APR 28 SIT EC y POL
ZERO HEDGE
THE
BALTIMORE RIOTS: The Stunning Comments By Orioles Owner's Son. Submitted
by Tyler Durden on 04/28/2015 "...my greater source of personal
concern, outrage... is focused upon an American political elite that have
shipped middle class and working class jobs away from Baltimore and cities and
towns around the US..., plunged tens of millions of good hard-working
Americans into economic devastation, and followed that action around by diminishing
every American’s civil rights protections in order to control an unfairly
impoverished population living under an ever-declining standard of living
and suffering at the butt end of an ever-more militarized and aggressive
surveillance state."
UPDATES: Baltimore
"Purge" Continues: National Guard Presence Clamps Down On Protesters
Ignoring Curfew Warnings - Live Feed. Submitted by Tyler
Durden on 04/28/2015; and: West
Baltimore In Ashes: A Night Of Violence And Looting In Photos. Submitted
by Tyler Durden on 04/28/2015
[ ON CAUSES: here a totally different approach to the
official one set by Obama : Obama
blames 'thugs' for US riots “President Obama has blamed "criminals
and thugs" for the violence that erupted in Baltimore in response to the
death of Freddie Gray”. To Leon Neyfakh, That uprising, which cost six people their lives, injured
700, and destroyed about 1,000 small businesses, has its roots in the
assassination of Martin Luther King Jr. Not unlike the chaos we’ve seen Monday
night, it began as a peaceful demonstration, and grew into something much more
dangerous on the night of Saturday, April 6th, after a few fires were set, some
windows were broken, and an 11 p.m. curfew was instituted by the mayor. ( Check
: The Riots of ’68. What the
violence in the wake of the King assassination can, and can’t, teach us about
Baltimore today. By Leon Neyfakh). http://www.slate.com/articles/news_and_politics/crime/2015/04/_1968_baltimore_do_the_riots_after_martin_luther_king_jr_s_assassination.html
To Huffingtonpost.com the cause has to do more with the failure current socio-economic neoliberal policies. “ The violence erupted
in the city on Monday after days of largely peaceful protests over the death of
Freddie Gray, a 25-year-old black man who recently died of injuries he
sustained while in police custody. But Gray's death was just the latest point
on a timeline of racial inequity and human indignity. The socio-economic
history of this area explain the rest: Between 1970 and 1980, the city's
population dropped from 906,000 to 787,000. By 2010, Census data
showed there were just 620,961 residents in Baltimore.
As factory jobs
moved overseas, most of the opportunities for employment that replaced them did not
pay very well. A 2012 Brookings study found that jobs in low-paying industries
like food service grew by more than 60 percent in Baltimore from 1980 to 2007.
Meanwhile, jobs in high-wage industries increased by only 10 percent. For many young people, the drug trade offered
much more lucrative possibilities than the weak local economy.
Compounding all
these issues has been the subprime crisis of the past several years. Predatory
lenders allegedly targeted black communities in Baltimore, steering people
into untenable, high-interest mortgages that would eventually wipe out their
wealth and leave the city riddled with foreclosed and vacant homes.
A damaged economy,
high levels of crime, little opportunity to achieve something better: That's
the context Freddie Gray lived in his whole life. In Sandtown-Winchester, the
Baltimore neighborhood where Gray grew up, the unemployment rate is about twice
as high as the city average, according to a Baltimore City Health Department
report cited by Slate. Nearly one-third of the neighborhood's
families live in poverty, and more than half its households earn less than
$25,000 a year. In addition to all this, residents of the neighborhood must
contend with disproportionate levels of deadly violence. And civilian violence
isn't the only kind rendering these streets unsafe. Between 2011 and September
2014, the city of Baltimore shelled out $5.7 million to cover police brutality
lawsuits, according to a Baltimore
Sun investigation. PEACE? Pierre Thomas, 37, a protester who told NPR this week that calls for "peace"
only come when the powerful feel threatened. "Peace?" Thomas went on.
"It's too late for peace.". See
below for more statistics about race, crime and the economy in Baltimore. OPEN the art By Simon McCormack: “What's Happening In Baltimore Didn't Just Start With
Freddie Gray” http://www.huffingtonpost.com/2015/04/28/freddie-gray-baltimore-history_n_7161962.html
]]
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Turning
America Into A Battlefield: A Blueprint For Locking Down The Nation. Submitted
by Tyler Durden on 04/28/2015. Seven years ago,
the U.S.
