Archive for February, 2010

www.the2012warning.com has just learned that the US jobless ranks are growing by leaps and bounds, and the only hope from the government seems to be “Hire them to take the US Census”.  But wait!…  There is no future in that.  What happens then?  The government will brag about the “drop in the unemployment” during the spring while they are taking the census, only delaying the inevitable.    According to this article, over One Million will lose their benefits three days from now (Feb.25,2010).  God help us.

Jobless claims up 12% in past 2 weeks

By Blake Ellis, staff reporterFebruary 25, 2010: 9:59 AM ET

NEW YORK (CNNMoney.com) — The number of Americans filing for initial unemployment insurance surged to just below the 500,000 level last week, and have climbed more than 12% over the past two weeks, the government said Thursday.

There were 496,000 initial job claims filed in the week ended Feb. 20, up 22,000 from a revised 474,000 the previous week, the Labor Department said in a weekly report. The prior week, there were 442,000 claims filed.

A consensus estimate of economists surveyed by Briefing.com expected new claims to fall to 460,000.

The 4-week moving average of initial claims was 473,750, up 6,000 from the previous week’s revised average of 467,750.

“This is certainly not surprising given the very adverse weather conditions for the eastern half of the country, especially in the major population areas,” said Robert Dye, a senior economist at PNC Financial Services. “Weather has a huge impact, particularly with things like construction, which remains very soft.”

Over the past few weeks, the Northeast, particularly the Washington area, has been hit with snow storms, putting people out of work and resulting in a backlog of claims that the Labor Department wasn’t able to process until this week.

Excluding the weather’s impact, Dye would have expected initial claims to decline at “a healthy rate” of 10,000 to 20,000 last week.

Continuing claims: The government said 4,617,000 people filed continuing claims in the week ended Feb. 13, the most recent data available. That’s up 6,000 from the preceding week’s revised 4,611,000 claims.

The 4-week moving average for ongoing claims rose by 4,250 to 4,600,750 from the previous week’s revised 4,596,500.

Continuing claims reflect people filing each week after their initial claim until the end of their standard benefits, which usually last 26 weeks. The figures do not include those people who have moved to state or federal extensions, or people whose benefits have expired.

On Wednesday, the Senate passed a $15 billion bill to spur job creation and give businesses tax breaks for hiring the unemployed, but the bill does not extend unemployment benefits.

More than 1 million people will run out of benefits after Feb. 28 if the application deadline is not extended. Lawmakers are trying to pass a short-term extension by the end of the week in order to give them time to enact a longer fix.

State-by-state: Unemployment claims in three states rose more than 1,000 for the week ended Feb. 13, the most recent data available. Claims in North Carolina jumped the most, by 5,897, which the state attributed to layoffs in the construction, furniture and mining industries.

A total of 13 states said claims fell by more than 1,000. Claims in California dropped the most, by 5,540, which the state said was due to fewer layoffs in the service industry.

Outlook: “I would expect that once we get into March and get beyond the weather-related effects, we’ll see continued improvement in overall jobless claims,” said Dye.

He expects employment to pick up in the next couple of months as private sector hiring continues and the government boosts its hiring of temporary census workers.

“But bear in mind that the census workers are only temporary workers,” said Dye. “The government’s hiring will ramp up through March, April and into May, and then it will ramp back down in the second half of the year.” To top of page

Bullish a Year Ago, Robert Prechter Now Sees “the Biggest Bubble in History”

Posted Feb 24, 2010 08:01am EST by Aaron Task in Investing, Newsmakers

In February 2009, Robert Prechter of Elliott Wave International predicted a market rally that would be “sharp and scary for anyone who is short.”In recent months, Prechter returned to more familiar territory, declaring here in November the market was in a “topping area.”

A few weeks ago, the veteran market watcher told the Society of Technical Analysts in London that a “grand, super-cycle top” is at hand, The WSJ reported.

“What has happened is a complete change in psychology from extreme negativity [a year ago] to extreme optimism” heading into the market’s recent top in January, Prechter says.

