Dec 192014
 

Arutz Sheva: “Former Deputy Defense Minister Danny Danon (Likud) responded to the Gaza rocket attack Friday morning, linking it to the European Union’s (EU) removal of Hamas from its terrorist organization list on Wednesday.

“This morning the Europeans received more proof that Hamas is a terrorist organization,” released Danon in a statement after the rocket attack which fortunately didn’t inflict any wounds or damage.

The MK continued “the rocket that Hamas fired at Israel proves again to European countries that they don’t need to wait for any check as to whether Hamas is a terrorist organization, if anyone still had a doubt about it they received their answer now with the (rocket) firing.”

Opinion: As world opinion continues to turn against Israel we are reminded of Psalm 2:2:  ““The kings of the earth stand up, and the rulers take counsel together, against the LORD, and against His anointed.” (Psalm 2:2)

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 Posted by at 2:00 PM
Dec 192014
 

Breaking Israel News: ““The kings of the earth stand up, and the rulers take counsel together, against the LORD, and against His anointed.” (Psalm 2:2)

In Geneva, world powers gathered to condemn Israel’s actions in Judea and Samaria; in Luxembourg, the EU Court of Justice removed Hamas from its terror blacklist; and back in the United States, a draft resolution was introduced at the United Nations demanding an Israeli withdrawal from lands wanted for a Palestinian State by 2017.

Geneva hosted a one-day conference for the signatories to the Geneva Conventions which govern the rules of war and military occupation. 126 of the 196 parties attended Wednesday’s gathering, which adopted a declaration condemning Israel’s activities in Judea and Samaria. The 10-point declaration seeks to “emphasize that all serious violations of international humanitarian law must be investigated and that all those responsible should be brought to justice,” reported The Times of Israel.

The declaration demands that the Geneva Conventions be applied by Israel in conflict zones between Israel and the Palestinians, particularly by not building settlements in Judea and Samaria, which the Palestinians want for their own country.”

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Opinion: Behold Amalek.

Mahmoud Abbas is winning world opinion while the nations rethink whether or not Hamas is a terror organization. I cannot imagine a more prophetic scenario leading to Psalm 83.

That Abbas has succeeded in convincing the nations that the Palestinian Authority is moderate despite countless terror attacks on innocent civilians is reminiscent of his former boss Yasser Arafat.

In our book, Antichrist: The Search  for Amalek, we call Arafat Antichrist #10:

Excerpt: “The Mainstream Press Love Affair:  Tom Gross, writing for the National Review, in November 2004 summed up the mystery of the Left’s love affair with Arafat:

Arab leaders long ago stopped liking or respecting Yasser Arafat, or indeed believing a word he said. Egyptian President Hosni Mubarak once referred to him, in the presence of Secretary of State Warren Christopher, as “a son of a dog.” The Syrian defense minister called Arafat the “son of sixty-thousand whores.”

Yet until the very end, some prominent Western journalists never stopped heaping praise on him, or covering up for his countless crimes and misdeeds. It didn’t matter how many Jews, Arabs, and others died on his orders, or how many times he let down his own people, or stole from them. For these journalists, as well as for many European governments, he remained a worthy Nobel peace-prize winner and the “sole legiti- mate representative” of the Palestinian people.

To judge by some of the reporting as he lay on his deathbed in Paris—the hushed tone of the television newsreaders, the flattering touched-up portrait photos on the cover of the London Times—Arafat was a figure who deserved to be deeply revered, a kind of ailing pope.”

“Because the Lord has sworn, the Lord will have war with Amalek from generation to generation” Exodus 17:16.”

 

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Dec 182014
 

snb_2783022bZero Hedge: “Everyone thought that any major monetary policy surprises and/or capital controls today would come from Putin during his annual press conference. Boy were they wrong: just after 2 am Eastern, none other than the Swiss National Bank joined the ranks of the ECB in scrambling to stem the wave of capital flight, not to mention the cost of money, when it announced it too would start charging customers for the privilege of holding cash in its banks, when it revealed a negative, -0.25% interest rate on sight deposits: a step which according to the SNB was critical in maintaining the 1.20 EURCHF floor.

