MA 27 SIT EC y POL
ZERO HEDGE
Middle
East Geopolitical Relationships Simplified. Submitted by Tyler Durden on 03/27/2015
Ok.... Got it? http://www.zerohedge.com/news/2015-03-27/middle-east-geopolitical-relationships-simplified
----
Santelli
Stunned As Janet Yellen Admits "Cash Is Not A Store Of Value". Submitted by Tyler
Durden on 03/27/2015. After Alan
Greenspan's confessional admission that "Gold is a currency. It
is still, by all evidence, a premier currency. No fiat currency, including the
dollar, can match it," we found it remarkable that during the
Q&A after her speech today that Janet Yellen, when asked about negative
rates, admitted that "cash in not a very convenient store of
value," seemingly hinting at Bernanke's helicopter and that there
will be no deflation in The US ever... Rick Santelli then sums it all up
perfectly... "deflation is clearly the boogeyman... and the only thing
that will save the middle class."
----
"I'm
Not Stupid" Monsanto Lobbyist Refuses To Drink Weedkiller After
Proclaiming "It Won't Hurt You".Submitted by Tyler
Durden on 03/27/2015. "Do as I say, not as I do," appears to be
the message from a controversial lobbyist who claimed that the chemical in
Monsanto’s Roundup weed killer was safe for humans refused to drink his own
words when a French television journalist offered him a glass... "I'm
not stupid," he proclaims... you be the judge...
----
Pentagon
"Loses Track" Of Equipment From $750mm Bomb-Spotting Program, Finds
On eBay & Craigslist. by
Mike Krieger via Liberty Blitzkrieg blog, Submitted by Tyler
Durden on 03/27/2015.
[Looks funny but is not .. it is our serious business of war
.. read it:]
The Pentagon lost track of
sensitive equipment from a $750 million program to help U.S. soldiers spot
roadside bombs — and some of it wound up for sale on eBay, Craigslist and other
websites, according to a Navy intelligence document obtained by The
Intercept.
The report went on to state
that “more than 32,000 pieces of equipment were issued” under the program, and
the items “are NOT for civilian use and are controlled under the International
Traffic in Arms Regulations.” The devices went missing because the
military units had poor control over equipment distributed to them, according to
the intelligence brief.
– From the Intercept article: Sensitive
Military Gear Ended Up on eBay, Craigslist
Another day, another example of the inconceivable
incompetence of the U.S. government.
Just yesterday, I published a post titled, Can’t
Make This Up – U.S. Providing Aid in Fight Against ISIS in Iraq Alongside
Iranian Troops. Here’s an excerpt in case you missed it:
The U.S. has started
providing Iraq with aerial intelligence in the stalled battle to oust Islamic
State from Tikrit, drawing the American military into closer coordination with
Iranian-backed militias spearheading the offensive.
Military officials said they
aren’t working directly with Iran. But the intelligence will be used to
help some 20,000 Iranian-backed Shiite militia fighters who make up the bulk of
the force that has been struggling for weeks to retake the strategic city.
Quite interesting,
since last I checked Iran was the most evil, horrific existential threat to
humanity on planet earth. [we are or not against Al Qaeda? If yes Obama was right .. he has to get a
balance]
However, it appears providing aid to Iran in Iraq and losing
$500 millions in weapons to al-Qaeda in Yemen wasn’t bad enough.
America had to put a cherry on top of it all by losing military equipment from
a $750 million program, some of which ended up for sale on eBay and Craigslist.
http://www.zerohedge.com/news/2015-03-27/pentagon-loses-track-equipment-750mm-bomb-spotting-program-finds-ebay-craigslist
----
What
Deflation? The Price Of Ground Beef Has Doubled Since The Last Financial Crisis.
Submitted by Tyler Durden on 03/27/2015. Since the depths of
the last recession, the price of ground beef in the United States has doubled. Has
your paycheck doubled since then? Even though the Federal Reserve
insists that we are in a “low inflation” environment, the government’s own
numbers show that the price of ground beef has been on an unprecedented run
over the past six years...
