AUG 27 SIT EC y POL
The Associated Press sued the U.S. Department of Justice
Thursday over the FBI's failure to provide public records related to the
creation of a fake news story used to plant surveillance software on a
suspect's computer.
AP joined with the Reporters Committee for Freedom of the
Press to file the lawsuit in U.S. District Court for the District of
Columbia.
At issue is a 2014 Freedom of Information request seeking
documents related to the FBI's decision to send a web link to the fake article
to a 15-year-old boy suspected of making bomb threats to a high school near
Olympia, Washington. The link enabled the FBI to infect the suspect's computer
with software that revealed its location and Internet address.
LISTEN FOX VIDEO at http://www.foxnews.com/politics/2015/08/27/ap-sues-over-fbi-ploy-involving-fake-news-story/
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FPIF FOREIGN POLICY IN FOCUS: RECENT ARTICLES
This and more in: www.fpif.org |
Where’s the Republican Outrage Over Saudi
Arabia?. Medea Benjamin
While Republicans beat up on the White House for making peace with America’s enemies, voters should ask them more questions about America’s friends.
While Republicans beat up on the White House for making peace with America’s enemies, voters should ask them more questions about America’s friends.
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Who’s
the Greatest Danger to World Peace? Hint: It’s Not Iran. Noam Chomsky
"The Iranian threat" has become such a truism in American politics that we've completely lost sight of Washington's own record.
"The Iranian threat" has become such a truism in American politics that we've completely lost sight of Washington's own record.
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Want
a More Democratic UN? Give It a Parliament. Jo Leinen and Andreas Bummel
Every democracy in the world has an elected legislature. Why not the United Nations?
Every democracy in the world has an elected legislature. Why not the United Nations?
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Nuclear
Weapons Forever Synonymous With Overkill. Russ Wellen
Despite how much more precise they have become, the amount of civilian casualties that nuclear weapons would cause will forever subvert their legitimacy.
Despite how much more precise they have become, the amount of civilian casualties that nuclear weapons would cause will forever subvert their legitimacy.
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ZERO HEDGE
The size of the epic RMB carry trade could be as high as $1.1
trillion. If China were to liquidate $1 trillion in reserves (i.e. USTs) in
order to stabilize the yuan in the face of the carry unwind, it would
effectively offset 60% of QE3 and put around 200 bps of upward pressure on 10Y
yields. So in effect, China's UST dumping is QE in reverse - and on a
massive scale.
[Is Tyler accusing China of stealing US money..? That would be ridiculous! ..Pathetic, to say
the least]
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Lies
You Will Hear As The Economic Collapse Progresses. By Brandon Smith. S-by Tyler
Durden on 08/27/15. Original: http://www.alt-market.com/articles/2678-lies-you-will-hear-as-the-economic-collapse-progresses
It is undeniable; the final collapse triggers are
upon us, triggers alternative economists have been warning about since
the initial implosion of 2008. You would think that the more obvious the
economic collapse becomes, the more alternative analysts will be vindicated and
the more awake and aware the average person will be. Not necessarily... In
fact, the mainstream spin machine is going into high speed the more negative
data is exposed and absorbed into the markets. If you know your
history, then you know that this is a common tactic by the establishment elite
to string the public along with false hopes so that they do not prepare or take
alternative measures while the system crumbles around their ears. At
the onset of the Great Depression the same strategies were used.
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US
Automaker Panic Button Looms After China's Top Carmaker Warns Of
"Grim" Outlook.
Submitted by Tyler Durden on 08/27/2015
Just
two weeks ago we explained in a few simple charts why US auotmakers have a
major problem looming over them. Today, as
Reuters reports, that "if we build them, they will come"
strategy has imploded as China's largest automaker warns "the
domestic market situation in the second half of the year remains grim." With
Q2 US GDP driven by a massive inventory surge, and the majority of that from
autos, any hope for a sales rebirth to burn through that over-burden is a
long-lost dream now as SAIC sees little to no growth over 2014.
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"Despite a slight tightening in the maize carryover, global
grain stocks are forecast at 447m t, a 29-year peak."
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The Summer of 1929
was unusually hot, with the stock market going up and down like a roller
coaster, making investors and pundits almost dizzy. That is, until the great
push up to the very height of the market in early September. It was
the laissez-faire abuses of the 1920’s, the reign of supply side economics, the
institutionalized political corruption of easy money, an oversized, overly
influential and powerful financial/industrial sector that set the stage for the
terrible Depression of the 1930’s. It also gave rise to the many
reforms introduced by the FDR administration. Most of which have been steadily
overturned, one by one, by the big money interests who care for nothing but
themselves, and would do it again, and again, if allowed to do so.
