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SEPTEMBER 8, 20121

THE TRUMPET WEEKLYS E P T E M B E R 8 , 2 0 1 2

Insisting on a six-day working week forGreece, will the EU soon enforce this

on all member states?

G introduce a six-day working week, or loseits bailout money, Greeces creditors said, according to

a letter leaked to the Guardianand published September .Tis demand means Greeks would have to work Saturdayand rest on Sunday as theyre orced to conorm to theteachings o the Catholic and Orthodox churches, regard-less o their personal belies.

Te Guardianreported that the letter orders the gov-ernment to extend the working week into the weekend.It was sent last week to Greeces finance and labor minis-tries. An excerpt rom the letter published by the Guard-iancalled on the government to increase the number o

maximum workdays to six days per week or all sectors.Te letter is rom the troikaGreeces three main

creditors who oversee its bailout program: the EuropeanCommission, the European Central Bank and the Interna-tional Monetary Fund. Tey also called or Greece to takeseveral other steps to make working hours more flexibleand to cut labor market regulation.

Teir demand or a six-day week would mean thatworkers would be pushed to work on Saturday, not Sunday.Greek law already orbids working on Sunday. It states:Employees are entitled to a minimum continuous periodo rest o at least hours per week,

Closed: Last Synagogue in Egypt 2

Iran Seizing Major Iraqi Banks 3

Saudi Oil Drying Up 3

Democrats Fumble Israel and God 10

Is the EU About to Enforce SundayWorship in Greece?

BY RICHARD PALMER

see SUNDAY page 12

PATRICK HERTZOG/AFP/GETTY IMAGES

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SEPTEMBER 8, 20122THE TRUMPET WEEKLY

MIDDLE EAST

Iran Eager to Further Develop Ties With EthiopiaFARS NEWS AGENCY | September 6

I D Foreign Minister Amir Mansour

Borqeyee underscored ehrans enthusiasm or the urtherexpansion o relations and cooperation with the Aricannations, specially Ethiopia.

Borqeyee made the remarks in a meeting with EthiopianDeputy Prime Minister and Minister o Foreign AffairsBerhane GebreKristos. He also expressed Irans readinessto strengthen cooperation with Ethiopia in various fieldsbased on mutual respect.

Borqeyee underlined the need or mutual consulta-tions and continued exchange o views between the two

countries officials or urther expansion o cooperation

and solving regional and international issues.GebreKristos, or his part, said Iran and Ethiopia have

always had amicable relations, and underlined the posi-tive decision and approach o the Ethiopian government toexpansion o ties with Iran.

ehran has prioritized promotion o its economic andpolitical ties with the Arican states and the country is nowconsidered as one o the Arican Unions strategic partners.Iran is also an observing member o the AU and has shownan active presence in previous AU summit meetings.

saety and security o those wanting

to attend the synagogue. Dayan toldYnet: Tis year there have been some

violent demonstrations in Alexandria,and they [sic] are araid to take re-sponsibility over peopleWe are try-ing to organize a quorum, but becauseo the security-related situation weare not really succeeding. We are stillin touch with the Egyptian securityorganizations and are trying to makesome progress.

Sectarian tensions across Egypt

have been heightened ever since lastyears revolution, with Christianminorities bearing the brunt o the

violence.One o the unintended consequenc-

es o the Arab Spring is the guaran-tee o security long assured by theregions old dictators; it has been castaway by the tide o popular unrestsweeping the region.

Te power vacuum and instabilitycaused by the overthrow o Mubarakempowered Salafist and Brother-

hood activists who increasingly stokesectarian tensions. Last October, whenChristian activists took to the streetso Cairo to protest their mistreatment,they were first involved in scuffleswith radical Islamists beore thearmy moved in. During the resultingcrackdown, more than Christianprotesters were killed and more than injured. It marked one o the mostbloody and shameul sectarian epi-sodes in Egypts recent history.

Tis kind o instability has meant

the Jewish presence in Egypt hassteadily declined over much o the lastcentury

Te news that Egypts last syna-gogue, the Eliyahu Hanavi, will nowbe unable to hold services effectivelybrings an end to any remaining sem-blance o Jewish lie in Egypt. Tis issomething which should concern not

just Jews, but Muslims too, as it epito-mises growing intolerance and perse-cution o a minority. Where religious

anatics have started by persecutingminorities, it has not been long beorethey turned on their own, accusingthem o irreligiousness, heresy andinsidious betrayal. Te religious ree-doms o all Egyptians are in peril.

U.S. Carrier StennisEn Route to IranTyler Durden,

ZEROHEDGE | September 5

B early July we wrote thatcontrary to expectations, vet-

eran Middle Eastern aircraf carrierCVN- Stennis would end its shoreleave ar earlier than expected, and beredeployed back to its usual stompinggrounds just off Iran months ahead oschedule. As o days ago, the Sten-nis has quietly departed Naval BaseKitsap-Bremerton and is off. It will

join CVN- Enterprise (which isdoing its last tour o duty ever beore

Closed: Last Syna-gogue in EgyptGATESTONE INSTITUTE | September 7

W anatics havestarted by persecuting minori-ties, it has not been long beore theyturned on their own, accusing them oirreligiousness, heresy and insidiousbetrayal. Te religious reedoms o allEgyptians are in peril.

Fears or the uture o religious mi-

norities in Egypt were accentuated lastweek when it was announced that thelast synagogue in the country wouldbe closed down. Te Eliyahu HanaviSynagogue, which had operated inAlexandria, was the last unctioningcenter o Jewish lie in the country. Itis now clear that its cavernous halls,built in the nineteenth century, willnot be open to worshippers hoping tomark Rosh Hashana and Yom Kippurservices this year.

raditionally, the synagogue has

been managed by an Israeli rabbio Egyptian descent who requentlyreturns to the country to lead ser-

vices there. Although there are manysynagogues around Egypt, the one inAlexandria is the only active one, theothers having been turned into touristsites.

