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Another Deadlocked Election Coming Up In Spain

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By Tyler Durden

Submitted by Mike “Mish” Shedlock

Another Deadlocked Election Coming Up In Spain?

After six months of failed coalition attempts, Spain’s King Felipe dissolved parliament and announced new elections. I reported on this last week, but the official document dissolving parliament was signed today. New elections are on June 26. Will the results be any different?

There are 350 seats in Spain’s parliament. Courtesy of the BBC, the 2015 election went like this (blue highlights mine).

Party Leaders

  • PPOE – Former Prime Minister Mariano Rajoy
  • PSOE – Pedro Sanchez
  • Podemos – Pablo Iglesias
  • Ciudadanos – Albert Rivera

Coalition Problems

  • PSOE and PPOE could have formed a coalition, but the result would not have been stable. The party leaders do not get along and the left and right generally don’t mix.
  • The three leftists parties could have formed a coalition, but Podemos is eurosckeptic and in favor of letting Catalonia have a vote on independence. The other two leftist parties are staunch nationalists as well as staunch euro supporters.
  • Ciudadanos ruled out forming a coalition with Podemos for philosophical reasons noted above.
  • Ciudadanos was formed as an anti-corruption party and wants nothing to do with Mariano Rajoy and his totally corrupt PPOE Popular Party either.

Clash of Ideas

The Financial Times explains the blame game as follows.

  • Mariano Rajoy, the acting prime minister and leader of the conservative Popular party, has repeatedly blamed the Socialists for refusing to form a grand coalition under his leadership. “What happened over the past four months must not repeat itself. Vetoes are bad for democracy,” the prime minister said on Monday.
  • Pedro Sánchez, the Socialist leader, has in turn attacked the anti-austerity Podemos movement for turning down his proposal for a Socialist-led government with the centrist Ciudadanos party.
  • Podemos, meanwhile, has lashed out at the Socialists for declining its invitation to form a leftist government.

“A poll by Metroscopia, published in the El País daily over the weekend, gave the PP 29 per cent of the vote, far ahead of its closest rival, the Socialists, with 20.3 per cent.”

Podemos IU Alliance

Let’s complicate the matter further. Podemos just announced an alliance with Izquierda Unida (IU) United Left.

IU received 3.68% of the vote in 2015.

Via translation from El Pais, please consider Podemos Seeks to Unite All Forces Left of PSOE.

Podemos “We Can” has launched new operations in three communities (Catalonia, Galicia and Valencia) to gather support for the upcoming elections. Now, Podemos seeks to expand these agreements not only IU but a whole series of forces to the left of the PSOE with good territorial projection.

In short, Podemos is going after that block of “other” voters in the above chart. If current results hold, Podemos will oust PSOE from the number two spot.

Political Setup

  1. No party is going to achieve a majority.
  2. PSOE and Podemos unlikely to reach 50%
  3. Ciudadanos will not enter a three-way agreement with PSOE and Podemos
  4. If PSOE and PPOE can muster up 50% combined, there will be intense pressure by the king to form an unstable “grand coalition”
  5. If PSOE and PPOE cannot muster up 50%, another failed …read more

    Source: Another Deadlocked Election Coming Up In Spain

        

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Majority Of Germans Think The Media Is Controlled By Political, Economic Elites

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By Tyler Durden

According to a recent survey, the majority of people in Germany view the news media as simply a pillar of the government and the powerfully elite. Only one third of the respondents think that the German news media is truly independent, while the majority view the government and parties as having control over particular policies, and the lobbyists and advertisers having control over the economic news.

More than half of the respondents viewed the news media as controlled by the “powerful” in the country, a view which manifested in recent years in the wake of going through crisis after crisis as the media began to be viewed simply as part of the system, or, the Fourth Estate.

Another major issue brought forth by the respondents is that the media reports only the problems, never presents any solutions, and when it came to consequences of political decisions very little reporting was done on the impacts those decisions had on the people.

