MAR 13 SIT EC y POL
PRESSTV
‘NATO
fans flames of Syria violence’. Sat Mar 14, 2015 A political
commentator says the current turmoil in Syria is fabricated by members of the
NATO military alliance.
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ISIL
not allowed to take Damascus: CIA . Sat Mar 14, 2015 CIA Director John
Brennan says the US cannot allow ISIL terrorists to “march into” the Syrian
capital Damascus.
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US
to provide $70mn to Syria militants. Fri Mar 13, 2015 The US will
provide millions of dollars in additional “non-lethal” aid to groups fighting
the Syrian government.
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Brazilians
hold demos to back president .Sat Mar 14, 2015 Tens of thousands of
Brazilians hold rallies to show their support for President Dilma Rousseff.
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Greece
president vows to fight poverty. Sat Mar 14, 2015 New Greek president
promises to fight poverty and joblessness in the debt-ridden country. New Greek
President Prokopis Pavlopoulos (L) and Greek Prime Minister Alexis Tsipras are
seen during the former's swearing-in ceremony in the country’s parliament in
the capital, Athens, on March 13, 2015. Pavlopoulos, who was handpicked by
Greek Prime Minister Alexis Tsipras, was elected to a five-year term in
February by a wide parliamentary majority. +INFO: Greece
PM to present anti-poverty bill
“We are probably all agreed in Europe that a 'Grexit' would
be a disaster for the Greek economy, but also for the whole eurozone,"
Pierre Moscovici was quoted as saying in
excerpts released ahead of Saturday's publication of the German weekly Der
Spiegel. Moscovici further noted
that the scenario of any country leaving the eurozone could be the
"beginning of the end" for the common currency. "If a country
leaves this union, the markets will promptly ask the question, which country is
next, and that could be the beginning of the end," the EU official said.
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US
seeking to ‘replace Russian gas’. Fri Mar 13, 2015 A political
commentator says the US is seeking to “split Europe away from Russia” in order
to send its fracked gas to the continent.
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Debate:
West's policy towards Syria. Fri Mar 13, 2015 In this edition of the
Debate, we review the West's policy towards the Syrian crisis.
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‘Greece may choose for euro exit’ , Germany says Greece could face exit from the eurozone. “I am not satisfied by the developments in the recent weeks. I don’t think we have made sufficient progress, but we will try to push in the direction of a successful conclusion of the issues we have to deal with,” Jean-Claude Juncker, EU Commission President. “I am totally excluding a failure, I don’t want a failure. I would like Europeans to go together. This is not the time for division, this is the time for coming together,” he added. Greek Finance Minister Yanis Varoufakis warned that his country’s exit from eurozone would trigger a collapse in the “house of cards.” , “Greece’s exit from the euro is not something that is part of our plans, simply because we believe it is like building a house of cards. If you take out the Greek card, the others will collapse,” +INFO: ‘EU, Athens unlikely to seal debt deal’ ; Take or reject debt offer: Greece to EU . Berlin rejects Athens bailout extension
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EU
says not pleased with Greece talks. Fri Mar 13, 2015 The EU chief says
he is not satisfied with the progress in talks over Greece’s bailout loans. +INFO: 'Greek
suicides rising over austerity' ; Greece
govt. gets Brussels warning
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US-Israeli
anti-Iran operation 'insane'. Fri Mar 13, 2015 A former high-ranking US
military general may have tried to stop a covert US-Israeli cyber attack on
Iran’s nuclear program by leaking information about the operation, says an
analyst. Retired General James E. “Hoss” Cartwright, who served as deputy chairman
of the US Joint Chiefs of Staff, has been the target of a US Justice Department
investigation into a leak of information about a highly classified operation to
hobble Iran’s nuclear enrichment capability through cyber-sabotage.
The investigation, however, has been halted over fears it
could confirm the joint US-Israeli covert operation, according to
current and former US officials, the Washington Post reported Wednesday.
