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PROPHESY NEWS WATCH

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Re: PROPHESY NEWS WATCH

Post  Admin on Thu 29 Mar 2012, 8:51 pm

http://www.prophecynewswatch.com/2012/March28/2811.html

10 Reasons Why The Reign Of The Dollar As The World Reserve Currency Is About To End

http://theeconomiccollapseblog.com

The U.S. dollar has probably been the closest thing to a true global currency that the world has ever seen. For decades, the use of the U.S. dollar has been absolutely dominant in international trade. This has had tremendous benefits for the U.S. financial system and for U.S. consumers, and it has given the U.S. government tremendous power and influence around the globe. Today, more than 60 percent of all foreign currency reserves in the world are in U.S. dollars. But there are big changes on the horizon.

The mainstream media in the United States has been strangely silent about this, but some of the biggest economies on earth have been making agreements with each other to move away from using the U.S. dollar in international trade. There are also some oil producing nations which have begun selling oil in currencies other than the U.S. dollar, which is a major threat to the petrodollar system which has been in place for nearly four decades.

And big international institutions such as the UN and the IMF have even been issuing official reports about the need to move away form the U.S. dollar and toward a new global reserve currency. So the reign of the U.S. dollar as the world reserve currency is definitely being threatened, and the coming shift in international trade is going to have massive implications for the U.S. economy.

A lot of this is being fueled by China. China has the second largest economy on the face of the earth, and the size of the Chinese economy is projected to pass the size of the U.S. economy by 2016. In fact, one economist is even projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

So China is sitting there and wondering why the U.S. dollar should continue to be so preeminent if the Chinese economy is about to become the number one economy on the planet.

Over the past few years, China and other emerging powers such as Russia have been been quietly making agreements to move away from the U.S. dollar in international trade. The supremacy of the U.S. dollar is not nearly as solid as most Americans believe that it is.

As the U.S. economy continues to fade, it is going to be really hard to argue that the U.S. dollar should continue to function as the primary reserve currency of the world. Things are rapidly changing, and most Americans have no idea where these trends are taking us.

The following are 10 reasons why the reign of the dollar as the world reserve currency is about to come to an end....

#1 China And Japan Are Dumping the U.S. Dollar In Bilateral Trade

A few months ago, the second largest economy on earth (China) and the third largest economy on earth (Japan) struck a deal which will promote the use of their own currencies (rather than the U.S. dollar) when trading with each other. This was an incredibly important agreement that was virtually totally ignored by the U.S. media. The following is from a BBC report about that agreement....

China and Japan have unveiled plans to promote direct exchange of their currencies in a bid to cut costs for companies and boost bilateral trade.

The deal will allow firms to convert the Chinese and Japanese currencies directly into each other.

Currently businesses in both countries need to buy US dollars before converting them into the desired currency, adding extra costs.

#2 The BRICS (Brazil, Russia, India, China, South Africa) Plan To Start Using Their Own Currencies When Trading With Each Other

The BRICS continue to flex their muscles. A new agreement will promote the use of their own national currencies when trading with each other rather than the U.S. dollar. The following is from a news source in India....

The five major emerging economies of BRICS -- Brazil, Russia, India, China and South Africa -- are set to inject greater economic momentum into their grouping by signing two pacts for promoting intra-BRICS trade at the fourth summit of their leaders here Thursday.

The two agreements that will enable credit facility in local currency for businesses of BRICS countries will be signed in the presence of the leaders of the five countries, Sudhir Vyas, secretary (economic relations) in the external affairs ministry, told reporters here.

The pacts are expected to scale up intra-BRICS trade which has been growing at the rate of 28 percent over the last few years, but at $230 billion, remains much below the potential of the five economic powerhouses.

#3 The Russia/China Currency Agreement

Russia and China have been using their own national currencies when trading with each other for more than a year now. Leaders from both Russia and China have been strongly advocating for a new global reserve currency for several years, and both nations seem determined to break the power that the U.S. dollar has over international trade.

#4 The Growing Use Of Chinese Currency In Africa

Who do you think is Africa's biggest trading partner?

It isn't the United States.

In 2009, China became Africa's biggest trading partner, and China is now aggressively seeking to expand the use of Chinese currency on that continent.

A report from Africa’s largest bank, Standard Bank, recently stated the following....

“We expect at least $100 billion (about R768 billion) in Sino-African trade – more than the total bilateral trade between China and Africa in 2010 – to be settled in the renminbi by 2015.”

China seems absolutely determined to change the way that international trade is done. At this point, approximately 70,000 Chinese companies are using Chinese currency in cross-border transactions.

#5 The China/United Arab Emirates Deal

China and the United Arab Emirates have agreed to ditch the U.S. dollar and use their own currencies in oil transactions with each other.

The UAE is a fairly small player, but this is definitely a threat to the petrodollar system. What will happen to the petrodollar if other oil producing countries in the Middle East follow suit?

#6 Iran

Iran has been one of the most aggressive nations when it comes to moving away from the U.S. dollar in international trade. For example, it has been reported that India will begin to use gold to buy oil from Iran.

Tensions between the U.S. and Iran are not likely to go away any time soon, and Iran is likely to continue to do what it can to inflict pain on the United States in the financial world.

#7 The China/Saudi Arabia Relationship

Who imports the most oil from Saudi Arabia?

It is not the United States.

Rather, it is China.

As I wrote about the other day, China imported 1.39 million barrels of oil per day from Saudi Arabia in February, which was a 39 percent increase from one year earlier.

Saudi Arabia and China have teamed up to construct a massive new oil refinery in Saudi Arabia, and leaders from both nations have been working to aggressively expand trade between the two nations.

So how long is Saudi Arabia going to stick with the petrodollar if China is their most important customer?

That is a very important question.

#8 The United Nations Has Been Pushing For A New World Reserve Currency

The United Nations has been issuing reports that openly call for an alternative to the U.S. dollar as the reserve currency of the world.

In particular, one UN report envisions "a new global reserve system" in which the U.S. no longer has dominance....

"A new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency."

#9 The IMF Has Been Pushing For A New World Reserve Currency

The International Monetary Fund has also published a series of reports calling for the U.S. dollar to be replaced as the reserve currency of the world.

In particular, one IMF paper entitled "Reserve Accumulation and International Monetary Stability" that was published a while back actually proposed that a future global currency be named the "Bancor" and that a future global central bank could be put in charge of issuing it....

"A global currency, bancor, issued by a global central bank (see Supplement 1, section V) would be designed as a stable store of value that is not tied exclusively to the conditions of any particular economy. As trade and finance continue to grow rapidly and global integration increases, the importance of this broader perspective is expected to continue growing."

#10 Most Of The Rest Of The World Hates The United States

Global sentiment toward the United States has dramatically shifted, and this should not be underestimated.

Decades ago, we were one of the most loved nations on earth.

Now we are one of the most hated.

If you doubt this, just do some international traveling.

Even in Europe (where we are supposed to have friends), Americans are treated like dirt. Many American travelers have resorted to wearing Canadian pins so that they will not be treated like garbage while traveling over there.

If the rest of the world still loved us, they would probably be glad to continue using the U.S. dollar. But because we are now so unpopular, that gives other nations even more incentive to dump the dollar in international trade.

So what will happen if the reign of the U.S. dollar as the world reserve currency comes to an end?

Well, some of the potential effects were described in a recent article by Michael Payne....

"The demise of the dollar will also bring radical changes to the American lifestyle. When this economic tsunami hits America, it will make the 2008 recession and its aftermath look like no more than a slight bump in the road. It will bring very undesirable changes to the American lifestyle through massive inflation, high interest rates on mortgages and cars, and substantial increases in the cost of food, clothing and gasoline; it will have a detrimental effect on every aspect of our lives."

Most Americans don't realize how low the price of gasoline in the United States is compared to much of the rest of the world.

There are areas in Europe where they pay about twice what we do for gasoline. Yes, taxes have a lot to do with that, but the fact that the U.S. dollar is used for almost all oil transactions also plays a significant role.

Today, America consumes nearly a quarter of the world's oil. Our entire economy is based upon our ability to cheaply transport goods and services over vast distances.

So what happens if the price of gasoline doubles or triples from where it is at now?

In addition, if the reign of the U.S. dollar as global reserve currency ends, the U.S. government is going to have a much harder time financing its debt.

Right now, there is a huge demand for U.S. dollars and for U.S. government debt since countries around the world have to keep huge reserves of U.S. currency lying around for the sake of international trade.

But what if that all changed?

What if the appetite for U.S. dollars and U.S. debt dried up dramatically?

That is something to think about.

At the moment, the global financial system is centered on the United States.

But that will not always be the case.

The things talked about in this article will not happen overnight, but it is important to note that these changes are picking up steam.

Under the right conditions, a shift in momentum can become a landslide or an avalanche.

Clearly, the conditions are right for a significant move away from the U.S. dollar in international trade.

So when will this major shift occur?

Only time will tell.
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Re: PROPHESY NEWS WATCH

Post  Admin on Tue 20 Mar 2012, 10:59 am

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Re: PROPHESY NEWS WATCH

Post  Admin on Mon 19 Mar 2012, 6:48 pm

Prophesy News Watch
Preparing For Martial Law? Obama Signs Executive Order Allowing Control Over All US Resources
http://www.examiner.com
On March 16th, President Obama signed a new Executive Order which expands upon a prior order issued in 1950 for Disaster Preparedness, and gives the office of the President complete control over all the resources in the United States in times of war or emergency.

The National Defense Resources Preparedness order gives the Executive Branch the power to control and allocate energy, production, transportation, food, and even water resources by decree under the auspices of national defense and national security. The order is not limited to wartime implementation, as one of the order's functions includes the command and control of resources in peacetime determinations.

Section 101. Purpose. This order delegates authorities and addresses national defense resource policies and programs under the Defense Production Act of 1950, as amended (the "Act").

(b) assess on an ongoing basis the capability of the domestic industrial and technological base to satisfy requirements in peacetime and times of national emergency, specifically evaluating the availability of the most critical resource and production sources, including subcontractors and suppliers, materials, skilled labor, and professional and technical personnel; - White House

Additionally, each cabinet under the Executive Branch has been given specific powers when the order is executed, and include the absolute control over food, water, and other resource distributions.

Sec. 201. Priorities and Allocations Authorities. (a) The authority of the President conferred by section 101 of the Act, 50 U.S.C. App. 2071, to require acceptance and priority performance of contracts or orders (other than contracts of employment) to promote the national defense over performance of any other contracts or orders, and to allocate materials, services, and facilities as deemed necessary or appropriate to promote the national defense, is delegated to the following agency heads:

(1) the Secretary of Agriculture with respect to food resources, food resource facilities, livestock resources, veterinary resources, plant health resources, and the domestic distribution of farm equipment and commercial fertilizer;

(2) the Secretary of Energy with respect to all forms of energy;

(3) the Secretary of Health and Human Services with respect to health resources;

(4) the Secretary of Transportation with respect to all forms of civil transportation;

(5) the Secretary of Defense with respect to water resources; and

(6) the Secretary of Commerce with respect to all other materials, services, and facilities, including construction materials.

(e) "Food resources" means all commodities and products, (simple, mixed, or compound), or complements to such commodities or products, that are capable of being ingested by either human beings or animals, irrespective of other uses to which such commodities or products may be put, at all stages of processing from the raw commodity to the products thereof in vendible form for human or animal consumption. "Food resources" also means potable water packaged in commercially marketable containers, all starches, sugars, vegetable and animal or marine fats and oils, seed, cotton, hemp, and flax fiber, but does not mean any such material after it loses its identity as an agricultural commodity or agricultural product.

Executive Orders created for national defense and national preparedness are not new in American history, but in each instance they brought about a Constitutional crisis that nearly led standing Presidents to hold dictatorial power over the citizenry. During the Civil War, President Lincoln halted freedom of speech and freedom of the press, while at the same time revoking Habeas Corpus and the right to a fair trial under the sixth amendment. During World War I, when Congress refused to grant Woodrow Wilson extended power over resources to help the war effort, he invoked an Executive Order which allowed him complete control over businesses, industry, transportation, food, and other economic policies.

In both cases, it was only after the death of each President that full Constitutional powers were restored to the citizens of the United States.

The economy of the United States is based on the free flow of resources, energy, and the rights of consumers to buy and sell as they see fit. Any interference in this economic process quickly leads to shortages, rising prices, and civil unrest. The purpose of President Obama signing this new Executive Order is yet unclear, however, it may coincide with information coming out of Israel yesterday that plans for a tactical or strategic strike on Iran are accelerating. Oil prices in Europe rose over $3 a barrel for Brent crude after the Israeli actions, and US oil prices rose $2 for WTI.

The Obama administration appears to be preparing for a long drawn out war in the Middle East, or at the very least, an expected crisis that will require the need to override Constitutional authority and claim dominion over all resources in the United States under the guise of national defense. With the rise in Disaster Preparedness growing for both individuals and states leading up to yesterday's Executive Order, the mood of the nation points strongly towards some event or disaster that will require massive preparations on a national as well as local scale.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sun 18 Mar 2012, 4:27 pm

How Would an Attack on Iran Influence the Election?

http://www.christianpost.com


--------------------------------------------------------------------------------

Attacking Iran is one of the options being discussed by the United States and Israel to stop its potential development of a nuclear weapon that could be used to attack Israel. Among the many repercussions of such a decision would be its effect on November's presidential election. While high gas prices could hurt President Obama's reelection chances, a "rally round the flag" effect could help him get reelected.

