Saturday, February 27, 2010

8.8 Chilean Quake - Tsunami Bulletins

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BULLETIN
TSUNAMI MESSAGE NUMBER 10


NWS PACIFIC TSUNAMI WARNING CENTER EWA BEACH HI
447 AM HST SAT FEB 27 2010
TO - CIVIL DEFENSE IN THE STATE OF HAWAII
SUBJECT - TSUNAMI WARNING SUPPLEMENT
A TSUNAMI WARNING CONTINUES IN EFFECT FOR THE STATE OF HAWAII.
AN EARTHQUAKE HAS OCCURRED WITH THESE PRELIMINARY PARAMETERS
ORIGIN TIME - 0834 PM HST 26 FEB 2010
COORDINATES - 36.1 SOUTH 72.6 WEST
LOCATION - NEAR COAST OF CENTRAL CHILE
MAGNITUDE - 8.8 MOMENT
MEASUREMENTS OR REPORTS OF TSUNAMI WAVE ACTIVITY
GAUGE LOCATION LAT LON TIME AMPL PER
------------------- ----- ------ ----- --------------- -----
QUEPOS CR 0.0N 9.4E 1418Z 0.24M / 0.8FT 44MIN
BALTRA GALAPAGS EC 0.4S 90.3W 1313Z 0.25M / 0.8FT 36MIN
EASTER CL 27.2S 109.5W 1205Z 0.35M / 1.1FT 52MIN
ANCUD CL 41.9S 73.8W 0838Z 0.62M / 2.0FT 84MIN
CALLAO LA-PUNTA PE 12.1S 77.2W 1029Z 0.36M / 1.2FT 30MIN
ARICA CL 18.5S 70.3W 1008Z 0.94M / 3.1FT 42MIN
IQUIQUE CL 20.2S 70.1W 0907Z 0.28M / 0.9FT 68MIN
ANTOFAGASTA CL 23.2S 70.4W 0941Z 0.49M / 1.6FT 52MIN
DART LIMA 32412 18.0S 86.4W 0941Z 0.24M / 0.8FT 36MIN
CALDERA CL 27.1S 70.8W 0843Z 0.45M / 1.5FT 20MIN
TALCAHUANO CL 36.7S 73.4W 0653Z 2.34M / 7.7FT 88MIN
COQUIMBO CL 30.0S 71.3W 0852Z 1.32M / 4.3FT 30MIN
CORRAL CL 39.9S 73.4W 0739Z 0.90M / 2.9FT 16MIN
SAN FELIX CL 26.3S 80.1W 0815Z 0.53M / 1.7FT 08MIN
VALPARAISO CL 33.0S 71.6W 0708Z 1.29M / 4.2FT 20MIN
LAT - LATITUDE (N-NORTH, S-SOUTH)
LON - LONGITUDE (E-EAST, W-WEST)
TIME - TIME OF THE MEASUREMENT (Z IS UTC IS GREENWICH TIME)
AMPL - TSUNAMI AMPLITUDE MEASURED RELATIVE TO NORMAL SEA LEVEL.
IT IS ...NOT... CREST-TO-TROUGH WAVE HEIGHT.
VALUES ARE GIVEN IN BOTH METERS(M) AND FEET(FT).
PER - PERIOD OF TIME IN MINUTES(MIN) FROM ONE WAVE TO THE NEXT.


EVALUATION
A TSUNAMI HAS BEEN GENERATED THAT COULD CAUSE DAMAGE ALONG
COASTLINES OF ALL ISLANDS IN THE STATE OF HAWAII. URGENT ACTION
SHOULD BE TAKEN TO PROTECT LIVES AND PROPERTY.


A TSUNAMI IS A SERIES OF LONG OCEAN WAVES. EACH INDIVIDUAL WAVE
CREST CAN LAST 5 TO 15 MINUTES OR MORE AND EXTENSIVELY FLOOD
COASTAL AREAS. THE DANGER CAN CONTINUE FOR MANY HOURS AFTER THE
INITIAL WAVE AS SUBSEQUENT WAVES ARRIVE. TSUNAMI WAVE HEIGHTS
CANNOT BE PREDICTED AND THE FIRST WAVE MAY NOT BE THE LARGEST.
TSUNAMI WAVES EFFICIENTLY WRAP AROUND ISLANDS. ALL SHORES ARE AT
RISK NO MATTER WHICH DIRECTION THEY FACE. THE TROUGH OF A TSUNAMI
WAVE MAY TEMPORARILY EXPOSE THE SEAFLOOR BUT THE AREA WILL
QUICKLY FLOOD AGAIN. EXTREMELY STRONG AND UNUSUAL NEARSHORE
CURRENTS CAN ACCOMPANY A TSUNAMI. DEBRIS PICKED UP AND CARRIED
BY A TSUNAMI AMPLIFIES ITS DESTRUCTIVE POWER. SIMULTANEOUS HIGH
TIDES OR HIGH SURF CAN SIGNIFICANTLY INCREASE THE TSUNAMI HAZARD.
THE ESTIMATED ARRIVAL TIME IN HAWAII OF THE FIRST TSUNAMI WAVE IS
1119 AM HST SAT 27 FEB 2010
MESSAGES WILL BE ISSUED HOURLY OR SOONER AS CONDITIONS WARRANT.

