miércoles, 30 de septiembre de 2015

SEPT 30 15 SIT EC y POL



SEPT 30 15 SIT EC y POL


ZERO HEDGE


Global 'Wealth' Destruction - World Market Cap Plunges $13 Trillion To 2 Year Lows. Submitted by Tyler Durden on 09/29/2015 [this message was kept hidden .. just released early this morning ]

[ GLOBAL RECESSION.. undeniable reality.. raising  interest rate will be a declaration of financial war against emerging market .. that will be a catastrophe for America ]

Since the start of June, global equity markets have lost over $13 trillion. World market capitalization has fallen back below $60 trillion for the first time since February 2014 as it appears the world's central planners' print-or-die policy to create wealth (and in some magical thinking - economic growth) has failed - and failed dramatically. To rub more salt in the wounds of monetray policy mumbo-jumbo, despite endless rate cuts and balance sheet expansion around the world, the last 4 months have seen an 18% collapse - the largest since Lehman. CHECK ALSO Europe Joins Japan In Deflation, Surge Driven By Hopes For More Japan, ECB QE  AND THIS: German Unemployment Unexpectedly Rises in Sign of Economic Risks http://www.bloomberg.com/news/articles/2015-09-30/german-unemployment-unexpectedly-rises-in-sign-of-economic-risks , and this Japan Industrial Output Slide Hints at Recession (WSJ) http://www.wsj.com/articles/japan-industrial-output-slide-hints-at-recession-1443582684
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[ This is real RU “we are against ISIL in Syria” they said & they do it ... the opposite that we were doing ]

"The military goal of these operations is exclusively limited to air support for the Syrian government forces in their campaign against ISIL. The point here is not in achieving any foreign policy goals or satisfying ambitions. We’re talking exclusively about Russia’s national interests." CHECK ALSO Caught On Tape: Dramatic Footage Of Russia's First Airstrikes In Syria Moscow doesn’t appear to be wasting any time.
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[ No yet, please.. imploran otros con cara de espanto .. hay esperanza, el QE4-16, dicen ]

"financial markets are NOT yet pricing for a recession, rather they are merely flirting with the idea… should give those heavily invested in policymaker faith/hope a lot of food for thought...  the next Fed “put” is not likely until the S&P 500 is trading in the 1500s at least (so more likely to be a Q1 2016 item rather than Q4 2015); and in terms of what the Fed could do, clearly QE4 has to be in the Fed’s toolkit"
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 [ algunos billonarios mafiosos empiezan a “suicidarse”.. muerte de causa natural, dicen ]

Trafigura, the privately-held company (with publicly traded bonds), announced that its founder and biggest shareholder, french billionaire Claude Dauphin has died at the age of 64.
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[ otros aun pescan a rio revuelto.. no temen ser expropiados the day after neoliberalism ]

As of this moment the S&P is soaring and is set for the 8th best gain in 2015. Why? Here is one reason, from the latest Gartman letter: "Essentially… there are still many who deny that this is a bear market, we fear that it has a good distance to the downside yet to travel. Merely to get to “The Box” shall take the S&P to 1420? 1550! Rallies are to be sold." 

[ Gartman forgot to say Who are the stupids to buy it ]

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[ La clave del éxito fue negarlo y evitar el pánico e imprimir más dólares de la nada y sobrevaluados ]

PERO.. NO SE PUEDE TAPAR EL SOL CON UN DEDO
La mafia lo sabe. Leamos:

“For the first time since 2009, all six major Fed regional activity surveys are in contraction territory... time to hike rates? [NOPE.. is time for suicide of the Mafia who profit with QEs, bailouts & predatory speculation. ..Si no tienen cojones para el suicidio .. al pueblo no les va a faltar para expropiarlos  ]  
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"Bad news is good news" again... for the global money-printing reflation trade...

