Wednesday, March 19, 2014

Escalation At Syrian-Israeli Border: More Rumors Of War

Four Israel Defense Forces soldiers were wounded on Tuesday when their patrol jeep apparently ran over a bomb near the Israel-Syria border. The army initially said three soldiers were lightly to moderately injured but later announced that there was a fourth soldier wounded and that he was in “severe” condition.
The incident occurred near Majdal Shams, and the soldiers were evacuated to Rambam Hospital in Haifa. They were apparently hit after they spotted a suspicious person near the fence and approached to investigate.
Light arms fire was also apparently directed at the patrol, according to Maariv.
The military reportedly returned artillery fire into Syria, hitting sites in the nearby city of Quneitra, including a Syrian army base. “The IDF retaliated toward Syrian Military positions,” the army said in a statement.
Prime Minister Benjamin Netanyahu said the attack came amid a recent influx of “jihadists and Hezbollah members” near Syria’s border with Israel, which he said “poses a new challenge.”
Netanyahu, who spoke at a meeting of his Likud faction, added, “In the past few years, we’ve succeeded in keeping the peace in the face of the civil war in Syria, and here too we will act forcefully to maintain Israel’s security.”
The IDF announced in a tweet that it held the Syrian army responsible for the attack.

Prime Minister Benjamin Netanyahu said Wednesday that the air force’s early morning strikes on Syrian military positions had targeted units involved in Tuesday’s attack on an IDF patrol.

“Last night, the IDF attacked targets in Syrian territory,” Netanyahu said at the start of the weekly cabinet meeting. “These were targets of Syrian elements that not only facilitated, but also cooperated with, the attacks on our forces. Our policy is very clear: We attack those who attack us. We are also, to the best of our ability, interdicting the transfer of weapons by sea, air and land, and this activity will continue.”

IAF aircraft retaliated early Wednesday morning for the attack on an Israeli patrol near the Israeli-Syrian border, bombing several Syrian positions in the Golan Heights, the army spokesperson said.
According to the army, Israel targeted a Syrian army training facility, military headquarters and artillery batteries that “aided and abetted” the roadside bombing attack, which injured four soldiers, one of them seriously.

In a sharply worded statement, Defense Minister Moshe Ya’alon confirmed that Israeli warplanes had bombed “several targets associated with the Syrian army and defense establishment that aided and abetted yesterday’s terror attack,” and issued a pointed warning to Syrian President Bashar Assad, whom he blamed for the attack.

“We won’t tolerate any breach of our sovereignty or attacks against our soldiers and civilians,” he said. “We will react with might and resolve against anyone who acts against us, no matter where and when, as we demonstrated last night. Anyone who tries to attack us will be signing their own death sentence.”
The defense minister went on to declare that if the Syrian president “will continue to cooperate with terror elements that aspire to harm the State of Israel, we will continue to exact from him a heavy price in a manner that will make him regret his actions.”
The IDF spokesperson tweeted earlier that Israel held the Syrian military responsible for Tuesday’s attack, which occurred near Majdal Shams. 

Israeli air strikes on Wednesday against Syrian military sites near the Golan Heights killed one person and wounded seven others, Syria's armed forces said, warning that the attacks endangered stability in the region.

An armed forces statement said the strikes targeted three sites near the town of Qunaitra
It is periodically necessary for Israel to take "aggressive action" so that the quiet in the north will be maintained, Prime Minister Binyamin Netanyahu said Wednesday just hours after the IAF hit targets in Syria in response to Tuesday's attack on an IDF jeep on the Golan Heights.

On Tuesday afternoon a bomb blast on the Golan Heights left four IDF soldiers wounded. A few hours later, it’s still difficult to point a finger at a culprit with any degree of certainty. One can conclude, however, that after two and a half weeks in which four similar incidents have taken place, an invisible hand seems to be attempting to steer the region toward escalation, without leaving any fingerprints.
The first suspect is, naturally, Hezbollah. Though the Syrian Golan Heights are not the Lebanese Shiite group’s expected launching ground for attacks on Israel, the organization is currently stationed at almost every point throughout Syria.

Hezbollah has several scores to settle with Israel. The IAF’s reported strike on a weapons convoy in the Bekaa Valley and the assassination of Hassan al-Laqis left the Lebanese group with an appetite for revenge. It also has the ability to carry out attacks of the sort seen Tuesday. Therefore, the likelihood that Hezbollah or one of its affiliates are the ones trying to strike Israeli targets along the border fence is quite high.

Hezbollah-affiliated media reported that the Syrian army is continuing to advance in the Yabroud region. It is conceivable that as these significant military achievements continue, Hezbollah will be able to allocate more resources in an attempt to draw blood from Israelis on the Golan Heights and the surrounding areas.

