JAN 30 SIT EC y POL
GLOBAL RESEARCH
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WASHINGTON BLOG
The Death Of
The American Dream In 22 Numbers. Posted on January 30, 2015 by WashingtonsBlog
. By Michael Snyder.
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Ukrainian
Government: “No Russian Troops Are Fighting Against Us”. Posted on January 30, 2015 by Eric Zuesse.
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PRESSTV
Pakistanis
denounce killing of Shias. Protesters in Karachi stage a massive rally to
denounce a recent attack on Shia Muslims in Pakistan
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Oil
prices up almost $4 a barrel. Oil
prices rise by nearly USD 4 a barrel after a sharp fall in the past few months.
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Russia
to keep military edge over West.
Russia's nuclear arsenal will ensure military superiority over the West, a top
Russian general says.
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CIA
used British territory for torture. A senior Bush administration official says interrogations of US prisoners
took place on the British territory of Diego Garcia. [both continue funding & sending mercenaries to ISIS and
to south Ukraine.. they are still partners in genocide & HR abuses]
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'Greece
will no longer work with troika'. Greece’s Finance Minister Yanis Varoufakis says his government will no
longer cooperate with “troika” or seek aid extension.
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Israel
not worthy of Iran's war’. A
top IRGC commander says Israel is too insignificant for Iran to consider it as
a threat.
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US
homeownership hits 20-year low. US
homeownership fell to a 20-year low in the fourth quarter of 2014, the Commerce
Department said on Thursday.
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'If
talks fail, attacks will continue'. Pro-Russia forces in eastern Ukraine vow to continue their attacks on the
Ukrainian army positions if ceasefire talks in Minsk fail. [is droning the neo-nazi rats of Kiev the solution? Maybe, one
mule of imperialism will be down .. but you have to continue on 2 next mules]
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Turkey
slams Israel settlement plan. Turkey
slams Israel’s new plan to build more illegal settler units in the occupied
West Bank. [settlements only make sense if underground… bunkers.. and even
though..]
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'US
using ISIL to spread Islamophobia'. The creation of ISIL was part of a “false flag operation” by the US and
Israel to spread “Islamophobia."
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‘Senate
Iran bill, unwise and untimely’. An analyst says the US Senate bill on Iran sanctions is very “unwise and
untimely” and is intended to kill the P5+1 negotiations. [negoc..? .. kill
the circus?]
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‘US
cannot deny support for ISIL’. US
can no longer deny the fact that it is funding, arming and training the
terrorist groups.
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US
sees journalists as 'enemy of state'. The White House treats journalists that “cross this administration” as
“enemies of the state." [entonces no es Dios quien bendice America
pero si Don Sata. So, It is not God who bless America but the
devil. F… both of them!]
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'E
Ukraine pro-Russians not terrorists'. NATO says it will not label the republics of Donetsk and Luhansk in
eastern Ukraine as terrorist organizations [so, are they
finally realizing that the real terrorist are the super-millionaires like
Poroshenko and bankers who embezzled the Ukraine gold? If so, Big progress?]
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Virginia
man on FBI terrorist list. The
FBI has added a US citizen born in Somalia to its list of most-wanted
terrorists for recruiting for al-Shabab.
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UN
upholds life for massacre convicts. A UN court upholds life sentences for two people involved in 1995
massacre of Muslims in Srebrenica. [the UN’s
Yugoslav war crimes court should indict Bill Clinton –the mastermind of the
attack on Yugoslavia- for war crimes]
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ZERO HEDGE
Meet
Loretta Lynch – Obama’s Attorney General Nominee Who Might Be Even Worse than
Eric Holder. Submitted by Tyler Durden on 01/30/2015 When Eric Holder
announced his resignation, many breathed a sigh of relief thinking it can’t get
much worse, but not so fast. The authoritarian streak and rampant cronyism of
the Obama administration is a well oiled machine. You didn’t think you’d get off
that easily did you? Enter Loretta Lynch.