[ HACIA UN NUEVO SISTEMA. Por Hugo Adan. Sept 30

Eso de creer que el QE4, sus bailout y sus legionarios “inversores” van a salvar el imperio de la caída --que todos sabemos esta en proceso--, eso es esperar peras del olmo..es ridiculo!.. El sistema mundial no aceptara el “QE4 Hope” .. apenas se de, se  cerraran los mercados emergentes al emprendedor mafioso del norte que quiera comprar o “invertir” en recursos del Sur… Para que servirían los dólares del QE4? Solo para aliviar el “constipation” en el baño.. y no faltara un millonario loco que lance dollares desde una avioneta y otros que los quemen en Plazas públicas. Lo que viene con el QE4 –si ocurre- es el suicidio del dollar y del imperio USA.. me refiero al “sentanazo” brusco.

El colapso imperial será suave solo si existen los peldaños de la inmensa escalera que hay que bajar .. Si se cortan esos peldaños lo que viene es aquello, la caída brusca … esto es lo que ocurriría con el QE4 y los bailouts, y la mafia especuladora. .. La unica salida a la recesión ya en camino es adecuar y re-editar el Glass-Steagall Act de FDR .. eso implica ZERO tolerancia al capital financiero especulador.. Desde aquí se debe negociar un NUEVO DEAL o acuerdo mundial.. Esto sin duda requiere nuevas monedas mundiales  para los depósitos bancarios y el comercio mundial.. además del desmontaje de los silos nucleares para dar respaldo a una economía auto-sostenible y no basada en el chantaje y la inestabilidad que genera.

La posibilidad de una sola moneda como lo propuso el IMF para salvar el dollar dentro de una canasta de monedas.. ya no es posible. Los niveles de desarrollo con crecimiento a niveles regionales y los nuevos avances tecnológicos han creado un mundo que no cabe en una formula con moneda unica. .. Lo que si cabe es un acuerdo para respaldar las monedas regionales con oro .. lo que supone prohibir imprimirlo de la nada con los QEs..

Esto para el imperio actual significaria crear un nuevo dollar con respaldo en oro. Según la cantidad existente se procedería al desmontaje del gasto insulso. No creo que valga la pena seguir financiando aliados para guerras y propósitos de contención inventados. Tampoco tendría sentido mantener con los nuevos dólares respaldados en oro la cantidad de estaciones militares que tenemos a nivel mundial a base de los falsos dólares de QEs. Los nuevos dólares deberán servir para la reconstrucción de America sobre nuevas bases sociales, económicas y políticas. Ese proyecto necesita ser elaborado con cuidado y con “responsabilidad social” como decían los alemanes antes de embarcarse en las funestas guerra del imperio Americano..

Lo que viene es un mundo sin imperio único, quizá multipolar, pero jamas basado en la guerra ni en el chantaje del poder militar, sino en nueva tecnología para el desarrollo con crecimiento a nivel mundial. El viejo suenio de vivir de la mano de obra esclava de los chinos y africanos.. se acabó. Querer insistir en ello es de idiotas, ni Asia, Africa ni America lo tolerarían.

El nuevo despertar empieza por reconocer el desastre que aquello significó a nivel global..
Si se acuerda en el NEW DEAL mundial el perdonar los delitos de aquel mal sueño, en buena hora. Pero mejor si se los sanciona con un Nuevo Juicio tipo Nurenberg  para evitar que lo de ayer se repita ... pronto.

Demás está decir que la estación de Nato en Frankfurt tampoco se toleraría, quizá el edificio serviría para el nuevo juicio y luego como museo que exhiba la indecencia moral de quienes crearon el nightmare de ayer. Y demás esta decir que si el US quiere aliados en el Sur (caso Peru por su oro) tendrá que pagar por el precio que corresponde a este metal estratégico que la nación peruana habrá de nacionalizar. Y demás está decir también que EU no podrá gozar de los beneficios de un sistema tributario basado en la deuda externa de Estados soberanos arruinados por empresarios buitres.  

