71014 Gleaning Pre-Pretribulation Is Here And We Are At The Last Step(s) Before Last Confirmation(s) Rise To Full Tribulation Time
Earth’s magnetic field, which protects the planet from huge blasts of deadly solar radiation, has been weakening over the past six months, according to data collected by a European Space Agency (ESA) satellite array called Swarm.
The biggest weak spots in the magnetic field — which extends 370,000 miles (600,000 kilometers) above the planet’s surface — have sprung up over the Western Hemisphere, while the field has strengthened over areas like the southern Indian Ocean, according to the magnetometers onboard the Swarm satellites — three separate satellites floating in tandem.
The scientists who conducted the study are still unsure why the magnetic field is weakening, but one likely reason is that Earth’s magnetic poles are getting ready to flip, said Rune Floberghagen, the ESA’s Swarm mission manager. In fact, the data suggest magnetic north is moving toward Siberia.
The movement of the molten metal is why some areas of the magnetic field strengthen while others weaken, Florberghagen said. When the boiling in one area of the outer core slows down, fewer currents of charged particles are released, and the magnetic field over the surface weakens.
“The flow of the liquid outer core almost pulls the magnetic field around with it,” Floberghagen said. “So, a field weakening over the American continent would mean that the flow in the outer core below America is slowing down.”
The Swarm satellites not only pick up signals coming from the Earth’s magnetic field, but also from its core, mantle, crust and oceans. Scientists at the ESA hope to use the data to make navigation systems that rely on the magnetic field, such as aircraft instruments, more accurate, improve earthquake predictions and pinpoint areas below the planet’s surface that are rich in natural resources. Scientists think fluctuations in the magnetic field could help identify where continental plates are shifting and help predict earthquakes.
Trouble is looming at Japan’s Fukushima nuclear plant, as a leak has forced the shutdown of a cooling system that could cause temperatures to exceed dangerous levels.
Fukushima operator Tokyo Electric Power Company (TEPCO) was forced to switch off the cooling system at Reactor Unit 5, after engineers discovered it had been leaking water. If the system is not repaired within the next nine days, temperatures are expected to soar,
So the question is: just how profound of an adverse impact on Q3 GDP (because remember: weather anomalies are never additive to GDP; only wars can do that in a Keynesian world) will the second, summertime coming of polar vortex have on the US economy? Judging by the laughable farce that the economic profession has devolved to, desperately seeking to “explain away” any deviation from a priced to perfection growth rate, if only that of the Fed’s balance sheet, not to mention why its forecasts are always wrong we are likely to find out very soon.
Ecologist Dr. Patrick Moore, co-founder of Greenpeace, warned “I fear a global cooling,” during his keynote address to the Ninth International Conference on Climate Change in Las Vegas on Tuesday. Moore, who left Greenpeace in 1986 because he felt it had become too radical, is the author of “Confessions of a Greenpeace Dropout: The Making of a Sensible Environmentalist.”
Moore noted that a cooling would adversely impact agriculture, and said: “Let’s hope for a little warming as opposed to a little cooling. I would rather it got a little warmer.” (Watch Moore video here at the Heartland Institute event)
Moore noted that “the U.S. is currently been cooling” and noted that there has been “no global warming for nearly 18 years.” He also mocked the notion that “everything is due to global warming.”.
Two weeks ago we highlighted just how “screwed” Las Vegas is due to the catastrophic drought that is occurring (combined with almost total ignorance that this is a problem). As Bloomberg’s James Nash reports, about 55% of Nevada, already the nation’s driest state, is under “extreme’’ or “exceptional’’ drought conditions, the worst grades on the U.S. Drought Monitor; but recently the situation has got even worse. Lake Mead, the man-made reservoir that supplies 90 percent of the water for 2 million people in the Las Vegas area, has been reduced by drought to the lowest level since it was filled in 1937, according to the federal government who explained “It concerns us all very much,” as it is a resource used by 3 states. Simply put, The shortfall is endangering water supplies to the residents and 43 million annual visitors to the driest metropolitan area in the country.
