JUNE 10 16 SIT EC y
POL
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THE NEED FOR RECOUNT in CA: 2Mll VOTES LOST
As California Admits 2 Million Ballots Remain Uncounted, Sanders Pushes for Changing Primary Process
California Secretary of State
Alex Padilla said at least 2 million votes cast in California’s presidential primary election have yet to be counted. So
far Hillary Clinton is leading Bernie Sanders by 440,000 votes. We speak to Bernie Sanders superdelegate Larry Cohen on why the Sanders campaign is
calling for major changes to how the Democratic Party holds its primaries.
LISTEN VIDEO AT:
http://www.democracynow.org/2016/6/10/as_california_admits_2_million_ballots?autostart=true
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A FUTURE TO BE REALITY SOON: the FRONT lead by BERNIE &
JILL
THE DAYS OF HILLARY ARE COUNTED: NEW EVICENCES WERE FOUND
READ this INFO:
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Stunning
Emails Reveal How Clinton Foundation Donor Bought Seat As Hillary's Nuclear
Weapons Advisor
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Here is our Future:
ZERO HEDGE
ECONOMICS
NEOLIBERAL MELT DOWN and THEIR
PROFITEERS
Mark Yusko pours cold water on whatever bullishly warm feelings
the most optimistic folks may have clung to, warning "it's year 2000
all over again." Here are four major parallels he pointed out that
make it clear we are heading for another ugly recession—or are already in one
without realizing it.
Parallel #1: The Fed’s urge to raise rates
One of the major catalysts for the recession was the Fed’s
move to withdraw the liquidity it had pumped into the system for those who
expected a payment system breakdown and thus hoarded physical cash. .. It was a
painful time that no one who lived through it wishes to repeat—but Mark Yusko
thinks we will repeat it, starting now. Here’s one of the 100 or so slides from
his presentation.
Parallel #2: Negative corporate earnings
Another eerie parallel Mark noted was in corporate earnings.
Observe the red dashed line in this chart.
Parallel #3: Margin debt growth
Margin debt is another bad sign. The red area in the left
chart below shows how debit balances build up right along with market peaks.
SEE IMAGE AT:
Parallel #4: The presidential race
Finally, 2016 also marks the eighth year of the presidential
cycle. The average stock return for the eighth year of all US presidential
terms since 1901 is -14%. So if you liked 2000 and 2008, you should love the
way 2016 ends (gulp).
SEE IMAGE AT : http://ggc-mauldin-images.s3.amazonaws.com/uploads/editorial/Mark_Yusko-_It%E2%80%99s_2000_All_Over_Again4.png
Big opportunities lie ahead
In the equity markets, gains most often happen slowly,
and losses usually happen quickly. You can see this in the numbers, as the
average bull market is much longer than the average bear market (more than five
times longer at 97 months versus 18 months).
It’s critical, therefore, to always be looking for long
opportunities, especially during the brief corrective periods (when things go
on sale). You will soon have some excellent buying opportunities. Those with
less foresight are going to dump some valuable assets, not because they want to
but because they have no choice.
They’ll need the liquidity.
What should you buy? That’s not entirely clear yet, nor will
we be able to catch the precise bottom. As they say, no one will ring a bell.
But if Mark Yusko is right, the chance ought to arrive in the next year or
so.
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"...consumers do not think the economy is as
strong as it was last year nor do they anticipate the economy will enjoy the
same financial health in the year ahead as they anticipated a year
ago."
SEE BIG IMAGE AT: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/06/06/20160610_umich1_0.jpg
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It seems bad news is
bad news after all...
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POLITICS
Stunning
Emails Reveal How Clinton Foundation Donor Bought Seat As Hillary's Nuclear
Weapons Advisor
A new trove of State
Department emails reveal how a major Clinton Foundation donor - and HFT trader - was placed on a
sensitive government intelligence advisory board even though he had no
experience in the field. The emails further reveal how, after inquiries from
ABC News, the Clinton staff sought to “protect the name” of the Secretary,
“stall” the ABC News reporter and ultimately accept the resignation of the
donor just two days later.
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The ongoing criminal
probe surrounding Hillary's email server has been marked by opacity and lack of
virtually any disclosure, not to mention a major turf war between the FBI and
the DOJ, which is why many were surprised when overnight the WSJ revealed that
at the center of the probe over Hillary's handling of classified information
are a series of emails between American diplomats in Islamabad and their
superiors in Washington about whether to oppose specific drone strikes in
Pakistan.
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Speech is either free or it isn’t. One cannot have it both ways, as the EU
apparatchiks apparently think. As
soon as restrictions on free speech are introduced, abuse is sure to follow.
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ME & WORLD ISSUES
From Deutsche Bank to Credit Suisse and from Barclays to
Banco Popolare, the European banking system is getting battered this week with
today's plunge the biggest in 4 months... See image ..
