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RaptureReadyNews: Jan 11-12

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12 Jan 11

Illinois Lawmakers Approve 66% Tax Hike
By a single vote, Illinois lawmakers approved a 66 percent increase to the personal income tax overnight, and soon, your paycheck will be shrinking. But as CBS 2 Chief Correspondent Jay Levine reports, Democratic state lawmakers have said the tax hike is necessary to get the state’s outstanding bills paid. Lawmakers also say cuts and spending limits will be part of the plan  

Ariports Forced to Speed Up Renaming of Runways Due to Magnetic Field Movement
Scientists say the magnetic north pole is moving toward Russia and the fallout has reached -- of all places --Tampa International Airport. The airport has closed its primary runway until January 13th to repaint the numeric designators at each end and change taxiway signage to account for the shift in location of the Earth's magnetic north pole.  

Attorney: Court punishes 'narrow' religious beliefs
"And the rationale that it used was that the child [and the mother] had religious beliefs...that were abhorrent to the father and that essentially were too narrow," says Simmons, "and that those opinions needed to be corrected...."  

Israel beckons tourists to Virgin Mary sites
Israel is inviting tourists to retrace the footsteps of the Virgin Mary, officials said Tuesday, in the latest campaign to bring Christian pilgrims to the Holy Land. A new itinerary developed by the Tourism Ministry helps tour operators plan pilgrimages to sites where the mother of Jesus Christ lived and traveled. They include her birthplace near Nazareth in northern Israel, as well as Mary's Spring and the Tomb of the Virgin near Jerusalem.  

Ateret Cohanim Official: EU Allying Itself With Hitler's Progeny
“The only thing these people have to say to the Jews of Jerusalem is to beg for our forgiveness for what they have done to us for thousands of years, culminating in the Holocaust,”  

Kuwait PM visits Iraq for first time since war
Kuwait's prime minister arrived in Baghdad on Wednesday in the first such visit since Saddam Hussein's forces invaded the oil-rich emirate in 1990, Iraqi officials and Kuwaiti state media said. Iraq's deputy foreign minister, Labid Abbawi, told AFP that Prime Minister Sheikh Nasser Mohammad al-Ahmad al-Sabah had arrived in the Iraqi capital, confirming a report by Kuwait's official KUNA news agency.  

US Aid to Israel Not Worth the ’Real Cost,’ Researcher Says
Israel is paying through the nose for US aid and would better off without it, says a researcher for the Jerusalem Institute for Market Studies.  

South Korea eyes upgrading defense deals with Israel in light of border tensions
South Korea has expressed interest in substantially expanding defense-related deals with Israel and is interested in procuring advanced weapons systems and technology, in view of its deteriorating relations with North Korea. ...The South Korean government recently decided to increase its annual defense budget by 25 percent. South Korea would like to buy from Israel mostly drones, missiles, radar and possibly also missile defense systems.  

Crab Nebula Baffles Physicists With Gamma Ray Flares
The Crab, long-considered such a steady celestial light that it was used to calibrate other sources, has now had three flare-ups where it brightened significantly in the gamma-ray range for a few days, astronomers report.  

IDF commander warns Tel Aviv will be target in next war
Exactly 20 years after Iraqi missiles fell for the first time in central Israel at the start of the first Gulf War in January 1991, the commander of the Dan region in the IDF Home Front Command says that "danger has returned to Tel Aviv. Under any war scenario, it will be hit by a large number of missiles, missiles that are precise and lethal. However, our preparedness to deal with such missiles has also improved."  

Bird Deaths In Italy
One interesting similarity... to these mass deaths is that they do not appear to have much in common in terms of cause of death, except for all situations have been explained by "officials" and Mainstream media as having a Simple Physical cause... These reports come on the heels of a string of mass animal death stories from Arkansas, Maryland, Brazil and New Zealand, which have caused many to joke or speculate that the world is on the verge of the apocalypse.  

The Fed’s QE2 Traders, Buying Bonds by the Billions
Deep inside the Federal Reserve Bank of New York, the $600 billion man is fast at work. In a spare, government-issue office in Lower Manhattan, behind a bank of cubicles and a scruffy copy machine, Josh Frost and a band of market specialists are making the Fed’s ultimate Wall Street trade. They are buying hundreds of billions of dollars of United States Treasury securities on the open market in a controversial attempt to keep interest rates low and, in the process, revive the economy.  

France is our biggest ally, declares Obama: President's blow to Special Relationship with Britain
Barack Obama has declared that France is America’s greatest ally, undermining Britain’s Special Relationship with the U.S. The President risked offending British troops in Afghanistan by saying that French president Nicolas Sarkozy is a ‘stronger friend’ than David Cameron. The remarks, during a White House appearance with Mr Sarkozy, will reinforce the widely-held view in British diplomatic circles that Mr Obama has less interest in the Special Relationship than any other recent American leader.  

Australia floods: Fears worsen for Brisbane
Up to 20,000 homes are now at risk in Brisbane, the Queensland state premier has said, as deadly floodwater surge towards Australia's third-largest city. Central Brisbane is a ghost town, with electricity cut and thousands urged to either evacuate or stay at home. West of Brisbane, the city of Ipswich is being swamped by flood waters in a situation described as "total chaos".  

EU considers increase of bail-out fund, as debt crisis rumbles on
Against a background of growing fears that the eurozone's rescue fund would be insufficient should Spain or Belgium knock on its doors, the European Union's economy chief has called for a hike in the effective lending capacity of the EU's bail-out mechanism. "We need to review all options for the size and scope of our financial backstops - not only for the current ones but also for the permanent European stability mechanism too," EU economics and monetary affairs commissioner Olli Rehn wrote on Wednesday in an opinion piece in the Financial Times.  