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‘West
responsible for Syria crisis’. Fri Mar 13, 2015 A commentator says
Western sanctions on the Syrian government are increasing the suffering of
civilians in Syria. +INFO: ‘US
strategy in favor of Zionism’ ; US
‘has no interest’ in defeating ISIL ; ‘US
won’t eliminate ISIL’ .
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US
'underestimated' Assad power base. Fri Mar 13, 2015 The US and other
Western nations “underestimated” the solid power base of Syrian President
Bashar al-Assad, a political activist in Wisconsin says. “Whether one likes it
or not, Assad still has a very strong base of support, the Americans have no
business telling any country that its leader should step down, it’s not our
job, it’s not our place to do that,” she said. The United States and its
regional allies - especially Qatar, Saudi Arabia, and Turkey - are supporting
the [mercenaries called ]militants operating inside the country. So far over
210,000 people have reportedly died in Syria, which has been gripped by deadly
violence since March 2011.
New figures show that over 76,000 people, including
thousands of children, lost their lives in Syria in 2014. Nearly 4 million
Syrians have left their country since the beginning of the crisis, and 7.6
million civilians have been internally displaced. +INFO: US
strategy aimed at removing Assad' ; US
calls on Assad to step down ; US:
Military force needed to oust Assad ; ‘Takfiris
serve US objectives in Syria’
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‘US
pursuing insane agenda in Syria’. Fri Mar 13, 2015 An analyst says the
US and its allies are pursuing a “dangerous” and “insane” agenda in Syria. Retired
General James E. “Hoss” Cartwright, who served as deputy chairman of the US
Joint Chiefs of Staff, has been the target of a US Justice Department
investigation into a leak of information about a highly classified operation to
hobble Iran’s nuclear enrichment capability through cyber-sabotage.
The investigation, however, has been halted over fears it
could confirm the joint US-Israeli covert operation, according to current and
former US officials, the Washington Post reported Wednesday.
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Obama
'embarrassed' for Iran letter . Fri Mar 13, 2015 Obama says he is
"embarrassed" for Republican senators who signed a warning letter to
Iran’s leaders. +INFO: US
lawmakers to reintroduce Iran bans , US
says new sanctions violate Iran deal . Ron
Paul: Sanctions on Iran ‘act of war’
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US
foreign policy & GOP letter to Iran. Fri Mar 13, 2015 In this
edition of Comment, we ask: What does the Republican senators letter to Iran
says about US foreign policy? +INFO: ‘Senate
Iran bill, unwise and untimely’ . ‘Push
for bans complicates Iran talks’
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‘US,
Israel to blame for ISIL creation’. Fri Mar 13, 2015 Hezbollah official
blames the United States, Israel and some regional Arab countries for creating
ISIL. +INFO:
Israel
‘works hand in glove with ISIL’ ; Israel,
ISIL ‘natural allies’; ‘Takfiris
serve US objectives in Syria’ ; ‘US
alliance not serious in ISIL fight’
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‘Russia
against Ukraine crisis spillover’. Fri Mar 13, 2015 An analyst says
Russia is trying to minimize any possibility that tensions spill over and the
conflict in Ukraine becomes a large-scale regional war. +INFO: Russia
warns US not to arm Ukraine ; Ukraine
conflict about ‘war on Russia’ ; Ukraine
on brink of full-fledged war? ; ‘Poroshenko
has West’s blank check’
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‘US
seeks to re-colonize Mideast’. Fri Mar 13, 2015 Sara Flounders says the
US seeks to re-colonize the entire Mideast. +INFO: ‘US
seeks to prolong Mideast wars’
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Americans:
Government No.1 problem. Fri Mar 13, 2015 Americans continue to name
the government as the most important US problem, according to a new poll.
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Obama
admits police ‘oppressive’ . Fri Mar 13, 2015 Obama has acknowledged
that police have been “oppressive” in Ferguson, but said there is "no
excuse for criminal acts."
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US
admiral warns against Russia . Fri Mar 13, 2015 The US has raised alarm
about Russia’s increased military activities near its airspace.
