JUL 14 16 SIT EC
y POL
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IT IS TIME FOR US TO MOVE ON & continue the REV abandoned
by S
LA LUCHA CONTINUA . Build
a United mass party for the 99% is our task.
Demobilizing our movement and handing over our
fate to corporate politicians will only embolden the right. Kshama Sawant
“It was the strength of the powerful labor and socialist
movements of the 30s and 40s that forced major concessions from Democrat
Franklin Roosevelt, and it was the strength of the
anti-establishment movements of the 60s and 70s that won major concessions from
Republican Richard Nixon. Both times the leadership of these parties gave not
one inch more than they were forced to by movements.
“We have an historic opportunity now to begin building toward
a new mass party of the 99%. We need
a party based on genuine democracy, with an elected and recallable leadership.
“It’s time to build our own party for a real revolution – one
powerful enough to challenge corporate domination, institutional racism,
poverty, and economic inequality – to win all the things our movement has been
fighting for” .. Said Kshama Sawant in Bernie Sanders Abandons the Revolution
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ZERO HEDGE
ECONOMICS
With global rates at zero to negative, money will
continue to chase U.S. Treasuries for the higher yield. This will continue to push yields lower as the global economy
continues to slow. What would cause this to reverse? It would require either an economic rebound as last seen in 50’s and 60’s
or a complete loss of faith in the U.S. to pay its debts such as a collapse of
the Government and the onset of the “zombie apocalypse.” We no
longer have the drivers of manufacturing, demographics or credit expansion for
the former, so I am ready for the latter.
..
Who’s Buying It?
Now, a rash of global
Central Banks continue to support asset prices by increasing accommodative
policies either through additional reductions in interest rates or direct
injections of liquidity. As Matt King from Citi recently noted:
“It has been a surge in net global central
bank asset purchases to their highest level since 2013.”
SEE FIGURE 1 BELOW https://realinvestmentadvice.com/wp-content/uploads/2016/07/Central_bank-liquidity.jpg
With the ECB in full
QE mode, the BOC now using $300 billion in Pension Funds to prop up prices, and
the BOJ now moving towards an additional $130 billion in QE as well, the
liquidity push continues.
..
Interestingly,
despite the push by Central Banks to loft asset prices higher, individual
market participants as measured by the Investment Company Institute (ICI) have
a different idea.
SEE IMAGE AT: https://realinvestmentadvice.com/wp-content/uploads/2016/07/ICI-Net-Equity-Inflows-071416.png
As shown in the chart above, despite asset prices ringing
all-time highs, net equity inflows have turned decisively negative. This was much the same case following the
2012 market rout and it wasn’t until the launch of QE3 in 2013 that investors
began to once again chase the markets.
The same can be seen
for the American Association of Individual Investors as shown below.
SEE IMAGE AT: https://realinvestmentadvice.com/wp-content/uploads/2016/07/AAII-Allocation-Survey-071416.png
..
SEE ALSO THE GRAPHIC : BORROWING FROM THE FUTURE
AT: https://realinvestmentadvice.com/wp-content/uploads/2016/07/Quinn-Sp500-GDP-Earnings-071416.jpg
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"Year-over-year numbers have not been encouraging
of late," warns National Asscociation of Credit Managers' economists Chris Kuehl, noting that the "nice little run of steady improvement
in NACM’s Credit Managers’ Index seems to have come to an end."
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POLITICS
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This is what the elites fear most: the possibility that despite all their
efforts of surveillance and manipulation, individuals and groups may one day be
struck by an unpredictable urge to pick up a rifle and put the the globalists
out of everyone’s misery. No chatter, no electronic trail, no warning. This is why they are destined to lose. They can never know
all the unknowns. They can never control all the free radicals. There will always be rebellion. There will
always be a liberty movement.
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Wealth and income inequality is real, and the gap is growing.
So is the consequent rise of socialism?.
People know they’re getting screwed. And they are. just don’t know why...
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In a stunning study
released today, one which refutes all its prior conclusions on the matter,
McKinsey slams the establishment's status quo thinking and admits that the
economic gains of changes in the global economy have not been widely shared
lately, especially in the developed world. It finds that between 2005 and 2014,
real incomes in the world's most
advanced economies were flat or fell for 65 to 70% of households, or more than
540 million people.
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While hardly a
surprise to those who have been following the republican vice presidential
race, moments ago Roll Call reported, citing a source, that Trump will pick
Indiana governor Mike Pence as his vice president. In addition to Pence, Trump
has considered former speaker of the House Newt Gingrich, New Jersey Gov. Chris
Christie and Army Gen. Michael Flynn for the No. 2 spot on his ticket
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ME & WORLD ISSUES
THE BARBARITY OF
NEOLIBERALISM: GLOBAL INEQUALITY UP
Washington's
"sinkhole of leeches,"
where money 'corrupts' and House members are "puppets" to lobbyists
who bankroll their campaigns is
officially the region with the greatest wealth inequality in the world.
