APR 29 16 SIT EC y POL
...
WHY TO BREAK HILLARY’ DEM PARTY?
Here one more reason: The
main purpose is to put down the bipartisan system, the real cause of fraud and
collapse of American democracy. Both parties –Dem & Rep are financed by billionaires
and they both represent the 1% of America. We have to make the 99% prevail in the electoral race. The only way is to create a 3rd option: the PEOPLE's FRONT. The top bureaucracy of both parties destroyed US democracy by buying
elections and imposing the rule of money over people will. With their money they
buy the corp press, and bribe the super-delegates and privatize elections with “closed
primaries”. By doing so, they denied US citizen their right to vote freely .. millions
of people were excluded in NY. By breaking the bipartisan system we are
cleaning our democracy from frauds & elites manipulation and we are
offering inclusion and real freedom to vote by installing a 3rd
electoral choice. Here starts the Revolution!!
US PEOPLE WILL WIN THIS FIGHT AGAISNT THE 1%.
US PEOPLE WILL WIN THIS FIGHT AGAISNT THE 1%.
….
....
WHAT
IS THE DEMOCRATIC PARTY GOOD FOR? ABSOLUTELY NOTHING Andrew Levine.
..
Within the matrix of our semi-established two party system,
Democrats do the most harm.
The Democratic Party
is, by default, the political voice of organized labor and of social movements
that fight for racial and gender equality, environmental sanity, and other
worthy causes.
..
Democrats can therefore do what Republicans cannot: integrate the victims of the status quo into a political
consensus that serves and protects those who benefit most from it – the “one
percent,” the “billionaire class.” They are good at this.
..
The generally
accepted name for the socially atomizing, inequality-generating,
environmentally reckless version of late capitalism practiced and promoted in
developed countries over the past four decades is “neoliberalism.”
For most Americans, as for most people around the world, neoliberalism has become Enemy Number One. Republicans
support neoliberal policies and practices more fervently than Democrats
do. But, for putting them into practice,
Democrats leave Republicans standing in the dust.
Source: http://www.counterpunch.org/2016/04/29/what-is-the-democratic-party-good-for-absolutely-nothing/
----
===
ZERO HEDGE
ECONOMICS
What
Happens If Everybody Pulls Their Money Out Of The Bank Today? Submitted by Tyler Durden on 04/29/2016 : For
every dollar that you have in the bank there is actually 0.00061 dollars
available...in other words, there's 6 cents for every $100 dollars of
deposits that you have at the bank. As Mike
Maloney explains in this brief clip, we live in an economic system that is
made complicated by design. Basically, it’s set up so most people don’t even
try to understand it. Got Gold?
----
----
HOW
THE NEOLIBERAL SYSTEM IS FALLING DOWN
case: New York
"There’s
Some Crazy Stuff Going On In New York" As Rental Glut Finally Hits The
Bottom Line. Submitted by Tyler Durden on 04/29/2016
..
As a natural consequence of the Manhattan luxury real-estate
slowdown that we've documented previously
(here
and here),
REIT's that have exposure to the Big Apple are starting to feel the impact to
their bottom line.
Here extracts:
According to reports,
REIT Equity Residential, the U.S.’s biggest publicly traded multifamily
landlord, fully intended to increase net effective rents in Manhattan during
the first quarter, but a glut of new supply provided renters some leverage, and
ultimately the company was forced to not only scrap the rent increases, but
to give an estimated $600,000 in concessions in order to secure tenants,
reducing growth in the area by 50 basis points.
There is one word to describe the NY rental market right
now: glut.
"New York City just turned
very quickly and more deeply than we expected. We had to join the
concession party to close deals."
And it certainly is impacting the bottom line, as the firm lowered
full year guidance for funds from operations to $3.05-$3.15 a share, down from
an earlier forecast that had an upper range of $3.20.