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One
Of These Things Is Not Like The Other. Submitted by Tyler
Durden on 01/30/2015 "Reality" is not "perception" [Who lies? check this interesting Chart
from: Bloomberg ] http://www.zerohedge.com/news/2015-01-30/one-these-things-not-other
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"We
Can't Do This Forever," Fed Admits "Market Will Overwhelm Us". Submitted by Tyler Durden on 01/30/2015. "It
may work out just fine, but there’s a risk to that strategy... we’re in some
sense distorting what might be the normal market outcomes at some point, we’re
going to have to stop doing it. At some point the pressure is going to be too
great. The market forces are going to overwhelm us. We’re not going to be able
to hold the line anymore. And then you get that rapid snapback in premiums as
the market realizes that central banks can’t do this forever. And that’s going
to cause volatility and disruption." - Charles Plosser
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Visualizing
The Cost Of Living Around The World. Submitted by Tyler Durden on 01/30/2015
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As
China's Offshore Yuan Crashes To A 2 Year Low, Beijing Warns Its Citizens:
"Don't Buy Dollars". Submitted
by Tyler Durden on 01/30/2015. We will point out
something disturbing. The Offshore Yuan just hit a two-year low, reaching a
level not seen since September 2012. [when latinos hear that the dollar or
euro is low, we use to say buy dollars & euros with our own currency. Now
that is the yuan that is low.. what you would say? Of course..: buy yuans with
dollars and saved or visit china. No doubs… China is the most reliable economy
and this temporary offer won’t last longer]
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The
Fed Is Now Frontrunning Value Investors. Submitted by Tyler Durden on 01/30/2015. The Fed has been
supporting the market since the late 1980s. But there is an important
difference between the actions of the Fed under Yellen versus Greenspan and
Bernanke. In 2008, the Fed allowed Bear Stearns and Lehman Brothers to fail.
Given the massive wipeout that followed, this decision is now viewed as a dangerous
mistake. Having learned their lesson, the Fed is now rushing in to support the
market in response to even routine 20% drops. In this way, the Fed is acting
like a value investor who demands a small margin of safety before investing....
Since 2010, however, the Fed has changed tactics. The Fed is now reacting
far more quickly. Small market selloffs are followed by immediate responses. By
quickly riding to the rescue, the Fed is effectively front-running value
investors.
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"Obama
Is Clueless On Inequality," David Stockman Rages "The Problem Is [The
Fed]". Submitted by Tyler
Durden on 01/30/2015. Echoing
Elliott's Paul Singer's "greatest irony of politicians railing against
inequality," former Reagan OMB Director David Stockman raged that when
it comes to inequality, everyone can see the symptom, but "President
Obama is clueless as to the cause," blasting that the problem is not
capitalism, "the problem is in the Eccles Building and the 12 people
sitting there thinking that zero interest rates are some magic elixir that
will cause this very toubled economy to revive.! It won't, "these
people are dangerous and destructive," Stockman exclaims, and
sooner or later the inequality they have created is going to cause a huge
political reaction.
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The
Death Of The American Dream In 22 Numbers. Submitted by Tyler Durden on 01/30/2015. For decades, the
rest of the planet has regarded the United States as “the land of opportunity”
where almost anyone can be successful if they are willing to work hard. The
“American Dream” has been transformed into a very twisted game of musical
chairs. With each passing year, more people are falling out of the middle
class, and most of the rest are scrambling really hard to keep their own
places. Something has gone horribly wrong... We are the generation that gets
to witness the end of the American Dream.
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Germany
Is (Almost) Japan: Bund Yield Plunges To Record 0.33%. by Tyler
Durden on 01/30/2015. Germany's 10Y Bund closed at a record low today
(within 4bps of Japan's 10Y yield). The Japanification of Europe is almost
complete.
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How
Do You Solve A Problem Like Syriza?. Submitted by Tyler Durden on 01/30/2015. Rather than be a
problem, Syriza may well be a solution, if it plays its cards right, but
that still leaves politicians and investors denominating Tsipras et al as a
problem, if not a menace. The world’s major banks got rich off the back of the
Greek population at large, and when their wagers got so absurd they collapsed,
the banks saw to it that their losses were transferred to European -and
American – taxpayers. And those taxpayers are now told to vent their anger at
'those cheating, lazy Greeks'. The Troika, the EU, the IMF, and the banks
whose sock puppets they have chosen to be, are a predatory force that has come
a long way towards wiping Greece off the map. And that’s what Syriza has
set out to remediate. And for that, they deserve, and probably will need, our
unmitigated support. http://www.zerohedge.com/news/2015-01-30/how-do-you-solve-problem-syriza
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"Looks
Like I'll Be Able To Retire Comfortably At Age 91". Submitted by Tyler
Durden on 01/30/2015. You've probably seen articles and adverts
discussing how much money you'll need to "retire comfortably."
The trick of course is the definition of comfortable. The general idea
of comfortable (as I understand it) appears to be an income which
enables the retiree to enjoy leisurely vacations on cruise ships, own a
well-appointed RV for tooling around the countryside, and spend as much time on
the golf links as he/she might want. Needless to say, Social Security isn't
going to fund a comfortable retirement, unless the definition is
watching TV with an box of kibble to snack on. By this definition of
retiring comfortably, I reckon I should be able to retire at age 91--assuming
I can work another 30 years and the creek don't rise.