----
Why
There Is No Wage Growth In America. Submitted by Tyler
Durden on 03/27/2015. Over the past 2 years the Obama administration has
been desperate to boost minimum wages, usually over tedious bickering with
republicans and corporations who have resisted such an increase, with neither
party realizing that such a measure would not do much to actually boost
aggregate spending. Instead, what Obama should have been focusing on was
to limit the maximum number of hours worked per week, because as the following
chart shows, the reason why weekly pay is rising and aggregate earnings is not
due to an increase in hourly wages but because Americans are simply working
longer hours every week: not quality but quantity.
----
Obama
Administration Bullies Allies Over Iran Nuke Deal Dissent. Submitted by
Tyler
Durden on 03/27/2015. President Obama is "blowing up our alliances
to secure a deal that paves Iran’s way to a bomb," according to
European sources close to the negotiations, and as Washington
Free Beacon reports, efforts by the Obama administration to stem
criticism of its diplomacy with Iran have included threats to nations
involved in the talks, including U.S. allies. France has borne the brunt of
Obama's wrath as one source in Europe close to the ongoing diplomacy said the
US has begun to adopt a “harsh” stance toward its allies in Paris because "the
clarifications expose just how weak the Americans’ deal is shaping up to
be."
----
Central
Banks Are Paralyzed At The Zero Bound. Submitted by Tyler Durden on 03/27/2015. If normalisation
is the result of economic recovery we will be familiar with the playbook. However,
The Fed has to face the possibility that, for whatever reason, highly
suppressed interest rates are not working, and an escape from the zero interest
rate bound without economic recovery may have to be contemplated. If interest
rates cannot rise, then the dollar itself is ultimately exposed to loss of
confidence in the foreign exchanges. The dawning realisation that after
recent strength, the dollar is vulnerable after all can be expected to be
reflected in a positive sentiment towards gold, which once under way could
drive the price up dramatically due to the lack of available bullion.
----
Yemen
"Gulf Intervention" Premium Erased, WTI Tumbles Back Below $49. Submitted by Tyler
Durden on 03/27/2015. Well that was a quick geopolitical event. On
the heels of what was set to be Crude's best week since July 2013, Stratfor
clarifying little risk of disruption to crude supplies, Goldman
confirming neglible impact from Yemen and more to Iran, and reports from
Saudi Arabia that "this [Yemen] operation will not go on for long, I think
it will be days," WTI crude has tumbled back to the $48 handle and
erased all the "gulf intervention" premium - refocusing on
domestic storage concerns.
----
Stockman:
"The Bottom's Not In", Why This Market Is Dumber Than A Mule.
Submitted by Tyler Durden on 03/27/2015. "This
market is dumber than a mule, and the nation’s central bank and its
counterparts around the world have made it so."
----
Syria
"Welcomes" Larger Russia Presence. Submitted by Tyler
Durden on 03/27/2015. Following
Vladimir Putin's
demands for an "immediate cessation of military activities" in
Yemen, AFP
reports Syrian President Bashar al-Assad's comment during a recent
interview that "with complete confidence that we welcome any
widening of the Russian presence in the eastern Mediterranean and on Syrian
coasts and ports," including the port of Tartus. Amid the
Western-backed opposition National Coalition's planned boycott of talks, Assad
pointedly remarked, "the negotiating parties must be independent and
must reflect what the Syrian people want... people would not accept that their
future, their fate, or their rules are decided from outside."
----
Greek
Deputy FinMin Confirms Athens Is "Prepared For Rift" With Europe.
Submitted by Tyler Durden on 03/27/2015. Greek government
was "always prepared for a rift" with its European creditors - "If
you don't entertain the possibility of a rift in the back of your mind then
obviously the creditors will pass the same measures as they did with the
previous [government]," (which perhaps explains why default risks are
soaring back to post-crisis highs).
----
Will
Cash Always Be Trash, Or Will It One Day Be King?. by
Charles Hugh-Smith of OfTwoMinds blog,
Submitted by Tyler Durden on 03/27/2015. When the phantom
wealth evaporates and risk assets go bidless, cash will once again be king,
for the simple reason there will be so little of it.
“Those who avoided debt and
risky assets since 2009 have seen their cash lose value when adjusted for
inflation, while those who borrowed to the hilt and bought risk-on
assets such as stocks, junk bonds and high-end housing have skimmed monumental
gains for doing what the central banks incentivized: borrowing money and buying
speculative risk-on assets”.
