Latest Prophecy Commentary
Dow plunges 733 as new data points to recession
It will take dedicated visionaries to help stop America's addiction to foreign oil and diminish the huge market power wielded by Mideast oil producers. And that's what Doron Levi, the COO of alternative energy company Galten Global Alternative Energy has his heart set on doing. The telephone line was shaky and his Internet connection unreliable, yet he spoke with ISRAEL21c from far away in Ghana where he's overseeing a project that's squeezing fuel from the seeds of an African perennial - the jatropha plant. The jatropha, says Levi, is rich in oil and doesn't compete with food crops making it an ideal specimen for biofuel.
According to Galten's website only one ton of biofuel can be extracted from 2.5 acres of edible crops such as corn or soybeans, whereas three tons of biofuel can be produced on the same amount of acreage growing jatropha plants. Levi expects Galten will be able to start producing biofuel in about two or three years: "How you do it exactly, well that's our secret," he says. Haaretz.com
Barack Obama's campaign on Wednesday
dismissed the Rev. Jesse Jackson's assertion that as president, the Democratic
candidate would rid the United States of years of "Zionist" control.
The New York Post quoted the veteran civil rights leader on Tuesday as having
said that although "Zionists who have controlled American policy for
decades" remain strong, they will lose much of their clout when Obama
enters the White House.
In response, Obama campaign national security spokesperson Wendy Morigi said:
"Rev. Jesse Jackson Sr. is not an adviser to the Obama campaign and is
therefore in no position to interpret or share Barack Obama's views on Israel
and foreign policy." Haaretz.com
U.S. stocks plunged the most since the crash of 1987, hammered by the biggest drop in retail sales in three years and growing doubt that plans to bail out banks will keep the nation out of a recession. Bloomberg.com
Analysis
Israeli energy company, Galten Global Alternative Energy, is on the verge of
creating a new biofuel that does not use current staple foods (ex. corn,
soybeans) to create. Instead, they are using a groundbreaking
technology to squeeze fuel out of the seeds of an African perennial, the
jatropha plant. Apparently, this plant will yield three times the amount
of biofuel in the same amount of space as, for example, corn. The owners
of the company expect to be producing and manufacturing biofuel from the
jatropha plant in two to three years. Take a look at this article at
Haaretz.com.
Jesse Jackson said yesterday, in an interview with Barack O'bama, he stated, if he becomes president, "Zionists who have controlled American policy for decades" would lose much of their clout under his administration. Haaretz.com
Although, Mr. Obama's campaign today denied he said this, that's exactly what will happen when he takes office. Look for him also to be more forceful in his approach toward Israel regarding Middle East peace. For this reason, I would not rule out an Israeli attack on Iran's nuclear installations sometime after the US presidential election but before the new president takes office in January of 2009.
After two days of robust surges in world financial markets, a US government report on a possible recession sent stocks (NYSE) downward to the tune of 773 points. As I stated in my last report, the surge that began on Monday has proven to be a temporary up tick in the markets that has put the financial world back on shaky ground. I can't predict what will happen in the future but this certainly can't be good news or the direction the global financial minds were hoping for following their weekend emergency meeting.
In this time of a proposed Israeli Middle East peace, can this be the world financial crisis that many Bible prophecy scholars have said would usher in a global leader...who would save the world from certain catastrophe? And imagine how much more the world will be in panic when the rapture takes place prior to his ascension!
Are we living in the last of the last days? Is the world about ready to suffer simultaneous global disasters (terrorist attack, plunging world markets, rapture of the church, threat of major war) in preparation to usher in their false messiah?
Only the Lord knows for sure, but one thing is certain, today, we are one day closer to that reality!
Are you ready to meet the Lord? If not, your time is running out!
Terry Malone
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