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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
8/29/2013 11:01:58 AM

Bank Executive Admits to Using Bailout Funds to Buy Condo


Yahoo! Finance/Facebook - Courtesy: Facebook

In November 2008, during the depths of the financial crisis, Darryl Layne Woods, a bank executive in Missouri, applied to the United States Treasury for bailout money. His bank received $1 million.

Just days later, Mr. Woods used $381,000 of that money to buy a waterfront condominium in Fort Myers, Fla.

On Tuesday, Mr. Woods, the former chairman of Mainstreet Bank in Ashland, Mo., pleaded guiltyto criminal charges in Federal District Court in Jefferson City.

“At a time when many other Americans were losing their homes, he was siphoning off public funds to buy a luxury vacation condo in Florida,” said Tammy Dickinson, the United States attorney for the Western District of Missouri.

The investigation was led by the special inspector general for the Troubled Asset Relief Program, or Sigtarp. The office, now headed by Christy Romero, has policed the use of the bailout money since the fund was established, and has been responsible for criminal cases filed against more than 140 individuals.

Prosecutors also accused Mr. Woods of covering up the scheme. In February 2009, a week after buying the Florida condominium, he sent a letter to Neil Barofsky, then the special inspector general of Sigtarp, in response to a request for more information regarding how Mainstreet used the bailout money it received.

Mr. Woods made no mention of his real estate purchase in the three-page letter to Mr. Barofsky.

“We are a small central Missouri community bank and while I would like to be able to provide you with very specific and quantitative responses we are currently operating under the assumption that the worst scenario could occur and the TARP proceeds will provide vitally needed infusions to a bleeding patient,” Mr. Woods wrote.

Under the terms of his plea agreement, Mr. Woods must desist from any further involvement in banking. Under federal law, he is subject to a sentence of up to a year in prison. His lawyer, James R. Hobbs, did not immediately return a request for comment.


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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
8/29/2013 11:03:47 AM

Cooler Pacific Ocean May Explain Climate Change Paradox

LiveScience.com

Cooling sea-surface temperatures in the tropical Pacific Ocean — a phase that is part of a natural warm and cold cycle — may explain why global average temperatures have stabilized in recent years, even as greenhouse gas emissions have been warming the planet, according to new research.

The findings suggest that the flattening in the rise of global temperatures recorded over the past 15 years are not signs of a "hiatus" in global warming, but are tied to cooling temperatures in the tropical or equatorial Pacific Ocean. When the tropical Pacific naturally switches back into a warm phase, the long-term trends in global warming, including more steeply rising global temperatures, will likely increase, said study co-author Shang-Ping Xie, a climate scientist at the University of California, San Diego.

"The engine driving atmospheric circulation on global scales resides in the tropical Pacific," Xie told LiveScience. "When the natural cycle shifts the next time to a warmer state, we're going to see more extreme warming on the global scale." [The Reality of Climate Change: 10 Myths Busted]

A climate paradox

In early May, a carbon dioxide monitor in Hawaii recorded the proportion of carbon dioxide in the atmosphere as being more than 400 parts per million (ppm) for the first time in human history, breaking a 3-million-year-old record. (Parts per million means that, in this example, for every million molecules of air, 400 of them are carbon dioxide.) But, over the past 15 years, global average temperatures have stabilized rather than sharply increased, as previous predictions suggested they should have, mystifying climate scientists and adding fuel to the fire for climate change skeptics.

"We had this puzzle — the concentration of carbon dioxide was over 400 ppm, last year we had record summer heat waves in the U.S., record retreat of Arctic sea ice. All of these things are consistent with the general warming of the climate," Xie said. "Yet, if you plot the global temperature, you see a flattening average over the last 15 years. On the one hand, scientists are saying carbon dioxide is causing the general rise of global temperatures, but on the other hand, in recent years there is no warming, so something very strange is going on."

Xie and his colleagues set out to solve this mystery using climate models to reproduce the long- and short-term trends based on global climate records from the past 130 years. The researchers found that sea-surface temperatures in the tropical Pacific Ocean, in spite of anthropogenic or manmade effects of global warming, were key ingredients in creating the flattening global temperatures seen in the past 15 years.

"In our model, we were able to show two forces: anthropogenic forces to raise global average temperature, and equatorial Pacific cooling, which tries to pull the temperature curve down, almost like in equilibrium," Xie said.

The effect is similar to the El Niño and La Niña cycles, which are parts of a natural oscillation in the ocean-atmosphere system that occur every three to four years, and can impact global weather and climate conditions, Xie explained. El Niño is characterized by warmer-than-average temperatures in the waters of the equatorial Pacific Ocean, while La Niña typically features colder-than-average waters.

