Aug. 24, 2015
Dow down over 1,000 after the open.
Thirteen out of 18 western-European markets in correction.
Ten-year Treasury yields dropped below 2 percent for the first time since April as plummeting stocks and commodities boosted demand for the safest assets.
European stocks are heading for their worst plunge since 2008, with Germany’s benchmark gauge set to enter a bear market.
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing just as supplies from the U.S. and Iran threaten to swell a global surplus.
The pension-funding crisis undermining the stability of Illinois and Chicago is rippling through hundreds of smaller governments, squeezing budgets as officials prop up teetering police and fire retirement funds.
South Korean President Park Geun Hye’s crisis-management skills are being tested as she faces a military standoff with North Korea that risks exacerbating turmoil in the country’s financial markets. Park is trying to prevent tensions with Kim Jong Un’s government from erupting into open conflict while shoring up the economy from a market selloff that sent the Korean won to a four-year low and drained more than $900 million from Korean equities in a week
Sony Corp. plans to offer commercial drone services targeting the construction, logistics and agriculture industries from the first half of next year.
Iran plans to raise oil production “at any cost” to defend the country’s market share and backs calls for an emergency OPEC meeting to help shore up crude prices.
AP Top Stories
Wall Street plummeted early Monday — with the Dow falling more than 1000 points — as traders aggressively sold stocks and bid-up only the safest asset classes.
Ten people were killed while thousands fled to higher ground as powerful typhoon Goni brought torrential rains to the northern Philippines, triggering landslides and floods.
Researchers returned on Sunday from mapping and sampling a massive swirling cluster of trash floating in the middle of the Pacific Ocean, as the Dutch-borne crew works to refine a clean-up strategy it will roll out globally. The crew of the Ocean Cleanup, backed by volunteers in sailboats, ventured to areas of the “Great Pacific Garbage Patch”, a swirling mass of human-linked debris spanning hundreds of miles of open sea where plastic outnumbers organisms by factors in the hundreds.
South Korea’s president vowed “no retreat” in a tense military standoff with North Korea, and insisted Pyongyang apologize as the two rivals struggled to negotiate their way out of the crisis.
The companies behind extramarital-affairs website Ashley Madison are facing a new $578 million lawsuit in response to a hack that released information of about 39 million users.
The Chinese oil rig at the center of last year’s standoff between China and Vietnam over oil exploration in the South China Sea has completed drilling of a well not far from Vietnam’s coast.
Second cancers are on the rise. Nearly 1 in 5 new cases in the U.S. now involves someone who has had the disease before.
Israel charged an ultra-Orthodox man with murder for stabbing a 16-year-old girl to death and wounding five others at a Gay Pride parade, as he lashed out at homosexuality in court.
Long lines of migrants, many of them refugees from Syria, snaked through southern Serbia by foot on Monday before jumping on trains and buses north to Hungary and the last leg of an increasingly desperate journey to western Europe.
Lingering health problems afflicting many of the roughly 13,000 Ebola survivors have galvanized global and local health officials to find out how widespread the ailments are, and how to remedy them.
Burundi security forces used iron bars and acid to force confessions and crush opposition during President Pierre Nkurunziza’s successful bid for a third term in office, Amnesty International said.
The American Medical Association denounced it in the 1990s. President Obama condemned it in April. Now, Illinois has banned gay conversion therapy, the process of attempting to change a person’s sexual orientation, for minors.
Three Americans and a Briton who foiled a suspected terror attack on a train have received France’s top honour from President Francois Hollande. Mr Hollande presented Spencer Stone, Alek Skarlatos, Anthony Sadler and Briton Chris Norman with the Legion d’honneur at the Elysee Palace. Two other unnamed passengers will receive the honor at a later date.
Islamic State militants have destroyed Palmyra’s ancient temple of Baalshamin, officials said.
Two Ashley Madison clients reported to have taken their lives after hackers published their details – Canada police
A British man who got lost in a remote part of Australia says a life-saving SOS message he wrote in the sand was “one of those moments of inspiration”. The 63-year-old was rescued after two days, with police saying the written cry for help probably saved his life.
Stock markets across the US and Europe have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors.
A public high school in San Francisco has introduced a “gay” history class that may become a model for schools nationwide, if homosexual-rights groups have their way. The class may be just the beginning.
There was no halftime show at Mississippi’s Brandon High School – the marching band had been benched. The band was ordered off the field because the Christian hymn “How Great Thou Art” was a part of their halftime show – in violation of a federal court order.
Top News – 8/24/2015
Stocks attempt comeback: Dow cuts losses after falling 1,089
In afternoon trading, the Dow climbed back from the early morning plunge and was down 280 points, or 1.7%. The Standard & Poor’s 500 index dropped as much as 100 points as it dipped into correction territory — which is defined as a drop of 10% or more — before cutting its losses to about 35 points, or a drop of 1.9%.
Harbinger man: The time is now to prepare
“We have been deluged with people calling, emailing, asking questions from all over the country, wanting to know what’s happening. So we decided to put out a video,” Cahn told WND via email.
Turkey’s Erdogan expected to call new elections
Turkish President Recep Tayyip Erdogan was expected on Monday to formally call new elections for November 1 and re-appoint Prime Minister Ahmet Davutoglu to form an interim administration, a day after the deadline passed for establishing a government following Turkey’s inconclusive election in June.
The ‘insiders’ are freaking out about Trump, and that’s too bad
What the insiders don’t get is that Trump’s bombastic style, and occasionally over-the-top pronouncements, tap into a rejection of the whole failed, gridlocked, special-interest-driven system. And that’s in part why his street talk is important.
