MAY 29 16 SIT EC y POL
…
ONE MORE REASON TO STOP HILLARY CLINTON
“It is entirely possible that the world is being led to
destruction by nothing more than the greed of the US military-security complex.
Delighted that the reckless and stupid Obama regime has resurrected the Cold
War, thus providing a more convincing “enemy” than the hoax terrorist
one, the “Russian threat” has been restored to its 20th century role of
providing a justification for bleeding the American taxpayer, social
services, and the US economy dry in behalf of profits for armament manufacturers.”
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ZERO HEDGE
ECONOMICS
Losing
Ground In Flyover America, Part 3. Submitted by Tyler Durden on 05/29/2016 : The
Fed’s crusade to pump-up inflation toward its 2.00% target by hammering-down
interest rates to the so-called zero bound is economically lethal. The
former destroys the purchasing power of main street wages while the latter
strip mines capital from business and channels it into Wall Street financial
engineering and the inflation of stock prices.
As
we indicated in Part 2, http://www.zerohedge.com/news/2016-05-27/losing-ground-flyover-america-part-2
the Fed’s crusade to pump-up inflation toward its 2.00%
target by hammering-down interest rates to the
so-called zero bound is economically lethal. The former destroys the
purchasing power of main street wages while the latter strip mines capital
from business and channels it into Wall Street financial engineering and the
inflation of stock prices.
Previous chart not available now: NOT EVEN IN Part 2
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The
Source of Failure: We Optimize What We Measure. Submitted by Tyler Durden on 05/29/2016 :
The problems we face cannot be fixed with policy tweaks
and minor reforms. Yet policy
tweaks and minor reforms are all we can manage when the pie is shrinking and
every vested interest is fighting to maintain their share of the pie. Our
failure stems from a much deeper problem: we optimize what we measure. If
we measure the wrong things, and focus on measuring process rather than
outcome, we end up with precisely what we have now: a set of perverse
incentives that encourage self-destructive behaviors and policies.
….
Rather than measure consumption and metrics that
incentivize debt, what if we measure well-being and opportunities offered in
our communities?
The problems we face cannot be fixed with policy tweaks
and minor reforms. Yet policy tweaks and minor reforms are all we can
manage when the pie is shrinking and every vested interest is fighting to
maintain their share of the pie.
There is a growing dissatisfaction in the economics field
with the current measures of economic activity: GDP, unemployment, and so on.
This dissatisfaction reflects a growing awareness that these legacy metrics do
a poor job of capturing what is actually important in fostering sustainable,
broad-based prosperity, what many call well-being.
SEE IMAGTE AT: http://www.oftwominds.com/photos2016/US-healthcare4.jpg
What are we measuring in
healthcare?
Healthcare metrics offer a useful analogy. If
cholesterol levels are a critical measure of health, then the medical community
devotes its resources to lowering cholesterol levels below whatever threshold
has been identified as critical. But what if a better overall yardstick of
health and risk is the body mass index (BMI), which measures height and weight?
If we measure academic achievement by the issuance of a
college degree, but the process of earning that degree does not measure real
student learning, then what are we measuring with college diplomas? What we’re
really measuring is the students’ ability to navigate an academic bureaucracy
for four or five years. Since we’re not measuring useful learning, we have no
way to hold colleges accountable for their demonstrable failure to teach useful
skills.
What are we measuring in the workplace?
The key point here is systemic success or failure arises
from our choices of what to measure and what thresholds we set as meaningful. Whatever we select to measure and deem
important, participants will optimize their choices and behaviors to reach the
rewards that are incentivized.
Rather than measure consumption and metrics that
incentivize debt, what if we measure well-being and opportunities offered in
our communities? What if we
measured doing more with less rather than consuming more? What if our primary
measure of economic well-being was the reduction of inputs (resources, labor,
capital, etc.) that resulted in higher output (increased well-being)?
These questions help
us see that to create a sustainable system that alleviates inequality and
poverty, we must first choose metrics that create productive incentives for
best practices and disincentives for fraud, corruption, waste and
inefficiencies.
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Another
Real Estate Crash Looms: Sam Zell Dumps Holdings, Warns "The Fed's
Deferred Reality For Too Long".