The French government wants to break the monopoly the dollar has on international transactions after the country’s largest bank, BNP Paribas, was slapped with a record $9 billion fine and a 1-year dollar trading ban.
Michel Sapin, the French finance minister, called for a “rebalancing” of the currencies used for global payments, saying the BNP Paribas case should “make us realize the necessity of using a variety of currencies” the Financial Times reports.
“We [Europeans] are selling to ourselves in dollars, for instance when we sell planes. Is that necessary? I don’t think so. I think a rebalancing is possible and necessary, not just regarding the euro, but also for the big currencies of the emerging countries, which account for more and more of global trade,” the finance minister told the FT at a conference over the weekend.
France wants to bring the euro to greater prominence in international trade. Sapin said he would raise the idea on Monday when he meets in Brussels with eurozone finance ministers.
BNP was punished for helping counties like Iran, Sudan, and Cuba process $30 billion in transactions which are illegal under US law, since they violate US sanctions. Starting on January 1, 2015, the bank will not be able to carry out dollar-based transactions for one year.
The French government has called the fine and 1-year ban unreasonable and unfair, as it blocks the country’s largest bank from handling dollars, which is the dominant currency in global trade. Nearly 90 percent of all deals in the $5 trillion a day foreign exchange market includes the US dollar.
Heavy-handed sanctions from the US and Europe have forced countries to also look towards other currency options. Russia, for example, is actively working to de-dollarize, and is starting to use the Chinese yuan and other Asian currencies in trading.
Jean-Baptiste de Franssu, the former head of Invesco Ltd.’s European business, was named president of the Vatican Bank as Pope Francis continues his reorganization of the Catholic Church’s scandal-tainted financial operations.
So now that the “who” has been answered, just one question remained: “how?”
How did millions of Chinese “buyers” manage to get tens of billions of yuan or dollars out of the mainland – a country which as is well-known has strict capital controls when it comes to individual and corporate offshore outflows? Under Chinese law, citizens are allowed take only the equivalent of US$50,000 out of the country each year: hardly enough to buy a storage closet in any of New York City’s Central Park West duplexes.
Today we learn the answer and it has to do with officially sanctioned “money laundering” services by not one but two of China’s largest banks: Bank of China and also Citic.
As Hong Kong’s SCMP reports, A day after Bank of China (BOC) was accused by China’s state broadcaster of breaking foreign exchange rules by helping people take money out of the country, it has emerged a second state bank has also been offering the service.
And the biggest irony is that Citic is ultimately controlled by none other than the “State Council” or China itself. In other words, while China was prohibiting the outflow of hot money with one hand, with the other it was providing the very services it had previously forbidden!.
China’s scary encounter with soaring inflation was unfolding and Beijing needed a fast way to solve the overabundance of domestic liquidity. Basically at that point the central bank agreed to keep its eyes shut as wealthy oligarchs transferred funds to developed world nations, something the US government and NAR were delighted by as it kept real estate prices (if only at the very top) soaring, dragging the entire housing market higher with them. Furthermore recall: the one thing the Fed has wanted more than anything for the past several years is inflation. And since the US economy is nowhere near strong enough to create the kind of inflation needed, with the bulk of the Fed’s reserves ending up in the capital markets and the latest and greatest credit bubble, the Fed would be more than happy to import some of China’s inflation from it, even if that means a housing market which at the upper end is no longer accessible to anyone but the 0.0001%.
So what happens next? Assuming there is the anticipated resulting backlash and crackdown on Chinese banks, which will finally enforce the $50K/year outflow limitation, this could well be the worst possible news not only for Chinese inflation, which suddenly – no longer having a convenient outlet for the unprecedented liquidity formed in the country every month – is set to soar, but also for the ultra-luxury housing in the US.
