The Cosepp Financial Analyst

September  2010   -    monthly newspaper

Bourse: Share Trader's Portfolio is up 142%  See below for all details.

Analytical Articles

Alert:  The Australian Federal Police are trying to shut down this website, attempting to do so by framing the beneficial owner with a mental illness, as was once done in communist countries, to prevent the truth from reaching the Australian people. The Police are using terrorist laws for political and other non terrorist purposes, and they are also slowly poisoning the drinking water of the beneficial owner, Joseph Costa. The Federal Government is complicit.

Muslim Indonesian Atrocities, Genocide... now in Christian West Papua.    During August 2010, news came out on what happened to a West Papuan freedom activist, Mr Wayeni Yawen. The Indonesian military killed him. But the killing was no ordinary killing. It was done with barbaric brutality. An Indonesian soldier pinned Mr Yawen to the ground and gutted him alive with a bayonet, cutting open his stomach and sending his intestines tumbling down.

A video of Mr Yawen's gruesome, sadistic murder can be viewed, if it's still there, by clicking on the following:

Muslim Barbaric Murder of Mr Wayeni Yawen

Mr Yawen was actually murdered on 3 August 2009 when he was apprehended, but news of the atrocious murder surfaced only in recent times. Mr Yawen was a supporter of the separatist Free Papua Movement (OPM), who are resisting the Muslim Indonesian genocide of his Christian people.

The Indonesian military has also engaged, and armed, extremist Muslim groups to do their dirty work for them, especially to inflict atrocities upon the separatist, but mainly Christian, Free Papua Movement (OPM).

Muslim Indonesia annexed Christian West Papua in 1969 with a simultaneous military presence and a sham referendum. Just as it once did during its murderous occupation of East Timor, Muslim Indonesia is now again doing likewise in Christian West Papua: countless barbaric atrocities and killings, which are usually unreported in the media. On recent estimates, about 100,000 - 200,000 West Papuans have been killed. So far, and counting. And countless others tortured and maimed. Indonesia is doing a slow genocide in West Papua. And the world remains silent. About 1-3 million ethnic Indonesian Muslims have now been transmigrated from their various islands, into Christian West Papua, to overwhelm the Christians. The West Papuans are also racially different from the Indonesians. West Papua was a blatant Indonesian land steal from the Christian inhabitants.

Elsewhere in Indonesia, in August 2010, in Bekasi, which is east of Jakarta, a 700-900 Muslim mob of militants raided a football field, and attacked and kicked out the Batak Protestant Christians who were holding their Sunday services there. The local Muslim authorities had previously prohibited the Christians from using their church. Some of the Christians were beaten and wounded by the Muslims. The Muslim police, who were present, stood idly by and did nothing to stop the militants, who were suspected of being members of two extremists groups:   the Islamic Defender Front and the Islamic Community Forum.

To read more about Persecutions against Christians, click here.

Divine Chastisements... and the intervention and mercy of the Virgin Mary.   The Old Testament of the Bible tells us about the divine punishment of mankind when the whole sinful world was destroyed by floodwaters, with the exception of Noah and his family from whom we all descend. Two creatures, male and female, of every living animal species of the land and air were also saved. They were saved from the flood by the ark that God told Noah to build beforehand.

Man's understanding of the great flood, ark, and subsequent rainbow, seems to have been, by and large, badly understood.

According to the Gospel as It was Revealed to Maria Valtorta (1961†) [being the "Work"], the following is a proper interpretation of the great flood, ark, and rainbow: an excerpt taken from the "Lessons on the Epistle of St. Paul to the Romans," that the Holy Spirit dictated to her:

The Holy Spirit explains...

"In Chapter 9 of [the book of] Genesis, it is said [by God], '... I will set My rainbow in the clouds, and it shall be the sign of a covenant between Me and the Earth. And when I will have accumulated clouds (the punishments) in the sky, My rainbow shall appear in the clouds and I will remember My covenant...  of the everlasting covenant between God and every flesh that is upon the Earth.'

Rainbow:  sign of peace.  Rainbow:   bridge between Heaven and Earth.

[Virgin] Mary, the peaceful bridge joining Heaven and Earth, the most Beloved One who obtains mercy for sinners with Her sole presence. And God, in the centuries before [Jesus] Christ, when the prevarications of men, obstinate and proud, accumulated the clouds of the divine punishments upon Humanity, contemplating in His Thought She [Virgin Mary] who ab eterno [from eternity] was established the Ark of the divine Word [Jesus Christ], Fount of Grace, Seat of Wisdom, the peaceful joy of Her Lord, dispersed the clouds of inexorable chastisement, granting time to Humanity in expectation of Salvation [by Jesus Christ].

The voice of the still unborn Virgin [Mary],  'Peace!  Mercy! my Lord!'  Her perfect love, Her perfect obedience, already noticed by God before the purest Star was, the sweet sacrificial odour that appeased the wrath of the Lord. And in the centuries after Christ, [Virgin] Mary is peace and mercy for Humanity. And with the growing of sins and the increasing of storm clouds of divine wrath and satanic fumes, [Virgin] Mary is always the one who scatters the clouds, who disarms the lightning [bolts], who builds Her mystical bridge for Humanity that has fallen into the abyss so that it can rise up sweetly towards its Good.

'... I will set My rainbow in the clouds...  and I will remember My covenant.' [said God]

Oh! truly the Rainbow of peace, the Co-Redemptrix [Virgin Mary] is amongst the clouds, above the clouds, the sweet star that shines in the presence of God in order to remind Him that He has promised mercy to men and has given His Son [Jesus Christ] so that men may have forgiveness. She is such, not as a sweet thought but as a true reality, complete, with Her soul without blemish and Her flesh without corruption. Nor is She content at being adored or blessed, but shows Herself to be active and calls, She again calls Humanity to Salvation.

The hour of [Virgin] Mary. This hour [i.e. today's times].

The ark of Noah did not save all men but those amongst whom God found to be just in His presence. Even in the present hour [today's times], an hour that rises and which has to pass, and the more it advances, the more it shall be darkened by the storm clouds, the Ark [Virgin Mary] of God will not be able to save all men, but because men, many men, will not want to be saved by finding salvation by means of the Ark [Virgin Mary] of God.

The rainbow after the flood was seen only by the few just ones [Noah and his family] who had remained alive on Earth. In the present hour [today's times] instead, [Virgin] Mary, the rainbow, the sign of peace for a super abounding of mercy, will be seen by many who are not just. Her voice, Her perfume, and Her prodigies will be noticed by the just and by sinners, and blessed those amongst these last ones who, as for the Rainbow of God the wrath of God is not unleashed, so too, to justice, to faith in Jesus [Christ] in whom is salvation, will they turn."

In the past, Our Lady, the Virgin Mary, the Madonna, appeared at various sites to a number of individuals, exhorting the people to abandon sin, convert, and to return to Her Son Jesus Christ, also concurrently predicting dire consequences if they did not do so. This happened at La Salette and at Fatima, the people did not obey, and the dire consequences predicted duly materialised. In today's times, the Virgin Mary has been appearing to six individuals, originally from Medjugorje, again exhorting the people to abandon sin, convert, and to return to Her Son Jesus, warning again of dire consequences if they did not do so. Hence, it can be seen that the Virgin Mary is again trying to disperse the clouds of divine punishment, as explained by the Holy Spirit above.

While on earth as Most Holy Jesus of Nazareth, Son of God, true God and True Man, the Messiah of the Lord, and before His death by torture on the cross, Jesus said to His Mother, the Virgin Mary:  "You alone can and will be able to change the punishment decrees of the Eternal Father for one soul or for many of them. Because the Trinity will never be able to deny its Flower anything."   [The Writings of Maria Valtorta.]

