MAR 24 16 SIT EC y POL
..
This is what Sanders
have been denouncing over and over .. and
It is the main reason why we shout vote him more than ever ..
Not other candidate representing the 1% will be able to defend this thesis.
It is the main reason why we shout vote him more than ever ..
Not other candidate representing the 1% will be able to defend this thesis.
..
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Shuttered polling places, endless
lines, and widespread disenfranchisement—particularly for minority communities.
[ Hillary knew this FACT .. anyway she declared her victory .. Fraud is a lack of ethics.]
..
By Lauren McCauley. Common Dreams 23 March 2016. & Global Research, March
24
..
Hillary Clinton
claimed victory in the state’s Democratic primary, thousands of voters were
left out to dry, with shuttered polling places, endless lines, and widespread
reports of disenfranchisement.
..
In Maricopa County,
which includes the capital Phoenix, voters waited
up to five hours to cast a ballot after the County Elections Office slashed the
number of polling sites from 200 in 2012 to just 60 this year. As the state’s
most populous county, this amounted to more than 20,000 voters for every
available polling location.
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ZERO HEDGE
ECONOMICS
THE
HEALTH INSURANCE SCAM: "COVERAGE" DOESN'T MEAN AFFORDABILITY OR
ACCESS Submitted by Tyler Durden on 03/24/2016
[ FACT the Obama care is better than nothing.. but it
must be better. ]
..
The U.S. healthcare system as we know it is likely to
collapse within the next decade. The sucker American public can only be
milked so long.
[ Some GOP want it to terminated
now .. not to improve it .. GOP & Hillary serves the Pharma.]
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These
Are The 8 Biggest Barriers To Economic Growth . Submitted by Tyler
Durden on 03/24/2016. by
John Mauldin via MauldinEconomics.com,
Here How
supporters of the 1% thinks on current crisis
What are the barriers to productivity growth, and what can
we do to remove them? Not surprisingly, most barriers are the result of
counterproductive government policies.
Brief
Extract
Barrier #1:
Government Interference
Barrier #2: The
Dodd-Frank Financial Regulations
Barrier #3: Obamacare
Barrier #4:
Energy Subsidies
Barrier #5:
Taxes
Barrier #6:
Income-Based Social Programs
Barrier #7:
Immigration Terms
Barrier #8:
Public Schools
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If the four structural trends highlighted below don't
reverse, the middle class is heading
for extinction.
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Extracts:
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Everyone knows the middle class is fading fast. I've covered this issue in depth for
years, for example: Honey, I Shrunk the Middle Class: Perhaps 1/3 of Households
Qualify (December 28, 2015) and What Does It Take To Be Middle Class? (December 5, 2013)
..
This raises an obvious question: what killed the middle
class? While many commentators try
to identify one killer cause (for example, the U.S. going off the gold standard
in 1971), the die-off of the middle class is more akin to the die-off in honey
bees, which is the result of the interaction of multiple causes (factors that
increase the toxic load dumped on bees and other pollinators by modern
agriculture).
..
So where do we begin this detective story? With the
engine of all real prosperity, productivity. This chart reveals that wages stopped rising with productivity around
1980.
Here's another look
at the same phenomenon. Image location: http://www.oftwominds.com/photos2015/productivity8-15.png
..
and this other one on
“Productivity has been slipping since
around 2003: Alan Greenspan:"Productivity is Dead” . Image
location: http://www.oftwominds.com/photos2016/productivity2a.png
SO, LET’S SUMMARIZE CAUSES
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Cause #1: declining productivity, which means the pie of
real wealth is no longer expanding.
Exhibit #2: middle class wage earners have not received
any of the gains. Wages as a
percentage of GDP have been falling for decades, with occasional blips up in
tech/housing bubbles:
See : Wages & Salaries as % of GDP (2015.June, 30). Image
location: http://www.oftwominds.com/photos2015/GDP-wages8-15a.png
Inflation-adjusted household
income has dropped back to levels first reached in the 1980s. Image
location: http://www.oftwominds.com/photos2015/household-income8-15.png
More recently, wages have
actually declined, regardless of educational attainment: Image at: http://www.oftwominds.com/photos2015/declining-wages.png
Income gains have all flowed to
the top 10%, with most of the gains being concentrated in the top 5% and
top 1%: Image location at: http://www.oftwominds.com/photos2015/income-growth4-15.png
If the middle class didn't
receive any of the gains, who did? ANSWER: Corporate profits have soared to unprecedented levels: See image at: http://www.oftwominds.com/photos2016/corp-profits3-16c.png
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Cause #2: all the gains in the
economy have flowed to corporations and the top 10% of financiers, managers and
technocrats.