In the 2008 presidential election, military involvement in Iraq and Afghanistan was the main topic most of the year leading up to the election. In the month prior to the election, though, the Great Recession hit and the economy became the main concern of most voters.

In 2012, could the reverse become true? Will economic concerns be on the minds of Americans most of the year only to pivot to foreign policy as America goes to war, or a proxy war through Israel, with Iran?

High gas prices are one possible consequence.

"Just from a political perspective, do you think the president of the United States going into reelection wants gas prices to go up higher? Is there anybody here who thinks that makes a lot of sense?" Obama joked at a press conference last week.

A recent Washington Post-ABC News poll shows that already high gas prices are taking a toll on Obama's support. About 65 percent of respondents said they disapprove of the way Obama is handling "the situation with gas prices," and a slight majority, 52 percent, said they "strongly" disapprove (margin of error is plus or minus four percentage points).

Chip Saltsman, director of Mike Huckabee's 2008 presidential campaign, believes that high gas prices will prove to be a major weakness for Obama.

"It is his Achilles heel," Saltsman said on "Fox News Sunday." "Gas prices are a daily reminder for people when they're having problems in the economy, when they have to spend 80, 90, 100 dollars to fill up a truck when they're going to work. If he doesn't get the energy prices under control it could damage the economic recovery. It's very fragile."

The actual supply of oil, though, may be maintained at current levels if Saudi Arabia increases its output to match any cutoff of supplies from Iran. Sen. Chuck Schumer (D-N.Y.) pointed this out in a Sunday interview on NBC's "Meet the Press."

"In the short term, we know why prices are up. It's because of Iran and Iran is threatening to cut off oil production. The Saudis have 2.8 million barrels of extra production, total Iranian production is 2.2 million. If the Saudis were to promise that they would replace every barrel Iran took off the market with a new barrel on the market, the price of oil would plummet and I believe the administration is working quietly toward that," Schumer said.

Presidents are sometimes said to have a "rally round the flag" effect during wartime and military conflicts. Public support for presidents tends to increase after the United States in involved in a military conflict. The military conflict does not necessarily have to be successful. President Jimmy Carter saw a boost in public support after he ordered a rescue of American hostages held by Iran in 1979, despite that mission's failure.

Presidents do not always benefit from a "rally round the flag" effect, though. Obama was more popular after Osama bin Laden was killed, but not after aiding Libya.

President George W. Bush's 2004 reelection campaign argued that the nation should not "change horses midstream," meaning that it would be unwise to change leadership during the Iraq War.

A 2007 study by Herbert Weisberg, professor of political science at Ohio State University, and Dino Christenson, assistant professor of political science at Boston University, showed, though, that while Bush benefited from his leadership of the larger "War on Terrorism," the Iraq War was not a net vote gainer for the president. The actual impact that a military strike on Iran could have on the November election is, therefore, difficult to predict.

When Weisberg was contacted by The Christian Post to address this question, he simply answered, "there are too many uncertainties to even hazard a guess."
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Re: PROPHESY NEWS WATCH

Post  Admin on Fri 09 Mar 2012, 7:47 pm

What Will Happen To The US If Israel Attacks Iran?

http://news.yahoo.com


--------------------------------------------------------------------------------

President Obama is meeting with Prime Minister Netanyahu of Israel at the White House today, trying to talk him out of an immediate strike on Iran's nuclear sites.

If Israel does decide to bomb Iran, however, what will it mean for the United States? According to former White House counterterrorism official Richard Clarke, Americans should brace for a painful impact. Within a week of the first Israeli attack, says Clarke, a worst case scenario would bring soaring gas prices, terror attacks in U.S. cities, worldwide cyberwar, dead and wounded U.S. sailors, and the real possibility of broad American military involvement.

According to U.S. government estimates, about 20 percent of the oil traded worldwide passes through the Persian Gulf, bordered by Iran, Iraq, Kuwait, Saudi Arabia and the Gulf states. If Israel were to bomb Iran, oil prices would immediately go up. If Iran responded by attacking oil tankers going through the Persian Gulf, says Clarke, gasoline prices for U.S. consumers could double.

"You could see very quickly Iranian commandos and their small boats attacking tankers, attacking oil platforms," said Clarke. "You could see mines being laid in the Gulf."

The result, said Clarke, "would be a huge crisis in energy." President Obama would tap the U.S.'s strategic petroleum reserve, alleviating some of the price rise. The spike in prices "might not last long if the U.S. and its allies are able to take control of the Gulf," said Clarke. "But that could take more than a week and under some scenarios it could take almost a month."

Terror Threat Against Americans

If Israel were to bomb Iran, American officials fear there could be a new wave of terrorism directed by Tehran, especially if the U.S. gets pulled in to the conflict.

"If we, the United States, we're bombing Iran, then I think they'd certainly want to try to do something on our homeland because we were bombing their homeland," said Clarke.

Iran and its Lebanese proxy Hezbollah have already shown a willingness to act outside their own borders, both with deadly attacks on Jewish targets in Argentina in the 1990s and the apparent attempted hits on Israeli targets in a number of countries earlier this year.

"Both have strong inroads in Asia, Europe, and Latin America, where they could strike Israeli, Jewish, and U.S. targets," said Clarke.

Israeli embassies and consulates and Jewish places of worship in the U.S. have been put on alert.

The World's First International Cyberwar

An Israeli attack on Iran would likely set off the world's first international cyber war. Before striking, Israel will try to blind the air defenses of Iran and its neighbors with cyber warfare. And the U.S. might end up using capabilities it has kept secret until now.

"The United States has a very powerful ability to cause this sort of disruption to electric power grids, communications networks," said Clarke. "It hasn't done it because it doesn't like to expose its tricks as it's afraid once it does it, people will figure out how the United States does it. But in a war with Iran, they would be willing to run that risk."

Iran would also attempt to hit back. Said Clarke, "Iran also has a cyber command, which might try to retaliate by attacking U.S infrastructure such as the power grid, trains, airlines, refineries."

U.S. Navy Casualties in the Gulf

Should the U.S. become involved in the Israeli-Iran conflict militarily, says Clarke, it will be impossible to avoid American casualties.

"The Iranians have hundreds if not thousands of small boats, armed small boats, commando small boats, that will operate in the Gulf," said Clarke. "They can get in, they can swarm a U.S. destroyer. The Iranians now also have cruise missiles, anti-ship cruise missiles."

Clarke said there is a potential for the U.S. to sustain significant damage to a few ships and lose some sailors, just as it did during the war between Iran and Iraq in the 1980s. Two U.S. ships were hit during that conflict, with a loss of nearly 40 American lives.

The U.S. Enters the War

According to Clarke, Israel can't do long-term, severe damage to Iran's nuclear infrastructure, so its chief purpose in bombing Iran would be to trigger Iranian retaliation and draw the U.S. into the war to defend Israel, and to finish off what Israel started.

If Israel bombs Iran, Clarke says the cascade of events will lead to attacks on Israeli cities. "Advisors to Prime Minister Netanyahu and Defense Minister Barak are saying that if Israel bombed Iran, the retaliation on Israel would be tolerable," said Clarke. "But if Hezbollah in Lebanon launched thousands of extended range, improved accuracy rockets on Israel, hundreds of Israelis would die. In such a small country, that would be devastating."

The casualties, in turn, would bring the inevitable call to Washington for help.

"You will very quickly see a phone call from Prime Minister Netanyahu to the President," said Clarke, "and he will say to him, 'Only the United States, Mr. President, can find and destroy these mobile missile launchers. Only you can save the lives of Israelis who are dying as I speak in our cities."

Clarke said that message would probably spur any U.S. president into action -- but especially one who is up for reelection within months. "It's likely to get a yes answer from the president," predicts Clarke, "and bring the U.S. into the war."
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Against All Odds: Israel Survives DVD

Post  Admin on Wed 22 Feb 2012, 6:02 pm

Prophesy News Watch
Against All Odds: Israel Survives

Given the circumstances surrounding Israel's birth as a nation, and the odds against its survival, Israel should not exist as a nation today.
Most of us have heard stories that miracles took place in many of the events surrounding Israel's modern history. However, few have ever taken the time to verify and track down the details surrounding these stories - until now. We are very excited to offer this in-depth DVD series - Against All Odds: Israel Survives. For anyone who loves Israel and the God of Miracles - you will love this DVD series.
6 Disc - 9hr Series
3 Teaser Trailers and Interview News -Extended Trailer,
Iranium DVD Iran's nuclear program could be one of the greatest challenges of the 21st century You will learn about the EMP (Electro Magnetic Pulse) threat to America, Iran's current treatment of it's own citizens and Mahmoud Ahmadinejad's obsession with the 12th Imam of Islam

found on link below.
http://www.prophecynewswatch.com/featureditem.html
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Re: PROPHESY NEWS WATCH

Post  Admin on Fri 03 Feb 2012, 7:52 pm

Assad May Start Regional War If UN Tells Him To Step Down

http://www.debka.com/


--------------------------------------------------------------------------------

In confidential conversations with his advisers, Syrian President Bashar Assad is reported by Persian Gulf sources Tuesday, Jan. 31 to have threatened to start up armed hostilities in the region if the UN Security Council Tuesday night endorses the Arab League proposal for him to step down and hand power to his deputy.

Those sources told debkafile that the heads of the Syrian armed forces and intelligence have been given their orders and some units are on the ready. Other Middle East sources reported that the Lebanese Hizballah has also shown signs of military preparations in the last few hours. And the Russian flotilla berthed at the Syrian port of Tartus, led by the Admiral Kutznetsov aircraft carrier, also appears to be on the alert for ructions in the wake of the Security Council Syria session.

During the day, Russia's Deputy Foreign Minister Gennady Gatilov warned that pushing the Arab League's UN resolution was "the path to civil war." Our Moscow sources report that top-level discussions are still going back and forth in the Kremlin over a final decision on a veto.

debkafile reports that the military flurry in advance of the critical Security Council session included US naval movements. Sunday, Jan. 29, the nuclear submarine USS Annapolis, escorted by the guided missile destroyer USS Momsen sailed through the Suez Canal to the Red Sea. This looked like a Washington warning for Tehran to keep its military fingers out of Syria if the confrontation there escalates.

It was not the first time Assad has threatened Syria's neighbors. On Aug. 9, 2011, four months into his savage crackdown against protesters, he warned Turkey that, six hours after the first shot was fired against Syria, he would "destroy Tel Aviv and set the entire Middle East on fire."

That was his answer to Turkish Foreign Minister Ahmed Davutoglu when he came to Damascus with a demand from his and other NATO governments that the Syrian ruler stop the slaughter. .

Davutoglu urged Assad to take a look at Libya and try to understand that if he carried on, he might be in for the same fate as Muammar Qaddafi – a strong hint at military intervention by NATO, including Turkey.

Earlier still on May 10, one of Assad's close kinsmen, the international tycoon Rami Makhlouf, warned: "If there is no stability in Syria, there will be none in Israel. No one can be sure what will happens after that. God help us if anything befalls this regime."
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Re: PROPHESY NEWS WATCH

Post  Admin on Fri 27 Jan 2012, 7:03 pm

PROPHECY NEWS WATCH
Meet the ‘Preppers’ — The Americans Stockpiling Food & Water for a Possible Collapse

http://www.theblaze.com
The world’s a scary place. Wars, famines, corrupt politicians, terrorism, imploding economies — the list goes on. There are plenty of issues worth fearing, which is why a subset of the nation is preparing for what they see as impending calamity.

These individuals, dubbed “preppers,” are stocking up on food, guns, water and other items that they may need should the economy erupt or a massive natural disaster strike. With so many possibilities for problematic occurrences, these individuals want to ensure that they can live beyond any tragically defining moments.

Most preppers are fearful of the prospects of no governmental structure — something that some see as a possibility amidst economic woes and political strife. Back in 2009, a Newsweek report described this phenomenon:

In the late 1990s, Y2K fears brought survivalism to the mainstream, only to usher it back out again when disaster didn’t strike. (Suddenly, unused survival gear began showing up in classifieds and on eBay.) A decade later, “preppers” are what you might call survivalism’s Third Wave: regular people with jobs and homes whose are increasingly fearful about the future…

Reuters published a report this weekend, highlighting some of the preppers out there who are stockpiling and awaiting what they see as the inevitable. To begin, there’s Patty Tegeler, a 57-year-old who lives in Virginia’s Appalachian Mountains.

“In an instant, anything can happen,” she said. “And I firmly believe that you have to be prepared.”

Tegeler’s home has essentially been prepared for whatever may come. She has a large generator, water tanks, portable heaters and enough freeze-dried food to lock herself inside and to keep nourished for two years.

Wondering how she secured these items? There’s an entire market that caters to these individuals (most vendors operate on the internet). These companies sell many of the items that Tegeler has in her own home, as they teach skills or sell the products needed to ensure individual and family survival pending disaster.

The Reuters article even mentions Glenn Beck:

Conservative talk radio host Glenn Beck seems to preach preppers’ message when he tells listeners: “It’s never too late to prepare for the end of the world as we know it.”

Additionally, it goes on to further explain the movement:

“With our current dependence on things from the electric grid to the Internet, things that people have absolutely no control over, there is a feeling that a collapse scenario can easily emerge, with a belief that the end is coming, and it is all out of the individual’s control,” [Cathy Gutierrez, an expert on end-times beliefs at Sweet Briar College in Virginia] told Reuters.

