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Newsletters 41+

I send out the Newsletter to people who email me - andy@exodus2006.com
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Exodus 2006 - NEWSLETTER - No.44 - 28th April 2008

It has been a long time since the last newsletter. There have been a few occasions when I almost sent one out. Most recently it was around the time when Bear Stearns suddenly went down and was sold off cheap to JP Morgan. There are a several developing situations, that I have been watching for some time, but few have resolved into any newsworthy events so far.
I recently saw a spokesman for Lloyds Insurance saying they did well in 2007; because it was a quiet year with few big disasters. This year, though, looks like being the year when an economic disaster hits.
So, I thought this would be the time to issue a warning on that, since the markets are in a "bear market rally" at the moment, and now would be a really good time to sell if you are holding stocks and shares. There are some people in the media, who are trying to talk the market up, by saying we have reached the bottom of the crisis, but we haven't. I saw the Stearns CEO on Bloomberg, on the Wednesday before, when the shares were still worth about $70, telling people not to worry because they had plenty of liquidity and no foreseeable problems, and then that weekend they sold out to JP Morgan for $2 a share. I bet any shareholders who hung on after seeing that are feeling cheated.
Serious analysts reckon losses from the sub-prime loans will be $1 trillion, at least, and posted losses so far are "only" $250 billion. You can tell it is worse than they are saying because the banks won't lend to each other - because they know they are probably insolvent and suspect the others are too.
I saw an insider on Bloomberg explaining that the inter-bank lending rate in the UK is actually fictional, based on the Bank of England phoning London banks and asking how much interest they would charge on a loan to another bank; but in reality the banks won't make those loans.
The problem with this "credit crunch" is that it has several elements in it that are self-reinforcing. The lack of new loans is pushing house prices down, which is making some of the bank's assets worth less, and at the same time causing more people to default on home loans, so the crisis deepens. Meanwhile, nobody wants to loan money against houses that are falling in value, so the prices fall faster because nobody can get loans to buy with.
The economy has relied for years on cheap credit pushing money into the system, but now we have, instead, the banks desperately trying to suck in money to cover shrinking asset valuations and to avoid their figures showing an insolvency. As this goes on there will be less money around to spend and people will lose their jobs - and this will cause more loan defaults.
The next big problem we may see is the insolvency of the bond insurers. The insurance props up the value of AAA bonds, and for years it was an easy money earner, since they took in the insurance money and never had to pay any out. Now the bond market is in a bad way, and they have issued many trillions of dollars in bonds, many held by banks as assets. At the moment, they can book the bonds at face value, because even though nobody wants to buy them, they can claim that they are insured. When the insurers fail there will be big trouble.
The falling dollar is another self-perpetuating problem. The factors that have started the decline, like the huge deficit spending on every account in sight, are all still present. Now that the dollar is obviously in a decline, that is a very good reason not to buy dollars, particularly since interest rates are also low. Better to sell dollars and buy euros, since the euro increases in value, and European banks pay more interest too. The Fed has cut interest rates in an attempt to stimulate the economy - but it won't because you can't get a loan anyway. The falling dollar also makes commodities like oil more expensive, and this then increases the imports bill and pushes up inflation, which will cause it to fall further. Here is an analysis by Paul Craig Roberts who was Assistant Secretary to the Treasury under Reagan -
http://www.counterpunch.org/roberts03182008.html  A couple of quotes from that -

Moreover, the GAO report pointed out that the accrued liabilities of the federal government "totalled approximately $53 trillion as of September 30, 2007." No funds have been set aside against this mind boggling liability. Just so the reader understands, $53 trillion is $53,000 billion.
Frustrated by speaking to deaf ears, Walker recently resigned as head of the Government Accountability Office.

Would you want to hold the debt of a country whose imports exceed its industrial production? According to the latest US statistics as reported in the February 28 issue of Manufacturing and Technology News, in 2007 imports were 14 percent of US GDP and US manufacturing comprised 12% of US GDP. A country whose imports exceed its industrial production cannot close its trade deficit by exporting more.