Si USA quiere bajar la escalera sin sufrir el doloroso sentanazo que implica no tener peldaños donde afirmar su tránsito hacia la nueva realidad .. deberá evitar que el sur lo corte esos peldaños. Debera en cambio pensar en la posibilidad de aliados con la mismas potencialidad para crear una o dos américas unidas, pero libre y totalmente autónomas, la del norte y la del Sur ] Hugo Adan. Sept 30-15
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Submitted by Tyler Durden on 09/30/2015 - 07:25
  • Asia shares rally, but on track for worst quarterly loss in four years (Reuters)
  • Global Rally Shows Relief at End of $11 Trillion Stocks Meltdown (BBG)
  • Glencore Extends Rebound as Turmoil Shows Signs of Easing (BBG)
  • Putin wins parliamentary backing for air strikes in Syria (Reuters)
  • China Cuts Minimum Home Down Payment for First-Time Buyers (BBG)
  • German Unemployment Unexpectedly Rises in Sign of Economic Risks (BBG)
  • Japan Industrial Output Slide Hints at Recession (WSJ)
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WASHINGTON BLOG


U.S. President Obama’s central case against Syria’s Bashar al-Assad s that Assad was behind the sarin gas attack in Ghouta Syria on 21 August 2013 — but it’s all a well-proven lie, as will be shown here.
The great investigative journalist Christof Lehmann headlined on 7 October 2013 at his nsnbc news site, «Top US and Saudi Officials responsible for Chemical Weapons in Syria», and he opened:
«Evidence leads directly to the White House, the Chairman of the Joint Chiefs of Staff Martin Dempsey, CIA Director John Brennan, Saudi Intelligence Chief Prince Bandar, and Saudi Arabia´s Interior Ministry». (The U.S. has been allied with the Saudi royal family since 1945.) è it continues. Open the web above
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Argentina has often been held up as the next most likely location for a shale revolution, with some of the largest shale oil and gas reserves in the world.
Argentina could hold more than 800 trillion cubic feet of shale gas, more than the U.S., and second only to China, according to the EIA. Its shale oil resources, at 27 billion barrels, are also significant. è
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Debt has skyrocketed globally. And see this.
Governments have – of course – dramatically increased their debt since 2008 to fund questionable actions.
American corporations are piling on record amounts of debt. And see this. è it continues..
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NEWS IN SPANISH


Opinión. Críticas al capitalismo desde América Latina: La necesidad de romper con un "colonialismo simpático" Eduardo Gudynas
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YEMEN como laboratorio. ¿Por qué Occidente calla ante esta guerra salvaje? Martha Mundy
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WORLD NEWS


THE 4TH MEDIA http://www.4thmedia.org/

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by The Saker | Thursday, October 1-15

Here only extracts

Historically speaking, the strongest regional threat to Syria over the last few centuries came from Turkey, and to date, Turkey continues to occupy the Syrian regions of Celicia and Iskandarun. The Saudis and Qataris are the new kids on the block, with no historic experience and depth.

Erdogan biggest popular demise began when he decided to partake in the “War On Syria”. His aim was to separate the Syrian and Iraqi Kurds from Turkish Kurds and thereby hamper any opportunity for them to unite. That was to be achieved by driving off the Syrian Kurds, and have them replaced by the many dissident Syrian refugees who flocked into Turkey during the early period of the conflict.

By the way, many of those refugees were Islamist fighters, who were in Turkey on standby, waiting to be deployed into Syria by none other than Sultan Erdogan. When Erdogan did not receive the endorsement of his Western allies, he decided to walk away and dump those refugees and send them to the West. The wave of Syrian refugees flocking into Europe are leaving to Europe from Turkey now, not from Syria.

By evicting the refugees, Erdogan is punishing his former Western partners, focusing on domestic issues, and clearly giving the message that he no longer wishes to mobilize militants into Syria. For Erdogan therefore, the “War On Syria” is a game over and he is picking up the pieces and trying to gain as much as possible, and first and foremost, to save his own skin and survive to win the upcoming November 2015 parliamentary elections.
Erdogan has reverberated Kerry’s words and declared that the removal of Assad is not necessary at this stage. FOR TURKEY, IT IS GAME OVER.