It’s apparent that the German people know their history (e.g. Joseph Goebbels), and have a healthy skepticism for the media. It would behoove everyone to have a bit (a lot) of skepticism about what the media tells them each day, as there are undoubtedly agendas that don’t include simply reporting the truth.

Of course, when even the president of the European Union admits to lying, what hope is there for ever discovering the facts?

Of course, telling the truth in a world hell-bent on papering over issues and serving as many agendas as possible is a very difficult and unpopular thing to do. Sadly, there are even media outlets out there who try to take out any of their competition trying to do so.

…read more

Source: Majority Of Germans Think The Media Is Controlled By Political, Economic Elites

    

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Guest Post: The Great Western Retreat

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By Tyler Durden

Submitted by Giulio Meotti via The Gatestone Institute,

  • Of all French soldiers currently engaged in military operations, half of them are deployed inside France. And half of those are assigned to protect 717 Jewish schools.

  • This massive deployment of armed forces in our own cities is a departure from history. It is a moral disarmament, before a military one.

  • Why does anyone choose to fight in a war? Civilized nations go to war so that members of today's generation may sacrifice themselves to protect future generations. But if there are no future generations, there is no reason whatever for today's young men to die in war. It is “demography, stupid.”

On March 11, 2004, 192 people were killed and 1,400 wounded in a series of terrorist attacks in Madrid. Three days later, Spain's Socialist leader, José Luis Rodríguez Zapatero, was elected prime minister. Just 24 hours after being sworn in, Zapatero ordered Spanish troops to leave Iraq “as soon as possible.”

The directive was a monumental political victory for extremist Islam. Since then, Europe's boots on the ground have not been dispatched outside Europe to fight jihadism; instead, they have been deployed inside the European countries to protect monuments and civilians.

Opération Sentinelle” is the first new large-scale military operation within France. The army is now protecting synagogues, art galleries, schools, newspapers, public offices and underground stations. Of all French soldiers currently engaged in military operations, half of them are deployed inside France. And half of those are assigned to protect 717 Jewish schools. Meanwhile, French paralysis before ISIS is immortalized by the image of police running away from the office of the satirical magazine Charlie Hebdo during the massacre there.

French soldiers guard a Jewish school in Strasbourg, February 2015. (Image source: Claude Truong-Ngoc/Wikimedia Commons)

You can find the same figure in Italy: 11,000 Italian soldiers are currently engaged in military operations and more than half of them are used in operation “Safe Streets,” which, as its name reveals, keeps Italy's cities safe. Italy's army is also busy providing aid to migrants crossing the Mediterranean.

In 2003, Italy was one of the very few countries, along with Spain and Britain, which stood with the United States in its noble war in Iraq — a war that was successful until the infamous US pull-out on December 18, 2011.

Today, Italy, like Spain, runs away from its responsibility in the war against the Islamic State. Italy's Defense Minister Roberta Pinotti ruled out the idea of Italy taking part in action against ISIS, after EU defense ministers unanimously backed a French request for help.

Italy's soldiers, stationed in front of my newspaper's office in Rome, provide a semblance of security, but the fact that half of Italy's soldiers are engaged in domestic security, and not in offensive military strikes, should give us pause. These numbers shed a light not only on Europe's internal terror frontlines, from the French banlieues to “Londonistan.” These numbers also shed light on …read more

Source: Guest Post: The Great Western Retreat

    

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What We REALLY Know About the 9/11 Defendants

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By George Washington

The government pretends that it’s giving the surviving 9/11 masterminds a fair trial, and that justice will prevail.

The truth may be a wee bit different …

Kangaroo Court Show Trials

Buzzfeed reported yesterday:

The Defense Department has farmed out to a private company much of the criminal investigation and trials of the men accused of plotting the 9/11 attacks on the World Trade Center and the Pentagon, according to federal records and sources affiliated with the trials who spoke to BuzzFeed News.