Tis year, as Rabbi Avraham Dayanwas making preparations or the HighHolidays he was told that the Egyptianauthorities could not guarantee the

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being decommissioned) and CVN-Eisenhower in the Arabian Sea, aka offthe coast o Iran.

Tis will be one o the only timesin history when the U.S. has had threeaircraf carriers in close proximity to[Iran]. Expect Stennis to reach Iran in the third week o September.

Saudi Oil Well Dries UpAmbrose Evans-Pritchard,

TELEGRAPH | September 5

I C is right, Saudi Arabia willcease to be an oil exporter by , arsooner than previously thought.

A -page report by Heidy Rehm-an on the Saudi petrochemical indus-try should be sober reading or thosewho think that shale oil and gas have

solved our global energy crunch.I dont wish to knock shale. It is a

Godsend and should be encouragedwith utmost vigor and dispatch .But it is or now plugging holes inglobal supply rather than coveringthe uture shortall as the industrialrevolutions o Asia mature.

Te basic pointcommon to other

Gul oil producersis that Saudi localconsumption is rocketing. Residentialuse makes up percent o demand,and over two thirds o that is air-conditioning.

Te Saudis also consume litersper head per day o waterthe worldsthird highest (which blows the mind),growing at percent a yearand mosto this is provided rom energy-guz-zling desalination plants.

All this is made ar worse across the

Gul by uel subsidies to placate restivepopulations.

Te Saudis already consume aquarter o their . million barrels aday o crude output. Tey are usingmore per capita than the U.S. eventhough their industrial base as a shareo is much smaller.

Te country already consumes all

its gas. (Neighboring Kuwait is nowimporting gas rom Russia .)

Tis may concentrate a ew mindsin the kingdom. Te country isalready planning an GW nuclearblitz though they are woeully shorto nuclear power experts. It has bighopes rom solar projects based onsuccesses o solar arms in Caliornia.Both nuclear and solar would allow itexport more o its oil output.

While I dont wish to judge the

Iran Seizing Major Iraqi BanksGEOSTRATEGY DIRECT | September 5

T U States has concluded that Iran is taking overIraqs financial community.Te U.S. reasury Department, in cooperation with the

intelligence community, is tracking Iranian takeovers omajor Iraqi banks and other financial institutions. Officials

said the ehran regime, through Iraqi nationals, is evadingU.S. and United Nations sanctions through routing undsthrough Baghdad.

Te Iraqi Elaph Islamic Bankis accused o acilitating transac-tions worth millions o dollars byIranian banks that are subject tosanctions.

Tis has been very profitableor the Iraqis, and they are beingsupported by the highest levels inthe government, an official said.

In July, the reasury Depart-

ment imposed sanctions on IraqsEla Islamic Bank or conductingtransactions or Irans energy andmilitary sectors. Tis marked thefirst time that the administrationo President Barack Obama imposed sanctions on Iraqor allegedly helping the eheran regime. It aci litatedtransactions worth millions o dollars on behal o Iranianbanks that are subject to sanctions or their links to Iransillicit prolieration activities, Obama said.

Malikis government is right in the middle o this, aormer senior U.S. intelligence official told the New York

imes.Other officials said Ela was one o at least our Iraqi

banks and financial institutions helping ehran. Tey saidIrans Islamic Revolutionary Guard, with a huge presencein Iraq, was also using money-changers, or hawala, inBaghdad and other major cities.

Whenever we have detected successul efforts by Iran to

abuse Iraqi territory to circumvent sanctions, we have beenclear and orthright with the Iraqis to try to work through

the issues, State Departmentspokeswoman Victoria Nulandsaid on August . But this issomething we all have to continueto work on.

So ar, the Obama administra-tion, overseeing more than billion in U.S. weapons deals,has acted with caution towardIraq. Te president has discussedreports that Baghdad allowed Iran

to fly weapons through Iraqi airspace to neighboring Syria as wellas serving as a ront or Iranianprocurement. Tere is a eelingthat i Washington pushes even a

little bit, Al Maliki will go straight into the arms o Iran,another official said.

Gen. Martin Dempsey, the chairman o the Joint Chieso Staff, went urther. Dempsey, who visited Baghdad inAugust, said Iraq would come under much greater pres-sure by ehran should the regime o Syrian PresidentBashar Assad collapse. My judgment is that i Irans posi-

tion erodes in Syria, they will try to increase it in Iraq,Dempsey said.

The most powerful [Islamic] country in theMiddle East is IRAN. Can you imagine the powerthey would have if they gained control of Iraq,the second-largest oil-producing country in theworld? ... Such a move would, in all likelihood,give Iran power to cause a sizable increase inthe price of oil. This could help trigger a collapseof the Western worlds weak currencies. This inturn could cause Europe to quickly unite into the

most powerful economic bloc in the world. Thatvery event is prophesied to occur in your ownBible!] Is Iraq About to Fall to Iran?

GERALD FLURRY, TRUMPET,DECEMBER 1994

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claims o this reportI merely passit on to readers since I dont knowenough about the Saudi systembut itis yet another piece o evidence point-ing to peak cheap oil.

Jeremy Leggett, the head o the UKaskorce on Peak Oil and Energy Se-curity, says Britain is sleepwalking into

a potential disaster by ailing to pre-pare ul ly or a global supply crunch.

Te reusal to listen to warning sig-nals is comparable to the complacencyin the build-up to the financial crisis,he argues, but with graver implica-tions or the British economy.

I agree.