OTHER ENEMIES OF SYRIA  “who are in survival mode” are two: The Saudis and the 14th of March Coalition.
The Lebanese 14th of March Coalition, is a very loosely put together coalition of Lebanese Syria haters. What united their passions was their hatred towards Syria, and the combined Prince Bandar Bin Sultan and Saad Hariri funds. Bandar has lost his office and clout, and Hariri is going bankrupt. Without money to feed the thugs in the streets of Lebanon, this coalition is doomed to crumble, and very soon. Furthermore, their territory does not have common borders with Syria for them to use for smuggling weapons to terrorists.

The main remaining players are Saudi Arabia and Qatar.

The Saudi attack on Yemen, dubbed “Operation Storm of Resolve”, was meant to be quick and decisive. It is increasingly turning into a very costly quagmire. A few days ago, a Yemeni offensive in Ma’arab, killed more than 300 coalition soldiers and injured at least as many. When the Yemeni Army Chief recently announced that the Saudi capital Riyadh and biggest city Jeddhah are legitimate Yemeni targets, he meant business. The next few days or weeks will show whether he is indeed capable of targeting the depths of Saudi Arabia.

The old guards within the Al-Saud are blaming the young deputy Crown Prince Mohamad (son of current king) for the gamble and its failure.  A secret document allegedly written by a Saudi Prince asking for the King to abdicate and for his Crown Prince and Deputy Crown Prince to be dismissed. It also asked the old guards to reach a consensus about appointing a new king.

The dissent is not only based on the infamous military gambles, but also touches on the King and his close cronies of squandering finances and theft to the tune of hundreds of billions of dollars. Saudi Arabia does not only have to contend with very low petrol prices, but also soaring costs of wars, dissent and royal theft. Saudi Arabia is indeed in a serious budget deficit that can only be lifted if petrol prices go up and its expenses are dramatically cut; neither one of which is likely to change soon.

To make it worse for the Saudi Royals the Iran nuclear deal was the biggest slap on the face they have ever received from their American “friends”. Ironically, when the deal was ratified, the Saudi King was visiting Washington and his Foreign Minister had to sheepishly praise it. King Salman returned from Washington empty handed. His refusal to resume talks with Syria under the auspices of Russia is only based on obstinance and no more.

This obstinance is not going to give the Saudis any power on the battle field in Syria. They are still providing cash, lots of cash, but the battles they had been waging via Jordan have all failed. With the advances of the Syrian Army and Hezbollah in the Qalamoun and Zabadani regions, it won’t be long before they close in and reach the Jordanian borders. While Saudi Arabia has not formally abandoned the fight in Syria, it has been rendered powerless.

As for Qatar, it has no backing and clout other than the petro-dollar-god. They cannot provide regional leadership. Qatar are a bit of a joke on that matter. But such is the ego of oil Arab sheikhs and princes:  they believe that money gives them substance and enables them to buy anything and anyone.

Qatar had to operate in Syria via hired agents, the biggest of which was Turkey and the others are 14th of March gangs in Lebanon. Erdogan is now too busy saving his skin to worry about what Qatar wants, but Qatar may continue to pour money into Lebanon. This inflow of funds alone however will not have a great impact on the events in Syria. It can only further destabilize Lebanon

The last bad boy on the block; Israel.
What would Israel do when the Syrian Army win becomes inevitable?  The fact that Iran is now a much stronger nation than it was before the nuclear deal. Hezbollah is much stronger than it was in July 2006. Israel can act foolishly and launch a major offensive against Syria, and perhaps even include Iran and Hezbollah, but this will be much more than it can chew.
Another fact: The Russian initiative has changed many dynamics and aborted a multitude of potential scenarios, including any Israeli interference. It is very clear that Netanyahu came back from his recent trip to Moscow very disappointed. It is obvious that he received  a very clear message from Putin demanding that Israel stays out because Russia is now in charge.

Now, let’s pay attention to the psychopaths and sociopaths, the real enemies of Syria fall in these categories. They hate President Assad for no reason other than he is an Alawite, or because their [??] to  Americans and Israel, or hate Syria because it stands in the way of their personal, regional and sectarian ambitions. The only strong passion that united them was hatred; nothing but sheer blind hatred. United by that hatred, diverged by failure and self-concerns, those deeply troubled fiends will not accept to go away.