The Big List Of 33 Things That Are Going To Happen In September 2015
Is September 2015 going to be a month that changes history? For months, there has been an unprecedented amount of buzz all over the Internet about what is going to happen in September. And without a doubt, we are going to witness a convergence of events during that month that is quite remarkable.
80 percent chance of cyclone near Windward islands
A low pressure system over the Atlantic Ocean, midway between Africa and the Windward Islands, has an 80 percent chance of becoming a tropical cyclone over the next 48 hours, the US National Hurricane Center (NHC) said on Monday.
‘Jihadi John’ Vows to Return to Britain and ‘Cut off Heads’
The Islamic State’s (ISIS) infamous beheader Mohammed “Jihadi John” Emwazi said on a video that he will return to his native Britain to “carry on cutting heads off,” the London Daily Mail reported Sunday.
Security Minister Wants to Outlaw Temple Mount Rioters
If the defense minister signs a declaration to this effect, security forces will have a freer hand against the rioters. Erdan has been carrying out behind-the-scenes staff work in the past few weeks, together with police, the Israel Security Agency (ISA, or Shin Bet), the State Attorney’s Office and even the Attorney General, who has agreed to help advance the declaration.
Great fall of China sinks world stocks, dollar tumbles
Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked
Weakening Danny to Bring Beneficial Rain to Caribbean
With Danny weakening and still approaching the northern Caribbean Islands, it may be just what the doctor ordered for the drought-stricken region.
POTENT SUNSPOT FACES EARTH
Sunspot AR2403 has a ‘beta-gamma-delta’ magnetic field that harbors energy for strong solar flares. Moreover, the behemoth sunspot is directly facing Earth.
Islamic State accused of using mustard gas in the battle around Aleppo in Syria
Militants from Islamic State of Iraq and the Levant (Isil) have been accused of using mustard gas in the battle around Syria’s shattered second city of Aleppo. Doctors working in Marea…said they had treated more than 30 patients with suppurating blisters in the wake of Isil shelling. The jihadist militants have launched a series of small-scale chemical attacks on Kurdish forces in Iraq in recent weeks…
Cruz’s evangelical outreach shifts into high gear
Sen. Ted Cruz, who has assiduously courted evangelicals throughout his presidential run, will take a lead role in the launch this week of an ambitious 50-state campaign to end taxpayer support for Planned Parenthood… More than 100,000 pastors received e-mail invitations…to participate in conference calls with Cruz on Tuesday in which they will learn details of the plan to mobilize churchgoers in every congressional district beginning Aug. 30.
Global shares plunge as Chinese losses rattle markets
Stock markets in London, Paris and Frankfurt have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors. London’s FTSE 100 index was down by 2.6% in morning trade, while major markets in France and Germany lost nearly 3%. Shares in Asia were hit overnight, with the Shanghai Composite in China closing down 8.5%, its worst close since 2007.
South Africa rand hits all-time low against the dollar
South Africa’s currency has fallen to an all-time low against the US dollar. It briefly hit a rate of 14 rand to the dollar amid concerns about the strength of the Chinese economy, reports the Reuters news agency. Economies that rely on the sale of commodities – such as South Africa’s – have been hit by the slowdown in growth in China, a major source of demand.
Tel Aviv share prices fall steeply after Shanghai shock
Stock prices were falling again on Monday morning on the Tel Aviv Stock exchange. After losing 4.1% on Tuesday, the Tel Aviv 25 Index is currently down a further 3.33%… In an attempt to calm the markets…the Chinese government announced yesterday that for the first time it would allow local pension funds to invest in the stock market.
With many Ebola survivors ailing, doctors evaluate situation
Lingering health problems afflicting many of the roughly 13,000 Ebola survivors have galvanized global and local health officials to find out how widespread the ailments are, and how to remedy them.
Chinese shares drop in dramatic free-fall
Chinese shares continued their sharp fall on Monday as concerns over the country’s slowing growth and volatile markets sparked panic among traders. The mainland benchmark index, the Shanghai Composite, fell sharply by 8.4% to 3,211.75 points, extending last week’s sharp losses.
IS blows up temple in Syria’s Palmyra: antiquities chief
Islamic State militants on Sunday blew up the ancient temple of Baal Shamin in the UNESCO-listed Syrian city of Palmyra, an official said, the latest in a series of cultural relics to be destroyed by the jihadist group.
Too soon for ‘illogical’ U.S. to return to Tehran: Iran
Iran’s foreign minister said on Sunday it was too early to talk of reopening the U.S. Embassy in Tehran, as Britain restored its diplomatic mission four years after protesters ransacked the British ambassador’s residence.
As North, South Korea hold marathon crisis talks, Seoul talks tough
South Korean President Park Geun-hye talked tough on Monday, demanding that North Korea apologize over a recent landmine incident, even as the bitter rivals held marathon negotiations in a bid to defuse tensions that have brought the peninsula to the brink of armed conflict.
Blast rips through building at US military depot in Japan
A blast ripped through a warehouse at a US military post near Tokyo early Monday, according to Japanese officials and the Pentagon, triggering a fire, but no injuries had been reported.
