SET 20 16 SIT EC
y POL
ZERO HEDGE
ECONOMICS
With just a few days before the highly anticipated OPEC meeting in
Algeria, WTI Crude prices are tumbling once again as OilPrice.com
reports a top official from the group threw cold water on the possibility of a
production freeze.
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"The GDPNow model forecast for real GDP growth (seasonally
adjusted annual rate) in the third quarter of 2016 is 2.9 percent on September 20, down from 3.0
percent on September 15."
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While homebuilder confidence spiked this mornth
to near cycle highs, Housing
Starts plunged 5.8% MoM - the biggest drop in 5 months; and building
permits slipped 0.4% MoM - the second monthly drop in a row. Below the
surface, things are more troubling as Rental unit permits (forward-looking)
dropped to April lows (perhaps the
surgeing rent-flation is finally crushing demand). Worse still Single-family
housing starts are the worst since October and down YoY.
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POLITICS
Neocons fascist UNITED
with Hillary
On Monday, Kathleen Harrington Kennedy Townsend posted a picture on her
Facebook page shaking hands next to the former president and this caption: "The
President told me he’s voting for Hillary!!”
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BESIDES ALL EVILNESS.. HILLARY LIKE NASTY INTRIGUE
Following last week's clarification from Trump that President Obama is
American-born, the mainstream media has worked hard to dispel his claims that Hillary's
team in fact started the "birther" issue. Just this morning, Hillary
exclaimed that she was "appalled" that Trump had not apologized to
Obama, which is ironic as McClatchy
has just clarified the details
on emails
that show Hillary Clinton confidant Sid Blumenthal did share "birther"
story tips.
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ME & WORLD ISSUES
On the fall of the biggest European Bnk
Deutsche's
dead-bank-bounce is over. The
last few days have seen shares of the 'most systemically dangerous bank in the
world' plunge almost 20%, back to record lows as
the DoJ fine demands re-awoken reality that the €42
trillion-dollar-derivative-book bank is severely
under-capitalized no matter how you spin asset values. However, another
question looms - Is
Deutsche Bank cooking its derivatives book to hide huge losses...
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- How Police Tracked Down Bombing Suspect Suspect Ahmad Khan Rahami (WSJ)
- Dollar Falls With Treasuries Amid Fed, BOJ Countdown; Oil Rises (BBG)
- Fed again poised to cut longer-run interest rate forecast (Reuters)
- Pipeline Break Lights a Fire Under Gasoline Prices Across Southeast (WSJ)
- U.S. investigators seek motive for NY, NJ weekend attacks (Reuters)
- Carrie Tolstedt: In the Eye of the Wells Fargo Storm (WSJ)
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DEMOCRACY NOW
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Two-Party
Tyranny: Ralph Nader on Exclusion of Third-Party Candidates from First
Presidential Debate
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GLOBAL RESEARCH
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Genetically
Modified Seeds, Global Agribusiness and the Destruction of Farming: Is India
about to Make a Catastrophic Mistake with GM Mustard? By Colin Todhunter,
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INFORMATION CLEARING HOUSE
Every generation need
a new Revolution.
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US Proxies
and Regional Rivalries . By James Petras
The decline of the empire threatens to bring
on an era of intra-proxy wars:
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"The U.S. and its allies have no legal
right to operate in Syria"
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Palestinians
Lose In US Military Aid Deal With Israel By Jonathan Cook
Washington sees no pressing strategic
interest in ending the occupation
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US Public Don’t Care If Politicians Lie By Eric Zuesse
Hillary legitimize
nasty pattern.. Trump follows
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COUNTER PUNCH
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Eric Draitser If
Hillary’s Not Able, There’s Always Kaine
[[ It means: give up ]]
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Pepe Escobar Playing
Algorithm ’n Blues
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Kevin Carson Time
to Deprogram From the Cult of National Unity
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CounterPunch News
Service We
Are With You: a Message from Kabul River to the Standing Rock Sioux
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SPUTNIK & RT SHOWS
No Ultimate Military Victory Can Be Achieved in Syria - Obama
at UNGA https://sputniknews.com/politics/20160920/1045509890/obama-unga-address.html
Barack Obama is
addressing the UN General Assembly in New York City for the last time as US
president. VIDEO: https://youtu.be/6KeH6L7t-o0
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Ruined Economies and Rising Poverty: Disastrous Aftermath of
Middle East Conflicts Christine
Lagarde https://sputniknews.com/business/20160920/1045511223/middle-east-conflicts-economy.html
3 RELATED:
3 RELATED:
1-
Almost 90% of People in Southern Syria Live in Extreme
Poverty – Report https://sputniknews.com/middleeast/20160208/1034400839/poverty-war-syria-report.html
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2-
What Economic Recovery? Quarter of EU Citizens at Poverty
Risk https://sputniknews.com/europe/20151027/1029190250/eu-economic-recovery-poverty-report.html
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3- INEQULITY FACTS & FIGURES OECD
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RT SHOWS:
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News With Ed ‘Hard to see’ how US could not know it was
hitting Syrian Army – Jatras https://www.rt.com/shows/news-with-ed-schultz/359944-news-with-ed-sept19/
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WASHINGTON BLOG
Posted on September 20, 2016 by Charles
Hugh Smith
Let’s start with a simple chart
of the Fed Funds Rate, which the Federal Reserve has pinned near zero for years.
This Zero Rate Interest Policy (ZIRP) is
the god the PhD economists in the Fed and other central banks worship as the
supreme force in the Universe, along with its even more severe sibling god, NIRP (negative interest rate policy),
which demands that banks and depositors must pay for the privilege of holding
cash.
Precisely what have ZIRP and NIRP
fixed in the global economy? The short answer is “nothing.” Instead of fixing what’s broken, ZIRP and NIRP have
pushed a broken system further along the path of self-destruction.
Let’s stipulate that not all
economics PhDs are members of the failed Keynesian Cargo Cult Priesthood. A few “professional” economists get it, but they are
heretics who are kept far from the priesthood’s temples of power: central
banks, central state Treasury departments, major university faculties, etc.
The basic problem with the
professional priesthood is they believe that their cult is a “real science,”
and their “proof” is a bunch of equations that they claim map and predict human
behavior. Like the other social sciences, economics suffers from a
pathologically obsessive envy of physics, i.e. “real science” that actually
predicts the actions of materials and objects in the real world.
⇒ Keep Reading
⇒ Keep Reading
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NOTICIAS IN SPANISH
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Nada que esperar de reunión de la
ONU sobre refugiados P Braithwaite
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EE.UU. Sospechosos David Brooks
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PRESS TV
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Million come from
Sheldon Adelson
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