JUL 29 SIT EC y POL
ZERO HEDGE
Affirmatively
Destroying America's Neighborhoods In The War On Suburbia, ,
by
Bob Livingston via PersonalLiberty.com, Submitted by Tyler
Durden on 07/29/2015.
[This is a neocon anarchist with an anti-state euphemism . Bob departs
from a manipulated concept of authoritarianism:
All those who rule and lead a State are authoritarians, it doesn’t matter whose
social class interest they serve. Certainly, the end of all anarchist (including
Bob) is a non-state society. But at least real anarchist organize workers to
destroy the state, and in that point coincided with Marxist and Leninist who
organize the proletarian working classes to destroy the capitalist system. Bob’s
euphemistic anarchism is only an incoherent bla..bla. For instance, when he tried to apply
his concept to Obama’s policies: 1st, Bob considered that Obama is one
advocator of the “mass social re-engineering scheme”
.. 2nd he concluded that Obama “failed with a mass social re-engineering scheme
in 2010”. 3rd, the same Bob said that to Obama the mass social re-engineering scheme
is a “no sense program”? .. If that is so, Obama didn’t fail… he didn’t defend
something that had non sense. 4th
, Finally Bob concludes whit a tyipical neocon
“bobada”: “The only way to resist this tyranny is for local governments to
eschew all federal monies including Community Development Block Grants going
forward.” In short: This tour of
neocons to anarchism.. was an attempt to provide a theory to them.. But failed
miserably. ]
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Hackers
Claim John McCain Knew ISIS Execution Videos Were Staged. by Tyler
Durden on 07/29/2015
In a rather stunning
note, CyberBerkut, a Ukrainian group of hackers, claims to have hacked John
McCain’s laptop while he was in the Ukraine, and as
Techworm reports, what they have released from his June visit appears
to be a fully staged production of an ISIS execution video...
[ Interesting.. the anarchist neocon have not interest in
organizing the working classes of America.. but real interest in organizing the
mercenaries of ISIS .. Why? Those who
said that the reason is because they are getting a lot of money from the big
companies who manufacture wars.. That is partially correct.. partially because
in the case of McCain there is a psychiatric component as well.. perhaps paranoia
schizophrenic .. or something else.. What a sick senator we have. ]
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If
Spending Is Our Military Strategy, Our Strategy Is Bankrupt. by Tyler
Durden on 07/29/2015.
US global superiority in military affairs is actually the
superiority of a rich kid who thinks he’s really smart but in reality is merely
just rich. When the seemingly
endless flow of money slows (as it inevitably will), the mask of cleverness
will fall. Everyone who resented the kid will be waiting at the edge of the
playground for this day of reckoning, and because no one else will have been so
dependent on spending-as-strategy, the erstwhile rich kid will find it tough
going.
[ El arte de la Guerra consiste en derrotar al
enemigo sin recurrir a las armas. Lo dijo un Chino y lo repitió un alemán..
pero nuestros militares no estudian el Arte de la Guerra .. solo les importa el
cómo mamarle las tetas a la vaca que cada
día da menos leche… es decir, el cómo crear la bancarrota del Estado y así la total derrota económica, política y militar..
en ese orden.. querer revertir ese orden es en nuestros días soberana idiotez ]
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Presenting
Jeremy Grantham's "10 Topics To Ruin Your Summer". S-by Tyler
Durden on 07/29/2015
In GMO’s latest
quarterly missive, Jeremy Grantham is back with another dose of inconvenient
truthiness, this time in the form of "ten quick topics to ruin your
summer"... thinks you should
worry about going forward:
- A new era of lower trend GDP growth
- Resource scarcity
- Oil
- The environment
- Food shortages
- Income inequality
- The death of “majoritarian electoral democracy”
- The Fed
- Asset bubbles
- The limits of humankind
Here are some
excerpts from Grantham’s thoughts on each topic:
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Bill
Gross Explains (In 90 Seconds) How It's All A Big Shell Game. S-by Tyler
Durden on 07/29/2015
"All
global financials markets are a shell game right now... There is no doubt
that the price of assets right now is a question mark... and ultimately when
Central Banks stop manipulating markets where that price goes is up for
grabs... and probably points down"
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Hillary
Saves Capitalism! ?? Submitted
by Tyler Durden on 07/29/2015
Why would anyone even think that Ms. Clinton – who has
never held an honest job in the private sector – could possibly have any idea
about how to save capitalism… or how long an investment should be held?
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The War On
Cash: Why Now?. Submitted by Tyler
Durden on 07/29/2015
Why are governments
suddenly so keen to ban physical cash? The answer appears to be that the banks
and government authorities are anticipating bail-ins, steeply negative interest
rates and hefty fees on cash, and they want to close any opening regular depositors
might have to escape these forms of officially sanctioned theft. The
escape mechanism from bail-ins and fees on cash deposits is physical cash, and
hence the sudden flurry of calls to eliminate cash as a relic of a bygone age —
that is, an age when commoners had some way to safeguard their money from
bail-ins and bankers’ control.
