACA into believing that Paulson invested in the equity of ABACUS 2007-AC1 and, accordingly, that Paulson & Co.'s interests in the collateral section process were closely aligned with ACA's when in reality their interests were sharply conflicting.

SECOND CLAIM-Section 10(b) and Rule 10-b(5) of the Exchange Act

71. Paragraphs 1-70 are realleged and incorporated herein by reference.

72. GS&Co and Tourre each violated Section l0(b) of the Exchange Act [5 U.S.C § 78j&)l and Rule l0b-5 [17 C.F.R. § 240.10b-5].

73. As set forth above, GS&Co and Tourre, in connection with the purchase or sale of securities or securities-based swap agreements, by the use of means or instrumentalities of interstate commerce or of the mails, directly or indirectly (a) employed devices, schemes or artifices to defraud; (b) made untrue statements of material facts or omissions of material facts necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; or (c) engaged in transactions, practices or courses of business which operated or would operate as a fraud or deceit upon persons.

74. GS&Co and Tourre knowingly or recklessly misrepresented in the term sheet flip book and offering memorandum for ABACUS 2007-ACl that the reference portfolio was selected by ACA without disclosing the significant role in the portfolio selection process played by Paulson, a hedge fund with financial interests in the transaction adverse to IKB, ACA Capital and ABN. GS&Co and Tourre also knowingly or recklessly misled ACA into believing that Paulson invested in the equity of ABACUS 2007-AC1 and, accordingly, that Paulson's interests in the collateral section process were closely aligned with ACA's when in reality their interests were sharply conflicting.

PRAYER FOR RELIEF-WHEREFORE, the Commission respectfully requests that this Court enter a judgment:

A. Finding that GS&Co and Tourre each violated the Federal securities laws and
the Commission rule alleged in this Complaint;

B. Permanently restraining and enjoining GS&Co and Tourre from violating Section 17(a) of the Securities Act [15 U.S.C. §77q(a)], Section 10(b) of the Exchange Act [1s U.S.C. § 78j(b)] and Exchange Act Rule l0b-5 [17 C.F.R § 240.10b-5];

C. Ordering GS&Co and Tourre to disgorge all illegal profits that they obtained
as a result of their fraudulent misconduct, acts or courses of conduct described in this Complaint, and to pay prejudgment interest thereon;

D. Imposing civil monetary penalties on GS&Co and Tourre pursuant to
Section 20(d)(2) of the Securities Act [15 U.S.C. § 77t (d)(2)] and
Section 21(d)(3) of the Exchange Act [l5 U.S.C. §78u(d)(3)]; and:

E. Granting such equitable relief as may be appropriate or necessary for the benefit
of investors pursuant to Section 2l(d)(5) of the Exchange Act [5 U.S.C. §78u(d)(5)].

Dated: Washington, D.C.April 16,2010 Respectfully submitted [signed]
Andrew M. Calamari (AC-4864)-Richard E. Simpson (RS 5859)-Reid A. Muoio (RM 2274)

Kenneth Lench-Cheryl J. Scarboro-James A. Kidney-Jeffrey Tao-Jason Anthony
Nicole C. Kelly-Jeff Leasure-Securities and Exchange Commission
IOO F St., NE-Washington, D.C. 20549-4010-(202) 551-4492 (Simpson)
simpsonr@sec.gov

LIST OF U.S. STATUTES, SECURITIES REGULATIONS AND LEGAL PRINCIPLES OF WHICH THE CRIMINALISTS, ASSOCIATES AND ALL THE MAIN FINANCIAL INSTITUTIONS REMAIN IN BREACH:LEGAL TUTORIAL: The Steps of Common Fraud:

Step 1: Fraud in the Inducement: … is intended to and which does cause one to execute an instrument, or make an agreement… The misrepresentation involved does not mislead one as the paper he signs but rather misleads as to the true facts of a situation, and the false impression it causes is a basis of a decision to sign or render a judgment. Source: Steven H. Gifis, Law Dictionary, 5th Edition, Hauppauge: Barron’s Educational Series, Inc., 2003, s.v.: Fraud.

Step 2: Fraud in Fact by Deceit (Obfuscation and Denial) and Theft:

• ACTUAL FRAUD. Deceit. Concealing something or making a false representation with an evil intent [scanter] when it causes injury to another…. Source: Steven H. Gifis, Law Dictionary, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: Fraud.

• THE TORT OF FRAUDULENT DECEIT… The elements of actionable deceit are: A false representation of a material fact made with knowledge of its falsity, or recklessly, or without reasonable grounds for believing its truth, and with intent to induce reliance thereon, on which plaintiff justifiably relies on his injury…. Source: Steven H. Gifis, Law Dictionary, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: Deceit.