Army War College issued a report calling on the military to be prepared
should they need to put down civil unrest within the country. Summarizing
the report, investigative journalist Chris Hedges declared, “The military
must be prepared, the document warned, for a ‘violent,
strategic dislocation inside the United States,’ which could be
provoked by ‘unforeseen economic collapse,’ ‘purposeful domestic resistance,’
‘pervasive public health emergencies’ or ‘loss of functioning political and
legal order.’ The ‘widespread civil violence,’ the document said, ‘would force
the defense establishment to reorient priorities in extremis to defend basic
domestic order and human security.’” At what point will all of the
government’s carefully drawn plans for dealing with civil unrest, “homegrown”
terrorism and targeting pre-crime become a unified blueprint for locking
down the nation?
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Goldman
Paid Bill Clinton $200K Before Lobbying Hillary On Export-Import Bank. Submitted
by Tyler Durden on 04/28/2015. As IBTimes
reports, Goldman Sachs paid Bill Clinton $200,000 for a speech just before
lobbying the State Department (then run by Hillary Clinton) on legislation
involving the Export-Import Bank, which was set to provide the financing for
the purchase of millions in aircraft from a company partially owned by the Wall
Street bank.
Related: Clinton
Transparency Explained (In 1 Cartoon). Submitted by Tyler
Durden on 04/28/2015 Presented with no comment...
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2
Choices: Legislation Redestribuing Wealth Or Revolution Distributing Poverty.
Submitted by Tyler Durden on 04/28/2015. When hope becomes
crushed by the system, all you’re left with is fear and anger. That’s what
we’re seeing in Baltimore. Everybody has a breaking point. And more and more
people are starting to reach theirs. This isn’t just about racism. We’ve
been force-fed a toxic monetary system that has destroyed any hope of upward
mobility and long-term security.
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How
Will Greece Default? Let Us Count The Ways. Submitted by Tyler
Durden on 04/28/2015, What was once anathema has become conventional
wisdom, and lately the only question when discussing the fate of Greece is not if
but when it will default. Actually, there is another
question: how? Because as the following UBS flow chart shows,
when it comes to the matter of picking an obligation on which to not make
a payment, Greece has a truly 5 star menu selection.... OPEN: http://www.zerohedge.com/news/2015-04-28/how-will-greece-default-let-us-count-ways
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Cyber-Attacks
Are The New Cold War. Submitted by Tyler
Durden on 04/28/2015. Warfare today (and in the future) is (and will be)
fought differently. In the 1950’s with the creation of more
destructive bombs and weaponry, the idea was ‘Mutually Assured Destruction’ (MAD).
The movie War Games helped us learn that there are no winners. The
warfare ideology today is ‘Multilateral Unconstrained Disruption’ (MUD).
This unrestrictive warfare is meant to disrupt societal functioning; to
‘poison’ information to elevate distrust of all computer information. Cyber-activity
is the new ‘cold war’.
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Why
Markets Are Manic - The Fed Is Addicted To The "Easy Button".
Submitted by Tyler Durden on 04/28/2015. Honest price
discovery is essential to capitalist prosperity since it is the miraculous
mechanism by which capital is raised from savers and investors and efficiently
allocated among producers, entrepreneurs and genuine market-rate borrowers.
What the central banks have generated, instead, is a casino that is blindly
impelled to churn the secondary capital markets and inflate the price of existing
assets to higher and higher levels - until they ultimately roll-over under
their own weight. The Easy Button addiction of our central bankers is thus
not just another large public policy problem. It is the very economic and
social scourge of our times.
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How
BofA's Depositors Funded The Bank's "Fugazi P&L". Submitted
by Tyler Durden on 04/28/2015. When
we first exposed in February how yet another bank - Bank of America - has
been quietly preserving the post Glass-Steagall world in which cash depositing
taxpayers are on the hook for a bank's stupidity, some shrugged it off and
looked to stress test to solve all the problems. However, it appears - for once
- the SEC is not willing to just ignore the bank's actions. Just as JPMorgan's
CIO Office, aka the London Whale, took advantage of fungible, taxpayer-insured
funding in the form of excess US deposits over loans, to corner the US credit
market (in what was clearly a directional prop trade); so,
as WSJ reports, The SEC is investigating whether BofA broke rules
designed to safeguard client accounts, potentially putting retail-brokerage
funds at risk in order to generate more profits using large complex trades.
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For-Profit
College Closures: The Next Billion Dollar Taxpayer Bailout?. Submitted
by Tyler Durden on 04/28/2015. The sudden closure
of Corinthian Colleges' remaining campuses has displaced some 16,000 students. If
all of their student debt is canceled — which is possible — it will cost
taxpayers more than $200 million. With the government cracking down on the
for-profit education space and with nearly 90% of students at for profit-colleges
dependent on loans, the demise of the for-profit model could end up costing
taxpayers quite a pretty penny.
