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Monday, December 12, 2016
I have to be careful in my search... - ONE FOR ISRAEL
Your news from Israel - 12 December 2016 - The Jerusalem Journal
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Revealing the Hidden Temple Vessels of Jerusalem - Video Manager BREAKING ISRAEL NEWS
Revealing the Hidden Temple Vessels of Jerusalem
In the latest video from the ARK Report project, Ark Expert Rabbi Harry H. Moskoff takes the viewer to three real sites where Temple treasures may have been buried, according to his theory.
Father Heroically Holds Son as They Plunge to Their Deaths - Israel Today
Father Heroically Holds Son as They Plunge to Their Deaths
Monday, December 12, 2016 | Israel Today Staff
A grief-stricken nation on Monday laid to rest Dr. Omri Nir and his 10-year-old son, Ilai, who were tragically killed by a fall during a hiking trip in the Judean desert.
Omri and Ilai were part of a larger group including 15 other children that set out to hike the Tze’elim Stream near the Dead Sea on Friday.
During one of the descents, Ilai lost his footing and fell onto his father before continuing to roll toward a nearby cliff.
Omri did not hesitate and leapt for his son, wrapping Ilai in a protecting embrace before they plunged into the canyon below.
A medic with the group quickly descended and found Ilai still breathing. Omri was already gone.
Two days later, following frantic attempts to complete Omri’s mission to save his son’s life, doctors at Soroka Medical Center in Beersheva were forced to declare Ilai dead.
“Now you will be together forever,” one family member was quoted as saying by Israeli media, as they prepared to lay to rest Omri and the child for whom he gave his life, little Ilai.
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Sunday, December 11, 2016
Trumphoria: Americans Are More Optimistic About The Economy Than They Have Been Since Obama’s Win In 2008 - Michael Snyder THE ECONOMIC COLLAPSE BLOG
Posted: 10 Dec 2016 Michael Snyder THE ECONOMIC COLLAPSE BLOG
Personally, I couldn’t imagine financial markets behaving this way if Hillary Clinton had won the election. Right now tens of millions of Americans are feeling deeply optimistic about the future for the first time in a very long time, and this is clearly reflected in the results of the most recent CNBC All-America Economic Survey… The CNBC All-America Economic Survey for the fourth quarter found that the percentage of Americans who believe the economy will get better in the next year jumped an unprecedented 17 points to 42 percent, compared with before the election. It’s the highest level since President Barack Obama was first elected in 2008.It is funny how our political perspectives so greatly shape our view of the future. Because Trump won, Democrats now have an extremely dismal opinion of where the economy is heading, while Republicans suddenly believe that happy days are here again. Of course the truth is that the president has far less power to influence the economy than the Federal Reserve does, and so most Americans greatly overestimate what a president can do to alter our economic trajectory. But for now most Americans (excluding Democrats) are feeling really good about where things are headed. In fact, we just learned that the University of Michigan consumer confidence survey has soared to the highest level that we have seen since 2005. And of course the financial markets continued to roll onward and upward on Friday. The Dow was up another 142 points, and it is now less than 250 points away from the magic number of 20,000. I never thought that we would actually get to 20,000, but thanks to “Trumphoria” we may actually get there before the wheels start coming off. This post-election run has really been unprecedented. The following comes from CNBC… All major indexes have been hitting record highs since the election. In fact, the Dow has notched 14 record closes since then and gains in 20 of the past 24 sessions.Wouldn’t it be great if every month during Trump’s presidency was like the last 30 days? Trump promised that we would start winning so much that we would actually start getting tired of winning, and so far we are off to a tremendous start. As I discussed yesterday, some of the biggest winners from “Trumphoria” have been the big banks… The shares of Wells Fargo, the most hated bank in America these days, soared 28% over the past 30 days, Citigroup 25%, JP Morgan 26%, Goldman Sachs, which is successfully placing its people inside the Trump administration, 37%.But is this momentum in the financial markets sustainable? Of course not. There are signs of emerging economic trouble all around us. For instance, Sears just announced that it lost 748 million dollars last quarter and that it plans to liquidate even more stores. How in the world do you lose three-quarters of a billion dollars in a single quarter? If you had employees in every store literally flushing dollar bills down the toilet all day I don’t think you could lose money that quickly. And the moment that Trump takes office, he may immediately be faced with a major financial crisis in Europe which has been sparked by the meltdown of large Italian banks. The following comes from a Forbes article entitled “Italy’s Banking Crisis Is Nearly Upon Us“… There is a high degree of probability (approaching 90%, I’d say) that Italy will experience a severe banking crisis in the next few quarters. Perhaps they can stave off the problem for a year, but something will have to be done about the banks.Unfortunately, it looks like things are about to get very real for Italian banking giant Monte dei Paschi di Siena. According to Reuters, the European Central Bank has turned down their request for more time to raise needed capital… The European Central Bank has rejected a request by Italy’s Monte dei Paschi di Siena (BMPS.MI) for more time to raise capital, a source said on Friday, a decision that piles pressure on the Rome government to bail out the lender.But most Americans have no idea what is unfolding in Europe right now. As Americans, we tend to be largely oblivious to what is going on in the rest of the world, and at this moment “Trumphoria” has gripped our nation. It is certainly not wrong to celebrate the fact that we are getting Donald Trump instead of Hillary Clinton, but let us also not lose sight of the fact that we are likely to be facing some tremendous challenges very early in 2017. |
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