MAY 28 SIT EC y POL
ZERO HEDGE
Martin
Armstrong Warns "This Time Is Very Different". Submitted by Tyler
Durden on 05/28/2015
"...this time it is substantially different.
Government is now on the hook, which is part of the reason why they are moving
to eliminate cash to prevent bank runs and to force society to comply with their
demands....They have lied to themselves and to the people. We have to
crash and burn – that part is inevitable. Only when the economy turns down
will we then argue over solutions."
[ Is Armstrong suggesting the “THE EMPIRE OF PAPER” –see Hugo
Adan article- has to be burned to save the society , or in his terms “to prevent bank runs and force society to
comply with their demands...”? If this is true, we are facing the collapse
of the plutocratic dystopia, the dream that is opposed to the utopia of the “ever
lasting empire”. If plutocrats don’t believe anymore that their empire is “infinito”, de imposible muerte as imagined by a Japanese in his “the end of
history”… If it is true that we have to “eliminate cash” to prevent more Bank’s
power.. then why not to burn this cash, their ATM machines and their banks as
it happened in Mx at the end of the 1960’s with the barsonist Mov .. why no to
move forward and burn also the plutocrats who run the banks… If this happens,
the entire “EMPIRE OF PAPER” will be smoked.. disappear. .. However, Armstrong is not
consistent with his dystopia, his idea is not to prevent Banks’ power,
but to give them total power on any cash existent in citizens pockets and their
safe at home .. then the dollar will be saved and avoid to be transferred to bitcoins, or buying yuans, gold &
silver. .. Such idea is that I called collapse in the plutocratic dystopia. ..
They know that their “end of history” is near and they want all of us to commit
suicide, while they rush to get the remaining boats in the shipwrecking of the
current Titanic. ]
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This
Is What Happens When A Millennial Tries To Get A Job. Submitted by Tyler
Durden on 05/28/2015.
Heavily-indebted millennials are quickly finding out what it
means to enter the job market during the "waiter and bartender
recovery" as recent graduates with advanced degrees opt for serving
tables and pouring drinks thanks to poor employment prospects. “You’re
like, ‘I’ll do anything and apply for everything, but usually it’s an
electronic filing and you’re spending all your time on it and never hear back. So
far, I have applied for around 30 jobs, if not more, and have heard back on two
of them."
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Guest
Post: America Has No Enemy More Lethal Than The Neocon. by
Michael Scheuer via Non-Intervention.com. Submitted by Tyler
Durden on 05/28/2015
Those men who wrote our Constitution made it perfectly
intelligible to anyone who cared to read it. They also left some
flexibility in its articles to ensure that as time passed and circumstances
changed the document would remain viable as the indispensable protector of the
republic they created and of the liberty of citizens. In recent decades,
however, Americans have been treated to an endless stream of politicians,
academics, lawyers, and pundits who describe the opaqueness of the Founder’s
Constitution and the need for “experts” to decipher or infer what the document
means. But their words are lies, there are no such things as universal values. There
is only one value common to all men in all times and that is the universal lust
for gaining and exercising arbitrary power, and that power is exactly what the
Jacobin/Neocon crowd is after.
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Elizabeth
Warren Needs You To Help Her "Blow Debt Free College Wide Open".
Submitted by Tyler Durden on 05/28/2015
"Our goal is simple: Get Congress on record in
support of debt-free college and spark a movement to make it a reality.
This resolution can be the start of something big -- but we need your support
to blow it wide open. Are you with us?"
[ To me she is the potential VP in the 3rd choice
lead by Senator Sanders ]
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The
Clinton Foundation Paid Sidney Blumenthal $10K/Month As He Gave Horrible Libya
Advice To State Dept. Submitted by Tyler
Durden on 05/28/2015.
"While advising Mrs. Clinton on Libya, Mr.
Blumenthal, who had been barred from a State Department job by aides to
President Obama, was also employed by her family’s philanthropy, the Clinton
Foundation, to help with research, “message guidance” and the planning of
commemorative events, according to foundation officials... Much of the Libya
intelligence that Mr. Blumenthal passed on to Mrs. Clinton appears to have come
from a group of business associates he was advising as they sought to win
contracts from the Libyan transitional government."
