True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists. Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

FIRST, THE POPULATION WAS DUMBED DOWN through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.

THEN THEIR FAITH IN GOD WAS DESTROYED, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more than happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

THE FINAL COLLAPSE HAS COME WITH THE ELECTION OF BARACK OBAMA. His speed in the past three months has been truly impressive. His spending and money printing has been record setting, not just in America's short history but in the world. If this keeps up for more than another year, and there is no sign that it will not, AMERICA AT BEST WILL RESEMBLE THE WIEMAR REPUBLIC AND AT WORST ZIMBABWE.

These past two weeks have been the most breath taking of all. First came the announcement of a planned redesign of the American Byzantine tax system, by the very thieves who used it to bankroll their thefts, loses and swindles of hundreds of billions of dollars. These make our Russian oligarchs look little more then ordinary street thugs, in comparison. Yes, the Americans have beat our own thieves in the sheer volumes. Should we congratulate them?

Prime Minister Putin, less than two months ago, warned Obama and UK's Blair, not to follow the path to Marxism, it only leads to disaster. Apparently, even though we suffered 70 years of this Western sponsored horror show, we know nothing, as foolish, drunken Russians, so let our "wise" Anglo-Saxon fools find out the folly of their own pride. Again, the American public has taken this with barely a whimper... but a "freeman" whimper.

The Russian owners of American companies and industries should look thoughtfully at this and the option of closing their facilities down and fleeing the land of the Red as fast as possible. In other words, divest while there is still value left. The proud American will go down into his slavery without a fight, beating his chest and proclaiming to the world, how free he really is. The world will only snicker.

A top Chinese army official attending the meeting in Singapore called on Pyongyang to move to denuclearisation. Earlier, the US said activity in the North could indicate plans for a new long-range missile test. Vehicle movements resembled the build-up to a test last month, the US said.

Speaking in Singapore, Mr Gates made it clear the US would take an extremely dim view of more nuclear or missile testing by North Korea. "The truth of the matter is if they continue on the path they are on, I think the consequences for stability in the region are significant."

"We will not stand idly by as North Korea builds the capability to wreak destruction on any target in the region or on us," Mr Gates added. But he insisted the next step in negating Pyongyang's ambitions would be political, not military. The Pentagon chief also argued for bolstering diplomatic relations with China, and cited common challenges facing regional Asian powers: counterterrorism, piracy, energy security and disaster relief.

"It is essential for the United States and China to find opportunities to co-operate wherever possible," he said. The BBC's Asia correspondent, Jonathan Head, says Mr Gates' speech is probably intended to reassure countries in this region that the new administration in Washington is committed to supporting its allies.

Since The Daily Telegraph began exposing their claims, 12 MPs have said they will step down in response to public anger at their behaviour. Others are expected to follow in the weeks ahead. Despite effectively admitting their actions have been unacceptable to the public, none of the MPs is stepping down immediately. Instead, they intend to remain in their jobs until the next general election, which must be called by June next year at the latest. More than one million people could now miss out on proper representation because they live in seats held by MPs with no hope of re-election.

The prospect of generous rewards for so many lame-duck MPs will add to the pressure on Gordon Brown to call a general election this year instead of waiting until 2010. By staying in the Commons for another year, shamed MPs stand to make significant financial gains. In addition to their £64,766 salaries, they will still accrue pension rights and then, on stepping down, be able to claim thousands of pounds in new allowances.

MPs who leave the Commons at a general election can claim a "resettlement grant" worth as much as a whole year's salary. The first £30,000 of the grant is tax free. Significantly, the grant may not be claimed during a parliament, meaning that MPs who step down before a general election are not eligible for the payment.

"I am 100 percent sure that the US will go into hyperinflation," Faber said. "The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate."

Federal Reserve Bank of Philadelphia President Charles Plosser said on May 21 inflation may rise to 2.5 percent in 2011. That exceeds the central bank officials' long-run preferred range of 1.7 percent to 2 percent and contrasts with the concerns of some officials and economists that the economic slump may provoke a broad decline in prices.

"There are some concerns of a risk from inflation from all the liquidity injected into the banking system but it's not an immediate threat right now given all the excess capacity in the US economy," said David Cohen, head of Asian economic forecasting at Action Economics in Singapore.

