MAY 17 SIT EC Y POL
ZERO HEDGE
Dan
Ariely: Why The Next Market Downturn May Quickly Become A Full-Blown Panic. Submitted by Tyler
Durden on 05/17/2015. "Imagine if we have another beginning of
a catastrophe happening, not something as big as we had, but something smaller.
Is people's sensitivity right now going to be so high that they're going to
panic very quickly? I think the answer is: Yes. So we haven't done much to
eliminate conflicts of interest, and we haven't done anything to earn back
trust. And because of that, I deeply worry."
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"When
Enough Is Never Enough" - What Do Millionaires Want?. Submitted by
Tyler
Durden on 05/17/2015 The saying goes "appetite
comes with eating" even though according to that other saying: "the rat race has
no exit."
Satisfaction goes up as net worth increases, reaching 85%
for those with $5 million or more. But enough is not enough for many
millionaires to be fully satisfied, because lifestyle expectations rise along
with net worth. Fifty-eight percent of millionaires say their expectations
for their standard of living have increased in the last 10 years. Those whose
wealth has increased significantly during this time period are even more likely
to feel their standard of living expectations have gone up (64%). As a result,
the majority of millionaires want more. Those with
$1 million want $2 million; those with $10 million want $25 million. http://www.zerohedge.com/news/2015-05-17/when-enough-never-enough-what-do-millionaires-want
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When
The Class Divide Gets Too Wide: Another Look At The French Revolution. Submitted
by Tyler Durden on 05/17/2015 [When that happens, revolution is unexpected]
"No one could have foreseen the turbulent times ahead on one spring day
in 1770. The shadow of Versailles is packed to its gilded rafters with the
glittering crowds of the royal court." Replace Versailles with modern day
Monte Carlo, New York or St. Barts, and the "crowds of the royal
court" with the "0.001%", and one can easily see why 'nobody'
can foresee that which in retrospect will have been all too obvious, only not
250 years ago, but this very moment.
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Belligerent
US Refuses To Cede Control Over IMF In Snub To China. Submitted by Tyler
Durden on 05/17/2015. Even as the establishment of new supranational
lenders suggests the US-dominated multilateral institutions that have
characterized the post-war world are proving unable to meet the needs of
modernity, both Congress and the President have stymied IMF reform
measures, sending a message to China and others that US hegemony will not die
without a fight.
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Martin
Armstrong Warns Of The Coming Crash Of All Crashes. Submitted by Tyler
Durden on 05/17/2015. Why are governments rushing to eliminate cash? Simply
put, the central banks have lost control of the ability to stimulate
anything.
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Bubble
In Higher Education: When Will It Pop?. Submitted by Tyler
Durden on 05/17/2015. Many factors combined to make it the perfect
storm: the demographic rise of the millennials, easy money from the Fed,
the “Chivas Regal” effect in pricing strategy that many colleges and
universities adopted, and the US government virtually taking over the market
for student loans. It’s a vicious circle as colleges raise prices, students
take out easy loans, and the institutions raise prices again. However, it
all seems to be coming to a head as several factors begin to show the chinks in
the armor.
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Greenwald
Warns "The Greatest Threat To Free Speech Is Not From Terrorism, But From
Those Claiming To Fight It". Submitted by Tyler
Durden on 05/17/2015. Threats to free speech can come from lots of places.
But right now, the greatest threat by far in the West to ideals of free
expression is coming not from radical Muslims, but from the very Western
governments claiming to fight them. The increasingly unhinged,
Cheney-sounding governments of the U.K., Australia, France, New
Zealand and Canada - joining the U.S. - have a
seemingly insatiable desire to curb freedoms in the name of protecting
them...
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This
Is What Keynesian "Success" Looks Like: Soaring Part-Time Jobs,
Record Low Real Wages. Submitted by Tyler
Durden on 05/17/2015.
If that's "success", we would hate
to see what Keynesian failure looks like.
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Central
Planning Goes Global As UN Unveils Major Sustainable Development Agenda
"For The Good Of The Planet". Submitted by Tyler
Durden on 05/16/2015. The UN plans to launch a brand new plan for
managing the entire globe at the Sustainable Development Summit that it
will be hosting from September 25th to September 27th. For those wishing to
expand the scope of "global governance," sustainable development is
the perfect umbrella because just about all human activity affects the
environment in some way. The phrase “for the good of the planet” can be used
as an excuse to micromanage virtually every aspect of our lives.
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Not
ISIS? Saudi Arabia To Execute & Display Beheaded Body Of Political Activist
In Public "Crucifixion". Submitted by Tyler
Durden on 05/16/2015. One of the ways that the U.S. government most clearly
expresses its deep dedication to global human rights, democracy and
decency across the globe is via its unwavering support for the
feudal, inhumane tyrannical monarchy of Saudi Arabia. In a punishment known
as “crucifixion,” the executed person’s beheaded body is placed on public
display for three days. Currently facing this fate are
three political activists, including two children.
[ La barbarie Saudi, nuestro aliado en el terrorism mundial de
imperio agónico. Who to blame?]
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Greece
Will Default On June 5 Without Deal, IMF Leaks. Submitted by Tyler
Durden on 05/16/2015. The ECB warns Athens that Greece is rapidly
approaching the "end game", as Tsipras sticks to 'red line' rhetoric.
Meanwhile, FinMin Varoufakis claims the country will pay wages and pensions
this month, but a leaked IMF memo indicates Greece will default on June 5
if it does not strike a deal with creditors by the end of the month.
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FUTURE FAST FORWARD
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INFORMATION CLEARING HOUSE
Beware of Vassals Asking For Gifts . Obama
& Gulf States summit: Party time with Wahhabi Atlanticists
By Pepe Escobar
The GCC petrodollar racket – Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman – was screaming for a “security deal” with Washington similar to the “special relationship” with Israel.
By Pepe Escobar
The GCC petrodollar racket – Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Oman – was screaming for a “security deal” with Washington similar to the “special relationship” with Israel.
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Boston Marathon Bomber Gets Death, So Why Not
Death for all Bombers?
By Joe Clifford
Tsarnaev killed 3 and will be put to death, while in Iraq and Afghanistan we have killed millions with bombs and no one is accountable.
By Joe Clifford
Tsarnaev killed 3 and will be put to death, while in Iraq and Afghanistan we have killed millions with bombs and no one is accountable.
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Wikileaks Cables Show. U.S. Government
Attempts to Topple Democratically Elected Governments.
By Gregory Wilpert
In thousands upon thousands of secret cables, these U.S. government officials honesty and candidly describe their attempts to topple democratically elected governments in the region.
By Gregory Wilpert
In thousands upon thousands of secret cables, these U.S. government officials honesty and candidly describe their attempts to topple democratically elected governments in the region.
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LATINO NEWS
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PRESSTV
Iran
rejects 'false' UN rights report.
Mon May 18, 2015 Iran raps as false a recent report by the UN special
rapporteurs about the alleged increase of executions in the country.
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‘Saudis
to buy nukes from Pakistan’ Sun May 17, 2015 Saudi Arabia decides to
purchase “off-the-shelf” nuclear weapons from Pakistan.
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Saudis
target UNICEF ships: Yemeni media. Sun May 17, 2015 Saudi warplanes
target ships purportedly belonging to UNICEF engaged in delivery of
humanitarian aid to Yemen.
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Hezbollah
‘fighting CIA-created ISIL’. Sun May 17, 2015 Hezbollah is fighting the
CIA-created ISIL group that is wreaking havoc across the Middle East, says a US
analyst.
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