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This is very disconcerting.  It is not like missiles get shot everyday in America.  This isn’t Israel, or is that where we are headed.  We need to keep an eye on this.  You can see from the picture that it is definitely a missile, and a very large one by the trail.  There is also a link to video of it at the end of the article.

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Missile Shot Off Los Angeles Still a Mystery for Pentagon Officials

A video that appears to show a missile launch off the coast of California is so far “unexplained” by anyone in the military, a Pentagon spokesman told reporters Tuesday morning 

Col. Dave Lapan said he is not able to concur with an official from North American Aerospace Defense Command/U.S. Northern Command who told Fox News earlier that there was “no threat to the homeland.” 

Lapan said the military doesn’t know exactly what the so-called mystery missile was so can’t say it’s harmless.

A local CBS affiliate in Los Angeles on Monday evening captured on video the image of the “spectacular” projectile flying about 35 miles out to sea, west of Los Angeles and north of Catalina Island.

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More puzzling earthquakes…

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Rare earthquake in Sacramento-San Joaquin Delta puzzles experts

It was a small earthquake, measuring just 3.1 on the Richter scale, but its location in the heart of the Sacramento-San Joaquin Delta has experts buzzing.

The Oct. 15 quake was centered 7 miles northwest of Lathrop, on Union Island. No faults are known to exist in that area, where earthquakes are rare.

The temblor could offer new insights on safety issues in the Delta, where concerns about flood protection and water quality during a major quake have been growing. It is also a reminder that many mysteries lurk below ground – even in California, a nucleus of earthquake research.

“It was a surprise to us,” said Jack Boatwright, a geophysicist at the U.S. Geological Survey in Menlo Park who is studying the quake. “There’s something down there that we don’t know about.”

Catie Marchini felt the quake when it struck at 4:04 a.m. She and her husband live on the western edge of Manteca, about 10 miles southeast of the epicenter.

“My husband I both woke up, because we heard the house creak and we didn’t know what it was at first,” said Marchini, 29. “It was kind of weird, because both my husband and I are pretty heavy sleepers.”

Marchini grew up on a farm that sits on the quake’s epicenter. Her parents still live there, in a house on Roberts Island, just across the river from Union Island.

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Click on the article title for a link to full original referenced article.

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More Global Currency discussion heads the IMF meetings this week.  These discussion are so out in the open now and common place.

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GLOBAL ECONOMY WEEKAHEAD-Currency war fears tinge IMF meetings

WASHINGTON, Oct 3 (Reuters) – If there’s one thing the world’s economic powers can agree on, it’s that none of them wants a strong currency right now.

Most advanced economies expect lukewarm domestic growth at least through next year, leaving them unusually export-dependent. The major emerging economies, including China and Brazil, rely on exports too. They all know a weaker currency gives their goods a competitive advantage.

Fears that a currency war may be brewing will likely dominate talks when financial leaders gather at the twice-yearly International Monetary Fund and World Bank meetings in Washington beginning on Friday.

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Something to think about, not only are we tied to China through debt and durable goods, but also the specialized metals that make up a lot of the durable goods we buy and depend on daily…

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China Hold on Metals Worries Washington

WASHINGTON—China’s control of a key minerals market has U.S. military thinkers and policy makers alike worried about access to materials that are essential for 21st-century technology like smartphones—and smart bombs.

The concern over supplies of so-called rare-earth elements was highlighted this week by a report that Chinese customs officials had blocked exports of the materials to Japan. On Thursday, Beijing denied those reports. “China doesn’t block rare-earth exports to Japan,” said Chen Rongkai, a spokesman for China’s Ministry of Commerce.

Laborers at a rare-earth mine in August in Jiangxi province. China holds the majority of rare-earth materials.

METALS

At issue is a group of 17 metallic elements with magnetic properties suited for high-tech applications such as computer hard drives and digital cameras. Rare-earth elements are also key to “green” technology: Energy-efficient light bulbs use europium and yttrium, while hybrid car batteries and wind-power turbines use neodymium.

While rare-earth ore deposits are found around the globe, China’s dominance in mining and processing the elements has raised alarms in Washington. According to an April 2010 Government Accountability Office report, China now produces approximately 97% of the world’s rare-earth oxides, the raw materials that can be further refined into metals (more…)

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It is pretty bold of him to say we have dodged depression.

I am not sure any of the economic indicators back that up.

But that doesn’t stop the deception.

If we look to prophecy, we know that the current world’s economy must be brought down and replaced with a cashless system that can be used by the Antichrist to control who can buy and sell.

It is just a matter of timing, we see the tools being created and put in place today.

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Obama tells UN leaders world has dodged depression

UNITED NATIONS – President Barack Obama is calling on world leaders to support new efforts to bring about peace in the Mideast, while declaring the global economy has been “pulled back from the brink of a depression.”

Obama, visiting the United Nations where world leaders are gathered, says “America has joined with nations around the world to spur growth and renewed demand that could restart job creation.”

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More economic news from someone who has been more right lately than most….

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Doomsday warnings of US apocalypse gain ground

Economists peddling dire warnings that the world’s number one economy is on the brink of collapse, amid high rates of unemployment and a spiraling public deficit, are flourishing here.

The guru of this doomsday line of thinking may be economist Nouriel Roubini, thrust into the forefront after predicting the chaos wrought by the subprime mortgage crisis and the collapse of the housing bubble.

“The US has run out of bullets,” Roubini told an economic forum in Italy earlier this month. “Any shock at this point can tip you back into recession.”

But other economists, who have so far stayed out of the media limelight, are also proselytizing nightmarish visions of the future.

Boston University professor Laurence Kotlikoff, who warned as far back as the 1980s of the dangers of a public deficit, lent credence to such dark predictions in an International Monetary Fund publication last week.

He unveiled a doomsday scenario — which many dismiss as pure fantasy — of an economic clash between superpowers the United States and China, which holds more than 843 billion dollars of US Treasury bonds.

“A minor trade dispute between the United States and China could make some people think that other people are going to sell US treasury bonds,” he wrote in the IMF’s Finance & Development review.

“That belief, coupled with major concern about inflation, could lead to a sell-off of government bonds that causes the public to withdraw their bank deposits and buy durable goods.”

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Mind boggling statistics, all while plunging into a recession.

Not sure you could do much more to run us into the ground.

Oh wait?

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Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data


President Barack Obama speaks in Seattle on Tuesday, August 17, 2010. (AP Photo/Carolyn Kaster)

(CNSNews.com) – In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.

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