Among the many sentiment indicators he watched, Prechter cited the very low levels of cash at mutual funds, which is approaching levels seen near major tops in 1973, 2000 and 2007.

“Nobody should be taking risk right now. This is a time to be safe,” he says.

But considering U.S. equity funds suffered about $46 billion of outflows from August to December 2009 while bond funds took in about $198 billion, according to ICI, aren’t investors already playing it safe — a bullish contrarian signal?

“The individual investor has been more or less abandoning stocks” and buying bond funds, Prechter concedes. “I think that is going from the frying pan into the fire. The bond market is the biggest bubble in the history of the world. ”

Corporate debt, municipal debt, mortgages and consumer loans will all suffer in the great deflation Prechter believes is already underway, as detailed in his book Conquer the Crash.

So is there any way for investors to protect themselves from the carnage? Check the accompanying video for Prechter’s recommendations.

HAMP (Home Affordable Modification Program) has barely modified even 10% of the loans that delinquent home owners have requested.  What no one is saying in this article is that, In order to get HAMP to help you modify your mortgage, you must first be THREE  MONTHS LATE in your payments. Then they will help you.  When eveyone finds out that all they have to do to get their mortgage restructured is QUIT PAYING THE MORTGAGE FOR THREE  MONTHS, then HAMP will start re-processing tons of mortgages.  The problem is, When millions more Americans stop paying their mortgages for at least three months, the economy will take another serious downturn.

S. Fla. ranks 4th in HAMP activity

South Florida Business Journal

February 19, 2010

While more than 1 million American homeowners have started the process of modifying their home loans under the government’s Home Affordable Modification Program (HAMP), only 116,000 have actually had their mortgages modified as of last month.

Those are the latest statistics from the U.S. Department of the Treasury, which, despite the low numbers, says the program is doing what it was designed to do.

“Struggling families are receiving payment relief and the housing market is showing signs of stabilization,” said Phyllis Caldwell, chief of Treasury’s Homeownership Preservation Office, in a news release.

In all, nearly 1.3 million offers for trial modifications have been extended to homeowners. An additional 76,000 modifications are awaiting the borrower’s signature.

The program was launched last year in an effort to help Americans remain in their homes.

In Florida, which has consistently ranked among the top five states for the number of foreclosures, there have been 101,971 active trial loan modifications through January. Of them, 14,598 have been permanently modified.

South Florida ranks fourth out of 15 metropolitan areas with the highest HAMP activity, at 4.7 percent. Through January, South Florida saw 39,356 active trial modifications, of which 5,143 have been permanently modified.

Only New York (6.1 percent), Los Angeles, (5.8 percent) and Chicago (5.1 percent) had more.

Click here to read the full report.

On Tuesday, Bank of America said more than 12,700 of its customers had been able to permanently modify their mortgages through HAMP.

www.The2012warning.com sends out yet another warning, this time from the Fed Chief in Kansas City, that unless the United States Government takes fiscal action quickly, the government is “precipitating its own next crisis”.  That is quite a claim.  It is our hope and prayer that you will listen to the warning.

Feb. 16, 2010, 3:32 p.m. EST

U.S. risks crisis without fiscal action: Hoenig

Kansas City Fed chief calls for pre-emptive strike on tax, spending policy

by Robert Kiyosaki
Friday, February 12, 2010

Dow 5,000 in 2010?

In my last column I predicted a “dead cat bounce” in the stock market and a possible Dow plunge to 5,000 this year. Obviously, many readers mocked my prediction.

But understanding the dead cat bounce is vital, especially in today’s market.

Simply put, a dead cat bounce looks like Diagram 1 below:

Cat1a.gif

The market crashes, rebounds, and runs out of steam, then crashes again…unfortunately, and possibly, to a lower low.

When professional investors observe a dead cat forming, many will begin to sell. If their selling leads to a panic, the stock market goes even lower.

Putting today’s numbers to the dead cat diagram gives this topic more meaning.

