martes, 3 de mayo de 2016

MAY 3 16 SIT EC y POL



MAY 3 16 SIT EC y POL 
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HOW ELECTIONS WERE CORRUPTED by CLINTON’s STATE MONEY LAUNDEIRNG
Read this art & check the situation in the 33 States she bought
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“HILLARY CLINTON'S END RUN AROUND DEMOCRACY-- FOLLOW THE MONEY”

Here Few Extract & the conclusion

Presiding over a horrifying culture of corruption she must have learned when she was still a Republican .. It still isn't too late to wipe away the stench of corruption from the Democratic Party, a stench Democrats have long persuaded themselves emanates solely from Republicans ..  It wasn't Bernie who told NPR that "I feel like my political beliefs are rooted in the conservatism that I was raised with... I'm very proud that I was a Goldwater Girl." Hillary is the one who corrupted democracy by buying elections in nasty and illegal way
IS THAT THE ONE YOU WANT FOR A NOMINEE?   
IF NOT, PLEASE CONSIDER TAPPING THE THERMOMETER AND HELPING BERNIE WIN THIS RACE.

Doctorow post about Hillary campaign state-level money laundering shenanigans pointed me to an investigative piece by Margot Kidder that I had missed at Counterpunch, How Hillary Clinton Bought The Loyalty Of 33 State Democratic Parties.  Doctorow said:

The Supreme Court's 2014 McCutcheon v FEC ruling eliminated aggregate caps on individual campaign donations, and this paved the way for the DNC and the Hillary Victory Fund TO COLLABORATE WITH 33 STATE-LEVEL DEMOCRATIC PARTIES  [In 2015 they] accept $10,000 donations from the millionaires and billionaires who back Clinton, kicking them back up to Hillary, allowing each couple to donate up to $1.32M to the Clinton campaign.

 [ Notice that “donations” don’t pay taxes and the legality of laundering State money is still a controversial issue.]

$26 million was transferred from these state-level warchests to the Hillary Victory Fund. These funds were dispersed to the Hillary Clinton super PACs, like Hillary for America and Forward Hillary. The Hillary Victory Fund is administered by the Clinton Campaign's treasurer, Elizabeth Jones, who has the sole right to direct the funds.

HILLARY IS DEFINITELY THE MOST CORRUPTED CANDIDATE IN US HISTORY

The amount of money expended in buying elections broke all records. Besides, she is the most distrustful candidate. She doesn’t warrantee political legitimacy nor stability if she comes elected.. WE HOPE NOT. All depend on your decision to take Streets  & show your anger with corruption and frauds.
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NO HILLARY ENDORSEMENT!  .. NOT, NOT, NOT!!
GO SANDERS GO, … UNITED WE WILL WIN!! 
“GO BERNIE & JILL” … UNITED WE WILL WIN!! 
PEOPLE .. UNITED.. WILL NEVER BE DEFEATED!!
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ZERO HEDGE
ECONO0MICS

OUR ECONO0MIC SYSTEM IS ABOUT TO IMPLODE
The financial up & downs are faster than ever.. Sign that final collapse is very close
Check details of this dangerous instability in NUEVA DEMOCRACIA DAILY Bulletin http://nd-hugoadan.blogspot.com/ 

Read this article:

Submitted by Tyler Durden on 05/03/2016 

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Introduction
As a major leg of many carry trades, the collapse of the Aussie Dollar in the last week has sent ripples through many risk-on positions, following last week's plunge in inflation to record lows,, ... this morning's surprise RBA move has sparked another leg down in the commodity currency, breaking below a crucial uptrend off the January lows as the commodity currency decouples from exuberance in Chinese metals... by http://www.zerohedge.com/

HERE SELECTED EXTRACTS by Hugo Adan

I hope it's not a great shock to discover all the incentives in our status quo are perverse: those who rig the financial system while creating zero real value, jobs, goods or services reap all the big profits; those who take near-zero responsibility for their own health are subsidized by those who take responsibility for their own health; those who try to start enterprises and hire workers are saddled with endless regulations, junk fees and taxes while those who game the system to get welfare (household or corporate) skim the cream for doing nothing for their community or for the nation.

Systems in which all the incentives are perverse implode under their own weight. Those who struggle to pay the mounting costs of Imperial Over-Reach, crony-capitalism and all the skimmers and scammers eventually go bankrupt or quit in disgust, while the army of state dependents and cronies explodes higher.
It has taken decades for the incentives to become so perverse, so we no longer notice the perversity or the pathological consequences.

Corporate profits have soared as financialization and rigging the system have paid much higher returns than risking capital in new goods and services.


The incentives for home ownership have turned the bottom 90% into debt-serfs in servitude to banks while the top 5% own income-producing assets and businesses.


