Here is the first report we have seen where people ran into
a problem and it was in Israel. Credit cards were
issued which expired in the year 2000, showing "00"
only. When they paid their public service bill with these cards by
phone the Israel Electricity Corp. computer could not recognize
the payment and the company employees came to turn the
electricity off. Shopkeepers ran into the same problem. Their nationwide
clearing system would not recognize the card. The problems were solved
by doing hand entries. It didn't amount to any major catastrophe,
but just imagine multiplying this problem into millions
of times on computers around the globe.
Federal Reserve Chairman Alan Greenspan's abbreviated comments:
"What we have done at the Fed is to go back, program by program,
test each block to see in fact when you introduce the zero-zero
(00), whether the system broke down; to then start integrating, as
we are now, our overall payment system evaluations with the
individual banks in our system. And at this particular stage, I would
say we're probably on track, that we can fairly secure that the Federal
Reserve System, that the domestic operation - is
probably going to be okay.
"But our systems are integrated with the rest of the world.
And from what I can judge, even though major banks and
the major countries are moving at a fairly rapid pace,
we don't know, and may not know until the actual time arises, whether
everybody is, as we call it, Y2K-compliant.
"My suspicion is that we're going
to run into a lot of problems... we
have ordered a very major increase in the currency available.. There will
be a Y2K effect." (Midnight Call, November 1998)
At the Senate Committee Hearing on the Year 2000 Problem
and Agriculture, Nutrition, and Forestry a prominent voice was heard:
"My name is Ed Yardeni. I am the Chief Economist, Global Investment
Strategist, and a managing director of Deutsche Bank Securities, a global
investment banking firm. The subject of my testimony today is "The
Impact of the Year 2000 Problem on the Global Food Chain: We
Need Answers Now." There is much we don't know about
Y2K.. we do know that most computer systems must be fixed to
recognize that "00" in the widely-used-two-digit year field is
2000, not 1900... I'm amazed by the lack of alarm about
Y2K, especially among our global policy makers.. All I can do
is ask the questions: 1) Will farmers have access to information,
the seeds, the fertilizer, the feed and the credit to feed our global
population in 2000? 2) Will disruptions in our energy
supply chains (electric, oil, and gas) hamper the ability of farmers
to grow their crops and feed their livestock? 3) Will the distribution
channels operate without any serious risk of delays that
might spoil food products before they get to market? 4)
Will just-in-time inventory systems function properly
so that food retailers will have ample supplies on the
shelves? 5) Can our food supply chain cope with a wave of panic
buying late in 1999, similar to what always happens during localized
natural disasters? 6) Is there a risk that fertilizer plants might fail
..? 7) How might disruptions in natural gas distribution depress fertilizer
production? 8) Should farmers be encouraged to stockpile the
basic inputs they need to produce food in 2000? 9) Will the
railroads be able to operate at full capacity to
transport grains, livestock, and finished-food products to their customers?
10) Will ships move freely in and out of ports..? etc..
The entire Asian region is in a recession, perhaps a depression.
The situation is so bad that (their President).. urged his people to fast
twice a week during daylight hours to save three million tons of rice,
roughly the amount that country has had to import this year.
This shocking development may be just a warm-up act for the
kinds of problems that many more countries may face in 2000..
Many countries around the world are not moving fast enough to fix their
computers.
"America's emergency food stocks are all gone, according
to the U.S. Department of Agriculture. This is the first year since
WWII in which there is no emergency food stocks. (James Lloyd, Christian
Media. U.S. food reserves have been almost completely sold at
heavily discounted prices, on credit to Russia, Red China, and various other
Third World Countries. 400 thousand tons of U.S. grain surpluses
are approaching zero and with growing corn shortages, the U.S. is still
exporting 50 million bushels of corn per week).
It is unthinkable for most Americans that food shortages or widespread hunger could ever occur in America. Like so many other of the blessings we take for granted, we assume that we will always have abundant, never-ending supplies of food. Our food reserves are down to 40-45 days. (McAlvany Intelligence Advisor) (taken from Today, The Bible & You, Today's Front Page News October 1998)
Water may become a real issue without electricity and to be
on the safe side here are a few ideas. The most
economic water storage would be to use new clean plastic
trash cans. They hold up to 33 gallons, come with lids.
Those square plastic boxes which stack are another
good possibility. I little chlorine bleach, liquid or
tablets can be used to keep the water clean.
For heat, stacking wood for a fireplace is a good idea. Natural
gas heating can be converted to propane by changing
a small device on the heater, just call your propane dealer.
There is a Kerosene heater on the market called Kerosun
which kicks out 23000 BTU. Its known for its
reliability, low maintenance and safety. Its portable
and affordable. Normally $189 but can be found on sale often
at Home Depot. (Cultivate Ministries, December 1998)
Pastor David J. Meyer reported in the "Last Trumpet" newsletter, October 1998, "while staying at a hotel near Washington, D.C., my wife and I were seated next to a table occupied by a very dignified-looking man and his wife. I was able to strike up a conversation with this man about President Clinton and his misadventures. I then worked the conversation into the subject of the Y2K computer problem, wondering if the man knew about it. I was amazed at how the Lord always leads me to the right people; it has happened to me many times. The man was a recently retired senor computer for the Pentagon. He was an expert in the languages of Cobol and Algol. This man had my complete attention when he looked right at and said, `We saw this problem coming for many years but nothing was ever done about it, and very little is being done now.' He went on to say that it is going to be a `disaster world-wide.' Everything he said confirmed what I had discovered through much study, and it was wonderful to hear it from a man directly involved."