OCT 4 17 SIT EC y POL
ND denuncia debacle d Globaliz neoliberal y
propone State-Social + Capit-compet in Econ
ZERO HEDGE ECONOMICS
Neoliberal
globalization is over. Financiers know it, they documented with graphics
Lo que va, viene. En política y Econ todo es
espada de doble filo y convertible en boomerang
"You know they owe a lot
of money to your friends on Wall Street. We’re gonna have to wipe that out..."
----
----
THEY wanted
inflation.. prices are going up every-day. It empower more the crooks of our
system
Few seem to ponder what global
shortages in key commodities might do to prices...
----
----
Here is some more terrible news for public employees holding
out hope that their pension is anything but a massive ponzi scheme...
…
As we noted in a post
entitled "An
Unsolvable Math Problem: Public Pensions Are Underfunded By As Much As $8
Trillion," lowering discount rates from just 7.5% to 6.0% could
result in a 65% increase in underfunded liabilities.
But you don't have to
take our word for it, even Kentucky's State Budget Director, John Chilton,
admitted in a recent letter sent out to the Kentucky Employees’ Retirement
System that if pensions were subjected to the same rules governing
single-employer private plans that their underfunded level would double and
federal law would have already required "that all benefits be frozen and
the plans terminated." Per The
State Journal:
...All of which
raises two very important questions: (1) how is it
possible that pension under-fundings continue to surge when 50% of assets have
participated in one of the biggest equity bubbles in history and (2) when
the current equity bubble bursts, which in inevitably,
will it result in a cascading failure of retirement systems across the country
and finally expose the public pension ponzi for great lie that it has
always been?
…
----
----
"While rebuilding...
after the hurricanes will hopefully boost growth in the fourth quarter, it’s worrying to see business
expectations about activity levels over the coming year drop in
September. Measured across both manufacturing and services, future
optimism is at its lowest since February..."
----
----
Following August's huge (4 sigma)
beat, ADP reports September's payrolls rose just 135k (meeting expectations)
for the weakest growth since October 2016 (presumably affected by the storms - which did
not seem to negatively affect ISM). The
smallest businesses suffered the most with an 11k drop with service-providing
jobs adding 88k (goods 48k).
----
----
POLITICS
La seudo democ y sist duopolico es obsoleto por fraudulento y
corrupto. Urge cambiarlo
BYE BYE to the old story of Russian hacker
The former CEO of Equifax, Richard Smith, is about to be grilled by the
Senate Banking Committee Wednesday, with some fiery exchanges expected between
him and Sen. Elizabeth Warren who has already slammed the company for what may be the
biggest hacker in US history.
----
----
With the race for the next Fed chair in its final stretch, the three
frontrunners to replace Yellen are Kevin Warsh, Jerome Powell, Gary Cohn. But what
are their views? Here, courtesy of BofA is the
definitive cheat sheet profiling the next Fed chair, whoever that may be.
Since
Janet Yellen last spoke (shifting hawkish), the dollar and bond yields have
surged (as have the odds of a Dec rate-hike). It is unclear whether today's opening remarks
at the fifth annual Community Banking in the 21st Century conference at the
Federal Reserve Bank of St. Louis, will offer any new insights on monetary
policy direction but given President Trump's 'shortlist', it may well be among her last
public appearances as Fed Chair.
----
----
The public is not being told the truth about what really went down in
Las Vegas.
----
----
MORE NEWS AT: Frontrunning:
October 4
- Spanish tensions bar Europe from global stocks party (Reuters)
- Catalonia to move to declare independence from Spain on Monday (Reuters)
- Catalan Police Chief Investigated For Sedition (TSR)
- Trump Suggests Puerto Rico’s Debt May Need to Be ‘Wiped Out’ (BBG)
- Trump Heads to Las Vegas After Shooting Reignites Gun Debate (BBG)
----
----
WORLD ISSUES and M-East
Global depression is
on…China, RU, Iran search for State socialis+K- compet. D rest in limbo
US equity futures were little changed as Spanish stocks and bonds
tumbled amid the growing Catalan independence crisis, while concerns over the next Fed chair dragged the dollar lower while
euphoria over China's RRR cut sent offshore Chinese stocks to the highest since
2008.