Top Headlines – 8/24/2015
1) Ohio bill banning Down Syndrome abortions exposes shame of America for permitting such deaths
Ohio Bill Would Ban Abortion if Down Syndrome Is Reason, New York Times (Tamar Lewin)
2) Marches against Planned Parenthood across the nation on Saturday contained thousands
Thousands protest outside Planned Parenthood clinics around the country, Washington Post (Peter Holley)
Thousands Rallied To Defund Planned Parenthood. This Is What They Look Like., Think Progress (Erica Hellerstein)
3) Coalition opposes faith-based organizations receiving any federal funds in secular state
Critics petition Obama to abolish faith-based hiring bias, Religion News Service (Adelle Banks)
REQUEST FOR REVIEW AND RECONSIDERATION OF JUNE 29, 2007 OFFICE OF LEGAL COUNSEL MEMORANDUM RE: RFRA, Americans United for the Separation of Church and State
4) North Korea shifts time zone in effort to assert independence from Japan and entire world
North Korea to Move 30 Minutes Backward to Create Its Own Time Zone, New York Times (Choe Sang-Hun)
As North, South Korea hold marathon crisis talks, Seoul talks tough, Reuters (Jack Kim and Ju-Min Park)
In other news…
Iran reopens embassy in London as Britain does the same in Tehran, The Guardian (Ian Black)
Alek Skarlatos: off-duty soldier who tackled train gunman, The Telegraph (Rob Crilly)
French train gunman ‘dumbfounded’ by terrorist tag, Reuters (Marine Pennetier and Catherine McDonald)
UK Orders Google to Censor Links to Articles About “Right to Be Forgotten” Removals, Slate (Mark Joseph Stern)
The GOP’s Birthright Citizenship Flip-Flop, Politico (Tom Donnelly)
August 24, 2015
“The true theory of our Constitution is surely the wisest and best, that the states are independent as to everything within themselves, and united as to everything respecting foreign nations. Let the general government be reduced to foreign concerns only, and let our affairs be disentangled from those of all other nations, except as to commerce, which the merchants will manage the better the more they are left free to manage for themselves, and our general government may be reduced to a very simple organization, and a very inexpensive one — a few plain duties to be performed by a few servants.” —Thomas Jefferson, letter to Gideon Granger, 1800
TOP RIGHT HOOKS
|Stone, Skarlatos and Sadler|
When the French are in trouble, they can always count on the American military. Granted, this military victory was on a much smaller scale, but it was a good one nonetheless. Airman First Class Spencer Stone, Oregon National Guard Specialist Alek Skarlatos (recently returned from deployment in Afghanistan) and their friend Anthony Sadler subdued a would-be jihadi mass murderer on a French train Friday. On vacation and having just changed cars for a better WiFi signal, the three were in prime position to stop Ayoub El-Khazzani, a 26-year-old Moroccan national who was on French radar for supposed radical Islamist activity. El-Khazzani boarded the train with a pistol and an AK-47 with the obvious intent to kill as many people as possible. But before he could, Stone, Skarlatos and Sadler rushed him and wrestled him to the ground. “He seemed like he was ready to fight to the end. So were we,” Stone said later. British businessman Chris Norman said he was inspired by their bravery and joined to help, binding the jihadi’s hands with a tie. Stone nearly lost his thumb to El-Khazzani’s box cutter, but as a trained medical technician he first turned his attention to another wounded passenger. Skarlatos gave his account of the takedown: “I just looked over at Spencer and said, ‘Let’s go!’ Spencer got to the guy first, grabbed the guy by the neck, and I grabbed the handgun, got the handgun away from the guy and threw it. Then I grabbed the AK, which was at his feet, and started muzzle thumping him in the head with it.” And some guys do just need a few thumps in the head. It’s nice to see members of the American military there to do the job, even on a day off in France. The three Americans and their British compatriot were made French knights and awarded the Legion of Honor medal, France’s highest decoration.
Earlier this month, the EPA accidentally dumped three million gallons of toxic sludge into the Animas River in Colorado. EPA Chief Gina McCarthy apologized, saying, “[W]e’ve committed to a full review of exactly what happened to ensure it can never happen again.” Well, documents released Friday indicate the EPA not only knows exactly what happened but it knew in advance what could happen. Prior to the accident, according to an EPA report from June 2014, “This condition has likely caused impounding of water behind the collapse. In addition, other collapses within the workings may have occurred creating additional water impounding conditions. Conditions may exist that could result in a blowout of the blockages and cause a release of large volumes of contaminated mine waters and sediment from inside the mine, which contain concentrated heavy metals.” Some of the reports, however, were redacted by EPA officials, which itself leads to other questions. First among them is why it took the EPA 24 hours to notify anyone of the accident, especially given they knew the danger ahead of time. Finally, McCarthy gave the good news Friday that the “river is restoring itself.” But when was the last time the EPA said that about an accident caused by a private company?
For the last few years, the Chinese economy, the second largest in the world, was a cornerstone of the world market. This year, the Chinese government wanted to expand the economy by 7%. But its economy went sideways from their communistic plans, and the world markets — and American investments — are riding a greased slide. When the markets opened this morning, the Dow Jones Industrial Average first plummeted 1,000 points, but then rebounded about half that by the time we went to press. The markets are volatile — as Bloomberg political reporter Phil Mattingly pointed out, the Down dropped 780 points when the House first rejected the Troubled Asset Relief Program in 2008. This downturn has the potential to affect the U.S. economy for months, if the only reason being that the Federal Reserve Bank may walk away from its plan to raise interest rates later this year. Like it or not, the economy run by communist China and ours are linked. Fraser Howie, who co-wrote a book about the Chinese economy, told The Wall Street Journal, “The world is starting to realize China is not nearly as competent as thought, especially in the economic sphere where everyone gave it good grades.” While it’s tempting to sell, to get out of the stock market licking some heavy losses, Ron Lieber, who writes the Your Money column for The New York Times, notes that those who invest in the stock market play a long-term game. Bailing out after a shaky weekend will most likely erase years of growth that could have been regained by simply riding the markets out.
FEATURED RIGHT ANALYSIS
By Arnold Ahlert
Perhaps the adage, “Oh what a tangled web we weave, when first we practice to deceive” has never had greater meaning than right about now — at least for as many as 38 million people.
