APR 12 16 SIT EC y POL
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Rocky Springer,
at one
of the news sites that did publish it, rinf.com (there were four, all very
small: those two, plus this
and this)
posted a comment calling my attention to yet a third federal criminal statute
that she was violating there:
18 U.S. Code §
2071 – Concealment, removal, or mutilation generally
..
(a)Whoever
willfully and unlawfully conceals, removes, mutilates, obliterates, or
destroys, or attempts to do so, or, with intent to do so takes and carries
away any record, proceeding, map, book, paper, document, or other thing, filed
or deposited with any clerk or officer of any court of the United States,
or in any public office, or with any judicial or public officer of
the United States, shall be fined under this title or imprisoned not more
than three years, or both.
..
IT IS TIME TO STOP HILLARY! .. NY: THE FUTURE OF US
DEMOCRACY IS IN YOUR HANDS! .. Say NO to corrupted War Criminals!! .. Say NO to
Hillary Clinton!!
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Submitted by Tyler Durden on 04/12/2016
Joining
the ranks of "broke lawyers" who can cancel their student debt,
"Americans with disabilities have a right to student loan
relief,” now according to Ted Mitchell, the undersecretary of
education, said in a statement. Almost 400,000 student loan borrowers will now
have an easier path to a debt bailout as Obama primes the populist voting pump
just in time for the elections.
MORE DETAILS in ZERO HEDGE POLITICS, below.
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ECONOMICS
Posted on April 12, 2016 by Charles
Hugh Smith
Here’s the problem in graphic form: from 1947 to
1979, the family income of the top 1% actually expanded less that the bottom
99%. Since 1980, the income of the 1% rose 224% while the bottom 80% barely
gained any income at all.
Globalization, i.e. offshoring of jobs, is often blamed
for this disparity, but as I explained in “Free”
Trade, Jobs and Income Inequality, the income of the top 10% broke away
from the bottom 90% in the early 1980s, long before China’s emergence as an
exporting power. .. Indeed, by the time China entered the WTO, the top 10% in
the U.S. had already left the bottom 90% in the dust.
The only possible explanation of this is the rise of
financialization: financiers and financial corporations (broadly speaking,
Wall Street, benefited enormously from neoliberal deregulation of the financial
industry, and the conquest of once-low-risk sectors of the economy (such as
mortgages) by the storm troopers of finance.
⇒ Keep Reading
⇒ Keep Reading
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ZERO HEDGE
ECONOMICS
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SocGen:
"Now We Know Why The Fed Desperately Wants To Avoid A Drop In Equity
Markets" Submitted by Tyler Durden on 04/12/2016
"The catalyst for a balance sheet crisis is rarely
the affordability of interest rates, so a 25bp rise in Fed rates is neither
here nor there. Credit market risk is about assessing the likelihood of
getting your money back. As such asset prices (i.e. equity markets) and
asset price risk (i.e. equity volatility) are far bigger concerns. So all
you need for a balance sheet crisis is declining equity markets, a phenomenon
the Fed appears desperate to avoid. Now we know why."
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Chart Of The Day - Wall Street Vs. Main Street. Submitted by Tyler Durden on 04/12/2016
For those of us who recall how the mainstream media,
compromised pundits and Wall Street welfare babies “sold” us on the
unconscionable banker bailouts, we vividly remember a constant
repetition of the invented and preposterous mantra that “helping
Wall Street in turn helps Main Street.” This fantastical idea that the
fortunes of Wall Street and Main Street are inextricably linked is, of
course, total garbage and always has been.
..
Now here’s a visualization of how badly Main Street has
performed vs. Wall Street:
Here a quick view of that image:
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Submitted by Tyler Durden on 04/12/2016
The closing price of the S&P 500 on June 30, 2013 was
$1,618. Today the index stands at $2,066, a 28% premium. To put it
bluntly, investors today are paying an extra $450 per share for less.
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Submitted by Tyler Durden on 04/12/2016
"The catalyst for a balance sheet crisis is rarely
the affordability of interest rates, so a 25bp rise in Fed rates is neither
here nor there. Credit market risk is about assessing the likelihood of
getting your money back. As such asset prices (i.e. equity markets) and
asset price risk (i.e. equity volatility) are far bigger concerns. So all
you need for a balance sheet crisis is declining equity markets, a phenomenon
the Fed appears desperate to avoid. Now we know why."