In 2002, the Dow hit a low of 7,286.

In 2007, the Dow hit a high of 14,164

Cat21.gif

In 2009 the Dow fell and stopped at 6,547.

Dow 6,547 is where the market stopped falling and the dead cat bounce began.  At 6,547 the market was oversold and buyers came rushing back in, looking for bargains. The Dow headed back up, and a bear market rally began.

On February 5, 2010 the Dow closed at 10,012.

On February 12, 2010 the Dow closed at 10,099.

What Does This Mean?

So the question is, “What do these numbers mean to me?” The answer to that question depends upon you. If you are a bullish person, you will be optimistic, reassured by these numbers, and looking forward to the Dow breaking 14,000 soon.

If you are bearish, you will be waiting for the dead cat to finally die and for a double dip recession to begin.

One of the theorists (and writers) I follow is Richard Russell, a wise sage who is in tune with markets and the madness of crowds. He has been in the business for about 50 years, so he has the wisdom and perspective of time. Lately, he has been writing about the 50% Rule of Dow Theory. I thought I would pass it on to you because it may assist you in seeing the future of the economy, even if –like me — you do not trade in stocks.

The following is my interpretation of the 50% Rule using real numbers.

In 2002 the low of the Dow was 7,286.

In 2007 the Dow hit a high of 14,164.

The 50% Rule number is 10,725…the halfway point between 7,286 and 14,164.

In 2007, when the market headed down and broke 10,725, professional traders who follow the Dow Theory 50% Rule knew what was going to happen next. On March 9, 2009, the crash stopped at Dow 6,547.

On that day, what I believe is a ‘dead cat bounce’ began as the market moved up.

On January 19, 2010, the Dow stalled at 10,725 and headed down again. This is spooky. The 50% Rule came true.
Deadcat3a.gif

The next interesting point is 7,286, the low of 2002, when the rally began.  According to Russell, if the Dow holds at 7,286 and begins a rally, this might be a good time to buy. But if it fails to hold at 7,286 and slides past 6,547, then look out for dead cats dropping from the sky. Russell predicts that Dow 1,000, the number at which the Dow began its rally in the 1970s, may not be out of the question. If that happens, there will be millions of baby boomers joining the dead cats falling from the sky as their 401(k)s and IRAs implode.

Other Markets

This 50% Rule may apply to other markets such as gold, the hot commodity of this era.

In 1971 gold was $35 an ounce. I began buying gold in 1972 when I was a pilot in Vietnam, watching the Vietnamese panic when they knew the U.S. was not going to win the war.

Gold hit a peak of $850 an ounce in January of 1980.

Gold dropped to a low of $252 in July of 1999. Obviously, I bought a lot of gold in 1999.  Gold was at an all-time low because Central Banks, such as the Fed and the Bank of England, were dumping gold in an attempt to protect the value of their counterfeit currencies.

According to the 50% Rule of Dow Theory, when the price of gold was passing $600 an ounce(halfway between $850 and $252), a rally in gold was on. When gold passed $600, mainstream financial experts began warning of a crash in the price of gold… stating that gold was in a bubble.

Today gold fluctuates between $1,000 and $1,200 an ounce.

Is Gold in a Bubble?

When you factor in inflation and devaluation of the U.S. dollar, $850 gold in 1980 is $2,500 an ounce in today’s dollars. In other words, gold might be at 50% at $1,200, which is the highest of highs. Could there be a run to $2,500?

Your personal answer to that question will depend upon how confident you are in Fed Chairman Ben Bernanke, President Obama, and Wall Street. If you have faith in our leaders of commerce, don’t buy gold. If you do not have faith in them, maybe you should buy gold or silver.

If the dead cat bounce dies and the Dow drops to 5,000 in 2010, as I predict, then the price of gold and silver may die with the dead cat of the Dow, as investors cling to cash. The next question you need to answer is, “If the Dow dies and the price of gold and silver drop, what should you invest in at the bottom…stocks, gold and silver, or cash?”