Step 3: Theft by Deception and Fraudulent Conveyance:

THEFT BY DECEPTION:

• FRAUDULENT CONCEALMENT… The hiding or suppression of a material fact or circumstance which the party is legally or morally bound to disclose….

• The test of whether failure to disclose material facts constitutes fraud is the existence of a duty, legal or equitable, arising from the relation of the parties: failure to disclose a material fact with intent to mislead or defraud under such circumstances being equivalent to an actual fraudulent concealment.

• To suspend running of limitations, it means the employment of artifice, planned to prevent inquiry or escape investigation and mislead or hinder acquirement of information disclosing a right of action, and acts relied on must be of an affirmative character and fraudulent….Source: Black, Henry Campbell, M.A., Black’s Law Dictionary, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. Fraudulent Concealment.

FRAUDULENT CONVEYANCE:

• FRAUDULENT CONVEYANCE… A conveyance or transfer of property, the object of which is to defraud a creditor, or hinder or delay him, or to put such property beyond his reach….

• Conveyance made with intent to avoid some duty or debt due by or incumbent or person (entity) making transfer….Source: Black, Henry Campbell, M.A., Black’s Law Dictionary, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. Fraudulent Conveyance.

U.S. SECURITIES REGULATIONS OF WHICH INSTITUTIONS
HAVE BEEN SHOWN TO BE IN BREACH [SEE REPORTS]:

• NASD Rule 3120, et al.
• NASD Rule 2330, et al
• NASD Conduct Rules 2110 and 3040
• NASD Conduct Rules 2110 and IM-2110-1
• NASD Conduct Rules 2110 and SEC Rule 15c3-1
• NASD Conduct Rules 2110 and 3110
• SEC Rules 17a-3 and 17a-4
• NASD Conduct Rules 2110 and Procedural Rule 8210
• NASD Conduct Rules 2110 and 2330 and IM-2330
• NASD Conduct Rules 2110 and IM-2110-5
• NASD Systems and Programme Rules 6950 through 6957
• 97-13 Bank Secrecy Act, Recordkeeping Rule for funds transfers and transmittals of funds, et al.

U.S. LAWS ROUTINELY BREACHED BY THE CRIMINAL OPERATIVES AND INSTITUTIONS:

• Annunzio-Wylie Anti-Money Laundering Act
• Anti-Drug Abuse Act
• Applicable international money laundering restrictions
• Bank Secrecy Act
• Crimes, General Provisions, Accessory After the Fact [Title 18, USC]
• Currency and Foreign Transactions Reporting Act
• Economic Espionage Act
• Hobbs Act
• Imparting or Conveying False Information [Title 18, USC]
• Maloney Act
• Misprision of Felony [Title 18, USC] (1)
• Money-Laundering Control Act
• Money-Laundering Suppression Act
• Organized Crime Control Act of 1970
• Perpetration of repeated egregious felonies by State and Federal public employees and their Departments and agencies, which are co-responsible with the said employees for ONGOING illegal and criminal actions, to sustain fraudulent operations and crimes in order to cover up criminalist activities and High Crimes and Misdemeanours by present and former holders of high office under the United States
• Provisions pertaining to private business transactions being protected under both private and criminal penalties [H.R. 3723]
• Provisions prohibiting the bribing of foreign officials [F.I.S.A.]
• Racketeer Influenced and Corrupt Organizations Act [R.I.C.O.]
• Securities Act 1933
• Securities Act 1934
• Terrorism Prevention Act
• Treason legislation, especially in time of war.
http://worldreports.org/news/285_text_of_the_s.e.c.s_complaint_against_goldman_sachs

AND THE RESULT OF THESE CHARGES

Goldman Sachs, the Good, the Bad, and the Ugly
The Largest Fine Ever Paid to the SEC JULY 16,10

Goldman eventually settled for $550 million, the largest fine ever paid to the SEC and a humiliation for Goldman Sachs. Tourre is still tied up in civil fraud charges. As Senator Tom Coburn (R-Okla.) told Lloyd Blankfein at a Senate hearing: … somebody has made a decision [Tourre's] going to be a whipping boy, he's the guy getting hung out to dry. Above, Senator Carl Levin (D-Mich.), on the left, and Senator Coburn, to the right, framed the head of Lloyd Blankfein at a hearing in 2010.

