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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Forget
Glencore: This Is The Real "Systemic Risk" Among The Commodity
Traders. Submitted by Tyler
Durden on 09/29/2015
[ 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.
Source: http://www.zerohedge.com/news/2015-09-29/forget-glencore-real-systemic-risk-among-commodity-traders
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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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Investment
Grade Credit Risk Hits 2 Year High (And Why That's A Disaster For Stocks).
Submitted by Tyler Durden on 09/29/2015
[ 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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Trump
Sides With Putin On Syria: "You Should Let Russia Destroy ISIS As Opposed
To Saying 'We're Jealous'". Submitted by Tyler
Durden on 09/29/2015
[ 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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The
Worst Nuclear Disaster In US History That You’ve Never Heard About. Submitted
by Tyler Durden on 09/29/2015
[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” ]
----
Ron
Paul Rages "They" Refuse To Learn From Their Mistakes Submitted
by Tyler Durden on 09/29/15
[ 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.
----
38
Dead After Saudi Arabia - Head Of UN Human Rights Panel - Bombs Wedding In
Yemen, Submitted by Tyler
Durden on 09/29/2015 [ 130 according to UN report
]
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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
Washington
Never Joins a Coalition That It Cannot Control . By Pepe Escobar
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"Relations
Between Russia And The United States Are At A Fairly Low
Level". By Vladimir Putin
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GLOBAL RESEARCH
Obama
at the United Nations: Washington Prepares Heightened Aggression against
Damascus and Moscow . By Barry Grey,
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NOTICIAS EN SPANISH
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Europa. Pasiones por los migrantes. Immanuel Wallerstein
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Opinión. Las armas del imperio. Emir Sader
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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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