But wait a minute--hasn't the
rising stock market enriched the middle class? SHORT ANSWER:
no. Middle class
household wealth has absolutely cratered since the top of the housing bubble in
2007, and hasn't recovered. See image location at: http://www.oftwominds.com/photos2015/middle-class-wealth.png
Why? Middle class wealth is based
not in stocks but in the family home. The middle class does not own
enough financial assets to have participated in the latest stock market bubble,
while the majority did not recover the wealth lost in the housing bubble bust. This
is the cost of allowing the financial sector to financialize housing and
mortgages in the 2000s. See image on Ownership of Society
at: http://www.oftwominds.com/photos2016/ownership-assets2-16.jpg
..
Cause #3: the middle class
doesn't own the "right" assets to benefit from systemic
financialization and financial speculation.
How about rising costs? The federal agencies tasked
with measuring inflation assure us inflation is near-zero. But these measures
underweight big-ticket costs like healthcare and higher education, where costs
have exploded higher, greatly increasing the burden on the middle class: See image at: http://www.oftwominds.com/photos2015/higher-education8-15.png
..
Cause #4: soaring costs of
big-ticket expenses such as higher education and healthcare. Saving
$10 on cheap jeans imported from Asia does not make up for 135% jumps in
tuition and college fees, and $100 decline in the cost of a laptop computer
does not make up for healthcare insurance and out-of-pocket expenses in the
tens of thousands of dollars per household.
Correspondent Kevin K. submitted this article and
accompanying note: Colleges with the biggest tuition hikes (my ala mater
University of Hawaii-Manoa clocked in with an increase of 137% since 2004.)
"It looks like the article linked above didn't do
much research since:
University of California Davis
2004 in-state tuition $5,684
2015 in state tuition $13,951
Percentage increase 145.44 percent"
University of California Davis
2004 in-state tuition $5,684
2015 in state tuition $13,951
Percentage increase 145.44 percent"
There is no way middle class
households with declining real incomes can pay soaring costs imposed by
state-enforced cartels and gain ground financially. If the four
structural trends highlighted above don't reverse, the middle class is heading
for extinction, the victim of financialization, the glorification of financial
speculation via central bank-central state policies, the decline of
productivity and rising costs imposed by state-enforced cartels.
Gordon T. Long and I discuss the decline of the middle class
and other key topics: Listen VIDEO at: https://youtu.be/-BBL-fJd9Lo
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Still hovering near 43 year lows, initial jobless claims
printed a better than expected 265k against expectations of 269k.
Continuing claims also dropped from 2.218m to 2.179m - also back near 43 year
lows. So, the mystery is - why is the ISM's composite manufacturing and
services employment index collapsing to 6 year lows?
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Stocks
Slammed Into Red For 2016; Bond Yields Plunge Most In 6 Months; Gold Bouncing
Back. Submitted by Tyler Durden on 03/24/2016 : The
last two days have seen 30Y yields plunge over 12bps (the biggest move since
September's Fed fold) to one-month lows. At the same time, thanks to The
Fed's hawkish jawboning, stocks are dumping also with The Dow joining the rest
in the red for 2016. Gold is rallying back from its monkey-hammering yesterday
but remains the laggard post-Fed. The
long bond is the big winner post-Fed!
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QUICK NEWS ON ECONOMICS IN ZERO HEDGE
Altanta
Fed GDP Forecast Tumbles To 1.4% To Justify Fed's Downbeat Outlook On Economy. Submitted by Tyler Durden on 03/24/2016
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"Worst
May Be To Come" Services PMI Signals "Softest Expansion Of New
Business Since 2009". Submitted
by Tyler Durden on 03/24/2016 : "The
US economy is going through its worst growth spell for three and a half
years...and the worst may be to come as the greatest concern is the
near-stalling of new business growth."
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The
Stock Market Is A Monetary Policy Junkie - Quantifying The Fed's Unprecedented
Impact On The S&P. Submitted by Tyler
Durden on 03/24/2016 : The bulls will presumably argue that
this Fed impact is now part of the accepted wisdom, .. The bears will
suggest that if ever there were a time for the scales to fall from
investors’ eyes, then this is it. We
are inclined to the latter view. Betting on the
Fed’s ability to generate continued market levitation seems like a dangerous
game to us, but as Newton
long ago opined, “I can calculate the motion of heavenly bodies, but not the madness of
people.”
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Core
Durable Goods Tumble For 13th Month, Longest Non-Recessionary Stretch In 70
Years. Submitted by Tyler
Durden on 03/24/2016 : Durable Goods New Orders (Ex-Transports) or
so-called "Core" durable goods dropped 0.5% YoY, extending its losing
streak to 13 months. This is the longest streak in the history of the
series with no recession.