TW I N B R I E F

n Sparks fly in high-level meetingbetween U.S. and IsraelOn Friday o last week, the Israelinewspaper Yediot Ahronot ran aront-page story reporting on a recentmeeting between Benjamin Netanyahuand Dan Shapiro, Americasambassador to Israel, and MikeRogers, a Republican congressmanand the chairman o the HouseIntelligence Committee. Here are a ewsnippets rom the article, translatedby Te Blaze and printed under thetelling headline, Te Conrontation:

Netanyahu, according to a sourcewho participated in the meeting, wasparticularly surly and stressed. At

the start o the meeting, he openedwith a sharp attack on the Obamaadministration which according tohim has not done enough on theIranian issue. Instead o effectivelypressuring Iran, Obama and hispeople are pressuring us not to attackthe nuclear acilities, he said, and

then moved on to a harsh criticism othe administrations pronouncementsindicating there is stil l room ordiplomacy. Te time has run out, hesaid resolutely. For many years now,the rumpethas been warning aboutan inevitable split in the ormerlyrock-solid U.S.-Israel relationship.Bible prophecy says that in the endtime, this historic brotherhood wouldbe severed (Zechariah :).

n Egypt: Female newscaster

wears hijabNewsreader Fatima Nabil deliveredthe evening news last Sunday wearingthe Muslim hijab headscar. It markedthe first time that a woman has wornthe Islamic veil on the state televisionchannel since its first program airedin . Wearing the veil during anewscast had been banned or decadesunder the regime o ormer PresidentHosni Mubarak. Egypts new,Islamist-dominated government lifed

the ban, and many secularists are nowworried that the new governmentwill enorce an increasingly strict

adherence to Islam. Many Westernanalysts saw the all o Mubaraksgovernment as a positive developmentand a doorway to democracy in Egypt.Te rumpet, however, warned ornearly years that Egypt was notdestined or democracy, but a sharpturn toward Islamic radicalism.

n Germany selling submarinesto EgyptGermany has agreed to sell twosubmarines to Egypt, Egyptiannewspaper Al-Ahram reported August. Te German government hasreused to confirm or deny the sale.Al-Ahram quoted the commander inchie o the Egyptian Navy, Osamaal-Gindi, as saying: We have agreedto a deal with Germany to procuretwo submarines o the latest

Class. Israeli newspapers report thatthe Israeli government is not happyabout the sale, and that relations withGermany are now strained. Germansquiet Middle East policy is to build analliance to conront Iran, primarilyusing arms sa les. Its already involvedin deals with Saudi Arabia and Qatar.Following the Arab Spring, Egyptsallegiance is more flexible. Tis armssale is a German attempt to bringEgypt into its anti-Iranian alliance.

Germanys efforts will ail, howeverthe rumpethas orecast or years thatEgypt will a lly with Iran instead.

EUROPE

Brinkmanship: SpainWarns Over BailoutAmbrose Evans-Pritchard,

TELEGRAPH | September 4

S issued a veiled warningthat it will not accept a ull bail-

out rom Europe i the terms are tooharsh, a move that would paralyze theEuropean Central Bank and call theeuros survival into question.

In an escalating game o brinkman-ship, Spanish Finance Minister Luisde Guindos said his country is not yetwilling to sign a memorandum givingup fiscal sovereignty to EU inspec-tors. First o all, one must clariy the

conditions, he told German newspa-per Handelsblatt.

Mr. de Guindos said the crisisengulfing the region is larger than anyone country and warned north Europenot to scapegoat Spain. My colleagues

are aware that the battle or the eurowill be ought in Spain. Spain is rightnow the breakwater or the eurozone,he said, adding that solidarity wouldbe well-advised.

Te warning comes as GermanChancellor Angela Merkel leaves orMadrid or talks with Premier Maria-no Rajoy to thrash out the conditionso a ull sovereign rescue o up billion ( billion), beyond the billion bank rescue already agreed.

Te s executive board met todayto prepare crisis proposals or the gov-erning councils meeting on Tursday,including a yield band to lower bor-rowing costs or Spain and Italy.

Te has tied its hands under

an implicit deal with Germany, an-nouncing that it cannot proceed untilSpain and Italy request help rom theeurozones bailout unds and submitto tough conditions.

Germany now seems ully behindthe bond plan o chie MarioDraghi. Jorg Asmussen, Germanys board member, said today thatbond purchases are necessary to savethe euro and, thereore, within thebanks mandate.

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Do You Still Want Us Jews?DER SPIEGEL | September 5

C K, the ormer head o the CentralCouncil o Jews in Germany, wrote a stinging editorialon Wednesday attacking the circumcision debate, callingtalk o a Jewish revival a sham and wondering whether shewas right to spend her adult lie deending Germany.

Germany has been debating the rights and wrongs ocircumcising inant boys ever since a German court ruledin June that the ritual, a core part o the Jewish religion,was unlawul.

Now Charlotte Knobloch, , the ormer president othe Central Council o Jews in Germany, has had enough.In a urious editorial published on Wednesday in one othe countrys top newspapers, Sddeutsche Zeitung, shesaid the controversy was calling the existence o Germanyssmall Jewish community into question and asked: Do youstill want us Jews?

For years I have deended Germany as a survivor othe Shoah. Now I ask mysel i that was right, she wrote.

Knobloch is president o the Munich Jewish communityand vice president o the World Jewish Congress.

Te verdict by a court in Cologne was denouncedby Jewish, Muslim, Catholic and Protestant leaders as aserious intrusion on religious reedom. Chancellor AngelaMerkel said Germany risked becoming a laughing stocki Jews were not allowed to practice their rituals.

In July, the lower house o parliament passed a resolu-tion to protect religious circumcision and the governmenthas promised a new law to make clear that doctors or ami-lies will not be prosecuted or carrying out the procedure.

But the debate has gone on. Doctors and politicians

have weighed in, warning about supposed health risks andinringements o inants rights.

It didnt occur to me even in my nightmares that Ishould have to ask mysel the question ahead o my thbirthday whether I was allowed to survive the murder othe Jews to have to witness this, wrote Knobloch.

Born in Munich in , she survived the Holocaustbecause a ormer employee o her uncles, Kreszentia Hum-mel, took her in and pretended she was her illegitimatedaughter.

She said German Jews had spent decades justiyingtheir continued presence in Germany to their amilies andriends abroad. For six decades I have had to justiy mysel

because I stayed in Germanyas a remnant o a destroyedworld, as a sheep among wolves, wrote Knobloch. Ialways readily carried this burden because I was firmlyconvinced that this country and these people deservedit. For the first time my basic convictions are starting toshake. For the first time I eel resignation. I seriously ask ithis country still wants us.

