Nueva Democracia: MAY 26 SIT EC y POL

MAY 26 SIT EC y POL

ZERO HEDGE

Martin Armstrong Warns "Kiss Your Pension Fund Goodbye". Submitted by Tyler Durden on 05/26/2015

We have been warning for some time that government was eying up pensions. The amount in private pension funds is about $19.4 trillion. The question that has been debated in secret behind the curtain is how to justify to the people taking that over... Just how that is to be accomplished was finally settled by the Supreme Court without any justification constitutionally.

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The NSA's Technotyranny: One Nation Under Surveillance. Submitted by Tyler Durden on 05/26/2015

The police state is about to pass the baton to the surveillance state.

“The ultimate goal of the NSA is total population control.” - William Binney, NSA whistleblower

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This Is How Much Of Your Life The US Has Spent At War. Submitted by Tyler Durden on 05/26/2015.

Spoiler alert: if you are 14 or younger, you have never known an America that isn't without war.

With the US spiraling quickly towards a maritime conflict with China over the latter’s “construction projects” in the disputed South China Sea and with NATO doing its best to match Moscow’s Eastern European sabre-rattling on the way to facilitating the most serious confrontation between Russia and the West in decades, we thought it as good a time as any to bring you the following graphic which shows the percentage of your life that the US has been at war.

Simply put, if you were born in 1992 or later, America has been at war for at least two-thirds of your life and if you were born after 2001, well... you have never known life in the US without war.

More from The Washington Post:

Using somewhat subjective definitions of "at war" -- Korea counts but Kosovo doesn't in our analysis, for example -- we endeavored to figure out how much of each person's life has been spent with America at war. We used whole years for both the age and the war, so the brief Gulf War is given a full year, and World War II includes 1941. These are estimates.

But the beginning of the conflict in Afghanistan in (late) 2001 means that anyone born in the past 13 years has never known an America that isn't at war. Anyone born after 1984 has likely seen America at war for at least half of his or her life. And that's a lot of Americans.

Given recent events in Iraq and Syria, this isn't likely to change anytime soon.

http://www.zerohedge.com/news/2015-05-26/how-much-your-life-us-has-spent-war

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Gold Price Moves Since QE3 Have Been A Warning To Mainstream Economists, Not Cause For Celebrations Submitted by Tyler Durden on 05/26/2015

A little over two years ago, in the middle of April 2013, there was a gold crash that came seemingly out of nowhere. Worse, for gold investors anyway, that crash was repeated just a few months later. Where gold had stood just shy of $1,800 an ounce at the start of QE3, those cascades had brought the metal price down to just $1,200. For many, especially orthodox economists, it heralded the end of the “fear trade” and meant, unambiguously, that the recovery had finally at long last arrived. However, gold price activity since QE3 has been a warning, and a big one, not cause for victory celebrations.

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Hillary Clinton's State Department Approved $165 Billion In Arms Deals To Clinton Foundation Donors. Submitted by Tyler Durden on 05/26/2015

"Under Clinton's leadership, the State Department approved $165 billion worth of commercial arms sales to 20 nations whose governments have given money to the Clinton Foundation, according to an IBTimes analysis of State Department and foundation data."

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Asia Scholar Lays Out "Three Ways China And The US Could Go To War". Submitted by Tyler Durden on 05/26/2015

"Beijing has not yet declared a formal air defense identification zone (ADIZ) over the South China Sea, unlike the one it established over part of the East China Sea in 2013, nor could it today enforce such a zone effectively with its current fighters. However, with its reclamation activities continuing, and the Obama Administration apparently having decided to challenge China’s claims, the US and China are now potentially closer to an armed encounter than at any time in the past 20 years. Here are three ways the US and China could go to war..."

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The Only Question That Matters In Today's Markets. Submitted by Tyler Durden on 05/26/2015

There’s only one question that matters today in markets: why is the government bond market going up and down like a yo-yo? How is it possible that the deepest and most important securities in the world are currently displaying all the trading stability of a biotech stock?