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Paul
Craig Roberts Rages "Free Financial Markets Are A Hoax". Submitted
by Tyler Durden on 05/28/2015
There are no free financial markets in America, or for
that matter anywhere in the Western word, and few, if any, free markets of any
other kind. The financial markets are rigged by the big banks, the Federal
Reserve, and the Treasury in the interests of the profits of the few big banks
and the dollar’s exchange value, which is the basis of US power. It is
just as amazing that Americans and Europeans are so trapped in The Matrix that
they have no inkling that their future has been destroyed.
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The
Leading And Most "Distinctive" Causes Of Death In Your State.
Submitted by Tyler Durden on 05/28/2015
The "average" American isn't doomed to die from a
heart attack. According to a recent study by the
CDC looking at the most distinctive deaths by state, by which they mean which
type of death is abnormally represented relative to the national mean,
Americans have a veritable cornucopia of ways in which they "pass"
depending on which state they call home.
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Emergency
Powers Give Barack Obama Authority Over Just About Everything During A Major
National Crisis. Submitted by Tyler
Durden on 05/28/2015
Presidents have always exercised emergency powers, but now
thanks to dozens of new laws, regulations, court decisions and executive
orders, Barack Obama is the most powerful president in all of U.S. history.
Of course the U.S. Constitution does not actually give the president any special
powers during a time of national emergency, but over time presidents have
decided that they should be able to exercise such powers and the courts have
generally agreed with them.
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In
Shocking Move, Goldman Slashes America's Long-Run "Potential GDP"
From 2.25% To 1.75%. Submitted by Tyler
Durden on 05/28/2015
Having recently cut its estimate of US trend productivity
growth to 1.5%, in a shocking move earlier today, Goldman admitted US trend
growth is far less than previously speculated and lowered its long-term
potential GDP. The bank says: "after adjusting for a drag from government
sector productivity and incorporating an updated assessment of trend labor
force growth, we now see long-run potential GDP growth at 1¾%, half a
percentage point below our prior estimate." This is a huge deal as
Goldman just recalibrated every single economic (i.e., inflation, employment)
and financial (i.e., bond rates, leverage) equation by more than 20%, not to
mention the amount of implied residual slack in the economy. In short, an
absolutely massive amount!
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Putting
The 'Great' In Great Depression, Stephen Roach Warns On TPP's Currency Rules.
Submitted by Tyler Durden on 05/28/2015
History has not been kind to major trade blunders.
Just as the Smoot-Hawley Tariff Act of 1930 sparked a global trade war that may
well have put the “great” in the Great Depression, Congressional
enactment of enforceable currency rules today could spark retaliatory actions
that might devastate the free flow of trade that a sluggish global economy
desperately needs.
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States
Turn To Pension Ponzi Scheme To Close Funding Gaps. Submitted by Tyler
Durden on 05/28/2015
“When you’re borrowing money for pensions, you’re getting a
new credit card to pay off the old one, and you still haven’t paid off the old
one.”
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Corruption:
That's What Government Was Designed For. Submitted by Tyler
Durden on 05/28/2015.
“We expect today’s financial system to fall apart in a
terrible crash and depression. But we’re looking forward to it.” Simply
put, it is the only way to 'correct' the corrupt system... because after all,
that’s what government was designed for: to allow one group to rob another. If
the elite could take no advantage from it, why would they bother with
government at all?
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Obama-Style
Immigration Reform May Be Dead As DoJ Won't Seek High Court's Help. Submitted
by Tyler Durden on 05/28/2015
Obama-style immigration reform could be dead in the water
as the DoJ's decision not to seek a Supreme Court end-around on the President's
stalled executive order presents a number of possibly insurmountable problems.
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Will
The Real Hillary Clinton Please Stand Up?. Submitted by Tyler
Durden on 05/28/2015
While Obama unleashes his "folks" phrasing
to appeal to middle-America, it appears Hillary Clinton has a different
approach in her effort to reach "everyday Americans" - speak in
tongues. As The Hill reports, Clinton - who grew up in Chicago - spoke with
a Southern accent during a swing through South Carolina yesterday. What is even
more disturbing is the fact that it is not the first time she has faked her
accent as Bloomberg
exposes
various versions of American English employed by Clinton, going back to her
early years as first lady of Arkansas and first lady of the United States.
