JUL 1 17 SIT EC y POL
ND denuncia debacle d Globaliz
neoliberal y propone State-Social + Capit-compet in Econ
"There's
not enough bourbon here in Kentucky to make this request seem sensible,"
said Kentucky's Democratic Secretary of State Alison Lundergan Grimes. "Not on my watch are we going to be releasing sensitive
information that relate to the privacy of individuals."
[[ SHAMEFUL “the privacy of individuals": DEMs
are the masters of fraud & corruption ]]
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ZERO
HEDGE ECONOMICS
Neoliberal
globalization is over. Financiers know it, they documented with graphics
Absent further QE or banks drawing down their
trillions in excess reserves...maybe
investors should check the color of that swan flying overhead about now?!?
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"buckle up..."
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"...but you put
them all together and the U.S. economy doesn’t look so great...What
we see is that housing has stalled, autos have turned down, retail is rolling
over, and 'winter is coming' for the U.S. health
care industry..."
LP: What about Trump’s
infrastructure proposals? Could they help the economy?
JC: That’s just another sort of fake fiscal
news, if you will. It’s going to be public-private partnerships. I have a long
experience with those: I was short Macquarie Bank, which was the originator of
these sorts of things in ’05-’06.
Macquarie
started the idea of infrastructure as an asset class idea. But it always
revolved around things like parking structures and toll roads — anything where
you can have clearly definable cash flow and where you can get an immediate
cash payment for use. It’s not water culverts or county service roads.
Macquarie did a famous deal on the Indiana toll road (which filed
for bankruptcy in 2014, collapsing in debt). It’s things like that.
Because private investors need high rates of return, these
deals generally haven’t been good deals for anybody. They haven’t
generated the cash investors anticipated. Consumers end up avoiding the toll
roads or using different parking facilities if you raise the rates too much. In
reality, we already have something [that] create[s] these infrastructure
projects: It’s call municipal finance, where municipalities and states can set
up funding vehicles and sell bonds to finance the projects.
Now we’re told that the private sector will be able to do
this better. Well, they might be able to do it better and faster, but only for
a small number of projects. Real projects that we need — repairing,
refurbishing, whatever — are tougher. You’re not going to get private
investors to sign up for those without definable cash flows. It’s something
that sounds good but when we actually start looking at projects that make sense
for private investors leveraged up with state-backed or federally-backed bonds
to do a project, we’re going to find that it winnows down the list dramatically.
LP: Who is actually going
to benefit from such projects?
JC: In my own view, these public-private
projects are not what core supporters thought they were getting with
Trump. It’s going to be great
for Wall Street investment banks, but I’m skeptical that a lot of people are
going to be able to get excited about the economic growth coming from them.
Rural people won’t benefit from them. They won’t be happening in the Deep
South, where you might need new levees. This is for parking garages at JFK. The
reconstruction of New York City’s Tappan Zee Bridge is being funded this way, a
public-private partnership. ….
LP: How serious do you
view the weaknesses in the economy we’ve discussed?
JC: One of these things that we’ve talked about
wouldn’t be so bad, but you put them all together and the U.S. economy doesn’t
look so great.
The
big 3 drivers are still housing, autos, and health care. They disproportionately count for a huge amount of activity.
What we see is that housing has stalled, autos have turned down, and health
care is possibly about to turn down. Retail is also turning down. Nike is laying
off 2 percent of its workforce. I can’t remember the
last time Nike said it was laying off people.
Again,
this could simply be cyclical, and as we reach the end of the expansion it gets
harder and harder to generate new sales as peoples’ leverage has gone up. It
could be that, but the problem is that we’re not
well equipped to handle anything other than a downturn that’s mild because the
Fed is already at near-zero interest rates.
Interestingly,
the deficit is starting to go back up because of lower tax receipts. That’s the
wrong way for the deficit to go up. New spending, like government spending on
infrastructure, would be the right way.
….
Read ALL art here: http://www.zerohedge.com/news/2017-07-01/its-fake-fiscal-news-jim-chanos-dashes-economic-pipe-dreams-fears-much-worse-come
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POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
"There's
not enough bourbon here in Kentucky to make this request seem sensible,"
said Kentucky's Democratic Secretary of State Alison Lundergan Grimes. "Not on my watch are we going to be releasing
sensitive information that relate to the privacy of individuals."
[[ SHAMEFUL “the privacy
of individuals": DEMs are the masters of fraud & corruption ]]
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Illinois,
Maine,
Connecticut:
the end of the old fiscal year and the failure of numerous states to enter the
new one with a budget, means that some of America's most populous states have
seen their local governments grind to a halt overnight until some spending
agreement is reached. Now we can also add New Jersey to this list.
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"They are tightening
the screws, little by little, while they refine all the control
mechanisms and place that security web over their
number one target: the American people...how much longer before Kissinger’s “Food as a Weapon” principle is
brought to bear? "
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Until the Fed’s mischief is stopped, and Federal Reserve
Notes are replaced with honest money, no IMF policy recommendation,
philanthropic commitment, or silly minimum wage increase, will do a lick for
rewarding hard work with equitable pay. All efforts otherwise are merely noise.