While many would dub survivalist behaviors as silly or a waste of time, preppers separate themselves from the likes of Harold Camping and other leaders who have set dates for what they promise to be apocalyptic conclusions to societal existence. Preppers like Tegeler claim that their items won‘t go to waste regardless of whether there’s a collapse or not. For these individuals it’s all about being ready for anything that could unfold.

And there’s plenty of media outlets for these individuals to consume, as they share tips and communicate with one another. Blogs like lawyer Michael T. Snider’s “The Economic Collapse” focus upon the themes surrounding the economy’s potential bust.

“Most people have a gut feeling that something has gone terribly wrong, but that doesn’t mean that they understand what is happening,” Snider said. “A lot of Americans sense that a massive economic storm is coming and they want to be prepared for it.”

Then there’s James Wesley Rawles, a former Army intelligence officer, who is behind the “Survival Blog,” an online outlet that preppers regularly read.

“We could see a cascade of higher interest rates, margin calls, stock market collapses, bank runs, currency revaluations, mass street protests, and riots,” he said in an interview with Reuters. “The worst-case end result would be a Third World War, mass inflation, currency collapses, and long term power grid failures.”

Tom Martin launched “American Prepper’s Network” back in 2009 — a daily blog and support network that attracts thousands of individuals each week. The most recent post on the site’s blog reads:

Man-made disasters come in many forms. The most obvious would be spills and contamination caused by deteriorating materials, poor driving, train derailments, pipeline maintenance (or lack thereof), infrastructure collapse, policies that lead to coastal erosion, policies that contribute to widespread forest fires, sub-standard building codes, etc.

There are other potential disasters that can be even more far-reaching. These include, but not limited to, monetary policies, tax codes, currency issues, stock market crashes, credit down grades, recession/depression, inflation/hyper-inflation (alaWeimar republic) and devaluation of a currency. Venezuela, Japan and others have experienced these events.

The list of possibilities is long and growing, but again, the prudent man attempts to prepare. For his family and his continued well-being.

This is only a small lens into the prepper movement, but this is nothing new. Throughout history, subsets of American society have remained ready and prepared for whatever may come. While critics may dub it an over reaction, preppers feel they’re simply being prudent.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sat 10 Dec 2011, 2:30 pm

North Korea Making Missile Able to Hit U.S.

http://www.washingtontimes.com


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New intelligence indicates that North Korea is moving ahead with building its first road-mobile intercontinental ballistic missile, an easily hidden weapon capable of hitting the United States, according to Obama administration officials.

The intelligence was revealed in a classified Capitol Hill briefing last month. Its existence was made public in a letter to Defense Secretary Leon E. Panetta from five House Republicans.

“As members of the House Armed Services subcommittee on strategic forces …, we write out of concerns about new intelligence concerning foreign developments in long-range ballistic missile development, specifically ballistic missiles capable of attacking the United States,” the Nov. 17 letter said.

“We believe this new intelligence reiterates the need for the administration to correct its priorities regarding missile defenses, which should have, first and foremost, the missile defense of the homeland.”

Officials familiar with the intelligence said government analysts believe the missile could be a variant of North Korea’s new Musudan intermediate-range missile, first disclosed publicly in October 2010.

Other intelligence indicates that the new ICBM may be under development at a huge missile testing facility on North Korea’s western coast.

Prior to its mobile ICBM, North Korea’s long-range missiles were the pad-launched Taepodong-1 prototype, and the Taepodong-2 (TD-2) dual-use ICBM and space launcher. The TD-2 was test-launched in April 2009.

‘Direct threat’

Mobile missiles are difficult for tracking radar to locate, making them easier to hide. They also can be set up and launched much more quickly than missiles fired from silos or launchpads.

China's military recently deployed two new mobile ICBMs, the DF-31 and DF-31A. It is not known whether North Korea’s new mobile missile is based on Chinese technology. China in the past has provided missile technology to North Korea, a fraternal communist ally.

The first indications of Pyongyang’s new mobile ICBM were made public in June by Robert M. Gates, who was defense secretary at the time.

After a speech in Singapore, Mr. Gates said, “With the continued development of long-range missiles and potentially a road-mobile intercontinental ballistic missile and their continuing development of nuclear weapons, … North Korea is in the process of becoming a direct threat to the United States.”

The new intelligence was discussed during a closed-door briefing in mid-November for the House Armed Services subcommittee on strategic forces and discussed in the letter to Mr. Panetta. The letter did not say specifically that the missile was North Korean, but it quoted Mr. Gates on Pyongyang’s mobile ICBM development.

The letter was signed by Rep. Michael R. Turner, Ohio Republican and chairman of the subcommittee, and subcommittee Republican Reps. Mike Rogers of Alabama, Trent Franks of Arizona, Doug Lamborn of Colorado and Mac Thornberry of Texas.

Congressional aides declined to comment on the intelligence.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sun 04 Dec 2011, 8:00 pm

PROPHESY NEWS WATCH
Barak vs US: We can't wait until Iran declares it has a nuclear bomb

http://www.debka.com


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Major US-Israel differences surfaced suddenly Thursday, Dec. 1, over the timing and circumstances of an attack on Iran's nuclear facilities, when Gen. Martin Dempsey, Chairman of the Joint US Chiefs of Staff, said: "I don't know whether Israel would alert the United States ahead of time if it decided to take military action against Iran." Three hours later, Israeli Defense Minister Ehud Barak maintained US policy would enable Iran to obtain a nuclear weapon without the possibility of attacking it.

In an interview, General Dempsey went on to admit a range of differences between the US and Israel on two key issues: The first related to their expectations from the sanctions and the diplomatic moves being taken by the Obama administration, “with the stated intent not to take any options off the table” – language that leaves open the possibility of future military action.

“I am not sure that the Israelis share our outlook” on this matter, said the American general.

The second issue on which the Americans and Israelis are divided is their perspective on the future course of events relating to the Iranian nuclear program and the Middle East: “And … because to them this (a nuclear-armed Iran) is an existential threat I think probably that it’s fair to say that our expectations are different right now,” said Gen. Dempsey.

In an early morning radio interview, Ehud Barak laid Israel's cards on the table with unusual frankness: He said he would be happy if diplomatic moves and sanctions were to stop Iran’s nuclear program and make it possible to give up the military option, but he does not believe that is the case.

“They (the Americans) tell us - What’s the hurry with an attack on Iran? Wait until (Ayatollah) Khamenei announces that Iran is abandoning the NPT (nuclear non-proliferation treaty). The Iranians will break the locks (IAEA inspection seals at Iranian uranium enrichment plants) and then it will be clear to all that they have a nuclear weapon.”

Barak added: “The difference between us and the Americans is this: We say that because the Iranians are busy moving their nuclear program to underground facilities, they can announce this (that they have a nuclear weapon) after it is no longer possible to attack it." He went on to warn that If Israel is pushed into a corner, “it will have to act.”

In other words, Israel is not willing to wait, as the Obama administration proposes, until diplomatic moves and sanctions against Iran have achieved their aim, mostly because Israel is not ready to let Iran complete the transfer of its nuclear facilities to underground facilities and so make them safe from attack.

According to debkafile’s military and intelligence sources, Israel gives Iran no more than six to eight months to complete this transfer, i.e., by June to August, 2012.

Another point made by the Israeli defense minister was that some of Iran's nuclear facilities have already been hidden underground and are therefore impossible to monitor, even by military satellites. He was referring especially, our sources say, to the Fordo bunker site near Qom where, according to intelligence data, Iran is about to start enriching 20-percent grade uranium to 60 percent. This would bring the program to a few weeks away from weapons grade uranium for a bomb or a warhead.

On Tuesday, Nov. 29, former IDF military intelligence chief Maj. Gen. (res.) Amos Yadlin estimated that Iran had already accumulated sufficient enriched uranium to build 4 to 5 nuclear bombs.

In his interview Thursday, Defense Minister Barak also answered former Mossad chief Meir Dagan's persistent arguments against an Israeli military strike against Iran on the grounds that it would immediately trigger a regional war: Syria, Hizballah, Hamas and Islamic Jihad would launch attacks on Israel, seriously battering the country and inflicting heavy casualties, in Dagan's view.

Israel, Barak replied, is nowhere near being paralyzed by messages of doom. The degree of damage and number of civilian casualties would not, in his view, be alarmingly high. He repeated his estimate of early November that the casualty figure from a combined Arab missile assault resulting from an attack on Iran would be “a lot less than 500” – especially if people took cover.

The defense minister concluded this comment by saying: I have no idea what may happen tomorrow morning in Syria, or in Egypt.” debkafile’s military sources interpret this as meaning that the danger of a new Middle East regional war is already present - unrelated to a possible Israeli attack on Iran, but rather as a result of the volatility set up by the uprising in Syria and the predicted rise to power in Egypt of the Muslim Brotherhood and Salafi Islamists.
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Re: PROPHESY NEWS WATCH

Post  Admin on Thu 01 Dec 2011, 8:45 pm

Iran General Threatens Retaliation Against Israel Nuclear Sites

http://www.haaretz.com

An Iranian general on Saturday threatened retaliation against Israel if any of its nuclear or security sites are attacked.

"If Israeli missiles hit one of our nuclear facilities or other vital centers, then they should know that any part of Israeli territory would be target of our missiles, including their nuclear sites," General Yadollah Javani of the Revolutionary Guards told ISNA news agency.

"They (Israel) know that we have the capability to do so."

Javani, the former head of the military's political department, was referring to mounting speculation that Israel would strike Iran's nuclear facilities after the International Atomic Energy Agency said Iran had tested designs used to make nuclear warheads.

Iranian political and military officials have warned Israel that it would face retaliation from Shahab-3 missiles that can reach any part of Israel.

Iranian volunteers affiliated with the Revolutionary Guards have held several gatherings in recent days and vowed a harsh reply to any military attacks on nuclear sites.
--------------------------

There is a great article on the Dead Sea drying up. Read Jimmy Deyoung's perspective on this ties into Biblical Prophecy.
Read more here
http://news.prophecytoday.com/
Prophecy Today - News Update
Bible prophecy has an interesting prospective on this major ecological problem. The ancient Jewish prophet Ezekiel wrote 2500 years ago that the Dead Sea will be revitalized and would no longer be the saltiest sea on the earth which is today 7 times saltier than any ocean. Ezekiel 47 speaks of a time in the future during the kingdom period when water will flow from the temple on the Temple Mount in Jerusalem to the Dead Sea and it will become a freshwater lake.

I say that this happens during the 1000 year kingdom on earth which will be headquartered in Jerusalem when a Jewish temple is built and in operation (Zechariah 6:12; Zechariah 14).

Salvation for the Dead Sea is on the way. Bible prophecy will be fulfilled.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sat 12 Nov 2011, 8:28 pm

Why Iran's Top Leaders Believe That the End of Days Has Come

http://www.foxnews.com


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Why would Iran authorize a major terrorist operation on American soil? Skeptics say the much-discussed “foiled” Iranian plot makes no sense. We will know soon enough if the Feds have sufficient evidence related to this specific plot.

But Iranian leaders may, in fact, have a motive to accelerate direct attacks on the U.S.: Shia Islamic eschatology, or "End Times" theology.

Iran’s Ayatollah Ali Khamenei and President Mahmoud Ahmadinejad are convinced that the End of Days has come. They believe the Shia messiah known as the “Twelfth Imam” or the “Mahdi” will appear soon to establish a global Islamic kingdom known as the caliphate.

What’s more, they believe the way to hasten the coming of the Twelfth Imam is to annihilate Israel (which they call the “Little Satan”), and the United States (which they call the “Great Satan”). We should not, therefore, be surprised that Iran is probing for weaknesses in American intelligence and homeland security.

Khamenei told Iranians in July 2010 that he personally met with the Twelfth Imam. He also claimed to be the personal representative of the Mahdi on earth, and said all Muslims must “obey him.” Meanwhile, Western intelligence agencies say he continues to work with Ahmadinejad and the Iranian military to develop nuclear warheads and the ballistic missiles to deliver them.

Much of the media has focused on Iran’s threats to wipe Israel “off the map.” But journalists have generally ignored the fact that the Iranian regime is equally determined to destroy the United States.

On October 26, 2005, for example, Ahmadinejad said, “God willing, with the force of God behind it, we shall soon experience a world without the United States and Zionism.”

On June 2, 2008, Ahmadinejad said, “Today, the time for the fall of the satanic power of the United States has come, and the countdown to the annihilation of the emperor of power and wealth has started.”

Iran’s leaders actually believe that the destruction of the U.S. is foreordained, just as the Soviet Union’s implosion was predetermined. They see U.S. economic weakness as a sign that the end of America is near.

Other signs include President Obama’s political weakness in the polls and his unwillingness to use force against Iran even after the Iranian murder of Americans in Iraq, Afghanistan, Saudi Arabia and Lebanon over the years.

Israeli Prime Minister Benjamin Netanyahu sees the gravity of the situation. “The Obama presidency has two great missions: fixing the economy, and preventing Iran from gaining nuclear weapons,” he told The Atlantic magazine in March 2009. “You don’t want a messianic apocalyptic cult controlling atomic bombs,”

Netanyahu said of the Iranian leadership. “When the wide-eyed believer gets hold of the reins of power and the weapons of mass death, then the entire world should start worrying, and that is what is happening in Iran.”'

