JUN 10 SIT EC y POL
ZERO HEDGE
Big
Pharma Revealed As Puppetmaster Behind TPP Secrecy. Submitted by Tyler
Durden on 06/10/2015
When it came to the highly confidential TPP, it was unclear
just which corporations were dominant in pulling the strings. Now thanks to
more documents
published by Wikileaks, and analyzed
by the NYT, it appears that "big pharma" is the mastermind behind
the Trans Pacific Partnership, which if passed will "empower big
pharmaceutical firms to command higher reimbursement rates in the United States
and abroad, at the expense of consumers" according to "public health
professionals, generic-drug makers and activists opposed to the trade
deal."
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Why
Greece Must Leave. Submitted by Tyler
Durden on 06/11/2015
Greece should get out as fast as it can, all member
countries should, especially the poorer ones. There is no benign or even
economically viable future for any of them in the Union. A future inside the
union is infinitely more frightening than one outside. What is evident by
now is that the troika creditors don’t come to the table to negotiate, they
come to impose their will. And those countries that carry the most debt are
most vulnerable to the threats flung across the table. If you don’t get out, in
time Germany will decide what you can eat, what your children learn in school,
and how you are to behave. You will no longer live in sovereign nations.
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Slave
Or Rebel? Ten Principles For Escaping The Matrix And Standing Up to Tyranny.
Submitted by Tyler Durden on 06/10/2015
“Until they become conscious, they will never rebel, and
until after they have rebelled, they cannot become conscious.” - George Orwell
It’s a shell game intended to keep us focused on and distracted
by all of the politically expedient things that are being said - about
militarized police, surveillance, and government corruption - while the
government continues to frogmarch us down the road toward outright tyranny.
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Aussie
Central Bank Admits, Property Prices "Have Gone Crazy". Submitted
by Tyler Durden on 06/10/2015
With The
Philly Fed admitting QE has been the driver of inequality in the USA and
the Kiwis slashing rates unexpectedly, the fact that Reserve Bank of Australia
Governor Glenn Stevens uttered the following is even more crucial. "I
think it's a social problem," Stevens told the Economic Society of
Australia, adding ominously, "I think some of what's happening is
crazy," specifically pointing to Sydney property prices as an example.
No matter where we look around the world, Central Bankers appear to be
exercising their honesty glands about the impact of their policies. However
Stevens can't help himself at the end, noting "we remain open to the
possibility of further policy easing."
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Oops!
Fed Admits QE Widens Inequality. Via
NotQuant.com. Submitted by Tyler
Durden on 06/10/2015 - 22:00
Once again, the Federal Reserve proves that it’s the last
one to know everything that we knew already. Today’s
stunning announcement: The Philadelphia Fed admits they (“may
have”) made the wealthy wealthier and Main Street poorer.
Oops, Sorry America!
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Peter Schiff Warns This May Be The First Bubble To Burst Without A Pin. Submitted by Tyler Durden on 06/10/2015
The current bubbles are so large and fragile that air is
already coming out with rates still locked at zero. However, unlike prior
bubbles that pricked in response to Fed rate hikes, the current bubble may be
the first to burst without a pin. It appears the Fed fears this and
will do everything it can to avoid any possible stress. That is why Fed
officials will talk about raising rates, but keep coming up with excuses why they
can’t. Larry Lindsey will be right that the markets will eventually force
the Fed to raise rates even more abruptly if it waits too long to raise them on
its own. But he grossly underestimates the magnitude of the rise and the
severity of the crisis when that happens. It won’t just be the end of a raging
party, but the beginning of the worst economic hangover this nation
has yet experienced.
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"Obama
Is Destroying Europe", "Dragging It Into A Crusade Against
Russia" Says Former French PM. Submitted by Tyler
Durden on 06/10/2015
"Today, Europe is not independent… The US is drawing
us [the EU] into a crusade against Russia, which contradicts the interests of
Europe,” said the former French Prime Minister Fillon while the chief
economist at Bremer Landesbank adds that as a result of US policies
"unmeasurable damage lies in an elevated geopolitical risk situation for
the people in the EU.”
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Rigging
Markets? How To Determine If You Will Go To Jail In A Simple Flow Chart.
Submitted by Tyler Durden on 06/10/2015
Here is the answer.
