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Wednesday, August 27, 2014

PUTIN "IS" going to have a REPLY to This!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Obama "IS" Bound and Determined to FUCK UP the Whole REGION!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=Obama+Middle+East  


Obama Wants New ISIS War Plan ASAP
By Josh Rogin

Leading U.S. officials now believe that America has to expand its air war against ISIS into Syria, but nobody knows yet how we can do it… or what will happen next.

President Obama wants to decide by the end of the week whether or not his war in Iraq against the Islamic State will expand to the group’s haven in eastern Syria. But nearly everything about the potential military campaign is still in flux, administration officials tell The Daily Beast—from the goals of the effort to the intelligence needed to carry it out.

ISIS’s murder of American photojournalist James Foley and its continued military expansion have pushed the administration into an urgent drive to take action against the Islamic extremists in Syria. Despite the new urgency, the plans for such a strike are far from complete. In a series of high-level meetings Tuesday—including one gathering of the Principals’ Committee, the administration's top national security officials—White House staffers and cabinet secretaries alike struggled to come up with answers to basic questions about the potential strikes. Among the unresolved issues: whether the U.S. has reliable intelligence on ISIS targets in Syria; what the objectives and limits of the strikes would be; and how the administration would defend the action legally, diplomatically, and politically.

http://www.thedailybeast.com/articles/2014/08/27/obama-wants-a-syria-war-plan-this-week.html


Bashar Al Assad Is Laying a Deadly Ambush for Obama in Syria
By Fred Hof

President Barack Obama's decision to authorize aerial surveillance of Islamic State in Iraq and Syria (ISIS) positions in Syria suggests that airstrikes employing manned and unmanned aircraft may not be far behind. All of this is right and proper. Yet danger lurks. The head of Syria's preeminent crime family—President Bashar Al Assad—waits, crocodile-like, for the American angler to tumble out of the boat. For Assad, opportunity knocks. If he handles matters correctly he can, with an assist from American inaction, return to polite society while others do the anti-ISIS heavy lifting for him.

From the beginning of Syria's 2011 popular uprising against a corrupt, incompetent, cynical, and brutal regime, Assad has pursued with singleminded discipline a very simple strategy: Sell oneself as the fire brigade to help hose the flames of one’s own arson. Determined to create an alternate opposition that would overwhelm peaceful protest, Assad emptied his jails of violent, Islamist prisoners and employed tactics of violent sectarianism to lure back to Syria the Al Qaeda in Iraq (AQI) terrorists his regime once escorted to Iraq from Damascus. As AQI in Syria morphed into ISIS and the Nusra Front, and as foreign fighters swelled their ranks, Assad's message—amplified by Iran and Russia—has been unchanging: "I am the bulwark against terrorism. Sooner or later the West will have to crawl back into my good graces."

Assad, his minions, and his apologists believe the hour of deliverance is nigh. Walid Al Mouallem, foreign minister of the pseudo-government providing clerical services to the ruling clan, has warned Washington against violating Syria's sovereignty while offering coordination and collaboration against ISIS. The Obama administration has responded appropriately to the offer: with contemptuous rejection. Still, danger lurks in the murky waters of Levantine political intrigue.  

http://www.newrepublic.com/article/119226/us-airstrikes-isis-syria-are-not-enough-punish-assad-too


WTF White House Statement Of The Day: Syria Airstrikes Edition

 

When President Obama bragged earlier that "The United States is and will remain the one indispensable nation in the world..." adding that "no other nation can do what we do," we should have guessed some more war-mongering was coming... and sure enough. As AP reports, it appears Syrian airstrikes are on their way, but there's a mind-blowing twist in US foreign policy: "In an effort to avoid unintentionally strengthening the Syrian government, the White House could seek to balance strikes against the Islamic State with attacks on Assad regime targets." In the words of the Guinness commercial, Brilliant.

http://www.zerohedge.com/news/2014-08-26/wtf-white-house-statement-day-syria-airstrikes-edition 


Possible airstrikes in Syria raise more questions
By KEN DILANIAN AND JULIE PACE

WASHINGTON (AP) - The intelligence gathered by U.S. military surveillance flights over Syria could support a broad bombing campaign against the Islamic State militant group, but current and former U.S. officials differ on whether air power would significantly degrade what some have called a "terrorist army."

Further complicating the plans, any military action against Islamic State militants in Syria would also have the effect of putting the U.S. on the same side as Syrian President Bashar Assad, whose ouster the Obama administration has sought for years.

The Islamic State group is headquartered in the Syrian city of Raqqah and has been fighting the Assad government, though it is also at war with moderate rebels who have received arms and funding from the U.S. The group, which controls a large part of eastern Syria, crossed into Iraq earlier this year and has captured much of the Sunni sections of northern and western Iraq, prompting U.S. airstrikes to protect American personnel in that region.

U.S. officials say that surveillance drones and spy planes had begun flying over Syria on the orders of President Barack Obama, who is considering a series of military options against the extremist group that also killed an American, journalist James Foley, and is holding an American woman hostage.

http://m.apnews.com/ap/db_268798/contentdetail.htm?contentguid=HhRZK0ku


SYRIA...........................................""Holy SHIT""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=SYRIA&max-results=20&by-date=true 
Attention American Taxpayer.........................Obama and the Fricking ""LIBERALS"" in the ***House of PAIN***(Congress) are going to Force YOU to PAY For $$$$$Hundreds of BILLIONS in NEWS Costs to cover the Expenses of ***ILLEGAL Immigration***!!!!!!!!!!!!!!!!!!!!!!!! And TO Black America, It's going to Cost YOU JOBS.........................Hundreds of Thousands of LOST Jobs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


America, Your being SCREWED Blind by Obama and the Fricking LIBERAL Press with Their Illegal Immigration Agenda!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Exclusive: An Inside Look At America’s Most Protected Border
By Vince Coglianese   

SAN DIEGO, Calif. — Guarding the southwestern-most point in the continental United States is considered a rare privilege for Border Patrol agents.

It’s not hard to see why.

The “still watch” agent who sits here for long hours in the driver’s seat of his truck is treated to some spectacular views.

To the north lies Southern California’s largest coastal wetland, stretching for miles. On a clear day, downtown San Diego rises on the horizon in full relief.

http://dailycaller.com/2014/08/26/exclusive-an-inside-look-at-americas-most-protected-border/


Justice Dept. Opens New Asylum Gate For Guatemalans
By Neil Munro

The Department of Justice’s board of immigration appeals has decided to let Guatemalan women win asylum in the United States if they claim to be victims of domestic violence.

The decision creates a huge new incentive for Guatemalan women to cross the U.S. border, because if their asylum claim is accepted, their children get U.S. citizenship, plus the use of federal health, education and retirement programs, regardless of their initial education and work skills.

The new decision also means that many of the Guatemalan women who have already crossed the border this year have a new claim for asylum.

“Under this breaking decision from the Board of Immigration Appeals, many [migrant] women [detained at the detention center] Artesia may be eligible for asylum,” said Ben Winograd, a lawyer who is paid to help foreigners win residency and citizenship.

http://dailycaller.com/2014/08/26/justice-dept-opens-new-asylum-gate-for-guatemalans/ 


Feds Search for 'Transportation Services for Unaccompanied Children'
By JERYL BIER

The Immigration & Customs Enforcement agency renewed its search this week for "Transportation Services for Unaccompanied Children" crossing the border into the United States. An earlier notice posted in January of this year seeking "escort services" for an estimated 65,000 unaccompanied children raised questions about the Obama administration's prior recognition of the effect that news of its Deferred Action for Childhood Arrivals (DACA) plan would have on primarily Central American parents who mistakenly believed their children would benefit from the program.