Also see:

A Ukrainian serviceman was killed on Tuesday at a Ukrainian base that came under attack in Crimea’s main town Simferopol, the first death on the peninsula from a military clash since the region came under Russian control three weeks ago. As news spread of the death of the serviceman, in an assault on the base by unknown attackers, Ukraine’s pro-Western prime minister denounced it as a “war crime” and called for international talks to prevent an escalation of the conflict.
He said the attackers had told the Ukrainian servicemen that they were under arrest and their documents were confiscated. It was unclear, Seleznyov said, who had staged the assault.
He described the attackers as “unknown forces, fully equipped and their faces covered”.

 The probability that these were state-sponsored Russian or Crimean (now one in the same) forces is extremely high. The attackers were fully equipped, suggesting this wasn’t some band of rogue terrorists or rebels. The only full equipped personnel with their faces covered currently operating in Crimea are Russian troops.

If Ukraine’s prime minister is calling this act a “war crime,” then we can only assume that they now believe they are, in fact, in the midst of a war. And that may well be the case. If not today, then in coming days and weeks. In Crimea, Russia has mobilzed at least 80,000 troops, while the Ukranians have themselves sent 40,000 troops to defend the border in what neighboring Estonia has suggested will lead to an invasion by Russian troops.

What would you do if the Internet or the power grid went down for over a year?  Our key infrastructure, including the Internet and the power grid, is far more vulnerable than most people would dare to imagine.  These days, most people simply take for granted that the lights will always be on and that the Internet will always function properly.  But what if all that changed someday in the blink of an eye?  According to the Federal Energy Regulatory Commission's latest report, all it would take to plunge the entire nation into darkness for more than a year would be to knock out a transformer manufacturer and just 9 of our 55,000 electrical substations on a really hot summer day.  The reality of the matter is that our power grid is in desperate need of updating, and there is very little or no physical security at most of these substations.  If terrorists, or saboteurs, or special operations forces wanted to take down our power grid, it would not be very difficult.  And as you will read about later in this article, the Internet is extremely vulnerable as well.
When I read the following statement from the Federal Energy Regulatory Commission's latest report, I was absolutely floored...

"Destroy nine interconnection substations and a transformer manufacturer and the entire United States grid would be down for at least 18 months, probably longer."

FERC studied what it would take to collapse the entire electrical grid from coast to coast.  What they found was quite unsettling...

In its modeling, FERC studied what would happen if various combinations of substations were crippled in the three electrical systems that serve the contiguous U.S. The agency concluded the systems could go darkif as few as nine locations were knocked out: four in the East, three in the West and two in Texas, people with knowledge of the analysis said.
The actual number of locations that would have to be knocked out to spawn a massive blackout would vary depending on available generation resources, energy demand, which is highest on hot days, and other factors, experts said. Because it is difficult to build new transmission routes, existing big substations are becoming more crucial to handling electricity.

Forget tapering. Forget Ukraine. The largest single risk to the world economy and financial markets right now is China.
What’s going on in China reminds me a lot of what I witnessed firsthand when I lived in South Korea in the 1990s, before that economy’s crash in 1998.
Just as China now, South Korea was an immature, state-controlled financial system funneling cheap money to well-connected and politically favored large enterprises.
Fuelled by a steady diet of cheap money, these companies kept adding capacity with no regard to profitability or return on capital. They simply focused on producing more stuff and expanding their size. They employed more people, and everyone was happy.
But, all the while, they were borrowing more and more money, until eventually they collapsed under the debt load when liquidity dried up.
Before Korea, the exact same thing happened in Japan, and a giant, unsustainable debt binge brought the “miracle economy” to its knees.
But the Korean and Japanese debt bubbles are nothing compared to what we see in China today.
Consider this: in the last five years, the Chinese created $16 TRILLION in credit that is now circulating in the economy… financing ghost cities and useless infrastructure projects.
Floor space per capita in China is now 30 square meters (about 320 sq. ft.) per person. Japan was at that level in 1988. And the economy burst the following year.
More astounding, this $16 trillion in credit is DOUBLE the $8 trillion in credit that China created in the previous 5,000+ years of its existence.
The Chinese government recognizes it has a problem. It realizes it can no longer keep the dam from breaking. 

1 comment:

Scott said...

You know the rules by now. I'll post anything that includes a reasonable discussion on the news as pertaining to prophecy or prophecy in general. Or questions as such. But I don't appreciate your taunting and mocking of those of us who anxiously await the return of the Lord and I certainly won't post that. I'm not sure how that could be coming from God. I think you know what is reasonable and what is not. I also don't believe the market has anything at all to do with the return of Jesus - with the exception that the gathering up will most likely precipitate a huge crash in all international markets.