----
Oil
Slides As Inventories Trump Iran-Yemen Push-Pull. Submitted by Tyler
Durden on 03/27/2015. Crude oil prices have rallied sharply this week on
headlines that a coalition of Sunni-ruled nations initiated airstrikes on Yemen
against Shiite Houthi rebels. Goldman's Damian Courvalin notes that this rally
reversed the sell-off that occurred in part on the rising odds of a deal with
Iran being reached. Courvalin expects both events to have negligible
near-term supply impacts, with the build in crude inventories set to continue
in 2Q15. Longer term, a deal with Iran could lead to greater OPEC
supplies although the timing of the sanction relief remains uncertain. It
appears today's weakness indicates a dawning realization that there's still too
much...
----
Will
Greece Call A Referendum On Euro Membership?. Submitted by Tyler
Durden on 03/27/2015. "One of the potential options Syriza might
eventually consider could be a popular referendum on Eurozone membership –
a step that would obviously involve great risks and uncertainties," UBS
says, as Athens stares down a tough month ahead and an even tougher June and
July.
----
It's Official: Americans Spent All Their "Gas Savings" On Obamacare. Submitted by Tyler Durden on 03/27/2015. We have solved the mystery of why US households did not spend all those billions in "dropping gas price" windfalls - the answer is that they did spend all this money. On Obamacare.
[ If so, he did something very good .. the other thing .. house
prices & related , is speculation & crook business of big corporations
.. they have to be charged .. Even though, what Obama did was good but insufficient ..
there are many brand medicine and related products, that cannot go to “generic”
.. it means, poor people cannot get them because the “brand” product is very
expensive .. that is a protection to the business of big pharma .. those who
pay Obama candidacy .. one of the trap of all Presidents ]
----
"Serious
Depressive Episode" May Have Driven Germanwings Pilot To "Criminal,
Mad, Suicidal" Action, Prosecutors Allege. Submitted by Tyler
Durden on 03/27/2015
[Here one more argument in favor of “blame the death” .. I’m
still suspecting that Germany is manufacturing the laser cannon that has to be “prove”
bad miss the target .. it still don’t work under cloudy, nebulous or rainy day]
----
Final
Q4 GDP Unchanged At 2.2%, Below Expectations; Corporate Profits Tumble.
Submitted by Tyler Durden on 03/27/2015. So much for the
"self-sustaining", "escape-velocity" recovery. Again. After
rising at an annualized pace of 4.6% and 5.0% in Q2 and Q3, the final Q4 GDP
estimate (a number which will still be revised at least 3-4 times in the coming
years), slid more than half to 2.2%, the same as the second estimate from a
month ago, and below the consensus Wall Street estimate of 2.4%.
[Those who believe that QEs inject new life to an agonizing
body, did not pass the test .. QEs only prolong the half-death life of a system
, it does not create a new system .. Neoliberalism start dying since its inception, at the end of
the 1980s, after the Washington Consensus. ..At economic level, it did not passed the Russian test when Yelsin
came to power .. the billions of USD invested
to capture this system failed. Such money made a quick stop in Russia
and came back to NY banks .. that was the evidence that vulture capital came to
life, not a new system, just the “buitre” bankers .. and all those who
speculate with sovereign debt, became the rulers of the world. .. Quize
resucitarlo, “pero el cadaver .. hay.. siguio muriendo” dijo el
poeta Cesar Vallejo. El cadáver al que refirió el poeta era un monstruo que se
apodero del alma del ser viviente. En nuestro
caso, el monstruo neoliberal, the dark side of creative capitalism:
neoliberalism, came to life .. This monster is afraid of Russia and China ..
not because they are communists .. because they mixed capitalism with socialism
.. as FDR proposed in 1936 in the US .. and Juan Velasco in Peru at the
end of 1960 or Tito in Yugoslavia at the
same time, they both were decapitated via “coup d’état” by the neoliberal
monster and their servants in the US.. This time, it will be difficult to kill
the rulers of Russia and China .. SOEs are stronger than Western big
corporations at economic level and have the same military potential to destroy
Western capitalism .. This is the current context we are in, and that is the Thesis
that I develop in “Lo Inconcluso”, a book that I plan to publish this year ..
if I get the money; if don’t I will publish it as free book via internet]
----
Turkey
Devolves Into A Full Police State: Law Grants Unlimited Powers To Weaponized
Police Force. Submitted
by Tyler
Durden on
03/27/2015. While a source of much schadenfreude by its neighbors and
casual onlookers, Turkey has become a glaring example of what happens to a
formerly respectable nation as it devolves entirely into a banana republic with
not only authoritarian overtones but a police state to boot. And earlier today,
Turkey's conversion to a full blown police state was complete when, after weeks
of heated debates and brawls in parliament, Turkey’s government passed a
security package expanding police powers, along with an online surveillance law
and a discretionary fund for President Recep Tayyip Erdogan to fund covert
operations.