The current notice says that ICE will award an "indefinite delivery, indefinite quantity (IDIQ) contract" to provide "unarmed escort staff, including management, supervision, manpower, training, certifications, licenses, drug testing, equipment, and supplies necessary to provide on-demand escort services for non-criminal/non-delinquent UAC ranging from infants to 17 years of age, seven (7) days a week, 365 days a year. Transport will be required for UAC or family groups, to include both male and female juveniles."

The documents note that the "volume of UAC apprehensions continues to create numerous operational challenges for DHS" as "apprehensions doubled in fiscal year (FY) 2012, reaching 12,000." A chart included in the documents illustrates the tremendous increase in the use of contractors to handle the increased traffic:

http://www.weeklystandard.com/blogs/feds-renew-search-transportation-services-unaccompanied-children_803894.html


Pew Survey: 1/3 of Mexicans Want to Move to America; 60% Disapprove of Peña Nieto's Economy
By Tony Lee

As Mexican President Enrique Peña Nieto travels across California and declares America to be "the other Mexico," a Pew Research survey has found that 60% of Mexicans disapprove of Peña Nieto on the economy. Perhaps as a result, a plurality of Mexicans think that life is better across the border, and a third want to move to America.

In addition, the Pew survey found that "two-thirds are dissatisfied with the way things are going in Mexico today" while "only 30% are satisfied with the country’s direction." That may be why "a plurality of Mexicans (44%) believe life is better north of the border for those who migrated from Mexico" and "roughly a third (34%) still say they would move to the U.S. if they had the opportunity, including 17% of Mexicans who would do so" illegally. Fewer Mexicans, though, said they had close friends and family in the United States than in years past.

http://www.breitbart.com/Big-Government/2014/08/26/Pew-Survey-1-3-of-Mexicans-Want-to-Move-to-America-60-Disapprove-of-Pe-a-Nieto-s-Economy 


BROWN TO ILLEGALS: WELCOME TO CALIFORNIA!


 

Gov. Jerry Brown to Mexican Illegals: 'You're All Welcome in California'
By Tony Lee

On Monday evening, California Governor Jerry Brown said all Mexicans, including illegal immigrants, are welcome in California.

According to the Los Angeles Times, while introducing Mexican President Enrique Peña Nieto, who said America is "the other Mexico," Brown "spoke about the interwoven histories of Mexico and California." He "nodded to the immigrants in the room, saying it didn't matter if they had permission to be in the United States."

"You're all welcome in California," Brown reportedly said.

Brown has made California a sanctuary state by signing the Trust Act, giving driver's licenses to illegal immigrants. He has also expanded financial aid to illegal immigrants by signing the California DREAM Act. Peña Nieto reportedly "thanked state officials for embracing foreigners, citing measures that extend state benefits to immigrants."

http://www.breitbart.com/Big-Government/2014/08/26/Jerry-Brown-to-Mexican-Illegals-You-re-All-Welcome-in-CA


La Raza: Five Million the 'Floor' of What We Want to See Obama Do
By Caroline May

The White House has indicated that President Obama will take some kind of executive action on immigration at the end of summer, but the administration has been tight-lipped about the specifics of such a move.

Reports have indicated that the executive action could provide legalization for some five million undocumented immigrants already in the United States – something Lisa Navarrete, adviser to the president of La Raza, explained to Breitbart News in a Tuesday interview would be welcome but really the “floor” number of what her group is looking to accomplish.

http://www.breitbart.com/Big-Government/2014/08/26/La-Raza-5-Million-the-Floor-of-What-Want-to-See-Obama-Do 


Illinois taxpayers foot $4.7 billion cost of illegal immigration

As President Obama considers sidestepping Congress to loosen U.S. immigration policy, a Reuters poll shows that 70 percent of Americans are deeply worried that illegal immigration is threatening this nation’s culture and economy. Because Congress cannot agree on comprehensive immigration reform with amnesty as its goal, Obama is threatening to act alone in the next few weeks through an executive order to give work permits to up to five millions undocumented immigrants and delay some deportations.

A report in September of last year indicated that 11.7 million illegal immigrants are residing in the U.S. In Illinois the illegal immigrant population has remained constant since 2010 at 550,000. Although the unemployment rate in Illinois dropped to 7.1 percent in June of this year, (not counting those individual who have stopped looking for jobs), it was still 1.0 percentage points higher than the national rate for the month.

The state’s dismal employment picture isn’t helped in that, according to FAIR (Federation for American Immigration Reform), 394,015 jobs were held by illegal aliens in 2013.
If five million illegal immigrants are given work permits through an executive order signed by Obama (which many feel is illegal because it would bypass Congress), not only would it be easier for these illegal aliens to be hired, but it would also signal to others crossing the border illegally that in time they too will be so honored.

http://madisonrecord.com/arguments/265847-illinois-taxpayers-foot-4-7-billion-cost-of-illegal-immigration


IRS Still Struggling With Tax Treatment Of Immigrants, Changes Rules Again
By Kelly Phillips Erb

Tax refund fraud costs taxpayers billions of dollars each year. In an effort to curb fraud, the Internal Revenue Service has made a number of  changes over the past few years, including new controls over Individual Taxpayer Identification Numbers (ITINs) which took effect in 2013. Those rules, however, are changing again.

ITINs are numbers assigned to taxpayers who are not eligible to obtain Social Security Numbers. Social Security Numbers are generally assigned to U.S. citizens and those noncitizens who are authorized to work in the United States by the Department of Homeland Security (downloads as a pdf). Social Security Numbers and ITINs are intended to be used only for tax and benefits purposes but as banks, schools and insurance companies use them as identification numbers, more and more folks want them for non-tax purposes: only a quarter of ITINs assigned since the program began in 1996 have been used to file tax returns.

According to a 2012 study by the Treasury Inspector General for Tax Administration (TIGTA), the IRS was all too happy to comply with requests for ITINs without checking to make sure those requests were valid. As a result, TIGTA found significant potential for “the improper assignment of ITINs to individuals who have not substantiated their identity or foreign status.”

http://www.forbes.com/sites/kellyphillipserb/2014/08/27/irs-still-struggling-with-tax-treatment-of-immigrants-changes-rules-again/ 


Arizona Superintendent: Illegals Will Bankrupt Schools
By Blake Neff

A possible amnesty for illegal immigrants could be devastating to Arizona’s public schools, warned state superintendent John Huppenthal.

The law already requires state governments to educate all children, regardless of their legal status, but Huppenthal still said that a widespread amnesty for illegal immigrants, which it has been rumored President Obama may unilaterally implement, could encourage fresh arrivals and inundate the state’s education system with additional migrants.

“In the past there have been complex effects … depending on how it’s worded, how it’s structured, how it’s administered,” Huppenthal said of immigration reform efforts. “All of these things could inadvertently open up the flood and hit us, hit us hard.”

He produced figures making the claim that if 10,000 additional illegal immigrants were added to the state’s schools, the price tag would surpass $50 million for the state’s taxpayers.

http://dailycaller.com/2014/08/21/arizona-superintendent-illegals-will-bankrupt-schools/


It’s school time; do you know where the illegal immigrant children are?
By Deborah Simmons

Education officials across the country are in the process of testing their old and new math skills as annual back-to-school rituals begin taking shape.

On individual schools’ and school districts’ resource ledgers, there are textbooks, computers, personnel head counts, school buses and routes, lockers, desks and chairs, chalk, blackboards and audio-visual equipment.