Read this one too; more about the falling dollar: http://www.counterpunch.org/roberts03142008.html

Another worrying prospect is hyper-inflation and a Hyperinflationary Depression:
http://www.kitco.com/ind/Ruff/ruff_apr212008.html

"Again, the current circumstance will evolve into a hyperinflationary
depression, then a great depression. Although such is not likely much
before 2010, or after 2018, the financial end game for the current
markets will tend to come sooner rather than later and will break
with surprising speed when it hits."
"Although the US, government faces ultimate insolvency, it has the
same way out taken by most countries faced with bankruptcy. It can
print whatever money it needs to create, in order to meet its
obligations. The effect of such action is a runaway inflation - a
hyperinflation - with a resulting, full debasement of the US
dollar, the world's reserve currency."
"U.S. federal obligations are so huge versus the national GDP that
the country's finances look more like those of a banana republic than
the world's premiere financial power and home to the world's primary
reserve currency, the U.S. dollar."
"By the time hyperinflation kicks in, the economy already should be
in depression, and the hyperinflation quickly should pull the economy
into a great depression. Uncontained inflation is likely to bring
normal commercial activity to a halt."
"Barter System. With standard currency and electronic payment systems
non-functional, commerce quickly would devolve into black markets for
goods and services and a barter system."
"Gold and silver both are likely to retain real value and would be
exchangeable for goods and services. Silver would help provide
smaller change for less costly transactions."

Bible Code - http://www.exodus2006.com/Fab2/dollar.htm - "By the lofty Baal; be fruitful! The Dollar will fall. - Desolation of Nod."

The 20th century industrialization was based on cheap oil. Many experts now believe peak production may have been in 2005. New finds will never come on stream as fast as the old fields decline. It is widely believed that many OPEC members, like the Saudis, exaggerated their reserves for political reasons, and are now doing their best to cover up the fact that their output is declining. I have seen them doing it this weekend - any excuse rather than admit that oil production is in a decline.
Meanwhile, oil demand from China and India is rising fast, so there is an increasing supply and demand effect, and also the price is going up because it is priced in dollars - which are worth increasingly less.
The rising oil prices will cause inflation, as the effects work through the system; as happened in the 1970s.
Food prices are rising too, partly due to climate change, disease and bad harvests, and again because the dollar is used for international trading. This is now putting about 2 billion people in danger of not being able to buy enough food, because they only have an income of $2 a day; and there have been riots in several countries.
http://blogs.guardian.co.uk/news/2008/04/food_riots.html - A map of where there have been food riots already.

Iran - there have been several of my previous newsletters where I was worrying about an impending attack on Iran. Since then, the intelligence services made public a report saying that they didn't believe Iran had an active nuclear weapons program. After that came out, there was less to be heard about it, from Bush people in the media - but the military build-up in the area has continued.
Admiral Fallon, who said "not on my watch" about attacking Iran - was suddenly retired. We also had a video released of Iranian boats "threatening" the US navy, the sound track had a voice saying something like "vee aar goink to keel you" - but then it leaked out that the soundtrack was not recorded at the same time as the video, and the source of the voice was "unknown". Without the soundtrack, the video just shows a few small speedboats sailing past a battleship somewhere out at sea.
In the UK we have just had a similar revelation, from our navy, thanks to a freedom of information lawsuit.
While we were once told that Iranians had entered Iraqi waters, and kidnapped British sailors, it now turns out that we had decided where the border was ourselves, and had never informed Iran where it was.
Not only that, the Navy are totally refusing to give the actual coordinates of where our sailors were - presumably because they were not actually on our side of the invisible line in the sea that we never told the Iranians about. The official cover-story that our sailors were "checking ships for Iraqi car-smugglers" is one of the most unbelievable stories that I have ever heard, and I am appalled that the UK media seemed to accept it without question.
I still think there is a plan to find an excuse to attack Iran before the election in November. Apparently the new Aegis anti-missile ships can defend against 6 Russian missiles at once, so the makers claim; so therefore expect the Iranians to fire 7 missiles at once, and then after the Aegis ship is sunk they can sink all the others quite easily.
When this all happens, I would expect the oil price to double overnight. Let's hope this is all too silly, even for the Bush administration, as some people like to think.
Relations with Putin have become decidedly frosty, due partly to a stupid plan to put a missile defence system in Poland. Such a system is considered a first strike weapon, because it allows you to strike first and then try to defend against the likely retaliation - if it actually works. In practice, the enemy can make you waste your expensive interceptors by firing some very cheaply-made dummy scuds, and Russians have supersonic cruise missiles, which will still get through (and they have sold the anti-ship version to the Iranians too).
I have been wondering if Putin will nuke Israel if the US nukes Iran; this is just speculation on my part.
Would you wish to suffer a full-on nuclear attack in order to avenge Israel? My guess is that Putin thinks you won't, and it would fit in with some of the Armageddon prophecies. To me, Putin has the "knowing" look of somebody who thinks he has a clever plan.