[ Muchas promesas
incumplidas no sirven para crear nuevos caminos al andar .. no sirven para avanzar
o evolucionar .. sino para lo inverso .. para traicionar y re-caminar lo ya
pisado.. le ocurrio a Erdogan y le ocurre a Obama .. Pero no es tarde, aún están
en el poder y pueden cambiar la hoja de ruta .. ocurrió ayer con el Inca felón Tupac
Amaru quien luego se rectificó y unió a la insurrección que lidero su mujer ..
la que estaba más en contacto con el sufrir de su pueblo: Micaela Bastidas .. ocurrió
en otras partes también y puede volver a
ocurrir hoy. ]
----
Submitted by Tyler
Durden on 03/27/2015 - 07:35
- Google's new CFO to make $70 million (WSJ)
- Senate passes Republican budget with deep safety net cuts (Reuters)
- With Yemen strikes, Saudis show growing independence from U.S. (Reuters)
- Banks Slash Dividends as Loans Sour From Beijing To Pearl River (BBG)
- North American Railroads Caught by Speed of Crude-Oil Collapse (BBG)
- Japan’s Zero Inflation a Setback for Abenomics (WSJ)
- Cooperman Says U.S. Seeks Information About Omega Trades (BBG)
----
PRESSTV
Fitch
lowers Greece’s credit rating. Sat Mar 28, 2015 Fitch Ratings
downgrades Greece’s credit rating amid worries that the country risks default.
----
Battle
for Iraq’s Tikrit continues . Sat Mar 28, 2015 Iraqi military troops
backed by volunteer forces continue to push ISIL Takfiri terrorists out of the
northern city of Tikrit.
----
Civilians
bear brunt of Saudi invasion. Sat Mar 28, 2015 A Press TV report says
civilians are the main victims of the Saudi invasion of Yemen.
----
‘Obama
leaving Israel in favor of Iran’ [THAT WOULD BE A GOOD NEWS,
but it is not what happens. Obama simply do not talk with the intruder
Netanyahu his decisions on Iran .. just to prevent that the intruder get inside
the war between Saudis and Iran .. if they do it, the escalation of war will be
difficult to stop it.. and Israel will be left in their own .. On the other
hand, American people is fed up with
Israel intrusion in US foreign politics and with their abuse and war crimes
against Palestine .. that explain the why of boycott to Israel business .. This
has nothing to do with the government .. this boycott also happens in several
countries in Latin America .. it is a rejection of Netanyahu policies in the
ME.. If Israelis love him .. they have to enjoy his inferno .. The demand of
punishing American people for exercising their democratic right is illegal .. “US lawmakers try to stop Israel boycott Two US
lawmakers introduce legislation to punish contractors with the US government
that participate in any boycotts against Israel” that won’t stop people
boycotts. That will put legislators like Bob Corker under the spot light.. they
are pay to defend American interest not Netanyahu’ war mongerism]
----
'Fighter
jet downed near Yemen’s Sana’a'. Fri Mar 27, 2015 Yemeni resistance forces down a fighter jet in the Bani
Ziad region, north of Yemen’s capital city of Sana'a.
----
Hezbollah
raps Saudi invasion of Yemen. Fri
Mar 27, 2015 Hezbollah chief Seyyed Hassan Nasrallah slams Saudi Arabia’s
attacks on Yemen.
----
‘If
Iran talks fail, outcome would be war’. Fri Mar 27, 2015 Mark Dankof says the outcome of failure of Iran
nuclear talks would be an “evil and unconstitutional war.” [1st and foremost it won’t be the failure of Iran.
They signed the NPT and they allowed the international check their peaceful
uses N energy, it is Israel that did not sign it and did not allowed to check
of dimona and other sites containing more than 100 nuclear weapons. 2nd, Israel is doing everything
possible to undermine and sabotage the negotiations in favor of peace in the ME.