You know, the stuff that makes a school a school — an appropriate learning environment for the young people who cross the schoolhouse threshold.

And then come the young people — the intended recipients of public education dollars who put those ‘readin’, writin’ and ‘rithmetic skills to the real test.

Who, exactly, are the recipients?

Unfortunately, in many instances, we may not know.

http://www.washingtontimes.com/news/2014/aug/18/simmons-its-school-time-do-you-know-where-the-ille/?page=all 


""*****Illegal Immigration*****""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=Illegal+Immigration&max-results=20&by-date=true
Temporal Trends in U.S. Housing
By Political Calculations

It's a mistake to treat housing prices as if they're a function of time. They're not. But we're going to treat them that way today to illustrate how differently the trend in median new home sale prices has behaved since institutional investors dialed down their year-long buying frenzy after July 2013. The chart below reveals what we find: 


Trailing Twelve Month Average of Median U.S. New Home Sale Prices, January 1963 through July 2014  
http://politicalcalculations.blogspot.com/2014/08/temporal-trends-in-us-housing.html#.U_319WOGPIY


U.S. Housing...................................Now Comes the CORRECTION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=U.S.+Housing&max-results=20&by-date=true 
This ""FAUX"" Recovery has been ALL ""BIG Government"" BULLSHIT Pumped by the ""PIMPS"" of Wall Street!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=%22%22FAUX%22%22+Recovery&max-results=20&by-date=true 


Eye of the Storm, Part 1
July 27, 2014
By Adam Feik

What’s “normal” for financial markets and investing?

A brief stroll through the last 100 years

In the 20th century, we all became accustomed to a “normal” that meant the following:

    Growing prosperity
    Major technological advances
    Free market capitalism
    Economic growth
    Rising wages
    Rising living standards
    Improving life expectancies
    “8-10% average annual returns” from the stock market (as so many financial advisors are fond of saying to this day).

It was a century in which American ingenuity, productivity, and industry dominated and led the world – especially after World War II.

http://www.advisorperspectives.com/dshort/guest/Adam-Feik-140827-Eye-of-the-Storm-Part-1.php


ROTFLMFAO in TEARS Again!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Folks ALL of the Money Printing around the World Can't STOP the HELL that's Coming!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

CBO Sees Wider U.S. Deficit as Slower Growth Cuts Revenue
By Kasia Klimasinska

The budget deficit in the U.S. this year will be wider than predicted four months ago as weaker-than-expected economic growth in the first half hurt tax revenue, the Congressional Budget Office said.

The projected shortfall will be $506 billion in the 12 months ending Sept. 30, compared with an April prediction for $492 billion, the nonpartisan CBO said today in a report. That would be 2.9 percent of gross domestic product, compared with a gap of $680 billion, or 4.1 percent, last fiscal year, it said.

http://www.therealnewsmatters.com/2014/08/rotflmfao-in-tears-again-folks-all-of.html 


The ""NEW Normal""..........................Nothing has Changed since 2008 except there "IS" More Global DEBT Today than there WAS 6 YEARS Ago!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=NEW+Normal


Ambrose Evans-Pritchard:
*****"In the 30 years or so that I have been writing about world affairs and the international economy, I have never seen a more dangerous confluence of circumstances, or more remarkable complacency."***** 

http://www.therealnewsmatters.com/2014/08/an-interview-with-ambrose-evans.html

NOW This "IS" Really going to ""PISS OFF"" Putin!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Ukraine crisis: Nato plans east European bases to counter Russia

Nato chief announces move in response to Ukraine crisis and says alliance is dealing with a new Russian military approach
By Ian Traynor in Brussels

Nato is to deploy its forces at new bases in eastern Europe for the first time, in response to the Ukraine crisis and in an attempt to deter Vladimir Putin from causing trouble in the former Soviet Baltic republics, according to its secretary general.

Anders Fogh Rasmussen said the organisations's summit in Cardiff next week would overcome divisions within the alliance and agree to new deployments on Russia's borders – a move certain to trigger a strong reaction from Moscow.

He also outlined moves to boost Ukraine's security, "modernise" its armed forces and help the country counter the threat from Russia.  

http://www.theguardian.com/world/2014/aug/26/nato-east-european-bases-counter-russian-threat


Finland Says NATO an Option After Russia ‘Violates’ Border Laws
By Kati Pohjanpalo 

Finnish President Sauli Niinistoe said joining NATO remained an option for the Nordic country as Prime Minister Alexander Stubb criticized Russia for what he characterized as an illegal incursion into Ukraine.

“Russia has violated international justice,” Stubb said today in a speech in Helsinki. “We cannot bargain over territorial sovereignty. Russia did wrong. We have seen enough of the justice of the strong on this continent.”

Niinistoe urged the European Union to step up its focus on defense spending amid an escalating crisis in Ukraine. Unlike its Baltic neighbors, Finland has so far opted to remain outside the North Atlantic Treaty Organization. Yet calls to consolidate Finnish defenses have grown. General Jarmo Lindberg, commander of the Finnish Defense Forces, said in an interview this month Europe needs to be prepared for a sudden deterioration at its eastern frontier.

Finland has the EU’s longest border with Russia. Russian state aircraft have violated Finnish airspace at least four times this year.

“The possibility of military alliance through membership in NATO will remain as one option for our security policy also in the future,” Niinistoe said today. “European Union security and defense policy hasn’t developed as we had hoped.” 

http://www.bloomberg.com/news/2014-08-26/finland-says-nato-an-option-after-russia-violates-border-laws.html


Finland and Sweden to strengthen ties with Nato

Two countries to sign host nation support agreement allowing assistance from Nato troops in emergency situations
AP

Finland and Sweden plan to work more closely with Nato by signing a pact that allows assistance from alliance troops in the Nordic countries in emergency situations, officials said on Wednesday.

The move comes as Nato prepares for a summit next week in Wales amid heightened tensions with Russia over the crisis in Ukraine. Finland shares a 1,300km (800-mile) border with Russia.

The Finnish government said the host nation support agreement applies to situations which include "disasters, disruptions and threats to security". It also enables joint training exercises and military cooperation.

Finnish defence ministry senior adviser Mika Varvikko said Finland intended to sign the agreement at next week's summit. Sweden is also expected to do so.

http://www.theguardian.com/world/2014/aug/27/finland-sweden-strengthen-ties-nato 


Ukraine Fighting Rages On After Leaders Hail Summit
By Kateryna Choursina, Jake Rudnitsky and Volodymyr Verbyany

Fighting in eastern Ukraine between government forces and pro-Russian rebels raged on after the Russian and Ukrainian presidents hailed as “positive” talks last night on ending the conflict.

Ukraine’s military said today that its forces killed 225 rebels and destroyed three tanks during the past 24 hours. Thirteen government soldiers were killed and 36 wounded, a military spokesman, Andriy Lysenko, said at a briefing in Kiev, reporting intensified fighting near the Sea of Azov close to the Russian frontier.

Russian President Vladimir Putin met his Ukrainian counterpart, Petro Poroshenko, at a summit in Minsk, Belarus. Ukraine blames its neighbor for stoking the insurgency in the east with manpower and weapons, an allegation Russia denies. Five months of unrest and more than 2,000 deaths have sparked the worst standoff between Russia and its former Cold War foes in two decades and unleashed sanctions on both sides.

http://www.bloomberg.com/news/2014-08-26/putin-says-ukraine-talks-positive-political-deal-mulled.html 


Ukraine Bonds Slide Sixth Day as Recession Outweighs Putin Talks
By Andras Gergely

Ukrainian Eurobonds fell, sending yields higher for a sixth day, as concern the recession will worsen amid fighting between the army and pro-Russian separatists overshadowed steps toward resolving the conflict.