As regards to today's mankind and its fate, many seers around the world have prophesied about the coming 3 days of darkness and worldwide punishment. In this regard, read what Blessed Anna Maria Taigi and Saint Padre Pio had to say about this chastisement.

Killers in Victorian Police... yet another police killing in August 2010 ???    According to latest reports, Victorian Police have again been implicated in yet another alleged police killing. Killers.

During August 2010, a Chinese man was allegedly dragged from the jail of the Dandenong police station, bleeding and in a very bad state, and then dumped into a puddle of water on the ground, while it was raining and very cold. The victim died soon after. All this is believed to have been recorded on closed circuit television (CCTV).

At least 4 police officers were allegedly involved in the killing. An investigation into the alleged police killing is to be undertaken. But don't hold your breath that justice will be rendered for the alleged crime. In Victoria and elsewhere, most police stick together like glue, and cover up for each other, as mandated by the secret sect most of them belong to.

Also, the Australian Federal Police have, in their ranks, police officers who once worked for Victorian Police. To read about the criminality and corruption of the Australian Federal Police: Gangsters with police badges, click here.

A federal police officer, who is a former Victorian Police officer, in 2009 testified before a Parliamentary Inquiry that, in effect, he and the Australian Federal Police, did not know what corruption [criminality] was.

In Canberra, there is a federal police officer who is called: "Animal." This must surely be an offence to the animals, as they were created in that way. But the "Animal" federal police officer chose to sink to that low level, and probably much lower yet. This is indicative of the sort of people, the tip of the iceberg, that are in the Australian Federal Police.

The Australian Federal Police are a cesspool of corruption and criminality.

Medical Tourism... beware of a new incurable bacteria.   A phenomenon that has arisen in recent years, is what some people call, "medical tourism." This involves people seeking low cost medical treatment overseas, usually in countries such as India and Pakistan.

According to recent studies, though, a new drug-resistant bacteria has mutated in India, and it threatens to accelerate infections there, and spread elsewhere around the world.

The bacteria has already been detected in some people in the West, with most of them having revealed that they had gone to India for cheap medical treatment.

At this stage, there seems to be only one drug available that may take out the deadly bacteria, but the side effect of that drug results in the destruction of the person's kidneys.

Beware. Cheap can become very costly.

Possible Military Strike Hotting Up... in Iran and around Iran.   Speculation around the world continues to grow that some sort of military strike might be undertaken to take out Iran's nascent nuclear facilities, which it claims are for peaceful purposes and not to make atomic bombs.

According to media sources, geographical Israel has its nuclear-missiles submarines poised just off Iran's southern waters. The United States has consigned enormous quantities of armaments, including “bunker-buster” bombs, to the Indian Ocean US base on the island of Diego Garcia. And Iran continues to strengthen its southern waters with more war materiél and personnel.

Countless numbers of Russians are currently working on Iran's nuclear facilities, and countless mainland Chinese are in and around Iran's oilfields. So, the nationals of two major nuclear superpowers, Russia and China, are in Iran, and I hardly imagine that both countries would be pleased to see them killed in any possible joint geographical Israel-United States military attack.

The major voice of opposition to any such military attack could conceivably come from the Vatican, from the Catholic Church via His Holiness Pope Benedict XVI. But the US media establishment has already prepared the ground to neutralise any such opposition from the Vatican, by the US media's relentless campaign of defamation against Pope Benedict XVI, in order to discredit his moral authority, by attempting to link him, without evidence, to the various paedophilia allegations made against a very small minority of the Catholic priesthood. But that same US media has remained silent on other religions and on other secular groups being involved in paedophilia, such as paedophilia and incest being virulent in a major religious community in New York, and paedophilia in Britain where a former Prime Minister sealed, for 100 years, its filthy dirty acts as a state secret: allegations of paedophilia involving a very top high level political figure and a high ranking general concerning a Scottish girl.

In summary, then, there are lots of war materiél on site, in or around Iran, from the two opposing belligerents, and any possible criticism or opposition from the Catholic Church seemingly neutralised. So, the war planning and supply preparations are all but complete, except for the actual military strike itself, which will probably be called, "a preventive military attack" or "a defensive attack."

Attacks are now called defence. And killing people, collateral damage. Maybe even Adolph Hitler might have called his wars and killings, "a preventive military attack" or "a defensive attack." Incidentally, Hitler is now in the tortures and fires of hell, suffering atrociously for all eternity, and more details of his punishments will be published herein at some time in the future.

If geographical Israel goes alone and independently strikes Iran, it may well do so using its nuclear missiles, which, according to various sources, amount to about 200-400. In today's times, geographical Israel is a mighty powerful military machine, equal in power to Britain's or France's, both of whom also have nuclear weapons. A disabled or ruined Iran would leave geographical Israel the undisputed master and ruler of the whole Middle East. But, circa 1300 A.D., in a time when geographical Israel did not exist and no one thought it could ever do so, Abbot Hermon of Lehnin said that towards the end of the world, Israel will commit a crime for which it would cease to exist.

The situation concerning Iran, therefore, is highly explosive, becoming profoundly chilling, frightening, by the day. We don't need nor want yet another war in the Middle East. A military strike against Iran could conceivably unleash World War III, and we don't want it.

In 2003, the late Pope John Paul II counselled against war, and tried to dissuade the former Republican Bush Administration from going to war against Iraq, saying:

“Wars generally do not resolve the problems for which they are fought and therefore... prove ultimately futile.”

Listen to the people wanting peace, all you war mongers!!!

Floods in Muslim Pakistan... a divine punishment ???    During August 2010, Muslim Pakistan had unprecedented devastating floods. Millions of people were affected.  Millions.  Was all this, a divine punishment for the country's persecutions against Christians ???  And a warning to stop ???

Of course, in this earthly life, we may never know if it was divine punishment or a warning or other. But what we know, is that Muslim Pakistan has been relentlessly anti-Christian;  it has been persecuting and killing Christians;  and allegations of complicity in terrorism have also been made against some of its top leadership.

Muslim Pakistan has raised and exalted into law, persecutions against Christians, via its notorious blasphemy laws. Now Muslim Pakistan is appealing to the Christian West for massive foreign aid, from the brother-Christians of the Christians whom Muslim Pakistan has been persecuting and killing at home. They could be saying to the Christian West: "Help us. Give us money. Lots, and lots of it. But don't look at our killing your Christian brothers."

Christian charity [love], though, nonetheless demands compassion, and that the Muslim victims of the floods be assisted. They must be assisted. But, in my opinion, I would suggest that it be done through established Christian humanitarian agencies, and not through the country's corrupt central government, otherwise, like Muslim Afghanistan, it will divert most of the aid into the pockets of corrupt government officials or divert the aid to its military and nuclear armaments, thereby letting the poor people starve and suffer. Of concern, though, is that there is some anecdotal evidence that the Christian victims, and other minority victims, of the floods are being pushed down, last, in the queue awaiting to receive government assistance, and this is outrageous.

The government of Muslim Pakistan has got to redirect the enormous amounts of moneys it is using on its military and nuclear armaments, and instead use the moneys to feed and assist its flood victims, all its own people on an equal basis, if it truly cares about them, and additionally not discriminate against Christians in its aid. And it must also stop covertly supporting terrorism, stop the relentless persecutions against Christians, and revoke its blasphemy laws that also further persecute Christians.

To read more about Persecutions Against Christians, click here.

In Muslim Pakistan, Afghanistan... more killings of Christians.   In July 2010, before the floods in Sukkur, Pakistan, about 5 Christians were gunned down and murdered, and about 5 others wounded, in a premeditated extremist Muslim raid on a group of Christians, as they were leaving their church. The extremist Muslims had previously threatened the Christians with violence and mayhem for about 2 years. The Muslim killers involved are believed to be members of the banned extremist group, Sip-e-Sahaba, whose members are suspected of belonging to the local madrassa (Muslim school).

