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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Tuesday, January 08, 2013

Fiscal Cliff Averted, but the Massive Debt Will Limit Government Flexibility / Politics / US Debt

By: InvestmentContrarian

George Leong writes: Well, the doom and gloom of the fiscal cliff was averted in the nick of time, which in turn, pleased Wall Street and gave stocks a boost to begin the new year.

While the deal was a nice compromise between the two parties on the tax issues, there is a lot of work ahead for President Obama, as the statutory national debt limit of $16.4 trillion nears. As of this morning, the national debt balance used for the limit stood at a superlative $16.39 trillion. The headline national debt of $16.43 trillion is actually already above the limit, but don’t worry, the Treasury Department said it will be able to pay its debt payments and bills. Of course, we know this will also hold until the extended deadline on March 1.

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Politics

Tuesday, January 08, 2013

The Crisis of the American Middle Class, The Long-Term Threat to U.S. Power / Politics / Social Issues

By: STRATFOR

Last week I wrote about the crisis of unemployment in Europe. I received a great deal of feedback, with Europeans agreeing that this is the core problem and Americans arguing that the United States has the same problem, asserting that U.S. unemployment is twice as high as the government's official unemployment rate. My counterargument is that unemployment in the United States is not a problem in the same sense that it is in Europe because it does not pose a geopolitical threat. The United States does not face political disintegration from unemployment, whatever the number is. Europe might.

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Politics

Tuesday, January 08, 2013

Public Schools - Crooked Teachers and Lying Principals / Politics / Educating Children

By: LewRockwell

Walter E. Williams writes: Nearly two years ago, U.S. News & World Report came out with a story titled "Educators Implicated in Atlanta Cheating Scandal." It reported that "for 10 years, hundreds of Atlanta public school teachers and principals changed answers on state tests in one of the largest cheating scandals in U.S. history." More than three-quarters of the 56 Atlanta schools investigated had cheated on the National Assessment of Educational Progress test, sometimes called the national report card.

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Politics

Tuesday, January 08, 2013

Successful, But Looking For An Escape Hatch from America / Politics / Social Issues

By: Jeff_Berwick

[Editor’s Note: The following post is by TDV legal correspondent, Jim Karger]

Jerry Loftus is laid back, inquisitive, and easy to talk to. He is also a successful US businessman, co-owner of a masonry and concrete repair and restoration company in Chicago, Illinois, and an avid TDV reader. He and his charming wife, Gina, spent 10 days with us in our San Miguel de Allende compound. Jerry is 53 years old, never been in trouble with the law, but like so many of our TDV visitors, is considering leaving the United States. I interviewed him on our rooftop in San Miguel de Allende, Mexico, sharing margaritas on a typical cloudless 70 degree afternoon.

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Politics

Monday, January 07, 2013

Why The Fiscal Cliff "Deal" is Spelled P-O-R-K / Politics / Government Spending

By: Money_Morning

Keith Fitz-Gerald writes: After narrowly missing the fiscal cliff, the President went out of his way to thank the Senate and Congress for getting things done.

Granted, it wasn't an Academy Award speech, but it could have been given the performance he delivered as he congratulated everybody from his "extraordinary" Vice President Joe Biden to Harry Reid, Nancy Pelosi and even Speaker Boehner.

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Politics

Monday, January 07, 2013

Statist Philosophy the Scourge of Christianity / Politics / Religion

By: BATR

The normal condition of man ruling over men resorts to the practice of coercive force. Statism so aptly reflects this system of compliance. When you strip away all the rhetoric and institutional validation, what is left is a doctrine of kingship. Governments are fashioned to exert control over people. Contemplate the intrinsic contradiction of this structure of dominance with the message of the Golden Rule.

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Politics

Sunday, January 06, 2013

Institutionalized Inequality in America: Widening Gap Between Rich and Poor / Politics / US Politics

By: Stephen_Lendman

Millions of Americans face lump of coal harshness this holiday season. It’s no different throughout the year. Annually, things get worse.

Hard times reflect what growing numbers endure. Bipartisan complicity bears full responsibility.