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The
Stock Market - A Picture Of Excess. Submitted by Tyler
Durden on 05/28/2015
These data do indicate one thing: risk has increased
enormously, and it will keep increasing the longer the bubble persists. Frankly,
the situation also scares us a bit, because we expect that governments and
their agencies (such as central banks) will find it extremely difficult to deal
with the next crisis. They have become quite overstretched as a result of the
last one. After having gone “all in” last time around, what are they supposed
to do for an encore? The only options that come to mind are repressive
measures such as capital controls, confiscation of private wealth, and a host
of other unpleasantries.
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It's
Official: Austria Repatriates Gold, Confirms Loss Of Faith In Bank Of England.
Submitted by Tyler Durden on 05/28/2015
Austria is explicitly demonstrating a lack of confidence
in the "pro-western" system of which the Bank of England is a
critical cog, and instead opting for "neutral" Switzerland, which
will hold nearly 50 tons of the gold formerly located at the Bank of England.
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"The
Greek Endgame Is Here": Probability Of IMF Default Now 70%, Says Deutsche
Bank. Submitted by Tyler Durden on 05/28/2015
Amid accelerating deposit outflows and an hourly flow of
conflicting headlines, Deutsche Bank is out with a fresh take on the Greek
endgame including an analysis of both the political wrangling that would need
to take place in order for parliamentary approval of concessions to creditors
and the mechanics of a default to the IMF.
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How
Healthcare Is Dooming the U.S. Economy (In Just 3 Charts). Submitted by
Tyler
Durden on 05/28/2015
As it stands now, U.S. healthcare will bankrupt the
nation and doom it to permanent stagnation and recession. It's our
choice: live with a bankrupt system built almost entirely of perverse
incentives, or begin an adult discussion about a system that delivers
responsible care to the elderly in line with other advanced nations, but at a
fraction of the current cost.
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Consumer
Comfort Plunges For Longest Streak In 7 Years. Submitted by Tyler
Durden on 05/28/2015
With business confidence collapsing, Bloomberg's Consumer
Comfort index - after
dropping to its lowest since December - plunged once again this week to
40.9 (from 42.4). This is the lowest since Novemeber and extends the losing
streak to 7 weeks - something we have not seen sionce May 2008. This
confirms Gallup's
weekly tracking of consumer confidence dropped back to its lowest levels
since early December 2014 with 53% of Americans now saying the economy is
getting worse. Despite all the exuberance over lower oil prices, Consumer
Comfort in The South is crashing. Perhaps even worse - for a
consumer-driven economy - is that the "buying-climate"suffered its
biggest drop since Dec 2011.
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Putin
Slams US Over FIFA Arrests: "Another Blatant Attempt By The US To Meddle
Outside Its Jurisdiction". Submitted by Tyler
Durden on 05/28/2015
Following yesterday's surprise DOJ indictment in which 14
FIFA affiliates were perp-walked out of Zurich's swankiest hotel just days
ahead of Sepp Blatter's re-election, one person was quite displeased with this
latest US intervention on the international arena: Russian president Vladimir
Putin who accused the United States of meddling outside its jurisdiction by
arresting officials from FIFA, further hinting that it was part of an attempt
to take the 2018 World Cup away from his country.
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Financial
Insanity Grips The World. Submitted by Tyler
Durden on 05/28/2015
Rare is the person who is a realist. We collectively live
in a world of pretend and extend. Every one of us wants our present
civilization to continue, though for countless millions the world has already
turned upside down as unemployment has soared and war and terrorism proliferate.
The very structure of life in our world is threatened because madmen have
undermined the financial system through the creation of debt instead of wealth.
We have collectively borrowed against our children’s future until their
very future is in doubt.
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Greece
Feigned Deal Progress, Launched Rumors To Avert Bank Run. Submitted by Tyler
Durden on 05/28/2015
Fearing an acceleration in deposit outflows from Greek
banks, PM Alexis Tsipras suggested on Wednesday that a deal between Athens and
creditors was imminent when in fact he had no evidence to support the
contention. Greek officials now promise their optimism "is not just
words."