In August 2010, in the province of Badakhshanthe, in remote northern Afghanistan, Muslim Taliban savages killed 8 doctors, all opticians, and 2 Afghans. The victims belonged to the International Assistance Mission (IAM), a Christian charitable organisation based in Switzerland. The AIM were providing medical and other assistance to the poor Afghan people, and had been doing so since about 1966.

In June 2010, from the floor of Afghanistan's lower house of Parliament, a parliamentary secretary called for the execution of all Afghan Muslims who had converted to Christianity, and exhorted the enforcement agencies to obey.

To read more about Persecutions Against Christians, click here.

ALERT: Satan's cross, rosary beads.    Satan is still powerful these days. But he's in his last days, before all his power and might get destroyed, and he gets buried for all eternity.

The adjacent image is an image of a new version of the satanic rosary beads, designed to undermine the Most Holy Rosary of the Virgin Mary, the Madonna, and to lead people astray, away from God. The satanic cross has a number of satanic symbols (or of his followers), as follows:

• At the four corners of the cross, there are 4 orange pentagons: symbols of Satan.
• At the four corners of the cross, there are 4 suns: symbols of Satan.
• With each sun, there is a double yellow circle: again symbols of Satan. In some versions, there is only one yellow circle with rays like the sun.
• Directly underneath the body of Christ, there is the green crisscross sign of the snake, slithering behind God's back: representing the slithering sneaky cunning Serpent.

The satanic cross has a rather chilling, repulsive look about it, a feel of Evil.

For years now, people unknown have tried to insinuate themselves at Marian apparition sites, and have attempted to distribute and propagate the adjacent satanic rosary beads.

Don't buy or use the satanic rosary beads. If you already have one, seek advice from a Catholic priest who has already been trained to be an exorcist.

The Forbidden Fruit... why forbidden by God? -- an explanation.   In the Old Testament of the Bible, God said to man: "... but of the tree of knowledge of good and evil you shall not eat, for in the day that you eat of it you will die."   (Gen.2.17). 

Man was commanded to obey God. To obey, Him only.

Additionally, Our Most Holy Jesus Christ, Son of God, true God and true Man, the Messiah of the Lord, asks a number of rhetorical questions:

"Is it not read in Genesis that God made the Man ruler over all that was upon the earth, that is, over all except God and His angelic ministers? Is it not read that He made the Woman so that she might be a companion for the Man in his joy and in his dominion over all living things? Is it not read that they could eat of all but the tree of the knowledge of Good and Evil? Why? What intimation is there in the words 'that he may rule over?' What in that of the tree of the knowledge of Good and Evil? Have you ever asked yourselves that? you who ask yourselves so many useless things and never know how to ask from your souls the Celestial truths?"  [The Writings of Maria Valtorta.]

According to the Gospel as It was Revealed to Maria Valtorta (1961†) [being the "Work"], the following is the explanation why God forbade knowledge of good and evil, that Our Most Holy Lord Jesus Christ dictated to her:

Jesus Christ explains...

"If you knew how to question your soul, she would tell you that the true, the exact significance, vast as creation, of those words: 'rule over,' is this: So that Man may rule over ALL. Over all three of his levels: his lower animal level; his middle moral level; his higher spiritual level. And that he may direct all three of them to one single end: 'To possess God' -- meriting to possess Him with this iron rule which holds in subjection all the forces of the me, the ego, and makes them handmaids of this single aim: to merit the possession of God.

She, your soul, would tell you that God had forbidden the knowledge of Good and Evil because He had gratuitously lavished upon His creatures the Good, and because He did not want you to know the Evil, for it is a fruit sweet to the palate, but once it has descended into the blood with its juice, it awakens in the blood a fever which kills and produces a burning thirst, so that the more one drinks of that deceptive juice, the more one thirsts for it.

You will object: 'And why did You put it there?'  'And why!' Because Evil is a force which is born by itself like certain monstrous evils -- maladies -- in the healthiest body.

Lucifer [Satan] was an angel, the most beautiful of the angels: a perfect spirit, inferior only to God. And yet in his luminous being there was born a vapour of arrogance, which he did not disperse. But rather he condensed it, thickened it, by harbouring it. And from this incubation Evil was born. It existed before Man did. God had hurled Lucifer out of Paradise -- this accursed Incubator of Evil, this Defiler of Paradise. But he has remained the eternal Incubator of Evil. And being unable to defile Paradise anymore, he has defiled the Earth.

That metaphorical Tree [of good and evil] stands there to demonstrate this truth. God had said to the Man and the Woman: 'You know all the laws and the mysteries of creation. But do not desire to usurp My right to be the Creator of Man. To propagate the human stock My Love will suffice, Which will circulate in you both. And without the lust of the senses [without sex], but solely through the throbbing of charity, It will raise up new Adams from your stock. I give you all. I reserve to Myself only this mystery of the formation of Man.'

Satan wanted to take away this intellectual virginity from the Man, and with his serpentine tongue had flattered and caressed the limbs and eyes of Eve [the wife of Adam], stirring up in them reflections and shrewdness which she did not have before, because Malice had not [yet] poisoned them. Now, she sees. And seeing, she wants to experience. Her flesh was awakened [sexually aroused].

Oh! If she had called God! If she had run to say to Him: 'Father! I am sick! The Serpent [Satan] has caressed me, and a disturbance is in me.' The Father would have purified and healed her with His Breath because, as He had infused life into her, He could have infused innocence into her anew, making her forget the Serpent's poison and putting into her instead a repugnance for the Serpent, as there is in those whom an illness has attacked and, after being healed of that malady, they carry an instinctive repugnance for it.

But Eve does not go to the Father. Eve returns to the Serpent. That [sexual] sensation, that feeling is sweet to her. 'Seeing that the fruit of the tree was good to eat and beautiful to the eye and pleasing in appearance,' she gathers it and eats it.

And 'she understood.' Now Malice descended into her to bite her bowels. She sees with new eyes and hears with new ears the habits and voices of the brute animals [sexuality?]. And she was greedy for them with an insane greed.

She began the sin alone. She brought it to term with her companion [She had sex with Adam?]. Behold why the greater condemnation weighs upon the woman. It is through her that man became a rebel toward God and has known lust and death. It is through her that he has not known anymore how to rule over his three kingdoms: that of his spirit, because he has permitted his spirit to disobey God; of his moral part because he has permitted his passions to command him; of his flesh, because he has debased it to the instinctive laws of brute beasts [by having engaged in sex?].

'The Serpent seduced me,' says Eve. 'The woman offered me the fruit and I ate of it,' says Adam. And from then on the triple cupidity, the triple greed, seized the three kingdoms of man.

It is only Grace which succeeds in loosening the grip of this ruthless monster. And if this Grace is alive, very alive, kept always more alive by the will of a faithful son, it finally reaches the point of strangling the monster and having nothing more to fear. Neither from internal tyrants, that is, from the flesh and the passions; nor from persecutions; nor from death.

It is as the apostle [Saint] Paul says: 'None of these things do I fear, nor do I hold on to my life anymore for myself, provided I accomplish my mission and the ministry I received from the Lord Jesus to bear witness to the Gospel of the Grace of God.'

My martyrs had held on to accomplishing their mission and the ministry they received from Me of sanctifying the world and bearing witness to the Gospel. With nothing else were they preoccupied. Through Grace living in them and protected by them with the same care which they gave to the very pupil of their eye, and through their life which they threw away with cheerful readiness, knowing how to throw away a corruptible castoff to acquire an incorruptible one of infinite value, they thus reverted to being 'men and women,' no longer being brute beasts. And as men and women, children of their Heavenly Father, they lived and acted as such.

As [ the apostle Saint] Paul says, they [martyrs] 'were not greedy for gold or silver or anyone's garments,' but rather despoiled themselves and were willingly despoiled of all riches, even to that of life, 'in order to follow Me' on earth and in Heaven."

