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Sorry did not find another Way to present my Live Focus matters for the next few days.

First, as you have probably already notice, English is not my first Languages, I thank you for Your Indulgence.

I read and write without ''Correctors''

I listen, read and write in the languages that have their roots in Latin, German, Greek, Hebrew and Sanskrit. So, when I comment it is a personnal perception, when I quote or refer to something I is authentic.

I am a volunteer on the International level and my ''Drive'' is to reduce morbidity and mortality and it is so for years.

I choose to entitled this diary; (The Sun, Volcanoes, Earthquakes, Snowstorms, Bernanke Adress, Persian Gulf, Iran, Russia, China) because the Convergences of ''Events'' is surprising to say the least.
SO here is my instinctive reaching out for informations.

Because of the Snowstorms, M. Bernanke adress in front of the Financial Service of the House of Representatives, here is M.Bernanke adress Strategy of the Federal Reserve Bank to get out of the Hesitations of the Economy. I will relay International Reactions to this Strategy of M. Bernanke.

For Tectonic Plates, Earthquakes and Volcanic activities I invite you at
Understanding Tectonic Plates Movements, Earthquakes and Volcanoes

In a Nut Shell, tectonic plates are longing for rest, after the Carrabean Plates bump, Haiti happenned, then we notice a rise of the intensity of Earthquakes all over the plates meeting Places. The Intensity is going down, wich is a Good News. There is one surprise tough, it is the Illinoix Earthquake of this morning. So I still Vigil on it.

M. Bernanke could not make his adress because of the Snowstorms so here is His Adress beginning at BusinessInsiders.

Okay, Here Is Our Exit Strategy
Ben Bernanke

Chairmen Frank and Watt, Ranking Members Bachus and Paul, and other members of the Committee and Subcommittee, I appreciate the opportunity to discuss the Federal Reserve's strategy for exiting from the extraordinary lending and monetary policies that it implemented to combat the financial crisis and support economic activity.

Broadly speaking, the Federal Reserve's response to the crisis and the recession can be divided into two parts. First, our financial system during the past 2-1/2 years has experienced periods of intense panic and dysfunction, during which private short-term funding became difficult or impossible to obtain for many borrowers. The pulling back of private liquidity at times threatened the stability of major financial institutions and markets and severely disrupted normal channels of credit. In its role as liquidity provider of last resort, the Federal Reserve developed a number of programs to provide well-secured, mostly short-term credit to the financial system. These programs, which imposed no cost on the taxpayer, were a critical part of the government's efforts to stabilize the financial system and restart the flow of credit.1 As financial conditions have improved, the Federal Reserve has substantially phased out these lending programs.

Second, after reducing short-term interest rates nearly to zero, the Federal Open Market Committee (FOMC) provided additional monetary policy stimulus through large-scale purchases of Treasury and agency securities. These asset purchases, which had the additional effect of substantially increasing the reserves that depository institutions hold with the Federal Reserve Banks, have helped lower interest rates and spreads in the mortgage market and other key credit markets, thereby promoting economic growth. Although at present the U.S. economy continues to require the support of highly accommodative monetary policies, at some point the Federal Reserve will need to tighten financial conditions by raising short-term interest rates and reducing the quantity of bank reserves outstanding. We have spent considerable effort in developing the tools we will need to remove policy accommodation, and we are fully confident that at the appropriate time we will be able to do so effectively.

Originally posted to Snowy Owl on Wed Feb 10, 2010 at 05:28 PM PST.

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Comment Preferences

  •  Tip Jar (4+ / 0-)
    Recommended by:
    k9disc, blueyedace2, Mz Kleen, dotsright

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 05:28:37 PM PST

  •  Via China, Russia has doubt about Iran (3+ / 0-)
    Recommended by:
    blueyedace2, Mz Kleen, dotsright

    Seem this morning (over there)on February 11th 2010 that Russia is bending towards the sanctions as the Secretary of the National Security of Russia said that Iran decision to go from 3% to 20% enriched uranium have raised doubts in other countries he stated yesterday.  via XinHua

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 05:46:11 PM PST

  •  Cant find it at the Fed Reserve Site at (0+ / 0-)

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 05:50:37 PM PST

  •  That is ONE HELL of a title. Almost you don't (0+ / 0-)

    want to read the diary because the title is totally schizophrenic

    Don't give a damn a/t each & every politician currently alive in the US. Last time i voted for the top part of the ballot was 1972. Never missed SB election

    by Mutual Assured Destruction on Wed Feb 10, 2010 at 06:10:07 PM PST

  •  Via France on the Son of the Shah of Iran (1+ / 0-)
    Recommended by:
    Mz Kleen

    Since Iran is starting to live a Test day, Rue89 met yesterday the 10th Reza Pahlavi, the Inheritor in exile of the exile of the Iran Shah.