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Netanyahu
party behind in polls. Fri Mar 13, 2015 Recent polls show that Israel's
ruling Likud party will fall behind in upcoming general elections.
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‘Cyprus
in no need of full bailout’. Fri Mar 13, 2015 Cyprus says it no longer
needs the full package of an EU loan as its economy continues its recovery.
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New
Yorkers protest Wisconsin killing . Fri Mar 13, 2015 New Yorkers take
to the streets in solidarity with Wisconsin protesters over the last week
police killing of an unarmed black teenager.
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‘China
building 2nd aircraft carrier’. Fri Mar 13, 2015 China is building a
second aircraft carrier, a media report says.
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US
govt. ‘only enemy’ of Venezuela. Fri Mar 13, 2015 The US government is
the 'only enemy' of Venezuela, says the South American country's president.
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ZERO HEDGE
One
American's Rage Spills Over: Shut Your Mouth & Start Fighting These Political
Parasites. Submitted by Tyler
Durden on 03/13/2015. "I was shocked today by the absolute gaul
of the Fed releasing
a statement about Net Worth in America reaching record levels.
Now I get that they are under extreme pressure to sell the story that
everything is rainbows and butterflies. The ugly reality is that the bottom
80% of Americans experienced none of that gain. And so when the Fed via its
ass pamper boy, Steve Liesman, start banging on about the fact that some
sliver of society is being handed extraordinary wealth while the working class
has lost 40% of their net worth since 2007, well a big F### you right
back at ya bub!...And for those of you that think I’m an ass for being so harsh
on us, well stuff it. Get up off your stool you lazy drunk, shut your
damn mouth and start fighting these political parasites like a damn man, like a
damn American."
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Spot
The Oddly Optimistic One Out. Submitted by Tyler Durden on 03/13/2015 "Exceptionally" optimistic,
"exceptionally distracted" ignorance, or "exceptionally
blind" faith?
As
Pew Research notes, Americans are also more upbeat than people in
other wealthy nations when asked how their day is going. While we ask this
question to help respondents get more comfortable with the interviewer, it
provides a glimpse into people’s moods and reveals a slightly negative
correlation between those saying the day is a good one and per capita gross
domestic product.
About four-in-ten Americans (41%) described their day as a “particularly good day,” a much higher share than those in Germany (21%), the UK (27%) and Japan (8
We can only assume that the stock market was soaring at the
time...
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The
Coming Chinese Crackup . According
to
David Shambaugh, originally posted at The Wall Street Journal, Submitted
by Tyler Durden on 03/13/2015. “The endgame of
communist rule in China has begun, and Xi Jinping’s ruthless measures are only bringing
the country closer to a breaking point...”
Let’s read this WSJ wishful thinking
:
The endgame of
Chinese communist rule has now begun, I believe, and it has progressed further
than many think. We don’t
know what the pathway from now until the end will look like, of course. It will
probably be highly unstable and unsettled. But until the system begins to
unravel in some obvious way, those inside of it will play along—thus
contributing to the facade of stability.
Communist rule in
China is unlikely to end quietly. A single event is unlikely to trigger a
peaceful implosion of the regime. Its demise is likely to be protracted, messy
and violent. I wouldn’t rule out the possibility that Mr. Xi will be deposed in
a power struggle or coup d’état. With his aggressive anticorruption campaign—a
focus of this week’s National People’s Congress—he is overplaying a weak hand
and deeply aggravating key party, state, military and commercial
constituencies.
The Chinese have a
proverb, waiying, neiruan—hard on the outside, soft on the inside. Mr.
Xi is a genuinely tough ruler. He exudes conviction and personal confidence.
But this hard personality belies a party and political system that is extremely
fragile on the inside.
Consider five telling indications of the regime’s
vulnerability and the party’s systemic weaknesses.
First, China’s
economic elites have one foot out the door, and they are ready to flee en masse
if the system really begins to crumble.