The angel, Saint Azariah, said: "... for as long as man is on earth, Satan, the flesh, and the world act."   [The Writings of Maria Valtorta.]

Further information and other Catholic literature may be obtained from: 

• United States:   http://www.bardstown.com/%7Ebrchrys/
   
• Italy:   Publisher's official website:  http://www.mariavaltorta.com/    Their email address is:  info@mariavaltorta.com. The Italian publisher can supply copies in most main languages.
   
• Australia:   Maria Valtorta Readers' Group. Their website address is:  http://valtorta.alphalink.com.au/    And their email address is:  valtorta@alphalink.com.au  

Our Lady of La Salette... feast day, 19 September 2010.   The apparition of the Blessed Virgin Mary, the Madonna, to two peasant children, Melanie Calvat aged 14 years and Maximin Giraud aged 11 years, at La Salette, France, on 19 September 1846, has long been approved by the Catholic Church.

Our Lady, the Madonna, went to La Salette weeping profusely, shedding the tears of deep sorrow of a caring and loving Mother for all Her children on Earth.

The Mother of God appeared in France in order to bring words of warning for France and for the rest of the world. The messages are as relevant today as they were then, some 150 years ago.

Our Blessed Mother's messages were simple and to the point -- to exhort the people to abandon sin, to convert, and to return to her Son, Jesus Christ. If not, a great punishment from God would ensure.

The people did not heed the warnings, and so the punishment duly arrived, in the form of the potatoes, nuts, and grapes going bad, that resulted in famine and in the deaths of about a million people, that caused the massive migration to America, Australia, and New Zealand.

Our Lady, the Madonna, also gave other warnings, including impending disaster if mankind continued on the same sinful path, of ignoring God while only seeking pleasure.

"Published by the Shepherdess of La Salette with Imprimatur by Mgr. Bishop of Lecce," the following is an excerpt from the original text of the Message and Secret of La Salette, approved by the Catholic Church:

"Well my children you will pass this on to all of my people."

"Melanie, what I am about to tell you now will not always be a secret. You may make it public in 1858.

"The priests, ministers of my Son, the priests, by their wicked lives, by their irreverence and their impiety in the celebration of the holy mysteries, by their love of money, their love of honours and pleasures, the priests have become cesspools of impurity. Yes, the priests are asking vengeance, and vengeance is hanging over their heads. Woe to the priests and to those dedicated to God who by their unfaithfulness and their wicked lives are crucifying my Son again! The sins of those dedicated to God cry out towards Heaven and call for vengeance, and now vengeance is at their door, for there is no one left to beg mercy and forgiveness for the people. There are no more generous souls, there is no one left worthy of offering a stainless sacrifice to the Eternal for the sake of the world.

"God will strike in an unprecedented way. Woe to the inhabitants of the earth! God will exhaust His wrath upon them, and no one will be able to escape so many afflictions together. The chiefs, the leaders of the people of God have neglected prayer and penance, and the devil has bedimmed their intelligence. They have become wandering stars which the old devil will drag along with his tail to make them perish. God will allow the old serpent to cause divisions among those who reign in every society and in every family. Physical and moral agonies will be suffered. God will abandon mankind to itself and will send punishments which will follow one after the other for more than thirty-five years."

For more, read the complete Message and Secret of Our Lady Of La Salette. The basic call by Our Lady, the Virgin Mary, Our Blessed Mother, the Madonna, was then, on 19 September 1846, as is still, in Her many apparitions around the world in these times, an urgent call to man to abandon sin, to covert, and to return to Her Son, Jesus Christ, true God and true Man, the Almighty and Eternity. So said Our Blessed Mother on 19 September 1846 in prophecy:

"... Jesus Christ, in an act of His justice and His great mercy, will command His Angels to have all His enemies put to death. Suddenly, the persecutors of the Church of Jesus Christ and all those given over to sin will perish, and the earth will become desert-like."

" ... for he was afraid of the sword of the angel of the Lord. "    (1 Chron.21.30).

This article on Our Lady of La Salette, in its entirety, can be accessed via the following link:  Our Lady Of La Salette.

Our Lady, the Madonna said: "  'When the Son of Man [Jesus] comes, will He still find faith on the earth?' (Luke 18.8)  He will come suddenly, and the world will not be ready for his coming. He will come for a judgement for which man will find himself unprepared. He will come to establish His kingdom in the world, after having defeated and annihilated his enemies."   (Fr. Stefano Gobbi).

"He [Jesus] exclaims sadly: 'But when the Son of man comes back, will He still find faith on the Earth?' and with a sigh He envelops Himself more tightly in His mantle and strides away...."   [The Writings of Maria Valtorta.]

On 8 December 1993, the Madonna said: 

"Satan has deceived this entire poor humanity, bringing it so far from God and building for it idols of his own perversion: pleasure, money, pride, egoism, amusement and impurity [sexual sins]. And so humanity is today greatly threatened by violence, hatred, rebellion and war.

During these years, you will see the great chastisement, with which the justice of God will purify this world, which has become a thousand times worse than at the time of the flood [when the whole world was submerged in water during Noah's time] and so very possessed by evil spirits."   (Fr. Stefano Gobbi 507.d,e).

" 'In the whole land,' says the Lord,
        'two thirds shall be cut off and perish,
        and one third shall be left alive'. "    (Zechariah 13.8).

"... for there will be distress then such as has not been since the beginning of the world, and can never be again."   (Matt.24.21).

Jesus Christ, Son of God, said: "But who will save you, o Mankind, if you love so much to be corrupt."  [The Writings of Maria Valtorta.]

Saint Michael the Archangel... feast day, 29 September 2010.   Saint Michael is the Archangel of battle and defender of Heaven.

"Fierce war broke out in heaven, where Michael and his angels fought against the dragon. The dragon and his angels fought on their part, but could not win the day, or stand their ground in heaven any longer; the great dragon, serpent of the primal age, was flung down to earth; he whom we call the devil, or Satan, the whole world's seducer, flung down to earth, and his angels with him."    (Apoc.12.7-9).

The "man" mentioned hereunder is generally assumed to be Saint Michael the Archangel:

"When Joshua was by Jericho, he lifted up his eyes and looked, and behold, a man stood before him with his drawn sword in his hand; and Joshua went to him and said to him, 'Are you for us or for our adversaries?' And he said, 'No; but as commander of the army of the Lord I have now come.' And Joshua fell on his face to the earth, and worshipped, and said to him, 'What does my lord bid his servant?' And the commander of the Lord's army said to Joshua, 'Put off your shoes from your feet; for the place where you stand is holy.' And Joshua did so."   (Josh.5.13-15).

Of course, then mighty Jericho, even with its seemingly impregnable high walls, was easily and utterly destroyed by Joshua and his army. But we know why.

"And yet, when the archangel Michael held debate with the devil, in their dispute over the body of Moses, he did not venture to accuse him insultingly; he was content to say, 'May the Lord rebuke thee'."    (Jude 1.9).

In 1950, Pope Pius XII named Saint Michael the Archangel as the patron of policemen.

Many people seeking protection may petition Saint Michael the Archangel for help against wrong-doers on Earth, or for protection from crime, or from physical or spiritual enemies.

"... Michael, one of the chief princes, came to help me ..."    (Dan.10.13).

Prayer to Saint Michael:

Saint Michael the Archangel, defend us in battle; be our safeguard against the wickedness and snares of the devil. May God rebuke him we humbly pray; and do you, O Prince of the heavenly host, by the power of God, cast into hell Satan and all the evil spirits who prowl about the world seeking the ruin of souls. Amen.

Pope Leo XIII composed the above prayer, in consequence of a horrifying apocalyptic vision he had circa 13 October 1884, during which episode he saw demons and heard Satan's voice boasting that he could destroy the Church and drag the world to hell. God replied that he, Satan, would not succeed in destroying the Church.

