MAY 18 SIT EC y POL
ZERO HEDGE
David
Stockman: "We Are Entering The Terminal Phase Of The Global Financial
System". Submitted by Tyler
Durden on 05/18/2015. "What happened in each of those episodes was
a short-run break in the system, collapse of confidence and flight to gold.
What I think we are facing now is a terminal phase of a monetary
system that isn’t viable, stable or sustainable. Therefore gold has
but one characteristic - massive upside in the years ahead."
[SUEÑO
POST-NEOLIBERAL. Nuestro imperio ha dado grandes cosas a la humanidad. Para
empezar, el fordismo con el cual no pudieron competir los ingleses (el fordismo
les dio a todos una maquina empezando por un carro. “Cumplimos con darles un
carro a cada americano” –fue el sueño de Ford- pero ese carro se convirtió en
medio de esclavización para muchos que no pudieron mantener trabajo seguro que permita pagarlo a tiempo. Y
el mismo carro sirve hoy para polucionar más el ambiente) pero el fordismo cumplió lo prometido. Trajo
al mundo innovaciones científicas sin paralelo. Empezamos con la masiva
fabricación de máquinas para hogar, a la par que avanzamos en la construcción
de carreteras y vías férreas con lo que
nadie pudo competir en nuestro mercado. Desde entonces se dijo que si el producto es americano es bueno. Hoy no
podemos decir lo mismo. Empezamos por aceptar que los carros japoneses y
alemanes son mejores y terminamos cediendo en todo. Hoy lo único en lo que
somos buenos es en la venta de maquinarias de guerra y destrucción del mundo. Y
lo probamos en Hiroshima y Nagazaki, y también en el medio oriente que
invadimos por su petróleo y donde asesinamos más inocentes vidas que en Japon.
Y seguimos exhibiendo nuestro potencial miliar con entrenamiento que ha puesto
al mundo en la angustia de despertar cualquier dia con una hecatombe mundial.
Eso no debiera ser motivo de orgullo, pero para algunos lo es. No creo que los
ingleses se habrían sentido héroes si regresaban la India a la edad de piedra,
pero hay en America quienes creen que si debemos destruir el mundo entero si América
cae. Lo cierto es que vamos a caer, que los días del dólar están contados y que
una transición honesta y civilizada es el regreso al dollar respaldado en oro
(el petro-dólar devino obsoleto). Pero no tenemos suficiente oro para dar primacía
al dollar (el que produce Perú a costa
de muchas vida no alcanzaría para ello). Pero hay algo que el resto de
competidores en esta “guerra” económica (mal termino, en mi ver) no tienen, y
eso es la creatividad de nuestro recursos humanos. Imaginemos cientos de Steve
Jobs iniciando el trabajo de la reconstrucción de América (y no hablo solo de
computadoras). Solo los Chinos podrían competir con nosotros y creo que cuando
unimos fuerzas con ellos es cuando pudimos colocarnos a la cabeza de la
tecnología moderna. Los rusos y los alemanes dudo que tengan esa cualidad, son
muy pegados a las reglas, a los sistemas establecidos, a lo clásico (están
viviendo los tiempos del fordismo que nos dio gloria). La creatividad va contra
sistemas y ordenes establecidos. Todo es perfectible, nada obedece a leyes
humanas imperecederas, el cambio es por natura anti-sistemico, anarquista,
libre de toda regla dogmática, validad para todos los tiempos y espacios. En esta revolución por venir los americanos
tenemos espacio, en nuestras células hay los ingredientes de esa creatividad y
si esta la orientamos –no a la guerra militar y su catástrofe nuclear- sino al
desmontaje de las ojivas nucleares y a la solución de varios problema de
inmediata atención a nivel mundial, en esto América si podría contribuir.
Tenemos ese potencial humano –desafortunadamente mal usado hoy- pero posible de
rescatarlo y orientarlo positivamente.
En esta visión de mundo post-neoliberal carece de toda esencia humana el
war mongerismo y la estúpida “creencia ” de que los sistemas imperiales como el
nuestro no tienen fin y la mas estúpida idea
de que no debemos dejarnos arrebatar el liderazgo económico mundial. En
realidad el reciente liderazgo jamás fue nuestro, fue el de nuestros banqueros mafiosos y los
truhanes de Wall Street que se apropiaron de todo cuanto pudieron y que hoy vienen
destruyendo derechos y libertades consagrados en la Constitución Americana. Son los mismos que hoy amenazan con liquidarnos con el mismo
potencial militar con el que sembraron muerte y destrucción fuera. Lo nuestro,
lo realmente americano y de lo que si debemos estar orgullosos es del fordismo
y del New Deal. De eso solo nos queda el
recuerdo; con el fordismo le arrebatamos
el imperio a los ingleses y con el NEW DEAL de FDR se lo arrebatamos a los banqueros
mafiosos. Pero ese recuerdo es bueno tomarlo en cuenta , no para hacer lo
mismo, sino para hacerlo mejor.]