I know what I will do. I will buy more gold and silver. Why? The answer is because I trust gold and silver more than Central bankers, the Oval Office, and Wall Street. Gold and silver have been real money for thousands of years.

The Lost Decade

The people I am most concerned about are the average investors who have bought their financial planner’s advice of “Invest for the long term in a well-diversified portfolio of stocks, bonds, and mutual funds.”

Many investors are calling the past 10 years The Lost Decade. That means those who invested for the long term in stocks, bonds, mutual funds, and cash are long-term losers. Japan has been in a Lost Two Decades.

A Lost Decade means:

1.  Zero job creation.
2.  Zero economic gains for the typical family. Home values are down and   many families owe more on their home than the home is worth.
3.  Zero gains in the stock market.

Over the next few months, it is important to watch both the Dow and gold. As I write, the Dow is around 10,000 and gold is at $1,000. If the Dow breaks 7,286, the 2002 low, and continues down below 6,547, the 2009 low, watch out below. If 6,547 is broken and gold passes $2,500 an ounce, you’ll have even more to worry about.

The February 10, 2010 article in “Market Watch”, ( http://www.marketwatch.com ), says:  “Investing for when the Global Debt Time Bomb explodes”.  Below, in the article, you will see that anyone with any money sense at all, knows that something majorly BIG is about to happen REAL SOON.  These are not “internet nuts and kooks”.  These are the monied people of the planet.  Here at The2012Warning.com , we hope you are listening.

The article follows in its entirity:

By Paul B. Farrell, MarketWatch

ARROYO GRANDE, Calif. (MarketWatch) — Wake up investors. Are you prepared for the economic anarchy coming after a global-debt time bomb explodes? Are you thinking outside the box? Investing differently? Act now — tomorrow will be too late.

Start by looking past the endless cable skirmishes between Rush, Glenn, Bill and Shawn versus Harry, Nancy, Ben and Barack. Look way past the insurgency bonding Sarah and her diehard Tea Party revolutionaries with Ron Paul’s Neo-Reaganite ideologues, Fat-Cat Bankers and the Party of No, all planning a massive frontal assault on the 2010 elections, hell-bent on destroying the presidency. All that’s the sideshow.

Europe’s debt woes won’t recede

European stocks managed to look somewhere other than Greece, Spain and Portugal early Monday, but don’t bet on that lasting.

The Big One is coming soon, bigger than the 2000 dot-com crash and the 2008 subprime credit meltdown combined. A huge market blowout. And as Bloomberg-BusinessWeek predicts: “The results won’t be pretty for investors or elected officials.”

After the global-debt bomb explodes don’t expect a typical bear correction followed by a new bull. Wall Street’s toxic pseudo-capitalism is imploding. Be prepared for a massive meltdown. Yes, already the third major bubble-bust of the 21st century, triggered once again by Wall Street’s out-of-control Fat Cat Bankers. And it’s dead ahead.

Can your family survive in the anarchy after the debt bomb explodes?

America’s already descending into economic anarchy. We’re all trapped in a historic economic supercycle, a turning point that must bleed through a no-man’s land of lawless self-destructive anarchy before a neo-capitalistic world can re-emerge. Investors tell me they “feel” it at a deep level, “know” it’s happening. They keep asking: “What’s the best investment strategy to prepare now?”

This is no joke, folks. Are you prepared? Or preparing? Will your family survive in a post-apocalyptic world, when anarchy is rampant in America? Look at Washington, Wall Street and Corporate America today. You know it’s already begun.

You are witnessing a fundamental breakdown of the American dream, a systemic breakdown of our democracy and our capitalism, a breakdown driven by the blind insatiable greed of Wall Street: Dysfunctional government, insane markets, economy on the brink. Multiply that many times over and see a world in total disarray. Ignore it now, tomorrow will be too late.