There are of course other writings suggestive of the frightful battle to be fought by Satan and Saint Michael the Archangel over the Church. Satan will fail, as he always fails.

Another prayer to Saint Michael:

Michael, Michael of the morning,
Fresh chord of dawn adorning,
Keep me safe today
And in time of temptation,
Drive the devil away.
Amen.

This article on Saint Michael the Archangel can also be accessed via the following link: Saint Michael the Archangel.

29 September is also the feast day of the Archangels Gabriel and Raphael. Saint Gabriel the Archangel "... is the angel of happy announcements and sublime comforts," and he is always particularly remembered in the Annunciation of the Lord Jesus Christ to the Virgin Mary; and Saint Raphael the Archangel is always particularly remembered in the acts of healing he did as narrated in the Book of Tobit (Tobias) in the Old Testament of the Bible.

Garabandal... two messages given by Our Lady, the Madonna.    At Garabandal, Spain, Our Lady, the Virgin Mary, the Madonna, appeared to four simple girls, then aged 11-12 but now adults, and gave two messages, as follows:

18 October 1961

"We must make many sacrifices, perform much penance, and visit the Blessed Sacrament frequently. But first, we must lead good lives. If we do not, a chastisement will befall us. The cup is already filling up, and if we do not change, a very great chastisement will come upon us."

18 June 1965

"As my message of 18 October has not been complied with and has not been made known to the world, I am advising you that this is the last one. Before, the cup was filling up. Now it is flowing over.

Many cardinals, many bishops and many priests are on the road to perdition and are taking many souls with them. Less and less importance is being given to the Eucharist. You should turn the wrath of God away from yourselves by your efforts.

If you ask His forgiveness with sincere hearts, He will pardon you. I, your Mother, through the intercession of Saint Michael the Archangel, ask you to amend your lives. You are now receiving the last warnings.

I love you very much and do not want your condemnation. Pray to us with sincerity and we will grant your requests. You should make more sacrifices. Think about the passion of Jesus."

Though the Catholic Church has conducted some investigations into the apparitions of the Madonna at Garabandal, as yet no official decision or pronouncement has been made.

For further information, visit the following website:  http://www.garabandal.com/

On 15 September 1981, Our Lady, the Virgin Mary, the Madonna said: "Humanity is continuing to hasten along the road of its obstinate rejection of God, despite all my motherly admonitions and the signs which the mercy of the Lord continues to send."   (Fr. Stefano Gobbi 231.c).

Our Most Holy Jesus Christ, Son of God, true God and true Man, the Messiah of the Lord, said:

"But future good and evil have roots in the present [of circa 1943-50?]. Avalanches begin with a snowflake. A priest who is unworthy, impure, heretic, unfaithful, incredulous, tepid or cold, dull, insipid, lustful, does ten times as much harm as a believer guilty of the same sins, and he drags many more to commit sin. Laxity in the Priesthood, the reception of impure doctrines, selfishness, greed, concupiscence in the Priesthood, you are aware of the result of all that: deicide [killing God: torture and killing of Jesus, Son of God, on the Cross]. Now, in future ages, the Son of God can no longer be killed, but the faith in God, the idea of God, can. So a deicide will be accomplished, which is even more irreparable, because it is without resurrection. Oh! it can be accomplished, yes.  I see...  It will be possible to accomplish it, because of the too many Judases of Kerioth [many like the traitor apostle, Judas Iscariot] of future ages. How horrible!..."

"Once again and always I shall have the greatest Judases of the future in My priests."

"... the time will come when the Gospel will be taught scientifically well, spiritually badly."    [The Writings of Maria Valtorta.]

Governor-General Requested... stop Mobbing, killings, secret Court orders.    On 9 November 2009, Joseph wrote a letter to the Head of State of Australia, the Governor-General, Her Excellency Ms Quentin Bryce AC, in order to seek her intervention to stop forced "suicides," extra judicial killings, tortures, human rights abuses, mobbing, and other crimes against humanity, and to supply Joseph with a copy of the secret Court orders made against him and the grounds used, if any, so that he may contest, challenge, and appeal those secret Court orders.

A copy of the letter (without various names and addresses), appears hereunder, and is self explanatory:

Let's hope that the Governor-General intervenes and takes corrective action as, under the Australian Constitution, all Executive power in relation to the Australian Federal Government ultimately legally vests in her. Up to 9 August 2010, she had not yet replied to Joseph.

To read about forced "suicide," extra judicial killings, and mobbing in Australia, click here.

To read the letter Joseph sent to Australian Prime Minister Kevin Rudd, click here. Up to 1 January 2010, he has not replied to Joseph.

To read about the human rights abuses in Australia, click here.

To read about the criminality and corruption of the Australian Federal Police: Gangsters with police badges, click here.

Mass Evacuation... of people - Top Ryde, NSW, Australia - weapons scare ??   A rather strange phenomenon has occurred, or is still ongoing, in Top Ryde, NSW, Australia.

Most of the people have been evacuated, construction work ceased, but with cars and minimal people left behind in order to give the impression of there not having been a mass evacuation. Something obviously major, secret, has happened, and the designated authorities are doing a cover up job. They even have pretend trucks doing pretend work, in order to dupe any investigating media. These heavy vehicles have nothing at all to do with the area, except to run up and down the local roads in order to give the lie to the evacuation.

Why has there been a mass evacuation of the people?  Where have they all gone, and who's paying for the enormous costs involved?  Maybe this has exacerbated the rental crisis in Sydney.

Is it some sort of covert operation being conducted by the United States' notorious spy agency, the Central Intelligence Agency (CIA) ???

Has there been some sort of security scare?  Has there been a weapons scare of some kind, possibly a scare of weapons of mass destruction?

Or maybe they are now looking for Iraq's weapons of mass destruction in Top Ryde, NSW, Australia, at the probable behest of the former Republican Bush Administration.

Secret Register, Secret Orders... Star Chamber, Australian Federal Police.   There exists a secret register of secret Court orders made in Canberra at the secret request of Australia's Nazi Gestapo, the criminally tainted Australian Federal Police, the heinous satanic monsters, who can go to a Magistrate or Judge in Canberra and get any Court orders against anyone in Australia, with no questions asked, in secret, in the absence of the hapless accused person, without his knowledge, with no contestation, with no evidence.

In Canberra, there exists a Star Chamber, which comes into being only with the express approval of the Federal Labor Government. This Star Chamber is increasingly being used for political purposes, to convict innocent people.

A person can live in, say, Perth, and the Canberra criminals in the Australian Federal Police will secretly prosecute him in Canberra. Even the ancient barbarians did not do this. But the heinous satanic monsters, the Australian Federal Police do so. They have no credibility, as was shown in their malicious arrest, detention, and prosecution, with no evidence, of Indian doctor Mohamed Hanef. Their testimony will always be suspect, untrustworthy, or at least be always tainted with apprehensions of fabrication of evidence. There will always be such apprehensions so long as it continues to exist. It's hardly a prepossessing prospect being prosecuted by crooked cops. The Australian Federal Police should be disbanded, like the former South Australian Crime Commission was disbanded some years back.

All documents, evidence and other indicia about these secret Court orders are meticulously removed from the Courts, and get deposited in the secret archives of the Australian Federal Police, to prevent indictment of the Police criminal culprits in the International Criminal Court for crimes against humanity.

If a person writes to the Court, a Police operative impersonating the Court will probably respond saying that there are no files on him. And of course, this would be perfectly correct, as all the Court files had previously been uplifted and transferred to the secret Police archives. The Police operative in the Courts will not say that there are no Orders.

The object of the Orders is to turn the victim inside out, so to speak, to torture him on the off chance that the Australian Federal Police may find something, or to frame him with impunity. That the victim gets ruined is of no concern, neither to the satanic Police nor to Federal Labor.