The US elections have been a source of controversy in some of the Yahoo email groups. A couple of Bible Codes have been found linking Obama and shooting.
http://www.exodus2006.com/jcash/Obama.htm - "Shooting of Obama "
http://www.exodus2006.com/Anonymann/suspicion-Obama.htm - "Suspicion of an Obama assassination is in him, as in them, what a pity for your wickedness; this is the cult!"

Also, I must apologise to some of you, since I am fairly sure that I have failed to reply to a few emails this year. I was ill with the flu in January, and had continuing headaches until March. I get hundreds of emails a day now, partly because I moderate several Yahoo! groups, and a member of several others, plus the mail from visitors to the website. I have managed, just about, to read all of the incoming mail, but at times have lost track of some emails I meant to reply to.

Axum - I intend to wait until the circumstances convince me that it is time to go. Otherwise, there is a danger of being deported for overstaying ones visa, which is probably what would have happened, by now, if I had gone there in 2006 for no particular reason.
There is also a danger in leaving it too late. Since flying is the only practical way to get there, it will be necessary to go while air travel is still possible, which it won't be if there is nuclear war, a complete financial meltdown, an eruption at Yellowstone, or an asteroid impact.
Frankly, I could do with a miracle, when it comes to money. I have always been more of a holy man than a business man, living cheaply, and not owning much more than a Fender Stratocaster guitar and a couple of computers. I did let my computer repair business run down in 2006, and I have been lucky to avoid going bust already. Last year I was saved by doing a couple of house painting jobs, a couple of generous donations from an American lady with a farm, and a small income from Google Advertising; which pays about 10 cents for a click on an advert. So, this far, I have just managed to keep the rent paid and stay on the internet.
Years ago I had hoped I would be able to visit Axum before the final move. Now I think it will just be a case of grabbing my stuff and heading for the airport with no pre-arrangements. Could be this year - the way things are going.
When the time comes, I will send out a newsletter; and change the front page of the website.
So, keep an eye out for that, if things take a turn for the worse. http://www.exodus2006.com/index.htm

Andy McCracken

Exodus 2006 - NEWSLETTER - No.43 - 10th September 2007

It has been nearly six months since the last newsletter. There have been a few occasions when I was tempted to send one out but, at the same time, have been concerned not to appear to be constantly crying "wolf". This newsletter is an alert - for this week - particularly the 11th and the 14th.
This time it is based on items that are in the news - and not on prophecy and/or Bible codes. The context is important here too, I have spent a lot of time online in various newsgroups, and reading many articles that have been posted on websites, and it is difficult to convey all that in a newsletter. So what I intend to do here, is to get to the point first, and then I will provide some links that give a feel to the background; for those who are interested in some further reading.
The story that has concerned me most, just recently, is the one about the B-52 that flew across the US with 6 armed nuclear missiles - by "mistake".
http://www.usatoday.com/news/military/2007-09-05-b-52_N.htm
Commentators appear to agree that the procedures are such that it really isn't possible to load nuclear weapons by mistake. So it looks more likely that perhaps the mission was ordered outside of the normal chain of command, and was supposed to remain a secret, but some airforce personnel blew the whistle on it.
One theory is that the destination airbase is the staging area for an attack on Iran, and despite the official "no nuke" policy, Dick Cheney, or somebody, decided to include some nuclear cruise missiles anyway. Other theories suggest the missiles were to be used against American targets in a "false flag" attack that would then be blamed on Iran somehow.
A further report that particularly worried me is this one carried by MSNBC -
http://www.msnbc.msn.com/id/20628998/
The odd feature in this is that they are saying USAF fighters are being grounded on the 14th during the review of procedures following this incident. This is very odd since fighters do not carry nuclear weapons, and it seems there may be no air defense on the 14th if this is true. This reminds me of the situation in 2001 when 5 different training drills were underway on the morning of Sept 11th, resulting in no effective air cover, which allowed even the Pentagon to be attacked, and nearly an hour after the WTC was first hit. This makes me wonder if something is planned to happen on the 14th. I had been wondering if it would be on 9/11 again, particularly since another Bin Laden video has just been released.
My advice, therefore, is to avoid large cities this Tuesday and Friday, if at all possible. The worst-case scenario is that there will be major terrorist attacks, Bush will declare martial law, and he will then have unhindered dictatorial powers, Iran will be blamed and bombed, other countries will be drawn into a widening conflict.
I don't know the exact timing for all this, before the 2008 elections, maybe starting this week. If this does start to unfold I will consider it to be the start of the "end times" and I will do my move to Axum. If martial law is declared, they will probably pull the plug on the main DNS servers, so that the internet stops working, and if that happens you can assume I will have moved to Axum, because I will have no reason to stay in England after that time.