The yield on dollar-denominated notes due in July 2017 rose 32 basis points to 10.87 percent by 2:43 p.m. in Kiev, the highest since Aug. 8 and taking the six-day increase to 114 basis points. The debt is yielding 131 basis points more than bonds maturing in 2023, the widest gap in more than two weeks. The hryvnia weakened 2.4 percent to 13.94 per dollar, bringing this month’s slide to 12 percent, the most in the world.

Economists are pushing their forecasts for Ukraine’s recession lower after months of separatist fighting that’s killed more than 2,000 people. Russian President Vladimir Putin said today that talks toward a political resolution were “positive,” while Ukraine’s leader Petro Poroshenko said Russia backed a peace strategy to stem fighting between the army and pro-Russian insurgents.

The fact that there is “no clear end in sight” to the military escalation is weighing on bonds, Fyodor Bagnenko, a Kiev-based fixed-income trader at Dragon Capital, said by e-mail today. The recession is “leading to the weakening hryvnia and in turn driving concerns for banking sector losses and a worsening of the debt-to-GDP ratio,” he said.

http://www.bloomberg.com/news/2014-08-27/ukraine-bonds-slide-sixth-day-as-recession-outweighs-putin-talks.html


Ukraine accuses Russia of stepping up military activity in Crimea
By Annie Gowen and Karoun Demirjian

KIEV, Ukraine — Ukraine accused Russia on Wednesday of stepping up military activity in the annexed territory of Crimea and sending in troops to help separatists near a key seaport in southeastern Ukraine.

In a briefing Wednesday, Andriy Lysenko, a spokesman for the Ukrainian military, said that Russian troops are increasing their activity in Crimea, the autonomous Ukrainian peninsula that was taken over by pro-Russian separatists and annexed by Moscow in March. According to NATO, Russia has already massed about 20,000 combat-ready troops along Ukraine’s border.

Lysenko cited Ukrainian military intelligence reports as showing that Russian units are conducting surveillance with drones from Crimea. He said three Russian military helicopters have violated Ukrainian airspace from the territory.

http://www.washingtonpost.com/world/europe/ukraine-accuses-russia-of-stepping-up-military-activity-in-crimea/2014/08/27/1ddeabf8-2de2-11e4-9b98-848790384093_story.html 


Russian Paratroops in Ukraine: Lost in a Game of Thrones (Video)
By Alexey Eremenko, Ivan Nechepurenko

A slew of reports about Russian paratroopers slain or captured in Ukraine have reignited fears of a Russian invasion in the war-torn country, but confusion reigned supreme, indicating that the stories are above all part of the propaganda battle.

The reports came ahead of a long-awaited meeting of the Russian and Ukrainian presidents in Minsk, and both sides were ramping up psychological pressure ahead of the event as part of the media war, experts said.

The reports may be based on facts, but one thing was clear: A military intervention was out of the question, analysts on both sides told The Moscow Times on Tuesday.

"The truth is extremely hard to determine … but this [reports of Russian soldiers captured in Ukraine] is an isolated incident, in any case," said Mikhail Pogrebinsky of the Center of Political and Conflict Studies in Kiev.  

http://www.themoscowtimes.com/news/article/russian-paratroops-in-ukraine-lost-in-media-haze-video/505944.html


Ukraine crisis forces European defense spending rethink
By Adrian Croft

(Reuters) - Russian President Vladimir Putin's actions in Crimea and eastern Ukraine may achieve what successive U.S. defense secretaries have failed to do -- persuade European NATO members to spend more on their armed forces.

The Ukraine crisis has been a reality check for NATO countries that believed they no longer faced a pressing military threat following the collapse of the Soviet Union.

After years of sharp defense cuts, partly forced on them by the financial crisis, there are signs that some NATO countries, particularly in central and eastern Europe, are ready to increase defense spending, or at least stop the slide.

Some, alarmed by Russia's actions in Ukraine, which is not a NATO member, are bringing forward purchases of weaponry.

The United States, NATO's dominant power, has seized on the Ukraine crisis to drive home its argument that European allies must spend more on their own defense. It is pressing for a formal commitment from the Sept. 4-5 NATO summit in Wales.

"I hope to see a common commitment to a gradual increase in defense investments," NATO Secretary-General Anders Fogh Rasmussen told Reuters in an interview this month.

http://www.reuters.com/article/2014/08/27/us-nato-summit-spending-idUSKBN0GR1EB20140827 



NATO Russia
http://www.therealnewsmatters.com/search?q=NATO+Russia&max-results=20&by-date=true 



UKRAINE...............................It's going to get MUCH Worse!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=UKRAINE&max-results=20&by-date=true
ROTFLMFAO in TEARS Again!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Folks ALL of the Money Printing around the World Can't STOP the HELL that's Coming!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Ambrose Pritchard "IS" One of MY All Time Favorites and here is a 30 Minute Interview that Should make EVERY Investor who has Exposure to Equities to Stop and THINK about What's going to Happen when this ""QE"" Bullshit ENDS or FAILS!!!!!!!!!!!!!!!!!!!!!!!!!!

And He also Covers the HELL that's Building in Asia and the Relations between Russia and China!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  

http://www.therealnewsmatters.com/2014/08/ambrose-pritchard-is-one-of-my-all-time.html



CBO Sees Wider U.S. Deficit as Slower Growth Cuts Revenue
By Kasia Klimasinska

The budget deficit in the U.S. this year will be wider than predicted four months ago as weaker-than-expected economic growth in the first half hurt tax revenue, the Congressional Budget Office said.

The projected shortfall will be $506 billion in the 12 months ending Sept. 30, compared with an April prediction for $492 billion, the nonpartisan CBO said today in a report. That would be 2.9 percent of gross domestic product, compared with a gap of $680 billion, or 4.1 percent, last fiscal year, it said.

The economy will expand 1.5 percent in the fourth quarter of 2014 from the same period last year, compared with 3.1 percent growth predicted in February, the CBO said. Unemployment this year will average 6.2 percent before declining to an average of 5.9 percent next year, it said.

“The economy will grow slowly this year, on balance, and then at a faster but still moderate pace over the next few years,” the CBO said in the report.

The gap will keep narrowing next year as the jobless rate falls, lifting individual and corporate tax revenue, the CBO said. It will be the sixth consecutive year of declining deficits as measured as a share of GDP since a level of 9.8 percent -- the widest on record -- was reached in 2009, according to CBO data.

The 2015 deficit is seen at $469 billion, unchanged from the CBO’s April forecast.

The U.S. budget deficit over the first 10 months of this fiscal year was $460.5 billion, 24 percent slimmer than it was during the same period a year earlier, according to Treasury data released earlier this month. Revenue over that period rose 8 percent compared with a year earlier, while spending gained 1.2 percent, the Aug. 12 report showed. 

http://www.bloomberg.com/news/2014-08-27/cbo-sees-wider-u-s-deficit-as-slower-growth-cuts-revenue.html


First Comes the ""GROWTH Recession"" THEN the MOTHER of ALL ""GLOBAL Recessions""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=GROWTH+Recession&max-results=20&by-date=true 

An Interview With Ambrose Evans-Pritchard

 

In this first of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars met up with the Telegraph's Ambrose Evans-Pritchard to discuss geopolitical tensions in the world, China's challenges, threats to the global economy and the expectations for gold.