Faber, who said he's adding to his gold investments, advised buying the precious metal at the start of its eight-year rally, when it traded for less than $300 an ounce. The metal topped $1,000 last year and traded at $949.85 an ounce at 12:50pm Hong Kong time. He also told investors to bail out of US stocks a week before the so-called Black Monday crash in 1987, according to his Web site.

"I still expect that economic growth in the US is going to be negative through Q4, and that we'll see positive growth in Q1," Roubini told Reuters in an interview on the sidelines of the Seoul Digital Forum.

Roubini stood by a recent article in which he mentioned the possibility of a "PERFECT STORM" IN 2010. "There is even a risk of a double dip, a W-shaped recession at the end of next year," he said, A COMBINATION OF RISING OIL PRICES, RISING PUBLIC DEBT AND INCREASES IN REAL INTEREST RATES, RISING CONCERNS ABOUT INFLATION AND THE EXPIRATION OF A NUMBER OF TAX CUTS IN THE UNITED STATES."

The magnitude 7.1 quake struck at 2:24am (4:24am EDT; 0824 GMT) off the Caribbean coast of Honduras, 80 miles (130 kilometers) northeast of the beach town of La Ceiba, according to the US Geological Survey in Golden, Colorado.

Democracy Bridge, which spans the country's largest river, the Ulua, collapsed in the town of El Progreso, Cordero said. The bridge is one of two connecting the northern city of San Pedro Sula, Honduras' second-largest, with the rest of the country. Officials closed the other bridge for inspection. "The central part of the bridge fell into the river," Cordero said.

San Pedro Sula is scheduled to host a summit of foreign ministers of the Organization of American States next week. There was no immediate indication that the event would be affected. In all, at least 24 houses collapsed along Honduras' Caribbean coast, according to Carlos Gonzalez, deputy director of the Permanent Emergency Commission. At least five wooden houses on stilts collapsed in three Belizean coastal towns, while Belize City residents ran into the street as glasses and framed pictures crashed off of shelves. A water tower toppled in the town of Independence and electricity was out all the way to the Mexican border, local officials said.

"I want to speak generally about some reports I've witnessed over the past few years in the British media. And in some ways, I'm surprised it filtered down," Gibbs began. "Let's just say if I wanted to look up – if I wanted to read a writeup today of how Manchester United fared last night in the Champion's League cup, I might open up a British newspaper."

"If I was looking for something that bordered on truthful news, I'm not entirely sure it'd be in the first pack of clips I'd pick up. You're not going to find very many of these newspapers and truth within 25 words of each other," Gibbs continued.

The announcement was the clearest indication yet that GM, the No 1 US automaker, is close to filing for bankruptcy under the direction of the Obama administration. It would be the biggest-ever bankruptcy for a US industrial company.

Under the proposed deal, which is supported by major institutional creditors holding about a fifth of its debt, bondholders representing $27 billion in debt would be offered 10 percent of a reorganized GM - the same stake they had been offered previously.

In a sweetener, bondholders would also receive warrants to acquire another 15 percent of the equity in the new company, provided they support a quick Treasury-backed sale process similar to one now being used for rival Chrysler.

The US delinquency rate jumped to a seasonally adjusted 9.12 percent from 7.88 percent, the biggest-ever increase, and the share of loans entering foreclosure rose to 1.37 percent, the Mortgage Bankers Association said today. Both figures are the highest in records going back to 1972. Fixed rates rose to 4.91 percent, Freddie Mac said, and an increase in bond yields earlier this week shows rates may continue rising.

The three-year housing decline is proving resistant to efforts by the Federal Reserve and the Obama administration to keep homeowners current on mortgages by allowing them to refinance or sell to buyers enticed by affordable terms. Prime fixed-rate home loans to the most creditworthy borrowers accounted for the biggest share of new foreclosures at 29 percent, MBA said, a sign job losses are hurting homeowners.

"If people don't have a paycheck they can't support a mortgage," Jay Brinkmann, the MBA's chief economist, said in an interview. "The longer the recession lasts the more people run through their savings reserves, leading to higher delinquencies and higher foreclosures."

Mr Sarkozy, 54, is the son of an 81-year-old Hungarian aristocrat who, a few months after D-Day in 1944, fled to Germany from the family home near Budapest as Russian troops advanced. After years of appeasing Hitler, the Hungarian government had entered the war against the Western allies in 1941.

As for his wife Carla Bruni, 41, she was raised by her stepfather, Alberto Bruni Tedeschi, whose family firm had close links with Benito Mussolini's murderous regime during the Second World War.