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NATO General Warns, Putin Is A "Dangerous Gambler... Willing To Use Nuclear Weapons". Submitted by Tyler Durden on 05/26/2015

Hot on the heels of George Soros' warnings that we stand on the verge of World War 3, demanding Washington back off its anti-Yuan pressure, it appears "the good guys" are fighting back with their own good-cop, bad-cop propaganda. As Sputnik News reports, General hans-Lothar Domrose, NATO Commander of the Brunssum Allied Joint Force Command, said in an interview with German magazine Focus Online that Russian President Vladimir Putin is a tough-minded, forward-thinking politician who is capable of foreseeing situations, but also regards him as a dangerous "gambler," who "is willing to use nuclear weapons against NATO troops."

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Why China Is So Desperate To Blow The Most Epic Stock Bubble. Submitted by Tyler Durden on 05/26/2015

The Shanghai Composite is on the verge of 5,000 and has more than doubled in the past year but this may just be the beginning. The reason: if the Chinese stock bubble bursts, that will be the beginning of the end of the greatest con game in history.

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Fukushima May Be At Risk Of Imminent "Hydrogen Explosion". Submitted by Tyler Durden on 05/26/2015

Containers holding contaminated water at the crippled Fukushima nuclear power plant are at risk of hydrogen explosions, The Telegraph reports, with 10% of them found to be leaking. The discovery was reported to the Nuclear Regulation Authority (NRA), which raised concerns surrounding the potential hazards of accumulated hydrogen building up in the containers warning that "a spark caused by static electricity could cause a container to explode." TEPCO officials reassuringly note that they "think the possibility of an occurrence of hydrogen explosion from these storage facilities is extremely low, since there is no fire origin, or anything that generates static electricity nearby," but this is the same company that a recent IAEA report blasted for "failing to implement adequate safeguards at Fukushima – despite being aware of the tsunami risk."

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The Coming Capital Controls Are Designed To Protect The Banks From You. Submitted by Tyler Durden on 05/26/2015

If governments have proven anything to us over the last seven years, it is that they will do anything to keep the banks from going down. If just 10% of people hit their breaking points and withdrew their money in cash - there wouldn’t be enough cash in the system to support this demand. And the banks would subsequently collapse. When a government is bankrupt, the central bank is nearly insolvent, the banking system is illiquid, and an entire population suffers from interest rates that are either negative or below the rate of inflation, capital controls are a foregone conclusion. In fact, we expect the next round of capital controls will be designed to protect the banks... from you.

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Primer For Indebted Students: Here Are Your Options. Submitted by Tyler Durden on 05/26/2015

2015's heavily-indebted graduating class of college seniors has a lot of options. Not paying their loans is one of them. Read on...

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IRS Hacked: Government Admits 100,000 Taxpayers' Data Stolen. Submitted by Tyler Durden on 05/26/2015

In an unprecedented move against a government agency, which we are just waiting to hear blamed on Russia, The IRS has admitted that its data has ben compromised...

*IRS SAYS THIEVES ACCESSED TAX INFORMATION ON 100,000 PAYERS, IRS'S KOSKINEN SAYS THERE WAS UNAUTHORIZED ACCESS FEB-MAY

One wonders if they found Lois Lerner's emails while they were in there?

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"We're Living In A Make-Believe World" Biderman Warns "A Global Recession Is Inevitable". Submitted by Tyler Durden on 05/26/2015

"Right now, we’re living in a make believe world. Debt can’t be the main source of growth. Without a pick-up in final demand a lot of bad debts are out there. As long as you have excess capacity in the commodity production you have bad loans throughout the system. That means you have governments who can’t repay their debt without selling new loans and all their bad loans are funded by the central banks.... I think a global recession is inevitable...You just can’t devalue your way to prosperity. As long as the number of shares keeps declining, stock prices are going to go up and nobody cares [but] in the long term there has to be a major correction."

