MAY 31 SIT EC y POL
ZERO HEDGE
"The Fed Has Been Horribly Wrong" Deutsche Bank Admits, Dares To Ask If Yellen Is Planning A Housing Market Crash. Submitted by Tyler Durden on 05/31/2015.
When the "very serious people" start to admit that
the entire house of cards was held together with nothing but bullshit and
propaganda, it may be a time to panic...
----
American
Police Are Shooting And Killing More Than 2 People Per Day In 2015. Submitted
by Tyler Durden on 05/31/2015
On Saturday we introduced readers to the “Ferguson Effect”.
The idea is that the recent spate of prosecutions and instances of social
unrest that followed a series of events involving perceived police misconduct
directed at African Americans have made police officers gun shy — literally. A
new study by The Washington Post suggests otherwise...
----
Five
Reasons Why America Is Done. Submitted by Tyler
Durden on 05/31/2015
"Until and unless we at least resolve all
five of the following, and everyone involved wears an orange jumpsuit and
has their corporate and institutional edifices closed down with the ill-gotten
gains disbursed back to their victims we are, as a
nation, DONE."
----
The
10 Most Important Themes To Watch This Summer. Submitted by Tyler
Durden on 05/31/2015.
Here are Deutsche Bank's 10 themes and "summer
issues" to keep an eye on as we leave May behind and enter June...
----
There
Is A Disturbing Anti-Freedom Trend Sweeping Across The West. Submitted
by Tyler Durden on 05/31/2015, IGNORANCE IS STRENGTH
It took 31 years,
but it appears that the origins of 1984 are finally upon us. It’s
happening all across the West at an alarming pace, and people are willing to
allow it. That’s the funny thing about freedom. True freedom means that you are
free to be an idiot. Unfortunately most people in the West are caged birds. It
might be a nice cage with plenty of Starbucks and Bed, Bath, and Beyond
megastores. But it’s a cage... filled with clueless birds chirping away about
how free they are.
----
When money and investing is no longer rewarded by business acumen
and prowess - rather it’s “Here’s a boatload of cheap money. Throw as much
as you can, as fast as you can, at as many as you can, and see what, if any
sticks” - that is when you should be looking for where the lifeboats are
hanging. Rather, than hanging around on the poop-deck waiting to see if
it’s all about to hit a fan. We guess we’re just back to the old turn a blind
eye to anything historical. Remember “It’s different this time.” Nothing to see
here, move along, don’t fret, no need for concern. Just remember and repeat
three times every time there’s reason for concern when the market drops 200 or
300 points out of the blue only to recover all if not more the next day... “The
Fed’s got your back, the Fed’s got your back, The……”
----
This
Is How Little It Cost Goldman To Bribe America's Senators To Fast Track Obama's
TPP Bill. Submitted by Tyler
Durden on 05/31/2015
It took a paltry $1.15 million in bribes to get everyone in
the Senate on the same page. And the biggest shocker: with a total of $195,550
in "donations", or more than double the second largest donor UPS, was
none other than Goldman Sachs.
----
How
The US Indirectly Armed ISIS With Over 2,300 Humvees. Submitted
by Tyler Durden on 05/31/2015
Curious how and why the US is "boosting" US
GDP by selling over $4 billion worth of weapons to Israel, Iran and Saudi
Arabia, ostensibly to provide these countries with protection against ISIS
(the same ISIS, incidentally, which a leaked
document last week admitted had been effectively created by the US)?
Simple: by first "losing" a billion dollars worth of Humvees so that,
drumroll, ISIS can be the best-armed "terrorist" force in the middle
east, a force whose mere presence will demand billions in subsequent military
orders from the US military-industrial complex by all those who are threatened
by ISIS.
----
How
Much More Extreme Can Markets Get?. Submitted by Tyler
Durden on 05/31/2015
These charts help us understand that a top is not just price, but
a reversal in extremes of margin debt, valuation and sentiment. Many
observers have an unyielding faith that central banks will never let markets
decline ever again. There are four flaws in this blind faith...
----
And
Now The Bull's Turn: Jeremy Siegel Explains "No Way There Is A Bubble, No
Signs Of Recession". Submitted by Tyler
Durden on 05/31/2015
Having detailed the less status-quo-sustaining side of things,
thanks to some
frankness from Nobel Prize winner Robert Shiller, who warned "unlike
1929, this time everything - Stocks, Bonds and Housing - is overvalued,"
we thought it only fair-and-balanced to illustrate the alternative perspective
and who better than Jeremy Siegel to deliver it. In his anti-thesis of
Shiller's facts, Siegel unleashes textbook dogma to pronounce, "in
no way do current levels quality as a bubble", that stock
returns should remain supported by fundamentals, there is no sign of a
recession in the next 18 months, The Dow's fair-value currently is 20,000,
and "not much" could dissuade him from holding stocks.
----
Defiant
Tsipras Warns European Leaders They Are "Making A Grave Mistake". Submitted
by Tyler Durden on 05/31/2015
On Sunday, PM Alexis Tsipras penned a lengthy statement expressing
his frustration at creditors’ insistence on presenting what he calls “absurd
proposals” even as the Greek delegation has gone most of the way towards
meeting the troika’s demands. "Judging from the present circumstances, it
appears that this new European power is being constructed, with Greece being
the first victim. To some, this represents a golden opportunity to make an
example out of Greece. If some, however, think or want to believe that
this decision concerns only Greece, they are making a grave mistake. I would
suggest that they re-read Hemingway’s masterpiece, 'For Whom the Bell
Tolls.'"