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Submitted by Tyler
Durden on 05/28/2015 - 07:38
- No change in Greek debt talks after another day of spin (Reuters)
- G-7 Weighs In on Greece as Government Told to Be Serious (BBG)
- FIFA Faces Mounting Pressure From Sponsors as Visa Threatens to End Deal (WSJ)
- U.S. hopes Chinese island-building will spur Asian response (Reuters)
- Japan Inc.’s $104 Billion Investor Payout Set to Surge (BBG)
- Russia masses heavy firepower on border with Ukraine (Reuters)
- China Says Its Most-Wanted Fugitive Is in U.S. Custody (BBG)
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Greece
Owes $1.2 Billion To Drugmakers As Government Can No Longer Afford Basic
Medical Supplies. Submitted by Tyler
Durden on 05/28/2015
In a sign of just how dire the situation in Greece truly is,
Reuters is reporting that Athens now owes billions to drugmakers as the
consequences of being completely beholden to the ”institutions” which control
the printing of a fiat currency now weigh on Greece's ability to provide basic
medical services for its citizens.
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FUTURE FAST FORWARD
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WASHINGTON BLOG
China’s
Shenzhen Stock Exchange: The Sky’s the Limit, Baby!. Posted on May 28, 2015 by Charles Hugh Smith . In the event you haven’t heard about the
stock bubble currently inflating in China, please take a quick look at these
two charts of the Shenzhen Composite: http://www.washingtonsblog.com/
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‘RUN, BERNIE, RUN!
U.S.
‘Progressive’ Magazines Deep-Sixed Senator Sanders’s Incipient Presidential
Campaign. Posted on May 28, 2015 by Eric Zuesse.
Only Sanders even tested the waters. On 17 September 2014,
Paul Heintz of Vermont’s weekly newspaper Seven Days, headlined, “‘Run,
Bernie, Run': In Iowa, Sanders Tests the Presidential Waters,” and
opened: “The crowd went wild Saturday afternoon [13 Sep.] as Bernie Sanders
ascended a makeshift plywood stage at the Sauk County Fairgrounds in
Baraboo, Wisconsin. … ‘Run, Bernie, run!
Then, on 30 April 2015, in a
terrific MSNBC interview with Ed Schultz, Sanders said that he would run, and he explained why; and on May 26th, he officially
kicked off his campaign, with a wildly enthusiastic event in Burlington
Vermont, where his political career had started in 1981 as Mayor.
The Nation Deep-Sixes Sanders’s Campaign
30.Apr.2015
http://www.thenation.com/blog/205865/6-degrees-separation-between-bernie-sanders-and-hillary-clinton
——
Mother Jones Deep-Sixes Sanders’s Campaign
30.Apr.2015 http://www.motherjones.com/mojo/2015/04/sen-bernie-sanders-running-president-greatest-hits
30.Apr.2015 http://www.motherjones.com/politics/2015/04/bernie-sanders-hillary-clinton-democrat-2016-press-questions
2.Apr.2015
http://www.motherjones.com/politics/2015/04/bernie-sanders-inequality-president-interview
——
The Progressive Deep-Sixes Sanders’s Campaign
8.Oct.2104 http://www.progressive.org/news/2014/10/187877/highlights-fighting-bob-fest-senator-bernie-sanders
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In These Times Endorses Sanders for President
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Even
If Patriot Act Expires, Government Will Keep Spying On All Americans. Posted on May 27, 2015 by WashingtonsBlog . Government Will Use “Secret Interpretations”
to Get Around Legal Prohibitions
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INFORMATION CLEARING HOUSE
Media's
Deafening Silence Over West's and Israel's Alliance With al-Qaeda in Syria
By John Hilley
We can say with confidence that the mainstream press in the West supports Israel, and so does not find it convenient to report on this scandalous Israeli-al-Qaeda alliance in Syria.
By John Hilley
We can say with confidence that the mainstream press in the West supports Israel, and so does not find it convenient to report on this scandalous Israeli-al-Qaeda alliance in Syria.
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To Beat ISIS, Kick Out US-led Coalition
By Sharmine Narwani
Washington has run fewer sorties over Syria and Iraq in the nine months since inception of its air campaign, than Israel ran in its entire three-week Gaza blitz in 2008-09.
By Sharmine Narwani
Washington has run fewer sorties over Syria and Iraq in the nine months since inception of its air campaign, than Israel ran in its entire three-week Gaza blitz in 2008-09.
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U.S. Power
and the Godfather Principle
By Noam Chomsky, John Holder and Doug Morris
“International affairs” is very much like the mafia. A major principle of international affairs is the Godfather cannot brook disobedience.
By Noam Chomsky, John Holder and Doug Morris
“International affairs” is very much like the mafia. A major principle of international affairs is the Godfather cannot brook disobedience.