http://www.prh.noaa.gov/ptwc/messages/hawaii/2010/hawaii.2010.02.27.144739.txt

TSUNAMI BULLETIN NUMBER 009
PACIFIC TSUNAMI WARNING CENTER/NOAA/NWS
ISSUED AT 1446Z 27 FEB 2010
THIS BULLETIN APPLIES TO AREAS WITHIN AND BORDERING THE PACIFIC
OCEAN AND ADJACENT SEAS...EXCEPT ALASKA...BRITISH COLUMBIA...
WASHINGTON...OREGON AND CALIFORNIA.
... A WIDESPREAD TSUNAMI WARNING IS IN EFFECT ...
A TSUNAMI WARNING IS IN EFFECT FOR
CHILE / PERU / ECUADOR / COLOMBIA / ANTARCTICA / PANAMA /
COSTA RICA / NICARAGUA / PITCAIRN / HONDURAS / EL SALVADOR /
GUATEMALA / FR. POLYNESIA / MEXICO / COOK ISLANDS / KIRIBATI /
KERMADEC IS / NIUE / NEW ZEALAND / TONGA / AMERICAN SAMOA /
SAMOA / JARVIS IS. / WALLIS-FUTUNA / TOKELAU / FIJI /
AUSTRALIA / HAWAII / PALMYRA IS. / TUVALU / VANUATU /
HOWLAND-BAKER / NEW CALEDONIA / JOHNSTON IS. / SOLOMON IS. /
NAURU / MARSHALL IS. / MIDWAY IS. / KOSRAE / PAPUA NEW GUINEA /
POHNPEI / WAKE IS. / CHUUK / RUSSIA / MARCUS IS. / INDONESIA /
N. MARIANAS / GUAM / YAP / BELAU / JAPAN / PHILIPPINES /
CHINESE TAIPEI
THIS BULLETIN IS ISSUED AS ADVICE TO GOVERNMENT AGENCIES. ONLY
NATIONAL AND LOCAL GOVERNMENT AGENCIES HAVE THE AUTHORITY TO MAKE
DECISIONS REGARDING THE OFFICIAL STATE OF ALERT IN THEIR AREA AND
ANY ACTIONS TO BE TAKEN IN RESPONSE.
AN EARTHQUAKE HAS OCCURRED WITH THESE PRELIMINARY PARAMETERS
ORIGIN TIME - 0634Z 27 FEB 2010
COORDINATES - 36.1 SOUTH 72.6 WEST
DEPTH - 55 KM
LOCATION - NEAR COAST OF CENTRAL CHILE
MAGNITUDE - 8.8
MEASUREMENTS OR REPORTS OF TSUNAMI WAVE ACTIVITY
GAUGE LOCATION LAT LON TIME AMPL PER
------------------- ----- ------ ----- --------------- -----
QUEPOS CR 0.0N 9.4E 1418Z 0.24M / 0.8FT 44MIN
BALTRA GALAPAGS EC 0.4S 90.3W 1313Z 0.25M / 0.8FT 36MIN
EASTER CL 27.2S 109.5W 1205Z 0.35M / 1.1FT 52MIN
ANCUD CL 41.9S 73.8W 0838Z 0.62M / 2.0FT 84MIN
CALLAO LA-PUNTA PE 12.1S 77.2W 1029Z 0.36M / 1.2FT 30MIN
ARICA CL 18.5S 70.3W 1008Z 0.94M / 3.1FT 42MIN
IQUIQUE CL 20.2S 70.1W 0907Z 0.28M / 0.9FT 68MIN
ANTOFAGASTA CL 23.2S 70.4W 0941Z 0.49M / 1.6FT 52MIN
DART LIMA 32412 18.0S 86.4W 0941Z 0.24M / 0.8FT 36MIN
CALDERA CL 27.1S 70.8W 0843Z 0.45M / 1.5FT 20MIN
TALCAHUANO CL 36.7S 73.4W 0653Z 2.34M / 7.7FT 88MIN
COQUIMBO CL 30.0S 71.3W 0852Z 1.32M / 4.3FT 30MIN
CORRAL CL 39.9S 73.4W 0739Z 0.90M / 2.9FT 16MIN
SAN FELIX CL 26.3S 80.1W 0815Z 0.53M / 1.7FT 08MIN
VALPARAISO CL 33.0S 71.6W 0708Z 1.29M / 4.2FT 20MIN
LAT - LATITUDE (N-NORTH, S-SOUTH)
LON - LONGITUDE (E-EAST, W-WEST)
TIME - TIME OF THE MEASUREMENT (Z IS UTC IS GREENWICH TIME)
AMPL - TSUNAMI AMPLITUDE MEASURED RELATIVE TO NORMAL SEA LEVEL.
IT IS ...NOT... CREST-TO-TROUGH WAVE HEIGHT.
VALUES ARE GIVEN IN BOTH METERS(M) AND FEET(FT).
PER - PERIOD OF TIME IN MINUTES(MIN) FROM ONE WAVE TO THE NEXT.
EVALUATION
SEA LEVEL READINGS CONFIRM THAT A TSUNAMI HAS BEEN GENERATED
WHICH COULD CAUSE WIDESPREAD DAMAGE. AUTHORITIES SHOULD TAKE
APPROPRIATE ACTION IN RESPONSE TO THIS THREAT. THIS CENTER WILL
CONTINUE TO MONITOR SEA LEVEL DATA TO DETERMINE THE EXTENT AND
SEVERITY OF THE THREAT.
A TSUNAMI IS A SERIES OF WAVES AND THE FIRST WAVE MAY NOT BE THE
LARGEST. TSUNAMI WAVE HEIGHTS CANNOT BE PREDICTED AND CAN VARY
SIGNIFICANTLY ALONG A COAST DUE TO LOCAL EFFECTS. THE TIME FROM
ONE TSUNAMI WAVE TO THE NEXT CAN BE FIVE MINUTES TO AN HOUR, AND
THE THREAT CAN CONTINUE FOR MANY HOURS AS MULTIPLE WAVES ARRIVE.
FOR ALL AREAS - WHEN NO MAJOR WAVES ARE OBSERVED FOR TWO HOURS
AFTER THE ESTIMATED TIME OF ARRIVAL OR DAMAGING WAVES HAVE NOT
OCCURRED FOR AT LEAST TWO HOURS THEN LOCAL AUTHORITIES CAN ASSUME
THE THREAT IS PASSED. DANGER TO BOATS AND COASTAL STRUCTURES CAN
CONTINUE FOR SEVERAL HOURS DUE TO RAPID CURRENTS. AS LOCAL
CONDITIONS CAN CAUSE A WIDE VARIATION IN TSUNAMI WAVE ACTION THE
ALL CLEAR DETERMINATION MUST BE MADE BY LOCAL AUTHORITIES.
BULLETINS WILL BE ISSUED HOURLY OR SOONER IF CONDITIONS WARRANT.
THE TSUNAMI WARNING WILL REMAIN IN EFFECT UNTIL FURTHER NOTICE.
THE WEST COAST/ALASKA TSUNAMI WARNING CENTER WILL ISSUE PRODUCTS
FOR ALASKA...BRITISH COLUMBIA...WASHINGTON...OREGON...CALIFORNIA.
http://www.prh.noaa.gov/ptwc/messages/pacific/2010/pacific.2010.02.27.144553.txt
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8.8 Quake - USGS Reporting