Unfortunately, Netanyahu hasn’t seen the Obama administration strengthen the American economy or take decisive measures to stop Iran from getting the Bomb, and he is getting anxious. “The international community must stop Iran before it’s too late,”

Netanyahu warned in his United Nations speech last month. “If Iran is not stopped, we will all face the specter of nuclear terrorism, and the Arab Spring could soon become an Iranian winter….The world around Israel is definitely becoming more dangerous.”

To truly understand how just how dangerous Iran’s regime really is, American leaders need to better understand Shia eschatology.

The Twelfth Imam was a real, flesh-and-blood person who, like the eleven Shia leaders who went before him, was an Arab male, a direct descendent of the founder of Islam, and was thought to have been divinely chosen to be the spiritual guide and ultimate human authority of the Muslim people. His actual name was Muhammad Ibn Hasan Ibn Ali, and it is generally believed by Shias that he was born in Samarra, Iraq, in AD 868.

At a very young age, however, Ali vanished from society. Some say he was four years old, while others say five and some say six. Some believe he fell into a well in Samarra but his body was never recovered. Others believe the Mahdi’s mother placed him in the well to prevent evil rulers from capturing him and killing him, and that little Ali subsequently became supernaturally invisible.

This is where the term “Hidden Imam” is derived, as Shias believe that Ali is not dead but has simply been hidden from the sight of mankind – Shias refer to this as “occultation” – until the End of Days, when Allah will reveal him once again.

Shias believe the Mahdi will return in the last days to establish righteousness, justice, and peace. When he comes, they say, the Mahdi will bring Jesus with him. Jesus will be a Muslim and will serve as his deputy, not as King of kings and Lord of lords as the Bible teaches, and he will force non-Muslims to choose between following the Mahdi or death.

By most accounts, Shia scholars believe the Mahdi will first appear in Mecca and conquer the Middle East, then establish the headquarters of his global Islamic government—or caliphate—in Iraq. But there is not universal agreement. Some believe he will emerge from the well at the Jamkaran Mosque in Iran and then travel to Mecca and Iraq. Some say that he will conquer Jerusalem before establishing his caliphate in Iraq. Others believe Jerusalem must be conquered as a prerequisite to his return.

None of this is actually written in the Kuran, and Sunnis reject this eschatology.

But one thing that is fairly well agreed upon among devout “Twelvers” is that the Mahdi will end apostasy and purify corruption within Islam. He is expected to conquer the Arabian Peninsula, Jordan, Syria, “Palestine,” Egypt and North Africa, and eventually the entire world. During this time, he and Jesus will kill between 60 and 80 percent of the world’s population, specifically those who refuse to convert to Islam.

Ayatollah Ibrahim Amini, a professor at the Religious Learning Centre in Qom, wrote a noteworthy book entitled, Al-Imam al-Mahdi, the Just Leader of Humanity, describing the connection between Shia eschatology and Iranian foreign policy. “Those who persist in their disbelief and wickedness shall be killed by the soldiers of the Mahdi,” wrote Amini.

“The only victorious government in the entire world will be that of Islam, and people will devotedly endeavor to protect it. Islam will be the religion of everyone, and will enter all the nations of the world. . . .The Mahdi will offer the religion of Islam to the Jews and the Christians; if they accept it they will be spared, otherwise they will be killed. . . . It seems unlikely that this catastrophe can be avoided. . . . Warfare and bloodshed [are] inevitable. . .

The Imam of the Age and his supporters will overcome the forces of disbelief and godless materialism by undertaking jihad.”

In light of such End Times theology, we shouldn’t be surprised that the Iranian regime is taking a more aggressive posture towards the U.S. and Israel. Instead, we should be taking decisive measures to prevent Iran from blind-siding us in the not-too-distant future with a nuclear terrorist attack or even an electromagnetic pulse (EMP) attack.

Unfortunately, most of Washington and the world’s leadership is asleep to the prospect of this gathering storm. It is time to wake up, before it’s too late.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sat 12 Nov 2011, 8:14 pm

Israel May Launch Strike on Iran as Soon as Next Month

http://www.dailymail.co.uk


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Israel will launch military action to prevent Iran developing a nuclear weapon as soon as Christmas, intelligence chiefs have warned.

A report by a UN watchdog into Iran’s nuclear ambitions ‘completely discredits’ the Islamic nation’s protestations of innocence, according to Foreign Secretary William Hague.

The International Atomic Energy Agency found that Iran is developing a nuclear test facility, nuclear detonators and computer modelling for a nuclear warhead that would fit on an existing missile.

Sources say the understanding at the top of the British Government is that Israel will attempt to strike against the nuclear sites ‘sooner rather than later’ – with logistical support from the U.S.

A senior Foreign Office figure has revealed that ministers have been told to expect Israeli military action, adding: ‘We’re expecting something as early as Christmas, or very early in the new year.’

Officials believe President Barack Obama would have to support the Israelis or risk losing vital Jewish-American support in the next presidential election.

In recent weeks, Ministry of Defence sources confirmed that contingency plans have been drawn up in the event that the UK decided to support military action.

But the source ruled out direct British support, adding: ‘Of course we are not in favour of Iran developing a bomb – but do we think they’d use it: no.

‘The bigger concern is it will be impossible to stop Saudi Arabia and Turkey from developing their own weapons.’

Mr Hague said Britain would push for more sanctions against Tehran when the IAEA committee meets later this month.

Iran’s president Mahmoud Ahmadinejad, meanwhile, vowed not to retreat ‘one iota’ from its nuclear programme.

In a statement on Middle Eastern affairs, the Foreign Secretary was critical of Israel’s ‘occupation’ of Palestinian land.

But he announced Britain will abstain on a UN vote later this week to give statehood to Palestinians.

Yesterday the Iranian president gave a passionate speech to thousands of supporters in central Iran, and broadcast on live state television, denouncing the UN report.

He hit out at the IAEA, saying it is discrediting itself by siding with 'baseless' U.S. claims that Iran is seeking to develop nuclear weapons.
The U.S. has yet to comment on the findings, but France said it is ready to push for sanctions of 'an unprecedented scale' if Iran refuses to answer new questions about its nuclear programme.

Foreign Minister Alain Juppe said that if Iran fails to answer concerns raised by the report, the international community should raise diplomatic pressure to a new level.

China isn't publicly commenting yet on the U.N. assessment in a likely sign that it will wait for Washington and Moscow to signal their intentions. Foreign Ministry spokesman Hong Lei yesterday said that Beijing is studying the report and repeated calls for dialogue and co-operation.

Speaking to supporters in the city of Shahrekord, Ahmadinejad said Iran will not stop its nuclear development, adopting a defiant position against the report, which could spur efforts for new sanctions against his country.
He said: 'If you think you can change the situation of the world through putting pressures on Iran, you are deadly wrong. The Iranian nation will not withdraw an iota.'

Iran insists its nuclear program is for peaceful purposes, not weapons production.

Ahmadinejad's regime is already thought to have built a top-secret explosives test facility at a site in Parchin, just outside Tehran, where it is conducting experiments to develop a weapon.

Scientists are building hi-tech precision detonators which would be essential for a nuclear device, and developing a uranium core for a nuclear warhead, the UN said.

The report also lays bare that Iranian scientists are trying to mount a nuclear payload into their Shahab 3 missiles - which can reach Israel, Iran’s arch foe.

The report compiled by Yukiya Amano is the strongest sign yet that Iran seeks to build a nuclear arsenal, despite Tehran's insistence its nuclear program is purely for peaceful purposes.

The document claims that while some of the suspected secret nuclear work by Iran can have peaceful purposes, 'others are specific to nuclear weapons.'

A 13-page attachment to the agency's Iran report details intelligence and IAEA research that shows Tehran working on all aspects of research toward making a nuclear weapon, including fitting a warhead onto a missile.

Ahead of the report's release, Israeli Defence Minister Ehud Barak warned of a possible Israeli military strike against Iran's nuclear programme.

He told Israel Radio that he did not expect any new U.N. sanctions on Tehran to persuade it to stop its nuclear defiance, adding: 'We continue to recommend to our friends in the world and to ourselves, not to take any option off the table.'

The 'all options on the table' phrase is often used by Israeli politicians to mean a military assault.

While some of the suspected secret nuclear work outlined in the annex could also be used for peaceful purposes, 'others are specific to nuclear weapons', the report claims.

Some of the information contained in the annex was new - including evidence of a large metal chamber at a military site for nuclear-related explosives testing.
The bulk, however, was a compilation and expansion of alleged work already partially revealed by the agency.

But a senior diplomat familiar with the report said its significance lay in its comprehensiveness, thereby reflecting that Iran apparently had engaged in all aspects of testing that were needed to develop such a weapon.

Also significant was the agency's decision to share most of what it knows or suspect about Iran's secret work with the 35-nation IAEA board and the U.N. Security Council after being stonewalled by Tehran in its attempts to probe such allegations.

Copies of the report went to board members and the council, which has imposed four sets of U.N. sanction on Tehran for refusing to stop activities that could be used to make a nuclear weapon and refusing to cooperate with IAEA attempts to fully understand its nuclear program.

The agency said the annex was based on more than 1,000 pages of intelligence and other information forwarded by more than 10 nations and material gathered by the IAEA itself.

The report suggests that Iran made computer models of a nuclear warhead and includes satellite imagery of a large steel container the IAEA believes is used for nuclear arms-related high explosives tests.

In remarks broadcast on state television, Ahmadinejad said that International Atomic Energy Agency chief Yukiya Amano was simply repeating U.S. allegations. 'He delivers the papers that American officials hand on him,' Ahmadinejad said.

'I am sorry that a person is heading the agency who has no power by himself and violates the agency's regulations, too.'

He repeated Iran's stance that it is not involved in making a nuclear weapon: 'They should know that if we want to remove the hand of the U.S. from the world, we do not need bombs and hardware. We work based on thoughts, culture and logic.'
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Re: PROPHESY NEWS WATCH

Post  Admin on Thu 10 Nov 2011, 1:47 pm

Prophesy News watch.
Is Israel Preparing for an End-Times Attack on Iran?

http://blogs.christianpost.com

Is Israel on the verge of launching a military strike against Iran? Strong evidence seems to point to this inevitability.

Israel has been warning the West that the window of opportunity to halt Iran's nuclear progress is closing. Israeli Foreign Ministry officials state that Iran's nuclear progress is outpacing political and sanction efforts, which means that the clock is ticking on Iran's efforts to achieve nuclear weapons.

While evidence continues to emerge that Iran is on the verge of getting the bomb, sanctions have clearly not worked, as Russia and China continue to enable Iran to skirt around them by offering them all that Iran needs. However, the U.S. presses for more.

President Obama just announced that he and French President Sarkozy have agreed that the U.S. and France will "maintain unprecedented pressure on Iran"; but why? What has "unprecedented pressure on Iran" accomplished?

Israel, alone, has been somewhat effective at delaying the Iranians from obtaining nukes. Its combination of targeted assassinations and cyber-warfare have brought about delays in the nuclear process, but the Iranians have overcome these setbacks and are now back on track in their pursuit of nuclear weapons.

Since God has allowed this focus on ineffective sanctions to continue, it means, of course, that it is in God's plan for Iran to continue its unfettered progress toward nuclear capability.

Does that mean God wants Iran to carry out its threat of eliminating Israel, a threat that nuclear weapons might allow it to accomplish?

The answer to that is a resounding NO! God has guaranteed that Israel will be a nation before Him forever, and He has laid out in detail His future plan with Israel at its center.

This simply means that God has another way of stopping Iran's quest, and it appears to involve the Jewish nation. In an article this week, author Joel Rosenburg (who has excellent sources in Israel) declared that there is increased speculation about Israel launching a preemptive strike against Iran.

This speculation began two weeks ago when Israel's largest newspaper, Yediot Ahronot, ran a front page story claiming that Prime Minister Benjamin Netanyahu and Defense Minister Ehud Barak had already determined that a strike on Iran was necessary and were pressing the cabinet to give the go ahead for the attack.

But the indicators that Israel is prepping for a possible strike on Iran go beyond those signals. Recently, the Israeli military successfully test-fired an advanced missile capable of carrying a nuclear warhead and striking Iran.

In addition, the IAF (Israel Air Force) has been in Italy carrying out air combat drills for long-range attacks. Interestingly, the Washington Times declares that the prisoner swap for Gilad Shalit may be a sign that Israel is "clearing the deck" to get ready for an attack.

As the Israeli prime minister declared in his speech to the Knesset Monday, "peace is made with the strong, not with the weak." There is no truer proverb when considering the Middle East.

In considering the ultimate show of strength at this time, an attack of Iran would be at the top of the list. Thus, a powerful show of strength by Israel—by launching a successful military attack on Iran—could open the way for a peace treaty with Israel like nothing else could.

Yet, even so, Israel is still willing to hold off, for now, the launching of an attack against Iran in order to allow the involvement of Western nations to stop Iran's quest for nukes.

Clearly, Israel's training sessions for an attack against Iran are not secret. No doubt Israel is serious about launching a strike, since Iran's quest for nukes may threaten the Jewish nation's very existence. However, Israel leaked its preparations to unnerve Iran and to move the West to work harder at halting Tehran's nuclear progress.

Since the West could pay a price for Israel's attack—via Iran's retaliation of a strike—Israel is hoping Western nations will be motivated by Israel's preparation to go after the Iranian regime.

However, in the end, it seems God will move Israel to launch a military attack on Iran's nuclear facilities, which could prompt a regime change when the Iranian opposition movement takes advantage of the resulting chaos to overthrow the government. This, in turn, may also create a domino effect to take down terrorism in the Middle East.