President Putin has decided to break the deadlock.
The next few weeks, or perhaps days, will hopefully present a whole new decisive balance of power that will further bolster the many recent gains that the gallant Syrian Army and mighty Resistance have scored thus far, and all the culprits will have no choice other than submitting to the new status quo.

The Russian scenario brings to mind thus far unconfirmed news about another actor; China. It has been reported, but not confirmed, that China has sent its aircraft carrier to Syria. If this proves to be true and accurate, then the Chinese role brings in a whole new facet to the ever-changing “War On Syria”.

For Russia to act alone is a Russian affair, but if and when China pitches in, it becomes a BRICS affair. Is the BRICS alliance giving NATO a clear and loud message that it is now going to be present, and in a very big way, in the Middle East?

Summing up
With over two hundred thousand Syrian men and women and children who were killed, thousands of girls who were raped and sold as slaves and coerced to marry against their will, history destroyed and looted, Syria continues to stand tall, and it will return better and stronger than ever.
With this thought, I keep my fingers crossed and pray for the best.
The Saker | Thursday, October 1
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martes, 29 de septiembre de 2015

SEPT 29 15 SIT EC y POL



SEPT 29 15 SIT EC y POL


ZERO HEDGE




"Democracy" - Obama Vs Putin. Submitted by Tyler Durden on 09/29/2015

Obama: I believe that what is true for America is true for virtually all mature democracies
Putin:  No one is obliged to conform to a single development model that is considered by someone else as the right one
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Obama Deifies American Hegemony. Submitted by Tyler Durden on 09/29/2015

Obama’s speech at The UN made clear that Washington accepts no responsibility for the destruction of the lives and prospects of millions of Muslims. The refugees from Washington’s wars who are overflowing Europe are the fault of Assad, Obama declared. Obama’s claim to represent "international norms" was an assertion of US hegemony, and was recognized as such by the General Assembly. The presidents of Russia, China, and Iran did not accept Washington’s definition of "international norms." The lines are drawn. Unless the American people come to their senses and expel the Washington warmongers, war is our future.
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Goldman Capitulates, Cuts S&P 500 Earnings Forecast And Price Target; Sees Market At 2,000 By Year End. Submitted by Tyler Durden on 09/29/2015 

[ Todas las mafias Ec y Pol tendrán que capitular ]

Goldman said:
With three months left in the year, we were wondering how long it would take before Goldman's equity strategist would throw in the towel on his increasingly improbable (unless of course the Fed launches QE4, NIRP and/or helicopter money in the coming months) year-end S&P500 price target of 2100. The answer: not very long, as this is precisely what Goldman did overnight, when it cut both its 2015 and 2016 EPS forecasts (to $109 and $120 from $114 and $126), with a corresponding cut in Goldman's 2015 year-end price target from 2100 to 2,000, rising to a nice round 2,100 the year following.