Federal Labor, akin to the former Republican Bush Administration, is fully aware of these crimes against humanity.

Federal Labor, many of whom are lawyers and not labourers, are an accomplice, knowing full well the implications of being complicit in crimes against humanity, human rights abuses, and of not being able to utilise the Nurenberg Defence of simply following orders or the official line.

The secret Court orders in the secret register are technically called Interim Control Orders. They are in force for 12 months, and can be renewed every 12 months, endlessly. And it appears that lawyers around the country have been expressly instructed, commanded, again in secret (how else?), not to defend any of their clients who have such Orders made against them.

Lawyers and other designated people have access to the register and, as a condition of such access, they have to lie and deny and obfuscate everything.

If you think strange things are happening all around you, there's a good chance that there is a secret Interim Control Order made against you.

The Australian Federal Police have engaged and organised thousands of abject jerks, mostly drop kicks, dip sticks, and other dregs and no-hopers in society, even children and possibly clergy, to be Police collaborators, Police mongrels, jackals, to spy on and stalk and harass the hapless victims. Some of these victims have been dobbed in anonymously to the Police, obviously by their enemies seeking revenge. Malice has no bounds

For more information on human rights abuses in Australia, and other evidence, click here.

To read about the criminality and corruption of the Australian Federal Police: Gangsters with police badges, click here.

Australian Federal Police... desecrate two Catholic churches.   Over the last 23 months or so, the Australian Federal Police or their operatives or their police informers, have not only desecrated two Catholic churches, being the Holy Spirit Church, North Ryde, NSW, and St Benedict's Church, Sydney, NSW, but have also violated and mutilated Article 116 of the Australian Constitution, and I quote:

The Commonwealth shall not make any law for establishing any religion, or for imposing any religious observance, or for prohibiting the free exercise of any religion, and no religious test shall be required as a qualification for any office or public trust under the Commonwealth.

In the adjacent photo of the interior of Holy Spirit church, the device circled in pink seems to be a police surveillance device, and it is therefore unlawful, unconstitutional, sacrilegious. The device could only have been forcibly placed there by the Australian Federal Police, allegedly in order to harass people or to fabricate some evidence against them. But, "the devils have not won yet."

Apart from the satanic desecration, what they have done at the two Catholic churches constitutes "... prohibiting the free exercise of any religion..." and is therefore unconstitutional.

The lives of countless hundreds of Catholic Christians have been adversely affected by the police satanic attacks on the two churches, parishes, school, and university.

If you try to telephone or contact any of the two Churches or parishes or school or university, a demonic police operative may still be there, liars waiting to deceive and to lie and to deny everything, maybe also impersonating either the priest or other church personnel. It is to be hoped that these demons be exorcised from all the Catholic Christian precincts as soon as possible.

I am not altogether certain, but I suspect that perhaps even St. Joseph's Convent, O'Connor, Canberra, ACT, may also have been desecrated by the police demons. The convent is of course the home of Catholic nuns, most of whom are elderly.

It is quite obvious that some of the priests are under duress, forced to agree to perform some involuntary changes, some changes to the liturgy, and it is not yet known whether or not some of them have been jailed or otherwise punished in any way. I think that maybe even a Catholic bishop may also be under some sort of restraint. Some parishioners, though, appear to have consented or been compelled to do evil, even in Church during services, to be police accomplices, police collaborators, and then they go to the Altar to receive Holy Communion with constructive blood on their hands.

It is suspected that the Australian Federal Police are facilitating or demanding this by enforcing its new found right, in August 2007, to use the Defence and External affairs powers of the Australian Constitution in peace time without accountability.

The Australian Federal Police, the new Nazi Gestapo, and their operatives and their collaborators are of course most courageous and daring, so brave, so awesome, breathtaking, decisive, against peaceful, law abiding Catholic Christians, but chicken little, abject cowards if they, the police, had to confront real criminals with guns, especially those criminals within their own ranks. Obviously, there are some individuals in the Australian Federal Police who wish to enhance their careers and salaries by pursuing and stomping on innocent people, by using secret terrorist laws for political and other non-terrorist purposes, as is happening.

I would probably guess that, as a result of these Catholic Christian desecrations, the Australian Federal Police, would now be hugely popular, sensationally celebrated in those countries and police forces that persecute or torture Christians.

But God said:

"You shall not join a multitude to do evil..."   (Ex.23.2)

"And tell him [Eli, a priest] that I am about to punish his house for ever, for the iniquity he knew, because his sons were blaspheming God, and he did not restrain them."  (1 Samual 3.13).

Jesus Christ, Son of God, said:

"It is not right to acquiesce in the mighty things of the earth when they induce acts contrary to God's commandments."  

"Can God bless what is in contrast with His Law, that is, with His Word [Jesus]? I solemnly tell you that He cannot. And I also solemnly tell you that one must prefer to die rather than infringe the divine Law."

"... the enemies of My Church. Those who oppose It, hurling themselves against It, because It is the Headstone, are crushed. For the last twenty centuries the history of the Earth has confirmed what I said. The persecutors of the Church are crushed as they hurl themselves against the Headstone. But it is also true, and those who think that they are secure from divine punishments, because they belong to the Church, should bear this in mind, he on whom fall the weight of the condemnation of the Head and Bridegroom [Jesus] of this Bride [Church] of Mine, of My mystical Body, will be crushed."  [The Writings of Maria Valtorta.]

Persecutions against Christians.  To read more about Persecutions against Christians, click here.

Human Rights Abuses In Australia.   For more and fuller information on human rights abuses in Australia, and other evidence, click here. Or click below by topic --

• Human Rights Abuses in Australia --
  1(a). Police Persecution, Barbarism, Inhumanity, Tortures... of Joseph Costa, beneficial owner
  1. Human Rights Abuses... in Australia
  2. Spying In Australia... on the countless enemies of the Bush Administration ?? 
  3. Using Mental Ruses... to seize people and their property
  4. Australian Senate... conceals repeated acts of illegality
  5. Defrauding The Sick And The Elderly (the "Victims")... in Australia 
  6. Evidence... of Australia's legal obligation to comply with UN Treaties
  7. Police In Australia... block communications to the United Nations Human Rights Council
  8. Australian Federal Police... corrupting Australian institutions with police informers
  9. Canberra... where forced medical injections are performed
  10. Australian Capital Territory Government
  11. Australian Constitution... suspended by the Australian Federal Police
  12. More Secret Tribunal Orders... without due process
  13. New Nazi Gestapo... Australian Federal Police - also engaged in torture ??
  14. Australian Human Rights Organisations... if you are guilty, they are interested
  15. Australian Storm Troopers... "community relations agents"
  16. Star Chamber...  in secret, in Canberra
  17. Police Planting Evidence... Australian justice today
  18. Devils In Australia... the hidden police army of "Community Relations Agents" 
   

Collateralised Debt Obligations (CDOs).   The manipulations and collapse of CDOs, or subprime mortgages, the massive financial collapse in history, was the prime cause of the September-October 2008 equity prices crash in the United States and elsewhere, and of the resultant economic turmoil, recession, rising unemployment, and social unrest. For more information on CDOs, click here.

Ryde City Council, and the "Ryde Town Centre."   For more information on the massive over development, click here.

Update Of Regular Economic Features

Kindly note that the following updates, under this heading, sometimes involve minor changes from month to month. But such changes might just have important ramifications.

Australian Bourse.  Last month, on the Australian Stock Exchange (ASX), the All Ordinaries index fell 1.5% and, in respect of the month prior to that, the index rose 4.2%.

To view a comparative graph, in index form, on the All Ordinaries index v. Dow Jones Industrial Average v. Nasdaq Composite Index v. market value of The Share Trader's portfolio, covering the period from 1 February 2000 to 31 December 2009, click here.