If so, it will likely prepare the region for alignment with Israel for the end-times (seven-year) treaty—the treaty that starts the clock ticking on the final seven years leading to the return of Christ. In addition, this strike on Iran could result in Israel becoming the hero, which God could also use to move regional leaders to work with Israel on the treaty. Thus, if Israel does in fact launch this strike in the near future, then the coming of Christ for His Church may not be far away.

As an important aside, one of the fascinating factors at work here is the rare phenomenon of the Israeli prime minister and defense minister acting as one—together on such a serious and controversial matter.

To add to that phenomenon, the two are from different parties; yet both believe a preemptive attack on Iran must be launched before it is too late. Because this fraternal alliance is so unusual, it seems obvious that we are seeing God at work—to put these two men in power for "such a time as this" (Esther 4:14) and to align their hearts (cf. Proverbs 21:1) for His plan. So keep looking up!
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Re: PROPHESY NEWS WATCH

Post  Admin on Fri 04 Nov 2011, 8:02 pm

More Signs Israel Preparing To Launch Attack

http://www.wnd.com


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A U.S. intelligence source has told G2Bulletin there are more indicators Israel is preparing to launch an attack – possibly against Iran. And if it does, it may be looking at how to undertake a multi-front strategy that would include an assault against Hezbollah in Lebanon, Hamas in the Gaza Strip or even Syria, according to a report from Joseph Farah's G2 Bulletin.

Separate sources suggest that Syria would welcome such an attack to divert attention from its own internal violent demonstrations against the regime of Syrian President Bashar al-Assad.

The latest indications and warnings, or I&W, come two weeks following G2Bulletin's initial report that the Pentagon was watching for a long-anticipated Israeli attack on Iran's nuclear sites.

That came after revelations of an alleged Iranian plot to kill the Saudi Arabian ambassador to the United States. At that time, a U.S. intelligence source who monitors Israeli I&W said the U.S. was watching "an indicator and warning matrix" in which the U.S. can "go so far as to plot the illumination tables to pick out what nights would be best" for such an attack.

He said that U.S. analysts were concerned that an attack could be "imminent." The intelligence source said there was a "green light" for the Israelis "to do a strike," although it wasn't clear whether that green light is coming from within the Israeli political and military command structure, or from the U.S. government.

The source now reports further I&W to include unusual helicopter traffic at one of the Israeli training bases.

The source reports that the traffic involves some 20 utility helicopters and three attack helicopters.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sun 30 Oct 2011, 7:23 pm

Israel ready to submit borders proposal to Quartet
http://www.jpost.com




In a departure from previous policy, the government has agreed to put forward a comprehensive proposal on borders within three months, according to a Quartet communiqué issued on Thursday.

The statement, put out following separate meetings the Quartet envoys and Quartet representative Tony Blair held in Jerusalem with Israeli and Palestinian officials on Wednesday, said the parties agreed with the Quartet to “come forward with comprehensive proposals on territory and security within three months.”

Prime Minister Binyamin Netanyahu has been reluctant to present a detailed map of where he envisions a future Palestinian state, wary of revealing a key negotiating card before knowing what he can expect in return from the Palestinians on issues such as refugees, Jerusalem and recognition of a Jewish state.

Blair, in an interview he gave earlier this week with the Los Angeles Times, was asked whether either side has provided the Quartet with a detailed proposal on borders and security.

“The Palestinians, of course, did table a proposal in the last talks that they had in Annapolis [Maryland, in 2008 during the Bush administration].

They were detailed, significant proposals on borders at least, in and around land swaps.

This Israeli government has not produced such a proposal, and that’s obviously one thing we have to explore with them,” he said.

One Israeli government official, when asked about Israel’s border proposals, said Jerusalem wanted to “facilitate” the Quartet’s efforts to launch direct negotiations without preconditions. He stressed, however, that it was important that the Quartet meetings don’t become a substitute for direct negotiations between the sides, but only as a way to get those talks started.

Blair explained in his interview that the Quartet was trying to get detailed proposals from Israel and the Palestinians on borders and security, to gauge how wide the gaps were, and whether there was a basis for negotiation.

The Quartet reiterated in its statement that the objective of the current efforts is “direct negotiations leading toward an agreement by the end of 2012.” The statement said that the envoys would meet regularly with the sides over the next 90 days to review progress.

The statement also reiterated the Quartet’s call for the parties to “refrain from provocative actions” so the negotiations can be effective, diplomatic code for Israel to stop settlement construction.

Government officials, meanwhile, denied reports of US pressure on Israel to freeze construction now, including in Jerusalem neighborhoods beyond the Green Line, such as the recently approved project in Gilo, to lure the PA back to talks.

Netanyahu, the official said, has made clear that the type of housing-start freeze he implemented in the West Bank, but not in east Jerusalem, at the end of 2009 for 10 months was not going to repeat itself.

A spokesman at the US Embassy in Tel Aviv, when asked if Washington was calling on Israel to freeze settlement construction, said the American position on settlements has been known and consistent for 30 years.

“We consider settlements and construction in east Jerusalem to be actions that appear to be, or actually are, prejudicing the outcomes of negotiations,” he said.

The spokesman said the US “urged both sides to refrain from any sort of unilateral action that would impede the successful outcome of direct negotiations,” and added that the American position was for the resumption of direct negotiations without any conditions.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sun 30 Oct 2011, 7:05 pm

Hamas boosting anti-aircraft arsenal with looted Libyan missiles

http://www.haaretz.com


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The improved quality of anti-aircraft missiles held by Hamas in Gaza is increasingly worrying the Israeli defense establishment. Hamas recently managed to smuggle relatively advanced Russian missiles, which were looted from Libyan military warehouses, into the Gaza Strip. Israel is worried about the presence of the missiles, both because they curb the air force's almost unlimited freedom of movement over Gaza today, and because of their possible use against civil aviation in Eilat.

Shoulder-fired anti-aicraft missiles have been smuggled into Gaza in recent years at Iran's initiative. But the fall of Muammar Gadhafi's regime has enabled Hamas to bring in much higher quality missiles - and in much larger quantities.

Rings of smugglers utilized the riots in Libya to break into military storage facilities and steal large quantities of weapons, some of which have relatively advanced capabilities. The weapons were then sold to terrorist organizations, first and foremost to various Palestinian factions. It seems that extremist Islamist organizations in Somalia also bought large quantities of weapons.

The United States is also worried by the developments. U.S. Secretary of State Hillary Clinton, who visited Libya last week, announced the U.S. would grant the new Libyan regime millions of dollars in aid in an attempt to fight the arms smuggling. American experts expressed their fears in particular over the transfer of shoulder-launched missiles to terrorists, and said the aid was intended to allow the Libyans to locate where such weapons are stored - and destroy them.

There have been previous reports of the smuggling of Russian SA-7 anti-aircraft missiles into Gaza. Now there are reports of more advanced missiles.

A few weeks ago, the cabinet discussed the issue of protecting civilian aviation in Eilat, including the possible purchase of systems to defend planes against anti-aircraft missiles. The issue has been put off for nine years since the failed attempt by an al-Qaida faction to shoot down an Israeli passenger plane in Mombasa, Kenya.

In the August 18 battle between the IDF and terrorists, the terrorists fired a missile at an Israeli attack helicopter. The missile missed. But the Air Force has been operating for a number of years over Gaza on the assumption that various Palestinian factions possess anti-aircraft missiles.

The anarchy in Sinai in recent months has allowed the Palestinians in Gaza to operate almost without interference, and improve their training and weaponry.
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Re: PROPHESY NEWS WATCH

Post  Admin on Fri 21 Oct 2011, 9:45 pm

Prophecy News Watch
Poll: Palestinians say enough talk, ready to fight



A Palestinian public opinion poll conducted over the weekend revealed that Israel's ostensible peace partners have had enough of talking, and may be gearing up for more violence.

The Center for Opinion Polls and Survey Studies at An-Najah National University in Nablus asked local Palestinians if they believe a lasting peace deal can be negotiated between their leaders and Israel. Nearly 73 percent answered 'No.'

But that didn't mean the Palestinians had given up hope on their nationalistic goals. Over 64 percent said negotiations are not the only way to achieve a Palestinian state, and 57 percent said they expect the eruption of a "third intifada" or terrorist uprising against Israel.

Read more HERE
> http://www.rap-con.com
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Re: PROPHESY NEWS WATCH

Post  Admin on Thu 13 Oct 2011, 2:29 pm

Obama’s Bomb Deal With Israel Raises The Spectre Of War

http://www.theglobeandmail.com


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Barack Obama may be widely regarded at home as the least pro-Israeli president in decades, but he has secretly okayed giving the Jewish state a bunch of special bunker-busting bombs – ideal for destroying Tehran’s ruling mullahs’ nuclear ambitions and so powerful that George W. Bush blocked handing them over.

Capable of penetrating deep beneath the surface, the bunker-busters would be crucial for any air strikes at Iran nuclear sites. Mr. Netanyahu has wanted the bunker-busters for years and, as first reported by Newsweek, Mr. Obama agreed to hand over 55 of the sophisticated and powerful weapons.

Given Israel’s track record of pre-emptive bombing strikes to destroy nuclear sites in neighbouring nations and Iran’s ambitious and suspicious nuclear program, the American bunker-busters may increase the chance of another Middle East war.

Iran’s unpredictable and bellicose President Mahmoud Ahmadinejad has vowed to wipe Israel off the map. Iran continues to defy international sanctions with a clandestine nuclear program.

Meanwhile, Mr. Netanyahu now has the means to carry out his threat that “Iran will not acquire nuclear arms, and this implies everything necessary to carry this out.”

The bunker-busters will fit nicely on Israeli’s top fighter-bomber, the F-15. Dropped from up to a dozen kilometres away, the needle-nosed, 2.5-tonne bomb ‘dives” to its target, correcting its course so precisely as it plunges that it will fly down a ventilation stack or slice through six metres of concrete or 30 metres of dirt before exploding with colossal force.

That’s hardly the sort of thing used against the rabbit’s warren of sub-surface tunnels used by Hamas to smuggle small arms and rockets into Gaza from the Egyptian Sinai near the Canada Gates.

The bunker-buster bombs, and Mr. Obama’s staunchly pro-Israeli stance last week at the United Nations where he vowed to block a Palestinian bid for recognition, have buoyed his approval ratings in Israel.

Last spring, when he dared voice a return to “1967 lines” as the basis for peace, barely 12 per cent of Israelis regarded him as “pro-Israel.” Pollsters recorded it at 54 per cent this week.

Israel has its own – undeclared and therefore illegal under international law – nuclear arsenal which its western friends mostly ignore as they decry and denounce the outlawed efforts of Muslim states – including Pakistan and Iran – to either build or add to their stockpiles of nuclear warheads.

Israel also has twice launched pre-emptive and devastating air strikes to destroy Arab nuclear reactors before they could produce weapons-grade bomb stock. In 1981, a daring long-distance strike destroyed an Iraqi reactor, ending Saddam Hussein’s pursuit of nuclear weapons.

In 2007, Israeli warplanes bombed a Syrian reactor of North Korean design. Striking Iran, both further away and further along the nuclear-weapons development path and with widely dispersed and deeply-buried sites, would be more challenging militarily.

The bunker-busters may be a hammer Israel can’t use unless it has the tacit approval of Washington. It’s not clear if Mr. Obama retained the right to approve any use of the bunker-busters.
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Re: PROPHESY NEWS WATCH

Post  Admin on Wed 21 Sep 2011, 1:02 pm

prophesy news watch
The State of Palestine - What would Arab state number 23/ Muslim state number 58 be like?

http://www.israelnationalnews.com
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Global leaders are so busy speaking of how essential it is for a “State of Palestine” to be founded that none of them seems to have noticed that it already exists in practice in the Palestinian Authority.

Since the Palestinian Authority was established in 1994, the contours of the “State of Palestine” that they wish have taken form in front of our eyes.

So what will this famous “State of Palestine” be like?

It will be a racist state ethnically cleansed of Jews, as the PLO representatives proclaimed the last week.

It will be a state led by Holocaust enablers like Hamas or by a Holocaust-denier like Mahmoud Abbas, who in a book downgraded the number of Jewish victims and denied that the gas chambers were used to murder Jews.

In any case, it will be a state committed to the destruction of the nearby Jews’ homeland.

A state that will banish freedom of conscience for artists, journalists and writers. A state that will drive away Christians from the land, while proclaiming Jesus “the first fedayeen”.

A state that will stone to death Arab homosexuals and prostitutes, who are now finding a shelter in Israel. A state that will torture Arab inmates in prisons and that will throw political dissidents from the roofs of public buildings.

A state where the Iranian clergy will preach the Khomeinist ideology. A state that will accept checks and support from the genocidal Muslim Brotherhood in the name of “the caliphate or death”, as the Islamists who assassinated Egypt’s Anwar Sadat in 1981 decorated their holding cages.

A state where the sharia – the Islamic code – will be the only rule of law. A state that will be put to death human beings simply because guilty of apostasy (conversion to Christianity). A state where the women will be obliged to wear headscarves. A state where “honor killings” will terrorize the female population.

A state that will commemorate terrorists, human bombs and baby killers in public squares, streets and monuments.

A state that will not hold democratic elections, but that will be a combination of corruption, dictatorship, Islamic theology and “binladenism”.

A state where terror militias will cut fingers off smokers.