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While certain news agencies were reporting the quake as being downgraded earlier (see earlier posts), the USGS still reporting it as an 8.8 (as are the Associated Press and Reuters)



(Thank God it was a deep one.)

Earthquake Details

Magnitude
8.8
Date-Time
Saturday, February 27, 2010 at 06:34:14 UTC
Saturday, February 27, 2010 at 03:34:14 AM at epicenter
Time of Earthquake in other Time Zones
Location
35.846°S, 72.719°W
Depth
35 km (21.7 miles) set by location program
Region
OFFSHORE MAULE, CHILE

http://earthquake.usgs.gov/earthquakes/recenteqsww/Quakes/us2010tfan.php


US NOAA Buoy Data Center- Pacific

http://www.ndbc.noaa.gov/dart.shtml



Huge earthquake batters Chile, 78 dead

SANTIAGO, Chile (Reuters) - A massive magnitude-8.8 earthquake struck south-central Chile early on Saturday, killing at least 78 people, knocking down homes and hospitals, and triggering a tsunami.

Buildings caught fire and residents huddled in streets strewn with glass and masonry, many terrified by powerful aftershocks and desperately trying to call friends and family.

President Michelle Bachelet said there were 78 confirmed deaths and that more were possible. Telephone and power lines were down, making it difficult to assess the full extent of the damage close to the epicenter.

Chile is the world's No. 1 copper producer, and the quake halted operations at two major mines near the capital.

"Never in my life have I experienced a quake like this, it's like the end of the world," one man told local television from the city of Temuco, where the quake damaged homes and forced staff to evacuate the regional hospital.