Ambrose Evans-Pritchard, is the international business editor of the British newspaper The Telegraph. He was the Telegraph’s Washington bureau chief in the 1990s. While he hardly needs an introduction to regular Zero Hedge readers, whose recent statement encapsulating the global economy, from July 25, is as follows: *****"In the 30 years or so that I have been writing about world affairs and the international economy, I have never seen a more dangerous confluence of circumstances, or more remarkable complacency."***** 

http://www.zerohedge.com/news/2014-08-26/interview-ambrose-evans-pritchard 

 

 

The Greatest Depression? German Yields Now Negative Through 2017

 

Another night, another sell-side bank suggests European QE must be getting closer and, along with more un-de-escalation in Russia-Ukraine, the bid for German bonds continues to surge as Europe's greater depression appears increasingly priced into bonds. Yields on all German bonds out to 3 years are now negative and 10Y Bunds have collapsed to 90.5bps - record lows. This in turn - as we explained here - is dragging Treasury yields lower (10Y 2.36%) but leaves the spread to Bunds at record highs.

http://www.zerohedge.com/news/2014-08-27/greatest-depression-german-yields-now-negative-through-2017 

 

More Bad News Out Of Europe Coupled With Hopes For More QE Push Stocks, Bonds Higher

 

If the big hope propelling both ES and S&P cash over 2,000 was the Ukraine-Russian talks, leading to some de-escalation and a thawing of Russian-German conditions, then it was clearly a dud. As the WSJ reports, "face-to-face talks between the Russian and Ukrainian presidents failed to produce a breakthrough for ending the conflict over eastern Ukraine, as Kiev released videos of captured Russian soldiers and rebels pushed toward a government-held city. The one-on-one session, which Ukraine's President Petro Poroshenko described as "tough and complex," ended early Wednesday after a day of talks on the crisis in the Belarusian capital of Minsk. Mr. Poroshenko said afterward that he would prepare a "road map" toward a possible cease-fire with the pro-Russia separatists." In other words, absolutely no progress. There was however escalation, when overnight the September Bund future rose as much as 36 ticks to 151.18, after Poland PM Tusk said “regular” Russian troops are operating in eastern Ukraine. And so we are back to square one, with concerns over Russia pushing European bonds to new record highs, in turn leading to more US Treasury buying, while a brand new rumor of more easing from the ECB, this time by Deutsche Bank, has propped up European equities, which like US futures are trading water around the critical 2000 level.

http://www.zerohedge.com/news/2014-08-27/more-bad-news-out-europe-coupled-hopes-more-qe-push-stocks-bonds-higher 


Europe Bond Gains Push Yields From Spain to Germany to Records
By David Goodman and Lukanyo Mnyanda

Euro-area bonds advanced, pushing 10-year yields from Spain to Germany to record lows, amid speculation the European Central Bank is prepared to expand its stimulus plan as the region’s economic outlook dims.

Negative Yields

The advance in Germany’s bonds has pushed yields on one-, two- and three-year securities below zero, meaning investors holding the debt until it matures will receive less back than they paid to buy it.

Germany auctioned one-year bills at an average yield of minus 0.031 percent on Aug. 25, the least since July 2012. The nation’s two-year yield was little changed today at minus 0.022 percent. The rate dropped to minus 0.046 percent on Aug. 25, the lowest since December 2012. The three-year note yielded minus 0.01 percent, after the rate slid to minus 0.04 percent on Aug. 25, the least since April 2013.

A report today by GfK AG in Nuremberg showed a measure of German consumer confidence for September declined more than economists forecast, adding to signs the region’s economic malaise is spreading. French factory confidence fell to the lowest in 13 months in August, INSEE, the national statistics office in Paris, said today.

http://www.bloomberg.com/news/2014-08-27/euro-area-bond-gains-push-yields-from-italy-to-france-to-records.html


Is Europe Where the U.S. Was 5 Years Ago?

Aug. 22 (Bloomberg) –- Peterson Institute for International Economics Senior Fellow Anders Aslund, Dartmouth College Economics Professor David Blanchflower and Bloomberg’s Michael McKee discuss ECB President Mario Draghi and Europe’s economy. They speak on “Taking Stock.”

http://www.bloomberg.com/video/european-economy-is-it-where-the-u-s-was-5-years-ago-MyQs2ZayQ9qAi1WnHs9NPA.html 


France, Italy Growth Rates Seen as `Systemic Risk'

Aug. 14 (Bloomberg) -- Yannick Naud, chief investment officer at Sturgeon Capital Ltd., discusses the outlook for euro-area economies, European bonds and investments in Russian assets. He speaks with Manus Cranny and Mark Barton on Bloomberg Television's "Countdown."  

http://www.bloomberg.com/video/france-italy-growth-rates-seen-as-systemic-risk-uGU3vBGKQ2ev_~3wxbTGCA.html


France, Italy Have `Real Problems,' Schulz Says

Aug. 21 (Bloomberg) -- Europe's periphery is showing "tremendous progress," according to Christian Schulz, an economist at Berenberg Bank. Schulz discusses the outlook for euro-area growth including Germany's domestic economy and the remaining "problems in the core." He speaks with Jonathan Ferro on Bloomberg Television's "On the Move."

http://www.bloomberg.com/video/france-italy-have-real-problems-schulz-says-RPkwNI1dTeOC1bY8j7uojg.html


To YOU Readers from Europe.......................Are YOU Seeing a Pattern HERE??????????????????????????????????


Europe: Stagnation, Default, Or Devaluation
By Louis & Charles Gave via Evergreen Gavekal

Last week’s Jackson Hole meeting helped to highlight a simple reality: unlike other parts of the world, the eurozone remains mired in a deflationary bust six years after the 2008 financial crisis. The only official solutions to this bust seem to be a) to print more money and b) to expand government debt. Meanwhile, Europe’s already high (and rising) government debt levels and large budget deficits raise the question whether we should worry about ‘debt thresholds’, past which increasing deficits, and hence growing sovereign debt, no longer add to growth? Such a constraint could come from one of at least two sources:  

http://www.therealnewsmatters.com/2014/08/to-you-readers-from-europe.html


EUROPE..............................Totally SCREWED for the REST of this DECADE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=EUROPE&max-results=20&by-date=true 


First Comes the ""GROWTH Recession"" THEN the MOTHER of ALL ""GLOBAL Recessions""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=GROWTH+Recession&max-results=20&by-date=true 



Ambrose Evans-Pritchard

http://www.therealnewsmatters.com/search?q=Ambrose+Evans-Pritchard&max-results=20&by-date=true 

Tuesday, August 26, 2014

Ambrose Pritchard "IS" One of MY All Time Favorites and here is a 30 Minute Interview that Should make EVERY Investor who has Exposure to Equities to Stop and THINK about What's going to Happen when this ""QE"" Bullshit ENDS or FAILS!!!!!!!!!!!!!!!!!!!!!!!!!!

And He also Covers the HELL that's Building in Asia and the Relations between Russia and China!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 


Ambrose Evans-Pritchard - 'America more financially powerful'

The Matterhorn Interview - Video interview with Ambrose Evan-Pritchard

"Ironically, America has never been as powerful financially as it is now"

In this first of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars met up with Ambrose Evan-Pritchard to discuss geo-politcal tensions in the world, China's challenges, threats to the global economy and the expectations for gold.