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Bernanke's
Former Advisor: "People Would Be Stunned To Know The Extent To Which The
Fed Is Privately Owned". Submitted
by Tyler Durden on 04/11/2016
Earlier today, former central bank staffer and Dartmouth
College economics professor Andrew Levin, special adviser to then Fed Chairman
Ben Bernanke between 2010 to 2012, said something shocking. "A lot of
people would be stunned to know” the extent to which the Federal Reserve is
privately owned." Is the truth finally starting to come out?
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US
Import Prices Tumble For 20th Month In A Row As China Exports Most Deflation
Since 2009. Submitted by Tyler
Durden on 04/12/2016
For the 20th month in a row, US Import Prices dropped YoY
(down a worse than expected 6.2% YoY) with China exporting deflation at the
fastest pace since 2009. The overall deflationary streak is the longest
since 1999.
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Submitted by Tyler Durden on 04/12/2016 - 07:40
- Gloomy start to results season hits shares (Reuters)
- Stocks Rise Around World as Commodities Advance; Bonds, Yen Drop (BBG)
- Oil hits 2016 high above $43 on producer meeting hopes (Reuters)
- Rosneft chief Igor Sechin says low oil prices will not last (FT)
- Banks Face Massive New Headache on Oil Loans (WSJ)
- Wells Fargo Misjudged the Risks of Energy Financing (BBG)
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MISSING NEWS from yesterday
19
Signs That American Families Are Being Economically Destroyed. S- by Tyler
Durden on 04/11/16
The systematic destruction of the American way of life is
happening all around us, and yet most people have no idea what is
happening.
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Fleecing The American Taxpayer: The Profit
Incentives Driving The Police State. Submitted by Tyler Durden on 04/11/2016
Everywhere you
go, everything you do, and every which way you look, we’re getting
swindled, cheated, conned, robbed, raided, pickpocketed, mugged, deceived,
defrauded, double-crossed and fleeced by governmental and corporate
shareholders of the American police state out to make a profit at taxpayer
expense. "The Founding Fathers never intended a nation where
citizens would pay nearly half of everything they earn to the government.”
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POLITICS
IT
BEGINS: OBAMA FORGIVES STUDENT DEBT OF 400,000 AMERICANS Submitted by Tyler
Durden on 04/12/2016
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The Department of Education will
send letters to 387,000 people they’ve identified as being eligible
for a total and permanent disability discharge, a designation that allows
federal student loan borrowers who can’t work because of
a disability to have their loans forgiven. The borrowers identified by the Department won’t have to go through
the typical application process for receiving a disability discharge, which
requires sending in documented proof of their disability. Instead, the borrower
will simply have to sign and return the completed application enclosed in the
letter.
..
If every borrower identified by the Department decides to have his or
her debt forgiven, the government
will end up discharging more than $7.7 billion in debt, according to
the Department.
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“Americans with disabilities
have a right to student loan relief,” Ted Mitchell, the undersecretary of education, said in a statement.
“And we need to make it easier, not harder, for them to receive the benefits
they are due.”
About 179,000 of the borrowers
identified by the Department are in default on their student loans, and of that
group more than 100,000 are at risk of having their tax refunds or Social
Security checks garnished to pay off the debt.
So it's a start - "broke
lawyers" , "the
poor" and "disabled Americans" get student debt relief. .. As
we detailed previously, however, this is a drop in the bucket...
Borrowers hold $1.2 trillion in federal student loans, the
second-biggest category of consumer debt, after mortgages. Of that, more than
$200 billion is in plans with an income-based repayment option, according to
the Department of Education and Moody’s Investors Service. For taxpayers the loans are "a
slow-ticking time bomb," says Stephen Stanley, a former Federal
Reserve economist who’s now chief economist at Amherst Pierpont Securities in
Stamford, Conn.
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The Congressional
Budget Office estimates that, for loans originated in 2015 or after, the
programs will cost the government an additional $39 billion over the next
decade.
So that's a $39
billion taxpayer loss just on loans originated this year or later, and that
could very well rise as schools begin to figure out that they can effectively
charge whatever they want for tuition now that the government is set to pick up
the tab for any balances borrowers can't pay (which incidentally is precisely
what we
said in March).
* * *
And
finally, as a reminder, if things don't
change, Student Debt could be $17 trillion by 2030...
Student Loan Debt is a cancer for our society. This misconception that getting a college
education equals a steady career has been dashed by the recession. For-profit
colleges pray on undereducated and low-income individuals. Text book prices
have risen exponentially while the cost of a quality education has as well.
