World Events and the Bible

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

Date: August 28, 2015 (page 1 of 2)

Financial Times Calls For Abolishing Cash

WEB Notes: This is not the first call nor the last. Notice all of the e-currencies coming out and the e-ways to pay for things. There is now the ability to pay for items with your smart phone.

Source: Infowars | The Financial Times has published an anonymous article which calls for the abolition of cash in order to give central banks and governments more power.

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Pentagon to lift ban on transgender troops in May

WEB Notes: This is no surprise, we all know what the Supreme Court did and you do think our Father approves of this? Of course not.

Source: The Hill | The Pentagon will end a ban on transgender troops on May 27, according to a draft memo obtained by USA Today.

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Almost 200 Retired Generals, Admirals Tell Congress: Vote Down the Iran Deal

Nearly 200 retired U.S. military generals and admirals sent a letter to Congressional leaders Wednesday, asking them to vote down the Iran nuclear deal.According to The Washington Post, which obtained a copy of the letter, many of the signees have worked in the White House going back three decades.

Source: Almost 200 Retired Generals, Admirals Tell Congress: Vote Down the Iran Deal

ISIS Overruns Villages Near Turkey Border, Threatens Key City

WEB Notes: Let me ask the obvious. If the media is reporting this then obviously the military knows where ISIS is. So why are they not being bombed or droned? It’s quite simple, you do not attack those who are on your side.

Source: NBC | ISIS militants have overrun a handful of Syrian villages near the border with Turkey and threatened to drive U.S-backed rebels out of a key nearby city, activists and a rebel commander said on Thursday.

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The Only Thing That Was Preventing A Rate Hike, Just Flashed A Rate Hike “Green Light”

WEB Notes: Just a note on the markets. It dropped about 2000-2300 points or so overall and the last two days the market has recovered about 1000 points. You can do the rest of the math. The only problem is none of the economic blocks that whole up this mess have improved. Nothing has changed for the better, this is all based on emotion. Get your popcorn and enjoy the ride.

Source: Zerohedge | Overnight, UBS’ Drew Matus – who still expects a September rate hike – writes that while “domestic momentum seems strong enough to support the beginnings of policy normalization with a rate hike in September” and that “the FOMC’s central tendency projections for domestic activity are generally being met”, cautions that “foreign strains and their spillover into financial markets have lessened the likelihood of that hike.”

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The Great Unwind, China Begins Dumping Treasuries | Zero Hedge

As the situation in China continues to move into the realm of a full-blown crisis, you have to wonder how much more of their massive stockpile of treasuries are they willing to dump on the market?

Source: The Great Unwind, China Begins Dumping Treasuries | Zero Hedge

Brazil Economy Shrinks More Than Forecast on Tighter Money – Bloomberg Business

Brazil’s economy contracted more than analysts forecast in the second quarter, as tighter monetary policy and faster inflation torpedoed confidence and caused activity to nosedive.

Source: Brazil Economy Shrinks More Than Forecast on Tighter Money – Bloomberg Business

Consumer Spending in U.S. Rose in July as Wages Picked Up – Bloomberg Business

WEB Notes: And now a word from the mainstream… About the only thing I see picking up is building construction. I believe this is due to the low interest rates that make it a good idea to build or buy if you intend to borrow money. But will the business succeed with 95 million + not working in this nation?…

Consumer purchases climbed in July as incomes grew, showing the biggest part of the U.S. economy was off to a good start to the quarter.

Source: Consumer Spending in U.S. Rose in July as Wages Picked Up – Bloomberg Business

Total War in Yemen Totally Ignored by Western Media

Source: Black Listed News | With almost a whimper, the Western media reported that the US-backed regimes of Saudi Arabia, the United Arab Emirates (UAE), and their auxiliary fighters drawn from Al Qaeda have begun carrying out what is the ground invasion of Yemen. Along with an ongoing naval blockade and months of bombing raids, the ground invasion adds a lethal new dimension to the conflict – for both sides.

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It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington

WEB Notes: This is a big deal. At one point in time the nations of the world needed to hold more treasuries so the US could print more dollars. That was standard practice until the 2008 financial crisis. Nevertheless, if China continues this sell off it will drop the dollar and cause inflation and other nations are not going to stand buy and watch their treasuries become worthless so they may flood the market as well. We have a lot going on right now. Meanwhile,  in the commodities market we are seeing deflation.

Source: ZeroHedge | On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast stack of US paper. Back in July for instance, we noted that China had dumped a record $143 billion in US Treasurys in three months via Belgium, leaving Goldman speechless for once.

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NATO stages huge airborne drill in Europe, says ‘acting in purely defensive manner’

Video, Source: RT | The largest NATO airborne drills in Europe since the end of the Cold War aim to reassure allies against external aggression threat, American generals said, adding that paratroopers landing in Germany are acting in a “purely defensive” manner.

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Mass visa checks in Australia streets canceled after public outcry

WEB Notes: Are your papers in order? How familiar does that sound? Of course this whole thing was to catch the illegal immigrants and that is why the border farce officer said, “speaking with any individual we cross paths with.” Now that exactly would not be cracking down on illegal immigrants would they. You can tell what the local and indigenous peoples looks like compared to everyone else. Aside from that there is no reason to do this. They know who is illegal and not overall. My guess is that it is much like this country, they cut free welfare checks out.

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