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Israel Is A
Discredit To America. You Are Judged By The Company You Keep
By Paul Craig Roberts
These days the new members of congress arrived pre-conditioned to demonstrate their devotion to the Israeli cause.
By Paul Craig Roberts
These days the new members of congress arrived pre-conditioned to demonstrate their devotion to the Israeli cause.
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Ahead Of
Israel Expulsion Vote U.S. Orders Raid On FIFA
By Moon Of Alabama
The U.S. ordered Swiss police to raid, incarcerate and extradite to the U.S. six FIFA officials for alleged corruption.
By Moon Of Alabama
The U.S. ordered Swiss police to raid, incarcerate and extradite to the U.S. six FIFA officials for alleged corruption.
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Washington’s
Two Track Policy to Latin America. Marines to Central America and Diplomats to
Cuba
By James Petras
US policymakers are actively involved in promoting ‘client’ opposition parties, movements and personalities to destabilize independent governments and are intent on re-imposing US domination.
By James Petras
US policymakers are actively involved in promoting ‘client’ opposition parties, movements and personalities to destabilize independent governments and are intent on re-imposing US domination.
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Washington
Protects Its Lies With More Lies
By Paul Craig Roberts
My distrust has deepened of Seymour Hersh’s retelling of the Obama regime’s extra-judicial murder of Osama bin Laden.
By Paul Craig Roberts
My distrust has deepened of Seymour Hersh’s retelling of the Obama regime’s extra-judicial murder of Osama bin Laden.
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Senior NATO
Official Claims We’ll Be at War by Summer
By Joshua Krause
“Said a senior NATO (non-US) GOFO to me today: “We’ll probably be at war this summer. If we’re lucky it won’t be nuclear.” Let that sink in.” Former NSA intelligence analyst John Schindler.
By Joshua Krause
“Said a senior NATO (non-US) GOFO to me today: “We’ll probably be at war this summer. If we’re lucky it won’t be nuclear.” Let that sink in.” Former NSA intelligence analyst John Schindler.
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Ukraine
Labor Dares Operation Vulture
By Michael Hudson
Ukraine’s collapse since the February 2014 coup has become an umbrella for grabitization.
By Michael Hudson
Ukraine’s collapse since the February 2014 coup has become an umbrella for grabitization.
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LATINO NEWS IN SPANISH
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Por qué Israel no debería existir. Garry Leech
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PRESSTV
European
Union extends Syria sanctions. Fri
May 29, 2015 The European Union extends its sanctions against Syria for another
year.
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‘Only
diplomacy solves Yemen, Syria crises’. Fri May 29, 2015 A senior
Iranian official reaffirms the need for a political solution to the crises in
Yemen and Syria.
[ Do you really believes that bla-bla can stop the Empire? What Iran got in such theater? El imperio usa el bla-bla diplomático para afirmar y expandir
su poder mundial .. no para negociar sus intereses ]
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US
cops slam pregnant woman to ground. Fri May 29, 2015 A newly released
video shows two US cops slamming a pregnant black woman to the ground while her
hands behind her back in Barstow, California.
[ Al parecer la
ofensa verbal es lo enfurece al policía .. los negros lo saben y bien harían en
callar … de hecho que algunos negros son bien ofensivos verbalmente, y quizá algunos busquen la consabida respuesta policial a su agresión verbal
.. los policías también saben que si optan por la brutalidad pueden perder su
empleo y hasta ir a la cárcel si matan un negro .. bien harían en colocarse algo
que les impida oir durante estas “misiones”. .. Que desgracia saber que el buen
negro es el negro mudo y que el mejor policía frente a ellos es el policía sordo.
Es la otra cara –la violenta- de la misma moneda social, en una sociedad que ya
es de sordos y mudos a diferentes niveles.]
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Pro-Palestinians
urge FIFA to oust Israel. Fri May 29, 2015 Pro-Palestine protesters
demand the expulsion of Israel from football’s governing body, FIFA.
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Kerry
sued over Hillary Clinton’s emails . Fri May 29, 2015 A government watchdog
group is suing Secretary of State John Kerry in order to obtain Hillary
Clinton’s government emails.
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Debate:
US duplicity on ISIL. Thu May 28, 2015 In this edition of The Debate we
discuss the duplicity in the US policy towards the ISIL Takfiri group.
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