Sunday, September 21, 2008


Haaretz: Ex-IDF chief: Israel can't avoid a military confrontation with Iran
Former Israel Defense Forces chief of staff Moshe "Boogie" Ya'alon on Sunday said Israel will not be able to avoid a military confrontation with Iran and called on the international community to stand up to Iranian President Mahmoud Ahmadinejad like they did against Adolf Hitler and Nazi Germany.

"Today, we in the West are facing the same situation, the lack of decisiveness towards a threat that is no less severe than that which Hitler posed in 1939."


Jerusalem Post: Iran halfway to first nuclear bomb

DEBKAfile: Israeli intelligence revises estimates: Iran fast progressing toward a nuclear bomb

Earlier this week: IAEA shows photos alleging Iran nuclear missile work
VIENNA (Reuters) - The U.N. nuclear watchdog showed documents and photographs on Tuesday suggesting Iran secretly tried to modify a missile cone to fit a nuclear bomb, diplomats said, and Tehran again dismissed the findings as forged.

And the world has no collective desire to do anything about it. A fourth round of sanctions is doubtful, if not impossible. Russia isn't going to play along. Israel seems abandoned by the world and by the US. Are we rushing toward Gog & Magog? If we are, Lord willing, we will see the last chapter in human existence (how's that for a thought?). What an amazing time to be alive!





Wild ride, wild week. Now what?
...for a generation, Wall Street was held up as a model for the rest of the world of strength, efficiency and transparency. But now, the country's vaunted banking system lies on the brink of ruin. Only the U.S. Treasury and Federal Reserve Board stand in the way of a total collapse with a $1-trillion (U.S.) bailout.


That price is so steep it could wreck the country's finances. At $1-trillion, the rescue would easily eclipse the savings-and-loan workout of the 1980s and 1990s. It would add roughly 10 per cent to the overall public debt of the U.S. government, punting the cost to the future.

“This financial crisis signals the beginning of the decline of the American empire,” said economist Nouriel Roubini of New York University, who has long warned that banks and regulators have hidden the severity of the crisis from investors.

“Over time, the relative economic, financial, military, geo-strategic power of the U.S., and the reserve role of the dollar will significantly decline,” Mr. Roubini said.

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