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"During a solar
minimum, we can expect more space
weather events called coronal holes....can influence the functioning and reliability of spaceborne and
ground-based systems and services or endanger
property or human health."
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WORLD ISSUES and ME
Global
depression is on…China, RU, Iran search for State socialis+K- compet. D rest in
limbo
ONE EXAMPLE to follow:
Germany
"willkommen..."
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ONETHER
EXAMPLE to follow:
People has the right to defend
themselves from genociders & oligarchical criminals
“Earlier I spoke often about limiting the ability to have
large quantities of weapons. But after the terrorist attacks, I have changed
the idea...Citizens of the Czech Republic will have the
right to acquire, retain and bear arms and ammunition."
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Impeach by corrupt senators? I disagree. We should
give power to People’ REFERENDUM to depose any
elected felon, starting with those who enter the post via fraud &
corruption
Just four months after threatening to invoke
the 25th Amendment unless Trump "gets a grip," it appears
the President's ongoing tweet-tirades have
given 25 House Democrats the ammunition to take a radical approach to
impeachment - proposing the creation of an "Oversight Commission on Presidential
Capacity."
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June turned out to be the
cruelest month for the Russia-gate industry.
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Who
bears the losses...?
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GLOBAL RESEARCH
Global
Econ-Pol crisis leads to more business-wars:
profiteers US-NATO under screen
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North
Korea’s Fast Track Missile Development: How Far It’s Come and Why It Has the
U.S. on Edge By Gregory Elich
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INFORMATION CLEARING HOUSE
Deep
on the US political crisis, their internal conflicts n chances of WW3
U.S. Retreats From Al-Tanf - Gives Up On
Occupying South East Syria By
Moon Of Alabama
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Make No Mistake, We Are Already at War in
Syria By Philip Giraldi
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U.S. Lawmakers Approves Language Revoking War
Authority By Ellen Mitchell
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Washington Has Been At War For 16 Years: Why? By Paul Craig Roberts
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U.S. War As Foreign Policy By Lois Danks Trump has authorized his war generals
to bomb whomever, wherever, and however they please
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Netanyahu Fostering Extremism And
Fascistization; Former Defense Minister
Watch - BBC HardTalk
Watch - BBC HardTalk
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SPUTNIK and RT SHOWS
The
nasty business of US-NATO-Global-wars uncovered .. pro RU view
US is 'Seeking an Excuse' to Strike the Syrian Air Base https://sputniknews.com/middleeast/201707011055143344-us-syria-attack-excuse/
Commenting on the recent CNN report that US ships and
aircraft have been moved into position and are ready to strike Syria's Shayrat
airbase if the Syrian government makes "any further moves toward a
chemical weapons attack," Lt. Gen. Evgeny Buzhinsky told Sputnik that the
US is simply looking for an excuse to strike the airbase.
On Wednesday, CNN reported that Syria's Shayrat airbase
"remains under constant overhead surveillance by the US
for further signs of whether a chemical strike may be in the
works."
It followed the claims of the White House that the US
allegedly "observed potential preparations for another chemical
weapons attack by the Assad regime."
RELATED
Is the US Really Ready for 'Unprecedented Actions' in Syria? https://sputniknews.com/middleeast/201706301055124163-us-syria-missile-attack/
"For now,
Syria's Shayrat airbase remains under constant overhead surveillance
by the US for further signs of whether a chemical strike may be
in the works. The US recently observed the movement of an aircraft
and chemical agents on a base toward possible preparation for an
attack, leading the White House to issue a public warning late Monday that
Syrian President Bashar Assad would pay a heavy price for chemical weapons
use," the broadcaster said.
It further quoted Defense Secretary James Mattis
as saying that "he believes Syria has backed down."
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Chinese Long March-5 Carrier Rocket Ready for Launch https://sputniknews.com/asia/201707021055154164-chinese-long-changzheng-rocket-ready/
Chinese high power carrier rocket Long March-5 is prepared
for the launch.
According to a launching site official, specialists are
currently carrying out the last testing and fuel the rocket, while the
weather conditions are expected to be fine for the launch.
The launch of the carrier rocket is slated for 7.20
p.m. local time [11.20 GMT]. It should deliver the Shijian-18 communication
satellite to the orbit, which might operate there up to 15 years
in case of a successful launch.
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RT SHOWS
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Keiser Report
Episode
1091 Max n Stacy
discuss emergence of ‘oligarchic America’
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WASHINGTON BLOG
Flash
points on US politics: internal contradict.. Hugh Smith good articles
reproduced
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NOTICIAS IN SPANISH
Latino
America fight to break with collapsing Empire:
leftist view on alternatives
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La guerra de Yemen en
tiempos de Trump Mark Aguirre
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El estado como
elemento del poder popular Homar Garcés
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Keiser Report 1091 ¿Será siempre México un "Estado
vasallo de EE.UU."?
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PRESS TV
Global
situation described by Iranian observers.. Titles distorted n incomplete
sentences
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