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China
Officially Doubles Down On Multi-Trillion Yuan Debt Swap Program. Submitted
by Tyler Durden on 06/10/2015
China has officially doubled the quota on a critical
local government bond swap program designed to help provincial authorities
crawl out from beneath a debt pile that amounts to some 35% of GDP.
Participating banks can pledge the newly issued muni bonds for cash, but with
four policy rate cuts already on the books this year, it isn't clear that more
liquidity is the answer when it comes to boosting credit creation.
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Hospitals
Are Blatantly Ripping Us Off. Submitted by Tyler
Durden on 06/10/2015
Most Americans are deathly afraid to go to the hospital
these days – and it is because of the immense pain that it will cause to
their wallets. If you want to get on a path that will lead you to
bankruptcy, just start going to the hospital a lot. In America today,
hospitals and doctors are blatantly ripping us off and they aren’t making any
apologies for it. As you will read about below, some hospitals mark up
treatments by 1,000 percent. If the U.S. health care system was
a separate country, it would actually be the 6th largest economy on the entire
planet.
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China's
Global Ambitions Take Shape As AIIB Structure Revealed, Germany Pledges Full
Support. Submitted by Tyler
Durden on 06/10/2015
As China builds its own multilateral institutions, Beijing
has been keen to dispel the notion that it seeks to supplant the Bretton Woods
order with its own brand of Eastern hegemony and although one can certainly
question the degree to which China’s aims are rooted purely in an inclination
to be benevolent towards nations in need of fixed asset investment, Beijing
is making an effort to distance itself from the way the US governs the
institutions under its control.
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Guess
How Many Nations In The World Do Not Have A Central Bank?. Submitted by
Tyler
Durden on 06/10/2015
Central banking has truly taken over the entire planet.
At this point, the only major nation on the globe that does not have a central
bank is North Korea. Yes, there are some small island countries such as the Federated States
of Micronesia that do not have a central bank, but even if you count them, more
than 99.9% of the population of the world still lives in a country that has a
central bank. The global elite dominate us because we allow them to
dominate us. Their debt-based system greatly enriches them while it
enslaves the remainder of the planet. We need to expose their evil
system and the dark agenda behind it while we still have time.
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Taxpayers
To Lose Billions On Student Loan Refinancing. Submitted by Tyler
Durden on 06/10/2015
In what looks like the latest threat to the US taxpayer
stemming from the government's trillion-dollar student loan portfolio, VC-backed
tech startups are using attractive refi offers to siphon off the best loans,
leaving taxpayers with a book full of IBR enrollees and severely delinquent
borrowers who aren't even thinking about making payments.
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The
War on Free Speech Accelerates: DoJ Subpoenas Reason.com Over Comment Section.
Submitted by Tyler Durden on 06/10/2015
The United States Department of Justice is using federal
grand jury subpoenas to identify anonymous commenters engaged in typical
internet bluster and hyperbole in connection with the Silk Road prosecution.
DOJ is targeting Reason.com...
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Meet
The Participants Of This Year's Bilderberg Conference. Submitted by Tyler
Durden on 06/10/2015
From Greek lobbyists to Silicon Valley VCs and from Goldman
BSDs to FT reporters, The Bilderberg Group will meet later this week in
Tirol to discuss what happens next to the rest of the world... here are the participants...
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Germany
Talks Back Latest Greek "Fix" Rumor, Futures Refuse To Drop. Submitted
by Tyler Durden on 06/10/2015
Surprise! Germany has begun to talk back their exuberant
headlines over a Greek compromise. As Reuters reports, Germany will only
accept a cash-for-reform deal between Greece and its international creditors
that has the approval of all three lending instutions, a government
spokesman said in response to reports that Berlin was considering easier terms,
"all else is pure invention." EURUSD
has faded back all of the headline gains... but for now US equity futures
remain convinced.
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Bank
of England Head Carney Says Market Rigging Bankers Should Go To Jail. Submitted
by Tyler Durden on 06/10/2015
Mark Carney: "Real markets are essential to guarantee
prosperity. Not markets that collapse when there is a shock from abroad. Not
markets where transactions occur in chat rooms. Not markets where no one
appears accountable for anything." So... not markets
which are artificially rigged by $22 trillion in central bank liquidity and
which collapse every time the "threat" that any of this preciously
liquidity may be taken away?
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Euro
& Stocks Surge On Report Of German Compromise Over Greece Deal. Submitted
by Tyler Durden on 06/10/2015
After all the sound and fury from Schaeuble, we are now to
believe he is ready to back down...
