World Events and the Bible

A site dedicated to World Events and Study of the Bible.

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Currency Wars…

We’ve had virtually no discussion about this topic. Yet, it’s extremely important for the next phase we are headed in. One effect of currency wars is when other nations revalue their currency in order to give them an advantage on the global playing field.Venezuela just did that.

Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%
http://www.zerohedge.com/print/469469

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Mass. Declares State of Emergency, Bans Travel after 4:00 p.m.

BOSTON (WGGB/AP) — Massachusetts Gov. Deval Patrick has declared a state of emergency and banned travel on roads as of 4 p.m. as a blizzard that could bring nearly 3 feet of snow to the region began to intensify.

Patrick said as the storm gains strength it will bring “extremely dangerous conditions” with bands of snow dropping up to two to three inches per hour at the height of the blizzard, prompting whiteout conditions.

Patrick said the travel ban will apply statewide and bans all motor vehicle traffic on all state roads until the ban is lifted. The ban doesn’t apply to public safety workers and utility workers, or employees of other public and private sectors that provide critical services, like health care, hospitals, and fuel.

The Mass. Emergency Management Agency provides this explanation of the exceptions:

“There are exceptions for public safety vehicles and public safety workers, including contract personnel; public works vehicles and public works workers, including contract personnel; government officials conducting official business; utility company vehicles and utility workers; healthcare workers who must travel to and from work in order to provide essential health services; news media; travel necessary to maintain and deliver critical private sector services such as energy, fuel supplies and delivery, financial systems and the delivery of critical commodities; travel to support business operations that provide critical services to the public, including gasoline stations, food stores and hardware stores.”

With the ban, the Governor wants to “emphasize how critical it is that non-essential travel cease.”

The penalty during a State of Emergency, under the Civil Defense Act, is punishable by up to a $500 fine and/or one year in jail.

Richard Davey, secretary of transporation, says that the toll-takers on the Mass. Pike are being sent home at 2:00 p.m. He also says that 1,600 pieces of equipment ready to clear the state’s roadways, and he says that number will reach about 4,000.

One thousand National Guard members have already been mobilized, and Patrick expects that number to climb to about 5,000 as the storm continues to churn over the region.

Secretary of Energy and Environmental Affairs Richard Sullivan says that his agency has been in constant contact with utility crews and that many of them are beginning to implement their storm response plans, which were required to be filed with the state 72 hours ahead of a storm’s arrival. – WGGB

WEB Notes: Your rights as an American citizen are diminishing each and everyday. It should be travel at your own risk, not a travel ban. More of the clamp down we are witnessing.

 

Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%

While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while naming said devaluation assorted names, “quantitative easing” being the most popular, here comes Venezuela and shows the banana republics of the developed world what lobbing a nuclear bomb into a currency war knife fight looks like:

•VENEZUELA DEVALUES FROM 4.30 TO 6.30 BOLIVARS

•VENEZUELA NEW CURRENCY BODY TO MANAGE DOLLAR INFLOWS

•CARACAS CONSUMER PRICES ROSE 3.3% IN JAN.

And that, ladies and gents of Caracas, is how you just lost 46% of your purchasing power, unless of course your fiat was in gold and silver, which just jumped by about 46%. And, in case there is confusion, this is in process, and coming soon to every “developed world” banana republic near you. And just as we (and Kyle Bass) have warned – this is what happens to the nominal price of a stock market as currency wars escalate… how do those US investors who flooded Venezuela with cash feel now? bringing back those VEF gains is going to hurt… – ZeroHedge

What is the Meaning of Life?

What is the Meaning of Life? - Jesus with Footprints in the Sand

By: Brandon Ward
 
What is the meaning of life? That is a question that has left mankind scratching their heads since the dawn of time. Where do we search to find the answer to that question? God’s Word. If you are not a Christian I would ask you to consider following along in this quick study… Let’s get started.

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Ali Khamenei shuts door on direct nuclear talks with US

Iran’s supreme leader Ayatollah Ali Khamenei turned down the US offer of one-on-one talks on its nuclear program Thursday, Feb. 7, just 24 hours after US Defense Secretary Leon Panetta announced that due to budgetary constraints, the US could only keep one, not two, US aircraft carrier strike groups in the Persian Gulf, and had cancelled the departure of a second carrier, the USS Harry S. Truman.

The ayatollah in a speech posted on his web site accused the US of proposing talks while “pointing a gun at Iran.”

On Saturday, US Vice-President Joe Biden suggested direct talks – separate from the wider international discussions scheduled for Feb. 26 in Kazakhstan between the five permanent members of the UN Security Council plus Germany. No previous negotiations in this format over the years have ever produced a breakthrough.

Biden said Washington was prepared for direct talks with Iran “when the Iranian leadership, supreme leader, is serious”. “That offer stands,” he said later, “but it must be real and tangible and there has to be an agenda that they are prepared to speak to. We are not just prepared to do it for the exercise,” he said.

But the ayatollah said such negotiations “would solve nothing.” He added: “You are holding a gun against Iran saying you want to talk. The Iranian nation will not be frightened by threats.”