Ambrose Evans-Pritchard (1957), is the international business editor of the British newspaper The Telegraph. He was the Telegraph’s Washington bureau chief in the 1990s. Until 2004 he served as the Telegraph’s EU correspondent in Brussels. Before joining the Telegraph, he has worked for The Spectator (in Washington under Reagan/Bush I) and The Economist (in Latin America). Mr. Evans-Pritchard attended Malvern College, Trinity College, Cambridge University, and La Sorbonne.

https://www.youtube.com/watch?v=a3tPljeiT-Y


Ambrose Evans-Pritchard
http://www.therealnewsmatters.com/search?q=Ambrose+Evans-Pritchard&max-results=20&by-date=true 
To YOU Readers from Europe.......................Are YOU Seeing a Pattern HERE??????????????????????????????????


Europe: Stagnation, Default, Or Devaluation

By Louis & Charles Gave via Evergreen Gavekal

Last week’s Jackson Hole meeting helped to highlight a simple reality: unlike other parts of the world, the eurozone remains mired in a deflationary bust six years after the 2008 financial crisis. The only official solutions to this bust seem to be a) to print more money and b) to expand government debt. Meanwhile, Europe’s already high (and rising) government debt levels and large budget deficits raise the question whether we should worry about ‘debt thresholds’, past which increasing deficits, and hence growing sovereign debt, no longer add to growth? Such a constraint could come from one of at least two sources:
http://www.zerohedge.com/news/2014-08-26/europe-stagnation-default-or-devaluation 


Europe: Stagnation, Default, Or Devaluation

By Louis Gave & Charles Gave

http://origin.library.constantcontact.com/download/get/file/1101293191091-1604/Daily+8.25.14.pdf 




The Socialists Running the EU have Totally LOST Control of YOUR Destiny!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

PUTIN Has You ALL by the ""BALLS"" and YOU have Only Yourselves to BLAME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

You Folks are going to PAY Dearly when Your NEXT ""Great Recession"" comes to Your Door Steps in 2015 Thanks to ""BIG Government""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Europe will be Russia's hostage over gas supplies for at least another decade

Policymakers will have no choice but to continue buying gas from Russia until at least the mid-2020s and "potentially much longer", according to Fitch
By Szu Ping Chan

Europe will remain heavily reliant on Russian gas for at least another decade, according to a leading rating agency.

Fitch said a lack of alternative sources meant policymakers would have no choice but to continue buying gas from Russia until at least the mid-2020s and "potentially much longer".

Europe already buys a quarter of its gas from Russia, and analysts expect consumption to increase by a third by 2030 as economies recover from the debt crisis and gas-fired electricity generation replaces old coal and nuclear power. 

http://www.telegraph.co.uk/finance/newsbysector/energy/11056880/Europe-will-be-Russias-hostage-over-gas-supplies-for-at-least-another-decade.html


EUROPE Natural Gas
http://www.therealnewsmatters.com/search?q=EUROPE+Natural+Gas&max-results=20&by-date=true 


German fighter jets unable to fly and mechanics forced to borrow spare parts, claims magazine

A report in Spiegel magazine says German air force is weaker than previously thought and a funding crisis means scores of aircraft are not operational
By Justin Huggler in Berlin 

http://www.therealnewsmatters.com/2014/08/omg-gen.html


Holy CRAP..........................Japan "IS" Really BAD but EUROPE "IS" a Total Fucking TRAIN WRECK and NO amount of ""QE"" VooDoo "IS" going to STOP the HELL that's Coming!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Europe must prepare for a cold Russian winter
By Russia Foundation chair David Clark

(CNN) -- The meeting on Tuesday between Russian President Vladimir Putin and his Ukrainian counterpart, Petro Poroshenko, marks the beginning of a new phase in the conflict between the two countries.

Military analysts say that the date by which Putin could have safely hoped to initiate and complete a full scale invasion of Ukraine before the onset of winter has already passed, so the threat of an open military confrontation has receded and there is space to give diplomacy a chance.

http://www.therealnewsmatters.com/2014/08/holy-crap.html 


Game OVER Europe.......................The ECB "IS" Totally SCREWED because THEY have Run out of TIME because the Business Cycle has PEEKED and NOW Comes the ""***GREAT Reset***""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Europe’s Fitful Financial Integration
By Howard Davies

Howard Davies, a professor at Sciences Po in Paris, was the first chairman of the United Kingdom’s Financial Services Authority (1997-2003). He was Director of the London School of Economics (2003-11) and served as Deputy Governor of the Bank of England

LONDON – The well-publicized troubles of Portugal’s Banco Espírito Santo this summer have reminded us that the eurozone’s financial problems are by no means resolved. There are, no doubt, idiosyncratic factors behind the bank’s problems, stemming from its exposure to other parts of the Espírito Santo family’s empire. But when the bank announced a first-half loss of €3.6 billion ($4.7 billion), the sudden collapse of confidence was alarming, and nervous investors are asking whether there are similar time bombs ticking elsewhere.

http://www.therealnewsmatters.com/2014/08/game-over-europe.html 


German economy 'losing steam' as business confidence plunges again

Survey of optimism among companies adds to gloom enveloping Europe's biggest economy
By James Titcomb

Germany's businesses are rapidly losing confidence in the prospect of a recovery in the eurozone, in a further blow to the single currency's biggest economy.

Companies' assessment of the business climate is now at a 13-month low, having deteriorated for four successive months, according to a survey of 7,000 firms conducted by the Munich-based IFO think tank.

http://www.therealnewsmatters.com/2014/08/german-economy-losing-steam-as-business.html


Ukraine is step away from default - Fitch

The Fitch ratings agency has downgraded Ukraine to one step above default grade, as the Ukrainian currency the hryvnia hits a record low, and the economy balances on the brink of a collapse.

Fitch cut the long-term local currency Issuer Default Rating (IDR) of Ukraine from B-,signifying a default risk, to CCC, where default is a real possibility, and affirmed its long-term foreign currency IDR at CCC, it said in a statement on Friday.

http://www.therealnewsmatters.com/2014/08/ukraine-is-step-away-from-default-fitch.html 


Is the euro-area economy grinding to a halt?

Banks hate naysayers but the serious people of Brussels and Frankfurt need to face reality
By Chris Johns

One of the ways to get on in life is to be an optimist. Inside most of the world’s corporations, to acquire the reputation of a critic, or even to be described as a bit gloomy, is to risk career death. Within banks, naysayers are kept away from all of the important jobs and are usually confined to the risk- management office, often found located in the basement. Only the permanently upbeat, forever cheerful types get near the executive suite.
http://www.therealnewsmatters.com/2014/08/5-things-to-watch-in-europe-next-week_22.html



EUROPE...............................Totally FUCKED for the REST of this DECADE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.therealnewsmatters.com/search?q=EUROPE&max-results=20&by-date=true 
OMG!!!!!!!!!!!!!!  Gen. Gerhard Barkhorn 

Gerhard Barkhorn scored 301 victories, achieved in 1,104 missions, ALL His Victories were WON on the Russian Front.

Barkhorn33.jpg

Must be Rolling in his GRAVE with THIS Stunning News of the Condition of the German Air Force HE helped put back together after WW II!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://en.wikipedia.org/wiki/Gerhard_Barkhorn 



https://www.google.com/search?q=Gen.+Gerhard+Barkhorn&client=firefox-a&rls=org.mozilla:en-US:official&channel=sb&tbm=isch&tbo=u&source=univ&sa=X&ei=wBn9U8mQLYOLiwKoqoDgBA&ved=0CDcQsAQ&biw=1056&bih=443 



http://www.luftwaffe.cz/barkhorn.html 





Germany, What the HELL?????????????????????????????????????????