Comments on the new Bin Laden video
http://www.boomantribune.com/story/2007/9/9/61032/95401
http://qwstnevrythg.blog-city.com/analyzing_bin_ladens_words_and_beard.htm
http://www.nytimes.com/2007/09/08/world/08hayden.html
http://www.washingtonpost.com/wp-srv/national/dotmil/arkin020199.htm

Warnings of coming attacks
http://www.newsmax.com/headlines/cia_hayden_warning/2007/09/07/30766.html
http://abcnews.go.com/Blotter/story?id=3336148
http://www.msnbc.msn.com/id/19732730/
http://en.rian.ru/world/20070720/69340886.html

More on the B-52 story
http://edition.cnn.com/2007/US/09/05/loose.nukes/?iref=mpstoryview
http://tpmcafe.com/blog/coffeehouse/2007/sep/05/staging_nuke_for_iran
http://www.dailypress.com/news/local/hampton/dp-now-langley.0906,0,3833474.story

War with Iran
http://www.timesonline.co.uk/tol/news/world/asia/article2369001.ece
http://www.newyorker.com/online/blogs/georgepacker/2007/08/if-there-were-a.html
http://www.globalresearch.ca/index.php?context=viewArticle&code=ROB20070621&articleId=6110
http://www.upi.com/International_Security/Emerging_Threats/Analysis/2007/09/05/outside_view_a_sept_rollout_for_iran_war/3651/
http://tvnewslies.org/blog/?p=658
http://kurtnimmo.com/?p=880

Martial law
http://www.globalresearch.ca/index.php?context=viewArticle&code=20070627&articleId=6169
http://www.wnd.com/news/article.asp?ARTICLE_ID=55825
http://www.oregonlive.com/news/oregonian/index.ssf?/base/news/118489654058910.xml&coll=7
http://www.blackagendareport.com/index.php?option=com_content&task=view&id=238&Itemid=44
http://www.wsws.org/articles/2005/aug2005/mart-a09_prn.shtml
http://www.informationclearinghouse.info/article17841.htm
http://www.blacklistednews.com/view.asp?ID=4185
http://www.northcom.mil/News/2007/083007.html

Bush family history
http://en.wikipedia.org/wiki/Samuel_P._Bush
http://en.wikipedia.org/wiki/Prescott_Bush
http://www.truthout.org/docs_02/012303A.ma.dead.htm
http://reynoldswriter.blogspot.com/2007/04/prescott-bush-and-golden-age-of-war.html
http://www.blacklistednews.com/view.asp?ID=3878
http://www.guardian.co.uk/usa/story/0,12271,1312540,00.html
http://www.jfkmurdersolved.com/bush.htm
http://video.google.com/videoplay?docid=-4315024059102108031
http://tomflocco.com/fs/FbiMemoPhotoLinkBushJfk.htm
http://www.theforbiddenknowledge.com/hardtruth/bush_killed_jfkjr.htm

The 2001 attacks
http://www.journalof911studies.com/
http://www.stj911.com/
http://www.ae911truth.org/
http://911research.wtc7.net/talks/towers/text/index.html
http://gordonssite.tripod.com/id2.html
http://www.exodus2006.com/9_11.htm
http://www.exodus2006.com/911-aircraft.htm

Video
http://video.google.co.uk/videoplay?docid=7866929448192753501
http://video.google.co.uk/videoplay?docid=-8129564295534231536

Engineers and Architects Question the 9/11 Commission Report
http://patriotsquestion911.com/engineers.html

Pilots and Aviation Professionals Question the 9/11 Commission Report
http://patriotsquestion911.com/pilots.html

Professors Question the 9/11 Commission Report
http://patriotsquestion911.com/professors.html

Highly Credible People Question the 9/11 Commission Report
http://www.911blogger.com/node/11094
http://www.911blogger.com/node/11112

Lone Nut Makes $1 DVDs Available For Those Who Question the 9/11 Commission Report
http://www.onedollardvdproject.com

This Wednesday is the first day of the year 2000 in the Ethiopian calendar, and Thursday is the first day of the year 5768 in the Hebrew calendar.