What’s more, the government has hired the same firm, SRA International, to serve both the prosecution and defense teams, sparking concerns of a conflict of interest that could undermine the integrity of one of the most significant terrorism cases in modern history.

Sound a little odd? It’s not the only fishy thing about the 9/11 trials …

In 2008, the former chief prosecutor for Guantanamo’s military commissions disclosed that the trials have been rigged to prevent any possibility of acquittal.

Specifically, the head of the Guantanamo tribunal — who is actually in charge of both prosecuting and defending the suspects — told the former chief prosecutor:

Wait a minute, we can’t have acquittals. If we’ve been holding these guys for so long, how can we explain letting them get off? We can’t have acquittals, we’ve got to have convictions.

In addition, three other Guantanamo prosecutors — Maj. Robert Preston, Capt. John Carr and Capt. Carrie Wolf — “asked to be relieved of duties after saying they were concerned that the process was rigged. One said he had been assured he didn’t need to worry about building a proper case; convictions were assured.”

Another former Guantanamo prosecutor resigned, saying in a sworn declaration that the government pulled all sorts of shenanigans in one case.

The head of the tribunal also said that — even if the defendants are somehow acquitted — they may not be released from Guantanamo.

No wonder the American Bar Association, “which the Pentagon had said would help arrange such representation, has refused to participate because it objects to the trial procedures.”

And no wonder the defense attorneys who have agreed to represent the defendants say that the process is completely unfair. See also this interview.

Both the 9/11 Trials and the 9/11 Commission Investigation Were Based on Unreliable Evidence Produced by Torture

The CIA videotaped the interrogation of 9/11 suspects, falsely told the 9/11 Commission that …read more

Source: What We REALLY Know About the 9/11 Defendants

    

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Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing

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By Michael Snyder

Union Pacific Engines - Google Earth

We continue to get more evidence that the U.S. economy has entered a major downturn.  Just last week, I wrote about how U.S. GDP growth numbers have been declining for three quarters in a row, and previously I wrote about how corporate defaults have surged to their highest level since the last financial crisis.  Well, now we are getting some very depressing numbers from the rail industry.  As you will see below, U.S. rail traffic was down more than 11 percent from a year ago in April.  That is an absolutely catastrophic number, and the U.S. rail industry is feeling an enormous amount of pain right now.  This also tells us that “the real economy” is really slowing down, because less stuff is being shipped by rail all over the nation.

One of the economic commentators that I have really come to respect is Wolf Richter of WolfStreet.com.  He has a really sharp eye for what is really going on in the economy and in the financial world, and I find myself quoting him more and more as time goes by.  If you have not checked out his site yet, I very much encourage you to do so.

On Wednesday, he posted a very alarming article about what is happening to our rail industry.  The kinds of numbers that we have been seeing recently are the kinds of numbers that we would expect if an economic depression was starting.  The following is an excerpt from that article

Total US rail traffic in April plunged 11.8% from a year ago, the Association of American Railroads reported today. Carloads of bulk commodities such as coal, oil, grains, and chemicals plummeted 16.1% to 944,339 units.

The coal industry is in a horrible condition and cannot compete with US natural gas at current prices. Coal-fired power plants are being retired. Demand for steam coal is plunging. Major US coal miners – even the largest one – are now bankrupt. So in April, carloads of coal plummeted 40% from the already beaten-down levels a year ago.

Because rail traffic is down so dramatically, many operators have large numbers of engines that are just sitting around collecting dust.  In his article, Wolf Richter shared photographs from Google Earth that show some of the 292 Union Pacific engines that are sitting in the middle of the Arizona desert doing absolutely nothing.  The following is one of those photographs…

As Wolf Richter pointed out, it costs a lot of money for these engines to just sit there doing nothing…

These engines are expensive pieces of equipment. When they just sit there, not pulling trains, they become “overcapacity,” and they get very expensive. Then there are engineers and other personnel who suddenly become unproductive. Some of them have already been laid off or are getting laid off.