    Reza Pahlavi, age, 49 live in Washington and he predict that non violent resistance will eventually bring down the mollahs regime.

    See video of Daily Motion via Rue89 Interview scroll down you can see the Interview.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 06:22:20 PM PST

  •  From engagement to confrontation with Iran BBC (0+ / 0-)

    From engagement to confrontation with Iran

    Statements out of Washington and other Western capitals suggest a shift from engagement to confrontation with Iran over its nuclear programme.

    "What we are going to be working on over the next several weeks is developing a significant regime of sanctions that will indicate to them how isolated they are from the international community as a whole," President Barack Obama told journalists earlier this week.

    The president sounded not unlike his predecessor George W Bush, who worked for years to contain Iran, a sign that Mr Obama's policy to engage with the Islamic Republic has failed.

    The question now is whether a new round of sanctions would be any more successful than those imposed under Mr Bush's watch.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 06:30:13 PM PST

  •  from the above (0+ / 0-)

    Bold are mine Snowy

    "Instead of pushing the falsehood that sanctions will give America leverage in Iranian decision making - a strategy that will end either in frustration or war - the administration should seek a strategic alignment with Iran as thoroughgoing as that effected by Nixon with China," writes Flynt Leverett of the New America Foundation in the New York Times.

    "On that basis America and Iran would forge a comprehensive framework for security as well as economic co-operation, something that Washington has never allowed the P5+1 group to propose."

    It's not clear whether the Iranian regime, facing both external opposition and internal division, would be capable of responding to such a proposal.

    But neither is it clear how more sanctions would change Iran's behaviour without risking increased regional tension or even conflict.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 06:40:39 PM PST

  •  GEOMAGNETIC STORM WARNING (1+ / 0-)
    Recommended by:
    crose

    Via Space Weather

    GEOMAGNETIC STORM WARNING:  Over the past few days, active sunspot 1045 has hurled a series of minor coronal mass ejections (CMEs) toward Earth. These are not the kind of major CMEs that will spark auroras over, say, Florida, but they could spark some very nice lights around the Arctic Circle.

    High-latitude sky watchers should be alert for Northern Lights on Feb. 10th and 11th when the CMEs are expected to arrive. NOAA forecasters estimate a 30% chance of some geomagnetic activity and as much as a 5% chance of a major geomagnetic storm over the next 48 hours.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 06:57:25 PM PST

  •  Via New Zealand Goodtime Charlie dies (2+ / 0-)
    Recommended by:
    crose, greengemini

    Farewell 'Good Time Charlie'

    Charlie Wilson, the former congressman from Texas whose funding of Afghanistan's resistance to the Soviet Union was chronicled in the movie and book Charlie Wilson's War, has died at the age of 76.

    snip

    Actor Tom Hanks portrayed Wilson in the 2007 movie about Wilson's efforts to arm Afghan mujahedeen during Afghanistan's war against the Soviet Union in the 1980s.

    snip

    He had acknowledged some responsibility for Afghanistan becoming a safe haven for al Qaeda after the Soviets retreated and the US withdrew its support.

    ''That caused an enormous amount of real bitterness in Afghanistan and it was probably the catalyst for Taliban movement,'' Wilson said in a 2001 interview.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 07:14:25 PM PST

  •  The Sun realtime-images from Nasa (2+ / 0-)
    Recommended by:
    crose, greengemini

    The Sun realtime-images from Nasa

    NOAA / Space Weather Prediction Center Space Weather Now 2010 Feb 11 03:20 UTC (Feb 10 20:20 MST)

    From Space Weather

    SDO LAUNCH DELAYED:  The cheers of the crowd were cut short today when the liftoff of Solar Dynamics Observatory (SDO) was scrubbed only one second into the final countdown. The cause was high winds. NASA plans to try again tomorrow (Feb. 11th at 10:22 am EST) to launch a mission that is expected to upend our understanding of the sun and space weather.