Second, since
taking office in 2012, Mr. Xi has greatly intensified the political repression
that has blanketed China since 2009. The targets include the press, social
media, film, arts and literature, religious groups, the Internet,
intellectuals, Tibetans and Uighurs, dissidents, lawyers, NGOs, university
students and textbooks.
Third, even
many regime loyalists are just going through the motions. It is hard to miss
the theater of false pretense that has permeated the Chinese body politic for the
past few years.
Fourth, the corruption that riddles the party-state and
the military also pervades Chinese society as a whole. Mr. Xi’s anticorruption campaign is more
sustained and severe than any previous one, but no campaign can eliminate the
problem.
Finally, China’s economy—for all the Western views of it as an unstoppable juggernaut—is stuck in a series of systemic traps from which there is no easy exit.
We cannot predict when Chinese communism will collapse,
but it is hard not to conclude that we are witnessing its final phase. The CCP is the world’s second-longest ruling
regime (behind only North Korea), and no party can rule forever.
[Who is going to collapse first? China is growing at 7% rate and is predicting that at the end of September this year, is the US that is going to see the definite fall of the USD .. we will see what happens then.. maybe the dumping of treasury bonds might be worse than oil dumping..]
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Speculation
In This Sector Will End "Very Badly," Canada's Warren Buffett Says Submitted by Tyler
Durden on 03/13/2015 Whether it’s subprime auto lending, Janet Yellen’s
“stretched” biotech sector, or corporate credit, bubbles abound in today’s
fragile market. Prem Watsa thinks valuations in one sector are particularly
outrageous.
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More
And More Americans Look to Protect Their Wealth Offshore Submitted by Tyler
Durden on 03/13/2015. Every time you think the US establishment can do
no more to threaten the freedom and livelihood of the very Americans who
contribute the most to the prosperity of the country, they increase the
heat in the furnace by a notch with more cheap money and debt, additional laws
and higher taxes. America, the land of the free, as it was rightfully referred
to in the past, and certainly a beautiful place in so many ways, is in the
process of destroying the very foundation it was built on.
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5
Things To Ponder: Return To Reality. There is a tremendous denial by analysts and economists
currently of the deteriorating economic underpinnings. Submitted by Tyler
Durden on 03/13/2015. http://www.zerohedge.com/news/2015-03-13/5-things-ponder-return-reality This weekend's reading list is a catch-up of
articles that I clipped into my Evernote file
between downhill runs last week:
1) Oil Prices And Misguided Retail Investors by
Goldman Sachs via ZeroHedge
Read Also: US Could Run
Out Of Oil Storage By June via
ZeroHedge
Read Also: The Real And
Troubling Reason Behind Lower Oil Prices by Rana
Foroohar via Time
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2) What Happens If The US Follows The Rest Of The
World? by
Charles Hugh Smith via OfTwoMinds Blog
Read Also: Is The Stock
Market Ready For Rate Hikes (10 Things To Know) by
Jonathan Ratner via The Financial Post
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3) GM's Stock Buyback Is Bad For America by
William Lazonic and Matt Hopkins via Harvard Business Review
Read Also: Stock Buybacks
Are Just Another Wall Street Scam by
Jeff Reeves via MarketWatch
Read Also: Buybacks
Sustain US Bull Run by
Eric Platt via Financial Times
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4) The Incredible Shrinking Alpha by
Larry Swedroe and Andrew Berkin via WealthManagement.com
Read Also: Looks Like
Smart Money Is Cutting Bait by
Jeff Cooper via Minyanville
Read Also: What A Great
Time To Be An Investor by
Meb Faber via Meb Faber Research
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5) Market Plunge Shows What Is Wrong With The
Fed by
Louis Woodhill via Real Clear Markets
Read Also: The Biggest Threat To Stocks Now Is
A Fed Rate Hike by
Matt Egan via CNN Money
Read Also: There Is No
Need For The Fed To Raise Interest Rates via
IvanHoff's Tumbler
Bonus Read: Fair Pricing,
Bubbles And Crashes by
Henri Waelbroeck via Pensions & Investments
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"Wall Street is the only
place that people ride to in a Rolls-Royce to get advice from those who take
the subway." - Warren Buffett
Have A Weekend.
