Pre-Tribulation World Mayhem in Many Things of Concern to Man
Number 1
Manifested By Chicago Style Obama Politics In The United States
Against any Agency that exposes failures in his novice Decisions
PLUS the Middle East Mayhem Twixt Pakistan and United States
September 26, 2011
http://www.tribulationperiod.com/
The stock market will continue to go up and down like a yoyo, but one day will go down like a yoyo, and keep on falling till it hits bottom and stays there. Investors are running scared worldwide driving all yoyos up and down on, ever increasing on bits and peaces of whims and rumors. But anyone who thinks this world mayhem will have a happy ending before a Middle East war is in for a surprise.
PERILOUS TIMES INCLUDES FINANCIAL DISTRESS
II Timothy 3:1 – This know also, that in the last days perilous times shall come.
WHEN YOUR LABOR WAGES ARE GREAT YET THEY ARE’NT ENOUGH, IT IS LIKE YOU HAVE HOLES IN YOUR POCKETS AND YOU’RE MONEY SLIPPED THROUGH THE HOLES.
Haggai 1:5,6 – Now therefore thus saith the Lord of hosts; Consider your ways. [6] Ye have sown much, and bring in little; ye eat, but ye have not enough; ye drink, but ye are not filled with drink; ye clothe you, but there is none warm; and he that earneth wages earneth wages to put it into a bag with holes.
Begin Excerpt from UPI via World News
Largarde: IMF fund not enough
Published: Sept. 25, 2011 at 4:39 PM
WASHINGTON, Sept. 25 (UPI) — Christine Lagarde, head of the International Monetary Fund, warned that its $384 billion emergency bail-out fund might not be enough.
“The fund’s credibility, and hence effectiveness, rests on its perceived capacity to cope with worst-case scenarios.
Our lending capacity of almost $400 billion looks comfortable today, but pales in comparison with the potential financing needs of vulnerable countries and crisis bystanders,” she said at the annual IMF meeting in Washington.
The announcement came after a plan was revealed to increase the European Financial Stability Facility fund, The Sunday Telegraph reported.
The plan is part of a strategy to stop the European debt crisis from spiraling out of control and to prepare for a Greek default.
U.S. Tre asury Secret
ary Timothy Geithner, at a Sept. 16 Ecofin meeting, said that the banking problems in Europe were “the most serious risk now confronting the world economy.”
FIRST IMMEDIATE CONCERN
A World Concern of a Meltdown of the Euro Currency
Begin Excerpt from THE INDEPENDENT
Meltdown fears for euro as G20 makes plans for Athens to default on debt
Finance Minister signals Greece may opt for 50 per cent writedown on bonds as top economist warns Spain and Italy could be forced out of single currency
By Ben Chu in Washington and Margareta Pagano in London
Sunday, 25 September 2011
The world’s leading economic powers are moving towards an acceptance that Greece will default on up to half of its €350bn sovereign debts, according to reports from meetings in Washington yesterday. They are believed to be working on concrete plans to deal with these huge losses and their repercussions.
This news – almost regardless of any words of qualification that emerge this weekend – will have a resounding effect on the febrile markets when they open on Monday.
Unconfirmed reports circulated yesterday that G20 leaders have recognised that the Athens government cannot cope with the scale of its debt burden and that there will eventually need to be a considerable reduction in the face value of Greek debt. The Finance Minister, Evangelos Venizelos, was quoted by two Greek newspapers as suggesting that a 50 per cent writedown for the holders of Greek bonds would be the “best option”.
The priority for national policymakers now, apparently, is to contain the impact by recapitalising banks and boosting the powers of the European bailout fund by the time of the next G20 meeting in November. The global debt crisis has entered a dangerous phase.” Asked whether the G20 was preparing for Last night, the Chancellor, George Osborne, said: “There is a recognition here that a Greek default, he tried to dampen speculation by saying: “No one has put forward a plan for a Greek default.”
The reports that officials are planning for default coincided with a warning from Dr Nouriel Roubini, the economist known as “Dr Doom” since he predicted the 2008 credit meltdown, that unless European leaders beef up the resources of the eurozone bailout fund, Italy and Spain could be forced out of the euro by panicking markets.
