Interesting, isn't it? Just this morning, I sent you the e-mail re: NWO lowering of interest rates in Australia and around the world, to the "SURPRISE" of the Fed etc.
Hmmmm!......
See how the Bank of Israel, via Stanley Fisher of the World Bank, is also playing ball. KEEP ON READING, IT GETS INTERESTING; a little bit long, but worth it. ( When is the last time I wrote something original? So please bear with me)
Bank of Israel Steps In, Lowers Interest
The next interest change had not been expected until Oct. 27, or almost three weeks away. The change which will take effect on Sunday, Oct. 12, after the Yom Kippur break.
See full story below, followed by my editorial ( in all modesty!).
Gmar Chatima Tova.
DS
Bank of Israel Steps In, Lowers Interest
by Hillel Fendel
(IsraelNN.com) Bank of Israel Governor Stanley Fischer surprised the markets late Tuesday afternoon with an unexpected lowering of the interest rate, from 4.25% to 3.75%. Economic experts praised the move.
The next interest change had not been expected until Oct. 27, or almost three weeks away. The change which will take effect on Sunday, Oct. 12, after the Yom Kippur break.
The Bank of Israel provided three reasons for the decision: The expected drop in inflation, the continued drop in the price of goods around the world, and the forecasted slowdown in domestic economic growth.
More specifically, Globes reports that the decision to lower the interest was made in light of the sharply rising uncertainty in the world financial markets and the ramifications upon Israel's markets. The lowered interest will enable the market to better deal with the challenges now facing it, Bank of Israel officials explain, as it increases liquidity and supports market stability and growth.
The Tel Aviv Stock Exchange (TASE) and other economic indicators responded positively. Shortly after the announcement, the TASE was up some 3.6% and the Tel-Tech 15 was rising by over 4.8%. The dollar continues its climb and is now at 3.5225 shekels, 2 agorot more than the exchange rate set less than an hour earlier, and the euro is 4.824, 5 agorot higher than the official exchange rate.
Yossi Frank, Chairman of Energy Finances in Israel, predicted this morning that the Bank of Israel would lower the interest rate in a column he wrote for Globes. Afterwards, he said, "Lowering the interest provides direction, and shows that Israel's central bank is ready to fight in the foreign currency market and also vis-a-vis the financial crisis. Until now, Israel's top financial echelon settled for declarations that all is OK and stable - but action was needed."
Dollar Purchases
The Bank of Israel also announced this morning (Tuesday) that it may continue its dollar purchasing program even after Israel's foreign currency reserves reach the original target level, if circumstances warrant.
A decision by Fischer several months ago to purchase first $25 million a day, then $100 million a day, has been credited with stopping the dollar's downward climb compared with the Israeli shekel. Just last week, he said he has no intention of continuing this policy after Israel's dollar reserves hit $40 billion - but added, "A Central Bank never says never, however."
Here is a reminder of how all the countries coordinate their policies, their speeches; just sent last night.
.http://www.brasschecktv.com/page/439.html
I thought it was funny, but it is a lot more than funny: it is worrisome. Countries are coordinating everything, from our pocket book to who goes to war, to our food, etc. etc.
So much for S. Fisher and Bank of Israel brains, smarts, good ideas, initiative: it is all one big show, a fraud, a scam. And all leaders of the Western countries play the game, oh so nicely. Stanley Fisher DUTIFULLY DID WHAT HE WAS TOLD TO DO BY THE POWERS THAT BE, i.e. the CFR, i.e. the FED,( i.e. , extrapolating, the VATICAN.).
Just don't be fooled, plan accordingly for your and your family's welfare, and YOU outsmart the bastards!!
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... Speaking of the Vatican...
....Notice how all of the sudden the TEMPLE MOUNT IS KOSHER for the Israeli NWO puppets:
....Yeshiva students allowed to go up in the hundreds,...........
..... Rabbi Yisrael Ariel of the Temple Institute receiving an AWARD FROM MINISTRY OF EDUCATION, of YULI TAMIR FAME!!!
You must be kidding! All of the sudden, Leftist Israeli goons going soft on Jews, on RABBIS??? What else is going on here??? A COORDINATED VOTE? WHO COMMANDED THE BOARD TO VOTE FOR RABBI ARIEL?
We know from Mugabe and co that a 100% vote is always very, very suspicious.
Rabbi Yisrael Ariel Wins Jewish Culture Award
(IsraelNN.com) Rabbi Yisrael Ariel, director of Jerusalem's Temple Institute, has been named winner of the Yaakov Egerst Memorial Award for Jewish Culture by the Ministry of Education. Rabbi Ariel was a unanimous choice for his work and initiative in establishing and developing the institute.
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Good News at the Temple Mount
With so much upheaval around us, here is a bit of good news that should lift our spirits as we prepare to mark Yom Kippur, the holiest day on the Jewish calendar.
In a rare gesture, Israel's police allowed hundreds of yeshiva students to ascend the Temple Mount in Jerusalem on Monday.
Normally, of course, the police place heavy restrictions on the numbers of those allowed up on the Mount, the most sacred site in the world for Jews....
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WHAT IS THE VATICAN BREWING, as part of the NWO? We already know the theoretical answer, it is just that we don't know all the practical details of the plan. We know the Vatican wants HAR HABAYIT FOR THEMSELVES;
How is that playing out with the COORDINATED world financial crisis? What is the missing link? What is the plan??? Any thoughts?
Gmar Chatima Tova.
We have a lot to atone for and pray for, this Yom KIppur. I sure will.
DS
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