The warm and cool phases in the Pacific Ocean studied by Xie and his colleagues appear to last much longer than the El Niño and La Niña cycles. Previously, the Earth experienced cooling in the tropical Pacific from the 1940s to the 1970s, before oscillating into a warm state from the 1970s to the 1990s.

Current scientific models are unable to predict when the current cooling period will end, Xie said, but when the ocean swings back into a warm phase, parts of the planet may experience warmer temperatures.

"The equatorial Pacific Ocean is associated with distinct regional patterns, like the Pacific coast of North America," Xie said. "Because of equatorial cooling, this area has not been warming as rapidly as before, but when the equatorial Pacific shifts into a warm state, those regions might expect rapid warming, on the order of 2 degrees Celsius [3.6 degrees Fahrenheit] over 15 years."

Implications for a warming planet

Scientists have known that the eastern equatorial Pacific Ocean takes in a significant amount of heat from the atmosphere, but this new study suggests this small portion of the world's oceans could have a big influence on global climate, said James Moum, a professor of physical oceanography at Oregon State University in Corvallis, Ore., who was not involved with the new study.

While the models used in the study rely on some assumptions (for instance, the researchers set the sea-surface temperature to what is observed, rather than computing the temperatures, as would be done in a numerical model), Moum called the research "a brave experiment."

"It provides a physical basis for the current global mean temperature leveling off, while at the same time, points to this equatorial cold tongue as being the major driver for that," Moum told LiveScience.

There are still many unknowns about how this warming and cooling in the Pacific Ocean interacts with man-made greenhouse gas emissions to change the Earth's climate.

"We had El Niñolong before we had anthropogenic forcing — they occur independently of man-made forcing, certainly," Moum said. "Whether they're amplified by it is another question. The flip side of the story is that if this part of the ocean has an outside influence when it cools, it's going to have an outside influence when it warms. It's definitely suggested in the paper that this is a cause for concern."

The detailed findings of the study were published online today (Aug. 28) in the journal Nature.

Follow Denise Chow on Twitter @denisechow. Follow LiveScience @livescience, Facebook & Google+. Original article on LiveScience.


Global warming halt? Not so fast...


New research may explain why average temperatures have stabilized despite increased greenhouse-gas emissions.
Likely culprit


"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
8/29/2013 4:03:19 PM
Onslaught to begin when UN inspectors leave?

UK: Syria attack would be legal, justified


Britain's Prime Minister David Cameron leaves 10 Downing Street in London, to be driven to the Houses of Parliament for a debate and vote on Syria, Thursday, Aug. 29, 2013. Britain's opposition Labour Party has indicated it may not support even a watered down version of a government resolution on Syria. Labour leader Ed Miliband said Thursday he is unwilling to give Prime Minister David Cameron a "blank check" for conducting possible future military operations against Syria. (AP Photo/Matt Dunham)

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LONDON (AP) — Britain's leaders said Thursday it would be legal under humanitarian doctrine to launch a military strike against Syria even without authorization from the United Nations Security Council.

Prime Minister David Cameron's office said the legal conditions have been met for taking action against Syria for allegedly launching a chemical attack against civilians in a Damascus suburb last week. The British leader has been at the forefront of calls for action, but his push is expected to be slowed by objections from the opposition Labour Party and a stand-off at the U.N.

Cameron's office released intelligence and legal documents meant to bolster the case that chemical weapons were used by the Syrian government and that retaliation would be justified. The documents were made public in advance of a debate in the British Parliament.

The Labour Party will oppose the resolution in Parliament, according to a party official who spoke on condition of anonymity ahead of Labour leader Ed Miliband's announcement.

In addition to a legal summary, Downing Street released the Joint Intelligence Committee assessment that concludes it was "highly likely" that the Syrian government was responsible for the chemical weapons attack on Aug. 21 that killed hundreds of civilians.

Jon Day, chairman of the Joint Intelligence Committee, says in the report that assessments indicate the Syrian government had already used chemical weapons on a smaller scale since fighting escalated in 2012.

"A clear pattern of regime use has therefore been established," he said.

Cameron's office said "The judgment of the Joint Intelligence Committee is that a chemical weapons attack did occur in Damascus last week; that it is highly likely that the Syrian regime was responsible; that there is some intelligence to suggest regime culpability; and that no opposition group has the capability to conduct a chemical weapons attack on this scale," said a summary released by Cameron's office.

Syrian officials have denied responsibility for the chemical assault.

The British legal report indicates the basis of Cameron's assertion that military action against Syria would be permissible under international law even if it is not specifically authorized by the U.N. Security Council.

Britain has proposed a resolution to authorize the use of military force, but Russia and China remain firmly opposed and there is no indication of whether it will ever be put to a Security Council vote. British officials did not expect the resolution to be endorsed given the staunch opposition.