----
----
I guess nobody like
Israeli training of Police in Spain.. they may end up on the top of a Bldg too
BLIND EYE on police brutality in CATALONIA?
Hugo Adan. Oct
4, 2017
"We saw women being dragged out of polling
stations by their hair, old ladies with gashes in their forehead. The most extraordinary display and what do we get from Mr Juncker
today? Not a dickie-bird...it is quite extraordinary to realise that this union is prepared to turn a blind eye."
[[ Blind
eye?. Here something for debate.
1- If EU do so, they will dig its thumb by fostering more independence. The rule ”think globally and act locally” will prevail: It
is the only way to go beyond the collapsing neoliberal globalism.
2- If trainers and police brutality is placed in Court and convicted.. then there are chances for negotiating a new Constitution.
3- THE TASK today: Political autonomy into a new
Federation and Econ autonomy for Banks controlled by people’ customers –with a
focus on fostering small coop-business, so middle classes will raise up- THAT
WILL CREATE A NEW UNION.
4- Now big EU banks are creating big inequality by printing money from the
thin air: that is the path to huge debt and division or secession. Besides , foreign debt service create hyperinflation
(M Hudson) then the new Catalonian Central Bank has to declare ZERO DEBT TO Spain Central Bank and to EU.
5- Possible finance SOLUTION? The Tobin tax to all
transactions in the “market” or bolsa de valores and the adaptation of the
Glass Steagall Act of FDR in the US (New Deal) could pave the path to a more
fair relation among divided & conflictive classes inside a Nation.
6- For Catalonia, controlling their Bank system is historical imperative, if they got it, everything will be easy. So, make alliance
with investors dealing with ECON production and trade, no mere
speculators. If the EU still control
central Banks, nothing will be solve. The status quo of neoliberal’ disgrace
will continue.
7- In short: Catalonia has the choice of total autonomy
by joining BRICKs and adopt 2-3 currencies, or just pushing the reform of the
current Spain Constitution toward real autonomous Federation. Inside the
current “Federation” Catalonia will dye. SO, Get out .. NOW! ]]
----
----
DEMOCRACY NOW
US politics crisis:
Trump captured by Deep state to reproduce old cronyism without alter-plan
----
Rev.
Barber: Systematic Racialized Voter Suppression is the "Election
Hacking" the U.S. Must Address
----
----
GLOBAL RESEARCH
Global Econ-Pol
crisis leads to more business-wars:
profiteers US-NATO under screen
----
----
Michael Hudson wrote: “Every hyperinflation in History
has been caused by foreign debt service collapsing
the exchange rate” For more Read with caution: Why “QE for the People” Need Not Be
Inflationary at: How
to Fund a Universal Basic Income Without Increasing Taxes or Inflation By Ellen Brown
----
----
SPUTNIK and RT SHOWS
The nasty business of
US-NATO-Global-wars uncovered ..
----
The stupid story of
RU meddling is arriving to its end
----
----
----
----
----
----
----
----
----
----
----
----
----
RT SHOWS
----
----
----
----
NOTICIAS IN SPANISH
Latino America fight
to break with collapsing Empire: leftist
view on alternatives
----
Ecol Malcomidos:
“Hay que dejar de ir al supermercado, es un
sistema perverso”
----
----
----
----
LA
OMC Alejandro
Teitelbaum
Qué viene a hacer Obama por América
Latina? Emir Sader
MX: Impedir que se repita la impunidad de 1985 Edo Ibarra
MX: Impedir que se repita la impunidad de 1985 Edo Ibarra
----
----
----
----
----
PRESS TV
Global situation
described by Iranian observers.. Titles distorted n incomplete sentences
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Miss match function?
Impossible! Trump represent “el garrote” y Tillerson “la
zanahoria”. Lo que tienen en común es que los 2 mienten: se creen los reyes del
“false-flag”.
RELATED:
“My commitment to the success of the president and the country is as
strong as it was upon taking office...I have never considered leaving this post... I’m not going to deal with
petty stuff like that..."
----
----
Iran's defense capabilities Si respetas mi soberanía, respeto la tuya..
es su ley y la del UN
----
----
----
----
No hay comentarios:
Publicar un comentario