All over the world, similar numbers are coming in.  For example, the Baltic Dry Index fell 30 more points on Wednesday after falling 21 on Tuesday.  Global trade is really, really slowing down …read more

Source: Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing

    

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How A Collapse In South America Could Trigger Martial Law In The U.S.

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By Tyler Durden

Submitted by Brandon Smith via Alt-Market.com,

If an economic system collapses in the woods and no one is paying attention, are there any consequences outside the woods? Well, yes, of course. As with most situations financial and global, however, consequences are not usually taken very seriously until they have spawned a vast bog of sewage we all have to then swim through.

The issue is and always will be “interdependency,” and the dissolution of sovereign borders. Take a close look at the European Union, for example.

You have a large network of fiscally interdependent nations struggling to maintain a sense of principled identity and heritage while participating in the delusion of multiculturalism. You have a system in which these nations are admonished or even punished for attempting to become self-reliant. You have a system which encourages a Cloward-Piven-style forced integration of incompatible cultures. You have unmanageable debt. You have a welfare addicted socialist population plagued by naive assumptions of entitlement. And on top of it all, you have a political structure dominated by cultural Marxists who would like nothing better than to see the whole of the old world go down in a blazing inferno.

This EU dynamic can only end in one of two ways – the complete dismantling of the supranational body and a return to sovereignty, or, a socio-economic crisis followed by even more centralization and the end of all remnants of sovereignty. Either way, the consequences will not be pretty.

In the EU there are particular nations that are being exploited by globalists to initiate greater disaster in the overall region. As Wikileaks exposed in transcripts of IMF discussions on Greece, the plan has always been to create enough chaos to drive fear into the general populace. Fear that can be used to manipulate the masses towards handing even more administrative power over to those same globalists. They know that a fiscally-tiny nation like Greece can still do kinetic damage to its neighbors because its neighbors have weak foundations. One domino sets off the chain.

The same strategy may also be used in the Western hemisphere; more specifically, the collapse in South America that almost no one in the mainstream seems to be paying much attention to. While mainstream coverage sometimes looks at each South American nation as an isolated case, none of the coverage examines these crises as an interconnected breakdown, and they certainly do not suggest any future ill effects to the U.S.

First, lets take a look at some of South Americas most important economies and why they are on the verge of an epic catastrophe.

Venezuela

The crash of oil prices from more than $100 per barrel down to around $40 per barrel or less has annihilated oil-dependent Venezuela, a country already in financial turmoil. Overprinting of currency has been the only “solution” offered so far. Hyperinflation is now taking hold with the IMF warning of a 720 percent increase this year.

Currently, necessities are being rationed while a growing number of citizens are left empty handed.

Many …read more

Source: How A Collapse In South America Could Trigger Martial Law In The U.S.

    

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Buchanan: If There’s A 2nd Cold War, Did Russia Really Start It?

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By Tyler Durden

Submitted by Patrick Buchanan via Buchanan.org,

Friday, a Russian SU-27 did a barrel roll over a U.S. RC-135 over the Baltic, the second time in two weeks.

Also in April, the U.S. destroyer Donald Cook, off Russia’s Baltic enclave of Kaliningrad, was twice buzzed by Russian planes.

Vladimir Putin’s message: Keep your spy planes and ships a respectable distance away from us. Apparently, we have not received it.

Friday, Deputy Secretary of Defense Robert Work announced that 4,000 NATO troops, including two U.S. battalions, will be moved into Poland and the Baltic States, right on Russia’s border.

“The Russians have been doing a lot of snap exercises right up against the border with a lot of troops,” says Work, who calls this “extraordinarily provocative behavior.”

But how are Russian troops deploying inside Russia “provocative,” while U.S. troops on Russia’s front porch are not? And before we ride this escalator up to a clash, we had best check our hole card.

Germany is to provide one of four battalions to be sent to the Baltic.