According to OECD data via Goldman Sachs, the average household disapoable
income in Washington D.C. is 165% of the national average, higher than any
other region in the world...
BIG PICTURE AT: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/07/11/20160714_dc_0.jpg
Of course, none of this should come as a great surprise
to Zero Hedge readers. To be sure, we
had previously shown that when it comes to the rate of return on
lobbying, the rates were simply staggering, and ranged anywhere between 5,900%
for oil subsidies, to 22,000% for multinational tax breaks and even higher for
America's legal drug dealers.
IMAGE LOCATION AT: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/05-2/Lobbying%20ROI_0.jpg
And just in case what is happening is still unclear, here
is the breakdown of the Top 25 contributors (full data set can be found
as spreadsheet,
html,
or csv),
or rather beneficiaries, of America's so-called "democracy."
SEE IMAGE AT : http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/03/corp%20IRR_0.jpg
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DOWN with TYRANNY
Now socialists are
building strong alliance with Black Life Matter
Soon you will see these posters in streets: Democratic
Socialists with BLM!
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GLOBAL RESEARCH
Historic
Law Suit Against Barack Obama: White House Argues that Funding The War against
Syria and Iraq Makes War Legal By Nika Knight,
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Video:
Watch the US State Department Try To Explain Why US Weapons Keep Ending Up in
Al-Qaeda Hands By Alex Christoforou,
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THE REAL NEWS NETWORK http://therealnews.com/t2/
Alexandr Buzgalin and
Paul Jay discuss the antagonism between Russia and US despite the former
adopting 'Jurassic Park capitalism' since the demise of the USSR
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Friday, The Real News replays a Reality
Asserts Itself with Senator Bob Graham about the Saudi connection to the Twin
Tower attacks
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“Washington, the War Criminal Capital of the World Is Driving The
World To Nuclear War ”By Paul Craig Roberts
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Obama’s Race War is No Accident By
Sartre
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INFORMATION CLEARING HOUSE
‘If NATO
Encroaches On Nuclear Russia, It Will Be Punished’ By Sergey
Karaganov
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Western
Propaganda for a New Cold War By Rick Sterling
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The Sanders
Sell-Out and the Clinton Wars to Come. By Gary Leupp
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Why it
Matters the Dallas Police Used a Drone to Kill Someone in America. By Peter Van
Buren
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COUNTER PUNCH
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Ann Garrison – John Bannister Are Obama and Clinton Counting on
Republican Majorities to Pass TPP?
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Now’s the best time to join forces with Black Lives Matter
and hit the streets. Register voters in swing states, rally the troops, protest
them from now up to election day. ..
Vote the lesser evil? don’t buy this
hollow word of cowards. The stench is already too much to bear.
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Franklin Spinney
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Binoy Kampmark
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On LEV or “less than
evil voting.” David McDonald has written, “Lesser Evil Politics: Really, Noam? Hubert
Humphrey?” In the piece he writes, “Back in ’68,
Chomsky says, ‘the ultra-left faction of the peace movement’ caused the
election of Richard Nixon by ‘minimizing the comparative danger’ of a Nixon
presidency, thereby making the huge strategic mistake of foisting Nixon on the
world, prolonging the Vietnam War by ‘six years’ and causing senseless deaths
and untold suffering because we voted our hearts, not our minds.”
When I asked Chomsky about this article Chomsky asserted, the
“ultraleft”
itself was too small to swing the vote, but they were referring to the far
greater group who accepted McDonald’s position, who very likely did swing the
vote.
Andrew Smolski also,
on Chomsky’s voting position, in his, “To My Less-Evilism Haters: A Rejoinder to
Halle and Chomsky,” states that, “Worse yet, Halle and Chomsky are decidedly wrong in their
assessment, hiding behind their religious belief that the utilitarian logic
they employ is obvious and a priori correct. They willfully ignore that the
logic of lesser evil voting (LEV) is a causal mechanism pushing the political
structure to the right. They cannot fathom that their strategy is part
of the rightward drift, even while they admit that that rightward trend exists,
which is why, in Chomsky’s words, Democrats are now “Moderate
Republicans”.
….
MY COMMENTS
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NOTICIAS IN SPANISH
El eurofederalismo o la cama de
Procusto. Bruno Guigue
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Keiser report.
La
solución a los problemas de la deuda del mundo
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PRESS TV
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Iraq
celebrates victories with major parade in Faluya against Takfiri Daesh
terror
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