Iran warns upcoming talks may be West's 'last chance'
Iran on Wednesday warned that upcoming talks with the P5 + 1 nations on the Islamic Republic's controversial nuclear program could be the West's "last chance," Reuters reported. Iranian envoy to the International Atomic Energy Agency, Ali Asghar Soltanieh, said that once Iran develops the capability to make its own fuel for a medical research reactor, it may not take part in future talks in the event that the Istanbul talks with the US, China, Russia, France, Britain, Germany and the European Union fail.  

Hizbullah to quit gov't if Hariri tribunal crisis not fixed
Hizbullah and its allies plan to resign from the Lebanese Cabinet, which would topple the unity government, a senior official said Wednesday. The decision by the Iranian-backed Shi'ite group is linked to tensions stemming from the international tribunal investigating the 2005 assassination of former Lebanese prime minister Rafik Hariri. Hizbullah members are expected to be indicted by the tribunal, which will hand over its findings within "hours or days," according to a Wednesday report in Lebanese newspaper An Nahar.  


11 Jan 11

The Fed’s QE2 Traders, Buying Bonds by the Billions
Deep inside the Federal Reserve Bank of New York, the $600 billion man is fast at work. In a spare, government-issue office in Lower Manhattan, behind a bank of cubicles and a scruffy copy machine, Josh Frost and a band of market specialists are making the Fed’s ultimate Wall Street trade. They are buying hundreds of billions of dollars of United States Treasury securities on the open market in a controversial attempt to keep interest rates low and, in the process, revive the economy.  

'One poor harvest away from chaos'
'Within a decade," promised the top representative of the world's mightiest country, "no man, woman or child will go to bed hungry." Dr Henry Kissinger, at the height of his powers as US Secretary of State, was speaking to the landmark 1974 World Food Conference. Since then, the number of hungry people worldwide has almost exactly doubled: from 460 million to 925 million. And this week the airwaves have been full of warnings that the formidable figure could be about to increase further, as a new food crisis takes hold. Some experts warned that the world could be on the verge of a "nightmare scenario" of cut‑throat competition for the control of shrinking supplies.  

Mexico's "secular Taliban"
Assemblymen for the leftist Democratic Revolution Party, or PRD, which rules the capital, lashed back that the Roman Catholic Church is a desperate, antiquated institution.  

Blaming the Right for the Giffords Attack Is Pure McCarthyism
A characteristic of many contemporary minds is susceptibility to the superstition that all behavior can be traced to some diagnosable frame of mind that is a product of promptings from the social environment. From which flows a political doctrine: Given clever social engineering, society, and people, can be perfected.  

The Islamic Fantasy Zionist Jihad
Did you know that Israeli Mossad agents murdered 22 people and wounded 80 more at the Coptic Christian Church of Saints George and Peter in Alexandria, Egypt, on New Year'’s Eve? Neither did I.  

Chinese stealth fighter makes first test flight
China's prototype stealth fighter made its first-known test flight Tuesday, marking dramatic progress in the country's efforts to develop cutting-edge military technologies.  

Gates: North Korea Will Pose Direct Threat to U.S.
North Korea's development of nuclear weapons and long-range missiles poses a direct threat to the United States, Defense Secretary Robert Gates said Tuesday, a blunt assessment of the risk posed by an erratic dictatorship that considers the U.S. its foremost enemy.  

UPDATE: Giffords raises 2 fingers, gives thumbs-up
Doctors treating Arizona Rep. Gabrielle Giffords' brain wound said Monday the congresswoman was responding to verbal commands by raising two fingers of her left hand and even managed to give a thumbs-up.  

Obama urged to step up yuan pressure in Hu meeting
When President Barack Obama meets China's Hu Jintao this month, he might remind his guest of an old U.S. proverb: owe $10,000 and you have a problem; owe $10 million and the lender has a problem.  

2ND LD: N. Korea could pose direct threat to U.S. in 5 yrs
U.S. Defense Secretary Robert Gates said Tuesday that North Korea could pose a direct threat to the United States "within five years" if it continues to develop intercontinental ballistic missiles and expand its nuclear weapons capability. It is the first time that a senior U.S. official has voiced concern that North Korean nuclear missiles could reach U.S. territory within such a time frame.  

Israel 'Shocked, Insulted' as EU Calls Jerusalem a Settlement
"Calling Jerusalem a settlement is a misinterpretation, an insult to the history of the city," Israeli Foreign Ministry spokesman Yigal Palmor told the French news agency AFP. "It is incomprehensible that they are mixing questions of private rights, international law and politics,"  

Germany kills hundreds of dioxin-infected pigs
German authorities ordered hundreds of pigs at a farm slaughtered Tuesday after tests showed high levels of a cancer-causing chemical for the first time in swine, as the nation's dioxin scandal widened beyond poultry and eggs. The top agriculture official in Lower Saxony state in northern Germany called for the animals killed after tests showed illegally elevated levels of dioxin in swine at a farm in Verden known to have purchased tainted feed from the company believed to be responsible for the scandal.  

Sarkozy takes G20 case to Obama as food prices soar
French President Nicolas Sarkozy takes his campaign for greater global food price and currency stability to Washington next week when he seeks Barack Obama's support for France's goals as head of the Group of 20 powers. Soaring food prices and riots in places like Algeria offer Sarkozy ammunition to press for more coordination between G20 governments to combat wild swings in vital commodity prices as well as exchange rates versus the long-dominant U.S. dollar.  

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