Submitted by Tyler Durden on 05/29/2016
: . Everything seems to be booming again – easy money,
easy lending, rising prices, and a bread and circused populous. But
appearances can be deceiving and highly acclaimed billionaire investor Sam
Zell isn’t buying the hype... noting the nearly 50 million Americans on
food stamps, the six million millennials living in their parents’ basements, or
the massive spike in business debt delinquencies.
SEE IMAGE VIDEO: REAL STATE REALITIES SAM ZELL at: https://adclick.g.doubleclick.net/pcs/click%253Fxai%253DAKAOjsuL--
Sorry, is not
accessible
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POLITICS
Paul
Craig Roberts: Killary Will Be The Last US President . Submitted by Tyler
Durden on 05/29/2016 : It is entirely possible that the world is
being led to destruction by nothing more than the greed of the US
military-security complex. Delighted that the reckless Obama regime has
resurrected the Cold War, thus providing a more convincing “enemy” than the
hoax terrorist one, the “Russian threat” has been restored to its 20th
century role of providing a justification for bleeding the American taxpayer, social
services, and the US economy dry in behalf of profits for armament
manufacturers. Previous US presidents worked to defuse tensions. The Obama
regime has inflated tensions with lies and reckless provocations, which makes
it far more likely that the new Cold War will turn hot. If Killary
gains the White House, the world is unlikely to survive her first term.
….
It is entirely
possible that the world is being led to destruction by nothing more than the
greed of the US military-security complex. Delighted that the reckless and
stupid Obama regime has resurrected the Cold War, thus providing a more convincing
“enemy” than the hoax terrorist one, the “Russian threat” has been
restored to its 20th century role of providing a justification for bleeding the
American taxpayer, social services, and the US economy dry in behalf
of profits for armament manufacturers.
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"All
Men Are Not Created Equal" Louisiana State Rep. Rejects Declaration Of
Independence. Submitted by Tyler
Durden on 05/29/2016 : "One thing I do know is... all men
are not created equal.. it's unfair to aks our children to recite [the
declaration of independence] that's not the truth... In 1776 Dr. King
was not even born..."
WATCH VIDEO: https://youtu.be/uNiiFOj2lEc
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BIG BUSSINESS PREVAILED IN ORLANDO FLORIDA
Libertarian
Party Chairman Candidate Strips To His Underwear On Stage. Submitted by Tyler
Durden on 05/29/2016
While badly needing
an alternative to the fake left-right divison plaguing US society, American
will not get a much needed, credible libertarian "third choice" for
yet one another year. Here's why.
….
[[ My COMMNENT: (based on 4 hours watching this Convention
in C-SPAN). The Libertarian party supposed to be the
party for small business entrepreneurs (the kind of middle class ruined by the
neoliberal economics run by big Corp) BUT IT WAS CAPTURED by a
billionaire selected as VP candidate. The
convention showed that the libertarian party is not anymore the party of a
ruined middle class. The second voted candidate for VP was a middle class
entrepreneur that wanted to be VP candidate because his long sacrifice for the party
but happens that he was a Muslim. He survive all family fatalities with dignity and
courage, even though he never stop financing his party. He is a real
libertarian, not the type of profiteers of neoliberalism via fraud, pillage and
nasty speculation abroad like Trump and Hillary. The Convention thrives to
elect him but the corrupted money prevailed & buy this election too. The
libertarian party lose the chance of showing racial & ideological pluralism.
He was excluded during the process of counting votes just when several people complained about miss-counting and
calling for recount. The farce created uneasy environment .. People suspected
that the candidate for Presidence was sided in favor of a big billionaire for
VP, a person who had not background in the party, an opportunist who just came
to be member of this party during this election process. “Y need you vote for this VP because is the
instrument that I need to win this election” suggested the elected candidate for
a Presidency. What a mistake .. money was the reason why a long time party
member was excluded as VP. It was exactly at this moment of uncertainty that a
clown undressed in front of the public, causing a huge disconcert in the auditorium.