Australia also has two regional Bourses, namely, the Bendigo Stock Exchange and the Newcastle Stock Exchange. The mass media rarely reports on these two Bourses.

Australian Interest Rates.   At its last meeting held on 3-4 August 2010, the Reserve Bank of Australia left the official interest rate unchanged, at 4.5%. The rate should probably have been raised, but left unchanged in order to enhance financial stability, as a countervailing measure to the financial instability in Europe due to governments there racking up enormous debts and budget deficits. The threat of a double dip recession is real, and perhaps not too far away, and this would require a stabilisation of interest rates.

Domestically, Federal Labor has been splashing a lot of cash around, borrowing and spending it, or giving it away, and all this cash splash continues to have its adverse effects, coming home to bite borrowers with rising interest rates, especially hitting mortgaged home owners. Federal Labor have debilitated Australia with huge government debts and budget deficits.

As the current cycle of low interest rates seems to have ended, interest rates will probably be raised in due course in tandem with any future rises in US interest rates, in order to maintain or raise the interest rate differential between Australian and US interest rates.

Additionally, Australian interest rates are also being held relatively high in order to attract foreign investment, so as to finance the existing enormous foreign debt, which has built up over the years as a direct result of globalisation and of the failed free trade policies implemented by successive Federal Governments. Both major political parties are responsible for this debacle, that has led to the decimation of the once prosperous manufacturing sector which once provided innovation opportunities, countless jobs that added to the wealth of the nation and, equally importantly, stable regional and rural communities that supported local industries, employment, housing, and typically Australian culture and values. The world has never ever had free and unfettered trade, except in theoretical economics books, and it's unlikely ever to have it. Even some countries currently advocating free trade have covert impenetrable barriers to free trade, and have thereby made heaps of money from being hypocrites.

Despite the boom in the minerals industry, when Australia should be swimming in export income and in foreign currency reserves, yet the foreign debt keeps on ballooning, worsening, with no end in sight. Imports continue to flood in, to exceed exports, nearly month after month, for countless years, adding to the foreign debt.

The next official meeting of the Reserve Bank is set for 7-8 September 2010.

To view a comparative graph, in actual form, on the Australian dollar, and Australian and US interest rates, covering the period from 1 February 2000 to 31 December 2009, click here.

Australian Dollar.   The Australian dollar has been mixed, both strengthening due largely to the now rising differential existing between Australian and US interest rates, and strengthening due largely to the Australian mineral exports and to the weakening US dollar.

So what's predominantly driving or moving the Australian dollar at this time?

At present, the predominant factors affecting the Australian dollar are the current mineral exports, the sinking US dollar, the level of foreign debt, interest rates, and the interest rate differential between Australian and US interest rates. The rate of inflation is usually also a major driver, but not so at the moment even though it's been creeping upwards in recent months.

To view a comparative graph, in actual form, on the Australian dollar and the Australian foreign debt, covering the period from 1 February 2000 to 31 December 2009, click here.

To view a comparative graph, in actual form, on the Australian dollar, and Australian and US interest rates, covering the period from 1 February 2000 to 31 December 2009, click here.

To view a comparative graph, in actual form, on the Australian dollar, and the difference between Australian interest rates and United States interest rates, covering the period from 1 February 2000 to 31 December 2009, click here.

To view a comparative graph, in index form, on the Australian dollar v. the United States dollar v. the Japanese yen v. the European euro v. UK pound, covering the period from 1 February 2000 to 31 December 2009, click here.

Australian Economy.   According to the latest official statistics, the Australian economy (GDP) rose 0.5% during the March 2010 quarter, and rose 2.7% over the year to March 2010.

The GDP growth rate in respect of calendar year 2009 was 2.8%.

The GDP growth rate in respect of calendar year 2008 was 1.0%.

The GDP growth rate in respect of calendar year 2007 was 4.2%.

The GDP growth rate in respect of calendar year 2006 was 2.9%.

To view a comparative graph, in index form, on the All Ordinaries index and the Australian gross domestic product, covering the period from 1 February 2000 to 31 December 2009, click here.

Currently, Australia has free trade agreements with Chile, New Zealand, Singapore, Thailand, and the United States. And some sort of discussions about free trade also seem to be taking place with Indonesia, Japan, China, India, and Malaysia.

These so-called free trade agreements are fast transforming Australia into a country with high real unemployment, and an economy dominated mainly by big miners, big farmers, big shopping centres, and suffering from the debilitating effects of near monopolies and of minimal real competition.

United States Bourse.    Last month, the Dow Jones Industrial Average rose 7.1% and the Nasdaq Composite Index rose 6.6%. This contrasts with the month prior to that, when the Dow Jones Industrial Average rose 7.1% and the Nasdaq Composite Index rose 6.6%.

To view a comparative graph, in index form, on the All Ordinaries index v. Dow Jones Industrial Average v. Nasdaq Composite Index v. market value of The Share Trader's portfolio, covering the period from 1 February 2000 to 31 December 2009, click here.

United States Interest Rates.   At its last scheduled meeting held on 10 August 2010, the US Federal Reserve Board ("Fed") left the official interest rate unchanged, in the range 0.00% to 0.25%, in effect to near zero.

Clearly, either the economy has not yet recovered, or alternatively and more plausible, the Fed has concerns about the US economy regressing into deflation.

While the decision to hold the interest rate at such a low rate was a good move in the short term in order to help calm the financial markets, the rate will probably have to rise, in the long term, as a matter of sheer necessity, in order to countervail the adverse consequences arising from the massive internal and external deficits that were racked up by the former Republican Bush Administration, which was then printing and spending and wasting money as if there were no tomorrow.

The next official meeting of the US Federal Reserve Board has been set for 21 September 2010.

To view a comparative graph, in actual form, on the Australian dollar, and Australian and US interest rates, covering the period from 1 February 2000 to 31 December 2009, click here.

United States Dollar.   In these times, the US dollar has been weakening, depreciating, due mainly to the former Republican Bush Administration's pursuit of reckless economic policies, and due also to the uncertainties surrounding the United States' reversion back to heavy deficit financing, i.e. printing more and more paper money in order to fund its ongoing multiple wars, against terrorism, in Iraq, and in Afghanistan. 

United States Economy.   If you believe the official figures, the US economy (GDP) grew during the June 2010 quarter, at an annualised rate of 2.4%.

During the previous March 2010 quarter, the GDP rose, at an annualised rate of 2.7%.

During the previous December 2009 quarter, the GDP rose, at an annualised rate of 5.6%.

During the previous September 2009 quarter, the GDP rose, at an annualised rate of 2.2%.

During the previous June 2009 quarter, the GDP declined, at an annualised rate of -0.7%.

Notwithstanding the above, the fall out from the US subprime credit crises, brought about by the collapse of Collateralised Debt Obligations (CDOs), continues to affect the US economy, which is presently experiencing massive and escalating internal and external deficits, being the twin deficits of budget and trade, with no end in sight. The US government debt has also reached alarming proportions, with worrisome implications for the economies of the rest of the world.

The painful legacy of the former Republican Bush Administration's mismanagement continues, with the innocent ordinary Americans now suffering the consequences.

Chinese Renminbi (Yuan).   The renminbi is of course the official name given to the Chinese domestic currency, the yuan, which was finally revalued on 22 July 2005. The revaluation came about only after many years of intense IMF, US, and EU criticism of Chinese Government currency and trade practices. It remains to be seen how this change of currency policy is actually implemented in practice, over the long term. The dual naming of the Chinese currency can also be confusing.

Prior to 22 July 2005, for a decade, the yuan was fixed at around 8.27 yuan per 1 US dollar, and this resulted in accusations being made against the Chinese Government for engaging in mercantilism, a system of economic regulation expressly or covertly designed to bolster exports and discourage imports on an ongoing basis. Mercantilism has enabled Communist China to prosper enormously, as the Japanese did before them.