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DEATH
OF THE MIDDLE CLASS: Homeownership Rate Drops To 29 Year Low As Average Rent
Hits Record High Submitted by Tyler
Durden on 04/28/2015. Earlier today the US Census released its latest
quarterly data, which confirmed that for what is left of America's middle
class, owning a home has become virtually impossible, with the homeownership
rate tumbling from 64.0% to 63.7%, which is tied for the lowest historic print
since the first quarter of 1986, with the only difference that then the
trendline was higher. Now, as can be seen on the chart below, it isn't. At this
rate, by the end of the 2015 and certainly by the end of Obama's second term,
the US homeownership rate will drop to the lowest in modern US history.
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THE LATEST STORY-TELL FOR IDIOTS: Nobel
Peace Prize-Winning President & Pacifist-Nation Japan PM Explain New
Military Assertiveness - Live Feed. Submitted by Tyler
Durden on 04/28/2015. President Obama and Japanese PM Shinzo Abe are set to
explain how great the TPP is and how
the renewed military assertiveness is 'peaceful'...
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GOVERNMENT
WATCHDOG CALLS THE CLINTON FOUNDATION "A SLUSH FUND". Submitted
by Tyler Durden on 04/28/2015. "The Clinton
Foundation’s finances are so messy that the nation’s most influential
charity watchdog put it on its “watch list” of problematic nonprofits last
month... It seems like the Clinton Foundation operates as a slush
fund for the Clintons." [slush:
snow that is partly melted]
The hits keep on coming. Just last week, in the post, More
Clinton Foundation Cronyism – The Deal to Sell Uranium Interests to Russia
While Hillary was Secretary of State, I referred to the Clinton Foundation
as “a veritable clearinghouse for cronyism masquerading as a charity.”
Here’s the full opening paragraph to the piece:
If you looked at the U.S.
economy under a microscope, what you’d see is a gigantic cancerous blob of
cronyism surrounded by tech startups and huge prisons. If you zeroed in on
the cancerous tumor, at the nucleus you’d see a network of crony institutions
like the Federal Reserve, intelligence agencies, TBTF Wall Street banks and
defense contractors. Pretty close to that, you’d probably find the Clinton
Foundation. A veritable clearinghouse for cronyism masquerading as a charity.
OPEN: http://www.zerohedge.com/news/2015-04-28/government-watchdog-calls-clinton-foundation-slush-fund
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Iran
Forces Open Fire On, Seize "Trespassing"US Cargo Ship With 34 People
On Board, Arabiya Reports. Submitted by Tyler
Durden on 04/28/2015
Update 2: Curiously,
while we were confident Iran would deny the report first, it was in fact the
US: US NAVY DENIES CONFRONTATION WITH IRANIAN
MILITARY: CNBC
Update: WHITE HOUSE REFERS COMMENT ON IRAN
SHIP CAPTURE TO DEFENSE DEPT
Moments ago according to Saudi-owned
Arabiya news, Iranian forces have seized a US cargo ship, which has some
34 American sailors, which they have taken to the port of Bandar Abbas. Iran's
Farsnews confirms the Arabiya report, stating that "a US cargo ship with
34 crew was stopped and seized by Iranian Navy warships on Tuesday. The
Iranian Navy has confiscated the American trade vessel with all its 34 crew for
trespassing on Iran's territorial waters in the Persian Gulf."
[ Via distortion and spreading lies in the West press, the Saudis tried to create bad environment
for the Iranian team now in NY ]
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Consumer
Confidence Tumbles, Misses By Most In 5 Years. Submitted by Tyler
Durden on 04/28/2015. Stunned... Despite soaring stock prices and low gas
prices, Consumer Confidence tumbled to 95.2 (against expectations of a jump to
102.2) to its lowest sicne 2014. This is the biggest miss since June
2010. We are going to need more oil price deflation and stock price
reflation (and less looting). New England and West South Central Regions saw
the biggest plunge in confidence and despite the plunge in current situation,
future expectations (aka "hope") jumped from 90 to 96.
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An
'Exhausted' Greek Citizen Speaks Out. Submitted by Tyler
Durden on 04/28/2015. "It is unbearable for Greeks to watch the
drama of the negotiations rendered (either simplistically or maliciously) as
though it were a western, in which the others are Good and Greece is both
the Bad and the Ugly. If this perception is actually reflective of the real
situation, irrespective of whether it’s being played up a bit for the sake of
the drama, then there is a very real fear that a
union which solves its differences in High Noon style is no longer a
union."