Larded with the most perverse incentives possible, the U.S. healthcare system in the final stages of maximum costs, just before it implodes:


It's not hard to design positive incentives. For example:

1. Make preventative care essentially free to everyone ($5 co-pay) but weight the risks and costs created by irresponsible behaviors that ruin health. Reward those who take responsibility for their health by reducing the premiums they pay.
2. Tax all profits on securities held less than a day at 95%. Raise corporate taxes generated by financial activities to 50%, and lower the corporate tax rate on profits earned from producing domestic goods and services to zero.
3. Lower the tax for the first $25,000 earned by small enterprises to zero. Limit total government fees to 5% of revenues for all businesses up to $10 million in annual revenues.
4. Phase out the mortgage interest deduction. Limit mortgage interest deductions to the first $100,000 of mortgage debt.
5. Eliminate the personal income tax (and the need to file a return) for every household with income of $100,000 or less.
6. Automatically sunset every government regulation. Make city, county, state and federal governments renew every regulation every few years via a majority vote or it vanishes from the law books.
7. Make every politician wear a NASCAR-style jacket plastered with the names and logos of their corporate, union and financier contributors. The California Initiative to make this a reality is seeking signatures of registered California voters. Since politicians are owned, let's make the ownership transparent.
8. Treat drug abuse and addiction as medical conditions rather than crimes.
9. Eliminate the Federal Reserve and its free-money for financiers perverse incentives for debt-serfdom and financial plundering.
10. Eliminate all student loans and debts. Make colleges compete for students on a cash-only basis.
As you no doubt noticed, every perverse incentive is the cash cow for a vested interest or cartel. That's why the perverse incentives will endure until the system implodes under their pathological weight.
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My new book is #3 on Kindle short reads -> politics and social science: Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle ebook, $8.95 print edition) For more, please visit the book's website.
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Meanwhile, Traders Are Getting Angrier With Every Passing Day. Submitted by Tyler Durden on 05/03/2016 :  "We’re condemned to serial bouts of severe volatility having been trained to dismiss real and knowable risks as just improbable black swans....  Central banks can’t keep giving markets everything they want, or the volatility in the end will be catastrophic"
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When A Nation Is Doomed - A Definition... Submitted by Tyler Durden on 05/03/2016  :   Cynics, skeptics, and fiction-peddlers are frowned upon by the Obama administration (and the mainstream media) when it comes to our glorious leader's economic miracle. So we thought a simple litmus test might be useful to judge just how 'doomed' the nation really is...

"When you see that in order to produce, you need to obtain permission from men who produce nothing;

when you see that money is flowing to those who deal not in goods, but in favors;

when you see that men get rich more easily by graft than by work;

and your laws no longer protect you against them, but protect them against you;

Then ...you may know that your society is doomed."
By Atlas Shrugged - Ayn Rand
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[ MEANING: if this trend continue ALL MARKET PRICES WILL continue GOING UP .. little by little inflation & dollar devaluation is settling down, as expected.. but the high volatility nowadays can  create unexpected changes .. not for the benefit of common people .. definitely we will not go back to gas prices of Feb of $1.68 per gallon .. the trend is toward higher prices ]
The average price of gas in the United States is now at $2.22, up 8 cents over last week, hitting a 6-month high. This, in stark contrast to February’s ultra-low gas prices of $1.68 per gallon - a level that had not been since the end of 2008. The 30% surge off the lows is the largest seasonal spike since 2007... http://www.zerohedge.com/
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WTI Crude Crumbles To $43 Handle As Demand Fears Grow. Submitted by Tyler Durden on 05/03/16.  : Well it appears that reality is dawning that a record glut combined with tumbling global growth (confirmed by weakness in China PMI, US PMI, and now EU growth expectations) is sending crude prices lower, back to a $43 handle for the June contract...