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The
Next Critical Level For The S&P: Stay Above 2,028 Or Channel Support Is
Broken. Submitted by Tyler
Durden on 03/24/2016. : Similar
to early November, confirmation of a near-term S&P 500 peak could come on a
close below rising channel support near 2028 with daily Williams %R
moving out of overbought.
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Why
"It’s Hard Being A Bear". Submitted by Tyler
Durden on 03/24/2016.
It is always hard to buck the crowd, to be a bear when
the market is up this much, this fast. The bulls are out there yapping about how this was just another
correction, another dip to buy and that we better get back in, yada, yada. What
makes being bearish so hard is the noise of the perpetually bullish street, the
lure of easy money in a market you know is overvalued but keeps going higher.
Like JM Keynes "I change my mind when the facts
change." Despite the rally, the facts
– at least for now – still favor the bears.
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Submitted by Tyler
Durden on 03/24/2016 - 07:20
- Belgium hunts 'third man' after Islamic State bombings (Reuters)
- Number of Attackers, Key Details of Brussels Assaults Remain Unclear (WSJ)
- Surviving Paris attacks suspect wants to return to 'explain himself': lawyer (Reuters)
- Brussels Suicide Bomber Slipped Terror Net (WSJ)
- Dollar rise hits commodities as Fed talks of tightening (Reuters)
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U.S.
Futures Slide, Crude Under $39 As Dollar Rallies For Fifth Day. Submitted by Tyler Durden on 03/24/2016 :
Following yesterday's dollar spike which, which topped the longest rally
in the greenback in one month, the prevailing trade overnight has been more of
the same, and in the last session of this holiday shortened week we have seen
the USD rise for the fifth consecutive day on concerns the suddenly hawkish Fed
(at least as long as the S&P is above 2000) may hike sooner than expected,
which in turn has pressured WTI below $39 earlier in the session, and leading
to weakness across virtually all global risk assets.
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POLITICS
..
[ The major problem is that Hillary’s bubble start being burst
.. she is going to lose California & PA in April and split the electorate
of NY that will put Sanders above in pledge delegates .. If super-delegates do
not make the adjust to people’ vote .. then we will have two choices: 1- Sanders
will be press nation-wide to get out from Dems Party and lead the NATIONAL
FRONT to RE-BUILD AMERICA. If Sanders still plan to give away people vote to
the 1% representative (Hillary) .. then 2 new leaders will lead a National
Front against the 1% and he will be accused of betraying people’ expectation .. Sanders’ electorate
will go with the Front.. The lesser evil
between Trump & Hillary is Trump of course, he is in favor of peace &
this social Mov will do the job. With Dems divided Hillary won’t be able to
face Trump and she will lose the Presidence in Nov 4. .. 2- If the
super-delegates make the adjustment in favor of pledge votes, then Sanders will
be nominated as Dem’s party and will defeat Trump the 4th of Nov. In
this case the by-partisan system will be saved. In the option 1 the by-partisan
system will be crush because the GOP will be divided too by Ted Cruz as leader
of the conservative sector. So, there are not 8 major election problems
ahead but only two: save the system vs. dumped.]
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ME & WORLD ISSUES
What
Oil Production Freeze: Russia Just Revealed The Laughable Loophole In The OPEC
"Agreement" Submitted by Tyler Durden on 03/24/2016
Russia will export more oil to Europe in April than it has
in any month since 2013 - despite Moscow's plan to sign a global agreement on
freezing production in a bid to lift the price of crude. Asked what would be
covered by the agreement, Russian Energy Minister Alexander Novak told
reporters: "The discussion is only about freezing production. And not
exports."
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US
Marines Enter Ground Combat in Iraq to Defend Oil Fields. Submitted by Tyler
Durden on 03/24/2016 : Even as Pentagon officials have sought to
emphasize their claims of ISIS being “on the run,” ever more US ground
troops are being deployed into Iraq to try to cope with ISIS offensives,
with the battle of Makhmur leading to the introduction of US Marines in
front-line combat roles.
[ Ver para creer dijo
un ciego .. y miró. .. There is not hard evidences that the US is not supporting
ISIS. .. The US
policy was defeated in Syria .. and better to quit now from Iraq.]
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Brussels
Suicide Bombers Planted Hidden Camera At Home Of Top Belgium Nuclear Official. S-by Tyler Durden on 03/24/16
[ BRUSSELS’ TERRORISM WAS SCUM .. Merkel suspected.. with
possible US support.]
