Thursday, August 4, 2011

Binocular Snapshot for 8/04/2011

LastDayWatchers as the numbers mount up because of God curse to the Bush/Obama Administrations

Three members of the United States-led military coalition were killed Wednesday in Afghanistan, NATO said

"The coalition said two died in a roadside bombing in southern Afghanistan, where foreign forces are trying to hold the ground they seized from Taliban insurgents in major offensives over the past year, another died in eastern Afghanistan in an episode that was not related to combat.

So far this year, 328 foreign troops have been killed in Afghanistan. Last year, 404 died in the first seven months of the year.

Another died in eastern Afghanistan in an episode that was not related to combat."

Names of the Dead

"The Department of Defense has identified 1,672 American service members who have died as a part of the Afghan war and related operations. It confirmed the deaths of the following Americans this week:

 DOLPHIN, Patrick R., 29, Staff Sgt., Marines; Moscow, Pa.; Second Marine Special Operations Battalion.

 GROSSPANIAGUA, William B., 28, Sgt., Army; Daly City, Calif.; 25th Infantry Division.

 KANCLER, Dennis E., 26, Sgt., Marines; Brecksville, Ohio; Second Marine Special Operations Battalion.

 LUCAS, Leon H. Jr., 32, Staff Sgt., Marines; Wilson, N.C.; First Marine Division.

 SCOTT, Brice M., 22, Pfc., Army; Columbus, Ga.; First Infantry Division.

 WRINKLE, Christopher M., 29, Sgt., Marines; Dallastown, Pa.; Second Marine Special Operations Battalion."

So will the number to the economy

Investors fled stocks on Thursday, putting the S&P 500 into correction territory, as worries about the U.S. economy and European debt escalated

"All three indexes were down 2 percent, having fallen more than 3 percent each at one point. Decliners beat advancers on the New York Stock Exchange by 14 to 1.

"People are throwing in the towel because they can't find relief on any front. There are a lot of worries about the economy," said Milton Ezrati, market strategist at Lord Abbett Co. in Jersey City, New Jersey, which manages $110 billion in assets.

The S&P 500's losses since its May 2nd intraday high have now reached more than 10 percent, putting it in correction territory."

Shoppers won't shop. Companies won't hire. The government won't spend on economic stimulus - it's cutting instead. And the Federal Reserve is reluctant to do anything more.

"Without much to invigorate growth, the economy may be in danger of slipping into a stupor like the one Japan has failed to shake off for more than a decade. And Wall Street is spooked.

Even with the gain, the Dow has fallen 828 points, or 6.5 percent, over the past nine trading days. Investors didn't even pause to celebrate the resolution over the weekend of a dangerous debt standoff in Washington."

Just as the May 15th Prophecy have proclaimed with 100% accuracy written at LastDayWatchers