*GERMANY SAID TO CONSIDER SETTLING FOR ONE GREEK REFORM
UP FRONT, OFFERING GREECE STAGGERED DEAL ON AID
Stocks and the Euro have resurged on the news. We await
Germany's denial within the next 30 minutes (and the subsequent FBI
investigation)
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Greek
Economy In "Doomsday" Tailspin: 59 Businesses, 613 Jobs Lost Each
Day, Suppliers Demand Cash Up Front. Submitted by Tyler
Durden on 06/10/2015
While the Greek government has wasted the past 4 months
experiment with game (and hope) theory-based negotiations with the Troika,
debating what reforms it should implement, what the budget surplus should be,
and how much of a pension and wage haircut the local workforce should undergo
just to keep the trickle of European money flowing and "allow" the
IMF to repay Greek IMF obligations and the ESM to repay the ECB, the Greek
economy has slammed into a brick wall because according to Greece's retailers
association, about 59 businesses close down and some 613 jobs are being lost
each day.
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The
Legend Of The Almighty American Consumer. Submitted by Tyler
Durden on 06/10/2015
It just blows our mind, that in the face of almost every
indicator having collapsed over the first 6 months of this year, market
‘pros’ just act as though it isn’t happening! It’s impressive to
watch the insanity, the denial, the delusion, that has become the basis
of the steady state market. What is continuing is us extending ourselves again
on the very assumption that the American Consumer will rebound to its peak strength.
Because there are those few all powerful economic cannibals that profit on
policy rather than economics, we will continue down this flawed path until
the legend of the Almighty American Consumer succumbs to reality. And
that day my friends will be an ugly one for the record books.
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US
Will Send 400 More Troops To Iraq Bringing Total To 3,500; Open New Military Base.
Submitted by Tyler Durden on 06/10/2015
As reported
yesterday, in the latest escalation of the "war on ISIS", Obama -
winner of the Nobel peace prize for pulling US soldiers out of Iraq - was said
to be sending even more US soldiers, pardon military advisors, to Iraq to halt
the inexplicable, constant expansion of ISIS, now deep in Syrian territory.
Earlier today, this was confirmed when Reuters reported that, as expected, the
US will announce on Wednesday plans for a new military base in Iraq's Anbar
province and the deployment of around 400 additional U.S. trainers to help
Iraqi forces in the fight against Islamic State, citing an unnamed U.S.
official.
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German
Lawmakers To Vote Against Greek Bailout Saying Athens "Not Serious At
All". Submitted by Tyler
Durden on 06/10/2015
Greek PM Alexis Tsipras "hasn’t made a good impression
on me in the last few days,” an official from Germany's Social Democrats
(Angela Merkel's junior coalition partner) says, while a senior lawmaker from
the Chancellor's Christian Democratic bloc contends that Greece
"is not serious at all."
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Frontrunning:
June 10. Submitted by Tyler
Durden on 06/10/2015
- Pressing for Greek concessions, Merkel and Hollande keep Tsipras waiting (Reuters)
- Treasuries Extend Slump as Pimco Dumps Two-Thirds of Holdings (BBG)
- U.S. prepares plans for more troops, new base in Iraq: officials (Reuters)
- Texas policeman resigns after video shows him toppling teen (Reuters)
- Kuroda Says Hard to See Yen Dropping More, Spurring Surge (BBG)
- Tech Startups Woo Investors With Unconventional Financial Terms — but Do Numbers Add Up? (WSJ)
- Putin is a 'bully', U.S. needs to respond resolutely: Jeb Bush (Reuters)
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FUTURE FAST FORWARD
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INFORMATION CLEARING HOUSE
The Shifting Battlefield. Did the War in
Syria Just Become a Regional War?
By Eric Draitser
The news that Iran has sent significant numbers of Iranian, Iraqi, and Afghan troops to take active part in defense of Syria has the potential to transform the conflict into one with global implications.
By Eric Draitser
The news that Iran has sent significant numbers of Iranian, Iraqi, and Afghan troops to take active part in defense of Syria has the potential to transform the conflict into one with global implications.
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Logistics 101: Where Does ISIS Get Its Guns?
By Tony Cartalucci
If an army marches on its stomach, and ISIS’ stomachs are full of NATO and Persian Gulf State supplies, ISIS will continue to march long and hard.