Te risk premia o sovereignbonds now reflect not just the insol-

vency risk o some countries but an

exchange rate risk, which should nottheoretically exist in a currency union.Te markets are pricing in a breakupo the eurozone. Such systemic doubtsare not acceptable, he said.

It emerged today that Spains socialsecurity system has raided a rainy-day und to cover state pensions orthe first time as deepening recessionerodes contributions.

Meanwhile, official data shows thatthe toxic property loans o Spainsour nationalized banks have reached

billion and are rising aster thaneared.

Nomuras Jens Nordvig said Spainscrisis has entered a more dangerousphase, resembling the sort o curren-cy dramas once confined to emergingmarkets.

Capital flight has been running atan annual rate o percdent o ,more than twice the rate in Indonesiaduring the Asian meltdown in thes. Foreigners have sold Spanish

securities worth percent o overthe past quarter. Spanish residentshave shipped unds worth . percent

o into oreign bank accounts.Net claims on Spain through thes arget payments system havereached percent o .

Te buildup in central bank liabil-ities is explosive, said Mr. Nordvik.

German Commandof Kosovo RenewedTHE LOCAL | September 7

G G Volker Halbauertook command o s

troops in Kosovo on Friday as theflaring ethnic tensions in the majority-Serb north remain a challenge or the,-strong orce.

Just hours beore the hand overceremony in Pristina unknown attack-ers in northern Kosovo opened fireat vehicles o the EU-mission and Kosovo police, wounding a policeofficer. Tis was the latest in a series o

attacks on Kosovo police and inter-national troops since Serb protesters

violently clashed with troops in

a border dispute last year.Germany is a major contributorto and Halbauer is the ourthGerman general in row to lead the-led troops in Kosovo.

Also saluting the contribution ointernational peacekeepers to Kosovo,president Atiete Jahjaga said theygave to the citizens the opportunityto shape our uture in sae and secureenvironment. Tanks to spresence in Kosovo our countrywas able to overcome most o the

consequences o war within a shortperiod o time, Jahjaga said.

launched its mission in Koso-vo afer the - war between theorces o then Serbian strongman Slo-bodan Milosevic and ethnic Albanianguerrillas. Te conflict ended planes ousted the Belgrade orces outo the territory.

Kosovo declared independencein . It has been recognized byaround countries, including the

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U.S. and all but five members o theEU. However, Serbia opposes themove, considering the territory as itssouthern province.

Kosovo Serbs, who make up themajority o the population in the northalso reuse to recognize the ethnicAlbanian authorities in Pristina.

Eurozone FactoriesFaltering as CoreCrumblesREUTERS | September 3

T manuacturing sec-tor contracted aster than previous-ly thought last month, despite acto-ries cutting prices, as core countries

ailed to provide any support, a surveyshowed on Monday.

Te downturn that began inthe smaller periphery members othe -nation bloc is now sweepingthrough Germany and France and thesituation remained dire in the regionsthird and ourth biggest economies oItaly and Spain.

Larger nations like France andGermany remain in reverse gear the (manuacturing) sector is on

course to act as a drag on gross do-mestic product in the third quarter,said Rob Dobson, senior economist atdata collator Markit. Te rate odecline was a little slower than in July,providing some heart that the manu-acturing downturn may be easing,but the sector is on course to act as adrag on gross domestic product in thethird quarter, Dobson said.

Factories in Germany, Europeslargest economy, and Francethesecond biggestsaw activity all orthe sixth consecutive month althoughboth saw an easing in the decline.

TW I N B R I E F

n Barroso: EU needs new treaty:European Commission President JoseManuel Barroso called or EU na-tions to sign a new treaty as he called

Europes Crises Are Back!

BRAD MACDONALD

A August spent rolickingon the warm beaches o Greece andSpain and sipping chardonnay on thesunlit steppes o southern France andnorthern Italy, Europeans have nowreturned to workand to a month

that promises to be the antithesis orelaxing and stress-ree. Here are twolooming events among many you needto pay close attention to.

) German Constitutional Court Ruling: On Septem-ber , Germanys Constitutional Court will rule on thelegality o Germanys participation in the European Stabil-ity Mechanism ().

Most analysts expect the German high court to approveo Berlin continuing to contribute to the esm. Many,however, expect the court to impose strict conditions onGermanys participation.

A yes, but decision rom the court will elicit two gen-

eral responses rom Europe. First and most unlikely, ailingEuropean states could flatly reject German/ assistanceon account o its imposition on national sovereignty. Tiswould be a decision that effectively amounts to nationalfinancial suicide.

Second, and more likely, eurozone states could simplycapitulate to Berlins demands and sign away sovereignty inreturn or sorely needed cash.

Either way, a yes, but decision by Germanys Constitu-tional Court will augment Germanys position at the centero Europes debt crisis.

I Germanys Constitutional Court says no to Germanys

participation in the esma decision Moodys says is

percent likelyit would gut Europes current bailoutinrastructure. A negative ruling, reported Reuters, wouldcast the -nation European single currency area intoturmoil, spurring panic on bond markets, and quite likelyprecipitate a major political and financial catastrophe.

) Grexit: On September , or sometime soon afer, the

European Central Bank (), the European Commissionand the International Monetary Fund () will releasetheir combined assessment o how well Greece is doing atkeeping its promises to impose austerity. Te report comesahead o the decision by Germany and others o whether togive Greece more bailout cash.

I the report is positive, which everyone knows is highlyunlikely, Athens will be given more bailout money. I thereport is negative, and says that Greece has ailed to live upto its commitments, then Germany and its allies will haveto decide i theyre willing to continue unneling money toAthens. Chances are, Berlin will say no.

I that happens, the much-talked about GrexitGreeces

exit rom the eurozoneis likely to happen.Te New York imes recently reported that big American

banks and consultancy groups have been doing a briskbusiness advising their corporate clients on how to prepareor a splintering o the eurozone.

Te banks are putting together contingency plans likedriving truck or train loads o money into Greece to payemployees as the financial system alls apart.

