The "settlement freeze" started November 26, 2009. Since, many parts of the United States experienced some of the worse winter weather on record, including one of the worst winters in Washington D.C.

The extension of this "housing freeze," set to expire on September 26, 2010, is one of the first concessions that the U.S. (Obama administration) will be pressuring Israel (the Netanyahu administration) to make in order to keep the "peace talks" on track^[1]. Palestinian President Mahmoud Abbas has already declared that he will drop the negotiations if "settlement activity" is resumed.

Yesterday, the housing report for the United States of America showed that the sales of previously owned U.S. homes fell dramatically, far more than the 12 percent that was expected in July, to a record 27.2 percent^[2]. This dramatic percentage decline, from June to July, puts the existing homes sales at its lowest pace since levels last seen in May 1995.

I find it to be of no coincidence that as long as the U.S.A. fails to honor the Covenant that JEHOVAH made with Abraham and his seed, calling "illegitimate" what JEHOVAH has called legitimate through divine Covenant, that our own housing and economy continues to suffer greatly as a result.

With the resumption of "peace talks" just eight days away, the real economic picture will continue to reveal an even darker outlook for the U.S.A. The fact of the matter is this, as long as the United States of America is cursing Israel and calling "illegitimate" what JEHOVAH has specifically called legitimate, even promising a blessing for those who observe and act accordingly to the promise, there will be no economic recovery, but instead, economic ruin.

The economic reality is just one of many realities the United States of America will be very shortly waking up to.

For the day of the LORD is near upon all the heathen: as thou hast done (to Israel), it shall be done unto thee: thy reward shall return upon thine own head. Obadiah 15

God Bless, daniel