Andy McCracken

 

Exodus 2006 - NEWSLETTER - No.42 - 25th March 2007

This newsletter is an update to the last one. After I sent out the previous newsletter, I was emailed a link to a French language website, and this was reporting that a Russian agency is predicting that Iran will be attacked early April, perhaps on the 6th.
So, I asked Fab to look for Bible codes that included a full date around then. The 6th of April is the 18th of Nisan 5767, in the Hebrew calendar, and that is the only date in the month of Nisan that is encoded. The actual code is typically cryptic, you can see it here, and also the story about the 6th is linked and translated on this page -
http://www.exodus2006.com/Fab2/6April2007.htm
Who the "bright men of the cult" are, remains to be seen, as does what they are to be swallowed by.
If the Russians do have reason to believe it is to be on the 6th, they will have told the Iranians, and this might be a reason why Ahmadinejad pulled out of a trip to the UN at short notice. Also there is the capture of the 15 British sailors all happening at around the same time. Possibly these were special forces, I haven't found the official story very convincing so far, and it is definitely a sign of something unusual going on.
Another story that caught my eye was this one -
http://www.bloomberg.com/apps/news?pid=20601087&sid=akO7Y_ORw538 - Navy Lacks Plan to Defend Against `Sizzler' Missile - Follow the link to read the full story.
March 23 (Bloomberg) -- The U.S. Navy, after nearly six years of warnings from Pentagon testers, still lacks a plan for defending aircraft carriers against a supersonic Russian-built missile, according to current and former officials and Defense Department documents.
The missile, known in the West as the ``Sizzler,'' has been deployed by China and may be purchased by Iran. Deputy Secretary of Defense Gordon England has given the Navy until April 29 to explain how it will counter the missile, according to a Pentagon budget document.
The Defense Department's weapons-testing office judges the threat so serious that its director, Charles McQueary, warned the Pentagon's chief weapons-buyer in a memo that he would move to stall production of multibillion-dollar ship and missile programs until the issue was addressed.
``This is a carrier-destroying weapon,'' said Orville Hanson, who evaluated weapons systems for 38 years with the Navy. ``That's its purpose.''

The Iranians are known to already have the Russian "Sunburn" missile -
http://www.rense.com/general59/theSunburniransawesome.htm
And, in 1987, during the Iran-Iraq war, the USS Stark was nearly cut in half by a pair of Exocets while on patrol in the Persian Gulf. On that occasion US Aegis radar picked up the incoming Iraqi fighter (a French-made Mirage), and tracked its approach to within 50 miles. The radar also “saw” the Iraqi plane turn about and return to its base. But radar never detected the pilot launch his weapons. The sea-skimming Exocets came smoking in under radar and were only sighted by human eyes moments before they ripped into the Stark, crippling the ship and killing 37 US sailors.
Not only is the Sunburn much larger and faster, it has far greater range and a superior guidance system. Those who have witnessed its performance trials invariably come away stunned. According to one report, when the Iranian Defense Minister Ali Shamkhani visited Moscow in October 2001 he requested a test firing of the Sunburn, which the Russians were only too happy to arrange. So impressed was Ali Shamkhani that he placed an initial order for six of the missiles.
The Sunburn can deliver a 200-kiloton nuclear payload, or: a 750-pound conventional warhead, within a range of 100 miles, more than twice the range of the Exocet. The Sunburn combines a Mach 2.1 speed (two times the speed of sound) with a flight pattern that hugs the deck and includes “violent end maneuvers” to elude enemy defenses. The missile was specifically designed to defeat the US Aegis radar defense system.

My advice would be to buy fuel before the 6th, fill your car up in case there is some panic buying, because the Iranians have said they will target oil production in countries they consider to be too friendly with the US. If you have shares in the stock market, I think it would be safer to sell now, because there could be a big sell-off if anything happens that might seriously interrupt oil production.