Not a war about ideology, but an economic game-changer

This is a war to control 299 million American taxpayers. A war waged by the “Happy Conspiracy” Jack Bogle profiled in his 2004 “Battle for the Soul of Capitalism,” a war machine of Fat Cat Bankers, CEOs, 42,000 mercenary lobbyists and a Congress held hostage to unlimited campaign donations. Their conspiracy has been waging this war against Americans for decades, long before the Supreme Court exposed their dirty secret.

Yes, your enemy is that “Happy Conspiracy:” It has degraded into a pseudo-capitalism with no conscience, no sense of the public good, hell-bent on controlling America’s mind, your money and the global markets for its own selfish ends. And eventually it will trigger the game-changing global-debt bomb, the third global meltdown of the century that finally ignites the Great Depression II, plunging us into an era of anarchy.

Investors keep asking: “If it is coming, how do I invest? Buy gold? Commodities? Hedge? Short trading? TIPS? Hoard cash? Buy and hold? Lazy Portfolios?” What if the Dow sinks below 5,000? Maybe the worst-case scenario recently predicted by Bob Prechter: A deeper plunge to the 1,000 range? Imagine a global depression, a bear market dragging on for decades: “How do I protect my family? Can I ever retire? What do I invest in? How can anyone prepare?”

How America’s two classes are preparing for a descent into anarchy

As America descends into anarchy your family’s survival and your ability to retire will depend on which of America’s two economic classes you belong to out of our total of roughly 300 million citizens:

  1. “Average Joe & Jane” Americans: You’re one of 299 million Main Street Americans. Average income is $50,000, only 10% of the average bonuses paid to Wall Street’s Fat-Cat Bankers. Or you’re already one of America’s 20% underemployed … maybe on food stamps … maybe among the 47 million with no medical insurance … your retirement assets are about $50,000, a year’s survival. And you are “mad-as-hell” you’re not working “inside” the “Happy Conspiracy.”
  2. “Happy Conspiracy” Insiders: You’re one of the lucky million or so elite Insiders in the “Happy Conspiracy.” You may work for a Fat-Cat Bank that American taxpayers bailed out last year so you pocketed a 2009 bonus gift of somewhere between $600,000 and $10 million. Maybe you’re a Corporate American CEO. Maybe you’re on the Forbes 400 list. Or you’re a U.S. Senator.

Here’s how these savvy Insiders are preparing: In his 2008 best-seller, “Wealth, War and Wisdom,” hedge fund manager Barton Biggs, a highly respected Insider in the “Happy Conspiracy,” advised rich insiders to expect the “possibility of a breakdown of the civilized infrastructure.”

His advice: Make tons of money. Buy an isolated farm in the mountains. Protect family against the barbarians: “Your safe haven must be self-sufficient and capable of growing some kind of food … It should be well-stocked with seed, fertilizer, canned food, wine, medicine, clothes, etc. Think Swiss Family Robinson.”

How Wall Street insiders will treat Main Street in ‘The Anarchy’

And when the barbarians do come, firing “a few rounds over the approaching brigands’ heads would probably be a compelling persuader that there are easier farms to pillage.” Imagine a scene like Port-au-Prince after the quake. Biggs is no radical anarchist, he’s an establishment Insider, a great guy. We both arrived at Morgan Stanley about the same time. Biggs remained 30 years, was Morgan’s chief global strategist. Ten times Institutional Investor magazine put him on Wall Street’s “All-America Research Team.”

True, he did hedge his prediction of the coming anarchy. His odds: 1 in 10. But in an early 2009 Newsweek article, “A Generation of Destruction: Throwing money at the problem and propping up greedy banks is like trying to put out a fire by pouring gasoline on it,” Biggs teased us with a bleak scenario: “Great cycles of wealth creation have usually lasted about two generations, or 60 years. Inevitably, unequal riches corrupt and create envy, and they are always followed by a generation of enormous wealth destruction.”

Warning: By vastly understating the risks while his Insiders prepare for the coming anarchy, Biggs is quietly misleading and disarming the rest of America.

The truth is Insiders in the “Happy Conspiracy” elite will follow Biggs’ ultra-simple investment strategy: Make massive amounts of money fast using short-term strategies, spout lip service about the “public good.” But always act in your own self-interests first, preparing for when anarchy spreads worldwide in an economic pandemic.

