NOV 5 15 SIT EC y POL
ZERO HEDGE
ObamaTrade
Details Unveiled, Officials Warn "It's Worse Than We Thought". Submitted by Tyler
Durden on 11/05/2015
"The Trans-Pacific Partnership means that America
will write the rules for 21st century trade," according to President
Obama, but as Reuters
reports, U.S. unions, lawmakers and interest groups questioned the
long-awaited text of a landmark U.S.-backed Pacific trade deal on Thursday.
"It's worse than we thought,” Lori Wallach, director of Public
Citizen’s Global Trade Watch, told members and U.S. labor representatives said
the agreement contained weak, poorly worded or unenforceable provisions,
concluding "we do not believe those improvements are significant or
meaningful for workers." It appears, that ObamaTrade may be a boon for
factory and export economies like Malaysia and Vietnam, but - as expected -
will achieve little for the average joe in America.” www.zswrohedge
[ TTP is scam … preliminary reports indicate that as soon the
text is published .. it will be rejected by people’s referendum in the South ]
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Saudis
Bring Oil War To Europe With Largest Price Discount Since 2009. S- by Tyler Durden on 11/05/15
[ DIME CON QUIEN
ANDAS Y TE DIRE QUIEN ERES, reza un dicho popular en el Sur ]
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When
Collapse Is Cheaper And More Effective Than Reform. by
Charles Hugh-Smith of OfTwoMinds blog, Submitted by Tyler
Durden on 11/05/15
[ Very interesting
art. Here only extracts ]
“Collapse begins when real reform becomes
impossible.”
We all know why
reforms fail: everyone whose share of the power and money is being crimped by
reforms fights back with everything they've got.
Reforms that can't
be stopped by the outright purchase of politicos are watered down in committee,
and loopholes wide enough for jumbo-jets of cash to fly through are inserted.
The reform
quickly becomes "reform"--a simulacrum that maintains the facade of fixing what's broken while
maintaining the Status Quo. Another layer of costly bureaucracy is added, along
with hundreds or thousands of pages of additional regulations, all of which add
cost and friction without actually solving what was broke
This generates a
ratchet effect, where costs increase even as the bureaucracy's output
declines. The ratchet effect
can also be visualized as a rising wedge, in which costs and inefficiencies
continue rising until any slight decrease in funding collapses the
organization.
..
Since the
constituent parts refuse to accept any real reforms, the entire system
implodes. We can look at
healthcare, higher education and the National Security State as trillion-dollar
examples of systems that become increasingly costly even as their performance
declines or falls off the cliff.
..
This is the
lesson of history, as described in the seminal book The Upside of Down: Catastrophe, Creativity, and the Renewal of
Civilization.
..
Collapse does not
need to be complete or sudden. Collapse tends to be a process, not an event.
Collapse begins
when you can't find any doctors willing to accept Medicaid payments, when the
potholes don't get filled even when voters approve millions of dollars in new
taxes, and when kids aren't learning anything remotely useful or practical
despite the school board raising tens of millions of dollars in additional
property taxes.
..
Collapse begins
when real reform becomes impossible.
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Americans'
"Comfort" Plunges Most Since February Despite Surging Stocks. Submitted by Tyler
Durden on 11/05/2015 [ Here one more description of the US crisis .. for those who
didn’t notice it ]
“US equities are surging, talking heads are exuberant, and
China's fixed - so why are Americans so miserable? Bloomberg's Consumer
Comfort index plunged the most since February in the last week, near 2015 lows
as it appears The Fed is rapidly realizing "you can fool all the
people some of the time, but you cannot fool all the people all the time."
It appears the cohort that 'gave up' the most in the past week was 'black'
Americans, whose comfort plunged below 'white' Americans for the first time in
over a month.” www.zerohegde
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How
One Retailer Is Preparing For The Apocalypse. Submitted by Tyler Durden on 11/05/2015
“The Financial
Times catches up to the story of an "online retailer hoarding gold as
crisis defense" in which it calls the retailer a "redoubt of
doomsday conservatism" adding its policy to prepare for the loss of
central-planning control is "redolent of the small band of US
survivalists preparing for the end of civilisation."
HOW? They buy gold and silver
coins as an insurance policy against financial apocalypse" and that it
keeps "precious metals outside the banking system so the company could pay
employees even if lenders slammed shut in a crisis..." said FT Financial
Times. Others buy bitcoins, “the virtual currency, and its immunity from
government money-printing." http://www.zerohedge.com/news/2015-11-05/how-one-retailer-preparing-apocalypse
[ We can read this art in a different way: Como
las tiendas grandes y medianas se preparan para el final del canibalismo
neoliberal? Compran monedas de oro,
plata y bitcoins. Que del pueblo, como se preparan estos. .. Simply, no se preparan
porque no tienen tiempo para informarse sino solo para sobrevivir con dos o
tres trabajos a tiempo parcial y mal pagados .. Es la realidad. ]
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CIA,
Saudis To Give "Select" Syrian Militants Weapons Capable Of Downing
Commercial Airliners. Submitted
by Tyler Durden
on 11/05/2015
[ who are the terrorists above?
ISIS are below & here an answer to who are the ones at the top ]
“Wednesday brought a veritable smorgasbord of “new”
information about the Russian passenger jet which fell out of the sky above the
Sinai Peninsula last weekend.
First there was an audio recording from ISIS’ Egyptian
affiliate reiterating that they did indeed “down” the plane. Next, the ISIS
home office in Raqqa (or Langley or Hollywood) released a video of five guys sitting in the front yard
congratulating their Egyptian “brothers” on the accomplishment.
Then the UK grounded
air traffic from Sharm el-Sheikh noting that the plane “may well” have had
an “explosive device” on board.