See:
http://www.reuters.com/article/idUSTRE61Q0S920100227


Huge quake hits Chile; tsunami threatens Pacific

SANTIAGO, Chile – A devastating magnitude-8.8 earthquake struck Chile early Saturday, shattering buildings and bridges, killing at least 78 people and setting off a tsunami that threatened every nation around the Pacific Ocean — roughly a quarter of the globe.

Chilean TV showed devastating images of the most powerful quake to hit the country in a half-century: In the second city of Concepcion trucks plunged into the fractured earth, homes fell, bridges collapsed and buildings were engulfed in flames. Injured people lay in the streets or on stretchers.

Many roads were destroyed and electricity and water were cut to many areas.

There was still no word of death or damage from many outlying areas that were cut off by the quake that struck at 3:34 a.m. (1:34 a.m. EST, 0634 GMT) 200 miles (325 kilometers) southwest of Santiago.

Experts warned that a tsunami could strike anywhere in the Pacific, and Hawaii could face its largest waves since 1964 starting at 11:19 a.m. (4:19 p.m. EST, 2119 GMT), according to Charles McCreery, director of the Pacific Tsunami Warning Center.

Tsunami waves were likely to hit Asian, Australian and New Zealand shores within 24 hours of the earthquake. The U.S. West Coast and Alaska, too, were threatened.

A huge wave swept into a populated area in the Robinson Crusoe Islands, 410 miles (660 kilometers) off the Chilean coast, President Michele Bachelet said, but there were no immediate reports of major damage there.

See:
http://news.yahoo.com/s/ap/lt_chile_earthquake

8.3 Quake -- Offshore Chile - Tsunami Warning Issued

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USGS reports 8.3-magnitude earthquake hits Chile

SANTIAGO, Chile (AP) - An 8.3-magnitude earthquake struck southern Chile early Saturday, the U.S. Geological Survey reported. A tsunami warning was issued.

See:
http://www.breitbart.com/article.php?id=D9E4CIA00&show_article=1



=============================================

8.3-magnitude quake hits Chile - USGS

SANTIAGO, Chile
Sat Feb 27, 2010 2:34am EST

SANTIAGO, Chile (Reuters) - A massive magnitude-8.3 earthquake struck near Concepcion, Chile, early on Saturday, the U.S. Geological Survey reported, shaking buildings and causing blackouts in parts of the capital of Santiago.

A tsunami warning was issued for Chile and Peru by the Pacific Tsunami Warning Center, and a tsunami watch was issued for Ecuador...."

"...In 1960, Chile was hit by the world's biggest earthquake since records dating back to 1900, USGS data shows. The 9.5 magnitude quake devastated the south-central city of Valdivia, killing 1,655 people and sending a tsunami which battered Easter Island 2,300 miles off Chile's Pacific seaboard and continued as far as Hawaii, Japan and the Philippines.

See:
http://www.reuters.com/article/idUSTRE61Q0S920100227?feedType=RSS&feedName=topNews&rpc=22&sp=true

==================================================================


TSUNAMI BULLETIN NUMBER 002

PACIFIC TSUNAMI WARNING CENTER/NOAA/NWS

ISSUED AT 0745Z 27 FEB 2010

THIS BULLETIN APPLIES TO AREAS WITHIN AND BORDERING THE PACIFIC
OCEAN AND ADJACENT SEAS...EXCEPT ALASKA...BRITISH COLUMBIA...
WASHINGTON...OREGON AND CALIFORNIA.


... A TSUNAMI WARNING AND WATCH ARE IN EFFECT ...

A TSUNAMI WARNING IS IN EFFECT FOR
CHILE / PERU


A TSUNAMI WATCH IS IN EFFECT FOR
ECUADOR / COLOMBIA / ANTARCTICA / PANAMA / COSTA RICA


FOR ALL OTHER AREAS COVERED BY THIS BULLETIN... IT IS FOR
INFORMATION ONLY AT THIS TIME.

THIS BULLETIN IS ISSUED AS ADVICE TO GOVERNMENT AGENCIES. ONLY
NATIONAL AND LOCAL GOVERNMENT AGENCIES HAVE THE AUTHORITY TO MAKE
DECISIONS REGARDING THE OFFICIAL STATE OF ALERT IN THEIR AREA AND
ANY ACTIONS TO BE TAKEN IN RESPONSE.