People suspected that this party member was bought by Trump to derail the
Convention. How much he received from Trump. .. nobody knows. But it was clear
that he came prepared to do this show. By doing this nudity he dissolved the
seriousness of the event. When this type of disruption come to political
Conventions is a bad sign; it happened to Hillary in Las Vegas and she now is
almost out the race. I do not believe in curse or witchcraft but certainly the emissary of Trump caused a
lot of damage to the libertarian party. Hugo Adan. May 29-16. ]
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If
You Think Cultural Fragmentation Is Bad Now.... Submitted by Tyler
Durden on 05/29/2016 . We
are heading toward a world where we can build our own echo chambers and shut
off anything we find offensive or unpleasant. In other words, if you
think that cultural fragmentation is bad now — or that the Trump supporters are
suggesting extreme measures in order to reimpose a degree of cultural hegemony
- you ain’t seen nothing yet. The decentralization of warfare through the
adptation of drone technology and things like 3-D printed guns and bullets
means that many skirmishes will likely be fought over this stuff again.
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ME & WORLD ISSUES
Unintended
Consequences: Easy Money = Overcapacity = Trade Wars. Submitted by Tyler
Durden on 05/29/2016 : So what happens to all that Chinese steel
that was on its way to the US and EU before slamming into those prohibitively
high tariffs?One of three things: Either it’s sold elsewhere,
probably at even steeper discounts, thus pricing US and EU steel exports out of
those markets. Or it’s stockpiled in China for future use, thus lowering future
demand for new steel production and, other things being equal, depressing tomorrow’s
prices. Or many of China’s newly-built steel mills will close, and China will
eat the losses related to this malinvestment.Each scenario results in
lower prices and financial losses somewhere. Put another way, as far
as steel is concerned, the world’s fiat currencies are rising in
value, which is the common definition of deflation.
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UK
To Stockpile Tanks, Heavy Equipment Close To Russia's Border. Submitted
by Tyler Durden on 05/29/2016 : As
if on cue, NATO made it even more explicit that its primary prerogative remains
to provoke Russia into an offensive move, when over the weekend the
Times reported that the British military may soon start stockpiling tanks and
other heavy equipment in Eastern Europe as part of NATO's military beef up
close to Russia's border. The decision may come at the upcoming NATO
summit in Warsaw in July.
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GLOBAL RESEARCH
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Close
Calls, “What If”: We Were Close to Nuclear Destruction. “Mistakes” Could
Trigger World War III
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INFORMATION CLEARING HOUSE
The Truth About Syria. A Manufactured War
Against An Independent Country. By Caleb T.
Maupin
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How Israel Lost Its Latest Chance for a Peace
Process. By Bernard Avishai
. Israel “has been infected by the seeds of fascism,”
Barak said.
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The plans also include negotiations over another military
base on the border with Paraguay and Brazil.
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France
Paralyzed by the ‘War of the Lefts’. By Pepe Escobar
The Hollande-Valls duo is so disconnected from the street
pulse that they had no idea this bill would be met with so much hostility
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The Case
Against Manifest Destiny. By Cesar Chelala
Although the principle of non-intervention is extremely difficult
to enforce in today’s complex world, its principles should be revived again
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WASHINGTON BLOG
By Chris Hedges
Matthew Desmond’s
book, “Evicted: Poverty and Profit in the American City,” like Barbara
Ehrenreich’s “Nickel and Dimed,” is a heartbreaking snapshot of the rapacious
exploitation and misery we inflict on the most vulnerable, especially children.
It is a picture of a world where industries have been created to fleece the
poor, and destroy neighborhoods and ultimately lives. It portrays a judicial
system that has broken down, a dysfunctional social service system and the
license in neoliberal America to carry out unchecked greed, no matter what the
cost.
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Posted on May 29, 2016 by Carl Herman
avenge: to take vengeance on behalf of
“The only thing new in the world is the history you
don’t know.”
– President Harry Truman, Plain Speaking: An Oral Biography of Harry
S. Truman (1974) by Merle Miller, pg. 26.
3-minute video: Police, Military –
Was your Oath sincere?
VIDEO URL: https://youtu.be/Q4AKkF97fcE
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Posted on May
29, 2016 by Carl Herman
“The only thing new in the world is the history you
don’t know.”
– President Harry Truman, Plain Speaking: An Oral Biography of Harry
S. Truman (1974) by Merle Miller, pg. 26.
3-minute video: Police, Military –
Was your Oath sincere?
VIDEO URL : https://youtu.be/Q4AKkF97fcE
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NOTICIAS IN SPANISH
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PRESS TV
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