A major culprit for the sudden cooling in the market appears
to be the dropoff in well-paying, read banker, jobs and salaries: "The
challenge in New York is the disparity between the luxury apartments that have
been delivered and will be delivered" and the salaries paid in the city,
Santee said. "There are many jobs in the $90,000 to $100,000 range, but it
takes $130,000 a year in New York City to afford a one-bedroom apartment."
..
The good news: “other than New York, demand is very robust,”
Santee said. Alas, with rent
inflation soaring at over 8% now, or 4 times higher than wage growth...
... we doubt demand will be "very robust" for a
long time.
Meanwhile, as more than 6,700 newly built apartments in
Manhattan are listed for rent,
with most of the units falling in the luxury, or top 10% tier of the market,
where the median rent fell 3.5% in March from a year earlier, oversupply will
continue to be an issue for developers and REIT's alike.
"There’s some crazy stuff
going on in New York" the COO concluded. We expect more
"craziness" as the cooling of the entire US economy has finally
entered the Tri-state area.
----
----
According
To The NY Fed, US Has To Grow At 3.8% In Second Half To Hit The Fed's GDP
Forecast Submitted by Tyler Durden on 04/29/2016 : If
the NY Fed is right, what does this mean in practical terms? Simple: assuming
no revisions to Q1 GDP, and assuming Q2 GDP of 0.8%, then the US would have
to grow at 3.8% to hit the Fed's
central tendency forecast of 2.2% GDP growth as per its latest forecast.. See images by pressing the title
----
----
The
Fed Just Found Its Next Excuse Not To Hike Rates. Submitted by Tyler Durden on 04/29/2016 : As June looms, The Fed - having dropped
'some' of its global event risk language in the latest statement - is now
desperate for an excuse to not hike rates (or face a total loss of
credibility). Judging by Fed's Kaplan, they just found it...
*KAPLAN SAYS FED WILL WATCH U.K. POLLS ON BREXIT CLOSELY
IN JUNE
Which is a problem
as 'Brexit' just moved into the lead among YouGov polls.
----
----
THE DEBACLE OF THE US ECONOMY
..
Submitted by Tyler
Durden on 04/29/2016
The
banquet of consequences is about to be served.
----
----
Consumer
"Hope" Slumps As Inflation Expectations Hit Record Lows Submitted by Tyler Durden
on 04/29/2016 : Despite surging stock prices in April,
UMich's final Consumer Sentiment print slipped to 89.0 (from 89.7 prelim and
91.0 previous) notably below expectations and the lowest since September 2015.
Under the covers though, it was "hope" that really plunged, as
Consumer expectations dropped to 77.0 - the lowest since September 2014.
However, worst of all for The Fed is that medium-term inflation expectations
tumbled back to 2.5% record lows.
See large image at: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/04/28/20160429_cons1_0.jpg
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----
Weekend
Reading: YEP... STILL LOOKS LIKE A TRAP . Submitted
by Tyler Durden on
04/29/2016
“The market does what it should
do, just not always when.” –
Jesse Livermore
Selected extracts:
Last week, I noted technical breakout of the market above the
downtrend line from last May, such a move required an increase
in exposure to equity risk. “This is probably the most difficult ‘buy’ I
can ever remember making.” I said
I also stated that it was probably a trap and
that I will be stopped out in fairly short order. But that is the risk of
managing money.
Well, since then the markets have gone, as of this writing,
roughly nowhere as the market traded between roughly 2075 and 2100 all week. However,
the following chart is what has me worried.
SEE CHART AT: http://content.realinvestmentadvice.com/wp-content/uploads/2016/04/SP500-VIX-042816.png
The chart of the volatility index measures the “fear of a
correction” that currently exists in the market. As a contrarian indicator,
the “time to sell” is when there is relatively little “fear” in
the market. As the yellow highlighted bars suggest, that time
is likely now. Will it be a mild pullback as saw in early
2015, or a more major decline as seen in August of last year? My bet is that it
will likely be the latter given the weakening fundamental backdrop.