    SUNSPOT, SUBSIDING? Behemoth sunspot 1045 is beginning to fade, but it still has a tangled "delta-class" magnetic field that harbors energy for strong eruptions. Indeed, when amateur astronomer Paul Haese looked at it on Feb. 9th, he found it seething with hot plasma and magnetic filaments. This negative-image blink comparison highlights the action

    "This is an awesome sunspot with plenty of activity," says Haese, who took the original black and white photo using a Coronado SolarMax60. The magnetic loops and arcs he recorded are unstable and could erupt at any time. NOAA forecasters estimate a 50% chance of M-class solar flares in the next 24 hours.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 07:32:17 PM PST

  •  Via Wall Street (0+ / 0-)

    Paul B. Farrell wrote on February the 2nd,
    20 reasons Global Debt Time Bomb explodes soon Commentary: Which trigger will ignite the Great Depression II?

    ARROYO GRANDE, Calif. (MarketWatch) -- Retire? You can fuggetaboutit if the new Global Debt Time Bomb is detonated by any one of 20 made-in-America trigger mechanisms.

    Yes, 20. And yes, any one can destroy your retirement because all 20 are inexorably linked, a house-of-cards, a circular firing squad destined to self-destruct, triggering the third great Wall Street meltdown of the 21st century, igniting the Great Depression II that George W. Bush, Ben Bernanke, Henry Paulson and now President Obama have simply delayed with their endless knee-jerk, debt-laden wars, stimulus bonanzas and bailouts.

    Then on February the 9th he wrote again Via Wall Steet Journal the following;

    How to invest for a global-debt-bomb explosion Prepare for an apocalyptic anarchy ending Wall Street's toxic capitalism

    ARROYO GRANDE, Calif. (MarketWatch) -- Wake up investors. Are you prepared for the economic anarchy coming after a global-debt time bomb explodes? Are you thinking outside the box? Investing differently? Act now -- tomorrow will be too late.

    The Big One is coming soon, bigger than the 2000 dot-com crash and the 2008 subprime credit meltdown combined. A huge market blowout. And as Bloomberg-BusinessWeek predicts: "The results won't be pretty for investors or elected officials."

    After the global-debt bomb explodes don't expect a typical bear correction followed by a new bull. Wall Street's toxic pseudo-capitalism is imploding. Be prepared for a massive meltdown. Yes, already the third major bubble-bust of the 21st century, triggered once again by Wall Street's out-of-control Fat Cat Bankers. And it's dead ahead.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 08:23:21 PM PST

  •  Australia withdrawing the banking guarantee (0+ / 0-)

    ME Bank fights back -Access to funding
    By Alice Uribe Thu 11 Feb 2010

    After the government guarantee withdrawal smaller banks may find it difficult to access longer term funding.

    The federal government's announcement that it would be withdrawing the banking guarantee scheme for large deposits and wholesale funding set off chatter within the financial services industry this week.

    However, according to some media reports, there was an even more interesting story going on in the background.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 08:39:26 PM PST

  •  Toyota's problems threaten Japan Inc. (0+ / 0-)

    Toyota's problems threaten Japan Inc.

    Concern is growing among Japanese automotive and engineering experts that a series of vehicle recalls by Toyota Motor Corp. may herald long-term problems for Japanese manufacturing.

    Nonfiction writer Tomohiro Koseki said, "I am most concerned about a possible loss of trust in Japanese products. (Toyota) should be well aware of its responsible position vis-a-vis Japanese industry as a whole."

    snip

    Transport minister Seiji Maehara met with U.S. Ambassador John Roos at the transport ministry on Wednesday and called for a level-minded response to Toyota's recalls.

    "Such incidents must not impede the openness of either of our markets," Maehara told Roos.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 08:47:14 PM PST

  •  Iran shuts down Google Mail (0+ / 0-)

    Iran shuts down Google Mail

    Iran has announced plans to permanently ban Google's email service from being used within its borders.

    By James Quinn in New York
    Published: 9:58PM GMT 10 Feb 2010

    In a move ahead of Thursday's 31st anniversary of the creation of Iran's Islamic Republic, the national telecoms agency in Tehran said that it will ban Gmail and will instead facilitate its own national email service.

    The decision, first reported by the Wall Street Journal, comes just a month after Google threatened to leave China amid concerns that its systems had been attacked by Chinese hackers.

    Life improves slowly and goes wrong fast, and only catastrophe is clearly visible. Edward Teller

    by Snowy Owl on Wed Feb 10, 2010 at 09:21:01 PM PST

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