As a result of its trading practices, Communist China has amassed great wealth and enormous foreign currency reserves, and continues to do so. It will not be long before the economic might of China overtakes that of the United States.

But trade tensions are emerging. As the yuan is fixed to the US dollar and as the US dollar has fallen in international currency markets, the yuan has therefore become much undervalued, thereby giving Chinese exporters another unfair advantage for their exports to the rest of the world.

The Share Trader

Overview.   At the beginning of last month, most main equity markets around the world again opened with volatility. Again there wasn't much optimism or confidence to be seen, except on 2 August 2010, when the Dow Jones Industrial Average rose 2.0% and the Nasdaq Composite Index rose 1.8%. Thereafter, markets fluctuated and sentiment waned, especially on rumours that the US economy was faltering. Then on 11 August 2010, the markets took a hit, exemplified by the Dow Jones Industrial Average falling 265 points (2.0%) and the Nasdaq Composite Index falling 69 points (1.8%).

Mid month amid continuing fears of an economic downturn and a fall off in consumer confidence, equity markets again slid down.

Towards month's end, most main equity markets closed on a weak note, but with most markets well down for the month.

Thankfully, The Share Trader's portfolio is still up, even though it took a gradual, sinking hit from February 2002 to June 2003, a time of war uncertainties and belligerence about Iraq. Since start up, the market value of the portfolio has climbed to $37,743, up 142%, as at the end of last month and, in respect of the month prior to that, the market value was also up, 138%. Click here for graph.

Purchases.   Since the last issue, during last month, no stocks were acquired.

Sales.   Since the last issue, during last month, no stocks were sold.

Stocks Currently Held - Comments.   As at the end of last month, 31 August 2010, The Share Trader held the following stocks in the portfolio:

Centrebet International Limited ("Centrebet").    Since the last issue, during last month, the share price weakened towards month's end.

Latest known developments.   Centrebet continues on.

Summary of comments made over the previous months. Centrebet is an online wagering and gaming company, with ambitions of expanding its operations into Europe and elsewhere. But the company's success in the long term will largely depend on expanding its products range and on the geographical areas covered by its operations.

Lately, Centrebet announced a major new initiative to its business, an online sportsbook to be called, SportOdds, in conjunction with its Managing Director and a major Australian newspaper, which is expected to provide substantial promotional and marketing clout to SportOdds. Further details are awaited about this new venture.

In respect of the year ended 30 June 2009, Centrebet reported an adjusted net profit of $A11.0 million.

In respect of the year ended 30 June 2008, Centrebet reported a net profit of $A13.0 million.

In respect of the year ended 30 June 2007, Centrebet reported a net profit of $A11.1 million.

iiNet Limited ("iiNet").    Since the last issue, during last month, the share price weakened towards month's end.

Latest known developments.  iiNet  continues on.

Summary of comments made over the previous months. iiNet is a telecommunications company, with interests in telephony, and the internet.

In respect of the year ended 30 June 2009, iiNet reported a net profit of $A25.6 million.

In respect of the year ended 30 June 2008, iiNet reported a net profit of $A19.9 million.

In respect of the year ended 30 June 2007, iiNet reported a net profit of $A23.3 million.

Lend Lease Corporation Limited ("Lend Lease").    Since the last issue, during last month, the share price weakened towards month's end. 

Latest known developments. Lend Lease continues on

Summary of comments made over the previous months. Lend Lease is involved in property and construction.

National Australia Bank Limited ("NAB").    Since the last issue, during last month, the share price strengthened towards month's end.

Latest known developments.  NAB continues on, as a typical bank.

Summary of comments made over the previous months. NAB is a major Australian bank, having also banking interests overseas especially in Britain and, more recently, in the United States. It has dominant interests in Clydesdale Bank, Yorkshire Bank, Bank of New Zealand, and MLC.

In respect of the year ended 30 September 2009, NAB reported a net profit of $A2,589 million.

In respect of the year ended 30 September 2008, NAB reported a net profit of $A4,536 million.

In respect of the year ended 30 September 2007, NAB reported a net profit of $A4,578 million.

Strategic Energy Resources Limited (formerly called Eagle Bay Resources Limited ("Strategic").    Since the last issue, during last month, the share price strengthened towards month's end.

Latest known developments.  Some time back, more news was released about Strategic's Uley Graphite project, which the company claims is world class. An Australian university has been brought into the project, which may lead to the granting of a government study grant.

Some time back, Strategic completed the drilling of the fourth wildcat exploration well, Jasmine-1, and it was a dud, that sent the share price of Strategic down and down.

Summary of comments made over the previous months. Strategic has a number of mineral and petroleum interests around Australia, with some prospective finds.

In respect of the year ended 30 June 2009, Strategic reported a net loss of $A2.1 million.

In respect of the year ended 30 June 2008, Strategic reported a net loss of $A2.4 million.

In respect of the year ended 30 June 2007, Strategic reported a net loss of $A1.5 million.

But most exploration companies, such as Strategic, usually incur losses until such time as they get to produce something at a profit, provided that they are lucky enough to find something tangible, a resource, and then have the requisite expertise to convert that resource find into surplus money to bank.

Strategic Energy Resources Limited was formerly known as Eagle Bay Resources Limited.

Stocks Currently Held - Financial.   The stocks currently held in the portfolio, together with any residual cash, appear hereunder in alphabetical order.

Warning.   Readers or other who deal in the above stocks, and in those mentioned below or elsewhere in this publication or in this website, do so at their own risk. Refer also to the disclaimer below and to the adjacent Table of Contents for further details on Cosepp Corporation Pty Limited's non acceptance of any responsibility of any kind whatsoever. Any of the above stocks, those below, or any other, may be sold or purchased at any time, in any quantities and in any manner whatsoever.

Disclosure.   At the time of writing, Cosepp Corporation Pty Limited, the owner and publisher of this column and newspaper, had an indirect beneficial interest in the shares of all the stocks discussed above and/or below as follows:  Centrebet International Limited, Strategic Energy Resources Limited, iiNet Limited, Lend Lease Corporation Limited, and National Australian Bank Limited. These beneficial interests may change at any time in any way whatsoever, without any notices or conditions. See also the important warning above and the disclaimer below.

Portfolio Performance.   The market value of The Share Trader's portfolio, as at the end of each month, since the beginning from mid February-March 2000 with an initial start up capital of $A15,597, has been as follows:

The Share Trader's Portfolio as at  31 August 2010

Market Value:   $A37,743,  up 142% Start Up Capital:     $A15,597

Market Value of The Share Trader's Portfolio v. 3 Indices.   To view a comparative graph, in index form, showing the market value of The Share Trader's portfolio, the All Ordinaries index, the Dow Jones Industrial Average, and the Nasdaq Composite Index, click here. The comparative graph covers the period from 1 February 2000 to 31 December 2009, and it is expected to be updated only once yearly. The graph clearly and unequivocally demonstrates how well The Share Trader's portfolio has indeed outperformed all the 3 indices.

Completed Trades.    The Share Trader's latest 2 completed trades, together with the link to view all the other completed ones, appear hereunder, in reverse chronological order of completion.

Disclaimer

Cosepp Corporation Pty Limited does not provide advice on shares to the general public nor to clients in any way whatsoever. Cosepp Corporation Pty Limited, its officers, its employees, and any other person or entity mentioned herein accept or bear no responsibility for this publication's contents, accuracy, completeness, reliability, timeliness, or other. This publication is only about general discussion, and is not intended to constitute any form of recommendation in any way whatsoever, including any possible recommendation which may so be construed on what to buy or not buy or sell or not sell or hold or other, either similar or distant or directly or indirectly, or other. A person reading this publication should not rely on the information provided, but instead should discuss the issues raised with his or her own adviser who, necessarily having details of his or her individual particulars, would have due regard to his or her specific circumstances, requirements, and objectives.

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