This weekend’s reading is focused primarily on the events
from last week – The Fed and the markets. I suspect things are about to get
much more interesting. However,
given the ongoing Central Bank interventions, verbal easing by the Federal
Reserve and an excessiveness of “bullish hope,” there is still no
telling what the markets will do next. This is why in this upcoming
weekend’s newsletter (subscribe for free e-delivery)
I will be discussing the possibility of “shorting against the box.”
..
FOLLOW THE LIST OF READINGS:
To got it: Press the title of this art or Open this web site http://www.zerohedge.com/news/2016-04-29/weekend-reading-yep-still-looks-trap
..
HERE ONLY THE MUST READ LIST:
MUST READS
- The Ugly Truth Of $15 Minimum Wage by Ed Rensi via Forbes
- How Have Stocks Fared Over Last 50 Years by Bill Barker via Motley Fool
- Echoes Of 1999 by Rob Arnott via Research Affiliates
- Teetering On The Edge Of Recession by Ironman via Political Calculations
- Where The Worst Declines Come From by John Hussman via Hussman Funds
- Q1 GDP – Weak & Why by Michael Lebowitz via 720 Global
- SEC Begins Crackdown On Non-GAAP Earnings by Tyler Durden via Zero Hedge
- Something To The Positive Skew by Dana Lyons via Tumblr
- Krugman’s Fiscal Equivalent Of War by David Stockman via Contra Corner
“The market does what
it should do, just not always when.” – Jesse
Livermore
----
----
QUICK ECONOMIC NEWS in zerohedge.com
US
Treasury Gives Explicit Warning To China, Germany And Japan Not To Devalue
Their Currencies Submitted by Tyler Durden on 04/29/2016 : "Treasury is creating a new
“Monitoring List” that includes these economies: China, Japan, Korea, Taiwan,
and Germany. Treasury will closely monitor and assess the economic
trends and foreign exchange policies of these economies."
----
"Never.
Been. Higher." Submitted
by Tyler Durden
on 04/29/2016
Keep 'peddling'...
see image
----
----
Crude
Unable To Bounce Despite Biggest Rig Count Decline In 6 Weeks. Submitted by Tyler Durden on 04/29/2016 : After
its earlier pump and rapid dump, WTI crude is unable to bounce for now despite
the biggest rig count decline in 6 weeks. .. If the co-dependence continues we would expect to see rig counts begin
to rise (or stop declining) very soon. Total US rig count dropped to 420 - a
new all-time record low.
See large image at: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/04/29/20160429_rig.jpg
----
----
Oil
Suddenly Tumbles. Submitted by Tyler Durden on 04/29/2016 : Having
risen all day on the back of the weaker dollar now sliding to nearly one year
lows, moments ago oil just wiped out all its intraday gains and tumbled to
unchanged, losing almost a dollar in seconds.
See large image at: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/04/20/20160429_oil_0.jpg
----
----
OPEC
Set To Pump Even More Oil In April As Saudi Arabia Boosts Exports To
Near-Record High Levels. Submitted
by Tyler Durden on 04/29/2016 : In
one of the least surprising highlights from the ongoing earnings season, yesterday
we reported that as oil continues to rise, US shale companies are starting
to resume mothballed production. And now, according to the latest Reuters
production survey, in the aftermath of the failed Doha oil freeze agreement,
OPEC will be the next to boost production in the coming month, expanding
supplies from an already oversupplied 32.46MMb/d to 32.64MMb/d. Finally,
Reuters just blasted that Saudi Arabia is boosting its exports to near-record
high levels.
----
----
Chicago
PMI Tumbles From March Dead-Cat-Bounce "Plagued By A Lack Of Orders". Submitted by Tyler
Durden on 04/29/2016 : March's
dead-cat-bounce in Chicago PMI (like January's) has died again as the business
barometer drops to just 50.4 (from 53.6) missing expectations of 52.6. This
barely-above-contractionary level was driven by an 11-point collapse in
Order backlogs to the lowest since Dec 2015, and as MNI reports, "order
patterns continued to be plagued by a lack of large orders and absence of
international demand, purchasers said."