More ominously, Glick reports (likely from sources high up in the Israeli government) that the Obama administration has all but accepted as irreversible and unavoidable fact that Iran will soon develop nuclear weapons. She writes, "…we have learned that the [Obama] administration has made its peace with Iran's nuclear aspirations. Senior administration officials acknowledge as much in off-record briefings. It is true, they say, that Iran may exploit its future talks with the US to run down the clock before they test a nuclear weapon. But, they add, if that happens, the US will simply have to live with a nuclear-armed mullocracy [government by islamic mullah]."

In classic Stockholm Syndrome fashion, the Obama administration is empathizing more with the Iranian leaders who are holding Israel hostage than with the nation that may be wiped off the map if Iran acquires the bomb. ALL THIS MEANS IS THAT ISRAEL'S LIFE IS IN DANGER. If Iran gets the bomb, it will use it to kill six million Jews. No threat of retaliation will make the slightest difference.

One cannot deter a suicide bomber with the threat of death. Nor can one deter a theocracy bent on meriting admission to heaven and its virgins by one glorious act of violence. IRAN WOULD PROBABLY NOT LAUNCH THE BOMB ITSELF, anyway, but would give it to its puppet terrorists to send to Israel so it could deny responsibility. Obama, bent on appeasement, would likely not retaliate with nuclear weapons. AND ISRAEL WILL BE DEAD AND GONE.

Those sunshine Jewish patriots who voted for Obama must realize that WE, AS JEWS, ARE WITNESSING THE POSSIBLE END OF ISRAEL. We are in the same moral position as our ancestors were as they watched Hitler rise but did nothing to pressure their favourite liberal Democratic president, FDR, to take any real action to save them or even to let Jewish refugees into the country. If we remain complacent, we will have the same anguish at watching the destruction of Israel that our forebears had in witnessing the Holocaust.

The Jordanian monarch told the Times of London following his visit last month with President Obama that Israel would win the recognition of the 57-member Organization of the Islamic Conference (OIC) if it accepts the Saudi 2002 peace plan. Mussa said after a meeting of OIC foreign ministers in Damascus Saturday, "THIS IS NOT ON THE TABLE. ALL TALK OF THIS IS INACCURATE."

He said that Muslim countries might recognize Israel if Israel were to accept the Saudi plan but added, "We do not see any progress in the current circumstances." The Saudi plan calls for Israel to turn over to the Palestinian Authority all of the land that was restored to the Jewish State in the 1967 Six-Day War, including the Old City and neighbourhoods in Jerusalem where more than 250,000 Jews live today.

Mr Morner is the former chairman of the INQUA International Commission on Sea Level Change and formerly a Stockholm professor. According to The Australian, Mr Morner said THAT CLAIMS ABOUT SEA LEVEL RISINGS WERE FALSE AS THEY WERE ALL BASED ON COMPUTER MODEL PREDICTIONS. He added that his research was more accurate as it has involved ACTUALLY VISITING SITES TO MEASURE SEA LEVELS.

When he was running the International Commssion on Sea Level Change, Mr Morner launched a special project in which he and his team of scientists visited the Maldives to confirm that the SEA LEVELS HAD NOT RISEN IN HALF A CENTURY. WHEN MR MORNER OFFERED TO SCREEN A VIDEO EXPLAINING THE MYTH, THE GOVERNMENT REFUSED TO LET IT BE SHOWN.

"My worry is that there can be many false dawns and we shouldn't just assume that everything is over," he told The Times newspaper. "We have to have a rethink. You're going to have to throw away lots of economics and start again. How can anybody not say that when we've had the greatest financial crisis in 100 years?"

BUT THESE ACTIONS, LED BY THE UNITED STATES, HAVE ALARMED SOME WHO FEAR THEY WILL STOKE INFLATION. Traditional inflation harbingers like a steeper government debt yield curve and rising gold prices have flashed warning signals, while a weaker US dollar and near doubling in oil prices since January have also got people worried.

"The timing of when you need to start contracting (monetary policy) is critical and most likely, because of the lags in policy... they are going to be too late because of the politics of tightening," said Robert Eisenbeis, a former head of research at the Federal Reserve Bank of Atlanta.

"They are going to have to do it in the face of some fairly significant unemployment," said Eisenbeis, who is now chief monetary economist at Cumberland Advisors. The US jobless rate rose to 8.9 percent in April and some fear it will pierce 10 percent as the recession squeezes employers.