A state where public libraries will become the largest global archive of anti-Semitic books.

A state that will ban drinking in public buildings. A state where liquor stores will be blown up by terror groups.

A state where men will be banned from women’s hair salons.

A state where security forces will arrest people for expressing opinions unpopular with the regime, as well as punishing media organizations and journalists for their coverage of such statements.

A state where the ratio of militiamen/men- under-arms to civilians will be higher than in any other country. A state where worshipers in mosques will be gunned down by terrorists.

A state that will encourage a new category of Arab refugees, those who would gladly escape oppressive and murderous Palestinian control.

A state where ambulances will be stopped on the way to hospitals and wounded will be shot in cold blood. A state that would be a heavily armed union of rejectionists all dedicated to destroying the shards of Western values.

A state where young couples will not walk hand in hand in the Al Manar Square of Ramallah and where plainclothes officers will halt them in the streets, demanding to see marriage licenses.

A state that will declare war on Judaism, depicting Jewish history in the Middle East as no more than an insignificant, brief sojourn by arrogant colonizers.

Who would live in such a state? So why the world is dribbling at the mouth about the creation of a “State of Palestine”?

Is it because Arab state number 23 and Muslim state number 58 will be the perfect tool for the evaporization of the lone Jewish state in the world?

6 miles is the distance between the Israeli city of Afula and the “State of Palestine”. 9 miles to the city of Netanya. 11 miles to reach the skycrapers of Tel Aviv. 4 miles to bomb the Ben Gurion International Airport. Just a mile to the city of Kfar Saba.

Building the small Palestinian caliphate on Israel’s shoulders is the first step of throwing the Jews in the sea.
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Rebuilding The Temple Discussed At Holy Temple Conference In Jerusalem

http://www.israelnationalnews.com


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The Holy Temple Conferences by the Movement for Temple Renewal, with the participation of leading temple-oriented organizations, took place in the Great Synagogue in Jerusalem on Sunday.

The conference included lectures on different matters connected to the Temple Mount and to the rebuilding of the Temple.

“We’re dealing with matters of the press, the government, matters related to the ascent to the Temple Mount by women," Baruch Ben Yosef, Chairman of the Movement to Restore the Temple, told Arutz Sheva.

Following the lectures, a general meeting was held inside the Great Synagogue, where participants heard more lectures and music related to the Temple. They then ate what is called the Seudat Hamikdash – the Temple Repast.

“This is all in order to raise awareness of the Holy Temple, the Temple Mount, and its significance to the Jewish people,” explained Ben Yosef.

He said that it is no coincidence that the conference took place this week, as the Palestinian Authority prepares to present its unilateral statehood bid to the UN.

“It’s obvious that the vacuum caused by there being no Temple in Jerusalem and a lack of Jewish presence on the Temple Mount led the Arabs to call the creation of a new state,” said Ben Yosef.

Yehudah Glick, Chairman of the Temple Mount Heritage Foundation, told Arutz Sheva that he believes the anti-Israel gatherings around the world this week are a direct result of the lack of Jewish presence on the Temple Mount.

“Jewish presence on the Temple Mount is a natural part of the view,” he said. “We’re here trying to gather our energy and work together towards this goal.”

From whatever point on the globe they are, Jews pray facing the Temple Mount and have done so since the first Holy Temple was built during King Solomon's reign. Their prayers included the hope to rebuild the Temple and ascend the Temple Mount to worship there. Seeing mosques standing on the site from the 7th century on due to the Muslim conquest of Jerusalem was a difficult pill for the Jewish people to swallow, in addition to mourning the Second Temple's destruction by the Roman legion in the 1st century.

When Israel regained Judaism's holiest site, the Temple Mount, in the 1967 Six Day War, the euphoria of Jews worldwide that saw hundreds of thousands walking excitedly to the area on the days following the war, soon turned to dismay when then COS Moshe Dayan gave back control of the Temple Mount to the Moslem Wakf religious authority.

Whereas there is rabbinical controversy on whether it is permissible for Jews to walk on all of the Temple Mount since it is not agreed which parts were for High Priests only, that did not preclude its remaining under Jewish control.

The Wakf lost no time in seeing to it that it is illegal for Jews to pray there and in attempting to erase all archaeological evidence, of which there is an abundance, of Jewish presence on the Temple Mount. Jews were left to pray at the Western Wall, an outer wall of the site, as they had when Moslems were in control, and before Jordanian occupation of the Old City made it off limits from 1949-1967.
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The Palestinian Authority chose the mother of 4 terrorist murderers, one of whom killed seven Israeli civilians and attempted to killed twelve others, as the person to launch their statehood campaign with the UN. In a widely publicized event, the PA had Latifa Abu Hmeid lead the procession to the UN offices in Ramallah and to hand over a letter for the UN Secretary General Ban Ki Moon.

The official PA daily reported that she launched the UN campaign last week, and noted that she is the "mother of seven prisoners and of the Shahid (Martyr) Abd Al-Mun'im Abu Hmeid." However, the paper did not mention that 4 of her imprisoned sons are murderers.

Palestinian Media Watch reported last year that Abu Hmeid then had 4 sons in Israeli prisons who were each serving between two and seven life sentences, a total of 18 life sentences. At that time she was in the news because the PA Minister of Prisoners' Affairs, Issa Karake, decided to honor her with an award, "the Plaque of Resoluteness and Giving... inscribed with the names of her four sons who are imprisoned."

The PA minister explained then why the mother of 4 murderers of Israelis deserves such honor:

"It is she who gave birth to the fighters, and she deserves that we bow to her in salute and in honor."

The four sons are serving a total of 18 life sentences for the following crimes:

Nasser Abu Hmeid - 7 life sentences + 50 years - commander in Fatah's military wing the Al-Aqsa Martyrs' Brigades in Ramallah. Convicted of killing seven Israeli civilians and 12 attempted murders.

Nasr Abu Hmeid - 5 life sentences - Member of terror faction of Fatah, Tanzim, and convicted of involvement in two terror attacks and arms dealing.

Sharif Abu Hmeid - 4 life sentences - a member in one of the brothers' units carrying out terror attacks against civilians and soldiers. Accompanied a suicide bomber to his attack in March 2002.

Muhammad Abu Hmeid - 2 life sentences + 30 years - involvement in terror attacks.

A fifth son, Abd Al-Mun'im Muhammad Yusuf Naji Abu Hmeid, the one referred to as "Martyr," was a member of the military wing of Hamas, Izz A-Din Al-Qassam Brigades, and planned and carried out the ambush and murder of an Israeli intelligence officer.

The following is a reports about the mother of the terrorists launching the PA statehood campaign:

"In a procession which set off yesterday from opposite the Cultural Auditorium in Ramallah in the direction of the UN representative office in Ramallah, the 'Palestine - the 194th State' national campaign was inaugurated... when Latifa Abu Hmeid, known as the 'mother of the prisoners', handed over a letter addressed to UN Secretary General, Ban Ki-Moon, via his representative in Ramallah... She was chosen for this because she is a symbol of Palestinian suffering".
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Re: PROPHESY NEWS WATCH

Post  Admin on Sat 17 Sep 2011, 5:40 pm

Israel holds out little hope PA state bid will be stopped

http://www.jpost.com/


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With the opening of the UN General Assembly on September 20 just a week away, Israeli officials spoke pessimistically on Monday of chances to fend off a Palestinian Authority move to the UN, despite a flurry of last minute diplomatic activity aimed at seeing if this were still possible.

German Foreign Minister Guido Westerwelle, who met with PA President Mahmoud Abbas in Amman on Sunday, met with Prime Minister Binyamin Netanyahu on Monday. Netanyahu is also scheduled to meet with EU foreign policy chief Catherine Ashton, scheduled to arrive in Israel on Tuesday evening from Egypt, on Wednesday.

Following Westerwelle’s meeting with Abbas, the German Foreign Ministry put out a statement saying Westerwelle “stressed that Germany, as before, supports the aim of a viable Palestinian state as a result of negotiations. However, steps that risk to make any progress toward a two-state-solution more difficult should be avoided. With a view to a possible Palestinian request to the UN, the decisive question was what would serve the peace process, and what would hamper it.”

“The diplomatic efforts are ongoing,” one Israeli official said after Netanyahu met the German foreign minister, “though the chances are slim of getting the Palestinians to pull back and reach some sort of diplomatic solution that would make going to the UN in September unnecessary.”

Foreign Ministry officials said France was leading efforts inside Europe to get the 27-member EU to vote as one block on the Palestinian issue, and has been arguing that a PA agreement to not take the independence bid to the UN Security Council, but only to the UN General Assembly where it would ask for non-member UN status similar to the Vatican, should be seen as a “Palestinian compromise” and supported.

Western diplomatic officials said that Europe was not involved – as a way of ensuring European support – in writing the resolution with the Palestinians that will be brought to the UN, but that the Palestinians were well aware of what formulations the EU would be able to support as a bloc.

Nevertheless, one Israeli official said that Jerusalem has not gained any indication that the Palestinians will present the UN with a “watered down” resolution in order to get the Europeans on board, but rather that they were still leaning toward a maximalist resolution.

The officials said Israel had a “number of options” regarding how to respond, but would not reveal them until the time comes, in order to retain maximum maneuverability and see how things develop.

Ashton, meanwhile, said in Cairo following a meeting with Egyptian Foreign Minister Mohamed Kamel Amr that “there is no resolution on the table yet, so there is no [EU] position. What we’re very clear about from the European Union is that the way forward is negotiations. We want to see a just and fair settlement.

We want to see the people of Palestine and the people of Israel living side by side, in peace and security.”

And even as Europeans continued to debate the issue among themselves, Russia’s envoy to the UN was quoted by Interfax as saying on Monday that Russia will vote in favor of declaring a Palestinian state at the United Nations.

“We will, of course, be voting for any of the Palestinians’ proposals,” Vitaly Churkin said, according to AFP.

“But I must say that we are not pushing them into it. We are saying that ‘whatever you decide to do, we will support you,’” he said.

Russia had previously expressed support for the Palestinian statehood bid, but had not stated explicitly that it would vote in favor of UN recognition of a Palestinian state. China came out in support of the bid last month.

Israeli officials said that while they were not surprised by the decision, Churkin’s comment that Russia would support whatever the Palestinians decided reflected both the sentiment among the Palestinian’s automatic majority in the UN, and was indicative of one of the problems Israel faced in trying to move forward with the Palestinians.

If the Palestinians get the sense that the world will support whatever they put forward, then why should they negotiate with Israel? one official asked.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sat 17 Sep 2011, 5:35 pm

Worst Year For Natural Disasters In U.S. History

http://theeconomiccollapseblog.com


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There has been a natural disaster that has caused at least a billion dollars of damage inside the United States every single month so far this year.

According to the National Oceanic and Atmospheric Administration, there have been 10 major disasters in the United States this year. On average, usually there are only about 3 major disasters a year. At this point, disasters are happening inside the United States so frequently that there seems to be no gap between them.

We just seem to go from one major disaster to the next. Last year, FEMA declared an all-time record of 81 disasters inside the United States. This year, we are on pace for well over 100. We just got done dealing with Hurricane Irene, and now we are dealing with historic wildfires in Texas and unprecedented flooding up in the northeast part of the country.

This has been the worst year for natural disasters in U.S. history, and we still have nearly four months left to go. Hopefully after everything that has happened this year it has become abundantly clear to all of us why we need to prepare for emergencies. The world is becoming an increasingly unstable place, and you never know what is going to happen next.

Thankfully, the U.S. has not experienced a disaster on the level of Hurricane Katrina so far this year, but what makes this year different is that we have never seen so many major disasters happen so rapidly.

Since the beginning of the year we have had to deal with record-setting winter storms, nightmarish tornadoes, "once in a century" earthquakes, historic flooding all over the country, severe drought and some of the worst wildfires the U.S. has ever experienced.

Is there a reason why the United States is being hit by major disaster after major disaster or is all of this just a really unfortunate coincidence? The following are just a few of the nightmarish natural disasters that the U.S. has had to deal with so far this year.....

Texas Wildfires

At this point, the state of Texas has been on fire for nearly 300 consecutive days. This has been the worst wildfire season that Texas has ever experienced.

So far, an astounding 3.6 million acres has been burned. Vast stretches of Texas have been transformed into desolate wastelands.

Over the past week alone, the Texas Forest Service has responded to more than 180 new fires. The incredibly dry weather and the scorching temperatures have combined to turn the state of Texas into a tinderbox.

One massive wildfire near Austin, Texas has burned approximately 1,400 homes and continues to spread. The state desperately needs rain and it needs it now.

Historic Drought

Right now, approximately 81 percent of the state of Texas is experiencing "exceptional drought" conditions. Not only has this created an ideal environment for wildfires, it is also absolutely crippling ranchers and farmers.

Farmers in Texas have lost over half of the cotton crop so far. This is likely to cause clothing prices to rise substantially in the months ahead.

Ranchers in Texas have been forced to slaughter huge numbers of cattle because the drought has made it incredibly difficult to feed them. Sadly, the number of U.S. cattle is now down to its lowest level since 1963.

You might want to stock up on beef. In the coming months the price of beef is likely to go significantly higher.

It is hard to describe just how bad things are down in Texas right now. Overall, it is estimated that the drought has caused more than $5 billion in damage to the agricultural industry so far.

But wait, there is more bad news. In fact, if things don't improve soon we could see massive problems with winter wheat. Just check out what an article recently posted on Yahoo news had to say....