The Journal has quoted US officials as saying that the spying operation was
part of Netanyahu’s policy. They say Netanyahu attempted to undercut support
for a deal by sharing the information with US neocon senators. 3rd, Israel is planning his war of
aggression against Iran and Syria in the hope of plundering their oil. To
assure the success of such aim Israel need Iran be disarmed an unable to respond
their attack. They also need the American bless his plundering. They know that Iran
is part of the Russian-China block and they may respond. So, Israel do not care
if their war with Iran evolve into WW3. Netanyahu has decided to put at risk the whole
world peace and security to accomplish such objective. The world will not tolerate such act !! ]
----
US
desperately wants to control Mideast. Fri Mar 27, 2015 The US has “systematically targeted” any country in
the Middle East that opposes its hegemony and is desperately trying to control
the area, says an activist.
----
Iran,
China nuclear negotiators meet.
Fri Mar 27, 2015 Negotiators from Iran and China hold talks about Tehran’s
nuclear program in the Swiss city of Lausanne.
----
Yemen
on verge of ‘humanitarian crisis’. Fri Mar 27, 2015 UNICEF warns of a humanitarian crisis in Yemen within
months.
----
‘Algeria
not to join attacks on Yemen’. Fri
Mar 27, 2015 The Algerian foreign minister says his country will not
participate in Riyadh’s military invasion of Yemen.
----
What will happen next in Yemen?. Fri Mar 27, 2015 In this edition of Comment, we ask: What will happen next in Yemen?
[Yesterday the Sunnis in the Arab League announced the
creation of a regional military force .. of course at the beginning they will
try to put down regimes under target by US-NATO sponsors .. and they may coordinate
efforts with the Al Qaeda, Al Nustra and the ultra radicals inside the
mercenary forces of ISIL .. the latter are the ones that Saudis are afraid of
.. they may succeed temporarily but there are memories of the atrocities
committed by the US in Iraq, Afghanistan.. and BY ISRAEL AGAINST THE MUSLIMS IN
PALESTINE, IN LEBANON AND OTHER SITES .. those memories exist and/or be easy to
be refreshed at will by the factions in
the battle field .. it is difficult to forget what happens in Faluya .. we already
saw the death of Americans inside Libya and other places .. Once the Arabs get
the arms and ammunitions .. they will control their own resources and their own
agendas for war too .. they won’t be controlled by the masters of US-NATO and
Israel .. The experiment in Yemen will be another shoot in their feet .. Meanwhile the current war is profiting the
arms producers and traders .. and the oil prices will benefit to those who they
believe are their enemies now. .. Today
enemies will be our allies & in reverse .. that is what will happen soon or
in the midterm]
----
‘Saudis
to face humiliation in Yemen’ . Fri Mar 27, 2015 An academic says there
is no doubt that the Saudis will ultimately face humiliation after committing
crimes against Yemenis.
----
Saudi
raids kill 39 civilians in Yemen. Fri Mar 27, 2015 Yemeni officials say
at least 39 civilians are killed in Saudi airstrikes against the Arab country.
----
‘US,
allies not after ISIL extinction’ . Fri Mar 27, 2015 Syria says the
so-called US-led aerial campaign against ISIL is not aimed at eradicating the
group.
----
'KSA
invasion aims to terrorize Yemenis'. Fri Mar 27, 2015 An analyst says
the Saudi invasion of Yemen is aimed at terrorizing the Yemeni population.
----
1000s
of Indians to be taken out of Yemen. Fri Mar 27, 2015 As violence rages
on in Yemen, India is to take thousands of its nationals out of the Arab
country.
----
US
jets in war games near Russia. Fri Mar 27, 2015 Four US A-10
Thunderbolt II attack planes have been participating in war games in Poland.
----
‘Pakistan
not to join Saudi-led alliance’ Fri Mar 27, 2015 Pakistan says it will
not join the Saudi-led coalition against Yemen.
----
Yemen
war will end $45 oil price: Paul. Fri Mar 27, 2015 Ron Paul says the
Saudi-led airstrikes against Yemen with the help of the Obama administration
will result in the higher prices of oil.