“Some speculative positions have been decreased and that is putting pressure on prices,” says Global Risk Management oil risk manager Michael Poulsen.  The manufacturing data “makes you pause a bit to see if we are going in the right direction, but the trend still looks decent”
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[ The manufacturing cicle worldwide was intentionally lower down by China –the most affected by the high growth level they had (7%+ point a year)- Reason: China is the most dependent econ in terms of oil. There is no way China go back  to the previous pace. They decided to foster their own internal and regional market instead of depending on the crook financiers of western neoliberalism. If there is not such great demand for oil from china, prices of oil will go up.  Besdies economics,  we have the foreign policy factor,  that also is putting oil prices up .. US was meddling wrongly in the relation between China-Japan (the small island issue) just for the sake of selling gans .. China is responding at Ec level to such  blackmail from the US. If the US continue bulling RU-China with their fake arms-supremacism .. the Econ market of China will continue being  cut to US .. retailer Co will go bankruptcy .. Wall-Mart & Cosco have to laid out more people .. this will affect market prices for average US consumers too. Beacause wron foreing pol, the speed of oil prices up will damage a lot the US Ec & Pol system. ]
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Treasury Yields Tumble Most In 3 Months Despite Fed's Williams Warning. Submitted by Tyler Durden on 05/03/2016  :  Treasury yields are down 5bps (2Y) to 9bps (10Y) with non-stop buying since Europe opened. 30Y yield's 7.5bps drop is the biggest since Feb 18th, pushing the yield back to its 20-day moving average.
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[ Si grandes financistas del retail business planean declararse in bancarrota .. no es porque porque vieron una vaca lechera que da mas leche que la banca mafiosa del US. .  es porque algo grave se aproxima. Y si va a llover .. mas vale salir afuera con paraguas en la mano.]
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Today, it is a fast-growing 12-store grocery chain with ambitions of opening 300 outlets across the country.. [that is afraid].  Just over three years later, the once successful IPO is now a distant memory and soon enough, so [it is]  because overnight Fairway Group Holdings filed for Chapter 11 bankruptcy protection,
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QUICK NEWS ON ECONOMICS from zero hedge

"This Has Been The Longest Selling Streak In History" - 'Smart Money' Sells For Record 14 Consecutive Weeks Submitted by Tyler Durden on 05/03/2016  :  As we noted last week, this has been the longest uninterrupted selling streak in our data history (since ‘08)—previously the longest streak was 12 weeks (in late ‘10)."
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Ken Rogoff's Shockingly Simple Advice To Emerging Markets: Hoard Gold. Submitted by Tyler Durden on 05/03/2016  :  For some time, the rich countries have argued that it is in everyone’s collective interest to demonetize gold. But there is a good case to be made that a shift in emerging markets toward accumulating gold would help the international financial system function more smoothly and benefit everyone.
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Submitted by Tyler Durden on 05/03/2016 - 07:36
  • Global stocks slide as yen, euro gains question policy potency (Reuters)
  • U.S. Index Futures Signal Stock Losses as AIG Drops on Earnings (BBG)
  • EU Sees Weaker Growth in Eurozone and Wider EU as China Slowdown Weighs (WSJ)
  • Euro Set for Longest Run of Gains Since 2013 as Fed Focus Fades (BBG)
  • German Bonds Advance as EU Cuts Euro-Area Inflation Outlook (BBG)
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POLITICS

"The TTIP Is Doomed" - France Threatens To Reject Obama's Huge Transatlantic Trade Deal. Submitted by Tyler Durden on 05/03/2016  :  Following this weekend's leak by Greenpeace demonstrating not only that the TTIP is driven entirely by narrow corporate interests, but that Obama is openly willing to reneg on his pro-environment agenda just to pass the Transatlantic Treaty at any cost, the blowback arrived earlier today when France became the first major European nation which threatened to reject the huge free trade deal between the U.S. and the European Union, because according to AP "it's too friendly to U.S. business and probably doomed."
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The only purpose of Mr. Cruz’ continued participation in the primaries is an attempt to deny The Donald the majority of delegates in order to bring about a brokered convention.
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When Is A Boot On The Ground Not A Boot On The Ground?. Submitted by Tyler Durden on 05/03/2016 : No one disputes that U.S. military forces are fighting in combat in Iraq and Syria -- except maybe President Barack Obama and some members of his administration.
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ME & WORLD ISSUES


European Commission cut its outlook for growth and inflation across the Union for 2016 and 2017. Citing the economic slowdown in China and other emerging markets, geopolitical tensions and uncertainty ahead of the U.K. referendum on EU membership, WSJ reports . EU’s economists also cautioned that the strength of factors that have been supporting growth in the region, such as low oil prices and a weaker euro, could start to fade. This sparked modest Euro weakness (after a non-stop surge in the last week) dragging down European stocks and darkening the outlook for the banking system further.
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GLOBAL RESEARCH


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COUNTER PUNCH



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INFORMATION CLEARING HOUSE


How Moqtada al-Sadr Could Take Down Iraq’s Government. By Michael Weiss and Abdulla Hawez
Supporters of the powerful Shia cleric stormed Baghdad’s parliament, leaving legislators quivering in the basement and Iraq on the edge of political chaos
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Whistleblowing Is Not Just Leaking — It’s an Act of Political Resistance
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A Palestinian View on the Antisemitism Row . By Professor Kamel Hawwash
We Palestinians did not choose our occupiers. They chose Palestine
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he House of Representatives have lined up to quietly kill a cost estimate of the Pentagon’s three-decade nuclear modernization program, which experts predict will exceed $1 trillion.
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We need an independent investigation of the brutal U.S. attack on a Doctors Without Borders hospital in Afghanistan, which killed 42 people.
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WASHINGTON BLOG


A BLUEPRINT FOR BANKING IN THE SOC IALIST SYSTEM with Barners:
The State-Owned Depository Bank, The basis for SOEs in RU & China

Posted on May 3, 2016 by WashingtonsBlog . By Ellen Brown, EllenBrown.com.

Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead.

In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned depository bank, was more profitable even than J.P. Morgan Chase and Goldman Sachs. The author attributed this remarkable performance to the state’s oil boom; but the boom has now become an oil bust, yet the BND’s profits continue to climb. Its 2015 Annual Report, published on April 20th, boasted its most profitable year ever.

The BND has had record profits for the last 12 years, each year outperforming the last. In 2015 it reported $130.7 million in earnings, total assets of $7.4 billion, capital of $749 million, and a return on investment of a whopping 18.1 percent. Its lending portfolio grew by $486 million, a 12.7 percent increase, with growth in all four of its areas of concentration: agriculture, business, residential, and student loans.

By increasing its lending into a collapsing economy, the BND has helped prop the economy up. In 2015, it introduced new infrastructure programs to improve access to medical facilities, remodel or construct new schools, and build new road and water infrastructure. The Farm Financial Stability Loan was introduced to assist farmers affected by low commodity prices or below-average crop production. The BND also helped fund 300 new businesses.
Keep Reading
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 Capitalist central banks have become ultimate central planners
Why would we even think central banks wouldn’t manipulate all markets to the benefit of their own member banks when two Fed officials have stated that by intention the Fed’s FOMC was front-running the stock market to create a “wealth effect”? (Apparently the “wealth effect” is to make the wealthy vastly wealthier because that’s what happened; I certainly haven’t seen any wealth trickling into my bank account as a result of this overt manipulation of markets.)

We used to have regulations that prevented banks from investing in stocks (and thereby central banks from indirectly manipulating the stock market by giving money to their member banks to invest). Next, the Fed will be deciding what companies to favor. Maybe they already do.
Keep Reading
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Politico: Less than 1% of the Hillary Victory Fund Benefited State Parties  Posted on May 2, 2016 submitted by WashingtonsBlog . By Gaius Publius frequent contributor to DownWithTyranny, digby, Truthout, and Naked Capitalism.

According to Politico, of the $60 million raised by and for the Hillary Victory Fund, a PAC jointly controlled by the Hillary Clinton campaign and the DNC, less than 1% of the money raised ended up benefiting state Democratic parties.

Why does this matter? Because Clinton has been touting from day one, it seems, that she’s been raising money for the party as well as for herself, and the media, even after stories like this, by actor and activist Margot Kidder, started coming out, has been taking her at her word, allowing the assertion to go unchallenged, even when the facts were at hand.

I’ve been calling the Hillary Victory fund a “kickback scheme.” Others have called it money-laundering. Full explanation of how the transfers work is here.
Keep Reading
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HOW ELECTIONS WERE CORRUPTED by CLINTON’s STATE MONEY LAUNDEIRNG

“HILLARY CLINTON'S END RUN AROUND DEMOCRACY-- FOLLOW THE MONEY “
 
Presiding over a horrifying culture of corruption she must have learned when she was still a Republican .. It still isn't too late to wipe away the stench of corruption from the Democratic Party, a stench Democrats have long persuaded themselves emanates solely from Republicans ..  It wasn't Bernie who told NPR that "I feel like my political beliefs are rooted in the conservatism that I was raised with... I'm very proud that I was a Goldwater Girl." Hillary is the one who corrupted democracy by buying elections in nasty and illegal way . IS THAT THE ONE YOU WANT FOR A NOMINEE?  IF NOT, PLEASE CONSIDER TAPPING THE THERMOMETER AND HELPING BERNIE WIN THIS RACE.

HERE SOME OF HER “DONORS” , THE BUYERS OF ELECTION
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In addition to laundering donations for the super-wealthy in service to the Clinton campaign, the state Democratic parties also appear to be peddling the loyalty of their super-delegates to the campaign, in a quid-pro-quo that directs a portion of Hillary's establishment backer's millions to the cash-strapped state organizations.
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CONCLUSION

It still isn't too late to wipe away the stench of corruption from the Democratic Party, a stench Democrats have long persuaded themselves emanates solely from Republicans-- It wasn't Bernie who told NPR that "I feel like my political beliefs are rooted in the conservatism that I was raised with... I'm very proud that I was a Goldwater Girl." Is that what you want for a nominee? If not, please consider tapping the thermometer and helping Bernie WIN this RACE.
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NOTICIAS IN SPANISH


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PRESS TV


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