----
The
Pressure Just Shifted From Greece To The US & EU. Submitted
by Tyler Durden on 05/31/2015
Countries like Spain and Portugal may by now scratch their heads
about taking a hard line on the Greek issue. They may not have fully realized to
what extent the eurozone is indeed a shared commitment. All eurozone nations
now have at least another 30 days to think that over. The main risk in
that period is that Greece may decide to leave on its own.
----
We
Need Actual Free Trade, Not The TPP. Submitted by Tyler
Durden on 05/31/2015
There is no denying that the secret negotiations among unelected
elites appointed by TPP members may result in the lowering of trade barriers
for selected friends of the global regulators. This cronyist system of
rewards and punishments for global favorites, however, should most certainly
not be confused with free trade.
----
Sunday
Deal Deadline Dies As Greece Prepares Desperate "Draft" Plan. Submitted
by Tyler Durden on 05/31/2015
Greece and its creditors are set to miss a self-imposed Sunday
deal deadline as talks are still ongoing, an unnamed official tells Reuters.
Meanwhile, Kathimerini says "government officials attending an emergency
summit under Prime Minister Alexis Tsipras on Saturday prepared a draft
agreement as Greek sources cited by the Athens-Macedonia News Agency indicated
that negotiators in Brussels were close to a deal on value added tax, curbing
early retirements and the gradual merging of pension funds." And so it
continues.
----
China
Will Establish No-Fly Zone Over Islands If "Threatened". Submitted
by Tyler Durden on 05/31/2015
"Whether we will establish an ADIZ in the South China Sea
will depend on whether our maritime security will be threatened," Adm. Sun
Jianguo, deputy chief of staff of the People’s Liberation Army said at a
security event in Singapore on Sunday. China also claims its man-made islands
in the Spratlys are primarily for providing "international public
services." Its regional neighbors aren't so sure.
----
Will
A Robot Steal Your Job?. Submitted by Tyler
Durden on 05/31/2015
Will a robot steal your job? It turns out that the answer depends
on the prevailing macroeconomic conditions much more than people think.
----
FUTURE
FAST FORWARD
----
----
WASHINGTON POST
----
----
----
----
INFORMATION
CLEARING HOUSE
Putin: US Foreign Policy Boosted Expansion of
Terrorism
By Deutsche Wirtschafts Nachrichten
Putin accuses the West, quite bluntly, to be responsible for the emergence of the Islamic State.
By Deutsche Wirtschafts Nachrichten
Putin accuses the West, quite bluntly, to be responsible for the emergence of the Islamic State.
----
Iran Breaks New Ground In Iraq
By Mahan Abedin
In Iraq the failure of the American- and British-trained army is by definition a victory for Iran.
By Mahan Abedin
In Iraq the failure of the American- and British-trained army is by definition a victory for Iran.
----
Obama's Iran Nuclear 'Diplomacy' Boosts US
Arms Racket
By Finian Cunningham
US President Barack Obama's nuclear diplomacy with Iran has left many commentators guessing about what objectives Washington is really pursuing.
By Finian Cunningham
US President Barack Obama's nuclear diplomacy with Iran has left many commentators guessing about what objectives Washington is really pursuing.
----
Revolution and American Empire
By Rob Urie
Western history ties politics, the freedom to dominate other people, to economics through the reasons for domination.
By Rob Urie
Western history ties politics, the freedom to dominate other people, to economics through the reasons for domination.
----
Financial Coup in Greece
By Stelios Kouloglou
“The government today faces a new kind of coup, one that is not carried out with tanks, as in 1967, but through banks.” - Yanis Varoufakis.
By Stelios Kouloglou
“The government today faces a new kind of coup, one that is not carried out with tanks, as in 1967, but through banks.” - Yanis Varoufakis.
----
GLOBAL
RESEARCH
----
----
----
----
Islamic
State (ISIS) Mercenaries on Drugs Produced by NATO, Two Tons seized in Western
Syria, Report
----
----
----
NEWS IN SPANISH
----
----
----
----
----
----
----
----
----
PRESSTV
Senate
fails to strike deal on NSA spying .
Mon
Jun 1, 2015 The US Senate has failed to reach a deal on extending the
controversial Patriot Act used by the NSA as a legal basis for spying on
people.
----
US
Senate slammed for irresponsible failure. Mon Jun 1, 2015 The White House has denounced the US Senate for failure
to extend the provisions of the Patriot Act.
----
Experts
behind ISIL propaganda films slain. Sun May
31, 2015 An Iraqi army airstrike claims the lives of two Takfiri filmmakers
behind ISIL’s propaganda videos.
----
Greece
talks deadlock not Athens fault. Sun May
31, 2015 Athens raps its international creditors for offering “absurd”
proposals in talks over the country’s bailout program.
----
Most
of ISIL recruited by US: Analyst. Sun May
31, 2015 Most of the ISIL terrorists were recruited by the US and its allies to
advance their agenda in the Middle East, an antiwar activist says.
----
‘NSA
domestic spying to expire tonight’. Sun May
31, 2015 A former White House counterterrorism official says the NSA’s domestic
surveillance program will likely expire on Sunday night.
----
-----