But a Bertelsmann Foundation poll last week found that only 31 percent of Germans favor sending their troops to resist a Russian move in the Baltic States or Poland, while 57 percent oppose it, though the NATO treaty requires it.

Last year, a Pew poll found majorities in Italy and France also oppose military action against Russia if she moves into Lithuania, Latvia, Estonia or Poland. If it comes to war in the Baltic, our European allies prefer that we Americans fight it.

Asked on his retirement as Army chief of staff what was the greatest strategic threat to the United States, Gen. Ray Odierno echoed Marine Corps Gen. Joseph Dunford, “I believe that Russia is.”

He mentioned threats to Estonia, Latvia, Lithuania and Ukraine.

Yet, when Gen. Odierno entered the service, all four were part of the Soviet Union, and no Cold War president ever thought any was worth a war.

The independence of the Baltic States was one of the great peace dividends after the Cold War. But when did that become so vital a U.S. interest we would go to war with Russia to guarantee it?

Putin may top the enemies list of the Beltway establishment, but we should try to see the world from his point of view.

When Ronald Reagan met Mikhail Gorbachev in Reykjavik in 1986, Putin was in his mid-30s, and the Soviet Empire stretched from the Elbe to the Bering Strait and from the Arctic to Afghanistan.

Russians were all over Africa and had penetrated the Caribbean and Central America. The Soviet Union was a global superpower that had attained strategic parity with the United States.

Now consider how the world has changed for Putin, and Russia.

By the time he turned 40, the Red Army had begun its Napoleonic retreat from Europe and his country had splintered into 15 nations.

By the time he came to power, the USSR had lost one-third of its territory and half its population. Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan, Georgia, Armenia and Azerbaijan were gone.

The Black Sea, once a Soviet …read more

Source: Buchanan: If There’s A 2nd Cold War, Did Russia Really Start It?

    

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EU Plans $290K Per Person Fine For Countries Refusing "Fair Share" Of Refugees; Angry Response Ensues

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By Tyler Durden

Brexit Odds

As Norway offers cash for refugees to leave, announcing that they won’t be accepting any more refugees from the EU, and Switzerland prepares its military to close down borders, the EU has seemingly had enough of every country acting as if it has any type of sovereignty left. The European Commission has announced that it is going to pull rank on everyone, and in Obama-like fashion, will be fining countries for not taking their fair share of refugees.

Here is a detailed summary of all that happened today in the ongoing European refugee crisis courtesy of Mish Shedlock.

* * *

EU Plans $290,000 Per Person Fine on Countries Refusing “Fair Share” of Refugees; Case For Brexit Crystallized

The European Commission plans fines of $290,000 per person on countries refusing to take in their fair share of refugees.

This plan is aimed straight at Poland, Slovokia, Hungary, the Czech Republic, and Austria.

The UK, Ireland, and Denmark all have opt-out policies, but the UK cannot expect that to last forever unless the vote goes for Brexit.

Punitive Fines

Today the EC fired a warning shot across the bow of countries who believe they have a right to control their foreign policies.

The announcement comes in the form of Punitive Penalties for Refusing Asylum Seekers.

The European Commission has proposed reforms to EU asylum rules that would see stiff financial penalties imposed on countries refusing to take their share of asylum seekers.

The bloc’s executive body is planning a sanction of €250,000 (£200,000; $290,000) per person.

The UK and Ireland can opt out of asylum policies, and the British government has already indicated it will not take part. Denmark is also exempt.

Countries refusing to accept their quota would effectively be fined – with the money going to frontline states such as Italy and Greece that have carried the burden.

The proposals for sanctions alarmed Central European countries that have refused to implement the refugee quota deal:

  1. Poland’s foreign minister wondered if it was “a serious proposal”
  2. Slovakia’s interior minister complained the proposed “fair share” system failed to respect reality
  3. Hungary called it “blackmail” and “unacceptable”
  4. The Czech Republic said it was an unpleasant surprise as it returned to a concept of mandatory quotas which had been rejected

The four countries were outvoted when the quota plan was agreed.