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Obama
Just Called This "Rotting, Decaying Hellhole" A Symbol Of
"Promise For The Nation". Submitted by Tyler Durden on 05/18/2015. Speaking in Camden,
New Jersey, President Obama just uttered the following Detroit-esque words of
doom:
*OBAMA SAYS
CAMDEN IS SYMBOL OF PROMISE FOR NATION
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Obama
Flip-Flops: Plans To De-Militarize His Militarized Police. Submitted by Tyler
Durden on 05/18/2015. Having enabled billions of dollars worth of
militarized equipment to be unloaded into every police department in the nation
- only to have alienated the very Americans that hoped for change the most - it
appears President Obama is ready to uncross another red line. Following unrest
in U.S. cities over the deaths of black men at the hands of police officers, Reuters
reports, during his triup to Camden NJ, Obama announced his plans to put
in place new restrictions on the use of military equipment by police
departments.
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Puerto
Rico Faces Default, Government Shutdown On July 1. Submitted by Tyler
Durden on 05/18/2015. Puerto Rico is racing the clock ahead of a July 1
deadline to pass a fiscal budget for 2016 and scrape together $360 million due
to creditors. Without a budget, the commonwealth will face a partial
government shutdown and may be unable to issue $2.9 billion in oil-tax bonds
needed to pay The Government Development Bank.
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79
Members Of Congress Have Been In Office For At Least 20 Years. Submitted by Tyler
Durden on 05/18/2015. No wonder Washington never changes – 79 members of
Congress have been there since Bill Clinton’s first term in the White House.
This list includes names such as Reid, Feinstein, McConnell, McCain, Pelosi,
Boehner, Rangel and Boxer. With a 15% approval rating, The American People
absolutely hate the job that Congress is doing, and yet the same clowns
just keep getting sent back to Washington again and again.
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The
End Of Meaningful Work: A World Of Machines And Social Alienation. Submitted by Tyler
Durden on 05/18/2015. Many activists are clamoring for a higher minimum
wage. That's an admirable goal, but is that where the worst problem is?
Even at the abysmally low wages of the present moment, we still have 938,000 people being turned away from McDonald's because
there aren't enough McJobs. The real problem is the lack of meaningful work. In
a world of machines and social alienation, meaningful work is as scarce as
water in the drought-stricken California Central Valley.
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DEA
Strikes Again: Seize Man's Life Savings Under Civil Asset Forfeiture Without
Charges. Submitted by Tyler
Durden on 05/18/2015. In the “land of the free” you might be innocent until
proven guilty, but your assets aren’t.
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Abolishing
Cash – The New Age Of Economic Totalitarianism. Submitted by Tyler
Durden on 05/18/2015. Just how much will society take before they say
no?
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City
Secure? Baltimore Is Averaging 1.3 Murders Per Day Since Riot. Submitted by Tyler
Durden on 05/18/2015. The widespread riots, looting, and indiscriminate
arson may have subsided in Baltimore, but the violence has not. As The
Washington Post reports, "from mid-April to mid-May, 31 people were
killed, and 39 others were wounded by gunfire. Twice, 10 people were shot on a single
day."
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Dead Nation
Walking. Submitted by Tyler
Durden on 05/18/2015. Many people seem to think that America has lost
its sense of purpose. You don’t have to seek further than the USA’s
sub-soviet-quality passenger railroad system, which produced the spectacular
Philadelphia derailment last week that killed eight people and injured dozens
more. Six days later, we’re still waiting for some explanation as to why the
train was going 100 miles-per-hour on a historically dangerous curve within the
city limits. The condition of our trains is symptomatic of the shape of
the nation.
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Shape
Of Greek Endgame Emerges: IMF Discussed "Cyprus-Like" Plan After
Tsipras Warned Of Looming Default. Submitted by Tyler
Durden on 05/18/2015. The IMF discussed a "Cyrpus-like" take
it or leave it solution for Greece last week, FT reports. With the
countdown to outright insolvency down to two weeks, PM Tsipras will meet EU
leaders in Latvia on Thursday to make one last push for a last minute deal.
Meanwhile, the fate of the Greek banking sector hangs in the balance as the ECB
has come under fire for the monetary financing of the Greek government.
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Gold
Hits 3-Month Highs Amid "Frenetic Liquidity". Submitted by Tyler
Durden on 05/18/2015. Gold topped $1230 this morning - breaking to
3-month highs and up over 4% year-to-date - up 5 days in a row for the best run
in 4 months. The surge comes causally or correlatedly coincidental with China's
explicit shift into extraordinary measures (LTROs) but, as
The FT reports, market participants are concerned that algo-based funds
have created a "frenetic liquidity" environment as everyone from
real money to central banks "aren’t trading the gold market the way
they used to."
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Key
Events In The Coming Week Topped With Yellen's Friday Speech. Submitted
by Tyler Durden on 05/18/2015. As the economic
calendar slowly picks up following the NFP lull, we are looking at a busy week
both globally and in the US, where an army of Fed speakers culminates with a
Yellen speech on Friday at 1pm in Rhode Island.