[ Goldman es un caso singular –quiza particular si afecta la parte del sistema con la que estuvo asociado. Pero de ningún modo afectara lo general, la tendencia general del sistema neoliberal: su control impostergable. Fact: Bloomberg mostro recuperación Econ inmediata cuando se supo ayer que la sombra de la guerra nuclear que oscurecia el panorama económico se estaba aclarando: no habrá guerra nuclear, lo dijeron los analistas geo-politicos. Bloomberg en su edición internet indico esta mañana que los índices económicos mejoraron súbitamente cuando se supo que el chantaje nuclear “guerra” esta siendo disipado; incluso Brazil pudo respirar ese alivio. Significa esto que tampoco será necesario elevar la tasa de intereses ni un QE4 si antes no se limita el poder que tienen la banca y las grandes corporaciones mafiosas (caso Goldman) acostumbradas a pescar a rio revuelto con sus técnicas de especulación predatoria (moviendo precios a su antojo). Anoche hicieron su última movida en Hong Kong y estoy seguro que el Gbno Chino les dará su merecido. Todo eso indico que se requieren instrumentos internacionales para enterrar a los que se creían inmortales (los del “Too big to Fail”). Ese dogma devendrá obsoleto cuando los paises con economías emergentes del mundo tomen control y reorganizen la ONU. It is required to restore the UN 1974 Charter of Economic Rights and Duties of States - UN ;  AND restore the General Assembly resolution 1514 (XV) - United Nations ;   & restore the power of ILO the International Labor Org; & install an autonomous  ICC: International Criminal Court. …  En America se requiere dejar sin efecto la licencia para robar ( U.S. ‘Justice’ Department Proclaims Big Banks Have A License To Steal. Ese es un caso particular. .. A nivel mundial esperamos que la ayuda de China a la ONU apunte en aquella  dirección. … Mientras no se elimine la pobreza no habrá mercado consumidor para la sobre-producción que el desarrollo técnico ha creado y para hacer sostenible el crecimiento con desarrollo Ec . Esto requiere eliminar la dependencia del consumidor en los credit-cards del crédito fácil, estas son marruecas que solo sirven para esclavizar al consumidor (si este es rico, no hay problema)  pero en el caso de capas medias o pobres, las tarjetas de crédito siempre impedirán su desarrollo y autonomía. Todo esto significa que se necesita urgentemente controlar instituciones internacionales como la ONU para limitar el poder de los lobies y las mafias del dinero fácil y eliminar a los buitres de la deuda soberana. Se necesita un ambiente ONU con techo firme para protegernos de los vendavales del sistema neoliberal que poco a poco tendrá que ser desmontado. Esa es la misión de la ONU en el futuro inmediato. Estamos a punto de conseguirlo y si ocurre.. adios al caos neoliberal ]  
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[ Is this another corrupted-trick from the mafias of trade operating in Asia (China?):  Trafigura “does not have publicly traded equity - but has publicly traded debt”.. who benefit  & who loses? ]
Read this:

Back in July, long before anyone was looking at Glencore (or Asia's largest commodity trader, Noble Group which we also warned last month was due for a major crash, precisely as happened overnight) which everyone is looking at now that its CDS is trading points upfront and anyone who followed our suggestion last March to go long its then super-cheap CDS can take a few years off, we had a rhetorical question:

Which will be first: Trafigura, Mercuria or Glencore

Judging by what happened less than two months later, it appears that we have our answer: for now at least, Glencore, which is now flailing and which Bloomberg reported moments ago is set to meet with its bond investors tomorrow (supposedly to allay their fears of an imminent insolvency), is firmly the "answer" to our rhetorical question. 

And yet, something stinks. 

First, a quick look at Trafigura bonds reveals that the contagion from the Glencore commodity-trader collapse, which "nobody could possibly predict" two months ago and which has rapidly become the market's biggest black swan, has spread and we now have a new contender. And while Trafigura's equity is privately held, it does have publicly-traded bonds. They just cratered.  See graphic. URL: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/09/20150929_TRAF1_0.jpg

As discussed below, this may just be the beginning for the company which, because it does not have publicly traded equity - but has publicly traded debt - has so far managed to slip under the radar.
But who is Trafigura? Only the world's third largest private commodity trader after Vitol and Glencore. 

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The Stunning "Explanation" An Insurance Company Just Used To Boost Health Premiums By 60%. Submitted by Tyler Durden on 09/29/2015 [ Are Americans living healthier lives? ]

It may not have been easy for Blue Cross Blue Shield to admit to their clients their premiums are set to rise by 60% due to Supreme Court-mandated tax known as "Obamacare" but it would have been the right thing.
Instead, in justifying the boost to the two-month medical premium from $867 to $1.365, the health insurer decided to use the following excuse: "With advances in medical technology, prescription drugs and ways to treat injuries and illnesses, Americans are living healthier lives. [i.e., living longer] Because of these changes, we must adjust your premium to stay in line with increased costs."
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 [ This is what we called “normality”= uncertainty of boom & crashes ]

Over the past few years three things have 'worked' - Buybacks, Biotechs, and Buying IPOs. Those days are now over...
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Fiat Chrysler Admits Under-Reporting Deaths & Injuries To NHTSA Submitted by Tyler Durden on 09/29/2015 [ In the land of liars.. the least liar is a criminal.. so, welcome VW, Toyota & Honda ]

Yet another auto-maker has lied. Fiat Chrysler Automobiles US says in a statement that it has identified deficiencies in its TREAD reporting .. One cannot help but wonder what came first, a leak or some conscience?