Andy

(This newsletter is also online here http://exodus2006.com/newslet3.htm )

 

Exodus 2006 - NEWSLETTER - No.41 - 19th March 2007

It has been a fairly quiet time since the last newsletter in January. The main topic of concern, since then, has been the build-up for a war with Iran. New stories on this subject are appearing almost daily, on the newsgroups and blogs, so my intention here is to give you an overview and some analysis.
There was a Bible code found, ahead of time, with the date of 23rd May 2006 within it.
http://www.exodus2006.com/fab/23may.htm
The significance of that date seems to be a meeting between Bush and Olmert. It has been reported since, that at that meeting it was decided that the Israelis would hit Hezbollah in 2006, and that America would deal with Iran in 2007. This seems to be the case, with reports since that Pentagon planners were ordered to prepare an up-to-date strike plan for an attack on Iran, and that there was a heated policy discussion on whether to use nuclear bunker-busters against underground facilities.
It is thought that using nukes has been ruled-out of the initial plan, due to the likely fall-out, but we don't really know that for sure. Another rumour is that Bush has ordered it to be made ready so that he can launch an attack within 24 hours. This reminds one of the Israeli response to the Hezbollah kidnapping. What we don't know, is whether the plan is to wait, like the Israelis, for a suitable excuse to start bombing, or whether Bush will just decide to do it, as the commander in chief who knows best.
You may be thinking, as many are, that it isn't possible to launch a new war against Iran while the army is so busy in Iraq. However, the plan seems to be to mainly use air power, delivered by the Air Force and the Navy, and the Marines have been preparing to play a part too. It has been fairly widely reported that the Navy are there and are ready, with 2 carrier strike groups off the coast of Iran now. Less widely reported, are deployments of marines to bases in the area, and similar movements of planes to airfields within reach of Iran. All this is consistent with being ready to strike at 24 hours notice, and I think all is more-or-less ready now, or soon will be.
There were rumours that it would be in the spring, so any time in the next couple of months, in that case. The only other thing, I have heard, that might indicate the timing, is from the Iranians, where some of the religious authorities predict the return of the Mahdi on March 21st, an event similar to the "second coming" to Shia Islam. I don't know if that is at all relevant, but since it is only a few days away, I thought it was worth mentioning.