The US economist said in an interview: “Italy and Spain are toast, unless we have a tripling or four times as much of official resources to backstop them.” In the interview with Emerging Markets magazine, he said that another global downturn is now inevitable and that the only open question is how severe it will be. “At this point the debate is not whether we’re going to have a double-dip recession or not. The double dip has started. The only question is whether we are going to have a mild recession in advanced economies or whether we’re going to have a severe recession… The answer depends on whether you can keep Italy and Spain.”
End of Excerpt from THE INDEPENDENT
SECOND IMMEDIATE CONCERN (1st Excerpt shows what started it and the 2nd shows what it has led to)
1ST Excerpt on Second Immediate Concern from BBC News & Canada
Pakistan ‘backed Haqqani attack on Kabul’
Mike Mullen
September 22, 2011
Outgoing chairman of the US Joint Chiefs of Staff Admiral Mike Mullen was speaking to a US Senate panel
The most senior US military officer has accused Pakistan’s spy agency of supporting the Haqqani group
in last week’s attack on the US Kabul embassy.
“The Haqqani network… acts as a veritable arm of Pakistan’s Inter-Services Intelligence Agency,” Adm Mike Mullen told a Senate panel.
Some 25 people died in last Tuesday’s 20-hour attack on Kabul’s US embassy and other official buildings.
Pakistan’s interior minister earlier denied links with the Haqqani group.
Rehman Malik told the BBC Pakistan was determined to fight all militants based on its border with Afghanistan.
Pakistani officials have consistently denied links with militant groups.
US-Pakistan ties deteriorated sharply after the killing of al-Qaeda chief Osama Bin Laden on Pakistani soil by US commandos in May.
‘Credible intelligence’
The Kabul attack on 13 September left 11 civilians dead, as well as at least four police and 10 insurgents.
Analysis
M Ilyas Khan BBC News, Islamabad
These comments are just the latest and most extreme in a series of statements that will be seen in Pakistan as incendiary.
They will generate concern in government circles as well as among the wider public.
Pakistanis have long been worried that the Afghan war is coming to their side of the border.
The Haqqani network – and Pakistan’s alleged relationship with it – has been a source of frustration for the US. But only today Pakistan’s interior minister denied any links. Pakistan will also be keen to remind people that it too is in the grip of terror.
In the 1980s when militants were fighting the Soviets in Afghanistan, the head of the Haqqani network was nurtured by Pakistani intelligence – and indeed
by the CIA.
Some analysts believe the links between the militants and Pakistan’s intelligence are still alive. But others say that Pakistan’s secret service no longer has control over the potent militant groups it helped create.
“With ISI support, Haqqani operatives planned and conducted a truck bomb attack [on 11 September], as well as the assault on our embassy,” said Adm Mullen.
“We also have credible intelligence that they were behind the 28 June attack against the Inter-Continental Hotel in Kabul and a host of other smaller but effective operations.”
In July Adm Mullen, who steps down this month as chairman of the US Joint Chiefs of Staff, accused Pakistan’s government of sanctioning the killing of investigative journalist Saleem Shahzad.
Pakistan called that statement “irresponsible”.
Correspondents say that during his tenure, Adm Mullen has been a forceful advocate for maintaining dialogue with Pakistan and with its military establishment.
He was said to be close to the Pakistani army’s chief of staff, Gen Ashfaq Kayani. Indeed, Adm Mullen is thought to have made more visits to Pakistan than any other senior US official or chief of staff in recent times.
But, correspondents say, the latest comments are yet more evidence of his patience wearing thin, and suggest he is prepared to be more outspoken as his term in office draws
to a close.
Strained ties
The Haqqani network, which is closely allied to the Taliban and reportedly based in Pakistan, has been blamed for several high-profile attacks against Western, Indian and government targets in Afghanistan.
It is often described by Pakistani officials as a predominantly Afghan group, but correspondents say its roots reach deep inside Pakistani territory, and speculation over its links to Pakistan’s security establishment refuses to die down.
The Haqqani network is thought have bases in Pakistan’s volatile tribal regions
US officials have long been frustrated at what they perceive to be Pakistani inaction against the Haqqani network, and analysts say US concern about the group’s capabilities is particularly acute as Nato begins withdrawing troops from Afghanistan.