Ashley Madison, a website for adulterers, markets itself with the slogan, “Life is short. Have an affair.” The site recently had its database breached last month by hackers calling themselves the Impact Team (IT). Avid Life Media, which owns the Toronto-based cheating site, was given a simple message: shut down your site or “[w]e will release all customer records, profiles with all customers’ secret sexual fantasies, nude pictures, and conversations and matching credit card transactions, real names and addresses, and employee documents and emails.” IT allegedly wanted the site shut down for two reasons. First, the group claimed Ashley Madison was keeping customer data on file even when clients paid a $19 fee to have it removed. Second, IT insisted the company was creating fake female profiles for its nearly 90% male database.
Ashley Madison insisted those claims were inaccurate and refused to close. Last Tuesday, IT fired its first salvo, posting a 10-gigabyte file containing 28 million unique email addresses. A second dump occurred Thursday when 20 gigabytes were released, outing a list of cheaters that included Vatican workers, Big Apple bureaucrats, an English parliamentarian and at least one reality-TV star. Other users were from Harvard and Yale, the United States Postal Service, NASA, IBM, Bank of America, JPMorgan, Amazon and the White House (and we know there’s never been cheating there before).
Ashley Madison released an amusing statement, calling the hack “an act of criminality” and an “illegal action against the individual members of [the Ashley Madison website], as well as any freethinking people who choose to engage in fully lawful online activities.” No doubt describing would-be adulterers as “freethinking people” is in perfect alignment with today’s cultural norms, where adding a shiny new coat of morally relative paint to formerly execrable behavior is now standard operating procedure. Yet one suspects the victims of such freethinking, as in spouses and children, might be inclined towards more traditional values.
An equally amusing statement was released by Defense Secretary Ash Carter, who promised us that the military services will be looking into the more than 15,000 email addresses potentially hosted on government and military servers because, he insisted, “conduct is very important. We expect good conduct on the part of our people.”
The military is only part of the government equation. According to the Associated Press, which traced the accounts exposed by the hackers back to federal workers, connections to the site emanated from “two dozen Obama administration agencies, including the departments of State, Defense, Justice, Energy, Treasury, Transportation and Homeland Security. Others came from House or Senate computer networks.” More specifically, two assistant U.S. attorneys, an information technology administrator in the Executive Office of the President, a trio of Justice Department employees, including a division chief, an investigator and a trial attorney, and two DHS employees, including a government hacker and a U.S. counterterrorism response team member, were exposed.
As for good conduct, such aspirations stand in stark contrast to reality. At the Environmental Protection Agency (EPA), a top-level employee caught watching pornography on his work computer — which contained 7,000 pornographic files — has yet to be terminated because the “administrative process” for such removal can take as long as two years. At the VA, only one person has been fired more than a year after it was discovered veterans were literally dying before they could get appointments, even as waiting lists for those appointments were being manipulated. Thousands of government employees signing up for adultery?
Don’t hold your breath waiting for the restoration of good conduct.
In fact, 38 million people looking for love in all the wrong places suggests society is in deeper trouble than we might imagine. While adultery is an age-old problem, one is hard-pressed to imagine it has always been as widespread (at least in America) as the numbers here suggest. Moreover, there is a new element in play: complete randomness. One is not having an affair with someone they already know or met face to face but shopping for a commodity much like any other online “purchase.”
Perhaps technologically enabled convenience makes such randomness inevitable, but also adds to the cheapening of values that is accelerating at a sickening pace. It should be noted that while this story has captured the public’s attention the latest Planned Parenthood (PP) sting video — revealing the harvesting of an intact brain from a baby boy whose heart was still beating following his abortion — remains largely below the mainstream media radar. That’s because in the midst of these barbarous revelations, 16 journalists were thrilled to accept PP’s Maggie Awards for Media Excellence. “Maggie” is short for PP founder Margaret Sanger, the Hitler-supporting racist who stated in 1921 that eugenics is “the most adequate and thorough avenue to the solution of racial, political and social problems.”
In a society where values are cheap and cheating is rampant, it stands to reason that being “unfaithful” to one’s readers is at least as easy as being unfaithful to one’s spouse.
A nation marinating itself in cheap values also goes a long way towards explaining why Hillary Clinton — a proud Margaret Sanger award recipient in her own right — remains a viable presidential candidate. The journey between living a lie and supporting a congenital liar for president is perilously short. In fact, the template for such support was established by Bill Clinton, characterized as “a president with a rare ability to compartmentalize his psyche,” when an equally bankrupt media sought to minimize his adulterous affair with Monica Lewinsky.
This is one American with no sympathy at all, not just for cheaters, but for those monumentally stupid enough give any information to a website promoting adultery. If there is one additional revelation emerging from this scandal, aside from increasing levels of cultural degradation it represents, it is a lesson: The term “secure website” is rapidly becoming an oxymoron. In other words, if one is going to cheat, one may have to do it the old-fashioned way — or maybe not at all.
MORE ORIGINAL PERSPECTIVE
- ANALYSIS: Is Russia Priming for a Late-Summer Ukrainian Offensive?
- Bobby Jindal Wins This Week’s Social Media Debate
- July’s ‘Record Warmth’ Is Much Ado About Nothing
- Did QE Work? Not Exactly.
- Taxes Could Cause ObamaCare Subsidy Loss
- The Hillary Clinton Email Scandal: Supercuts Edition
- Humor: Hidden Server
BEST OF RIGHT OPINION
- Scott Powell: The Quiet Revolution: How the New Left Took Over the Democratic Party
- Peggy Noonan: A Campaign Full of Surprises
- Todd Starnes: School Band Told to Stop Performing ‘How Great Thou Art’
For more, visit Right Opinion.