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Washington’s
Shadowy Energy Partnership With Azerbaijan Exposed. Submitted by Tyler
Durden on 05/18/2015. Ten Members of the U.S. Congress – along with 32
of their staff members – received secret payments from Azerbaijan’s
state-owned oil company to travel to Baku in 2013, to cover the cost of
travel, including souvenirs of “silk scarves, crystal tea sets and Azerbaijani
rugs.”
[ Who are the 10 members of
Congress ?.. just bla-bla. Deceptive
title ]
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Submitted by Tyler
Durden on 05/18/2015 - 07:30
- Tsipras Endgame Nears as Greek Bank Collateral Evaporates (BBG)
- Shi'ite forces ordered to deploy after fall of Iraqi city (Reuters)
- Ratings agency Fitch to downgrade many European banks (Reuters)
- Bubble Blowing to Continue So Long as Yellen Isn’t Raising Rates (BBG)
- Greece's Debt Battle Exposes Deeper Eurozone Flaws (WSJ)
- Obama to set new limits on police use of military equipment (Reuters)
- China April home prices fuel hopes of bottoming out, but long road to recovery (Reuters)
- Hedge Funds Close Doors, Facing Low Returns and Investor Scrutiny (NYT)
- ASIC's Greg Medcraft 'quite worried' about Sydney, Melbourne house prices (Fin Review)
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Gold
Jumps Despite Stronger Dollar As Grexit Gets Ever Nearer, Futures Flat.
Submitted by Tyler Durden on 05/18/2015. With equities having
long ago stopped reflecting fundamentals, and certainly the Eurozone's ever
more dire newsflow where any day could be Greece's last in the doomed monetary
union, it was up to gold to reflect that headlines out of Athens are going from
bad to worse, with Bloomberg reporting that not only are Greek
banks running low on collateral, both for ELA and any other purposes, that
Greece would have no choice but to leave the Euro upon a default and that, as
reported previously, Greece would
not have made its May 12 payment had it not been for using
the IMF's own reserves as a source of funding and that the IMF now sees
June 5 as Greece's ever more fluid D-day. As a result gold jumped above
$1230 overnight, a level last seen in February even as the Dollar index was
higher by 0.5% at last check thanks to a drop in the EUR and the JPY.
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Guest
Post: Why Syriza Will Blink. Submitted by Tyler
Durden on 05/17/2015. Once again, Greece seems to have slipped the
financial noose. This brinkmanship is no accident. Since coming to power
in January, the Greek government, led by Prime Minister Alexis Tsipras’s Syriza
party, has believed that the threat of default – and thus of a financial crisis
that might break up the euro – provides negotiating leverage to offset Greece’s
lack of economic and political power. But their calculation is based on
a false premise.
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Peak
Population Growth?. Submitted by Tyler
Durden on 05/17/2015. "The UN's forecasts misrepresent underlying
demographic dynamics - the future we face is not one of too much population
growth, but too little."
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WASHINGTON BLOG
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Posted on May 17, 2015 by Kevin Ryan
Recently it has been noticed that Wirt Walker, a 9/11-insider trading suspect who
ran security for several of the impacted facilities, now works with men who
were, prior to 9/11, key players in national defense and terrorism response.
Given the role that Stratesec played and the relationships between suspects
already revealed, this seems more than coincidental. Moreover, these men have
top-secret clearances, which further suggests that Walker is a covert operative
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Seizing
an alternative: War lies to hide obviously unlawful wars: propaganda as
usual (4 of 7) Posted on May 16, 2015 by Carl Herman
The following is my paper for the Claremont Colleges’
conference, Seizing an
Alternative Toward an Ecological Civilization, with open registration to the public on
June 4-7, 2015.
Paper title:
‘Emperor’s New Clothes’ political
collapse: Seizing an alternative to OBVIOUS unlawful wars, bankster
looting, lying corporate media. I’ve
divided the paper into sections:
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RECENT RT-SHOWS & DOCUMENTARIES
DON’T MISS TODAY : AMERICA’S
SURVEILLANCE STATE great documentary
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Kirby's War of
Words . Kirby War of Words with Max Abrahms . 18.05.2015
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Worlds
Apart. Conflicting strategies? Ft. Richard Weitz,
Senior Fellow, Hudson Institute .
17.05.2015
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LATINO NEWS
El general Sisi y la complicidad de Europa. Santiago Alba Rico
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PRESSTV
FIFA
rapped over Qatar migrant abuse.
Tue May 19, 2015 A prominent campaigning group criticizes FIFA for its
inaction over the plight of migrant workers in Qatar.
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US
can’t afford to be superpower: Madsen. Tue May 19, 2015 The US military
spending is causing serious damage to the nation’s infrastructure, resulting in
the deaths of many Americans, says Madsen.
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Debate:
Israeli atomic bomb threat . Tue May 19, 2015 This edition of "The
Debate" focuses on the threat by the Israeli minister of military affairs
to drop atomic bomb on Iran.
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‘Yemen
crisis opens corridor for Takfiris’. Tue May 19, 2015 UN Secretary
General warns that the crisis in Yemen could pave the way for Takfiri militants
through Somalia.
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