As these events unold, theyre likely to be so dramaticand significant they will even make headlines in the main-stream media,perhaps even in America.

Follow Brad Macdonald:

Twitter

In the Balkan Peninsula, it will thenbe game, set and match to Germany.

Germanythe peace-broker inKosovo, the future administrator ofKosovo and of the whole Balkan

Peninsulathe lead nation in the Eurocombine shortly to rule the European

continent and extend its powerfulreach globally to impact all nations.

GERALD FLURRY,

THE RISING BEAST, 1999
https://twitter.com/Brad_Mac007https://twitter.com/Brad_Mac007

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or greater unity within EuropeanUnion, during his first major speechafer the summer break, September. His speech comes afer reports that

Germany has been quietly making thesame proposal despite it being opposedby most EU nations. Te crisis hasmade it clear that we must not onlycomplete the economic and monetaryunion, but also pursue greater econom-ic integration and deeper political anddemocratic union with appropriatemechanisms o accountability, he ex-plained. But much o his analysis mir-rors what the rumpethas been sayingor years. o survive the crisis, theeurozone does need to act more effec-

tively. It needs closer integration. Tisis why this integration will happen,whether all the member states want itto or not. Some, probably many, willopt out o this integration. But Barossois rightthe crisis is orcing Europe touniy, which is exactly what Europeanelites designed the crisis to do.

n France and Germany join forcesto combat economic crisisGermany and France announced last

week the creation o a joint groupseeking to improve the EUs bankingsituation and advance its monetaryunion. German Finance Minister

Wolgang Schauble said the two na-tions wanted to make joint deci-sions to battle the Continents ailingeconomy. French President FrancoisHollande was orward enough to callthe cooperation o France and Ger-many concerning the crisis the keyto the reorientation o Europe. Teemphasis is on a single rulebook ora single market regulated by a singlesupervisory body. Europe wants tounite financially, which is virtuallyimpossible without urther politi-

cal integration. Following the prec-edent set by ormer President NicolasSarkozy, France has been seeking anincreasingly closer relationship withGermany. By doing so, it boosts Ber-lins influence and sway in developingEuropean policies.

n Neo-Nazis now third mostpopular party in GreeceTe Neo-nazi Golden Dawn party isnow the third most popular party in

Greece, according to a survey by PulseRC published in o Podiki weekly,September . Golden Dawn has thesupport o . percent o the popula-

tion. Te New Democracy party isin first place, with support rom percent o those who voted, ollowedby the radical lef-wing Syriza. PA-SOK, which used to be a major party,received the support o only percent.Te poll shows a stunning change inGreek politics. In elections three yearsago, PASOK won with percent othe vote. Golden Dawn received .percent. Golden Dawn and its sup-porters have been implicated in brutalattacks on Greek immigrants (though

the party insists it is not behind theseattacks). Yet their popularity has con-tinued to rise. Te situation in Greeceis a shocking example o how quicklyand radically a nation can changeonce its economy alls apart. Crimeincreases and the once trendy multi-culturalism is swifly rejected as manystruggle against poverty. Continue towatch Greece. As economies aroundthe world ail, other nations will comeunder the same pressure. Greece is a

Mario Draghis Momentthe Devils in the Details

RON FRASER

T o the EuropeanCentral Bank, Mario Draghi, has,seemingly overnight, become the mostpowerul single personality havinginfluence over the world economy.

In less than a year since taking over

the European Central Bank presidencyin November , the Jesuit-educatedson o Rome, Mario Draghi, suddenlyholds power ar in excess o his counterparts at the FederalReserve, the International Monetary Fund and the WorldBank.

As Associated Press reported yesterday,Te European Central Bank president is overtaking the

Federal Reserve chairmanas the central banker with themost influence on the global economy and markets[]heocus o the global financial world has shifed to Draghi.

Draghis role in averting an implosion o the eurozoneputs him in the unortunate position o being the central

banker with the greatest influence on global financialstability in the short term, says Eswar Prasad, proessor otrade policy at Cornell University.

However, there is one powerul influence that places lim-its on Draghis initiativesthe combined political and eco-nomic clout o Europes most dominant nation, Germany.

As Julian Brigden, managing partner o Macro Intel-ligence Partners, an investment consultancy, reportedlyobserved, Draghi can do a lot, but hes significantly moreconstrained by politics (ibid). Tose politics are over-whelmingly German. Recognizing this, last week Draghisent out a special appeal to the German electorate to sup-

port his initiatives.Draghi urged Germans to support his efforts to rescue

the euro. Writing in the German weekly Die Zeit, he saidthe ECB sometimes must use exceptional measures tostabilize the currency alliance (ibid).

Tus it is, as we have publicized in the recent past,Europe is once again at the behest o a Rome/Berlin axis.o the extent that Mario Draghis decisions in concertwith Berlin impact global marketsand the possibility isconsiderablethis really means that the global economy iscurrently at the disposal o decisions made by the Rome/Berlin axis.

Te outcome o this scenario is obvious to all students

o Bible prophecy. Tat the devil s in the details is made ap-parent by the prophecies contained in Revelation . Terehas never been a time when the need to warn the world othis outcome was more urgent!

Follow Ron Fraser:Twitter
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preview o the political change thatwill soon sweep Europe.

n EU investigates GazpromTe European Commission begana ormal investigation into Russianenergy giant Gazprom, it announcedSeptember . Russia supplies over a

third o the EUs natural gas, withsome countries relying completely on

Gazprom. Te Russian governmentowns a percent stake in the com-pany, and it ofen uses gas suppliesto get what it wants rom dependentnations. Te Commission will investi-gate whether Gazprom is holding backcompetition in gas markets in Centraland Eastern Europe. It says Gazprom

may be trying to stop its customersrom finding alternative sources and

burdening them with unair prices. Itcould give Gazprom a fine o up to percent o its global revenue, i it findsthe company guilty. Te investigationis part o an on-and-off tussle withRussia over gas supplies that goes backyears. Calling Gazprom out on itsanti-competitive practices looks like

the latest push in this battle over vitalresources.