AN EARTHQUAKE HAS OCCURRED WITH THESE PRELIMINARY PARAMETERS
ORIGIN TIME - 0634Z 27 FEB 2010

COORDINATES - 36.1 SOUTH 72.6 WEST
DEPTH - 55 KM
LOCATION - NEAR COAST OF CENTRAL CHILE
MAGNITUDE - 8.6
MEASUREMENTS OR REPORTS OF TSUNAMI WAVE ACTIVITY
GAUGE LOCATION LAT LON TIME AMPL PER
------------------- ----- ------ ----- --------------- -----
VALPARAISO CL 33.0S 71.6W 0708Z 1.29M / 4.2FT 20MIN
TALCAHUANO CL 36.7S 73.4W 0652Z 1.15M / 3.8FT 46MIN
LAT - LATITUDE (N-NORTH, S-SOUTH)
LON - LONGITUDE (E-EAST, W-WEST)
TIME - TIME OF THE MEASUREMENT (Z IS UTC IS GREENWICH TIME)
AMPL - TSUNAMI AMPLITUDE MEASURED RELATIVE TO NORMAL SEA LEVEL.
IT IS ...NOT... CREST-TO-TROUGH WAVE HEIGHT.
VALUES ARE GIVEN IN BOTH METERS(M) AND FEET(FT).
PER - PERIOD OF TIME IN MINUTES(MIN) FROM ONE WAVE TO THE NEXT.

EVALUATION
SEA LEVEL READINGS INDICATE A TSUNAMI WAS GENERATED. IT MAY HAVE
BEEN DESTRUCTIVE ALONG COASTS NEAR THE EARTHQUAKE EPICENTER AND
COULD ALSO BE A THREAT TO MORE DISTANT COASTS. AUTHORITIES SHOULD
TAKE APPROPRIATE ACTION IN RESPONSE TO THIS POSSIBILITY. THIS
CENTER WILL CONTINUE TO MONITOR SEA LEVEL DATA TO DETERMINE THE
EXTENT AND SEVERITY OF THE THREAT.

FOR ALL AREAS - WHEN NO MAJOR WAVES ARE OBSERVED FOR TWO HOURS
AFTER THE ESTIMATED TIME OF ARRIVAL OR DAMAGING WAVES HAVE NOT
OCCURRED FOR AT LEAST TWO HOURS THEN LOCAL AUTHORITIES CAN ASSUME
THE THREAT IS PASSED. DANGER TO BOATS AND COASTAL STRUCTURES CAN
CONTINUE FOR SEVERAL HOURS DUE TO RAPID CURRENTS. AS LOCAL
CONDITIONS CAN CAUSE A WIDE VARIATION IN TSUNAMI WAVE ACTION THE
ALL CLEAR DETERMINATION MUST BE MADE BY LOCAL AUTHORITIES.
ESTIMATED INITIAL TSUNAMI WAVE ARRIVAL TIMES AT FORECAST POINTS
WITHIN THE WARNING AND WATCH AREAS ARE GIVEN BELOW. ACTUAL
ARRIVAL TIMES MAY DIFFER AND THE INITIAL WAVE MAY NOT BE THE
LARGEST. A TSUNAMI IS A SERIES OF WAVES AND THE TIME BETWEEN
SUCCESSIVE WAVES CAN BE FIVE MINUTES TO ONE HOUR.

LOCATION FORECAST POINT COORDINATES ARRIVAL TIME
-------------------------------- ------------ ------------
CHILE TALCAHUANO 36.7S 73.1W 0729Z 27 FEB
VALPARAISO 33.0S 71.6W 0739Z 27 FEB
COQUIMBO 29.9S 71.3W 0801Z 27 FEB
CORRAL 39.8S 73.5W 0810Z 27 FEB
CALDERA 27.1S 70.8W 0821Z 27 FEB
ANTOFAGASTA 23.3S 70.4W 0844Z 27 FEB
IQUIQUE 20.2S 70.1W 0911Z 27 FEB
ARICA 18.5S 70.3W 0929Z 27 FEB
GOLFO DE PENAS 47.1S 74.9W 0934Z 27 FEB
PUERTO MONTT 41.5S 73.0W 1052Z 27 FEB
EASTER IS. 27.1S 109.4W 1205Z 27 FEB
PUNTA ARENAS 53.2S 70.9W 1213Z 27 FEB
PERU MOLLENDO 17.1S 72.0W 0936Z 27 FEB
SAN JUAN 15.3S 75.2W 0952Z 27 FEB
LA PUNTA 12.1S 77.2W 1045Z 27 FEB
PIMENTAL 6.9S 80.0W 1114Z 27 FEB
TALARA 4.6S 81.5W 1127Z 27 FEB
CHIMBOTE 9.0S 78.8W 1132Z 27 FEB
ECUADOR LA LIBERTAD 2.2S 81.2W 1202Z 27 FEB
ESMERELDAS 1.2N 79.8W 1234Z 27 FEB
BALTRA IS. 0.5S 90.3W 1313Z 27 FEB
COLOMBIA TUMACO 1.8N 78.9W 1253Z 27 FEB
BAHIA SOLANO 6.3N 77.4W 1327Z 27 FEB
BUENAVENTURA 3.8N 77.2W 1340Z 27 FEB
ANTARCTICA THURSTON IS. 72.0S 100.0W 1312Z 27 FEB
PANAMA PUERTO PINA 7.4N 78.1W 1331Z 27 FEB
PUNTA MALA 7.5N 79.9W 1334Z 27 FEB
PUNTA BURICA 8.0N 82.8W 1340Z 27 FEB
COSTA RICA CABO MATAPALO 8.4N 83.3W 1344Z 27 FEB
BULLETINS WILL BE ISSUED HOURLY OR SOONER IF CONDITIONS WARRANT.
THE TSUNAMI WARNING AND WATCH WILL REMAIN IN EFFECT UNTIL
FURTHER NOTICE.