- Joe Biden Is Leaning Toward Entering Presidential Race
- Harry Reid Endorses Nuclear Deal With Iran
- Detroit Residents Answer Police Chief’s Call to Arms
OPINION IN BRIEF
Peggy Noonan: “Mrs. Clinton often quotes Eleanor Roosevelt to the effect that a woman is like a tea bag — you never know how strong she is until she gets in hot water. But it’s been noted here that Hillary is the only tea bag that brings the hot water with her. There is always an air of furtive corruption; she dodges the press and then trolls them. [Last] week’s classic moment came when Ed Henry of Fox News persisted in asking whether she had wiped her private email server: ‘What, like with a cloth or something?’ For all her experience, she still evades and stonewalls awkwardly.”
The Gipper: “We must always ask: Is government working to liberate and empower the individual? … Or does it seek to compel, command and coerce people into submission and dependence?”
Great question: “Businesses must ‘follow the law’ and bake a cake but cities can ignore law and be ‘sanctuaries’ for those who enter illegally?” —Dana Loesch
“I absolutely do believe that [the Center for Medical Progress has] violated laws in terms of how they secured these videos. But the fraud is also in how they have presented them and in the editing. … I’m not a lawyer — but everything is on the table when you look at these videos and the fraud and the conspiracy behind it.” —Planned Parenthood Executive Vice President Dawn Laguens
We’re all just one big happy family: “Islamic State’s goal isn’t primarily about money or sex, but about sending the message that they are creating an Islamic utopia, following the practices of the era of the Prophet Muhammad. … Our horror at this self-conscious neo-medievalism should teach us a lesson about the evolution of our beliefs and what it means to be modern. Begin with the sober acknowledgment that we aren’t light years ahead of Islamic State — more like a century and a half.” —Harvard University professor Noah Feldman
Village Idiots: “[The Hillary Clinton email scandal] is, in fact, manufactured partly by a press that’s bored and partly by the Republicans. Here’s the deal. She did not break any rules, she did not break any policy. … She can’t be blamed for this. So I look at this as the usual press frenzy, the pack journalism, and I think it’ll go away, because there’s no sense to it.” —Howard Dean
Missing the point: “We pretend with the election of Barack Obama that we’re in some kind of post-racial society, and, of course, you know, we’re not! The Onion magazine got it right when he was inaugurated. It said ‘Black man given worst job in world.’” —documentary filmmaker Ken Burns
Late-night humor: “According to a new survey, 17 percent of adult smartphone owners use auto-deleting apps like Snapchat and Wickr. ‘Yeah, uh, that’s what happened!’ said Hillary Clinton.” —Seth Meyers
Semper Vigilans Fortis Paratus et Fidelis!
Managing Editor Nate Jackson
Join us in daily prayer for our Patriots in uniform — Soldiers, Sailors, Airmen, Marines and Coast Guardsmen — standing in harm’s way in defense of Liberty, and for their families.
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One Man’s Perspective: Obama a Shi’ite Muslim
I will admit that I think he is a Muslim, but, until I saw an article that said two different sources say he is a Shiite, it never occurred to me that Pres. Obama might prefer the Shiite religion. The article said Pres. Obama’s father, Barack Hussein Obama Sr., was a Shiite Muslim in a mostly Sunni country (Kenya).
If the statement is true, several things that I have found confusing are suddenly making sense. I Googled, “Was Pres. Obama’s father a Shiite?” to check it out and found several articles on the subject. Of course, there are people who call it a conspiracy theory, but it is important to look at some of the facts.
World Markets Plunge
World stocks and oil prices plunged Monday as a global sell off accelerated on worries about the health of China’s huge economy.
Denver City Council halts Chick-fil-A’s airport operation because its owners believe the Bible
But it’s not about that for what appears to be a majority of the Denver City Council. It’s about gay marriage, and the now airtight requirement that anyone doing business with the government must not agree with 1 Corinthians 6:9-10. It makes no difference if all you do is sell chicken sandwiches, which has nothing to do with homosexuality. If you’re like Chick-fil-A, and your owners have made it clear they believe the Bible, you’re not running concessions at the DIA:
“We are in the midst of a full-blown growth scare,” strategists at JP Morgan Cazenove said in a note.
LONDON – Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.
European stocks were more than 5 percent in the red and Wall Street was braced for similar losses after Asian shares slumped to 3-year lows as a three month-long rout in Chinese equities threatened to get out of hand.
Oil plunged another 4 percent, while safe-haven government U.S. an German bonds and the yen and the euro rallied as widespread fears of a China-led global economic slowdown and currency war kicked in.
“It is a China driven macro panic,” said Didier Duret, chief investment officer at ABN Amro. “Volatility will persist until we see better data there or strong policy action through forceful monetary easing.”
Many traders had hoped that such support measures, which could include an interest rate cut, would have come from Beijing over the weekend after its main stocks markets slumped 11 percent last week. With serious doubts also now emerging about the likelihood of a U.S. interest rate rise this year, the dollar slid against other major currencies.
The Australian dollar fell to six-year lows and many emerging market currencies also plunged, whilst the frantic dash to safety pushed the euro to a 6-1/2-month high above $1.15.
“Things are starting look like the Asian financial crisis in the late 1990s. Speculators are selling assets that seem the most vulnerable,” said Takako Masai, head of research at Shinsei Bank in Tokyo.
As commodity markets took a fresh battering, Brent and U.S. crude oil futures hit 6-1/2-year lows as concerns about a global supply glut added to worries over potentially weaker demand from the normally resource-hungry China.
U.S. crude was last down 3.6 percent at just below $39 a barrel while Brent dropped to $43.74 a barrel to take it under January’s lows for the first time.
Copper, seen as a barometer of global industrial demand, tumbled 2.5 percent, with three-month copper on the London Metal Exchange also hitting a six-year low of $4,920 a tonne. Nickel slid 6 percent to its lowest since 2009 too at $9,570 a tonne.