Because without the Chinese bid in a market in which the Chinese are the biggest marginal buyer scooping up real estate across the land, sight unseen, and paid for in laundered cash (which the NAR blissfully does not need to know about due to its AML exemptions), watch as suddenly the 4th dead cat bounce in US housing since the Lehman failure rediscovers just how painful gravity really
honest price discovery throughout the whole range of financial assets has been destroyed because Fed enabled and subsidized speculation has caused cap rates to be artificially repressed and asset prices to be vastly inflated by one-way trading in the Wall Street casino.
You see it in opinion poll after opinion poll. The majority of people think their children’s lives will not be as good as theirs. Nearly half of all Americans are no longer proud of their country. Politicians have become a despised breed.
If this trend continues, it’s hard to see how the country can continue to carry on as usual, trading off power between one Washington elite and the other.
Why? Because the indictment is not against one party or even one president, it’s a loss of faith in the entire system, and it’s been building for a while.
The consensus estimate for US GDP growth in 2014 has collapsed. 4 months ago, the world of serial extrapolators and mean-reverters prognosticated that 2014 GDP would reach the lofty heights of 2.9%. Today – on the heels of numerous micro- and macro-fundamental realities, consensus US GDP growth for 2014 has been marked down to 1.7%. Is it any wonder US equity markets are within 1% of their all-time highs?
Don;t worry though – the Fed is still bullish:
*FED’S GEORGE SAYS 2014 U.S. GROWTH TO BE IN 2%-2.5% RANGE
You can’t make this stuff up!!
Christine Lagarde’s Occult Intro
Then Christine Lagarde, head of the IMF, gave a bizarre introduction to her speech at the January 15th National Press Club luncheon. It was chock full of Masonic, occult symbolism. It was hard to interpret that speech as anything but a signal to someone, about something that was coming… this July..
Last week, it was revealed in this column that the government was advertising for “escorts” in order to bring unaccompanied illegal alien minors across the border. The date of this advertisement was January, 2014, seven months ago. It was also reported that there are multiple sightings of UN vehicles in our country. It was also reported here that the UN has been advertising for the position of “resettlement officers who are experienced in gun confiscation”.
When we look at the posed health risks by this “sudden” influx of illegal aliens, along with the evidence of the planning for mass casualties dating back at least 5 years ago and more evidence that this planning and funding is still ongoing, the conclusions are not hard to reach.
Now that Israel seems intent on invading Syria and the UN trucks are on the move near Brownsville, TX., as of this writing, perhaps some serious dot connecting is in order and that will be the topic of the next installment in this series.
Consider the fact that even here in the United States, Mohamed Elibiary, one of three senior fellows on President Obama’s Homeland Security Advisory Council, is an open supporter of the Muslim Brotherhood, the goal of which is the re-establishment of the caliphate.
Already there have been numerous pictures popping up on Twitter of Muslims gathering in European nations and throughout the world, donning the black flag of of the Islamic State to show their support. The danger that these groups hold for their host countries is tremendous.
Only two weeks ago, President Obama declared that the world is safer now than it ever has been, that it’s truly a wonderful time to be alive. Based on the various videos of celebrating Sunni Muslims in cities from Mosul to Raqqa, if you are a radical Muslim, then Obama may very well be right. A new day has dawned.
On July 4th, Qaradawi & Qaradaghi issued a joint statement calling for the destruction of Israel.
In June 2013, Bin Bayyah, the Vice President of the International Union of Muslim Scholars, met with members of the White House National Security Council. According to Bayyah, it was not his organization but the Obama administration that had initially reached out and sought a meeting. “We asked for this meeting to learn from you, and we need to be looking for new mechanisms to communicate with you and the Association of Muslim Scholars,” Gayle Smith, Special Assistant to the President and Senior Director of the National Security Council, reportedly said about IUMS.
Three rockets were launched at Dimona in southern Israel on Wednesday afternoon. The Iron Dome intercepted one rocket before it could land, while two other rockets landed in open areas.
Dimona is the location of Israel’s nuclear reactor. There was no indication that rockets damaged any part of the reactor.
Hamas claimed responsibility for the rockets, stating that it had been attempting to hit the nuclear reactor.