The bad news does not stop there. Winter-wheat-planting season runs from September through October and rain is vital to germination. Texas and Oklahoma produce almost a third of winter wheat in the U.S. - the hard wheat used in bread products. This week, Bloomberg financial news quoted wheat economists predicting a 50% jump in winter-wheat prices. If the dearth of rain continues and there is no moisture in the soil to germinate the wheat, prices could climb higher still.

Flooding In The Northeast

We just got done with Hurricane Irene, and now Tropical Storm Lee is dumping huge amounts of rain all over the northeast United States. In fact, there has been so much rain up in Pennsylvania that more than 100,000 people were evacuated from the Wilkes-Barre area on Thursday because of rising waters on the Susquehanna River.

Rivers and creeks all over Pennsylvania, New York and New Jersey are flooding. The region desperately needs a break from rain, but it does not look like that is going to happen quite yet.

The big problem is that many of these areas had already been hit really hard by Hurricane Irene. As a result of Hurricane Irene, millions of people lost power and dozens of people lost their lives. Hurricane Irene caused the worst flooding that Vermont had experienced since 1927, and the total economic damage from Irene could reach as high as $16 billion.

Now there are three more storms in the Atlantic that we will have to keep an eye on. Hopefully Tropical Storm Nate, Tropical Storm Maria and Hurricane Katia will not cause major problems, but with the way this year has been going you never know what is going to happen.

Disturbing Earthquakes

As I have written about previously, the number of major earthquakes around the globe is significantly increasing. Back in 2001, the world had 1361 earthquakes of magnitude-5.0 or greater. This year, we are on pace to have over 2800, which would be the highest number this decade by far.

Just a couple of weeks ago, the U.S. experienced two of the weirdest earthquakes that it has seen in ages. The earthquake in Virginia that made headlines all over the nation is being called a "once a century" earthquake. The east coast very rarely sees anything like this happen.

The earthquake in Virginia was felt all the way down in Georgia and it was felt all the way up in Ottawa, Canada. It was felt as far west as Cleveland, Ohio.

In Washington D.C., the earthquake caused quite a bit of panic. Congressional buildings were evacuated and so was the Pentagon. The earthquake actually cracked the Washington Monument and it also caused significant damage to the U.S. Treasury building.

That exact same day, there was another very "unusual" earthquake in another area of the United States. A magnitude-5.3 earthquake shook the area along the Colorado/New Mexico border. That was the largest earthquake that region had experienced in more than 40 years.

Sadly, it is not just the U.S. that has been hit by significant earthquakes this year. Just check out what a recent article in the Guardian had to say about what has been going on around the globe so far this year....

6.2 or above earthquakes have hit New Zealand, the Philippines, Japan, the Fox Islands, Papua New Guinea, Mexico, Indonesia, Fiji, Thailand, Burma, Vanuatu, Argentina, Chile and Iran in the first six months of 2011.
Tornadoes

With all of the other natural disasters that we have had recently, it is easy to forget that we just went through one of the worst tornado seasons of all time.

In a recent article, I discussed the incredible damage that some of these monstrous tornadoes did....

The United States experienced a truly bizarre tornado season this year. In April, there were approximately 600 tornadoes all across America. That is the most tornadoes that have ever been recorded in a single month inside the United States. Usually, we only have about 1,200 tornadoes for the entire year.

The massive tornado outbreak in the southeast at the end of April is being called the worst natural disaster since Hurricane Katrina. One F5 tornado that ripped through the Tuscaloosa, Alabama region was reportedly a mile wide and some scientists estimated that it had winds that exceeded 260 miles an hour. By the time it passed, Tuscaloosa resembled a war zone.

The tornado that ripped through Joplin, Missouri a few months ago is being called the deadliest single tornado in more than 60 years. It ripped a path of destruction more than a mile wide and more than 6 miles long directly through the city.

Sadly, there were a lot of other major disasters this year that deserve be discussed as well.

For example, I have not even mentioned the nightmarish flooding along the Mississippi and Missouri rivers. River systems all over the central part of the country experienced "hundred year floods" this year.

So why is all of this happening? Is there a reason for all of this chaos, or has it just been one of those years?

Whatever your opinion is, what we all should be able to learn from this year is that it is imperative that we all get prepared ahead of time for emergencies.

Natural disasters can strike at any time. Whether it is a hurricane, a tornado, a flood, an earthquake, a volcano or a wildfire, if you wait until the disaster strikes to prepare then you are going to be too late.

But most natural disasters are only temporary. Even more frightening is what an economic collapse, a war, a deadly plague, a nuclear disaster, an EMP strike or a weapon of mass destruction could mean.

As we have seen during so many disasters in the past, when something really bad happens food and supplies vanish from store shelves almost immediately. If transportation is cut off, you could be on your own for an extended period of time.

Our world is becoming a highly unstable place. If someone had told you all of the crazy things that were going to happen this year, would you have believed them?

It seems like with each passing year things are getting crazier and crazier. Yes, we can all hope that things will return to "normal", but we would be foolish if we also did not take precautions.

As I have written about before, the global economy is starting to collapse, the fabric of society is coming apart and the earth itself seems to be going crazy.

We certainly do live in interesting times. The years ahead promise to be some of the most exciting in human history. But those that are unprepared could end up going through a massive amount of pain.

So please prepare while there is still time. You will not always be able to run out to Wal-Mart and buy up all of the cheap stuff that you need.

Anyone can see the dark storm clouds gathering on the horizon. Very, very difficult times are coming, and you do not want to enter them unprepared.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sat 10 Sep 2011, 4:10 pm

The Next Arab-Israeli War - 9 Fronts?

http://frontpagemag.com/


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The current unrest pursuant to the “Arab Spring” is a mixed blessing for Iran. On one hand, if young Bashir were to fall, Iran will lose its most important ally in the western part of the Arab world. A break with Syria would be a serious defeat for Iran, since it would no longer be able to supply Hezbollah directly, nor would it have direct contact and supervision over its proxy terror armies in Lebanon, the Sinai, and the Gaza Strip. It would also be very bad news for Hezbollah, whose terrorist leaders rely heavily on Iranian supplies, funds, and armaments, all channeled into Lebanon via Syria. Hamas too would suffer from a break in its link with its Iranian godfather.

But on the other hand, Iran is exploiting the great opportunity created by the chaos and upheaval of the “Arab Spring”. Iran does not want to see its foothold in the west undermined by this upheaval, so it has helped Bashir in his use of extreme force; and it has also begun to manipulate the “Arab Spring” violence and unrest to its advantage.

To gain maximum benefit from the situation in Egypt and to turn the world’s attention from Syria, Iran has activated two of its proxies, Hamas and Islamic Jihad, to renew attacks on Israel: blowing up the natural gas pipeline from the northern Sinai to Israel, firing scores of rockets into Israeli towns and villages near the Gaza Strip, most recently launching three brutal attacks on civilians near Eilat, and more in the offing. Igniting a new war between Israel and Egypt, or at least precipitating a crescendo in the incendiary calls for war from the Egyptian populous and neighboring Arab states, would be a marvelous win-win for Iran and for the Muslim Brotherhood (MB), the best organized and most popular of the political groups contending for power in post-Mubarak Egypt.

If Israel’s response to the attacks from the Gaza Strip and Sinai were to trigger a war with Egypt, Israel is likely to win; but the turmoil and upheaval in the wake of that war would weaken the Egyptian generals currently ruling Egypt with a temporary de facto mandate. Once shamed in defeat, they would lose credibility and popularity (there already have been protests against their continued rule and postponed elections). This scenario would create the perfect storm into which the MB could sail to political control. If, despite the attacks, Israel shows restraint, the MB can still shame the generals for not confronting Israel, and then either provoke a war or use the failure of the generals to confront Israel as a way to shame and weaken them and pave the way for the MB’s own rise to power.

Better yet, if Iran, through its proxies, could spark a war with Israel, and the other forces confronting Israel were to join in, Israel would be fighting on many fronts at once. In that case, the likelihood of Israel’s victory is in question.

The current unrest pursuant to the “Arab Spring” is a mixed blessing for Iran. On one hand, if young Bashir were to fall, Iran will lose its most important ally in the western part of the Arab world. A break with Syria would be a serious defeat for Iran, since it would no longer be able to supply Hezbollah directly, nor would it have direct contact and supervision over its proxy terror armies in Lebanon, the Sinai, and the Gaza Strip. It would also be very bad news for Hezbollah, whose terrorist leaders rely heavily on Iranian supplies, funds, and armaments, all channeled into Lebanon via Syria. Hamas too would suffer from a break in its link with its Iranian godfather.

But on the other hand, Iran is exploiting the great opportunity created by the chaos and upheaval of the “Arab Spring”. Iran does not want to see its foothold in the west undermined by this upheaval, so it has helped Bashir in his use of extreme force; and it has also begun to manipulate the “Arab Spring” violence and unrest to its advantage.

To gain maximum benefit from the situation in Egypt and to turn the world’s attention from Syria, Iran has activated two of its proxies, Hamas and Islamic Jihad, to renew attacks on Israel: blowing up the natural gas pipeline from the northern Sinai to Israel, firing scores of rockets into Israeli towns and villages near the Gaza Strip, most recently launching three brutal attacks on civilians near Eilat, and more in the offing. Igniting a new war between Israel and Egypt, or at least precipitating a crescendo in the incendiary calls for war from the Egyptian populous and neighboring Arab states, would be a marvelous win-win for Iran and for the Muslim Brotherhood (MB), the best organized and most popular of the political groups contending for power in post-Mubarak Egypt.

If Israel’s response to the attacks from the Gaza Strip and Sinai were to trigger a war with Egypt, Israel is likely to win; but the turmoil and upheaval in the wake of that war would weaken the Egyptian generals currently ruling Egypt with a temporary de facto mandate. Once shamed in defeat, they would lose credibility and popularity (there already have been protests against their continued rule and postponed elections). This scenario would create the perfect storm into which the MB could sail to political control. If, despite the attacks, Israel shows restraint, the MB can still shame the generals for not confronting Israel, and then either provoke a war or use the failure of the generals to confront Israel as a way to shame and weaken them and pave the way for the MB’s own rise to power.

Better yet, if Iran, through its proxies, could spark a war with Israel, and the other forces confronting Israel were to join in, Israel would be fighting on many fronts at once. In that case, the likelihood of Israel’s victory is in question.

Al Qaeda is thoroughly ensconced in the Sinai. Currently Israel and Egypt are said to be in conversation about Egypt’s re-militarizing the Sinai, so perhaps the Egyptian army could be deployed against al-Qaeda and Hamas there. But if the MB succeeds in gaining a position of political strength in Egypt, it is not likely that the Egyptian military will be deployed in the Sinai to drive al-Qaeda out. Quite the opposite, the MB wants a military confrontation with Israel. So it is likely to see al-Qaeda in Sinai as an ally in such a war. And if the MB and al-Qaeda go to war against Israel, then Hamas in the Gaza Strip is sure to follow. Hamas cannot stand idly by while its Egyptian brethren initiate the great final jihad against Israel.

With Egypt, al-Qaeda and Hamas attacking Israel on its southern and western fronts, Iran will want Hezbollah to get in on the action and make use of the thousands of rockets and missiles that it has stockpiled just for this very moment, thus opening a northern front.

Syria may have difficulty deploying a large military force on the Golan front if it must use its military against its civilian demonstrators; but Iran will be in a position to aid Syria in suppressing unrest (probably in a manner similar to what Bashir’s father Hafez el-Assad did in 1982), and young Bashir will want a distraction on the Golan front to turn his citizenry’s attention, and the opprobrium of the world, from his slaughter of unarmed demonstrators. Even if Bashir falls, undesirable for Iran but an eventuality that the Mullahs may be anticipating, a Syrian government run by the MB or other Islamo-fascists of that ilk will be delighted to join Egypt and others in a pincer-movement assault on Israel. So a Syrian Golan front is very likely to open once Israel is at war with Egypt, Hamas, el-Qaeda and Hezbollah.

In the West Bank, Hamas is strong because its extreme Islamo-fascist ideology and commitment to Israel’s annihilation hold the sympathies of many. Fatah and the PLO, the main components of the PA, are condemned in some circles for their collaboration with Israel. The PA will not be able to maintain a position of power if it chooses to sit out a war against Israel; especially since the PA is in stiff competition with Hamas for the hearts and minds of the West Bank electorate, and it looks like entering a shooting war with Israel is a good way to win those hearts and minds. So it is very likely that another intifada could erupt once the southern, western and northern fronts are aflame, probably targeting the Israeli communities scattered throughout Judea and Samaria. Such a terror offensive could cause high numbers of casualties but is not likely to create an existential military threat. However, a West Bank terror war would be a serious distraction for Israel and would reduce Israel’s ability to concentrate its military on the fronts that are existential threats.

And then there are the Arab Israelis. No one knows for sure how many Arab Israelis are active supporters of Hamas et al, but however many there are, they could be mobilized for fifth column terrorism against Israeli military bases, infrastructure, and civilians: another distraction that would sap Israel’s ability to face the greater threats on its borders.

Egypt, al-Qaeda in Sinai, Hamas in the Gaza Strip, Hezbollah in Lebanon, Syria in the Golan, Palestinian terrorist forces in the West Bank, and Arab Israelis in downtown Israel: Seven fronts.

But there’s more!