GREAT FALL OF CHINA
The near 9 percent slump in Chinese stocks was their worst performance since the depths of the global financial crisis in 2007 and wiped out what was left of the 2015 gains, which in June has been more than 50 percent.
With the latest slide rooted in disappointment that Beijing did not announce expected policy support over the weekend, all index futures contracts slumped by their 10 percent daily limit, pointing to more bad days ahead.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 5.1 percent to a three-year low. Tokyo’s Nikkei ended down 4.6 percent and Australian and Indonesian shares hit two-year troughs.
“China could be forced to devalue the yuan even more, should its economy falter, and the equity markets are dealing with the prospect of a weaker yuan amplifying the negative impact from a sluggish Chinese economy,” said Eiji Kinouchi, chief technical analyst at Daiwa Securities in Tokyo.
Just as worrying was evidence that developed markets were becoming synchronized with the troubles. London’s FTSE with its large number of global miners and oil firms, was down for its 10th straight day, its worst run since 2003.
The pan-European FTSEurofirst 300 was last down 5 percent at 1,355 points, wiping around 400 billion euros ($460.16 billion) off the index and taking its losses for the month to more than 1 trillion euros.
U.S. stock futures also pointed to big losses for Wall Street’s main markets, with the S&P 500, Dow Jones Industrial and Nasdaq expected to open down 3.6, 4.0 and 4.9 percent respectively. It is likely to tip the S&P 500 and Nasdaq formally into ‘correction’ territory – meaning stocks, at their lows, are 10 percent off their 52-week highs.
“We are in the midst of a full-blown growth scare,” strategists at JP Morgan Cazenove said in a note. source
A former adviser to Gordon Brown has urged people to stock up on canned goods and bottled water as stock markets around the world slide.
Damian McBride appeared to suggest that the stock market dip could lead to civil disorder or other situations where it would be unreasonable for someone to leave the house. “Advice on the looming crash, No.1: get hard cash in a safe place now; don’t assume banks & cashpoints will be open, or bank cards will work,” he tweeted.
“Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.
“Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.”
Mr McBride credited his former boss Gordon Brown with preventing a cataclysm by nationalising the banking system during the 2008 crash.
“We were close enough in 2008 (if the bank bailout hadn’t worked),” he said. “and what’s coming is on 20 times that scale”.
Financial markets are unstable and periodically suffer crises which can have devastating consequences for the wider economy. The Shanghai Composite Index, China’s most important stock market index, was down 8.45 per cent, erasing a year’s gains in a day’s trading.
Advice on the looming crash, No.1: get hard cash in a safe place now; don’t assume banks & cashpoints will be open, or bank cards will work.
— Damian McBride (@DPMcBride) August 24, 2015
The FTSE100 fell 4.5 per cent, hoping £60bn off the price of UK shares, and the Dow Jones in the US fell by over a thousand points in its first minute of trading.
Some analysts have suggested that the stock market slide could be the start of a new global financial crisis. source
A person who is willing to kill another person for the sake of preserving their own prosperity or emotional health is declaring that their life is supreme
“…but this is your hour, and the power of darkness.” Luke 22:53 (KJV)
With the release of the Planned Parenthood videos, abortion sympathizers are upping their Satanic game. At a Chicago Planned Parenthood protest, speakers apparently located inside the clinic broadcast “horror music” at pro-life advocates in an effort to drown them out. That seems civil compared to the Satanic Temple of Detroit’s latest antics, in which Satanists poured milk all over women, allegedly simulating the oppression of breast milk and motherhood. The video is bizarre, with women acting like they’re choking in front of praying Christian protestors:
The Satanists adhere to such edifying statements of principle as “Satan represents indulgence instead of abstinence!” and “Satan represents all of the so-called sins, as they all lead to physical, mental, or emotional gratification!” They also declare that man is “just another animal.” It’s hard to imagine a more appropriate set of doctrines for the rutting life of the sexual revolution, where restraint is evil, physical experience is king, and people are simply sentient mammals trying to get the best out of life. A baby is thus no more sacred — and often less — than any other animal. Just ask Cecil the Lion.
While the vast, vast majority of abortion-rights supporters don’t identify with Satanists and would recoil from comparison with the Church of Satan, prominent Satanist involvement in the abortion debate does have a clarifying effect. A person who is willing to kill another person for the sake of preserving their own prosperity or emotional health is declaring that their life is supreme — their existence is at the center of all things. This is the core of Satanist theology. So when Satanists declare their creeds, they strike uncomfortably close to the rotten core of the abortion-rights regime. Moreover, the secular Left truly has been radicalized outside the American mainstream if it’s willing to gleefully identify with the worshipers of Baphomet.
It’s all fun and games until the public starts to identify a movement by its more prominent public supporters, of course. For years abortion-rights advocates have delighted in blasphemy, doing their dead-level best to shock sidewalk counselors, nuns, priests, and other pro-life advocates. For years their horrible behavior has largely been hidden from public view, as the media shamelessly covers for their obscenity. source
Posted: 24 Aug 2015 07:36 AM PDT
The Dow is on pace for a record drop today, falling about 1,000 points at the opening bell amid a global sell-off. At one point, the Dow Jones industrial average fell more than 1,000 points in early trading — the biggest point drop since 2008 — but recovered some losses during the late morning when the blue-chip index was down about 700 points. The Dow had its worst day in four years on Friday, losing about 530 points — down 3.1 percent — at the close of New York trading that day.
