Tuesday, October 21, 2008

Iran & the Bomb....Sooner Than We Think?





With Senator Biden's latest gaff (truthfully spoken, but it's the last thing the Obama campaign wanted him to make public) is that a major international crises will incur within the first six months of Barack Obama's presidency. Is it any wonder, knowing that Biden has full access to military and foreign intelligence, that he would predict such a thing when Iran seems to be on the verge of finalizing the development of a nuclear weapon? Hmmm .... I don't know what gives me more alarm, Iran with a Nuke, or Barack Obama calling Hillary at 3:00 in the morning asking her what he needs to do!

The last thing I want to do as a follower of the AUTHENTIC MESSIAH is to become alarmist. God has this thing all under his control. However, I will predict something: (No stoning if I'm wrong.) I believe that if Obama wins in two weeks, George W. Bush will act...not for his legacy...not to leave Obama a mess....but in the interest of the United States and Israel. I believe he will attack Iran in an attempt to stop said development. It may slow them down, but it will not work. However, if John McCain is elected on November 4th, Bush will leave it to him to deal with. Why? He knows John has the right vision and chutzpah to do the right thing.

Read the following from the DEBKA Files...formulate your own thoughts. Let me know what you think by clicking the comment line. Remember, God is good and Jesus is coming soon!
Pastor Jim

US intelligence: Iran will be able to build first nuclear bomb by February 2009
DEBKAfile Exclusive Report

October 21, 2008, 8:46 PM (GMT+02:00)

US intelligence’s amended estimate, that Iran will be ready to build its first bomb just one month after the next US president is sworn in, is disclosed by DEBKAfile’s Washington sources as having been relayed as a guideline to the Middle East teams of both presidential candidates, Senators John McCain and Barack Obama.

The information prompted the assertion by Democratic vice presidential nominee Joseph Biden in Seattle Sunday, Oct. 19: “It will not be six months before the world tests Barack Obama like they did John Kennedy.”

McCain retorted Tuesday, Oct. 21: “America does not need a president that needs to be tested. I’ve been tested. I was aboard the Enterprise off the coast of Cuba. I’ve been there.”)

DEBKAfile’s military sources cite the new US timeline: By late January, 2009, Iran will have accumulated enough low-grade enriched uranium (up to 5%) for its “break-out” to weapons grade (90%) material within a short time. For this, the Iranians have achieved the necessary technology. In February, they can move on to start building their first nuclear bomb.

US intelligence believes Tehran has the personnel, plans and diagrams for a bomb and has been running experiments to this end for the past two years. The UN International Atomic Energy Agency in Vienna last week asked Tehran to clarify recent complex experiments they conducted in detonating nuclear materials for a weapon, but received no answer.

The same US evaluation adds that the Iranian leadership is holding off its go-ahead to start building the bomb until the last minute so as to ward off international pressure to stop at the red line.

This development together with the galloping global economic crisis will force the incoming US president to go straight into decision-making without pause on Day One in the Oval Office. He will have to determine which urgent measures can serve best for keeping a nuclear bomb out of the Islamic republic’s hands - diplomatic or military – and how to proceed if those measures fail.

His knowledge of the challenge colored Sen. Biden’s additional words in Seattle: “Remember I said it standing here if you don’t remember anything else I said. Watch, we’re gonna have an international crisis, a generated crisis, to test the mettle of this guy.”

Israel’s political and military leaders also face a tough dilemma that can no longer be put off of whether to strike Iran’s nuclear installations militarily in the next three months between US presidencies before the last window closes, or take a chance on coordination with the next president.

Waiting for the “international community” to do the job of stopping Iran, as urged by governments headed by Ariel Sharon and Ehud Olmert - and strongly advocated Tzipi Livni, foreign minister and would-be prime minister - has been a washout. Iran stands defiantly on the threshold of a nuclear weapon.