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Politics

Sunday, January 06, 2013

Ponzi Finance - Ponzi Wealth / Politics / Banksters

By: Andrew_McKillop

WHAT GOES UP, GOES DOWN
Offically released on Jan 1, 2013 the Boston Consulting Group's "shock report" by Daniel Stelter and his colleagus on what 3 decades of Ponzi finance has done to real wealth in the developed-OECD group of countries has been available since mid-December but not widely commented. The title says it all: "Ending the Era of Ponzi Finance"

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Politics

Sunday, January 06, 2013

Ron Paul on Fiscal Cliff Deal Hypocrite Republicans / Politics / US Politics

By: Mike_Shedlock

Here is a post on Facebook a couple days ago that is worth a read in entirety. I will post the entire article along with a few thoughts.

We Are Already Over the Fiscal Cliff by Ron Paul

Despite claims that the Administration and Congress saved America from the fiscal cliff with an early morning vote today, the fact is that government spending has already pushed Americans over the cliff. Only serious reductions in federal spending will stop the cliff dive from ending in a crash landing, yet the events of this past month show that most elected officials remain committed to expanding the welfare-warfare state.

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Politics

Sunday, January 06, 2013

The Mayans Have Competition, Mutant War Future / Politics / Social Issues

By: Andrew_McKillop

Mayans believed that robot-like warriors, linked to their alphabet soup of sombre and deadly gods with names like Yum Cimil and Ah Puke (sic), were prowling on dark nights and inauspicious days: about 9 out of 10 days and nights, that is. In the USA of today, bionic warfare is rapidly emerging from the shadows of the imagination and with it, the fear of robot soldiers. Under a gripping photo of a US Army soldier testing the Lockheed Martin HULCE or HUman Load Carrier Exoskeleton, 'Wired Magazine', on January 1st, told its readers they have a mutant future coming - defined as a robot military future.

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Politics

Saturday, January 05, 2013

Rick Santelli Is Right, the Democrats are the Lunatics! / Politics / Government Spending

By: EconMatters

Today on CNBC during the coverage of the monthly employment report, Rick Santelli pointed out that there is some absurdity in calling the Republicans “lunatics” when they are the only responsible voice in Washington right now trying to call attention to the out of control government spending in the overall context of an unsustainable federal deficit while the Democrats are running the country into the ground with even additional spending programs that the government has to borrow more money to fund.

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Politics

Friday, January 04, 2013

U.S. Treasury Bond Market's Last Pillar Crumbles / Politics / US Bonds

By: Peter_Schiff

With the return of Shinzo Abe and his Liberal Democratic Party to power in Japan, the market for US Treasuries may be losing its last external pillar of support. Re-elected on September 26th, Abe has quickly set a course for limitless inflation, saying Japan must "free itself from deflation and the strong yen." This is significant to the global economy as Japan is the largest foreign power left with a strong appetite for US Treasuries. If this demand falters, the Fed may be the only remaining buyer of new Treasury issuance.

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Politics

Friday, January 04, 2013

Congress Avoids the Fiscal Cliff by Selling Us Down the River / Politics / US Politics

By: Peter_Schiff

With the possible exception of the New York Times' editorial board (and the cast of The Jersey Shore), everyone on the planet understood that the United States Government needs to cut spending, increase taxes, or both. Instead, after months of political posturing and hand wringing, the Federal Government has just delivered the exact opposite, a deal that increases spending and decreases taxes. The move lays bare the emptiness of budget legislation, which can be dismantled far easier than it can be constructed.

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Politics

Thursday, January 03, 2013

Cold Hard Truth About the Fiscal Cliff Deal / Politics / US Debt

By: Money_Morning

Martin Hutchinson writes: In the end, a last-minute deal emerged. Just like that, the fiscal cliff crisis was averted.

In the waning hours of New Year's Day, Congress voted to avoid a large package of tax increases, along with some modest spending cuts.

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Politics

Thursday, January 03, 2013

Europe 2013 - A Year of Decision / Politics / European Union

By: STRATFOR

The end of the year always prompts questions about what the most important issue of the next year may be. It's a simplistic question, since every year sees many things happen and for each of us a different one might be important. But it is still worth considering what single issue could cause the world to change course. In my view, the most important place to watch in 2013 is Europe.

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