Since the WT this week has the prediction of a "Peace and Security" event, I thought I would include a comment from the New American Commentary (NAC, D. Michael Martin, pp.159-60) on 1 Thessalonians 5:2, 3.
Here is the WT's position, according to this week's WT study (Sep 2012 study edition, pp.3 4):
1 Th 5:2, 3 is a "future development."
It happens "just before that day of Jehovah."
"World leaders will be saying" it.
It "may refer to one event or to a series of events."
"Nations may think that they are close to solving some of their big problems."
The "religious leaders" may "join the political leaders" in this cry.
The "Peace and Security" cry "will indicate that Jehovah's day is to begin."
I'm sure others can come up with some of the Society's history of claims regarding this passage, but I wanted to highlight this commentary's very reasoned comments as a contrast:
Only unbelievers will be taken by suprise by the fact of the Lord's return. The clause "while people are saying, 'peace and safety' " is not a prediction of a particular time in human history so much as a prediction of an attitude. 102 The words need not describe idyllic times but arrogant or self-deceived people. They are like the prophets and priests who disputed Jeremiah's warnings of impending destruction and cried "peace, peace" when in fact Babylon was about to destroy the city (Jer6:14). . . . These are people who tell themselves they are secure and in control. They are not expecting God to invade their world.
The footnote numbered "102" is equally interesting:
The use of hotan ["whenever" or "while"] plus the present tense legosin ["are saying"] also indicates that Paul was thinking generally of the character of people, not of a particular end-time event for which the aorist would be more appropriate.
Note: Bracketed material in footnote is mine, for clarity. So is italics. If legosin were in the aorist tense, it would be translated "had said" or "have said" or something similar, thus, pointing to a particular point in time, an event.
Your thoughts welcome