jueves, 30 de julio de 2015

JUL 29 SIT EC y POL



JUL 29 SIT EC y POL

ZERO HEDGE


[This is a neocon anarchist with an anti-state euphemism . Bob departs from a manipulated concept of  authoritarianism: All those who rule and lead a State are authoritarians, it doesn’t matter whose social class interest they serve. Certainly, the end of all anarchist (including Bob) is a non-state society. But at least real anarchist organize workers to destroy the state, and in that point coincided with Marxist and Leninist who organize the proletarian working classes to destroy the capitalist system. Bob’s euphemistic anarchism is only an incoherent  bla..bla. For instance, when he tried to apply his concept to Obama’s policies: 1st, Bob considered that Obama is one advocator of the “mass social re-engineering scheme” ..  2nd  he concluded that Obama  failed with a mass social re-engineering scheme in 2010”. 3rd, the same Bob said that to Obama the mass social re-engineering scheme is a “no sense program”? .. If that is so, Obama didn’t fail… he didn’t defend something that had non sense.  4th , Finally Bob concludes whit a tyipical  neocon “bobada”: “The only way to resist this tyranny is for local governments to eschew all federal monies including Community Development Block Grants going forward.”  In short: This tour of neocons to anarchism.. was an attempt to provide a theory to them.. But failed miserably. ]
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In a rather stunning note, CyberBerkut, a Ukrainian group of hackers, claims to have hacked John McCain’s laptop while he was in the Ukraine, and as Techworm reports, what they have released from his June visit appears to be a fully staged production of an ISIS execution video...

[ Interesting.. the anarchist neocon have not interest in organizing the working classes of America.. but real interest in organizing the mercenaries of ISIS ..  Why? Those who said that the reason is because they are getting a lot of money from the big companies who manufacture wars.. That is partially correct.. partially because in the case of McCain there is a psychiatric component as well.. perhaps paranoia schizophrenic .. or something else.. What a sick senator we have. ]
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US global superiority in military affairs is actually the superiority of a rich kid who thinks he’s really smart but in reality is merely just rich. When the seemingly endless flow of money slows (as it inevitably will), the mask of cleverness will fall. Everyone who resented the kid will be waiting at the edge of the playground for this day of reckoning, and because no one else will have been so dependent on spending-as-strategy, the erstwhile rich kid will find it tough going.

[ El arte de la Guerra consiste en derrotar al enemigo sin recurrir a las armas. Lo dijo un Chino y lo repitió un alemán.. pero nuestros militares no estudian el Arte de la Guerra .. solo les importa el cómo mamarle las tetas a  la vaca que cada día da menos leche… es decir, el cómo crear la bancarrota del Estado y así  la total derrota económica, política y militar.. en ese orden.. querer revertir ese orden es en nuestros días soberana idiotez ]
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In GMO’s latest quarterly missive, Jeremy Grantham is back with another dose of inconvenient truthiness, this time in the form of "ten quick topics to ruin your summer"...   thinks you should worry about going forward:
  1. A new era of lower trend GDP growth
  2. Resource scarcity
  3. Oil
  4. The environment
  5. Food shortages
  6. Income inequality
  7. The death of “majoritarian electoral democracy” 
  8. The Fed
  9. Asset bubbles
  10. The limits of humankind 
Here are some excerpts from Grantham’s thoughts on each topic:                                                          
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"All global financials markets are a shell game right now... There is no doubt that the price of assets right now is a question mark... and ultimately when Central Banks stop manipulating markets where that price goes is up for grabs... and probably points down"
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Hillary Saves Capitalism! ?? Submitted by Tyler Durden on 07/29/2015

Why would anyone even think that Ms. Clinton – who has never held an honest job in the private sector – could possibly have any idea about how to save capitalism… or how long an investment should be held?
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The War On Cash: Why Now?. Submitted by Tyler Durden on 07/29/2015