Shares continued to plunge today related to concerns about China’s slowdown and other economic concerns. Mark Zandi, chief economist with Moody’s Analytics, said American households with stock or retirement investments shouldn’t run for the exit yet. “Most importantly, the average investor should not panic,” Zandi said. “If you are invested in stocks, you should have an investment horizon of at least four to five years and should look through any market volatility.” FULL REPORT
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|North Korea forward deploys amphibious landing crafts carrying special forces
Posted: 24 Aug 2015 05:59 AM PDT
War rhetoric in North Korea continues to accelerate as new reports indicate that North Korea has deployed amphibious landing crafts carrying special forces to the frontline as the country keeps up its tight combat readiness despite on-going inter-Korean talks to defuse military tension, military sources said Monday.
About 10 North Korean air-cushioned landing crafts have left their home base in Cholsan, North Pyongan Province, and come forward to a naval base, located about 60 kilometers north of the Northern Limit Line, the de facto inter-Korean border in the Yellow Sea, the sources said. “Since North Korea declared a semi-war state, its invasion vehicles and forces have been actively moving,” one of the sources said. Source
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|US manufacturing index collapses to lowest point in nearly 2 years as global stocks plummet
Posted: 24 Aug 2015 05:49 AM PDT
In keeping with falling financial markets in the world’s biggest economies – the U.S., Europe and China – American manufacturing is also taking a hit, as even adjusting economic figures seasonally, often used as an accounting trick by Uncle Sam to put lipstick on a pig, cannot hide the obvious.
As reported by Zero Hedge, a few weeks after the July ISM (Institute for Supply Management) manufacturing report measured its lowest since March, the Markit manufacturing PMI (Purchasing Managers Index) was also released, coming in at just 52.9, below the expected index of 53.8 and down from last month’s 53.8, as you can see from the chart below. “This was the lowest level since October 2013 and the biggest miss in exactly 2 years, with output, new orders and employment all expand at slower rates in August; Markit adds that ‘Input cost inflation picks up fractionally, but remains well below the survey average,’” FULL REPORT
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|“We Are Now in a Full On Market Crash”
Posted: 24 Aug 2015 05:37 AM PDT
Financial analyst Clive P. Maund asserts that we are now witnessing a “full on market crash” and that the Dow could see drops of up to a thousand points on a daily basis. The Dow Jones lost 6% last week, tumbling more than 1,000 points, the worst fall since 2008, but according to technical analyst Maund, that is only the beginning. With fringe investors only just realizing the delusion of establishment financial media claims that the collapse was just a temporary “correction,” the rush to the exit will now become a stampede.
“When a market tips into a crash on a Friday, what typically happens is that the thousands or even millions of investors who believed the mainstream media and didn’t see it coming spend the weekend “stewing” over their investments – and many of them decide to bail out come Monday,” writes Maund.“Thus we may see a massive down day tomorrow, possibly the worst of the crash phase, and it would not be that surprising to see the Dow Jones Industrials drop by 800 – 1000 points in one day, perhaps even more. Remember that the Dow Jones Industrials “only” dropped 3% on Friday, which is no big deal by the standards of past crashes,” he adds. FULL REPORT
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|Colorado court declares business owners have no First Amendment rights and must support gay marriage
Posted: 24 Aug 2015 05:31 AM PDT
The First Amendment to the U.S. Constitution both recognizes and establishes some of the most basic of our rights, including the right to speak freely, to assemble in protest, to maintain a free and open press and to worship any deity we choose (or none at all). But in modern times, it has become clear that some rights are being elevated over others – that some rights are being considered more important, more weighty, when it comes to interpretations by judges who seem more interested in adhering to a political ideology rather than our founding principles.
That is the only way one can interpret a recent decision by the Colorado Court of Appeals, which recently sided with a gay couple over the Christian religious and free speech rights of a store owner. As reported by CBS Denver, the couple, Charlie Craig and David Mullins, had sued Jack Phillips of Lakewood – owner of Masterpiece Cakeshop – for refusing to bake them a wedding cake. In his 2012 refusal, Phillips cited his religious beliefs, noting that the Christian religion does not sanction homosexuality, let alone same-sex marriage. He therefore chose not to craft a cake with a message in support of gay marriage, in accordance with his religious beliefs and his right to free speech. FULL REPORT
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|Federal probe is launched into the mysterious deaths of 30 Whales in the Gulf of Alaska
Posted: 24 Aug 2015 05:20 AM PDT
A federal agency has announced plans for a more intense investigation into what caused the deaths of 30 large whales since May in the western Gulf of Alaska. NOAA Fisheries declared the deaths an ‘unusual mortality event,’ triggering a new-level investigation starting on Thursday that brings with it access to additional resources.
The agency said the deaths are about three times the historical average for the region. Julie Speegle, a spokeswoman for NOAA Fisheries in Alaska, said a leading hypothesis for the deaths is harmful algal bloom toxins but she noted that there currently is no conclusive evidence linking the two. Officials have only been able to get samples from one of the 30 whales. Teri Rowles, NOAA Fisheries’ marine mammal health and stranding response coordinator said that large-scale whale deaths are among the toughest to investigate, partly because the carcasses often are floating, rarely beached and difficult to access for examination. FULL REPORT
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|Global Market bloodletting continues as the sell-off has officially reached historic levels
Posted: 24 Aug 2015 05:11 AM PDT
The global market bloodletting continues as the sell-off has officially reached historic levels. Following Friday’s mind-numbing 530-point sell-off in the Dow, which sent the blue-chip index into a correction, US stock market futures are plummeting again. Dow futures are down 413 points. S&P futures are down 47 points. Nasdaq futures are down 160. And the sell-off is across asset classes, worldwide.
China’s Shanghai Composite crashed 8.5% in what is now being dubbed China’s “Black Monday.”
European stock markets are getting obliterated, with Germany’s DAX falling into a full-blown bear market.
Every stock in Britain’s FTSE 100 is in the red.
The CBOE Volatility Index, or the “fear index,” has gone parabolic spiking over 45%.
And in an ominous sign for the global economy, commodity prices have plunged to their lowest levels since 1999.