How can America’s 299 million ’second-class citizens’ invest for anarchy?

So what can the average Joe and Jane, the other 299 million Americans do? Warning: In anarchy, nobody knows. Period. The only possible strategy: “Think Swiss Family Robinson.” Stockpile like a “Happy Conspiracy Insider.”

Many still challenge us about proven strategies like buy and hold, Modern Portfolio Theory, Lazy Portfolios. Unfortunately, they all need a real democracy driven by honest, transparent capitalism to function effectively. They can’t function in anarchy.

And Wall Street’s already lapsed into a toxic pseudo-capitalism, using it to manipulate Main Street America. Eventually that mindset will force Main Street Americans to misuse the same dark “Swiss Family Robinson” tactics as the Insiders in order to survive the coming anarchy.

What’s our alternative? A new American Revolution

But wait, wait, I hear you asking loudly: There must be an alternative to this dark descent into anarchy, to the loss of everything that made America the greatest nation in history?

Yes there is an alternative. Out of the ashes of anarchy must come a Second American Revolution. But unfortunately nothing will happen until a great crisis awakens America … shocks the conscience of the masses … we are “asleep” … only a seismic, systemic shock will trigger the necessary revolution.

The future of our economy and indeed our nation demands another political revolution. We must take back our democracy and capitalism from a government run by Wall Street and its “Happy Conspiracy” … their toxic self-serving power hold must be broken and, if not, a rising new conspiracy of China, India, oil-sovereignties and asset-rich nations will replace our homegrown “Happy Conspiracy” as it eventually goes down in the flames of anarchy.

Sadly, that’s the future many of us realists see ahead for America.

Disaster strikes our land every time America mistreats the nation of Israel. The following article was recently posted, and bears some thinking. We here at The2012Warning.com did not write it. But you need to read it. America is not blessed of God because we are a great nation. Rather, we are a great nation because we are blessed of God.

Then the question arises, “Why are we blessed of God?” Is it our morals? Hardly! Is it our religiosity? You gotta be kidding me!  The answer lies all throughout Scripture:
“Touch not mine anointed”- Psalm 105:15
It’s as simple as 1-2-3 (Genesis 12:3, that is!) “And I will bless them that bless thee, and curse him that curseth thee: and in thee shall all families of the earth be blessed.”  God has promised to bless anyone who blesses Israel.  Check out the following:

1. October 30, 1991: The Perfect Storm—As President George H. W. Bush is opening the Madrid (Spain) Conference to consider
“land for peace” in Israel’s Middle East role, the
“perfect storm” develops in the North Atlantic,
creating the largest waves ever recorded in that
region. The storm travels 1000 miles from “east to
west” instead of the normal “west to east” pattern and
crashes into the New England Coast. Thirty-five foot
waves crash into the Kennebunkport home of President
Bush.

2. August 23, 1992: Hurricane Andrew—When the Madrid
Conference moves to Washington DC and the peace talks
resume, Hurricane Andrew, the worst natural disaster
ever to hit America, comes ashore and produces an
estimated $30 billion in damage and leaving 180,000
homeless in Florida.

3. January 16, 1994: Northridge Earthquake—President
Bill Clinton meets with Syria’s President Hafez
el-Assad in Geneva. They talk about a peace agreement
with Israel that includes giving up the Golan Heights.
Within 24 hours, a powerful 6.9 earthquake rocks
Southern California, This quake, centered in
Northridge, becomes the second most destructive
natural disaster to hit the United States, behind
Hurricane Andrew,

4. January 21, 1998: Lewinsky Scandal—Israeli Prime
Minister Benjamin Netanyahu meets with President
Clinton at the White House and is coldly received.
Clinton and Secretary of State Madeleine Albright
refuse to have lunch with him. Shortly afterwards on
that day, the Monica Lewinsky scandal breaks into the
mass media and begins to occupy a major portion of
Clinton’s time.