From the SNB:

  The Swiss National Bank (SNB) is imposing an interest rate of –0.25% on sight deposit account balances at the SNB, with the aim of taking the three-month Libor into negative territory. It is thus expanding the target range for the three-month Libor to –0.75% to 0.25% and extending it to its usual width of 1 percentage point. Negative interest will be levied on balances exceeding a given exemption threshold.Zero Hedge: “Everyone thought that any major monetary policy surprises and/or capital controls today would come from Putin

Opinion: This is really not complicated. Think of the US Federal Reserve (Fed) and the European Central Bank (ECB) as a bank for banks.

Bank of America, Deutsche Bank, Barclays, J.P. Morgan, and other large banks use the Fed and the ECB much as we use a bank. They store large amounts of money, called reserves, at central banks and when they need loans they can borrow directly from them.

In a normal world, banks pay depositors an interest rate and then loan these funds out to businesses and consumers at a higher interest rate for a profit. The bank’s goal is to earn a “spread”, which is the difference between the small business loan revenue of 5% and their cost to depositors of 1%. In this example, the bank would earn a spread of 4% on the total loan value (5% – 1% = 4%).

In addition, the Swiss have inched negative rates to avoid hot money flowing in from other EU nations which would drastically appreciate their currency and cause a severe disruption in exports.

The Fed has maintained a Zero Interest Rate Policy (ZIRP) for over five years in order to help repair our economy from the damage caused by the financial crisis. The goal of ZIRP was to keep interest rates so low that companies would be enticed to borrow super cheap money to hire workers and grow their businesses.

So if you are confused as to why banks find it necessary to take such drastic measures with all the positive economic news being reported, it is because the global economy, especially the EU, Russia, and China are actually incredibly weak.

And that is why the US dollar is strong; the cleanest’ shirt in the dirty laundry bag.

From a Biblical view, the Rider on the Black Horse (Revelation 6:5-6) bringing economic collapse is in view. But remember Revelation 6, the beginning of the 7 year tribulation period, comes after Revelation 4:1, the rapture.

(Thanks to Vason for editing and adding to this post)

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Dec 182014
 
Pope plays key role in historic Cuba deal

CNN: “Pope Francis — the Catholic Church’s first Latin American pontiff — celebrated his birthday Wednesday with a major geopolitical wish granted: The end of a half-century of frozen relations between the United States and Cuba. Francis, who was elected last year and turned 78 on Wednesday, acted as the chief advocate for renewing diplomatic

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Dec 172014
 
ISIL regains ground it lost in Iraq

The World Tribune: “BAGHDAD — Islamic State of Iraq and Levant has reversed its losses in northern Iraq. Iraqi sources said ISIL recaptured areas lost in the Anbar province, the largest in the country. On Dec. 13, ISIL, which controls a third of Iraq, killed at least 21 police officers when the jihadist movement seized

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Dec 172014
 
Condemning Taliban By Name Too Embarrassing For Obama

Investors Business Daily Op-Ed: The Taliban outdoes even the Islamic State in its latest atrocity extravaganza. In deploring the attack, the president conveniently omits mention of the group to which he led the U.S. in surrender. The grisly details of the Pakistan attack are a loud-and-clear reminder of who and what this enemy is: “They

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Dec 172014
 

Investors Business Daily Op-Ed: Israel: A U.N. Security Council resolution setting a deadline for Israeli retreat from land sought for a Palestinian state might as well declare the Jewish state dead. The U.S., disgracefully, is taking it seriously. Netanyahu’s forceful response is no surprise: “Israel won’t accept any unilateral, time-defined measures” and “will repulse all

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