THE WEST COAST/ALASKA TSUNAMI WARNING CENTER WILL ISSUE PRODUCTS
FOR ALASKA...BRITISH COLUMBIA...WASHINGTON...OREGON...CALIFORNIA.

http://www.prh.noaa.gov/ptwc/messages/pacific/2010/pacific.2010.02.27.074403.txt

http://www.prh.noaa.gov/ptwc/?region=1&id=pacific.2010.02.27.074403

Friday, February 26, 2010

Head of IMF Proposes New Reserve Currency

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One-world government coming......


IMF's Strauss-Kahn suggests IMF may one day provide global reserve asset

(no date provided other than 2010)

WASHINGTON

Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar.

See:
http://abcnews.go.com/print?id=9958995

Massive Bank Failures Due, Says Oversight Panel

Feb 25, 2010

"Close to 3,000 banks are currently classified as having a risky concentration of commercial real estate loans, according to a recent report by the Congressional Oversight Panel (COP). All of them are small to mid-sized banks, already weakened by the financial crisis.

The COP is “deeply concerned” that commercial real estate losses could jeopardize the stability of these banks and the damage will contribute to prolonged weakness throughout the economy, according to chair Elizabeth Warren.

About $1.4 trillion in commercial real estate loans are due for refinancing between now and 2014. “In today’s market, many applications will be turned down,” Ms. Warren said on a video posted on COP's Web site.

Property values have fallen 40 percent on average, and banks are unwilling to refinance; many wanting a lower loan-to-value ratio, which will trigger lot of foreclosures.

“Some loans were flat-out reckless when they were made and never should have been financed,” Warren said. Banks could suffer losses of up to $200 to $300 billion, the report said.

“A big enough wave of commercial mortgage defaults would trigger economic damage that would touch the lives of every American,” Warren said. ..."


See:
http://www.theepochtimes.com/n2/content/view/30405/

Thursday, February 25, 2010

North Magnetic Pole Moving Due to Core Flux

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Richard A. Lovett in San Francisco
for National Geographic News
December 24, 2009

Earth's north magnetic pole is racing toward Russia at almost 40 miles (64 kilometers) a year due to magnetic changes in the planet's core, new research says.

The core is too deep for scientists to directly detect its magnetic field. But researchers can infer the field's movements by tracking how Earth's magnetic field has been changing at the surface and in space.

Now, newly analyzed data suggest that there's a region of rapidly changing magnetism on the core's surface, possibly being created by a mysterious "plume" of magnetism arising from deeper in the core.

And it's this region that could be pulling the magnetic pole away from its long-time location in northern Canada, said Arnaud Chulliat, a geophysicist at the Institut de Physique du Globe de Paris in France.

See:
http://news.nationalgeographic.com/news/2009/12/091224-north-pole-magnetic-russia-earth-core.html



Evidence Earth's Magnetic Poles Are Reversing

http://groups.yahoo.com/group/era-of-peace/message/349


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Citibank Reserves Right to Restrict Account Withdrawals For 7 Days

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Citibank Controversy Puts Dubious FDIC Guarantee Back In The Spotlight

February 25, 2010

7 day restriction on bank withdrawals could mean the difference between preserving or destroying your life savings if the U.S. dollar collapses

The recent controversy surrounding Citibank’s advisory to its customers reserving the right to impose a 7 day restriction on withdrawals from their accounts is a stark reminder of the vulnerability of the fractional reserve banking system and the FDIC’s shaky guarantee that it can insure deposits in the event of a bank run.

See:
http://www.prisonplanet.com/citibank-controversy-puts-dubious-fdic-guarantee-back-in-the-spotlight.html

McCain's Bill: An Attempt to Implement CODEX Alimintarius

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February 24, 2010

A bill recently introduced to the U.S. Senate, the Dietary Supplement Safety Act of 2010 (S. 3002), by Senators John McCain and Byron Dorgan is possibly the most direct assault on natural health freedom we have seen for some time. If passed into law, this bill would require all dietary supplement manufacturers, distributors, and holders all the way down to the retail store level to be comprehensively registered. It would also allow for the arbitrary banning of nutritional supplements by the FDA and the introduction of deceitful reporting of adverse events related to them.