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With prices and
valuations elevated, and earnings deteriorating, the backdrop for a
continued"ripping bull-market" is at risk. The
problem for the "perma-bulls" is that the
deflationary backwash, combined with already weak economic fundamentals,
continues to erode the ability for earnings to meet elevated future
expectations. It is likely earnings will continue to disappoint in the quarters
ahead and put furtherdownward pressure on asset prices to close the current
gap between "financial fantasy" and "economic
realities."
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Anyone
betting China's GDP is really expanding at 7% and the U.S. economy will grow by
3.7% next quarter is angling to be a bagholder. Once global
assets roll over for good, it's important to recall that somebody owns these
assets all the way down. These owners are called bagholders, as in "left
holding the bag." Those running the rigged casino have to
select the bagholders in advance, lest some fat-cat cronies inadvertently get
stuck with losses.
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Media
Blackout: Canada Plans To Dump Nuclear Waste Less Than Mile From US Border. Submitted by Tyler
Durden on 08/27/2015
Over the last
few years, the United States has not had the best track record with Deep Geologic Repositories (DGR) for nuclear waste. In February of 2014, the U.S.’ DGR,
known as the Waste Isolation Pilot Plant (WIPP), had two separate incidents that compromised the
integrity of the project by releasing airborne radioactive contamination. While
most U.S. citizens were relatively unaffected by the events, our Canadian
neighbors have proposed a plan to construct a DGR 0.6 miles from America’s
largest source of fresh water, the Great Lakes — and the U.S. State
Department is remaining relatively uninvolved.
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It's
Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington. Submitted
by Tyler Durden on
08/27/2015
As Bloomberg reports, "China has cut its
holdings of U.S. Treasuries this month to raise dollars needed to support the
yuan in the wake of a shock devaluation two weeks ago,according to people
familiar with the matter. Channels for such transactions include China selling
directly, as well as through agents in Belgium and Switzerland, said one of the
people, who declined to be identified as the information isn’t public. China
has communicated with U.S. authorities about the sales."
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Former
Greek FinMin Varoufakis Launches Pan-European Anti-Austerity Political Party.
Submitted by Tyler Durden on 08/27/2015
Varoufakis’ fans get ready! The ex finance
minister is preparing to launch a European movement that will develop into a
political party. Yanis Varoufakis will push for a Pan-?uropean network
to fight austerity. Instead of running for the upcoming elections, he
will put his energy into political action on European level.
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For
Albert Edwards This Is The One Definitive Measure That "We Are Now In A
Bear Market". Submitted by Tyler
Durden on 08/27/2015
China has entered the global "plunge protection"
game. As the following note reveals,
when looking at one particular indicator, Edwards is now convinced: 'we are
now in a bear market."
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A
Nation Divided - Northeast Happiest In 8 Years As MidWest Comfort Collapses.
Submitted by Tyler Durden on 08/27/2015
Bloomberg "Consumer Comfort" for The
NorthEast region at its highest in 8 years, when The Midwest
region's "Comfort" is plunging to its lowest since Nove 2014?
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Kansas
City Fed Survey Misses For 8th Straight Month - Flashes Recessionary Signal.
by Tyler Durden on 08/27/2015
The last two times the Kansas City Fed survey was this
low, the US was in recession.The KC Fed survey has missed expected for
eight straight months, falling to -9 in August from -7 (missing the -4
estimate). Across the board, underlying components were ugly with Shipments
collapsing, Order backlogs echoing earlier surveys in demise, New
Orders tumbling, and Prices received crashing.
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Bloomberg
Businessweek's latest, shows that bears were "covering"
everywhere in the market yesterday (and continue to do so today), and certainly
on the front page of the latest
issue of Bloomberg's publication.
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Russia
Refuses To Participate In Ukraine Debt Restructuring. Submitted by Tyler
Durden on 08/27/2015
The terms of the agreement call for a 20% writedown and a
reprofiling that includes a maturity extension of four years and an
across-the-board 7.75% coupon. Vladimir Putin isn't interested.
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After four weeks of rising - the longest streak since Feb
2009 - initial claims dropped very modestly to 271k this week. This means initial
jobless claims has gone nowhere since January 23rd.
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Crash waves are notoriously volatile – several of the
biggest one day rallies in history have occurred before and during crash waves. This
makes short term forecasting even more of a coin flip than it normally is.
However, we believe it is important not to lose sight of the forest for the
trees; stock markets around the world have been in bubbles driven by extremely
loose monetary policy, which ipso facto allows us to identify them as an
example of artificial price distortion.Such bubbles always collapse sooner
or later – unless the monetary authority decides to simply destroy the
currency it issues, as has happened in Zimbabwe and is currently happening in
countries like Venezuela and to a slightly lesser extent Argentina. We
don’t expect the central banks of the developed nations to follow suit, at
least not yet.