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Submitted by Tyler
Durden on 04/28/2015 - 07:42
- Maryland Governor Calls in National Guard to Control Baltimore Riots (BBG)
- Fed Seen Delaying Liftoff to September to Push Down Unemployment (BBG)
- Nepal PM says toll could rise to 10,000 (Reuters)
- China Readies Fresh Easing to Tackle Specter of Debt (WSJ)
- ‘Damned Lies’ Threaten to Overshadow U.K. GDP in Election Fight (BBG)
- Uncertainty Over Impact of a Default by Greece (NYT)
- Why the Cost of Hedging European Banks Stocks Has Soared (BBG)
- Carinthia cash crunch gives Austria its own mini-Greece (Reuters)
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Greece
€400 Million Short For Wage And Pension Payments, Rushes To Pass
Troika-Friendly Laws. Submitted by Tyler
Durden on 04/28/2015. According to
Bloomberg, the Greek government is €400 million short of the amount needed
for payment of pensions and salaries this month, citing a Kathimerini report.
Surprisingly, this takes place even as Greece’s IKA, OGA pension funds have
been informed by the government that amount needed for payment of pensions will
be deposited today, while the Greece’s OAEE pension fund has said payment of
pensions won’t be a problem. In other words, someone is not telling the truth:
either there is enough money or there isn't. And if the latter case is valid,
then either the government or the pensions are now openly lying to the
population.
====
FUTURE FAST FORWARD
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INFORMATION CLEARING HOUSE
Argentina: A Case Study of Israel’s
Zionist-Wall Street Destabilization Campaign
By James Petras
Israel’s widespread practice of recruiting Jewish citizens and officials of other countries to serve as vehicles of Israeli policies has the potential to foment a new and possibly violent backlash.
By James Petras
Israel’s widespread practice of recruiting Jewish citizens and officials of other countries to serve as vehicles of Israeli policies has the potential to foment a new and possibly violent backlash.
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Insanity Grips The Western World
By Paul Craig Roberts
Just as the Nazis proclaimed “Deutschland uber alles,” neoconservatives proclaim “America uber alles.” In September 2013 President Obama actually stood before the United Nations and declared, “I believe America is exceptional.”
By Paul Craig Roberts
Just as the Nazis proclaimed “Deutschland uber alles,” neoconservatives proclaim “America uber alles.” In September 2013 President Obama actually stood before the United Nations and declared, “I believe America is exceptional.”
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Challenging
American Exceptionalism
By Marjorie Cohn
By Marjorie Cohn
Obama, like Bush
before him, opportunistically defines the whole world as a battlefield.
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Rise of the
New Black Radicals
By Chris Hedges
A new generation of young black radicals is opting for revolution—a generation that sees through the facade of the corporate state and has rejected as sellouts Obama, Sharpton, Jackson, Dyson and others among the African-American political elite.
By Chris Hedges
A new generation of young black radicals is opting for revolution—a generation that sees through the facade of the corporate state and has rejected as sellouts Obama, Sharpton, Jackson, Dyson and others among the African-American political elite.
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GLOBAL RESEARCH
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NOTICIAS EN ESPAÑOL
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Cuba, EE.UU. La acumulación histórica y los subterfugios del
imperialismo angloestadounidense .Víctor Andrés Gómez
Rodríguez
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Un New Deal para Grecia. Yanis Varoufakis. La posición del gobierno de Syriza en el actual
momento de la negociación con el Eurogrupo
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Nuevo golpe de estado en Honduras. Ricardo Ellner
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América Latina, China y Estados Unidos. Nil Nikandrov
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PRESSTV
US
SEN. SANDERS RUNNING FOR PRESIDENT. Wed Apr 29, 2015 US Senator Bernie Sanders will announce his plans to
seek the Democratic nomination for president on Thursday.
[[ GOOD NEWS. I did not
plan to vote, but if Sen Sanders is allow to install a third choice or real
democracy in America, by leading a PEOPLE’s FRONT TO REBUILT AMERICA , I’ll
vote him. I’m sure many citizens will do the same]]
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Turkey
aids anti-Syria militants: Damascus.
Wed Apr 29, 2015 Syria accuses Turkey of having provided supporting fire
and logistical help for militants to capture Idlib and Jisr al-Shughur.
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‘Saudi
raid on Yemen endangering ME’. Wed Apr 29, 2015 Saudi Arabia’s
aggression against Yemen jeopardizes the security of the Middle East, the Iranian
parliament speaker says.