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Congress
Proposes Fraudulent New Law To "Fix" Social Security. S-by Tyler
Durden on 07/29/2015
When people think about Social Security, they think that
all the problems are decades away. Wrong. The Disability Insurance (DI) fund reserves are expected to be depleted
by next year. The other trust fund, OAS, is projected to “become depleted and
unable to pay scheduled benefits in full on a timely basis in 2034.” Which
means that if you’re 47 or younger, you can kiss Social Security goodbye. Not
to worry, though. Congress is on the case... the only problem with their
solution - it's fraud!
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Currency
Devaluation: The Crushing Vice Of Price Submitted by Tyler Durden on 07/29/2015
Authorities pushing
currency devaluation as a cure for their stagnating economies might want to
study Frederic Bastiat's insight into the eventual cost and consequences: "For
it almost always happens that when the immediate consequence is
favorable, the later consequences are disastrous, and vice versa.”
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Damn
It, Janet - Act Now, Before It Is Too Late!!. Submitted by Tyler Durden on 07/29/2015
Given the irrefutable historical testimony of the
disasters which ensue once a construction boom takes full root – and also given both the empirical and
Austrian-theoretic conclusion that this is one of the most interest rate
sensitive sectors in the economy – can we please act now, before it is
too late, Janet?
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Top
Factors Undermining Any Oil Price Recovery. Submitted by Tyler Durden on 07/29/2015
Global oil prices have returned to a state of flux. This is hardly news to any who follow the
oil markets closely and yet prices continue to drive international headlines.
While oil prices are notoriously difficult to predict, it has failed to deter
the speculators. There are those warning
that the latest dip is a precursor for $40 a barrel, a catastrophe for oil
markets in some minds. On the other end of the spectrum are the optimists
betting on a return to $100 by 2020. The World Bank has taken a typically
middle-of-the-road approach, with forecasts
of $57 a barrel in 2015. That said, given Iran’s potential
revitalization, Russia’s murky
outlook, and U.S. shale supply limits uncertain, prices will be responsive
to supply and demand trends; at least in the short to medium term.
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Banks
Squirm As Congress Moves To Cut The 6% Dividend Paid To Them By The Fed. Submitted by Tyler
Durden on 07/29/2015
Did you know that the Federal Reserve pays an annual 6%
dividend to its shareholders, i.e.,
the member banks of the cartel? Must be nice, considering savers who had
nothing to do with cratering the world economy, and failed to receive a
taxpayer funded bailout, can barely earn 0.5% on their money. It’s also quite
bizarre. How many other “public institutions” have private shareholders to
whom they pay 6% risk free dividends? None, which once again highlights
the point that the Federal Reserve is NOT a public institution working on
behalf of the citizenry, but is rather a banking cartel designed to
enriched and protect its member banks (as we saw on clear display in 2008).
It appears that some members of Congress are now targeting the estimated $17
billion per year paid out by the Fed to its member banks via the
highway-funding bill.
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Greek
Bonds Tumble As Tsipras Threatens Snap Election. Submitted by Tyler Durden on 07/29/2015
10 year Greek bond
yields are spiking this morning (and prices therefore plunging) as trading
actvity picks up in the dormant peripheral capital markets. The 2025s are
downover 5pts from their last traded price back in late June with yields
spiking back up toward 12.5%. This derisking comes after, as
we detailed earlier, not only is the Greek
economy collapsing but while Brussels is "satisfied with the smooth
and constructive cooperation with the Greek authorities and that should
allow us to progress as swiftly as possible," Greek PM Tsipras is
threatening snap election as rebellion within 'his' party grows.
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The
Layoffs Return: Energy Giants Chevron, Saipem To Fire Over 10,000 Workers. Submitted by Tyler
Durden on 07/29/2015
Overnight, US energy
major Chevron announced it will cut 1,500 jobs globally "as the company
aims to reduce internal costs in multiple operating units and the corporate
center." According to Rigzone,
"the San Ramon, Calif.-based energy company will cut 950 positions in
Houston, 500 positions in San Ramon and 50 positions internationally." But
it's not just the US, because moments ago Italy's biggest oil and gas industry
contractor Saipem announced
that not only is it cutting its guidance, sending its stock plunging, but
also reported that it plans to cut 8,800 workers by 2017.
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Tsipras
Threatens Snap Elections As Syriza Rebellion Threatens To Derail Bailout. Submitted by Tyler
Durden on 07/29/2015
With creditors now
on the ground in Athens, and with a third prior actions vote in parliament due
at the first of August, Greek PM Alexis Tsipras spoke out about the new bailout
"deal", debt re-profiling, the referendum, party politics, and the
possibility of early elections in an interview with Sto Kokkino radio station.
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Submitted by Tyler
Durden on 07/29/2015 - 07:28
- Fed expected to push ahead with rate hike plan (Reuters)
- Upbeat earnings lift European stocks ahead of Fed (Reuters)
- Chevron to Cut 1,500 Jobs (Rigzone)
- Can Windows 10 Revive PC Sales? (WSJ)
- U.S. Junk-Bond Buyers Left in Dark as Private Deals Become Norm (BBG)
- Jeb Bush Drawing Big Bucks From GOP Establishment (WSJ)
- Myriad of Greek Risks Means Money Managers in No Hurry to Return (BBG)
- Gas production at Gazprom set to hit post-Soviet low (FT)
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GLOBAL RESEARCH
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NEWS IN SPANISH
El pacto militar entre Grecia e
Israel. Manilo
Dinucci
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