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'Caged'
Refugees Say They Will Jump In Sea If Deported. Submitted by Tyler Durden on 03/24/2016.
"Turkey is a bad country, sorry about that,
but it’s a bad country," he said. "If they send us back from Turkey, Turkey
will send us back to Iraq or Syria. We’ll die in Iraq, we’ll die in Syria."
[ This humanitarian
catastrphy will affect US elections & Trump will take advantage of it.]
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GLOBAL RESEARCH
A
Lesson from Brussels We Refuse to Learn. By Jonathan Cook.
& Foreknowledge?
Belgian Authorities Had “Precise Intelligence Warnings” of Brussels Bombings
By Stéphane Hugues
and Alex Lantier
& Paris,
Brussels… The Role of “Massive Casualty Producing Events”. The Roadmap to a
Police State by Prof Michel
Chossudovsky, &
Terms
of Terror: What the Brussels Attacks Mean By
Dr. Binoy Kampmark,
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“Controlled
Chaos” as an Instrument of Geopolitical Warfare and “Color Revolutions”. By Dr. Vladimir Prav.
South Front 23 March
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Shuttered polling places, endless
lines, and widespread disenfranchisement—particularly for minority communities.
By Lauren McCauley. Common Dreams 23 March 2016. & Global Research, March
24
Hillary Clinton
claimed victory in the state’s Democratic primary, thousands of voters were
left out to dry, with shuttered polling places, endless lines, and widespread
reports of disenfranchisement.
In Maricopa County,
which includes the capital Phoenix, voters waited
up to five hours to cast a ballot after the County Elections Office slashed the
number of polling sites from 200 in 2012 to just 60 this year. As the state’s
most populous county, this amounted to more than 20,000 voters for every
available polling location.
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The
Clinton/Trump AIPAC ‘Pander-Off’. By Robert Parry,
March 24
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WASHINGTON BLOG
Nixon
Chief Policy Officer: We Created ‘War on Drugs’ to Oppress Blacks, Antiwar
Movement Posted on March 23, 2016 by Robert Barsocchini
According to Harper’s
magazine, John Ehrlichman, chief policy officer for Nixon, says
of the ‘war on drugs’ implemented by the regime:
“You want to know
what this was really all about?
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RECIPE
FOR COLLAPSE: RISING MILITARY AND SOCIAL WELFARE SPENDING. Posted on March 23, 2016 by Charles Hugh Smith
..
Whatever you think of former Fed chair Alan Greenspan, he
is one of the few public voices identifying runaway entitlement costs as a
structural threat to the economy and nation. We can summarize Greenspan’s comments very succinctly:there is no
free lunch. The more money that is siphoned off for entitlements, the less
there is for investment needed to maintain productivity gains that are the
foundation of future income generation: Greenspan: Worried About Inflation, Says “Entitlements Crowding
Out Investment, Productivity is Dead” (via Mish)
..
Many people look to the rising costs of the U.S. military
as the structural problem, and they
have a point: there is no upper limit on military spending, and the demands (by
the civilian leadership of the nation) on the services and the Pentagon’s
demands for new weaponry are constantly pushing budgets higher.
..
But the truth is entitlement spending now dwarfs military
spending: entitlements are more than
$1.75 trillion, half of all Federal spending, while the Pentagon, VA, etc.
costs around $700 billion annually.
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DEMOCRATIC
PARTY SUPERDELEGATES PROTECT THE ESTABLISHMENT From Uncorrupted Outsiders. Posted on March 23, 2016 by WashingtonsBlog Text and
artwork by Anthony Freda.
..
The 717 Democratic
Party insiders, a.k.a. Superdelegates are not bound to the will of the voters.Ten
percent of these Superdelegates are current or former lobbyists. Most of these
lobbyists have already committed to party favorite, Clinton.
Their votes could be
the deciding factor in a close election. The procedure was adopted to protect
the party establishment from “grassroots activists”. (a.k.a. uncorrupted
outsiders)
Democratic National
Committee Chair Debbie Wasermann Schultz said this about superdelegates (also
called unpledged delegates):
“…unpledged delegates exist to make sure
that party leaders and elected officials don’t have to be in a position where
they are running against grassroots activists…”
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NOTICIAS IN SPANISH
US Hillary Clinton va de neocon total en su
discurso ante el AIPAC demonizando a Irán y a los palestinos. Juan Cole
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ARG. El papa declasificará los archivos del Vaticano
sobre la dictadura argentina. Lo que queremos saber es cuál fue su role durante la Dictadura de Videla
.. lo apoyo o no con el silencio cómplice de la jerarquía eclesial argentina? ..
hay algo de eso en los archivos del Vati?
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PRESS TV
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