IF NO reporting the number of deaths and injuries, Does it make the automaker responsible for them?. NOT, it is the leak that makes them responsible. If they would up pay to hide the report.. no felony & nor crime at all. This is “our” America. Que vivan nuestros “life insurers”, they’re our hijos-d-p ]
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[ In the land of clowns .. the best is the one that makes you laugh your ass ]

"The people that want to come in and replace Assad, nobody knows who they are and if they could end up being worse. We're constantly going out and siding with people and they turn out to be worse than the people who were there before."  [ Esto pertenece al teatro del absurdo.. mejor aun: al circo de lo  absurdo ]
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[Urge el desmontaje de la ojivas nucleares. Es Mr Trump from CAL? .. IF, que el lidere la causa ]

The United States government deliberately hid “the worst nuclear disaster in U.S. history,” according to experts and an in-depth investigation by NBC4 Southern California. Whistleblowers have also come forward to expose the little-known catastrophe, which occurred north of Los Angeles in 1959 and leaked over 300 times the allowable amount of radiation into surrounding neighborhoods. That contamination is now linked to up to a 60% increase in cancer in the area, but the government still refuses to acknowledge its colossal mistake.
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Carl Icahn Says Market "Way Overpriced", Warns "God Knows Where This Is Going". Submitted by Tyler Durden on 09/29/2015 [God? .. we know we are going “a la merda” ]

"They don't understand the treacherous path they are going down. God knows where this is going. It's very dangerous and could be disastrous."  [ With QE, bailouts & interest rate high.. “al inferno” ]
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[ The neoliberal system –Washington Consensus 1985- was & is the mistake. Solution: FDR G-S Act ]

If Congress understood the Austrian theory of the business cycle, it would have allowed the recession that followed the housing bubble’s inevitable collapse to run its course. Recessions are the economy’s way of eliminating the distortions caused by the Federal Reserve. Attempts by Congress and the Fed to end a recession via inflation and government spending will only lead to future, and more severe, economic downturns.
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Submitted by Tyler Durden on 09/29/2015 - 07:50
  • Commodities in crisis as Asian shares tumble and shipper files for bankruptcy (Reuters)
  • Global Rout Eases as S&P 500 Futures Advance With Oil, Glencore (BBG)
  • Chinese Stocks Decline Most in a Month in Hong Kong on Economy (BBG)
  • India cuts interest rates by more than expected (BBC)
  • Glencore Rebounds as $50 Billion Plunge Is Seen as Excessive (BBG)
  • How Congress May Have Saved Goldman Sachs From Itself (BBG)
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INFORMATION CLEARING HOUSE 


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GLOBAL RESEARCH


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NOTICIAS EN SPANISH


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Europa. Pasiones por los migrantes. Immanuel Wallerstein
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Cuba.  -De Miami a New York.  Los frustrados no llenan un autobús. Iroel Sánchez
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PRESS TV


Saudi Arabia threatens to attack Syria. Wed Sep 30, 2015 Saudi Arabia threatens to attack Syria if President Bashar al-Assad does not leave office.
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‘NATO forced France to cancel Russia deal’. Wed Sep 30, 2015 France has admitted that NATO forced it out of a deal on the sale of two Mistral warships to Russia.
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New test can detect all viruses. Tue Sep 29, 2015 Scientists have developed a new test capable of diagnosing virtually any virus known to infect people and animals.
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Russia raps US-initiated anti-terror summit. Tue Sep 29, 2015 Russia criticizes as “disgraceful” the holding of a US-initiated anti-terrorism summit at the United Nations.
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Kerry defends decision not to strike Syria. Tue Sep 29, 2015 US Secretary of State John Kerry has defended President Barack Obama's decision not to attack Syria in 2013.
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