Jordan sits on a powder keg and the MB is itching to light the fuse. If the MB succeeds in supplanting the Hashemites, there can be little doubt that the newly Islamized Jordan will join the war against Israel, at very least by aiding and abetting the West Bank Arab terrorists, and perhaps by launching their own invasion from the east: front number eight.

Iran is moving ahead with alacrity to achieve WMD capabilities, despite some setbacks engineered by Israel over the past 5 years (Stuxnet being the most recent). Iran already has missiles capable of carrying nuclear payloads to Israel and beyond. West Bank or Israeli Muslims vaporized by Iran’s nuclear attack are not part of the Mullahs’ concerns. Muslim men will be martyrs, united with their celestial virgins (unclear what happens to the women and children), and besides, “Allah knows best who is wounded in His way.”[i] The Arabs of the West Bank and Israel are merely expendable pawns , collateral damage, just part of the price that the Arab world must pay for its final victory over Israel. Syria is a very important part of this equation, because Syria has substantial stockpiles of missiles and chemical warheads which can be deployed against all of Israel at very close range, to augment the internal terrorism from the West Bank and from Arab Israelis, and to mop up whatever of Israel may survive Iran’s nuclear attack.

So Iran is front number nine – and it will be a nuclear front.

In short, Israel is in greater danger now than it has ever been, even more so than during its 1948 war of survival.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sat 10 Sep 2011, 3:49 pm

IDF general: Likelihood of regional war growing

http://www.ynetnews.com/


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Recent revolutions in the Arab world and the deteriorating ties with Turkey are raising the likelihood of a regional war in the Middle East, IDF Home Front Command Chief, Major General Eyal Eisenberg warned Monday.

"It looks like the Arab Spring, but it can also be a radical Islamic winter," he said in a speech at the Institute for National Security Studies in Tel Aviv.

"This leads us to the conclusion that through a long-term process, the likelihood of an all-out war is increasingly growing," the IDF general said.

"Iran has not abandoned its nuclear program. The opposite it true; it continues full steam ahead," he said. "In Egypt, the army is collapsing under the burden of regular security operations, and this is reflected in the loss of control in the Sinai and the turning of the border with Israel into a terror border, with the possibility that Sinai will fall under the control of an Islamic entity."

"In Lebanon, Hezbollah is growing stronger within government arms, but it has not lost its desire to harm Israel, and the ties with Turkey aren't at their best," Major General Eisenberg added.

Weapons of mass destruction?

Referring to what he characterized as the possibility of a "radical Islamic winter," Major-General Eisenberg said: "This raises the likelihood of an all-out, total war, with the possibility of weapons of mass destruction being used."

During his address, the senior IDF official revealed that new, more lethal arms surfaced in the hands of Gaza terror groups during the latest round of fighting in the area. As result of the disturbing development, Israeli civilians were instructed to adopt greater precautions, he said.

"We discovered a new weapon, and as result of this we instructed the public to hide under two roofs, rather than only one," he said.

Eisenberg added that some 25% of local authorities in Israel are ill prepared to face emergency situations.

However, Major General Eisenberg's words infuriated some security and defense officials, who slammed the senior IDF officer for revealing classified information and provoking regional tensions.

"It's unclear why an IDF general heats up tensions in the region and why he exposes secret intelligence information about new Palestinian capabilities," one official said.

Notably, Eisenberg's remarks were approved for publication by censorship officials.
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Re: PROPHESY NEWS WATCH

Post  Admin on Sun 04 Sep 2011, 10:10 am

25 Signs That The Financial World Is About To Hit The Big Red Panic Button

http://theeconomiccollapseblog.com


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Most of the worst financial panics in history have happened in the fall. Just recall what happened in 1929, 1987 and 2008. Well, September 2011 is about to begin and there are all kinds of signs that the financial world is about to hit the big red panic button. Wave after wave of bad economic news has come out of the United States recently, and Europe is embroiled in an absolutely unprecedented debt crisis.

At this point there is a very real possibility that the euro may not even survive. So what is causing all of this?

Well, over the last couple of decades a gigantic debt bubble has fueled a tremendous amount of "fake prosperity" in the western world. But for a debt bubble to keep going, the total amount of debt has to keep expanding at an ever increasing pace. Unfortunately for the global economy, sources of credit are starting to dry up.

That is why you hear terms like "credit crisis" and "credit crunch" thrown around so much these days. Without enough credit to feed the monster, the debt bubble is going to burst. At this point, virtually the entire global economy runs on credit, so when this debt bubble bursts things could get really, really messy.

Nations and financial institutions would never get into debt trouble if they could always borrow as much money as they wanted at extremely low interest rates. But what has happened is that lending sources are balking at continuing to lend cheap money to nations and financial institutions that are already up to their eyeballs in debt.

For example, the yield on 2 year Greek bonds is now over 40 percent. Investors don't trust the Greek government and they are demanding a huge return in order to lend them more money.

Throughout the financial world right now there is a lot of fear. Lending conditions have gotten very tight. Financial institutions are not eager to lend money to each other or to anyone else. This "credit crunch" is going to slow down the economy. Just remember what happened back in 2008. When easy credit stops flowing, the dominoes can start falling very quickly.

Sadly, this is a cycle that can feed into itself. When credit is tight, the economy slows down and more businesses fail. That causes financial institutions to want to tighten up things even more in order to avoid the "bad credit risks". Less economic activity means less tax revenue for governments. Less tax revenue means larger budget deficits and increased borrowing by governments. But when government debt gets really high that can cause huge economic problems like we are witnessing in Greece right now. The cycle of tighter credit and a slowing economy can go on and on and on.

I spend a lot of time talking about problems with the U.S. economy, but the truth is that the rest of the world is dealing with massive problems as well right now. As bad as things are in the U.S., the reality is that Europe looks like it may be "ground zero" for the next great financial crisis.

At this point the EU essentially has three choices. It can choose much deeper economic integration (which would mean a huge loss of sovereignty), it can choose to keep the status quo going for as long as possible by providing the PIIGS with gigantic bailouts, or it can choose to end of the euro and return to individual national currencies.

Any of those choices would be very messy. At this point there is not much political will for much deeper economic integration, so the last two alternatives appear increasingly likely.

In any event, global financial markets are paralyzed by fear right now. Nobody knows what is going to happen next, but many now fear that whatever does come next will not be good.

The following are 25 signs that the financial world is about to hit the big red panic button....

#1 According to a new study just released by Merrill Lynch, the U.S. economy has an 80% chance of going into another recession.

#2 Will Bank of America be the next Lehman Brothers? Shares of Bank of America have fallen more than 40% over the past couple of months. Even though Warren Buffet recently stepped in with 5 billion dollars, the reality is that the problems for Bank of America are far from over. In fact, one analyst is projecting that Bank of America is going to need to raise 40 or 50 billion dollars in new capital.

#3 European bank stocks have gotten absolutely hammered in recent weeks.

#4 So far, major international banks have announced layoffs of more than 60,000 workers, and more layoff announcements are expected this fall. A recent article in the New York Times detailed some of the carnage....

A new wave of layoffs is emblematic of this shift as nearly every major bank undertakes a cost-cutting initiative, some with names like Project Compass. UBS has announced 3,500 layoffs, 5 percent of its staff, and Citigroup is quietly cutting dozens of traders. Bank of America could cut as many as 10,000 jobs, or 3.5 percent of its work force. ABN Amro, Barclays, Bank of New York Mellon, Credit Suisse, Goldman Sachs, HSBC, Lloyds, State Street and Wells Fargo have in recent months all announced plans to cut jobs — tens of thousands all told.

#5 Credit markets are really drying up. Do you remember what happened in 2008 when that happened? Many are now warning that we are getting very close to a repeat of that.

#6 The Conference Board has announced that the U.S. Consumer Confidence Index fell from 59.2 in July to 44.5 in August. That is the lowest reading that we have seen since the last recession ended.

#7 The University of Michigan Consumer Sentiment Index has fallen by almost 20 points over the last three months. This index is now the lowest it has been in 30 years.

#8 The Philadelphia Fed's latest survey of regional manufacturing activity was absolutely nightmarish....

The survey’s broadest measure of manufacturing conditions, the diffusion index of current activity, decreased from a slightly positive reading of 3.2 in July to -30.7 in August. The index is now at its lowest level since March 2009

#9 According to Bloomberg, since World War II almost every time that the year over year change in real GDP has fallen below 2% the U.S. economy has fallen into a recession....

Since 1948, every time the four-quarter change has fallen below 2 percent, the economy has entered a recession. It’s hard to argue against an indicator with such a long history of accuracy.

#10 Economic sentiment is falling in Europe as well. The following is from a recent Reuters article....

A monthly European Commission survey showed economic sentiment in the 17 countries using the euro, a good indication of future economic activity, fell to 98.3 in August from a revised 103 in July with optimism declining in all sectors.

#11 The yield on 2 year Greek bonds is now an astronomical 42.47%.

#12 As I wrote about recently, the European Central Bank has stepped into the marketplace and is buying up huge amounts of sovereign debt from troubled nations such as Greece, Portugal, Spain and Italy. As a result, the ECB is also massively overleveraged at this point.

#13 Most of the major banks in Europe are also leveraged to the hilt and have tremendous exposure to European sovereign debt.

#14 Political wrangling in Europe is threatening to unravel the Greek bailout package. In a recent article, Satyajit Das described what has been going on behind the scenes in the EU....

The sticking point is a demand for collateral for the second bailout package. Finland demanded and got Euro 500 million in cash as security against their Euro 1,400 million share of the second bailout package. Hearing of the ill-advised side deal between Greece and Finland, Austria, the Netherlands and Slovakia also are now demanding collateral, arguing that their banks were less exposed to Greece than their counterparts in Germany and France entitling them to special treatment. At least, one German parliamentarian has also asked the logical question, why Germany is not receiving similar collateral.

#15 German Chancellor Angela Merkel is trying to hold the Greek bailout deal together, but a wave of anti-bailout "hysteria" is sweeping Germany, and now according to Ambrose Evans-Pritchard it looks like Merkel may not have enough votes to approve the latest bailout package....

German media reported that the latest tally of votes in the Bundestag shows that 23 members from Mrs Merkel's own coalition plan to vote against the package, including twelve of the 44 members of Bavaria's Social Christians (CSU). This may force the Chancellor to rely on opposition votes, risking a government collapse.
#16 Polish finance minister Jacek Rostowski is warning that the status quo in Europe will lead to "collapse". According to Rostowski, if the EU does not choose the path of much deeper economic integration the eurozone simply is not going to survive much longer....

"The choice is: much deeper macroeconomic integration in the eurozone or its collapse. There is no third way."

#17 German voters are against the introduction of "Eurobonds" by about a 5 to 1 margin, so deeper economic integration in Europe does not look real promising at this point.

#18 If something goes wrong with the Greek bailout, Greece is financially doomed. Just consider the following excerpt from a recent article by Puru Saxena....

In Greece, government debt now represents almost 160% of GDP and the average yield on Greek debt is around 15%. Thus, if Greece’s debt is rolled over without restructuring, its interest costs alone will amount to approximately 24% of GDP. In other words, if debt pardoning does not occur, nearly a quarter of Greece’s economic output will be gobbled up by interest repayments!

#19 The global banking system has a total of 2 trillion dollars of exposure to Greek, Irish, Portuguese, Spanish and Italian debt. Considering how much the global banking system is leveraged, this amount of exposure could end up wiping out a lot of major financial institutions.

#20 The head of the IMF, Christine Largarde, recently warned that European banks are in need of "urgent recapitalization".

#21 Once the European crisis unravels, things could move very rapidly downhill. In a recent article, John Mauldin put it this way....

It is only a matter of time until Europe has a true crisis, which will happen faster – BANG! – than any of us can now imagine. Think Lehman on steroids. The U.S. gave Europe our subprime woes. Europe gets to repay the favor with an even more severe banking crisis that, given that the U.S. is at best at stall speed, will tip us into a long and serious recession. Stay tuned.

#22 The U.S. housing market is still a complete and total mess. According to a recently released report, U.S. home prices fell 5.9% in the second quarter compared to a year earlier. That was the biggest decline that we have seen since 2009. But even with lower prices very few people are buying. According to the National Association of Realtors, sales of previously owned homes dropped 3.5 percent during July. That was the third decline in the last four months. Sales of previously owned homes are even lagging behind last year's pathetic pace.

#23 According to John Lohman, the decline in U.S. economic data over the past three months has been absolutely unprecedented.

#24 Morgan Stanley now says that the U.S. and Europe are "hovering dangerously close to a recession" and that there is a good chance we could enter one at some point in the next 6 to 12 months.

#25 Minneapolis Fed President Narayana Kocherlakota says that he is so alarmed about the state of the economy that he may drop his opposition to more monetary easing. Could more quantitative easing by the Federal Reserve soon be on the way?

Things have not looked this bad for global financial markets since 2008. Unless someone rides in on a white horse with trillions of dollars (or euros) of easy credit, it looks like we are headed for a massive credit crunch.

What we witnessed back in 2008 was absolutely horrifying. Very few people want to see a repeat of that. But as things in the U.S. and Europe continue to unravel, it appears increasingly likely that the next wave of the financial crisis could hit us sooner rather than later.

None of the fundamental problems that caused the crisis of 2008 have been fixed. The world financial system is still one gigantic mountain of debt, leverage and risk.

Authorities around the globe will certainly do all they can to keep things stable, but in the end it is inevitable that the house of cards is going to come crashing down.

Let us hope for the best, but let us also prepare for the worst.
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