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SEE CHART- IMAGE LOCATION AT:
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Rich
Flee "Crime Infested Hell Hole" Chicago Amid Racial Strife, Civil
Unrest. S- by Tyler Durden on 04/12/2016
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As time goes on the city of Chicago is rapidly turning
into a crime
infested hell hole, rife with poverty, debt,
and racial tension. The city is well on its way to joining the likes of
Detroit, and there may be no escaping that eventuality. That’s why many of the
city’s wealthy elites are getting the hell out of there. The Chicago
Tribune reports that roughly 3,000
millionaires have left the city over the past year alone, which
amounts to about 2 percent of their wealthy population. This is the
largest exodus of wealthy people in the United States, and one of the largest
in the world.
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Swiss Bank Whistleblower Claims PANAMA PAPERS WAS A CIA OPERATION
Submitted by Tyler Durden on 04/12/2016
This just further confirms my belief that this whole “leak”
isn’t what we are being told. This is the work of an intelligence agency
working on behalf of a particular government, not on behalf of the public.
Don’t be duped.
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Active
Managers Defeated... Globally... Again. Submitted by Tyler
Durden on 04/12/2016
NICE IMAGE: useful to visualize Obama’s foreign policy .. Specially
with ISIS
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ME & WORLD ISSUES
Russia's Dmitry Peskov just issued a statement that
"there is hope" for a deal at Doha. This sent stocks and crude
jumping once again... even though we suggest "hope" for a deal
is not "a deal."
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As
Ukraine Collapses, Europeans Tire of US Interventions . Posted on April 11, 2016 by WashingtonsBlog
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On Sunday Ukrainian prime minister Yatsenyuk resigned, just
four days after the Dutch voted against Ukraine joining the European Union.
Taken together, these two events are clear signals that the US-backed coup in
Ukraine has not given that country freedom and democracy. They also suggest a
deeper dissatisfaction among Europeans over Washington’s addiction to
interventionism.
..
According to US and EU governments – and repeated without
question by the mainstream media – the Ukrainian people stood up on their own
in 2014 to throw off the chains of a corrupt government in the back pocket of
Moscow and finally plant themselves in the pro-west camp. According to these
people, US government personnel who handed out cookies and even took the stage
in Kiev to urge the people to overthrow their government had nothing at all to
do with the coup.
..
When Assistant Secretary of State Victoria Nuland was
videotaped bragging about how the US government spent $5 billion to “promote
democracy” in Ukraine, it had nothing to do with the overthrow of the
Yanukovich government. When Nuland was recorded telling the US Ambassador in
Kiev that Yatsenyuk is the US choice for prime minister, it was not US
interference in the internal affairs of Ukraine. In fact, the neocons still
consider it a “conspiracy theory” to suggest the US had anything to do with the
overthrow.
⇒ Keep Reading
⇒ Keep Reading
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GLOBAL RESEARCH
TAPE URL https://youtu.be/8MKb35NK0F0
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Free
Trade Agreements, Tariffs and Tax Reductions: “Squeezing the Lemon Dry” on
Behalf of Giant Corporations By Caoimhghin Ó
Croidheáin,
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COUNTER PUNCH
The bombshell
publication of the “Panama Papers,” leaked from a Panama law firm specializing
in shell companies, has triggered both outrage and skepticism. In an April 3
article titled “Corporate Media Gatekeepers Protect Western 1% From Panama
Leak,” UK blogger Craig Murray writes that the whistleblower no doubt had good
intentions; but he made the mistake of leaking his 11.5 million documents to
the corporate-controlled Western media, which released only those few documents
incriminating opponents of Western financial interests.
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WASHINGTON BLOG
Goldman
and Wells Fargo FINALLY Admit They Committed Fraud, Posted on April 12, 2016 by WashingtonsBlog
Goldman Sachs has
finally admitted to committing fraud. Specifically, Goldman Sachs reached
a settlement yesterday with the Department of Justice, in which it admitted
fraud:
The settlement includes a statement of facts to which
Goldman has agreed. That statement of facts describes how Goldman
made false and misleading representations to prospective investors about the
characteristics of the loans it securitized and the ways in which Goldman would
protect investors in its RMBS from harm (the quotes in the following
paragraphs are from that agreed-upon statement of facts, unless otherwise
noted):
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Posted on April 12, 2016 by Eric Zuesse.
Rocky Springer, at one
of the news sites that did publish it, rinf.com (there were four, all
very small: those two, plus this
and this)
posted a comment calling my attention to yet a third federal criminal statute
that she was violating there:
..
18 U.S. Code § 2071 – Concealment, removal, or mutilation
generally
..