5. September 28, 1998: Hurricane George—As Secretary
of State Albright works on the final details of an
agreement in which Israel would give up 13 percent of
Yesha (Judah and Samaria), Hurricane George slams into
the United States Gulf Coast with 110 mph winds and
gusts up to 175 mph. The hurricane hits the coast and
stalled. On September 28, Clinton meets with Yasser
Arafat and Netanyahu at the White House to finalize
this land deal. Later, Arafat addresses the United
Nations about declaring an independent Palestinian
state by May 1999, as Hurricane George pounds the Gulf
Coast, causing $1 billion in damage. At the exact time
that Arafat departs the country, the storm begins to
dissipate.

6. October 15-22, 1998: Texas Flooded—On October 15,
1998, Arafat and Netanyahu meet at the Wye River
Plantation in Maryland. The talks are scheduled to
last five days with the focus on Israel giving up 13
percent of Yesha. The talks are extended and conclude
on October 23. On October 17, awesome rains and
tornadoes hit southern Texas. The San Antonio area is
deluged with rain. The rain and flooding in Texas
continue until October 22 and then subside. The floods
ravage 25 percent of Texas and leave over one billion
dollars in damage. On October 21, Clinton declares
this section of Texas a major disaster area.

7. November 30, 1998: Market Capitalization
Evaporates—Arafat comes to Washington again to meet
with President Clinton to raise money for a
Palestinian state with Jerusalem as the capital. A
total of 42 other nations were represented in
Washington. All the nations agreed to give Arafat $3
billion in aid. Clinton promised $400 million, and the
European nations $1.7 billion. On the same day, the
Dow Jones average drops 216 points, and on December 1,
the European Market had its third worst day in
history. Hundreds of billions of market capitalization
were wiped out in the U.S. and Europe.

8. December 12, 1998: Clinton is Impeached—As Clinton
lands in the Palestinian-controlled section of Israel
to discuss the “land for peace” process, the House of
Representatives votes four articles of impeachment
against him.

9. May 3, 1999: The Powerful Super Tornado—On the day
that Yasser Arafat is scheduled to declare a
Palestinian state with Jerusalem as the capital, the
most powerful tornado storm system ever to hit the
United States sweeps across Oklahoma and Kansas. The
winds are clocked at 316 mph the fastest wind speed
ever recorded. The declaration is postponed to
December 1999 at the request of President Clinton,
whose letter to Arafat encourages him in his
“aspirations for his own land.” He also writes that
the Palestinians have a right to “determine their own
future on their own land” and that they deserve to
“live free, today, tomorrow and forever.”

10. Week of October 11, 2008: Hurricane, Earthquake and Dow
Collapse—As Jewish settlers in 15 West Bank (Israel)
settlements are evicted from the covenant land in
Israel, the Dow-Jones financial averages lose 5.7
percent in the worst week since October 1989. On
October 15 the Dow lost 266 points, and a hurricane
slams into North Carolina. On the next morning,
October 16, a magnitude 7.1 earthquake rocks the
southwest in the fifth most powerful earthquake in
20th Century. The earthquake was centered in the
California desert and did little damage but was felt
in three states.

Bush billboard on I-35: “Miss me yet?”

By BOB VON STERNBERG, Star Tribune

Last update: February 9, 2010 – 11:25 AM

Star Tribune

Looming over the southbound lanes of Interstate 35 in Wyoming, Minn., is a grinning portrait of former President George W. Bush, asking “Miss me yet?”

At a time when President Obama’s approval ratings are cratering, the billboard appeared stealthily about a month ago.

“It was put up by a group of small business owners — who want to stay anonymous –because they felt Washington wasn’t listening,” said Mary McNamara, a spokeswoman for the company that owns the billboard. “They felt like it was a good way to get their message out.”

For the past two days, images of the billboard have raged virally across the Internet, with a Google search resulting in more than 100 million hits Tuesday.

The billboard was first reported by Minnesota Public Radio blogger Bob Collins Monday morning.