THEY PAID $550 MILLION BUT PROBABLY MADE $2 TRILLION DOLLARS ON THE SCAM TO RIP PEOPLE OFF.THIS IS A NEW WORLD ORDER WAY OF PAYING TO BRING ABOUT A WORLD GOVERNMENT AND BUYING UP LAND AND COMPANIES AND ALL KINDS OF INFLUENCE IN THE WORLD TO GET WHAT YOU WANT NO MATTER THE COST ,WHICH IN TURN GIVES YOU POWER OVER EVERYONE TO STEAL THEIR RIGHTS AND FREEDOMS AND GO BY YOUR RULES.

UPDATE ON STORY

Goldman Sachs Trader Tourre Claims Abacus Deal Done by Jersey Companies Q By Thom Weidlich and Patricia Hurtado - Sep 1, 2011 12:44 PM ET-BLOOMBERG

Goldman Sachs Group Inc. (GS) trader Fabrice Tourre, accused of misleading investors in a collateralized debt obligation, said in a court filing that IKB Deutsche Industriebank AG (IKB)’s alleged $150 million investment was actually made by two Jersey-based companies.Tourre wants to take testimony of witnesses at Loreley Financing (Jersey) No. 29 Ltd. and Loreley Financing (Jersey) No. 30 Ltd., according to the filing yesterday in federal court in Manhattan. The U.S. Securities and Exchange Commission has said Duesseldorf, Germany-based IKB made the investment in the CDO, Abacus 2007-AC1.Discovery in this matter thus far has shown, however, that IKB’s alleged $150 million investment was, in fact, made by the Jersey-based companies, Tourre’s lawyers wrote in the filing.On June 10, U.S. District Judge Barbara Jones in Manhattan declined to dismiss the case against Tourre. The judge said the SEC had met its burden for pursuing a claim that Tourre violated a securities law designed to prevent fraudulent sales of securities and should stand trial.John Nester, an SEC spokesman; Jorg Chittka, an IKB spokesman; and David Esseks, a lawyer for Tourre at Allen & Overy LLP in New York, declined to comment on the filing. Pamela Rogers Chepiga, another lawyer representing Tourre, didn’t immediately return a call and e-mail yesterday after business hours inquiring about the Jersey-based companies’ investments.

Investment Adviser
IKB advised Loreley on the investment, according to Tourre’s filing.

I think what they’re trying to establish here is they have sophistication piled on top of sophistication to show that this was a well-reasoned investment by, yet again, a sophisticated institution, Jacob S. Frenkel, a former Securities and Exchange Commission lawyer now in private practice in Potomac, Maryland, said in a phone interview today.They also could be trying to establish that whatever representations may have been made to the German bank ultimately could have been irrelevant to the investor, Frenkel said.The SEC initially sued the London-based trader in April 2010, saying he defrauded investors by not disclosing that hedge fund Paulson & Co. had helped pick the underlying securities for the CDO and planned to bet against them. After reaching a $550 million settlement with New York-based Goldman Sachs, the SEC filed a new claim against Tourre, saying he gave the company substantial assistance as it misled investors.

Portfolio Selection

The SEC said IKB wouldn’t have invested if it had known of Paulson’s involvement in the portfolio selection, according to yesterday’s filing.IKB’s role was apparently limited to that of investment adviser to the Loreley companies, in which capacity IKB could only recommend to the directors of the Loreley companies that they enter into securities transactions, according to the filing.Yet the factual record in the case contains almost no evidence of the Loreley companies, according to the filing.
Citing last year’s U.S. Supreme Court ruling in Morrison v. National Australia Bank, Jones, in June, threw out some claims involving IKB, which allegedly lost almost all of its $150 million investment, and ABN Amro Bank NV, which assumed the credit risk associated with a portion of Abacus.

Sale of Securities

In Morrison, the high court ruled that U.S. securities laws don’t protect foreign investors who buy stocks on overseas exchanges.Jones let the case proceed on a claim against Tourre that he knowingly, recklessly or negligently made misrepresentations in the sale of securities to ACA Management LLC, IKB and ABN Amro.Jersey, the largest of the Channel Islands, is a dependency of the U.K. with its own legislative assembly and is known as a tax haven.CDOs are pools of assets such as mortgage bonds packaged into new securities. Interest payments on the underlying bonds or loans are used to pay investors. The Abacus entity was a synthetic CDO, meaning its cash flow came from derivatives that referenced mortgage-backed securities.The case is SEC v. Tourre, 10-03229, U.S. District Court, Southern District of New York (Manhattan).
To contact the reporters on this story: Thom Weidlich in Brooklyn, New York at tweidlich@bloomberg.net; Patricia Hurtado in New York at pathurtado@bloomberg.net.
To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net.