====
Debt Ceiling Drama Is Back: Two Days Until US Borrowing Capacity Is Exhausted. Submitted by Tyler Durden on 03/13/2015 And so, a little over a year after the last debt ceiling melodrama, in which the US kicked the can on its maximum borrowing capacity to this Sunday, March 15, in the meantime raking up total US public debt to $18.149 trillion the soap opera with the self-imposed borrowing ceiling on America's "credit card" is back, and the US is once again faced with sad reality of its debt ceiling (now at well over 100% of America's upward revised GDP of $17.7 trillion). Tthe reason: two days from today Congress’s temporary suspension of the debt ceiling, which was approved in February 2014, ends.
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US
Attacks "Closest Ally" UK For "Constant Accommodation" With
China. Submitted by Tyler
Durden on 03/13/2015. The UK has announced it’s joining the Asian
Infrastructure Investment Bank, China’s answer to the Asian Development Bank
over which Beijing feels the US has undue influence. US wonders aloud if
"constant accommodation" is the best way to engage a "rising
power".
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Europe
Has A Modest Proposal For Greece: "Don't Pay Wages For One Or Two
Months" Submitted by Tyler
Durden on 03/13/2015. The Greek media is ablaze with just what Europe's
proposed solution to this issue may be. As Protothema
and Capital report,
the Troika proposed that Athens halt the payment of salaries and pensions
for one to two months. This, according to Europe, would promptly tackle the
problem of liquidity and find a solution to Greek problem of how to pay back
bailout loan tranches to creditors when suffering from liquidity problems.
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Submitted by Tyler
Durden on 03/13/2015 - 07:46
- Again as first reported here: Record U.S. Oil Glut May Fill Storage, Cut Prices (BBG)
- IEA sees renewed pressure on oil prices as glut worsens (Reuters)
- No EU unanimity on renewing Russia economic sanctions (Reuters)
- Tsipras says Greece doing its part in euro zone deal (Reuters)
- ECB Set to Buy Fewer Bonds as Price Gains Ease Crunch (BBG)
- These Americans Are Getting Rich Trading Derivatives Banned in the U.S. (BBG)
- U.S. 2015 profits forecast to grow 1.7 percent; oil, dollar are concerns (Reuters) - in a month this will say "decline"
- Manhunt for shooting suspects grinds on in Ferguson, Missouri (Reuters)
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4th MEDIA
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WASHINGTON BLOCK
German,
European Govs: America’s “Dangerous Propaganda”, Military Aid Harming Ukraine
Peace Process. Posted on March 13, 2015 by Robert Barsocchini
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The Fed Blew It . Posted on March
13, 2015 by Charles Hugh Smith . One
problem with this “keep interest rates low forever” strategy is that it leaves
the Fed no room to lower rates in the next recession. By keeping interest
rates at near-zero for six long years of “recovery,” the Fed is now facing a
global recession with no real policy option to lower rates.
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Recipe for Full
Military Takeover?. Posted on March 12, 2015 by Robert Barsocchini . Professor
Chalmers Johnson’s research (lectures here) suggested that trends in the US resulting from the effects
of maintaining a global empire might well lead to the takeover of the imperial
center by all-out military dictatorship led by a military
figure like, Gen. Wesley Clark, or the equally dangerous Gen. Martin Dempsey. (Johnson was not referring
to theories about Obama taking over and turning America into Nazi Germany
or Stalinist Russia.)
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REBELION
Berlín y París miran hacia el Este. ¿Estamos cerca de un Espacio
Económico Común?
Por Mahdi Darius Nazemroaya
In English: Berlin and Paris look East: How close are we
to a Common Economic Space?
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Qué es lo que la derecha propone?. Por Emir Sader
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