Wednesday, the US widened sanctions on Iran for tightening the squeeze on Tehran’s ability to spend oil cash.

The cancellation of the Harry Truman’s departure for the Gulf leaves a single US aircraft carrier in the vast naval region of the Persian Gulf, Mediterranean and southern part of the Indian Ocean bordering on Africa, debkafile’s military sources report, and no US fleet presence opposite Syria.

Khamenei’s rejection of Washington’s latest offer of direct talks followed the new US ban imposed Wednesday on the transfer of revenues from Iranian oil exports to its coffers. The money will henceforth be available only for the purchase of goods in the countries of destination for Iranian oil.

Senior American officials said that this sanction would significantly restrict Iran’s freedom to use its oil income at will.

Khamenei did not say so specifically, but his rejection of dialogue with Washington was undoubtedly influenced by President Barack Obama’s forthcoming visit to Israel. By the metaphor of “holding a gun against Iran,” the Iranian leader was not just reacting to the new sanctions; he was also hitting back at the White House announcement’s stress that the president’s talks with Prime Minister Binyamin Netanyahu would focus on Iran and Syria – as debkafile reported Wednesday.

The expectation is that Obama and Netanyahu will confer on the military option both governments have reserved for dealing with Iran’s nuclear program.

Khamenei’s rejection of face-to-face talks does not cancel the international negotiations scheduled to take place in Kazakhstan. It does, however, render them more pointless than ever. – Debka

Currency Wars Return, 1930s Style: Who Will Lose Out?

As countries try to weaken their currencies to boost exports, the risk of a currency war similar to events seen in the 1930s has heightened and policymakers are making sure they are on the winning side, according to Morgan Stanley.
The balance of power now rests with Japan, according to the bank, as Japan’s policy-makers’ more dovish approach looks set to bring the world a step closer to a currency war.

The Bank of Japan doubled its inflation target to 2 percent in January and made an open-ended commitment to continue buying assets from next year. This follows a leadership change, with new Prime Minister Shinzo Abe openly calling for aggressive monetary stimulus from the country’s central bank.
This move, Morgan Stanley said, is a “game changer” as Japan tries to invigorate its stagnating economy.

“If a weaker yen is an important pillar of the strategy to make this export-oriented economy more competitive again, it brings into the picture something that was missing from earlier interactions among central banks of the advanced economies – competitive depreciation,” it said in a research note.
“This, in turn, takes us one step closer to a currency war.” – CNBC

WEB Notes: I believe we have been in a currency war since we started QE1. Look at the commodities market over that time for your proof.

Ahmadinejad: Iran already a nuclear state, but has no intention of launching attack on Israel

Iranian president Mahmoud Ahmadinejad says that while Iran is already a nuclear state, it has no intention of attacking Israel. Ahmadinejad was interviewed on the eve of his visit to Cairo, where he will attend the 12th Islamic Summit Conference, due to open there on Wednesday.

To get the latest updates on Israel, Iran and the Middle East, subscribe now to Haaretz for only $1 for the first month

Before his trip, he gave a long interview to the editor-in-chief of Egypt’s newspaper Al-Ahram. Although Al-Ahram ran the entire interview only in its print edition, excerpts appeared on Egyptian websites.

Ahmadinejad said the world must now treat Iran as a nuclear country. “They want Iran to go back to what it was in the past, but they won’t succeed. They assume we’ll give in to pressure; such thoughts are misguided. We’re already an industrial and nuclear country, a country that has conquered space. For years we have been thinking about sending a human being into space, and we will do that, with Allah’s help. We must ensure development and growth and bring them to pass, and the world must acknowledge our progress,” he said, adding that the best solution was cooperation with Iran.

Mentioning the possibility of an Israeli attack on Iran, Ahmadinejad said that while it might be easy to launch missiles or attack using fighter jets, Iran’s response and defense capability were important in this context.

He reiterated that the Zionists were trying to take over the foci of power and wealth throughout the world. “They want to attack Iran, but we’re not preparing any attack against them because the purpose of our program is defense.”

During the interview, Ahmadinejad condemned what he described as massacres committed by Israel. “For us, supporting the Palestinian people is a matter of human importance in every sense. The Palestinians must receive their rights, and the Zionists are moving closer and closer toward the edge.”

He added that his country was opposed to any outside military intervention in Syria, saying that the solution to the crisis there was dialogue between all the Syrian groups. – Haaretz

The Earth is ah Shaken

This event happened 1/31
6.2 magnitude earthquake strikes region of Santa Cruz Islands
http://theextinctionprotocol.wordpress.com/2013/01/31/6-2-magnitude-earthquake-strikes-region-of-santa-cruz-islands/

This event happened just now
8.0 magnitude earthquake shakes Santa Cruz Islands: 5 reportedly killed
http://theextinctionprotocol.wordpress.com/2013/02/06/8-0-magnitude-earthquake-shakes-santa-cruz-islands-wipes-out-three-villages/

Earth reeling from nine major earthquakes, striking in 5 days (NOW 11)
http://theextinctionprotocol.wordpress.com/2013/02/02/earth-reeling-from-eight-major-earthquakes-striking-in-5-days/

WEB Notes: I’m not aware of a Tsunami at this time. Just to mention in passing, Santa Cruz means “Holy Cross”.