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Russia Tells France It Gives Up On Mistral Ship Deal. Submitted by Tyler Durden on 05/26/2015.

With French ministers crowing about their better-than-expected GDP data (+0.7%) as some trend reversal that heralds a revolution, it appears Vladimir Putin is about to put a dent in their hopes and dreams. As Sputnik News reports, Moscow has finally given up on the $1.3 billion deal for two Mistral-class helicopter carriers and plans to build its own. Even worse for France, now Russia will discuss only the sum that Paris should pay Russia for the failed contract. However, as with everything in the world, there may be aulterior motive, as China comes sniffing as a white knight for the amphibious vessels (at a reduced price) and then sells to its 'ally' Russia (who has already pocketed the contract cancellation fees).

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Surplus Repression And The Self-Defeating Deep State. Submitted by Tyler Durden on 05/26/2015

The nation is wallowing self-piteously in a fetid trough of denial and adolescent rage/magical thinking now that the nation's bogus, debt-based "prosperity" has crashed and cannot be restored.

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Meanwhile, In The Real Economy... Or Why Deutsche Thinks "Lunatics Are Running" The Fed. Submitted by Tyler Durden on 05/26/2015

"...it is imperative that the data does turnaround during 2015h2 for the recent rise in yields to be sustained. It is quite surprising to us that there is so much focus on US employment data and Fed Funds normalization to the exclusion of global trade data or US demand let alone productivity. A case perhaps of the lunatics trying to run the asylum."

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Is This Why Stocks Are Sliding And The Bond Curve Is Flatter. Submitted by Tyler Durden on 05/26/2015

"We shall do our best then to remain as we have been: pleasantly long of equities on balance. There really is no other course of actions we can take.... Long of One Unit of Ten Year Notes/short of One Unit of the Long bond future: Friday, May 22nd we wished to sell into the strength of the bond market"

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China Outlines New "Offensive" Military Strategy; Builds Lighthouses In Disputed Waters. Submitted by Tyler Durden on 05/26/2015

If there were any remaining questions about China’s maritime resolve, they were answered unequivocally on Tuesday with the release of the country’s 2015 defense white paper which indicates that Beijing is set to increase its “open seas protection” after countries with “ulterior motives” have busied themselves “meddling in South China Sea affairs.” Adding insult to injury for the US, China went on to broadcast a groundbreaking ceremony for two lighthouses Beijing is building on its new islands.

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Dallas Fed Crashes To Six Year Lows As Employment Collapses. Submitted by Tyler Durden on 05/26/2015

Having missed for a record 5 months in a row, Dallas Fed Manufacturing Outlook collapsed further in May to -20.8 (against expectations of -12.4). Thisis the 5th drop in a row (only ever seen in a recession) and 6th monthly miss in a row (never seen before) as it appears Former Dallas Fed Fisher was talking crap once again when he said "net, low oil prices were good for Texas." Despite Consumer Confidence indicating, somehow, that Texans are the most confident in a year (up from 121 to 130 in May), business survey continues to point to notable weakness with employment collapsing, hours worked crashing, and production plunged. However, on a bright note, expectations for the future jumped from -5.9 to +4.9 - hope springs etermal eh?

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Peter Schiff Is Furious At "Double Seasonally Adjusted" Economic Data. Submitted by Tyler Durden on 05/26/2015

"The real disconnect lies in the failure of the economy to grow, as most people assumed that it would, after the Fed's quantitative easing and zero interest rates had supposedly worked their magic. But as I have said many times before, these policies act more as economic depressants than they do as stimulants. As long as these monetary policies persist, our economy will never return to the growth rates that would be considered healthy.... We prefer the ability to manipulate figures rather than allowing the figures to tell us things that we don't want to hear."