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Bill
Ackman's Biggest Winners And Losers Of 2014. Submitted by Tyler Durden on 01/30/2015
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Brazil's
Economy Is On The Verge Of Total Collapse. Submitted by Tyler Durden on 01/30/2015. Today's Brazilian
economic data follows up quite well to our article from a month ago
"Brazil's Economy Just Imploded" and as the earlier article on the
crashing Brazilian Real hinted, things for the Brazilian economy how gone from
imploding to, well, worse because not only did the twin fiscal and current
account deficits rise even more, hitting a whopping 11% of GDP - the worst
since August 1999, but its government debt soared to 63.4% in 2014, up from
56.7% a year ago, and the highest since at least 2006. In short - the entire
economy is now on the verge of total collapse.
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"First
The Deflation - Then The Inflation". Submitted by Tyler Durden on 01/30/2015. Again and again
through history, first you have the massive deflation and then
government is forced to debase the money supply that finally reverses the
economy sending it into a inflationary spiral. The second phase is
when gold will rise. But you first have the deflation (that we are
seeing now) that reduces tax revenues and then you have the inflation
set in motion by rising costs (waiting in the background).
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The US
Economy In Two Pictures. Submitted
by Tyler Durden on 01/30/2015
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It
Begins: Energy Giant Chevron Suspends Stock Buyback, Blames "Cash Flow
Squeeze" Submitted by Tyler
Durden on 01/30/2015 Moments ago energy giant Chevron admitted that not
only does it not see oil doubling any time soon, but that energy prices are
almost certain to go far lower from here, and as a result the company decided
that after buying back $5 billion of its shares in 2014, i.e., buying high and
higher before the stock crashes may not be the best use of dwindling cash flow,
and as a result has just suspended its stock buyback program of the rest of
2015. Yes, energy giant Chevron just ended its buyback!
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Greek
Bond Yields Surge Above 19% After EU Talks. Submitted by Tyler Durden on 01/30/2015. Following finance
minister Varoufakis' insistence that Greece will not accept more debt (or what
EU calls a "bailout") and talks with the Eurogroup chief end, Greek
bond yields have surged (and prices dropped) with 3Y GGBs back over 19%
- the highest since the crisis. Greek bank stocks - after yesterday's
exuberant penny stock squeeze - are falling once again.
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"Everything
Is Awesome" American Consumers Are The Happiest In 11 Years. Submitted by Tyler
Durden on 01/30/2015.
Charts: Bloomberg
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The
Mexican Peso & Brazilian Real Are Collapsing. Submitted by Tyler Durden on 01/30/2015
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Greece
Slams EU Bailout-ers: "We Don't Want The $7 Billion, We Want To Rethink
The Whole Program". Submitted
by Tyler Durden on 01/30/2015. UPDATE:
"CONSTRUCTIVE TALKS" are over: VAROUFAKIS SAYS WILL NOT ACCEPT
SELF-PERPETUATING CRISIS
As Eurogroup chief
Jeroen Dijsselbloem (of "template" foot in mouth infamy) heads to
Athens for talks today, Bloomberg
reports the new Greek Finance Minister Yanis Varoufakis has a clear message
for his European overlords of the past: “We don’t want the 7 billion
euros...We want to sit down and rethink the whole program." While
this exposes the nation's banking system to further runs, yesterday's
revelation that Russia could step in with financing should they need it, leaves
Dijsselbloem and Shulz with less and less leverage even as Spain's chief
economic advisor warns, if Greece doesn't play along, "there will be
problems on all fronts."
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Crucial
Employment Cost Index Growth Slows. Submitted by Tyler Durden on 01/30/2015
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Eurozone
Deflation Ties Post-Lehman Record, Worse Than Expected. Submitted by Tyler
Durden on 01/30/2015
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Submitted by Tyler
Durden on 01/30/2015 - 07:48
- Falling Prices Spread Pain Far Across The Oil Patch (WSJ)
- ISIS Group Claims Responsibility for Attacks That Killed 27 in Egypt (NBC)
- Russia Unexpectedly Cuts Key Rate as Economy Eclipses Ruble (BBG)
- Greece’s Feisty Finance Minister Tries a More Moderate Message (NYT)
- U.S. homeownership hits 20-year low, but new households growing (Reuters)
- Indian Banks’ Shares Plunge as Bad-Loan Provisions Surge (BBG)
- Underground Terror Network Said to Benefit Would-Be Jihadists in Europe (WSJ)
- Russia warns West support for Kiev could lead to 'catastrophe' (Reuters)
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