Monday, October 20, 2008

World Financial Crisis Needs A Messiah



President Bush hosted the G-7 summit and held private talks with French President Sarkozy in and attempt to get a handle on the Global Financial Crisis. His attempts to restore confidence in the markets by speaking to the American public have fallen on deaf ears. Actually, no one is listening. Not only is the President a lame duck, he is now without any influence in the USA whatsoever. Therefore, he has turned to the European Union and is moving toward a mentality of globalization.
That is eyeopening for anyone paying attention. Take the time to read below, then keep your eyes open for a special 'guru' to service, one who will initiate a cure for the world's financial ills. I suggest you keep and I out on Mr. Sarkozy.

Rescue the Old World Financial Order or Build a New One

DEBKAfile Special Analysis

October 11, 2008


This weekend sees make-or-break efforts by Western finance ministers and international financial institutions to produce a plan that will drag their economies back into equilibrium before the world’s markets open Monday, Oct. 13. They are working to the dread drumbeats of turmoil, panicky investors and looming recession, which some economists predict will be more disastrous than the 1930s slump which led to World War II.

Two major rescue plans for the banking and financial systems by the US and UK have fallen short of luring fleeing investors back to the markets. In seven black days, crashing global indexes led by Wall Street - which tumbled 18 percent and London by 21 percent - followed by Asia, wiped $4.5 trillion off share values world wide. In the UK, it was calculated that one person goes bankrupt every five minutes. Iceland’s entire economy is bankrupt.

The plan on the G7’s table is essentially to partially nationalize almost half of the Western banking system by buying up stakes in troubled banks or shoring up the banking system as a whole.

In their statement Saturday, the G7 said that they were working on a rescue package tailored for each country within a common framework that would include recapitalizing banks, ensuring strong deposit insurance to protect savers and restarting frozen credit and mortgage markets.

Many leading Western economists strongly doubt that these measures will do the trick. DEBKAfile’s sources note that what the Americans and British have been aiming for until now is to restore investor confidence in the existing financial system by increasing credit, the lifeblood of economies based on the free market.

But matters have gone too far for what is essentially a patching up job. The upheavals of the last two weeks have demonstrated that the entire system is discredited. Trust has been suspended not only in the financial system but in the ability of political leaders to come up with solutions to protect the individual investor and taxpayer.

The partial nationalization of banks in the US and Europe breaks with the rules of the free market, of which the United States is the global epitome - a major factor in its superpower status. While Asia has prospered by embracing free-market practices, resentment is deepening over its shortcomings for which the US is blamed.

The Columbia University Nobel-prize winning economist, Prof. Joseph Stiglitz told the Washington Post : “People around the world once admired us for our economy and we told them if you want to be like us, here’s what you have to do – hand over power to the market. The point now is that no one has respect for that kind of model anymore given this crisis."

And of course it raises questions about our credibility. Everyone feels they are suffering because of us.”

The only Western leader to address this problem head-on was Italian prime minister Silvio Berlusconi. At a government session in Rome, Oct. 10, he revealed: “The idea of suspending the markets for the time it takes to rewrite new rules is being discussed.” Berlusconi added: “They can’t just be for one country, or even just for Europe, but global.”

This remark was quickly retracted after a phone call from the White House in Washington, according to our sources, because it opens up the even more problematic question of who is competent to lead the rewriting of the rules. However, the IMF, high priest of the gospel that the market knows best, has already turned around and is calling for more international regulation and oversight on global finance, a further retreat from its basic tenets.

The looming leadership vacuum is fueling financial fears. The US president George W. Bush’s presidency ends in January, Canada faces an election next week, Japan is on its third prime minister in a year; Britain’s Gordon Brown is fighting sliding opinion polls.

Who will therefore lead the transition to a different, or even amended, world financial order? And how credible would a G7 or EU consensus be, given that so many major economic powers including China, Russia, India and Brazil, were excluded from their counsels?

Space Invaders