----
----
Savings
Rate Highest Since December 2012 After Personal Spending Disappoints Again. Submitted by Tyler
Durden on 04/29/2016 : While income grew 0.4% MoM (more than the
0.3% expectations), spending disappointed with a mere 0.1% rise (against
+0.2% MoM expectations). Year-over-year spending growth slowed to 3.5% -
the weakest since December and income growth slowed to 4.0% YoY leaving the savings
rate at its highest since December 2012.
----
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Dow
Dumps 400 Points From BoJ Shock As Gold Nears $1300. Submitted by Tyler Durden on 04/29/2016 : Gold first
closed above $1300 on September 29th 2010, 67 months ago; and as investors'
faith in Central Banks falters - with The Dow down over 400 points (and Nikkei
225 down 1700 points!) from the scene of Kuroda's Kamikaze decision, gold has
soared up above $1299...
See large image at: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/04/28/20160429_gold13002_0.jpg
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POLITICS
OBAMA GOV CONTINUE BE CONDEMNED, as
usual -among oposition- in Congress
"You've
Lost Their Confidence" Tom Coburn Exhorts Congress "America Doesn't
Trust You Anymore". Submitted by Tyler
Durden on 04/29/2016: "America
doesn’t trust you anymore. That’s the truth... and that’s not one party, that’s
both" raged former Senator Tom Coburn during a hearing before the
Senate Committee on Homeland Security and Governmental Affairs this week. As
FreeBeacon reports, Coburn, making his first appearance before the Senate
since his farewell speech when he retired in late 2014, pleaded with Congress
to take action to reform government, quoting de Tocqueville, that an ever
more centralized control reduces its citizenry "to nothing better than a
flock of timid and industrious animals, of which the government is the
shepherd."
----
----
Patrick
Buchanan: At Last, America First!.
Submitted by Tyler Durden
on 04/29/2016
Whether the
establishment likes it or not, and it evidently does not, there is a revolution going on in America. [ THE CLOWNS REV LEAD
BY D TRUMP. ]
----
----
The
Oligarchy Is Tottering - Trump Tramples The Neocons' "False Song Of
Globalism". Submitted
by Tyler Durden
on 04/29/2016 : For the past twenty years, movements have
arisen to challenge American imperialism. The Trump movement is different:
it is massive, and it is capable of winning. That’s what has the Establishment
in such a panic. If we step back from the daily news cycle, and consider the
larger significance of the Trump phenomenon, the meaning of it all is
unmistakable: we haven’t seen anything like this in American politics – not
ever. Revolution is in the air. The oligarchy is tottering. The American
people are waking up, and rising up – and those who try to ignore it or disdain
it as mere “populism” will be left behind.
...
Here only extracts summing up Trump main message:
This is why the Republican Establishment hates Trump: it’s no accident that the same neocons who lied us into the Iraq war and
profited personally and professionally from that disastrous adventure are now
in the vanguard of the “Never Trump” brigade. As Heilbrunn points
out:
What Trump is talking about is
dispensing with an entire wing of the GOP that has controlled the commanding
heights of foreign policy over recent decades.”
Billions of dollars in “defense” spending are tied up in
NATO contracts: the power and prestige of Washington’s foreign policy “experts”
are inextricably linked to maintaining the Atlanticist bridge that binds us to
our free-riding European client states. And now the candidate most likely
to win the GOP presidential nomination is threatening to take it all away from
them. No wonder they hate his guts and will do anything to stop him.
American nationalism is a schizophrenic creature:
on the one hand, it is pacific, inward-looking, and benign. On the other hand,
it can be vengeful, aggressive, and malevolent. Like Trump himself, it is often
unpredictable. And therein lies the danger – and the opportunity.
Nationalists of the Trumpian sort see America as an
exceptional nation, but unlike the aggressive nationalists of the
neoconservative variety they don’t believe the American system can be exported,
and certainly not by force of arms.