(a)Whoever willfully and unlawfully conceals, removes,
mutilates, obliterates, or destroys, or attempts to do so, or, with intent
to do so takes and carries away any record, proceeding, map, book, paper,
document, or other thing, filed or deposited with any clerk or officer of any
court of the United States, or in any public office, or with any judicial
or public officer of the United States, shall be fined under this title or
imprisoned not more than three years, or both.
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NOTICIAS IN SPANISH
NUEVA IZQUIERDA EN EL PODER ABRE
NUEVO CICLO HISTÓRICO EN PERÚ
LA LUCHA CONTINUARÁ Y CON MAYOR
FUERZA
Ent. De C-Morsolin a Luis Huaman de Peru
–Investigador FLACSO (Ec).
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EXTRACT:
P: Quiénes ganaron y quiénes perdieron en estas elecciones?
R:
Quienes perdieron en este proceso electoral fueron la Alianza Popular
(APRA), el PPC y Vamos Perú -Partido del Alcalde del Callao, Juan Sotomayor; y
si ha logrado tener entre cinco a seis curules en el congreso es porque el JNE emitió,
un día antes de las elecciones, que el porcentaje para no pasar la valla
electoral es de 5% y no del 7% como fija la ley de organizaciones políticas.
También perdió el PP de A.Toledo, que al no obtener el 5% no tendrá
representantes en el congreso. Además perdieron el resto de partidos como
Solidaridad Nacional, etc.
..
Quien sí ha ganado es el partido agonizante
Acción Popular con Alfredo Barnechea. Con el, AP re-ingresara a las elecciones
del 2021. Otro partido que ganó, es
Democracia Directa de Goyo Santos: ganó
no solo por acumular cerca de un 3%, sino también porque lo hizo en condición
de recluido, desde más de un año, desde el penal de Ancón L.
..
También ganó el Frente Amplio con Verónica
Mendoza, será la tercera fuerza mayoritaria del Congreso. Significa además, que
para el 2021 tanto Verónica como Goyo seguirán representando las demandas,
alternativa y propuestas de la izquierda. Por lo que, el panorama para el 2021
ya cuenta con dos candidatos de Izquierda.
..
El sesgo pro-derecha del JNE fue lo mas lamentable.
Por ejemplo, no expulso del proceso electoral
al partido Fuerza Popular de Keiko Fujimori, pese a que hubo y se presentaron
pruebas dando dinero a los electores la víspera de las elecciones en que jugo
la selección Nacional. Ademas, un dia antres de las elecciones cedió a demandas
del APRA para rebajar la valla electoral del 7 al 5%. Asi el APRA, PPC y Vamos
Perú obtendrán de 5 a 6 curules al Congreso. En suma: hubo elecciones con JN
sesgado, donde no todos fueron medidos con las mismas reglas.
P: ¿qué se espera de la segunda vuelta y el 2021: Cambio o continuidad?
R:
Suponiendo que las elecciones se decidan entre
Keiko Fujimori de Fuerza Popular y Pedro Pablo Kuczynski por Peruanos por el
Cambio, lo más probable es que gane PPK, dado que Keiko Fujimori no tendría
apoyo del Frente Amplio, que está en tercer lugar, ni de Acción Popular que
está en cuarto lugar, y menos del partido de Alan García. Es decir, en una
segunda vuelta, más de un 60% de votos iría para Peruanos por el Cambio. [Si
nadie gana el 50%+1, quien decide? .. el actual Congreso..]
La izquierda con Verónica Mendoza ganó al estar
tercero en el Congreso, y fue eso que se esperaba. Un tercer lugar que da pie a
que la sociedad peruana este informada del proceso de la derecha. Si bien Keiko
gobernara sin mayoría en el Congreso, y considerando que PPK no tiene
diferencias sustantivas con su programa, es lógico concluir que habrá
cogobierno y continuismo en el Peru. La lucha de Veronica será en defensa de
los recursos naturales, y contra el negativo impacto ecológico del extractivismo
que mata el planeta. Estos y muchos otros, son los desafíos de la izquierda de
la izquierda del pueblo, de la izquierda con nueva voz , la de los excluidos.
LEA además la respuesta a las preguntas:
Pregunta: ¿qué pasará con la actividad
extractiva, los recursos naturales, y las poblaciones afectadas por los impactos
negativos del extractivismo?
Pregunta: ¿Qué piensa de los conflictos en
Cajamarca, Conga y Quilish, con un Frente Amplio en tercer lugar en el Congreso
de la Republica
..
…
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Sepa
más: de RT Betzabé Guzmán, corresponsal y
presentadora de los informativos
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PRESS TV
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