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For the first time
since February 3rd, USDCNH traded over 6.60 as trade data suggests both capital
outflows are building (see
Hong Kong) and the "China is fixed" narrative is breaking.
Whether the Yuan turmoil is responsible - as it has been in the past - for
Europe's weakness (and US) is unclear but the last two times the Chinese currency markets started to shudder, the
ripples didn't stop until The Fed backed right off...
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German, Japanese, and British bond yields are plumbing
historic depths as low growth
outlooks combined with event risk concerns (Brexit, elections, etc.) have sent
investors scurrying for safe-havens (away from US Biotechs). At 2.0bps, 10Y
Bunds are inching ever closer to the Maginot Line of NIRP which JGBs have
already crossed, and all of this global compression is dragging US Treasury yields to their lowest levels since February's
flash-crash... and it appears stocks are catching down to that reality.
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As the June 23rd
BREXIT (the UK-wide referendum to leave the EU) vote draws near, the polls
indicate a close result. Those urging a vote for the UK to remain inside the EU
are suggesting increasingly dire
economic consequences that would follow a yes vote by the British people
to leave. Voices from London, Brussels, and Washington have all put immense
pressure on British voters to bend to the will of the elites. To listen to their commentary one would think
that apocalypse was just around the corner. But is there any substance to their
warnings?
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- Bund Brexit rally puts zero yield firmly in sight (Reuters)
- Investors Shed Assets as Government-Bond Yields Hit Fresh Lows (WSJ)
- Stocks Retreat With Oil as Record-Low Bond Yields Point to Angst (BBG)
- Oil prices ease from 2016 highs on stronger dollar (Reuters)
- Puerto Rico Debt Crisis Bill Passes U.S. House (WSJ)
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DEMOCRACY NOW
As
California Admits 2 Million Ballots Remain Uncounted, Sanders Pushes for
Changing Primary Process
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DOWN with TYRANNY
WHITE HOUSE CALLS FBI PROBE OF
CLINTON A "CRIMINAL INVESTIGATION"
Plus :
VIDEO of Bernie Sanders
speech following the White House meeting wit President Obama
OPEN VIDEO URL: https://youtu.be/dotkhjOULB4
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GLOBAL RESEARCH
In case you miss it: Hillary
Clinton: Electing a “Foreign Spy” for President? By Prof. James Petras
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INFORMATION CLEARING
HOUSE
RT SHOWS
Keiser Report. Episode
925
Max and Stacy discuss the markets, showing what the
politicians won’t tell us: from unsustainable debts to $1 trillion debt pandas.
In the second half, Max continues his interview with author and director..
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Watching the Hawks Gitmo
blowback & full contact media with Chris Hedges (E255)
Obama Administration believes that released Guantanamo Bay
detainees may have been responsible for attacks against US troops
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Documentary Requiem
for the American dream discourse by Noam Chomsky,
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The Big Picture. Bernie
brings the revolution to DC Thom
discusses Bernie’s meeting with Obama and whether Elizabeth Warren will be
Hillary’s VP with radio host and journalist Katie Halper, Bernie’s big rally in
DC with RT Correspondent Manuel Rapalo, and whether Donald Trump...
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CrossTalk Superdelegate
tyranny? Too quick to judge? The
Democratic Party establishment and the media now call Hillary Clinton the
presumptive nominee to face off Donald Trump in November. Though this is before
the Democrats hold their convention and while Clinton is still short of...
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News with Ed Schultz News
With Ed -- June 09, 2016 Bernie’s
not backing down: Meets with Obama then holds rally in DC After a
much-anticipated meeting with President Obama, Bernie Sanders held a rally in
Washington, DC attended by thousands. Bernie isn’t backing down even after
President...
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WASHINGTON BLOG
Posted on June 10, 2016 by Charles
Hugh Smith
Most people working within dysfunctional institutions do
their best to keep the institution operating, and they naturally resent their institution being labeled
dysfunctional, as it calls into question the value of their work. Their role in
the institution is the wellspring of their identity and self-worth, and attacks
on the institution are easily personalized into attacks on their self-worth.
This is
understandable, as the need to affirm the value of one’s work is core to being
human.
Several factors work against the affirmation of an
individual’s value in centralized institutions. While some institutions are better run than others, hierarchical
institutions are ontologically in conflict with the human need for affirmation
of one’s value, purpose and meaning.
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Posted on June
9, 2016 by Robert
Barsocchini
Robert Parry says in his latest piece that while the Democrats have been
“a reluctant war party” since 1968, by nominating Hillary Clinton, they have
once again become an “aggressive war party”.
Noam Chomsky notes that indeed, Hillary Clinton would be more
“adventurous”, ie aggressive, than Trump or Sanders in terms of foreign policy,
but he and other analysts, like John Pilger, disagree with Parry that the
Democrats were, during the period Parry suggests, and perhaps any other, what a
rational person would call “reluctant” to kill.
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NOTICIAS IN SPANISH
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PRESS TV
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