AFRICA/LATIN AMERICA

First Platinum, NowGold: As S.A. StrikeSpreadsZEROHEDGE | September 2

T ago we showed dra-

matic ootage as striking minersat Lonmins Marikana South Aricaplatinum mine were fired upon by thelocal cops, killing dozens o protest-ers in the process. Aside rom theimplications o what happens whenthe establishment loses control anddesperate workers revolt with com-plete disregard or their own saety,the strike has crippled the worldsthird-largest platinum maker, and has

cut daily production o the preciousmetal by , ounces. Since then theLonmin situation has remained criti-cal, with just percent o the SouthArican companys workers turningup or work last week.

In the meantime, the strike bug has

gone airborne, and has now impactedGold Fields, the worlds ourth-largestgold mine. From the F: Some ,workers at a gold mine operated byGold Fields have gone on strike, in thelatest industrial strie to hit South A-ricas mining industry. Sven Lunsche,a spokesman or Gold Fields, said thewild-cat strike was not directly relatedto the crisis at the Marikana platinumcomplex. But he acknowledged that

the atmosphere in the mining indus-try is very volatile at the moment andthis may have had an indirect impacton the situation.

Furthermore, it appears that wherethe striking miners o Lonmin andGold Fields have boldly gone, many

more local unionized workers are setto go as well, in the process shutteringthe biggest industry in the SouthernArican nation .

[]he Marikana crisis has triggerednervousness throughout the indus-try, while also putting ocus on whatappears to be growing dissatisactionamong workers .

As a reminder, South Arica is theworlds third-largest producer o gold

(although the

output has beensteadily decliningyear afer year), andthe broader miningaccounts or justunder percent othe countrys .

Should the localworkers grasp thatthey have the bulko the leverage inthis critical indus-try, it is unknown

how ar the metalproduction shut-down will extend,and how ar theprice o gold willrise as ears o apersistent supplycontraction, coupledwith once again in-creasing demand byboth retail and cen-tral banks, spread.

350

300

250

200

150

100

50

China Australia United States Russia South Africa Peru Canada Indonesia

Gold Production

MetricTons

Country

20112006

Source: U.S. Geological Survey

Top 8 in 2011 and Percent Change Since 2006

255% -3% -1% 25% -28% -26% 10% -17%

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ANGLO-AMERICA

DNC Give Illegal AlienSpeaking Slot

WASHINGTON TIMES | September 5

D yet anotherbarrier Wednesday when theyinvited an illegal immigrant youngadult onto the stage at their nominat-ing convention in Charlottepart oa historic Hispanic outreach program

the party hopes will cement ties to theast-growing ethnic voting bloc in thecountry.

Its likely the first time an illegalimmigrant has taken the podium ata major party convention, and high-lights President Obamas own stanceon the issue: Te student, Benita Veliz,had her deportation halted under Mr.Obamas non-deportation policies.

In a pointed political appeal, Rep.

Luis V. Gutierrez, the Illinois Demo-crat who has become his partys deacto leader in pushing immigrationreorms, said the ate o Ms. Veliz anda million other illegal immigrants restson whether Mr. Obama gets reelected.

President Obama is protecting im-migrants. Mitt Romney wants to sendthem back, Mr. Gutierrez said. Tiselection will determine whether highschool valedictorians, ootball team

ASIA

n Russia suspends naval basein SyriaRussia has suspended the use oits only warm-water naval base inartus, on the Syrian coast, the

Russian daily Nezavisimaya Gazetareported on August . Moscow hasmaintained that it wil l continue tosupport Syrian President BasharAssad on a political level, but the

naval withdrawal has sent a clearmessage that Russia will not go so aras to support the regime with mili-tary orce. Our naval base in artuswill not support a military option.

We cannot physically act militar-ily against countries supporting theSyrian opposition, a Russian DeenseMinistry source told the Russian pa-per. Te message comes at a bad time

or Assads Alawite regime, when theWest has begun to actively supportthe opposition. It appears that a dealover the uture o Syria is in the pro-cess o being cut between Russia and

the West. Te Bible predicts that Syriawill eventually leave its alliance withIranand orm a conederacy withother anti-Iranian nations, includingGermany.

A no Spain. Tats what

Australias Deputy Prime Ministerand reasurer Wayne Swan said in July,replying to comments made by Andy Xie,a Singapore-based economist who saidAustralia is in danger o becomingSpain or Ireland.

It might come to a shock to peopleliving in Australia that outside analysts are comparing thenation to countries in deep financial turmoil. But Austra-lians need to wake up to the act that much o their pros-perity could be very fleeting.

According to Andy Xie, Australias Achilles heel is its

heavy reliance on China. China is now Australias largesttrading partner, eclipsing both Japan and the United States.Te relationship between Australia and China today is

similar to the relationship between Arica and the Euro-peans during the colonial era. China is using Australia asan easy and reliable place to obtain raw, unprocessed, non

value-added materials in bulk quantities. Australias world-class mines run flat out to supply Chinas demand.

Tis has been a antastic opportunity or Australia. Overthe past decade, prices o Australias exports have skyrock-eted. Consequently, tens o billions o dollars are dumpedinto Australia per year.

Yet the relationship with China has not been all good.

Despite the money bomb that has been dropped on Aus-tralia due to high commodity prices, Australia continuesto see its manuacturing sector erode. Australias persistenttrade deficit is case in point. Despite the massive amount oincome it receives selling ore to China, it spends even moremoney importing Chinese finished goods.

Australia has a classic case o the Dutch Disease,writes economic analyst Jonathan epper. While Austra-lias natural resources are increasingly exploited, its manu-acturing capability is withering.

During Europes colonial days, the advanced economiesbought the raw resources rom the colonies, turned them

into finished products and then sold them back to the colo-nies or a profit. Te result was a win or both, but a greaterwin or the advanced economy, which grew its manuactur-ing expertise and earned the greater share o the wealth.Te colony tended to stay manuacturing underdevelopedand generally dependent on the colonial power.