The selling is being attributed to any number of things, perhaps including China’s slowdown, renewed uncertainty in Greece and the rest of the eurozone, the stronger dollar, the prospect of higher interest rates, stretched valuation, etc. FULL REPORT
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|UK City Councilman Seeking Crackdown on Street Preachers: It Is ‘Improper’ to ‘Talk About Morality’
Posted: 24 Aug 2015 05:05 AM PDT
A city councilman in the U.K. who is seeking to crack down on street preachers, buskers and those who engage in commerce in the public streets says that preachers are wrong to talk about morality in the open air and to make their hearers feel “insecure” with their preaching. The Christian Institute reports that Manchester Councillor Pat Karney made the comment after the organization asked him to clarify whether the city council plans to place restrictions on street preachers as part of his goal to reduce public “nuisances.”
“The Christian Institute has long supported the rights of street preachers and has funded several legal cases where local authorities or the police have unlawfully interfered with those rights,” the organization wrote in a letter to Karney. In the Manchester Evening News, Karney addressed the Christian Institute’s letter, after discussing his primary goal of dealing with vendors without required permits and musicians who play on the street. FULL REPORT
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|Are Stock Markets Setting Up For A New ‘Black Monday’?
Posted: 24 Aug 2015 05:01 AM PDT
The major U.S. stock market indices finally corrected after a 9-month sideways trend. The ‘big’ news this week for stocks was undoubtedly that the four indices all closed below their 200-day moving average, which IS an important breakdown. The key observation on the chart below, is the violation of the steep uptrend (highlighted with the rising green dotted line), which started with the announcement of the ‘QE infinity’ program in the autumn of 2012.
We have marked the violation of the uptrend with a red circle. Make no mistake, this is a major event, with potentially a big impact! Even more so, when we consider recent market conditions and the fierce pullback, things are setting up a lot like the week before the horrific ‘Black Monday’ in 1987, when the Dow Jones Industrial took a punch of -22%! FULL REPORT
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|Shemitah Cycle Picking up Pace!
Posted: 24 Aug 2015 04:55 AM PDT
In this segment we will discuss the understanding of the “Shemitah Cycle” and how we are seeing this cycle accelerate at an alarming rate and headed for a Climax in Mid-September! Will he see a massive Economic Collapse or will it be averted by Repentance and Turning of the Nation back to God?
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Only Two Religions!
I don’t know if you know this but there are only two religions in the entire world.
You might say I’m nuts. There are hundreds if not thousands!
But there is one religion that likes to put on hundreds if not thousands of different masks on, and so ultimately there are only two: the religion of Human Achievement and the religion of Divine Accomplishment.
You see Islam, Mormonism, Buddhism, Catholicism, Judaism and every single religion that you have ever heard of, ultimately teaches some form of a works-based salvation. They say that you have to be a little more good than bad in order to make it to heaven. These religions encourage you to hand God a resume when you face Him one day. The resume will be filled with all your accomplishments. It will list everything you’ve done for other people, every penny you’ve given to charity and every good deed you’ve done. God will look over this resume and say, “Good job! You’ve made it into heaven”.
The problem is that if you were to enter into heaven because of a resume based on your accomplishments God would get no glory; you would be the one who gets all the praise. In fact, Ephesians 2:9 would say that salvation is not of works lest you should boast! Genesis chapter one shows us that God created the entire universe including you. Everything He created is designed to bring Him glory. The problem is that sin has entered the world, and from birth we all have replaced exalting God with exalting ourselves. Everything we do from birth is geared towards bringing us glory and bringing praise to ourselves. We all have a throne in our hearts that God should be sitting and reigning on, but instead we are born with ourselves sitting on it. We are so used to it we don’t even notice it to the point where we all think that our resumes are good enough to get us into heaven.
Of course we are going to think that we are good people! Of course my mom is going to tell me I’m a good person! But what does your Creator think? He says in Romans 3:23 that we all have sinned and fall short of His glory. He also says in Romans 6:23 that the wages of sin is death. So if we stand before God and start listing accomplishments or hand Him a resume we might as well slap Jesus in the face because God is going to look at the resume and say, “I killed my only Son because you were not good enough to get to me!”
And that’s where the only other religion comes in.
The religion of Divine Accomplishment. God saw your situation, and decided that since man was so sinful and could not save himself, that He would come Himself and take the form of a man. He humbled himself, spent nine months in a womb he created, grew up with every temptation you and I face every day, but without sinning. He then died on the cross for our sins, and then rose from the dead and defeated death. He made it possible for human beings to stand before God one day and not hand Him a resume and condemn themselves further, but rather, tell God that they deserve His wrath but have placed their faith and trust in the work that Jesus did on their behalf on the cross and through His resurrection.
You see we need someone to be a substitute for us because no matter how hard we try, we can never bridge the gap between God and us. And the substitute can’t be merely a human. It must be God Himself.
Do you see the difference between Christianity and every other religion?
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“My Last Day” — the Jesus Anime
9 powerful minutes of animation that begins with a thief behind bars watching the scourging of Jesus, and it ends with the thief dying next to Jesus, and waking to see Him in a beautiful place.
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Who do you think that I am?
With that brief question Jesus Christ confronted His followers with the most important issue they would ever face. He had spent much time with them and made some bold claims about His identity and authority. Now the time had come for them either to believe or deny His teachings.
Who do you say Jesus is? Your response to Him will determine not only your values and lifestyle, but your eternal destiny as well.
Consider what the Bible says about Him: Read more
Look to Jesus
Have you ever felt a little lost and wished there was a quick-start guide to your relationship with God? This is it!
30 Day Next Steps
John Beckett, a leading Christian businessman, has written a series to read over 30 days for new believers.
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