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US
rejects use of force against Iran. Wed Apr 29, 2015 The US says it was
“premature” to say whether the use of force is needed after Iran boarded a
cargo ship. [[FACT:
magnifying this incident inside the US via corporate media – the “presstitude”- was based
on Saudi lies and their money]]
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Iran
says seizure of ship a legal matter . Wed Apr 29, 2015 Iran seized a
cargo ship in the Persian Gulf because the company operating the vessel owed an
outstanding debt to an Iranian private company which it is refusing to pay, a head
of the Ports and Maritime Organization of Iran said.
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Syria
opposition to attend Geneva talks. Wed Apr 29, 2015 The Syrian National
Coalition says it will attend Geneva talks with the UN envoy to Syria. [ Geneva complicity
in US regimen change plan? ]
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US
drones ‘creating strong backlash’. Wed Apr 29, 2015 Drone attacks by
the US are targeting too many innocent civilians and "creating a backlash
against Washington."
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‘Possession
of nukes highest form of terror’, Wed Apr 29, 2015 Dean Henderson, and Lee Kaplan, investigative journalists from San
Francisco, says the possession of nuclear weapons is the highest form of
terrorism in the world.
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US
protesters defy curfew in Baltimore. Wed Apr 29, 2015 Hundreds of US
protesters are refusing to leave the streets in Baltimore and are facing off
against police officers.
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'ISIL
executed 2,100 in Syria in 10 months'. Wed Apr 29, 2015 At least 2,100
people have been executed by the ISIL Takfiri terrorist group in Syria over the
past 10 months.
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Takfiris
in proxy war for Israel, US: Iran. Wed Apr 29, 2015 Takfiri terrorist
groups are fighting a “proxy war” in the interest of the US and Israel, Iran’s
defense minister says.
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Arrests
made in NY nuclear demo. Wed Apr 29, 2015 US police forces have
arrested a number of protesters demanding nuclear arms abolition at a demo in
New York. Protesters argue that the policies of nuclear arms control adopted by
Proliferation of Nuclear Weapons (NPT) are not safeguarding the peaceful
uses of nuclear energy worldwide (case in point: Israel)
[ In my opinion IRAN should get out from the NPT until similar
checks are imposing on Israel . This bureaucrats plus the ones in IAEA –International
Atomic Energy Agency- are planning to
disarm Iran to facilitate the attack of Israel. The US-UK and the EU foreign
policy chief are involved in this nasty affair: sanctions won’t be lifted until
they get their aim. It is naïve in the part of Iranians to expect honest deal
with them inside the P5+1. The point of departure in these talking should’ve
been the removal of “economic terrorism”
against Iran, that is, the removal of
sanctions. Iran should abandon this charade of peace, if such terrorism against them is on. I disagree
with those who uses the euphemism of “good
intentions” and vague generalities to
assess an specific issue of foreign
policy correlations to see Iran on it. This
is the case of Prof. Wallerstein –a prestigious academic- who became supported of US imperialism in his latest
days of life. See the last paragraph of his article Las negociaciones y sus
enemigos. ]]
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‘EU
exit would cost UK billions’ Tue Apr 28, 2015 A new study warns that a
British exit from the European Union could cost the country billions of pounds.
[ Ojala el UK se
quede donde está, en la Union Europea, que sigan llevando allí sus puñaladas
arteras. No veo razón para aceptarlos dentro de proyecto Chino de reconstrucción
de infraestructuras económicas. Ese es un proyecto que contiene las bases de un
futuro post-neoliberal. En el BRICS no
hay espacio para ese tipo de basura blanca. El UK es el monstruo de 5 patas,
malparido en los mares del norte, que contiene la esencia perversa de lo que se
conoce como fundamentalismo neoliberal: fraudes,
saqueos, greed mal habido, capital buitre o especulacion ilicita de la deuda soberana de paises en desarrollo, mas un
tipo de arrogancia estúpida que mescla los atavíos “decentes” del pimp, con los
olores “decentes” de puterio monárquico de su historia. Esa es la apariencia y es la sangre que corre en las venas de los
bribones banqueros de Londres. UK means united kingdom .. what a laugh .. what
a scum!. Que lo reconstruyan, si pueden. Para
mi bien están donde están, en la Union Europea, allí junto a los neonazis de
Alemania conforman las dos caras de una misma moneda roída y a punto de
colapsar. Y es por esto último que las ratas británicas quieren abandonar el
barco, ese que está a punto del naufragio. De que “UK billions“ habla el
articulo si de riqueza real los Britts no tiene nada, solo papeles que tampoco pronto
valdrán nada.]
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