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Submitted by Tyler
Durden on 08/27/2015 - 07:20
- Virginia
TV journalists killed by suspect with 'powder keg' of anger (Reuters)
- Policeman
shot to death and three women stabbed, one fatally, in Louisiana (Reuters)
- China
Intervened Today to Shore Up Stocks Ahead of Military Parade (Reuters)
- Margin
Calls Bite Investors, Banks (WSJ)
- "Computer
glitch" is preventing dozens of mutual funds, ETFs from promptly
pricing their securities (WSJ)
- Oil
prices rise more than 4 percent as equities rally (Reuters)
- Oil
Industry Needs Half a Trillion Dollars to Endure Price Slump (BBG)
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Aggressive
Chinese Intervention Prevents Another Rout, Sends Stocks Soaring 5% In Last
Trading Hour; US Futures Jump. Submitted by Tyler
Durden on 08/27/2015
After a 5 day tumbling streak, which saw Chinese stock
plunge well over 20% and 17% in just the first three days of this week,
overnight the Shanghai Composite was hanging by a thread (and threat)
until the last hour of trading. In fact, this is what the SHCOMP looked like
until the very end: Up 2.6%, up 1.2%, up 2.8%, up 0.6%, up 2%... down
0.2%. And then the cavalry came in: "Heavyweight stocks like banks and
insurance companies helped pull up the index, and it’s possibly China
Securities Finance entering the market again to shore up stocks," Central
China Sec. strategist Zhang Gang told Bloomberg by phone. Net result: the
Composite, having been red just shortly before the close, soared higher by 156
points or 5.4%, showing the US stock market just how it's down.
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WASHINGTON BLOG
1. WEALTH GAP; 2. EDUCATION; 3. JOBS; 4. COSTS; 5. POLICING; 6.
WAR ON DRUGS; 7. MEDIA
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Global
Markets to Fed: No Rate Hike, the Strong Dollar Is Killing Us. Posted
on August 26, 2015 by Charles Hugh Smith
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The
Raping of America: Mile Markers on the Road to Fascism. Posted on August 25, 2015 by WashingtonsBlog
By John Whitehead, constitutional and civil rights attorney,
the Rutherford Institute.
“Freedom is never
voluntarily given by the oppressor; it must be demanded by the
oppressed.”—Martin Luther King Jr.
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Why
the Bear of 2015 Is Different from the Bear of 2008. Posted on Aug25, 2015 by Charles Hugh Smith
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GLOBAL RESEARCH
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Israeli
Nukes Are Finally Newsworthy– As US Government Both Releases and Gags
Information By Philip Weiss and Grant Smith
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“The
Media Lies for A Living”: The Decline in the US Stock Market is “The Fault of
China” By Dr. Paul Craig Roberts
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US
Intelligence Confirms US “Deliberately Helping ISIS”: “Bomb the Kurds Not
ISIS”. Ron PaulBy Rep. Ron Paul and Daniel McAdams
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NEWS IN SPANISH
[alai-amlatina]
México: GUERRA SUCIA CONTRA LOS PUEBLOS DEL MAÍZ. Silvia Ribeiro http://www.alainet.org/es/articulo/172009
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La democracia “representativa” en
estado de descomposición avanzada . Alejandro Teitelbaum
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China y el pánico bursátil . Germán Gorraiz . Del mismo autor: - China y el ocaso de la economía
global
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Ecuador. El agotamiento de un
modelo en un contexto de crisis mundial. François Houtart
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Europa. Migraciones y refugio en la Europa de los
valores. Jesus González Pazos
[ De que valores hablamos?
A los migrantes que van a Alemania se los acepta para presionar hacia abajo los
salarios y se los recibe con la esvástica de la violencia Nazi en caso no
sirvan]
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PRESS TV
Reliance
on US dollar ‘economic suicide’. Thu Aug 27, 2015 The Federal Reserve has
destroyed the US dollar by adopting policies that devalue the currency, says an
American analyst.
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Turkey
to keep training Syria militants. Thu Aug 27, 2015 Turkey says it will push
ahead with training and equipping militants active in Syria.
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‘US
offering Israel formidable weapons’. Thu Aug 27, 2015 American scholar Richard A.
Falk says the Obama administration is seemingly equipping Israel with
formidable weapons.
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Iran
minister blasts 'certain OPEC members'. Thu Aug 27, 2015 Iran’s Minister of Petroleum
Bijan Zangeneh says some countries in OPEC are trying to harm other members by
driving crude oil prices lower through flooding the market.
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‘US
military distorts intelligence on ISIL’. Thu Aug 27, 2015 The Pentagon is investigating
allegedly false claims US military officials have made in fight against the
Takfiri Daesh terrorists, a new report says.
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