But now Australias boom times may be nearing theirend. Chinas command economy is drastically slowing,inventory is piling up, and demand or raw commodities isalmost sure to wither. Australia beware.

Follow Robert Morley: Twitter

Land Down Under to Go Under?

ROBERT MORLEY
https://twitter.com/MorleyRoberthttps://twitter.com/MorleyRobert

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captains, and student council presi-dents will be treated with respectortreated like suspects. Whether they

reach their dreams, or whether MittRomney turns their dreams intonightmares.

But Kansas Secretary o State KrisKobach, who helped draf the Ari-zona immigration crackdown law andstiffer enorcement language in the Re-publicans platorm, said Te leaders are now portraying lawbreakers as heroes . Tey are pro-moting the myth that Dream Act am-nesty recipients are not responsible ortheir law breaking, reerring to them

as children. When these adultschoose to stay illegally in the UnitedStates in defiance o ederal law, theyare deying our countrys laws. Nowthe is cheering them on.

Te Democrats convention reflectsthe rising power o Hispanics inAmerican politics, with the party put-ting one Hispanic afer another on thepodium .

One key ingredient is the floodo minority aces rom the podium,

where an Hispanic mayor rom SanAntonio became the first Hispanictodeliver a partys keynote address on

uesdaypart o a night that alsohighlighted top black officials nation-wide.

Te people on stage yesterdayyou cant compare that to any otherconvention, said Rep. Michael M.Honda, Caliornia Democrat andormer chairman o the CongressionalAsian Pacific American Caucus. Mr. Honda said that a decade ago theAsian caucus members at conventionscould be counted on one hand, butthis year there are here.

Food-Stamp Use Climbsto Record, RevivingCampaign IssueBLOOMBERG | September 4

F- reached a record. million people in June, the gov-ernment said, as Democrats prepare tonominate President Barack Obama or

a second term with the economy as achie issue in the campaign. Participa-tion was up . percent rom May and

. percent higher than a year earlierand has remained greater than million all year as the unemploymentrate stayed higher than percent.New jobless numbers will be releasedSeptember .

oo many middle-class amilieswho have allen on hard times are stillstruggling, Agriculture Secretaryom Vilsack said in an e-mailed state-ment today. Our goal is to get theseamilies the temporary assistance theyneed so they are able to get through

these tough times and back on theireet as soon as possible.

Food-stamp spending, which morethan doubled in our years to a record. billion in the fiscal year endedSept. , , is the U.S. Departmento Agricultures biggest annual ex-pense. Republicans in Congress havecriticized the cost o the program,and the House budget plan approvedin April sponsored by Rep. PaulRyan o Wisconsin, the partys vice

Democrats Fumble Major Israel IssueCBS | September 5

A - by the Democratic Party has replacedwhat was perceived as a big snub to Israel. It was a stun-ning development. Teparty had dropped theassertion that Jerusa-

lem was the capital othe Jewish state, but onWednesday eveningthe Democrats had achange o heart.Te vote went down justbeore p.m. and it wasquite contentious on thefloor.

Los Angeles MayorAntonio Villaraigosa,the Convention chair-man, needed to take

three separate votes toget the motion passed,and he was booed when he ruled it in. Tats because thecrowd o delegates on the floor sounded more split -,than having delivered the two-thirds majority needed, s Marcia Kramer reported.

Te Democrats caved afer there was strong opposition

rom church groups and many New Yorkers, s Kramerreported.

President BarackObama handed theRepublicans a new

avenue o attack on asilver platter when hesupported a DemocraticParty platorm changethat does not state thatJerusalem is the capitalo Israel. It was a dra-matic change rom whatthe president said whenhe was running or officethe first time. Jerusalemwill remain the capitalo Israel and it must

remain undivided, hesaid back in .

Many Palestinians were also annoyed. Tey want Jeru-salem as the capital o a Palestinian state.

Te flip-flop was explained away by campaign officialssaying the change was done to reflect the presidents per-sonal point o view.

GETTY IMAGES
http://www.youtube.com/watch?v=5n4oPjlecgc

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presidential nominee, would cut ex-penses by billion over years.

During the Republican primarycampaign, then candidate Newt Gin-grich labeled Obama as the best ood-stamp president in American history.When the National Association orthe Advancement o Colored People

called his statements inaccurate anddivisive, Gingrich dismissed thecomplaints as a smear rom modernliberals who are off the deep end.

Food-stamp enrollment is risingpartly because the is pushinghigher participation too aggressively,giving government money to peoplewho may not need or want it, U.S.Sen. Jeff Sessions said in a telephoneinterview. Tis administration hasbeen hawking ood stamps, said theAlabama Republican, who has called

or lower spending on the program.Every additional dollar in this pro-gram is borrowed money, he said.Its one more example o governmentincompetence.

A Nation of TakersRichard Palmer,

THETRUMPET.COM | September 5

A

spending

is destroying the economy. Butpolitical economist Nicholas Eberstadtisnt worried about that. In an articlepublished in the Wall Street JournalAugust , Eberstadt argued that theeffect entitlement spending is havingon the nations character is ar moredangerous.

He outlines a shocking increasein entitlement spending: percentin the last years. And thats aferadjusting or inflation and the increasein population.

Within living memory, theederal government has become anentitlements machine, he wrote. As aday-to-day operation, it devotes moreattention and resources to the publictranser o money, goods and servicesto individual citizens than to anyother objective, spending more thanor all other ends combined.

American amilies, specificallyAmerican men, have borne the ull

brunt o the resulting attack on char-acter, argues Eberstadt. He devotedconsiderable attention to making thispoint in the ull essay, but the WallStreet Journal overlooked it.

Te adverse influence o transerpayments on amily values and amilyormation in America is critical, he

writes. Earlier studies showed thatthe perverse incentives embedded inederal-amily support policies wereactually encouraging the prolierationo atherless amilies and an epidemico illegitimacy, he wrote. Te pay-ments were a vehicle or financingsingle motherhood andthe out-o-wedlock lie-style in America.