By Tony Cartalucci
If an army marches on its stomach, and ISIS’ stomachs are full of NATO and Persian Gulf State supplies, ISIS will continue to march long and hard.
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CNN’s ‘Courageous’ Advertorial Mill
By Jim Naureckas
CNN has announced the formation of a new unit that will not report the news. Instead, it will take money from corporations to produce content that resembles news but is actually PR designed to burnish its clients’ images.
By Jim Naureckas
CNN has announced the formation of a new unit that will not report the news. Instead, it will take money from corporations to produce content that resembles news but is actually PR designed to burnish its clients’ images.
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WASHINGTON BLOG
America, now, at the end of The American Century, is
repeating the situation that existed at the start of The American Century. Back
in that era, we were heading for a huge crash, but the United States was the
world’s rising power then, to replace UK. This time around, we are again
heading for a huge crash, but the United States is the world’s declining power
now, to be replaced by China.
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West
Coast of North America to be Slammed by 2016 with 80% As Much Fukushima
Radiation As Japan. Posted on June 10, 2015 by WashingtonsBlog
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Posted on June 9, 2015 by Eric Zuesse.
Eric Zuesse (translation and added comments)
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GLOBAL RESEARCH
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NEWS IN SPANISH
"El TTIP es la Constitución de las
multinacionales". Pablo
Elorduy. Entrevista a Lola Sánchez, diputada de Podemos en el Parlamento
Europeo
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PERU "La Southern pretende chuparse el agua de
TÃa MarÃa, ensuciar la atmósfera y liquidar la pequeña agricultura". Mario Hernandez. Entrevista
a Ricardo NapurÃ, ex senador y diputado constituyente del Perú
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Chile. -Hoy estamos frente a una tarea
histórica: la desmercantilizar la sociedad. Chile. Vinculación Puente Alto
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Sociedad civil critica acuerdo de libre
comercio del PacÃfico sur. Catherine Wilson.
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Respeto y diálogo entre iguales deben fomentar
unión entre América Latina y Europa . Leonardo Buitrago
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Argentina La otra pobreza . Silvana Melo
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Perú Andamiaje normativo debilita fiscalización
ambiental y seguridad territorial de pueblos indÃgenas Magali Zevallos
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Nazanin. Fin del erdoganismo: terremoto en la
región. Turquia.
Histórico golpe a la farsa de la “democracia religiosa”, otro ropaje
engaña-masas del capitalismo siempre autoritario, misógino, anti-plural y
corrupto. Los resultados de las elecciones parlamentarias de TurquÃa, en las
que no sólo el partido islamista gobernante de Justicia y Desarrollo (AKP)
perdió escaños en favor de los partidos nacionalistas seculares de
centro-izquierda, sino que pone fin a una década de confusión dirigida por otro
excéntrico ‘Führer’ (lÃder supremo y absolutista) llamado Tayyeb Erdogan.
Por Nazanin Armanian. Publico.es. http://www.nazanin.es/?p=11860
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PRESS TV
Syria
urges UN to act against Qatar. Thu Jun 11, 2015 Syria has called on the United Nations to take
serious and immediate measures against Qatar.
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'ISIL
blows up key Syria gas pipeline'. Thu Jun 11, 2015 ISIL blows up a pipeline carrying gas from eastern
Syria to the suburbs of the capital Damascus.
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Student
rally turns violent in Chile. Thu Jun 11, 2015 A large student rally for free education in Chile
has turned violent as police tried to break up the gathering.
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Ansarullah
hits bases in SW Saudi Arabia. Wed Jun 10, 2015 Fighters of Yemen’s Ansarullah movement, backed by
allied armed forces, have fired artillery shells at Saudi bases in the province
of Dhahran al-Janub.
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UN
envoy urges Libya rivals to end rifts. Wed Jun 10, 2015 The UN special envoy to Libya calls on rival Libyan
groups to agree to a power-sharing deal.
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'8
NATO countries against Kiev arms aid'. Wed Jun 10, 2015 A new poll says a majority of people in eight NATO
member states are against sending arms to the Ukrainian government.
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Ron
Paul slams militarization of US police. Wed Jun 10, 2015 Former presidential candidate Ron Paul has condemned
the militarization of police departments in the US.
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UK
jets intercept Russian warplanes. Wed Jun 10, 2015 RAF Typhoons have intercepted and shadowed two
Russian warplanes over the Baltic Sea.
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