Thursday, May 19, 2016

Some Kind Of Fake Reality


"Clinton's Allies Nudge Sanders Towards Reality", as Bernie completely fails to see how badly embarrassed he is by tying and winning another two primaries. 
"C'mon Bernie, we've humored you long enough. I'm your friend. You are pissing into the wind. Don't keep getting humiliated this way. Bow out gracefully and you'll get something good, I promise."  
[This guy just does not get it. He's pretty old; I wonder how his health is...]
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Hillary Clinton reveals to CNN interviewer that the votes of Californians and citizens of 23 other states, waiting to vote in primaries, are completely pointless. She OWNS the Democratic nomination.
CLINTON: "will be the nominee for my party, Chris. That is already done, in effect. There is no way that I won’t be."
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New polls put Trump ahead of Clinton, with a fair number of people wanting somebody else. (What happened to all the polls that showed Sanders with the biggest lead against Trump? It almost seems like we are being shoved down a cattle-chute here, doesn't it?)

Clinton Cash, or how to go from 0 to $150 million, while squandering every step of the way, if you're Secretary of State, or married to same.

Eleni sends this article from Yves Smith at Naked Capitalism about the thuggish (Al Capone style) railroading of the Nevada Democratic convention by party-insiders-for-Clinton, which would never be complete without blaming the victims.
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"Nobody rings a bell at the top of the credit supercycle, to misuse an old adage. Except that this time somebody very powerful in China has done exactly that... Most think the author was either President Xi Jinping himself, or his right-hand man Liu He." 
Ambrose Evans Pritchard looks at China's impending debt-bubble collapse, and the mysterious warning of the "Authoritative Person".
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US imposition of 522% import duty on Chinese steel is taken as economic form of nuclear-war in China. 
(Yes, China has been massively dumping steel at ridiculously low prices across the world, putting British steel into the dustbin of history, so it was already WAR, just not nuclear, or whatever...)

Congress agrees on framework for Puerto Rico to go into bankruptcy and debt restructuring proceedings. Bondholders demand more austerity for Puerto-Ricans first, but apparently don't get it.

The real economy is in recession. (Ssshhh! It's a secret until after the November elections, but yeah, it started in early 2015.)
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Ilargi explains why we are so bad at solving global scale problems. That was never our evolutionary job, since we operated in small groups to survive.
"We evolve the way Stephen Jay Gould described evolution: through punctuated equilibrium. That is, we pass through bottlenecks, forced upon us by the circumstances of nature, only in the case of the present global issues we are nature itself. And there’s nothing we can do about it. If we don’t manage to understand this dynamic, and very soon, those bottlenecks will become awfully narrow passages, with room for ever fewer of us to pass through. As individuals we need to drastically reduce our dependence on the runaway big systems, banking, the grid, transport etc., that we ourselves built like so many sorcerers apprentices, because as societies we can’t fix the runaway problems with those systems, and they are certain to drag us down with them if we let them."  /
In Too Deep

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