For all his faults as a candidate, Trump is forcing a
sea change in the American political discourse. His campaign for the
presidency has certainly shifted the terms of the debate over foreign policy,
not only in the GOP but generally. Senator Rand Paul’s candidacy was dogged by
questions about his lack of “orthodoxy” on foreign policy issues. That
orthodoxy has now been smashed to smithereens, and future Rand Pauls will face
no such suspicious inquiries. Candidates will no longer be required to
sing, in unison, “the false song of globalism” – and we have Donald Trump to
thank for that.
For the past twenty years, movements have arisen to
challenge American imperialism: the campaigns of Pat Buchanan, the
antiwar left that arose during the Bush years, the Ron Paul campaigns that
energized many thousands of young people and put some meat on the bones of the
libertarian movement.
The Trump movement is different: it is massive, and it
is capable of winning.
But there is more to it than that. If we step back
from the daily news cycle, and consider the larger significance of the Trump
phenomenon, the meaning of it all is unmistakable: we haven’t seen anything
like this in American politics – not ever. Revolution is in the air. The
oligarchy is tottering. The American people are waking up, and rising up – and
those who try to ignore it or disdain it as mere “populism” will be left
behind.
We are living in revolutionary times. Every
political movement and tendency will be put to the test. Some will be found
wanting, and they will fall by the wayside. Others will adapt and prosper.
Whether we have the courage to face the future is an issue that will soon be
decided, and it is we who will do the deciding – because our fate is in our
hands.
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ME & WORLD ISSUES
ZARpocalypse
Now? BofAML Warns "Summer Of Shocks" Looms Submitted
by Tyler Durden
on 04/29/2016 : The mysterious ZARJPY indicator of global
turmoil is flashing red once again as BofAML's Michael
Hartnett warns of soaring sentiment into a potential "summer of
shocks." Wall Street/Fed continues to play "cat
and mouse" and (hedge fund) redemption, (central bank) repression, (market) regulation risks remain very high as the flash
crash/pain trade era to continue.
See large image at: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/04/28/20160429_jpyzar_0.jpg
and:
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It's
The Debt Stupid: Scotiabank Warns "At Some Point 'The Future' Becomes
'Today'". Submitted by Tyler
Durden on 04/29/2016 : Low interest rates attempt to buy time. The
idea is to bring consumption forward until the economy heals on its own as
capital projects are completed. But those projects never began this time. The
end result is ever-higher debt that borrows more and more from the future.
Unfortunately, it borrows from the future without making the future any
brighter through solutions to root causes of economic ailments. At some
point, the “future” becomes “today”.
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----
All
Depressions Are Not Created Equal. Submitted by Tyler
Durden on 04/29/2016. : It has been
said that history may not repeat but it sometimes rhymes. Just as the
generals always seem to fight the last war people seem to prepare for the last
depression. Times change and the mechanism that leads to misfortune
changes with it. Looking at the past may not give us the clear answer to how to
deal with the future but it can help us to determine what might happen and
how to deal with it when the time comes.
----
----
Germany
Moves To Ban Refugees From Welfare; Politician Calls For "Islam Law"
To Limit Influence Submitted
by Tyler Durden
on 04/29/2016
[ First Germany help to bomb them –in alliance/or subordination-
to US policies, and now they treat the refugees worse than animals .. nothing
new in the German history of Nazism. ]
----
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Russia
And Saudi Arabia Locked In Relentless Fight Over China's Oil Market .Submitted by Tyler Durden on 04/29/2016 : Russia and Saudi Arabia have been
(relatively) quietly fighting for market share in China ever since oil prices
started their downward spiral in mid-2014 - now the battle is heating up,
and teapot refineries are what could tip the balance.
----
----
The
US Endgame? Creating A Climate That "Could Easily Be Transformed Into [World]
War". Submitted by Tyler Durden on 04/29/2016 : Akin
to ancient Rome, the United States has over-extended herself. She has
created a climate that could easily be transformed into a war on a slight
pretext. Wars, as it is well known are also a means a nation can extricate
itself from debt and financial responsibility. The dying Petrodollar system
has been on life support for some time, and it appears other nations such as
the BRIC’s are taking the initiative to return to a true monetary standard.