Why are governments suddenly so keen to ban physical cash? The answer appears to be that the banks and government authorities are anticipating bail-ins, steeply negative interest rates and hefty fees on cash, and they want to close any opening regular depositors might have to escape these forms of officially sanctioned theft. The escape mechanism from bail-ins and fees on cash deposits is physical cash, and hence the sudden flurry of calls to eliminate cash as a relic of a bygone age — that is, an age when commoners had some way to safeguard their money from bail-ins and bankers’ control.
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When people think about Social Security, they think that all the problems are decades away. Wrong. The Disability Insurance (DI) fund reserves are expected to be depleted by next year. The other trust fund, OAS, is projected to “become depleted and unable to pay scheduled benefits in full on a timely basis in 2034.” Which means that if you’re 47 or younger, you can kiss Social Security goodbye. Not to worry, though. Congress is on the case... the only problem with their solution - it's fraud!
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Authorities pushing currency devaluation as a cure for their stagnating economies might want to study Frederic Bastiat's insight into the eventual cost and consequences: "For it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa.”
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Given the irrefutable historical testimony of the disasters which ensue once a construction boom takes full rootand also given both the empirical and Austrian-theoretic conclusion that this is one of the most interest rate sensitive sectors in the economycan we please act now, before it is too late, Janet?
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Global oil prices have returned to a state of flux. This is hardly news to any who follow the oil markets closely and yet prices continue to drive international headlines. While oil prices are notoriously difficult to predict, it has failed to deter the speculators. There are those warning that the latest dip is a precursor for $40 a barrel, a catastrophe for oil markets in some minds. On the other end of the spectrum are the optimists betting on a return to $100 by 2020. The World Bank has taken a typically middle-of-the-road approach, with forecasts of $57 a barrel in 2015. That said, given Iran’s potential revitalization, Russia’s murky outlook, and U.S. shale supply limits uncertain, prices will be responsive to supply and demand trends; at least in the short to medium term.
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Did you know that the Federal Reserve pays an annual 6% dividend to its shareholders, i.e., the member banks of the cartel? Must be nice, considering savers who had nothing to do with cratering the world economy, and failed to receive a taxpayer funded bailout, can barely earn 0.5% on their money. It’s also quite bizarre. How many other “public institutions” have private shareholders to whom they pay 6% risk free dividends? None, which once again highlights the point that the Federal Reserve is NOT a public institution working on behalf of the citizenry, but is rather a banking cartel designed to enriched and protect its member banks (as we saw on clear display in 2008). It appears that some members of Congress are now targeting the estimated $17 billion per year paid out by the Fed to its member banks via the highway-funding bill.
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10 year Greek bond yields are spiking this morning (and prices therefore plunging) as trading actvity picks up in the dormant peripheral capital markets. The 2025s are downover 5pts from their last traded price back in late June with yields spiking back up toward 12.5%. This derisking comes after, as we detailed earlier, not only is the Greek economy collapsing but while Brussels is "satisfied with the smooth and constructive cooperation with the Greek authorities and that should allow us to progress as swiftly as possible," Greek PM Tsipras is threatening snap election as rebellion within 'his' party grows.
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Overnight, US energy major Chevron announced it will cut 1,500 jobs globally "as the company aims to reduce internal costs in multiple operating units and the corporate center." According to Rigzone, "the San Ramon, Calif.-based energy company will cut 950 positions in Houston, 500 positions in San Ramon and 50 positions internationally." But it's not just the US, because moments ago Italy's biggest oil and gas industry contractor Saipem announced that not only is it cutting its guidance, sending its stock plunging, but also reported that it plans to cut 8,800 workers by 2017.
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With creditors now on the ground in Athens, and with a third prior actions vote in parliament due at the first of August, Greek PM Alexis Tsipras spoke out about the new bailout "deal", debt re-profiling, the referendum, party politics, and the possibility of early elections in an interview with Sto Kokkino radio station.  
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Submitted by Tyler Durden on 07/29/2015 - 07:28
  • Fed expected to push ahead with rate hike plan (Reuters)
  • Upbeat earnings lift European stocks ahead of Fed (Reuters)
  • Chevron to Cut 1,500 Jobs (Rigzone)
  • Can Windows 10 Revive PC Sales? (WSJ)
  • U.S. Junk-Bond Buyers Left in Dark as Private Deals Become Norm (BBG)
  • Jeb Bush Drawing Big Bucks From GOP Establishment (WSJ)
  • Myriad of Greek Risks Means Money Managers in No Hurry to Return (BBG)
  • Gas production at Gazprom set to hit post-Soviet low (FT)
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GLOBAL RESEARCH

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NEWS IN SPANISH

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