See:
http://www.infowars.com/mccains-dietary-supplement-bill-an-attempt-to-implement-codex-alimentarius/

Bonuses for Wall Street And Unemployment Elsewhere Continue To Grow

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“…A staggering blow to the Illuminists is the exposure of the criminal cartel known as Goldman Sachs in their testimony to Congress and now helping Italy and Greece illegally circumvent eurozone rules. This will push the public away from investment and toward the safety of gold and silver.

In an attempt to smother inflation and hyperinflation the US government may follow China’s lead and increase reserve requirements. That may reduce inflation, but it would also bring the US closer to deflationary depression. One false step and the game is over. That risk also includes the ECB and England. Funds already are not being lent out and such further constriction could be disastrous. Credit has already dropped by trillions of dollars as unemployment continues to grow. There is now no question that there will be no recovery. How can there be when there is little money and credit available to grease the skids of recovery. All we are seeing is a switch to stage 2 of inflation. The question is will central banks lose control, and it is obvious they are acting in concert, and fall victim to a deflationary depression.

Domestically real estate foreclosures, both residential and commercial, continue to climb. The government’s attempt to assist the residential market has been pathetic in a situation that is overwhelming. By next year, 50% of homeowners could be under water. Business can’t get the loans they need, so they cannot increase employment and the more workers fired the more who have lost their homes.

The plight of the states in America is very serious. California, New Jersey and Pennsylvania are close to insolvency. These are followed by Michigan, Illinois, Ohio and Florida. Once the budget is passed some $25 billion will be split up among the states to keep them going. As we all know that isn’t the answer. Free trade, globalization, offshoring and outsourcing have softened them up – now they are ready for failure.

Welcome to corporatist fascist America. Fiscal deficits of $2 trillion a year while most transnational conglomerates, Wall Street and banks haul in obscene profits and our nation suffers 21-3/4% unemployment. Making matters worse have been wars and occupations in Iraq and Afghanistan, which have cost taxpayers off-budget losses of $1 trillion. A nation simply cannot be that dumb. It has to have been planned that way…”

http://www.theinternationalforecaster.com/International_Forecaster_Weekly/Bonuses_for_Wall_Street_And_Unemployment_Elsewhere_Continue_To_Grow





See:
The Demise of the US Republic

http://era-of-peace.blogspot.com/2010/02/demise-of-us-republic.html




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Alert: US Expected to Devalue Dollar (Rumor)

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Potential For Fed To Hyperinflate

Posted: November 28 2009

always the question about what the Fed will do, more pressure on small and medium banks, municipal bond meltdown, bailouts cant go on indefinitely, looking at the banks, and recalling the French Revolution, the truth of fractional banking

The following information may be the most important we have ever published. One of our Intel sources, highly placed in banking circles, tells us that on 1/1/10 all banks that have received TARP funds have been informed by the Federal Reserve that they must further restrict any commercial lending. Loans have to be 75% collateralized, 50% of which has to be in cash, which is a compensating balance.

The Fed has to do one of two things: They either have to pull $1.5 trillion out of the system by June, which would collapse the economy, or face hyperinflation. This is why the Fed has instructed banks to inform them when and how much of the TARP funds they can return. At best they can expect $300 to $400 billion plus the $200 billion the Fed already has in hand.

We believe the Fed will opt for letting the system run into hyperinflation. All signs tell us they cannot risk allowing the undertow of deflation to take over the economy. The system cannot stand such a withdrawal of funds. They also must depend on assistance from Congress in supplying a second stimulus plan. That would probably be $400 to $800 billion. A lack of such funding would send the economy and the stock market into a tailspin. Even with such funding the economy cannot expect any growth to speak of and at best a sideways movement for perhaps a year.

We have been told that the FDIC not only is $8.2 billion in the hole, but they have secretly borrowed an additional $80 billion from the Treasury. We have also been told that the FDIC is lying about the banks in trouble. The number in eminent danger are not 552, but a massive 2,035. The cost of bailing these banks out would be $800 billion to $1 trillion. That means 2,500 could be closed in 2010. Now get this, the FDIC is going to be collapsed before the end of 2010, which means no more deposit insurance. This follows the 9/18/09 end of government guarantees on money market funds. Both will force deposits into US government bonds and agency bonds in an attempt to save the system.

This will strip small and medium-sized banks and force them into shutting down or being absorbed. This means you have to get your money out of banks, especially CDs. We repeat get your cash values out of life insurance policies and annuities. They are invested 80% in stocks and 20% in bonds. Keep only enough money in banks for three months of operating expenses, six months for businesses.

Major and semi-major banks are being told to obtain secure storage for new currency-dollars. They expect official devaluation by the end of the year.

We do not know what the exchange rate will be, but as we have stated previously we expect three old dollars to be traded for one new dollar. The alternative is gold and silver coins and shares. For those with substantial sums that do not want to be in gold and silver related assets completely you can use Canadian and Swiss Treasuries. If you need brokers for these investments we can supply them.