This is the same gold and silver standard that the U.S. should never have left
in the first place.
..
..
The U.S. responded in kind on April 20 by allowing a
guided missile destroyer, the U.S.S. Cook to encroach upon Russian borders
while conducting maneuvers near Poland. The U.S. claimed that Russian aircraft were doing fly-by’s to
intimidate the destroyer.
“This is about attempts to
exercise military pressure on Russia. We will take all necessary
measures, precautions, to compensate for these attempts to use military force.”
This statement by Grushko was not limited to the incident
with the Cook.
Although the exercises are superficially being dubbed
maneuvers to help with control of civilian airports and coordination with them
during “an emergency situation,” in reality they are both posturing and
stationing aircraft on Russia’s western flank. Also, the mainstream
media barely mentioned the fact that last month, NA
Now the BRIC nations are starting their markets up in
earnest, backing their currencies with gold and trading in Shanghai, China, and
Moscow in Russia. These two nations, incidentally are #1 and #3
respectively regarding gold production.
Another point of interest that may have a great effect
is that Congress is in the midst of passing legislation to hold Saudi Arabia
partially accountable for the 9-11 attacks.
The Saudis responded with informing the state department that they will call in assets and all accounts payable if that
is the case. This could really domino and also spell an immediate end
to the Petrodollar. Wouldn’t that be interesting? Congress would
hit the Saudis up with a bill, and the Saudis would pay us in “fiat” Federal
Reserve notes, maybe cutting off the oil supply as well. Payment of
the bill then may as well be in toilet paper.
To summarize, akin to ancient Rome, the United States has over-extended herself. She
has created a climate that could easily be transformed into a war on a slight
pretext. She has created a climate that could easily be transformed into a
war on a slight pretext. Wars, as it is well known are also a means a
nation can extricate itself from debt and financial responsibility. The
dying Petrodollar system has been on life support for some time, and it appears
other nations such as the BRIC’s are taking the initiative to return to a true
monetary standard. This is the same gold and silver standard that the
U.S. should never have left in the first place.
----
----
"Erdogan
Is The Father Of ISIS" - New Documentary Outlines Turkey's Support Of The
Islamic State. Submitted by Tyler
Durden on 04/29/2016 : Is Turkey the support behind ISIS? A
new documentary lays out evidence that would lead to that conclusion... one we
first exposed here,
here,
and here.
The documentary takes place just days after the YPG took back the town of
Shaddadi (a former ISIS stronghold), and what is revealed will most
certainly go under reported, but is important nonetheless.
----
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The
Woodstock Of Crony Capitalism. Submitted by Tyler
Durden on 04/29/2016 : In Davos, they chug bottles of Chateau Lafite
Rothschild and plot how to pillage small nations. At Berkshire, we will eat
Dilly bars and plot how to pillage the middle class. Capitalism is
beautiful and crony capitalism is the end product of politicians who prostitute
the laws. I don’t have the power to change the current rules, but I can
certainly learn to thrive within them.
Over the past fifteen years, the US has undergone a massive
increase in pernicious regulation. Therefore, it seems only natural that
opportunities would exist in the most regulated sectors of the economy. If you
can get your permits and deny those permits to others, if you can avoid
environmentalists and NIMBYs, if you can dodge taxes, if you can charm the
cliques in Washington, you have an opportunity to earn outsized profits—especially
if you have an endless fire-hose of cheap insurance float to deploy.
Crony capitalism is highly lucrative and as a Berkshire
shareholder, I’ve reaped the rewards.
The Koch Brothers spend hundreds of millions on elections.
Soros spends similarly on fringe groups that break windows and overturn cars.