I Met the General and spent an afternoon, after knocking on his door (My Dad told me to just go up to the HILL and Introduce myself................HE lived next door to David Jones, Commander USAFE and BRYCE POE, Vice Commander USAFE) doing a Q&A about the Air War in Europe and My Dad who would occasionally have Lunch with Him in the Officers Club at Ramstein AFB. His last Command was the Commander of 4th ATAF and while my Dad was the Base Commander he got to know the General pretty well because Dad and his Base Construction Engineers(Germans) were renovating his New Headquarters that was once the Elementary School for Ramstein.  

What a Remarkable Experience!!!!!!!!!!!!!!!!!!!!!! A National Hero, A Consummate Professional, and a Walking Talking History Book of WW II, And Folks HE was like talking to an Uncle and his Wife was SOOOOOOOOOOO Very Cordial.


 

You Europeans REALLY Need to get FUCKING Serious about YOUR Own ""***National Defense***""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



German fighter jets unable to fly and mechanics forced to borrow spare parts, claims magazine

A report in Spiegel magazine says German air force is weaker than previously thought and a funding crisis means scores of aircraft are not operational
By Justin Huggler in Berlin 


German fighter jets unable to fly and mechanics forced to borrow spare parts, claims magazine

The German air force is facing such a severe funding shortage that many of its aircraft are unable to fly, mechanics are forced to cannibalise parts from existing planes and only eight of the country's 109 Eurofighters are fully operational, according to a report in Spiegel magazine.

German defence sources have rubbished the article, saying it is inaccurate and does not match up to official air force logs.

But the claim that Germany's air force is not as strong as previously thought will cause concern among its Nato allies at a time of growing worldwide instability.

Germany has the fourth largest air force in Europe, yet the Spiegel report suggests it is far weaker in reality than it is on paper.

Many aircraft are badly in need of repair, and spare parts are in such short supply that mechanics have resorted to taking them from existing planes, said the magazine.  

http://www.telegraph.co.uk/news/worldnews/europe/germany/11057330/German-fighter-jets-unable-to-fly-and-mechanics-forced-to-borrow-spare-parts-claims-magazine.html



Marode Bundeswehrausrüstung: Luftwaffe am Boden

Die Ausrüstung der Bundeswehr ist marode: Viele Kampfjets und Transportmaschinen sind nach SPIEGEL-Informationen nicht einsatzbereit. Die Bundesregierung will nicht darüber reden.

Berlin - Die Bundesregierung hat am Montag leicht gereizt und einsilbig auf einen SPIEGEL-Bericht über gravierende Ausrüstungsmängel bei der Bundeswehr reagiert. Ein Sprecher von Verteidigungsministerin Ursula von der Leyen (CDU) erklärte, der Ausrüstungszustand der Bundeswehr sei eine interne Angelegenheit, die er nicht in der Öffentlichkeit diskutiere. Ausdrücklich dementieren wollte er die dramatischen Zahlen zur Bereitschaft bei der Luftwaffe jedoch nicht. Der Sprecher sagte lediglich, die Truppe sei für "den Normalfall" gut ausgerüstet - ohne zu definieren, was als normal gilt.

Der SPIEGEL berichtet in seiner neuen Ausgabe unter Berufung auf einen vertraulichen Bericht der Luftwaffe über schwere Ausstattungsmängel bei der Bundeswehr, die die außenpolitischen Pläne für ein stärkeres, internationales Engagement der Bundeswehr infrage stellen. Demnach sind etliche Kampfjets vom Typ "Eurofighter", Transportflugzeuge und -hubschrauber derzeit nicht startklar, weil Ersatzteile fehlen und sich Reparaturen verzögern. Folgende Mängel sind in dem Papier unter anderem aufgelistet:

http://www.spiegel.de/politik/deutschland/bundeswehr-unter-von-der-leyen-marode-ausruestung-bei-luftwaffe-a-987940.html

Marode Bundeswehrausrüstung: Deutsche Luftwaffe - bedingt flugbereit 

The equipment of the Bundeswehr is ailing: Many fighter jets and transport planes are not ready for use according to SPIEGEL information. The federal government does not want to talk about it.

Berlin - The German government has irritated easily on Monday and monosyllabic to a SPIEGEL report on serious equipment deficiencies in the army responded. A spokesman for Defence Minister Ursula von der Leyen (CDU) said that the equipment state of the Bundeswehr was an internal matter which he does not discuss in public. However, he did not deny explicitly the dramatic figures on standby in the Air Force. The spokesman said only that troops were for "the normal case" well equipped - without defining what is considered normal.

Der Spiegel reports in its new issue, citing a confidential report on the Air Force heavy equipment deficiencies in the army, which represent the foreign policy plans for a stronger, more international involvement of the Bundeswehr into question. Accordingly, several fighter jets of the type are "Euro Fighter" , transport aircraft and helicopters currently not ready, because spare parts are missing and delayed repairs. The following deficiencies listed in the paper, among other things:

https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.spiegel.de%2Fpolitik%2Fdeutschland%2Fbundeswehr-unter-von-der-leyen-marode-ausruestung-bei-luftwaffe-a-987940.html&edit-text=&act=url 


Missing Mechanics: Many Armed Forces airplanes are not operational
Transall-Transportflugzeug der Bundeswehr: Nur 21 von 56 sind einsatzbereit
 

The federal government is flying relief supplies in northern Iraq, and weapons deliveries are planned. However, according to SPIEGEL information, the capacity of the Air Force is severely limited. 56 Transall transport planes are only 21 operational.

Hamburg - The supply of German small arms and anti-tank missiles to Kurdish forces is hotly debated in the Federal Government on Wednesday to drop a final decision. Now it is clear from a confidential report to the head of the Department of Defense: The operational capability of the Air Force is severely limited.

According to the report, which SPIEGEL, are of the 109 combat aircraft of type Euro Fighter only eight fully available ( Read the whole story in new MIRROR. ). During transport helicopter CH-53 are fully operational by 67 aircraft only seven. When helicopter NH90, which was also used in Afghanistan, there are only five of 33 machines.

The same is true according to SPIEGEL information for the Transall transport aircraft for the transport of supplies and weapons in Iraq are provided. 21 of the 56 machines are available for use. Another internal report are cited as reasons for the low standby about the NH90, that the spare part supply "significantly delayed" and "almost unplannable" was. In addition, there was no qualified riggers, says the paper. The level of education attained approximately at the location at Fassberg military personnel, only 62 percent among civilian staff of eight percent.

https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.spiegel.de%2Fpolitik%2Fdeutschland%2Fbundeswehr-unter-von-der-leyen-marode-ausruestung-bei-luftwaffe-a-987940.html&edit-text=&act=url


Capacity of German Air Force in Iraq severely limited: reports
Xinhua News Agency

BERLIN, Aug. 24 (Xinhua) -- The capacity of German Air Force is severely limited in northern Iraq, German media Spiegel Online reported on Sunday.

According to a confidential report delivered to the head of the German Department of Defense, only 8 of 109 combat aircraft of type Eurofighter, 7 of 67 CH-53 transport helicopters, and 3 of 33 NH90 helicopters are fully operational.

Similarly, according to Spiegel information, only 21 of the 56 Transall transport aircraft that are intended for the transport of supplies and weapons to Iraq are available for operation.

Another internal report also noted that there was a lack of qualified mechanics.

Germany is prepared to supply weapons to the Kurds in northern Iraq, said German Foreign Minister Frank-Walter Steinmeier and German Defense Minister Ursula von der Leyen on Wednesday after a cabinet meeting in Berlin.