Hungary’s government on Tuesday announced plans for a referendum on the EU’s resettlement plans.

Add Austria to the List

Following Austria’s vote last month in national elections it’s safe to add Austria to the list.

For details, please see Anti-Immigration Party Wins First Round of Austria Elections: “We are Not the World’s Social Department”.

Hungary Referendum on Quota Wins Supreme Court Backing

The Hungarian government’s plans to hold a referendum on whether it will accept the EU’s quota system on accepting migrants has been approved by the country’s top court, Hungary Today reported.

Hungarian Prime Minister Viktor Orban’s government has been strongly critical of EU pushes to resettle refugees and migrants across the continent, going as far as putting up fences on Hungary’s borders …read more

Source: EU Plans $290K Per Person Fine For Countries Refusing "Fair Share" Of Refugees; Angry Response Ensues

    

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Yahoo loses key AT&T business

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After 15-years, AT&T is moving it’s portal management business from Yahoo to Synacor. …read more

Source: Yahoo loses key AT&T business

    

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They’re Bringing Back Feudalism… And Nobody Seems To Notice

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By Tyler Durden

Submitted by Nick Giambruno via InternationalMan.com,

You’ve likely heard that unknown hackers recently attacked Mossack Fonseca, a law firm in Panama that helps people set up offshore companies and bank accounts. They later leaked 11.5 million documents.

Almost immediately, central economic planners at the G20 and OECD—international organizations of the world’s largest economies—took advantage of the “Panama Papers” incident to shove GATCA down the world’s throat.

GATCA is a new “global standard” for the automatic exchange of financial information between governments. It’s modeled on an overreaching U.S. law, FATCA, which forces every financial institution on earth to give the IRS information.

Think of GATCA as FATCA on steroids. If countries widely adopt it, GATCA will deliver the final deathblow to financial privacy.

The G20 and OECD are even threatening to blacklist and sanction countries that don’t sign up for their privacy-killing scheme. Most have already caved. Notable holdouts include Panama, Lebanon and Bahrain.

Ramon Fonseca, a founder of the hacked Panama law firm, has said, “We believe there’s an international campaign against privacy. Privacy is a sacred human right (but) there are people in the world who do not understand that.”

I think Fonseca is absolutely correct.

When Privacy Dies

George Orwell once wrote, “If you want a picture of the future, imagine a boot stamping on a human face—forever.”

Not exactly a cheery thought, I know. But this dark future is, unfortunately, where we may be headed…and soon.

It’s a world where privacy is dead, where the government knows everything about you.

And we’re already almost there.

Today, the government knows what you watch on TV, what you read on the Internet, whom you call, and everything you do on your smart phone and computer. It has a record of every penny you’ve ever earned, saved, borrowed or spent. It knows where you’ve been, where you are and where you’re going.

All this government tracking is possible thanks to the mountain of laws and regulations that sprouted from the war on (some) drugs, the war on terror and so forth. Over the years, these schemes have incrementally destroyed privacy. Now, they’re going in for the kill.

There’s not much about your life the government doesn’t know already. The last vestiges of privacy may vanish very soon. Once that happens, governments will have almost unbreakable control over the individual.

This is exactly the opposite of how a free society works.

This meddling is not about protecting you from drug dealers or terrorists, it’s about the government seizing more power. This is why proponents of big government invariably support measures that kill privacy.

There’s also a psychological aspect to this relentless anti-privacy campaign. The government and its media allies have convinced the average person that “privacy” is a dirty word.

They’ve duped people into believing that only criminals and wrongdoers want privacy. “If you have nothing to hide, you have nothing to worry about,” as the popular, but wrongheaded, adage goes.

Many have forgotten that privacy is fundamental to preserving human dignity and protecting individuals from government overreach.

Financial Privacy and the New Feudalism

Financial privacy is by far the most demonized …read more

Source: They’re Bringing Back Feudalism… And Nobody Seems To Notice

    

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