Finally, US media lit up with reports that according
to American “intelligence” sources, ISIS was probably responsible for the
crash.
Over the course of the investigation,.. the contention that
ISIS (or at least IS Sinai) has the technology and/or the expertise to shoot
down a passenger jet flying at 31,000 feet has been discredited by “experts”
and infrared
satellite imagery.
With the Pentagon now set to deploy US ground troops to
Syria (and indeed they may already be there, operating near Latakia no less),
Washington is reportedly bolstering the supply lines to “moderate” anti-regime
forces at the urging of (guess who) the Saudis and Erdogan.
Incredibly, some of the weapons being passed out may be
shoulder-fire man-portable air-defense systems, or Manpads, capable of hitting
civilian aircraft.
But don’t worry, those will only be given to “select
rebels.” Here’s more
from WSJ:
“In the past month
of intensifying Russian airstrikes, the CIA and its partners have increased the
flow of military supplies to rebels in northern Syria, including of U.S.-made
TOW antitank missiles, these officials said. Those supplies will
continue to increase in coming weeks, replenishing stocks depleted by the
regime’s expanded military offensive.
In addition to the arms the
U.S. has agreed to provide, Saudi and Turkish officials have renewed talks with
their American counterparts about allowing limited supplies of shoulder-fire
man-portable air-defense systems, or Manpads, to select rebels. Those weapons
could help target regime aircraft, in particular those responsible for dropping
barrel bombs, and could also help keep Russian air power at bay, the officials
said.
US
Intelligence agencies are concerned
that a few older Manpads may already have been smuggled into Syria through
supply channels the CIA doesn’t control.
If that sounds insane to you, that’s because it is.
Even as US intelligence (which we can only assume emanates from the CIA)
indicates that IS Sinai likely brought down a Russian passenger jet with 224
people on board, the same CIA is working with the Saudis to supply “select
rebels” with weapons capable of shooting down commercial airliners.
Make no mistake, this has gone beyond absurd and is now
bordering on the bizarre. It’s apparently not enough that the US is supplying
anti-tank missiles to rebels shooting at the very same Iran-backed militias
that the US implicitly supports across the border in Iraq so now, the CIA and
Saudi Arabia will give these rebels the firepower to shoot down planes, meaning
that in the “best” case scenario they’ll be firing at Russian fighter jets, and
in the worst case scenario these weapons will end up in the “wrong” hands and
be used to down commercial flights.
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Submitted by Tyler Durden on 11/05/2015 - 07:38
- BOE Stays Cautious on Rate-Hike Timing as Inflation Outlook Cut (BBG)
- China Enters Bull Market (WSJ)
- Britain says Islamic State likely brought down Russian plane (Reuters)
- Dollar jumps as markets fix on December rate expectations (Reuters)
- Activist Investor Bill Ackman Plays Defense (WSJ)
- BOJ Survey Data Reveals Signs of Growing Inequality in Japan (BBG)
- UAW Warns of General Motors Strike If Workers Fail to Approve Contract (WSJ)
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Econ summary of the
day:
S&P
Futures Spike Back Over 2100 On Central Banks, Yen Carry Levitation, China Bull
Market. Submitted by Tyler
Durden on 11/05/2015
“For those eager to cut to the chase and curious if
overnight we have had another standard USDJPY ramp levitating US equity futures
on low volume, the answer is yes. And since the USDJPY carry was patient
enough, it managed to trigger the 2100 ES stops and as of this moment the
futures were comfortably on the politically-correct side of 2100.” www.zerohedge
===
INFORMATION CLEARING HOUSE
What’s the Big Deal Between Russia and the
Saudis?. By Pepe Escobar. A paranoid House of Saud feels
betrayed by their American protectors who, under the Obama administration, seem
to have given up on isolating Iran.
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Towards a
Reversal of the Situation in the Near East. By Thierry Meyssan
There is no proof that Moscow will accept the stabilisation
of Syria or ignore the partition of Turkey and Saudi Arabia which are soon to
begin
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The Perils
of Obama's Latest Undeclared War. By Conor Friedersdorf
This should perturb even proponents of a U.S. war against
ISIS
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"The TPP is a disaster for jobs, and environment and
our democracy. It is the latest stage in the corporate capture of our society,”
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GLOBAL RESEARCH
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NOTICIAS IN SPANISH
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PRESS TV
House
bill bars Obama from closing Gitmo.
Thu Nov 5, 2015 The US House has passed a $607 billion defense bill that
hampers efforts to close the notorious Guantanamo Bay military prison. [ y PORQUE PROMETIO LO QUE NO PUEDE HACER?..
acaso solo porque quiere ganar el voto de los latinos dentro del pais para el
Pdo democrata?.. Si es asi, su polÃtica exterior sigue siendo una farsa .]
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NATO
hints at deployment against Russia. Thu Nov 5, 2015 NATO suggests it
might station permanent military units in its member states against what it
calls threats from Russia.
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‘Escort
vehicle hits US nuclear warhead’. Thu Nov 5, 2015 An astonishing video
has surfaced showing an armored vehicle colliding into a nuclear warhead in the
United States.
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US
national debt up by $339bn in one day. Thu Nov 5, 2015 The US national
debt has seen an astronomical increase in only one day.
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Americans
reject Obama’s ISIL plan: Poll. Thu Nov 5, 2015 The majority of
American public does not favor President Obama’s policies against the Daesh
(ISIL) terrorist group.
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France
‘to deploy warship’ to Mideast. Thu Nov 5, 2015 France says it will
deploy the nuclear-powered Charles de Gaulle aircraft carrier on an alleged
anti-Daesh mission.
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