The Fed also expects a meltdown in the bond market, especially in municipals. Public services will be cut drastically leading to increased crime and social problems, not to mention the psychological trauma that our country will experience. Already 50% of homes in hard hit urban areas are under water, nationwide more than 25%. That means you have to be out of bonds as well, especially municipals..."

For the complete article see:

http://theinternationalforecaster.com/International_Forecaster_Weekly/Potential_For_Fed_To_Hyperinflate





CHART OF THE DAY: Banks Continue To Pull The Rug Out From Under The Economy

http://www.businessinsider.com/chart-of-the-day-commercial-and-industrial-loans-at-all-commercial-banks-2010-2


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US Senate Bill to Limit Vitamins & Supplements

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McCain wants to put Big Pharma on your OTC vitamin shelf

“…”Hear ye, hear ye! All peasants in the United States will consume only those vitamin supplements the FDA, Big Pharma’s shill operation, deems appropriate."
What? John McCain, displaying his belief that a healthy populace is a troublesome populace, has introduced a bill to allow the FDA to control what vitamin/mineral/herbal supplements Americans may buy, and in what dosages. The Life Extension website notes, “Despite nutritional supplements’ safety record, McCain’s bill would give the FDA authority to draw up a list of allowed and disallowed supplements (and supplement potencies). This bill would cause any dietary supplement to be classified as ‘adulterated’ if it is ‘manufactured, packaged, held, distributed, labeled or licensed by a dietary supplement company not registered with the Secretary.’ The ‘Secretary’ in this case is the Secretary of Health and Human Services, the department of the federal government that oversees the FDA.”
Hey, John! What happened to freedom from government interference? Wasn’t that one of your claims of future glory when you were running, ludicrously, for president? Isn’t that what your core constituency dreams of?...”


For the complete article see:

http://www.examiner.com/x-2134-DC-Ethical-Issues-Examiner~y2010m2d11-McCain-wants-to-put-Big-Pharma-on-your-OTC-vitamin-shelf




Vitamins and Dietary Supplements Ending Soon

http://groups.yahoo.com/group/era-of-peace/message/302




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Planet War

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"And you shall hear of wars and rumours of wars. See that ye be not troubled. For these things must come to pass, but the end is not yet. For nation shall rise against nation, and kingdom against kingdom; and there shall be pestilences, and famines, and earthquakes in places: Now all these are the beginnings of sorrows...." (Cf. Mat 24:6-8)


From the bloody civil wars in Africa to the rag-tag insurgiences in Southeast Asia, 33 conflicts are raging around the world today, and it’s often innocent civilians who suffer the most.

http://www.foreignpolicy.com/articles/2010/02/22/planet_war

Former Mexican foreign minister calls for ‘North American union’, unified currency

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Prolific Mexican politician and intellectual Jorge Castañeda believes that a greater North American community -- a "North American Union" -- with economies tied together under a European Union-style system, complete with open borders and a unified currency, is the wave of the future.

For the complete articles see:
http://rawstory.com/2010/02/mexican-foreign-minister-calls-north-american-union-unified-currency/



The North American Union Just a Staged Crisis Away

http://groups.yahoo.com/group/era-of-peace/message/380

Record Snowfall Hits Moscow

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22 February, 2010

A record snowfall hit Moscow over the weekend. This February has become the most snowy month in 40 years, with snow cover almost 1.5 times higher than longstanding average figures.

For the complete article see:
http://rt.com/Top_News/2010-02-22/record-snowfall-hits-moscow.html

Major Quake Predicted For Pacific NW of USA

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Our Lord has been warning us for years via Louise Tomkiel and John Leary about just such a quake:



'Quake expert to Warrenton: Get ready!

City leaders sign on for hazard mapping plan after hearing ‘slam-dunk’ warning

By SANDRA SWAINThe Daily Astorian

For 400 years, pressure has been building between the tectonic plates on either side of the 700-mile fault line that runs along the ocean floor from Eureka, Calif., to Victoria, British Columbia.

"We have pretty much a slam-dunk chance of a 'quake in our lifetime or our children's lifetime," James Roddey, earth science information officer for the state Department of Geology and Mineral Industries (DOGAMI), told the Warrenton City Commission Tuesday.

And, Roddey said, Warrenton is one of the most vulnerable communities on the Oregon Coast.

When the fault finally blows, the result is likely to create one of the biggest earthquakes the world has ever known, a 9.0 quake that would rip the sea floor apart and shake 10 million coastal residents for 11 minutes or more, Roddey said.

The huge wall of water that would slam into the coast a few minutes after the quake would hit Warrenton hard.

For the complete article see:
http://www.dailyastorian.com/main.asp?SectionID=2&SubSectionID=398&ArticleID=68120


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