Manhood was alsodirectly attacked. Be-ore the age o entitle-

ments, sel-reliance andthe work ethic were in-tegral and indispensableelements o the ideal omanliness in America,he wrote.

Put simply the ar-rival o the entitlementsociety in America has coincidedwith a historically unprecedented exitrom gainul work by adult men, hecontinued. And once again, Eberstadt

commands a battery o statistics. Mostsurprisingly, more able-bodied Ameri-can men shirk work than in almostall o Europe, despite the Continentsinamy or entitlement spending.

Eberstadts numbers also showthat America is tolerating widespreadcheating. In , , peoplereceived government payments ordisability. In , its . million.Nearly hal o all these payments go topeople suffering mood disorders orsicknesses affecting musculoskeletal

system and the connective tissue,like back pain. Tese two are almostimpossible or doctors to diagnose.

Te entitlement system drawsmillions o people into a liestyle olying and cheating. And Eberstadtdoesnt just blame the claimants othe disability pay. Te doctors andhealth-care workers that allow thisare collaborators, as is the U.S.

judicial system. American voters and

politicians are willing and ofenknowing enablers.

West Nile Cases JumpREUTERS, SEPTEMBER 5

T o U.S. cases o West

Nile virus rose percent in the lat-est week, putting the outbreak othe mosquito-borne disease on trackto be the most severe on record in theUnited States, health officials said onWednesday. Its already the worst yearever in exas, they said.

So ar this year, , cases havebeen reported to ederal health offi-cials, up rom , reported the weekbeore, the Centers or Disease Con-

trol and Prevention said in its weeklyupdate o outbreak data. A total o people have now died rom the dis-ease, compared with reported oneweek ago.

Te disease has been reported inpeople, birds or mosquitoes in U.S.states, so ar absent only in Alaska andHawaii. About hal o all human casesare in exas, the said.

O the nearly , cases reportedto the this year, ,, or per-cent, are o the severe neuroinvasive

orm o the disease, which can lead tomeningitis and encephalitis.

Te milder orm o the diseasecauses flu-like symptoms and is rarelylethal.

Te said the number o casesso ar this year is the highest reportedto ederal health officials throughthe first week in September since thedisease was first detected in the NewYork City in .

Tis year saw the highestreported number of West Nile

virus cases through the firstweek in September since the

disease was firstdetected in NewYork City

in 1999.

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SEPTEMBER 8 201212THE TRUMPET WEEKLY

SUNDAY from page 1

including Sunday as a rule,depending on the labor law pro-visions in orce or each category o employees, accordingto the European Commissions website (emphasis addedthroughout).

I the working week is extended to six days, this law willalmost certainly remain in orce. Employers could soonbe demanding a six-day week rom most Greek workers. I

someone tries to stick to his religious principles by workingon Sunday and resting on Saturday, it would be illegal.

Catholic bishops have been working to introduce similarlaws across the EU, robbing Europes citizens o the choiceo which day they rest. Tey have tried several times tochange Europes Working ime Directive, which says thatall European workers must have at least one rest day a week,to say that all EU workers must take that rest day on Sunday.

Tey continued this push in July, when European reli-gious leaders held their annual meeting with the presidentso EU institutions. Monsignor Gianni Ambrosio, vice presi-dent o the Commission o the Bishops Conerences o theEuropean Community, called or the EU mandated Sunday

worship to encourage stable amilies and help combat Eu-ropes demographic crisis. Especially or the amily, or thespiritual lie o its members and or human relations, bothinside the amily and with relatives and riends, the com-mon Sunday rest is o undamental importance, he said.

In March, the Catholic Church and trade unions acrossEurope joined up in what the church called a holy alliance

to call or governments to enorce Sunday observance.Herbert W. Armstrong warned or years that a Euro-

pean power would enorce Sunday worship. Anyone thatreused would not be able to earn a living, to earn a wageor salary, or to engage himsel in business, he wrote.

Tat is exactly what is happening in Greece!Te Bible is ull o proo that Christ and the early

Church kept the Sabbath on Saturday, not Sunday. But i

you live in Greece and want to ollow Christs examplereusing Sunday observance and keeping Saturdayyoucould soon be out o a job! Tis is exactly what the Bibleprophesied.

We dont know, yet, i Greece will submit to this six-dayweek. It may be able to negotiate a way out o it. It couldquit the euro. Or it may be thrown out. But the economiccrisis will get worse. And now we know that the EU seesthe six-day week as a solution.

Te Bible prophesies that Europe wil l rise rom the crisisas the global economic superpower. Perhaps one o theways it will do this is by introducing a six-day workweekacross the Continent.

Tis enorced Sunday observance wont end withGreece. Watch this trend very closely. Te Bible clearlyreveals that Sunday observance is in act the mark of thebeast,as prophesied in Revelation.

For more inormation on this vital subject, read our reebooklets Who or What Is the Prophetic Beast?and WhichDay Is the Christian Sabbath?

OTHER NEWS

How Ants MimicInternet ProtocolSMARTPLANET, AUGUST 31

I sign that nature still has an awullot to teach us, a Stanord biologistand computer scientist have discov-ered that harvester ants hunt or oodthe same way ransmission Control

Protocol () operates to determineand manage network congestion.Tats right. Te oundation o theInternet is based on an algorithm thatants have used or millions o years.

Te way ants use the networkingprocess is by measuring the rate oreturn by hunters seeking ood, andusing that data to vary the number oindividuals sent out to help with theeffort. In other words, when early ant

seekers return quickly afer leavingthe nest to find ood, more ants are di-rected to help gather the spoils. How-ever, when it takes longer or the firstants to return, that means that ood isscarce, and moreants can stayhome rather thanollowing their

brethren into thewild.

Te Internetworks in a similarway using . Ipackets o dataare acknowl-edged quickly bya receiver node,then the senderknows it can

speed up the delivery rate. However, iacknowledged receipts are slower, thenthe sender knows the network is con-gested, and that it should slow downtransmission accordingly.

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