"The government's position on the legality of any action makes clear that if action in the U.N. Security Council is blocked, the U.K. would still be permitted, under the doctrine of humanitarian intervention, to take exceptional measures including targeted military intervention in order to alleviate the overwhelming humanitarian suffering in Syria," the summary states.

It says the three necessary requirements for "humanitarian intervention" have all been met: There is convincing evidence of extreme, large scale humanitarian distress; there is no practical alternative to the use of force if lives are to be saved; and the use of force must be proportionate and aimed at relieving a human crisis.

The report says the Syrian regime has been killing its civilians for two years — with reported deaths passing 100,000 — and can be expected to use chemical weapons repeatedly unless action is taken.

This position that a strike would be legal has been rejected by some legislators who say they can only back the use of force if the Security Council has approved it.

The intelligence committee said there was no credible intelligence to suggest the attack was faked by opposition forces and that no rebel group had the capability for such a large-scale chemical attack.

Syrian officials Thursday took the unusual step of writing to British legislators denying any role in the attack. In a letter to his counterpart in London, Jihad Allaham, speaker of the Syrian People's Assembly, invited British legislators to come to Syria to investigate the attack.

He implored British legislators to oppose the use of force in Thursday's vote: "We ask you to stop the rush to reckless action," he said, asserting that a military strike would breach international law.

Cameron has already bowed to Labour Party demands that Parliament be required to vote a second time before any military strike against Syria would be launched.

Labour leader Miliband insists that any military actions must be delayed until after the report of a United Nations inspection team is heard. The inspectors plan to leave Syria Saturday after collecting evidence about the alleged chemical attack.

_______

Associated Press writer Raphael Satter in London contributed to this report.


U.K.: Attack on Syria would be legal, justified


Britain says a military strike would be allowed under humanitarian doctrine, even without U.N. authorization.
'Highly likely' Assad responsible


"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
8/29/2013 4:19:29 PM
In time for Armageddon?

Russia sending warships to the Mediterranean: report


The "Moskva", a Russian rocket cruiser, moors at Havana's harbour, on August 3, 2013. Russia will "over the next few days" be sending an anti-submarine ship and a missile cruiser to the Mediterranean as the West prepares for possible strikes against Syria, the Interfax news agency said on Thursday. (AFP Photo/Adalberto Roque)
AFP

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Russia will "over the next few days" be sending an anti-submarine ship and a missile cruiser to the Mediterranean as the West prepares for possible strikes against Syria, the Interfax news agency said on Thursday.

"The well-known situation shaping up in the eastern Mediterranean called for certain corrections to the make-up of the naval forces," a source in the Russian General Staff told Interfax.

"A large anti-submarine ship of the Northern Fleet will join them (the existing naval forces) over the next few days.

"Later it will be joined by the Moskva, a rocket cruiser of the Black Sea Fleet which is now wrapping up its tasks in the northern Atlantic and will soon begin a Transatlantic voyage towards the Strait of Gibraltar."

In addition, a rocket cruiser of the Pacific Fleet, the Varyag, will join the Russian naval forces in the Mediterranean this autumn by replacing a large anti-submarine ship.

However, the state-run RIA Novosti news agency cited a high-ranking representative of the naval command who said the changes to the country's forces in the region were not linked to the current tensions over Syria and called them "a planned rotation."


Russia sending warships to crisis region


An anti-submarine ship and a missile cruiser will head to the Mediterranean as tensions grow over Syria, a report says.
Conflicting explanations



"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
8/29/2013 5:34:26 PM

Report: US Attack On Syria To Begin Saturday

Thursday, August 29, 2013 7:50


Onslaught to begin when UN inspectors leave

Paul Joseph Watson
Infowars.com
August 29, 2013

A reporter with Israel’s most widely read newspaper has been told by defense establishment officials that a US-led attack on Syria will begin on Saturday and end when Barack Obama meets Vladimir Putin on Wednesday.

Despite an apparent softening in rhetoric as British Prime Minister David Cameron faces a parliamentary revolt over military intervention, in addition to reports that the intelligence against Assad’s regime is by no means a “slam dunk,” Israel Hayom reporter Amir Mizroch tweets that the attack will begin on Saturday immediately after UN inspectors have left the country.

British and American military might is now fully in place and prepared for strikes which experts say will take the form of Tomahawk land-attack cruise missiles fired from warships or submarines.

Mizroch also highlights remarks made by former Mossad director Danny Yatom, who says that the apparent delay on green lighting military strikes is only so Bashar Al-Assad can’t use the UN inspectors as human shields.

Mizroch was also told that Israel sent Assad a message via Russia threatening that if Syria attempts to attack Israel, Damascus will be targeted and Assad’s regime will be toppled.

___________

'For the Love of Humanity'?


"Choose a job you love and you will not have to work a day in your life" (Confucius)

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