Neither really accomplishes his goals. Buffett gets what he wants. In Davos,
they chug bottles of Chateau Lafite Rothschild and plot how to pillage small
nations. At Berkshire, we will eat Dilly bars and plot how to pillage the
middle class. Capitalism is beautiful and crony capitalism is the end
product of politicians who prostitute the laws. I don’t have the power to
change the current rules, but I can certainly learn to thrive within them.
----
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GLOBAL RESEARCH
----
US
Air Force Bombed Aleppo and then Blamed Russia [ When
my wife accused me of being “disloyal to
her” without reason, nor evidence .. I ignored
–not quarrel at all- but decided to please her and did it .. very discretely. Then a miracle happens.. we got reliable
peace.]
----
Western
Media Break Their Silence on Aleppo with Flagrant Lies, Omissions, Obfuscations By Eva Bartlett,
----
Are
US Special Forces in Syria Working with Opposition Groups Linked to ISIS and Al
Qaeda? By Press TV,
----
Nicolas
Maduro to Remain President. Venezuela Supreme Court Amendment Shortening
Presidential Term Not Retroactive By
Lucas Koerner, One victory against US imperialism and is
coming the next one in Brasil with powerful mass MOV that will put down the opposition
to Dilma & this Social MOV will be spread to all Latin America.. where the
labor MOV is strong & independent for the electoral circus.
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COUNTER PUNCH
WHAT IS THE DEMOCRATIC PARTY GOOD FOR?
ABSOLUTELY NOTHING Andrew Levine.
..
Within the matrix of our semi-established two party system,
Democrats do the most harm.
The Democratic Party
is, by default, the political voice of organized labor and of social movements
that fight for racial and gender equality, environmental sanity, and other
worthy causes.
..
Democrats can therefore do what Republicans cannot: integrate the victims of the status quo into a political
consensus that serves and protects those who benefit most from it – the “one
percent,” the “billionaire class.” They are good at this.
..
The generally
accepted name for the socially atomizing, inequality-generating,
environmentally reckless version of late capitalism practiced and promoted in
developed countries over the past four decades is “neoliberalism.”
For most Americans, as for most people around the world, neoliberalism has become Enemy Number One. Republicans
support neoliberal policies and practices more fervently than Democrats
do. But, for putting them into practice,
Democrats leave Republicans standing in the dust.
..
Source: http://www.counterpunch.org/2016/04/29/what-is-the-democratic-party-good-for-absolutely-nothing/
----
===
DEM PARTY IMPOSE BUREAUCRATIC CHAIN ON US UNIONS
IT IS URGENT THE NEED FOR 3RD OPTION & THE BREAK WITH THE 1% PARTY
…
US PRESIDENTIAL ELECTION: BEYOND LESSER
EVILISM By Ismael Hossein-Zadeh.
Quoted & commented by Hugo Adan
..
----
Vijay Prashad. Political Violence in Honduras
----
Margaret Kimberley. Dishonoring Harriet Tubman
----
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John Feffer. Big Oil isn’t Going Down Without a Fight
----
Brian Cloughley. Is Washington Preparing for War Against
Russia
----
Dave Lindorff. The Push to Make Sanders the Green Party’s
Candidate
----
Joseph Natoli. Who’s the Better Neoliberal?
----
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Charles R. Larson. Moby Dick on Steroids?
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INFORMATION CLEARING HOUSE
Sit Back, Relax, and Enjoy the Oil Thriller . By Pepe Escobar
----
President Obama: The Race for the Imperial
Legacy. By James Petras
----
"Horrified": Seymour Hersh Reacts
to Obama's Plan to Send 250 More U.S. Special Ops Troops to Syria. Video and Transcript
----
Remember the Golan Heights? . By Eric Margolis
----
The Sickening Campaign to Silence Corbyn by
Exploiting Victims of the Holocaust. By
Kerry-anne Mendoza
----
More Confessions of an Economic Hitman: This
Time They’re Coming for Your Democracy
By Sarah van Gelder
By Sarah van Gelder
NOTICIAS IN SPANISH
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El Cabildo de Gran Canaria rechaza bloqueo US a Cuba. M.L. González
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PRESS TV
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