The supply of German weapons to Kurdish forces is hotly debated in the German Government. A final decision will be made next Wednesday.  

http://www.globalpost.com/dispatch/news/xinhua-news-agency/140824/capacity-german-air-force-iraq-severely-limited-reports



Baltic Fears: NATO Debates Directing Missile Shield against Russia

With fears of Moscow growing after its intervention in Ukraine, NATO member states in Eastern Europe would like NATO to direct a planned missile-defense system against Russia as well. The calls have divided the military alliance. 


NATO officials are considering deploying a long-planned missile defense system -- aimed at protecting Europe from attacks from the Middle East -- against Russia as well, SPIEGEL has learned.

Calls for such an expansion to the system's remit, which is backed by the United States, are growing in Poland as well as in NATO member states Lithuania, Estonia and Latvia. In the run-up to next week's NATO summit, the four countries called for the remaining members to agree on language at the summit that would pave the way for the plan. They feel threatened by Russia's intervention in Ukraine.

But the majority of NATO members, especially Germany, are opposed to the proposal, warning that it could result in an unnecessary provocation of Moscow. Representatives of these countries have warned that NATO has for years pledged to Russia that the missile defense system would not be directed at the country. Further debate on the issue has since been delayed until after the summit.

http://www.spiegel.de/international/europe/nato-considers-missle-shield-directed-against-russia-a-987899.html



Europe Military
http://www.therealnewsmatters.com/search?q=Europe+Military 
Don't Fear Rising Interest Rates? Really?
By Lance Roberts

There has been much commentary published as of late discussing when the Federal Reserve will begin raising interest rates. Generally, attached to the heels of that discussion, are comments suggesting that investors have nothing to fear from such an event. However, is that really the case?

Much of the case built behind the current financial market levitations, which has been a directly impacted of Federal Reserve interventions, has been: 1) low interest rates are supportive of higher valuations (aka Fed Model), 2) the yield curve (10 year - 3 month yield) is positive; and, 3) increases in interest rates lead to higher stock prices.  Let's take a look at these three arguments in a bit of detail.

Low Interest Rates Support Higher Valuations

This theory is primarily built around a very flawed idea which has been dubbed "the Fed Model." The basic premise is that if the "earnings yield" of equities (the inverse of P/E - Earnings divided by Price (E/P) is higher than the interest yield of bonds, then investors should be in equities.

The problem here is twofold. First, you receive actual income from owning a Treasury bond, along with a return of principal function, whereas there is no tangible return from an earnings yield on stocks. Therefore, if I own a Treasury with a 5% yield and a stock with a 8% earnings yield, if the price of both assets do not move for one year - my net return on bond is 5% and on the stock it is 0%. Which one had the better return?  This has been especially true since the turn of the century where stock performance has lagged bonds and cash (until just recently.) Yet, analysts keep trotting out this broken model to entice investors to chase one of the worst performing asset classes.

http://streettalklive.com/index.php/blog.html?id=2362


Lance Roberts
http://www.therealnewsmatters.com/search?q=Lance+Roberts&max-results=20&by-date=true 
China’s falling real-estate prices trigger protests, clashes
By Laura He

HONG KONG (MarketWatch) — The sharp drop in China’s housing prices has led to an outburst of anger among property owners, leading to violent clashes in some cases, according to local media reports Tuesday.

In one case, scores of property owners surrounded a Shanghai sales office of Greentown China Holdings Ltd. 3900, +8.58% GTWCF, -33.19%  to protest the developer’s 25% cut to prices within a five-day period, according to a report on the NetEase NTES, +0.67%  news portal site 163.com.

Protesters held banners with slogans such as “You cheated us!” and “300,000 yuan [$48,750] worth of assets evaporate within five days — years of work in vain!” according to photographs of the demonstration posted on the site.

The report quoted a sales manager from Greentown as saying that the price-cut was aimed to boost sales and “cope with competition” from rival China Vanke Co. 2202, +1.48% the nation’s largest residential property developer. 

http://www.marketwatch.com/story/chinas-falling-real-estate-prices-trigger-protests-clashes-2014-08-26


Chinese developers slash and burn prices
By Houses and Holes in China Economy

Source FT:

    In the latest sign of Chinese developers’ desperation to unload inventory into a weak property market, China Vanke Co is offering discounts of up to $325,000 to homebuyers who shop on Alibaba’s Taobao, an e-commerce platform.

    The country’s biggest developer will give discounts that match shoppers’ spending of up to Rmb2m ($325,000) on the eBay-like service. Homes in real estate developments in Beijing, Shanghai, Guangzhou and Chongqing, among other cities, will qualify, according to an advertisement on Taobao’s website.

    Developers began cutting prices this year but have so far failed to revive flagging volumes. More than 30 cities have also removed purchase restrictions introduced in 2010 to restrain price growth amid public anger over high prices.
http://www.macrobusiness.com.au/2014/08/chinese-developers-slash-and-burn-prices/ 



China fund defaults expose foreign partners to shadow banking risk
By Pete Sweeney and Michelle Price

(Reuters) - Foreign joint venture partners of Chinese mutual fund companies fear they will have to bail out investors in one of the shadiest patches of China's shadow banking system, following two defaults by lightly regulated subsidiaries peddling complex investment products.

While defaults of wealth management products (WMPs) issued by Chinese banks and trust companies have ended in some form of government rescue, there is no precedent for how problems with fund management company (FMC) subsidiaries will be resolved.

In many cases, the arms-length nature of the relationship between parent firm and subsidiary means the former may be unaware of how much risk the latter has taken on. Analysts warn that they may not enjoy the implicit state guarantee extended to other parts of the sector.

"This can lead to a capital call on the parent, and that's the doomsday scenario for a lot of these joint ventures, that and the reputation risk," said an executive at a major FMC joint venture, who spoke on condition of anonymity.

http://in.reuters.com/article/2014/08/26/us-china-default-structured-idINKBN0GQ0VI20140826


China Real Estate.....................................""OH SHIT""!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Argentine Peso Collapses on Top of Rogue Regime
By Wolf Richter
August 25, 2014   

Adeptly managed by the central bank and the government, the Argentine peso has been plunging in perfect form, an activity it is very, very good at. And so on Thursday, it plunged 4.1% on the black market, hitting 14 ARS/USD for the first time. With the official rate at 8.39 ARS/USD, the gap between the two soared to a record of 5.61 pesos. A sign that any remaining trace-amounts of confidence in the peso were evaporating.

It was the steepest plunge since January 24, when the central bank devalued the peso by 15%.

“Expect the government to take action to bring this rate down – fast,” wrote Bianca Fernet, stilettos-on-the-ground American economist in Buenos Aires and contributor to Wolf Street. This “Argentine monetary policy,” as she explained in The Bubble, would include:

http://wolfstreet.com/2014/08/25/argentine-peso-collapses-on-top-of-rogue-regime/ 

 

As Argentina Peso Plummets To Record, BofA Warns Of Looming Economic Crisis

 

After spending time in Argentina, BofA's Marcos Buscaglia is concerned... The perception of many locals is that the risks of an economic/currency crisis before year-end have increased significantly. This compares to a view they had before of a muddle-through till the 2015 presidential elections. Policy decision-making is ever more concentrated, and the administration has radicalized, but the severe economic downturn will change political incentives in 2015, in BofA's view. With the official peso rate at record lows once again, the black-market Dolar-Blue tumbled to over 14/USD - a record low indicating dramatic devaluation ahead (which of course, sends ARS-denominated stocks surge to record highs).

http://www.zerohedge.com/news/2014-08-26/argentina-peso-plummets-record-bofa-warns-looming-economic-crisis 


Argentina

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