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US Services PMI Slides To Lowest Since January. Submitted by Tyler Durden on 05/26/2015

After a hopeful start to the year - despite the weather, the West Coats ports, and every other excuse - US Services PMI has slipped the last 2 months, back to the lowest since January. At 56.4, below expectations, this is the biggest 2-month drop since December. Input prices edged up to 9-month highs. This is the first YoY drop in the Services PMI since December. As Markit proclaims hopefully, "policymakers will be eager to see if this slower growth trend develops further over the summer months before risking any tightening of policy."

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Greece Postpones Meeting With Creditors, Denies ATM Tax. Submitted by Tyler Durden on 05/26/2015

On the heels of a vote which betrayed fractures within PM Alexis Tsipras’ ruling Syriza party, a Eurogroup meeting in Brussels scheduled for today has now been postponed, according to a Greek official who did not give a reason for the cancellation. Meanwhile, there are rumors that the country will impose a levy on ATM withdrawals in an effort to encourage Greeks to use credit cards for purchases.

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Frontrunning: May 26

Submitted by Tyler Durden on 05/26/2015 - 07:22

Developed-Country Growth Slows, OECD Says (WSJ)
Charter Agrees to Buy Time Warner Cable for About $55 Billion (BBG)
Dollar hits one-month high as periphery woes weigh on Europe (Reuters)
IMF Says Yuan No Longer Undervalued Amid Reserve-Status Push (BBG)
Hanergy secured $200m loan ahead of solar group stock tumble (FT)
Congressional Inaction Threatens NSA Spy Program (WSJ)
Germany sees progress on Greece, EU officials to confer on Thursday (Reuters)
Hayes ‘motivated by greed’, prosecutor says in Libor case (FT)
Whistleblowers Find SEC Rewards Slow and Scarce (WSJ)

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Futures In The Red On Europe Jitters Ahead Of Obligatory Low-Volume Levitation. Submitted by Tyler Durden on 05/26/2015

While yesterday most markets were closed and unable to express their concerns at the very strong showing of "anti-austerity" parties in Spain's municipal election from Sunday, then today they have free reign to do just that, and as a result European stocks are broadly lower, alongside the EURUSD which dripped under 1.09 earlier today, with Spanish banks among the worst performers: Shares of Banco Sabadell, Bankia, Caixabank and Popular were down 1.8 to 2.3% earlier this morning, and while the stronger dollar was a gift to both the Nikkei and Europe in early trading, after opening in the green, Spain's IBEX has since slid into the red on concerns of what happens if the Greek anti-status quo contagion finally shifts to the Pyrenees.

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Chinese Stocks Are Now Up Over 100% Year-To-Date. Submitted by Tyler Durden on 05/25/2015

Another day, another dip to be bought aggressively in China. The only catalyst for moar - aside from "well it was up yesterday" - is the news that the Shanghai-HK Stock Exchange aggregate quota will be abolished, leaving room for more speculative excess to flood into 500%-gainers. CSI-300 is now up almost 6% since Friday's close and Shenzhen and CHINEXT are soaring back from underperformance yesterday. To round things out on a superlative note, the Shenzhen Composite - which contains all the ponzi-based self-collateralized idiot-makers, is now up over 100% year-to-date. Simply put, you can't keep a bad market down...

[ China is playing the same financial war than the US-EU-Japan .. but with more resources ]

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NOTICIAS EN SPANISH

EE.UU., Honduras El verdadero escándalo de Hilary Clinton es Honduras, no Bengazi . Emily Schwartz Greco

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El actual Desatino Monetario . Luis Humberto Hernández

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EE.UU. Negros y latinos: la lógica racista del imperialismo americano. Norberto Emmerich y Edgard Valenzuela

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Palmira en peligro. Franklin Lamb. Podrá salvarse uno de los lugares arqueológicos más importantes del mundo?

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España. El Partido Popular paga un alto precio a nivel municipal por su apoyo a la mina de Corcoesto