Year of the Comet

2013 could be the Year of the Comet. Comet Pan-STARRS is set to become a naked eye object in March, followed by possibly-Great Comet ISON in November. Now we must add to that list green Comet Lemmon (C/2012 F6). “Comet Lemmon is putting on a great show for us down in the southern hemisphere,” reports John Drummond, who sent us a picture from Gisborne, New Zealand: “I took the picture on Jan. 23rd using a 41 cm (16 in) Meade reflector,” says Drummond. “It is a stack of twenty 1 minute exposures.” That much time was required for a good view of the comet’s approximately 7th-magnitude coma (“coma”=cloud of gas surrounding the comet’s nucleus).

Lemmon’s green color comes from the gases that make up its coma. Jets spewing from the comet’s nucleus contain cyanogen (CN: a poisonous gas found in many comets) and diatomic carbon (C2). Both substances glow green when illuminated by sunlight in the near-vacuum of space. Discovered on March 23rd 2012 by the Mount Lemmon survey in Arizona, Comet Lemmon is on an elliptical orbit with a period of almost 11,000 years. This is its first visit to the inner solar system in a very long time. The comet is brightening as it approaches the sun; light curves suggest that it will reach 2nd or 3rd magnitude, similar to the stars in the Big Dipper, in late March when it approaches the sun at about the same distance as Venus (0.7 AU). Northern hemisphere observers will get their first good look at the comet in early April; until then it is a target exclusively for astronomers in the southern hemisphere. – The Extinction Protocol
 

EXCLUSIVE: Justice Department memo reveals legal case for drone strikes on Americans

A confidential Justice Department memo concludes that the U.S. government can order the killing of American citizens if they are believed to be “senior operational leaders” of al-Qaida or “an associated force” — even if there is no intelligence indicating they are engaged in an active plot to attack the U.S.

The 16-page memo, a copy of which was obtained by NBC News, provides new details about the legal reasoning behind one of the Obama administration’s most secretive and controversial polices: its dramatically increased use of drone strikes against al-Qaida suspects, including those aimed at American citizens, such as the  September 2011 strike in Yemen that killed alleged al-Qaida operatives Anwar al-Awlaki and Samir Khan. Both were U.S. citizens who had never been indicted by the U.S. government nor charged with any crimes.

The secrecy surrounding such strikes is fast emerging as a central issue in this week’s hearing of White House counterterrorism adviser John Brennan, a key architect of the drone campaign, to be CIA director.  Brennan was the first administration official to publicly acknowledge drone strikes in a speech last year, calling them “consistent with the inherent right of self-defense.” In a separate talk at the Northwestern University Law School in March, Attorney General Eric Holder specifically endorsed the constitutionality of targeted killings of Americans, saying they could be justified if government officials determine the target poses  “an imminent threat of violent attack.” – NBC News

Argentina freezes prices to break inflation spiral

UENOS AIRES, Argentina — Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation.

The price freeze applies to every product in all of the nation’s largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains. The companies’ trade group, representing 70 percent of the Argentine market, reached the accord with Commerce Secretary Guillermo Moreno, the government’s news agency Telam reported.

The commerce ministry wants consumers to keep receipts and complain to a hotline about any price hikes they see before April 1.

Polls show Argentines worry most about inflation, which private economists estimate could reach 30 percent this year. The government says it’s trying to hold the next union wage hikes to 20 percent, a figure that suggests how little anyone believes the official index that pegs annual inflation at just 10 percent.

The government announced the price freeze on the first business day after the International Monetary Fund formally censured Argentina for putting out inaccurate economic data. The IMF has given Argentina until September to bring its statistics up to international standards, or face expulsion from the world body in November.

President Cristina Fernandez and her economy minister, Hernan Lorenzino, responded over the weekend with a flurry of attacks on the IMF, saying the agency’s data-gathering efforts had lost credibility in the lead-up to Argentina’s historic 2001 debt default. They said IMF advice is leading Europeans astray by favoring big banks over measures that can grow economies out of crisis.
However, Lorenzino also said that the government will begin using a new inflation index starting in fourth-quarter 2013 — just in time for the IMF’s decision. – MyFoxNY.com

WEB Notes: With this new measure shortages will soon follow.

8.5 Million Americans Left Labor Force In Obama’s First Term

The Bureau of Labor Statistics released jobs numbers for January Friday showing that nonfarm payroll employment increased by 157,000 and the unemployment rate rose to 7.9 percent.

Lost in these headline numbers was another rise in the number of people not in the labor force.

This number now stands at a staggering 89 million, up from 80.5 million when President Obama took office.

This means that there are currently 8.5 million more Americans not in the labor force than just four years ago.

Forget all the other numbers.

This continued explosion of people not in the labor force should be tremendously concerning as it represents an obstacle for the government to ever balance the budget without drastically raising taxes on those still working. – NewsBusters

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