Earlier this month, Washington said it could target the Haqqani network on Pakistani soil if the authorities there failed to take action against the militants.
But on Thursday, Mr Malik told the BBC that Pakistan’s government had taken “very, very strict actions” whenever it had received information about militant groups.
“We will not allow any terrorist to operate from our area, from our side, irrespective of any country, including Afghanistan,” he said. “I assure you that, if their presence is there and which is detrimental, action is going to be taken.”
Mr Malik said his government’s efforts were hindered by the fact that neither Pakistan nor Afghanistan had control over some parts of the border area between them.
“There is no biometric system on the border. Forty thousand to 50,000 people cross this border every day. It is very difficult to keep an eye on everyone.
“[The US Senate’s linking of $1bn US assistance to Pakistan to its action again Haqqani and others] will not make Pakistanis happy,” he added. “We have sacrificed 35,000 lives [in fighting terrorism] and have suffered economic losses.”
Ties between the US and Pakistan had already been strained by continuing US drone strikes targeting militants in the tribal areas and the controversy over the release of Raymond Davis, the CIA contractor who killed two Pakistani men in Lahore.
2NT Excerpt on Second Immediate Concern from Global Research via World News
Mayhem in the Middle East between US and Pakistan
Begin Excerpt 2 from Global Research via World News
Strategic Mayhem: From America’s Drone Attacks to an All Out US-NATO War on Pakistan?
By Brig. Imran Malik
The writer is a retired brigadier and former defense attaché in Australia and New Zealand.
Global Research, September 25, 2011
The US and Pakistan have an intrinsic clash of strategic interests in the South-Central Asian Region (SCAR). They have managed to remain reluctant and unwilling allies thus far in the global war on terror, but now face the moment of truth.
The issue of the Haqqani Network (HN) has assumed decisive proportions in the wake of the Taliban attack on the US Embassy and NATO headquarters in Kabul recently. The US blamed Pakistan for waging a proxy war against it and the HN and the ISI for direct involvement in this attack. They seek vengeance and just retribution. Pakistan’s assertions to the contrary have predictably been rejected. Some analysts conclude that the US-Pakistan embroilment is escalating exponentially – from a veritably Low Intensity Conflict (LIC) to a Low Intensity War (LIW) and now potentially to a full-fledged one.
Operationally, the US has a number of options/combinations to tackle this situation.
It could increase the frequency, ferocity, reach and spread of its deadly drone attacks.
It could also carry out hot pursuit operations chasing down the supposed HN militants into Pakistan or try to snatch its top leader (like one of the senior Haqqanis) a la Osama bin Laden. It could also re-energise the Tehrik-i-Taliban Pakistan (TTP) to increase violent attacks from Kunar and Nooristan into Dir and Bajaur. It could also carry out blistering strategic bombings – cruise and ballistic missile strikes on the HN hideouts and installations – collateral damage be damned! However, the worst case scenario would be if the US/NATO/ISAF/Afghan forces were to cross the Durand Line.
Pakistan will contest this incursion with matching ferocity, violence, willpower and determination. It is further likely to squeeze and block USA’s critical logistics supplies and completely stop all intelligence sharing and counter-terrorism/military cooperation with it. Once both belligerents join the battle in earnest, ironically, a point of no return will be reached, a critical threshold will be breached and a decades-old relationship would come to a sorry and unpleasant end. The biggest irony would be that in this strategic equation, despite its losses in men and material, Pakistan would be erroneously perceived to be on the HN’s side; though it would solely be defending its own territorial integrity and sovereignty! And such a perception would have dire strategic implications for it.
Were the US and Pakistan forces to get embroiled with each other it would lead to a strategic mayhem. Would the other nations in the US-led coalition also attack Pakistan? Whether they dither or attack, would there be dire implications for their relations with the US, Pakistan and in their respective internal domestic politics? In case the engagement prolongs, then the US would need to draw additional troops from within Afghanistan inviting violent Al-Qaeda and Taliban attacks on those weakened positions.
That will cause the withdrawal of US forces to be delayed beyond 2014. Could all this be a ploy for such a desired end state?
End 2 Excerpts from Global Research via World News and BBC News & Canada
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