Militants from Hamas’s Qassam Brigades said they had launched long-range M-75 rockets towards Dimona.
Evidence that Hamas is firing more sophisticated weapons at Israel – including longer-range rockets – than in past conflicts is focusing a new light on Iran’s role in arming the militant organization.
Palestinian Media Watch on Thursday posted a video of a broadcast on Hamas’ Al-Aqsa television station from Wednesday which feature threats against Israelis in Hebrew.
“Zionists, wait and see stabbing attacks everywhere. Wait for suicide attacks on every bus, café and street. Wait for the rage and for revenge for Gaza, wait for the flames of the West Bank and inside you [Israel],” the broadcast threatens.
The propaganda video was released as the IDF was carrying out Operation Protective Edge in Gaza aimed at halting rocket fire on Israeli communities.
“Zionists, do you still remember the rockets that made Tel-Aviv and the Israeli Parliament tremble? We just wanted to tell you that we have thousands of them,” the voice in Hebrew warns.
“Zionists, [we] can reach you above ground and below it. So start counting the number of coffins you’ll need in these months.”
Above all, God bless the boys going up against Hamas and into Gaza by air, land and sea. Bibi said it’s “time to take off the gloves” so once again Israel is at war.
This is not the time to remind Israel’s politicians “we told you so” when you gave up Gaza in 2005.
Nor is this the time to blame successive Israeli governments for letting it get this far, far enough to allow this implacable foe to arm itself to the teeth.
For the moment Israel must deal with the unbearable barrage of rocket fire coming in ceaselessly from Gaza. Now it’s time to stop the bleeding.
The resolution reaffirms the United States’ support for Israel’s right to defend its citizens and ensure the survival of the State of Israel, condemns the unprovoked rocket fire at Israel, calls on Hamas to immediately cease all rocket and other attacks against Israel, and calls on Palestinian Authority President Mahmoud Abbas to dissolve the unity governing arrangement with Hamas and condemn the attacks on Israel.
United Nations Secretary General Ban Ki-moon warned of the dangers of the current situation, saying this region can’t “afford another full-blown war.” The Security Council is scheduled to hold an emergency meeting today to discuss the fighting.
The success of the Islamic State in Iraq and Syria has emboldened like-minded militants in Lebanon who believe they can emulate it, the interior minister said, confirming the militant Sunni group had now appeared in Beirut for the first time.
The Islamic State’s arrival in Lebanon adds to a list of militant Sunni groups already operating in the country.
With Russia and China having briefly taken over the hub of global executive suicides, the sad trend has returned back to America. In what appears to the 15th financial services executive suicide this year, yet another JPMorgan Director took his own life. As IBTimes reports, Jefferson Township (New Jersey) police report that the Global Network Operations Center Executive Director, “Julian Knott, age 45, shot his wife Alita Knott, age 47, multiple times and then took his own life with the same weapon.” They are survived by 3 teenage children…
This is the 15th financial services exective death in recent months…
1 – William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.
2 – Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.
3 – Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.
4 – Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.
5 – Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.
6 – Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.
7 – Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago. No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.
8 – Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.
9 – James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death
10 – Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train
11 – Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.
12 – Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.
13 – Li Jianhua, 49, the director of China’s Banking Regulatory Commission died of a sudden heart attack
14 – Lydia _____, 52 – jumped to her suicide from the 14th floor of Bred-Banque Populaire in Paris
15 – Julian Knott, 45 – killed wife and self with a shotgun in Jefferson Township, New Jersey
MindRDR, as the app is called, links up Google Glass with another piece of head-mounted hardware, the Neurosky EEG biosensor, to create a communication loop.
The Neurosky biosensor picks up on brainwaves that correlate to your ability to focus. The app then translates these brainwaves into a meter reading that gets superimposed on the camera view in Google Glass. As you “focus” more with your mind, the meter goes up, and the app takes a photograph of what you are seeing in front of you. Focus some more, and the meter goes up again and the photo gets posted to Twitter.