He took a photo of it while cruising past, about 30 miles north of downtown Minneapolis.

Collins wrote: “It’s beginning to sweep along the Internet, accompanied by various claims that it’s a Photoshop fake. But it’s not. It’s real…

“It’s time to crowdsource this puppy.”

McNamara said company officials were taken aback at the explosion of interest in the billboard, appearing everywhere from USA Today to the Huffington Post.

Told of the millions of hits that have erupted across the Internet, she replied, “oh, my word — that’s amazing. I guess it just shows that billboards work.”

The billboard is standing 13 months after Bush left office, a time when Obama’s popularity has slumped. A Marist College opinion poll published Monday found that just 44 percent of the nation’s registered voters approve of his performance.

Comment from The2012Warning.com -

This is fantastic.  Unbelievable.  I love it.  Yes, President Bush, we DO miss you!

Two young Street preachers are killed in Florida  gangster style by a young man that had been given the good news of Jesus Christ, but apparently rejected it.  It breaks our heart, here at the2012warning.com , to learn of the brutal slaying of two young men who had recently left the life of crime and started preaching for Jesus to those in their own neighborhood.

May God bless the families, and may soul-winners everywhere re-double our efforts to win this world to Christ before it’s too late.

Here is the story:

By Eliot Kleinberg

Palm Beach Post Staff Writer

Updated: 12:29 p.m. Thursday, Feb. 4, 2010

Posted: 2:10 p.m. Wednesday, Feb. 3, 2010

BOYNTON BEACH —

Jeriah Woody executed two men who made the mistake of preaching religion to the 18-year-old, a witness has told police.

Woody, who turned himself in to Boynton Beach police Wednesday, is charged with two counts of first-degree murder in the Saturday night deaths of Stephen Ocean, 23,

and Tite Sufra, 24,

near the Boynton Beach city library.

He was expected to be taken to the Palm Beach County Jail later today and have a bond hearing Thursday. Boynton Beach spokeswoman Stephanie Slater said this afternoon he was still being questioned and she would not immediately provide information about a motive.

A woman who identified herself as Ocean’s sister, but did not want to give her name, said the two men, best friends, were ministers who were ordained last year and had turned their lives around after run-ins with law enforcement. She did not want to identify the church with which they were aligned.

“They go around and minister to boys and say where they came from,” the sister said. “They did that all day and all night.”

Jail records show no adult arrests for Sufra. Ocean was arrested in 2003 on robbery charges and in 2004 for violating probation on previous battery and petit theft convictions. He was arrested in 2006 for carrying a concealed firearm and resisting an officer.

Jail records show no adult arrests for Woody.

According to a Boynton Beach police report, a person who was with the two slain men told police that, about 8 p.m Saturday, the three were walking through the neighborhood, preaching, and encountered Woody under a tree.

They had been preaching to him for about 15 minutes when he received a call on his cellphone.

The three heard him tell the person on the phone that he was “right down the street.”

He then told the three preachers he had to go.

As the three began walking east, they noticed Woody running toward them.

The friend said he saw Sufra walk toward Woody; he then saw a flash and saw Sufra fall.

Ocean began running and was dropped by a shot to the buttocks, the witness said.

He said Woody then walked up to Ocean and shot him in the head execution-style.

The third man was able to flee and call police, the report said.

Officers found the two lying in the 100 block of Southwest Second Avenue.

On Tuesday, a source alerted detectives to a man with the street name of “plug” who matched the description of the shooter.

The man who’d been preaching with the two other men picked Woody out of a lineup, the report said.

The2012warning.com is deeply saddened by this grievous crime.  Personally, we go out every week of the world sharing Christ with those around us, just like these two godly men were doing.  As this world gets more wicked and as it gets more callous to Christ and Christians, may we keep on keeping on.  Obey the great commission.  Win the lost at any cost.  Instead of timidity and fear resulting from this heinous crime, may Christians everywhere take up the work of our two fallen comrades, that their death not be in vain.