The big question, in the event of an attack on Iran, is what the likely results will be. The intended results appear to be to disable the Iranian nuclear program, and the Iranian military generally, and perhaps regime change and privatisation of the oilfields. This is indicated by the details of the attack plan, which is not just a quick strike on the nuclear plants, but a 3-week campaign of bombing. A preliminary target list was leaked onto the internet, and which included many government, infrastructure, and military targets - much along the lines of the Israeli bombing of Lebanon, and both the previous American air campaigns against Iraq.
There seems to be an assumption, generally, that Iran will just sit there and take it, or whatever they decide to do won't be very effective. This seems to have been Olmert's line of thinking about Hezbollah, when at the start he was talking about Hezbollah being quickly degraded, and that their missiles would soon be knocked out by the airstrikes. Although the IAF bombed their targets successfully, Hezbollah had dispersed themselves and hidden all their weapons in olive groves and orchards, and were not seriously affected.
The Serbs in Kosovo first used these tactics. They didn't withdraw until ground forces were being sent in, and the NATO estimated were that they would have had about an 80% attrition rate from the months of bombing, but the British forces were amazed to see them pulling out largely unscathed. The way it is done is to construct a suitable number of cheap dummy targets, and then hide the army under trees, inside small buildings, or buried under junk. Then only move around in bad weather or at night.
I'm sure Iran learned lessons from Hezbollah's experience and maybe taught them many of these tactics. Consider also the military advantage of surprise. Since it is at least 5 years since Iran was labelled as part of an axis of evil, it has had a long time to prepare, and has worked hard to develop relations with Russia and China.
Since then Iran has seen what happened to Iraq, right next door, and they have probably seen the target list on the internet too.
So there will be no element of surprise.
The Iranians have informed neighbouring countries, that have American bases, that they will be attacked in retaliation. This will be via missiles, since the Iranians don't have a large airforce, and it was in the press a couple of months ago that Patriot missile batteries were being dispatched to provide extra defence to some countries that were likely to be in range.
See http://www.worldnetdaily.com/news/printer-friendly.asp?ARTICLE_ID=54427 'Devastating response' if Iran nukes attacked
Unfortunately the Patriot missiles are largely ineffective against missiles, although effective against aircraft; according to a report released a few years after the very good press they got defending Israel from Iraqi scuds. It seems that despite a morale-boosting display of explosions in the sky, they rarely caused much damage to the falling scuds. Tests of newer systems, that I have seen reported so far, don't suggest they will be an effective defense against most missiles.
The big question is what warheads the Iranians have available for their largest missiles. The worst case is that they did obtain nuclear weapons from Ukraine, which is not totally unlikely, since it makes little sense to manufacture large expensive missiles and to then put a small and cheap bomb on the top. That wouldn't be an effective weapon system, you need a large explosion or you can't rely on destroying your target. I have been wondering for some time whether Iran has been running a deliberate provocation, with it's nuclear program etc, as an excuse to unleash a massive retaliation.
See http://www.newswithviews.com/Schwiesow/jim16.htm - IS THE END UPON US?
Iran has also bought a large number of missiles from Russia and China, which are designed to be effective against aircraft and ships, and they may well be. I am old enough to remember the Falklands war, and the sinking of some modern British warships by Exocet missiles. These were French built missiles and the Argentineans only had a few of them, but once launched they flew fast and low and blew a big hole right through some of our best ships. The Iranians have a Russian missile called Sunburn, which is bigger, much faster, and can travel much further. So the next worst case is a turkey shoot of American warships.
Of course, there will be a serious retaliation against the Iranians if those things happen, so it doesn't seem very rational that they would, but since the Iranians expect the Mahdi to come any day now, I don't know that rational thinking is to be expected. There are several Bible codes saying that Iran will be destroyed, so I won't be surprised if it is.
Another factor is the attitude of the Russians and Chinese, which might not be good if they are affected by nuclear fallout from one of their friends being nuked. Putin has already issued a statement to say he won't be happy if Iran is attacked. He didn't say what he would do about it, but I expect there are some Russians employed in looking at various options. The Chinese are holding a trillion dollars due to the trade imbalance of recent years. The recent falls in the stock markets are not unrelated to this situation, and Iran may be a factor in it too. It is certainly possible, that they may consider it worth taking a loss, by dumping their dollars into the financial and foreign exchange markets, if it will bring America down. They are using a lot of Iranian oil and will not be happy if that is to be stopped.
There is always a chance that none of this will happen, but Bush has a lot of domestic problems at the moment, and a successful strike on Iran must be a tempting option at this time. This would be a way to take things forward; although there is reported to be some opposition among the military.
See http://www.timesonline.co.uk/tol/news/world/iraq/article1434540.ece US generals ‘will quit’ if Bush orders Iran attack
and
http://www.newyorker.com/reporting/2007/03/05/070305fa_fact_hersh?printable=true
Still, the Pentagon is continuing intensive planning for a possible bombing attack on Iran, a process that began last year, at the direction of the President. In recent months, the former intelligence official told me, a special planning group has been established in the offices of the Joint Chiefs of Staff, charged with creating a contingency bombing plan for Iran that can be implemented, upon orders from the President, within twenty-four hours.
In the past month, I was told by an Air Force adviser on targeting and the Pentagon consultant on terrorism, the Iran planning group has been handed a new assignment: to identify targets in Iran that may be involved in supplying or aiding militants in Iraq. Previously, the focus had been on the destruction of Iran’s nuclear facilities and possible regime change.
Two carrier strike groups—the Eisenhower and the Stennis—are now in the Arabian Sea. One plan is for them to be relieved early in the spring, but there is worry within the military that they may be ordered to stay in the area after the new carriers arrive, according to several sources. (Among other concerns, war games have shown that the carriers could be vulnerable to swarming tactics involving large numbers of small boats, a technique that the Iranians have practiced in the past; carriers have limited maneuverability in the narrow Strait of Hormuz, off Iran’s southern coast.) The former senior intelligence official said that the current contingency plans allow for an attack order this spring. He added, however, that senior officers on the Joint Chiefs were counting on the White House’s not being “foolish enough to do this in the face of Iraq, and the problems it would give the Republicans in 2008.”

http://www.321gold.com/editorials/moriarty/comment/20070311.html 30-day Countdown to War

Personally, I think this war is likely, and if it does go nuclear I will be heading off to Axum.
Here are a couple of recent stories about Ethiopia to finish off this unusually lengthy newsletter -
Over 30,000 Jamaicans coming to Ethiopia for Millennium celebration
http://nazret.com/blog/index.php?title=ethiopia_jamaica_over_30_000_jamaicans_c&more=1&c=1&tb=1&pb=1
Most of Ethiopia is safe to visit, tour firms say
http://www.twincities.com/mld/twincities/living/travel/16912166.htm

Andy

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