----
‘Riyadh
against independent Yemen’. Fri Mar 27, 2015 Ali al-Ahmed says the
government in Riyadh seeks to destroy the Yemeni drive for independence from
the Saudi hegemony.
----
Growing
lobbyist force in US. Fri Mar 27, 2015 On this edition of the Economic
Divide, we discuss the lobbying system in the United States.
----
‘Israel
to pursue expansionist agenda'. Fri Mar 27, 2015 An analyst says the
US, Israel and its Zionist allies will continue their expansionist agenda
across the occupied Palestinian lands.
----
McCain:
Yemen conflict will escalate [he wished, we
deplored] Fri Mar 27, 2015 US Senator John McCain has applauded the
offensive launched by Saudi Arabia and its allies against Yemen.
----
Saudi-led
warplanes attack Sa’ada market. Fri Mar 27, 2015 Saudi-led warplanes
attack a popular market in the northwestern Yemeni city of Sa’ada, killing or
injuring at least 15 people, reports say.
----
INFORMATION CLEARING HOUSE
Yemen: Now State Terrorists Can Join US
Bombing Coalitions?
By Finian Cunningham
Washington is openly bombing a country with the help of a state that is officially a terrorist enemy. Duplicity reigns supreme.
By Finian Cunningham
Washington is openly bombing a country with the help of a state that is officially a terrorist enemy. Duplicity reigns supreme.
----
Invading Yemen: Criminality in Support of
Hegemony
By Ajamu Baraka
The intervention by the Saudi’s and the GCC continues the international lawlessness that the U.S. precipitated with its War on Terror over the last decade and a half.
By Ajamu Baraka
The intervention by the Saudi’s and the GCC continues the international lawlessness that the U.S. precipitated with its War on Terror over the last decade and a half.
----
US-Saudi
Blitz in Yemen: Naked Aggression, Absolute Desperation
By Tony Cartalucci
the conflict in Yemen is a proxy war. Not between Iran and Saudi Arabia per say, but between Iran and the United States, with the United States electing Saudi Arabia as its unfortunate stand-in.
By Tony Cartalucci
the conflict in Yemen is a proxy war. Not between Iran and Saudi Arabia per say, but between Iran and the United States, with the United States electing Saudi Arabia as its unfortunate stand-in.
----
The Money
Trail. How the US Fostered Yemen's Separatist Movement
By Sputnik
In the south, a separatist movement calling for a "State of South Arabia" is emerging. Fostered by the US, it will leave the Houthis with two hostile states at their borders and locked access to the sea, if it succeeds.
By Sputnik
In the south, a separatist movement calling for a "State of South Arabia" is emerging. Fostered by the US, it will leave the Houthis with two hostile states at their borders and locked access to the sea, if it succeeds.
----
Another
Week, Another War. The Iron Logic of America's Middle East Madness
By Chris Floyd
Another week, another war. And yet another American alliance with the forces of Islamic extremism.
By Chris Floyd
Another week, another war. And yet another American alliance with the forces of Islamic extremism.
----
Sanctions
and the Fate of the Nuclear Talks
By Gareth Porter
Iran will never be free of the pressure from the United States exerted through pressure on foreign businesses and banks until the sanctions laws themselves are terminated.
By Gareth Porter
Iran will never be free of the pressure from the United States exerted through pressure on foreign businesses and banks until the sanctions laws themselves are terminated.
----
Neocons:
the Echo of German Fascism
By Todd E. Pierce
The Republican Party is on a roll, having won two major elections in a row. The first was winning control of the U.S. Congress last fall. The second is the victory by the Republicans’ de facto party leader Benjamin Netanyahu in Israel’s recent election. ALSO CHECK: John Bolton’s call for war on Iran. By Bill Van Auken
By Todd E. Pierce
The Republican Party is on a roll, having won two major elections in a row. The first was winning control of the U.S. Congress last fall. The second is the victory by the Republicans’ de facto party leader Benjamin Netanyahu in Israel’s recent election. ALSO CHECK: John Bolton’s call for war on Iran. By Bill Van Auken
----
Noam
Chomsky on Institutional Stupidity
By Noam Chomsky
A corporation is a tyranny. It’s the purest example of a tyranny you can imagine.
By Noam Chomsky
A corporation is a tyranny. It’s the purest example of a tyranny you can imagine.
----
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