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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Saturday, July 07, 2012

The European Union’s Latest Smoke and Mirrors Deal / Politics / Eurozone Debt Crisis

By: InvestmentContrarian

Danny Esposito writes: The market cheered news out of the European Union that a deal was made to tackle this financial crisis head-on and provide capital to the Spanish banks. Forget the numbers for the moment; what is more important to note is that the money to help the Spanish banks is supposedly going to come from the European Stability Mechanism (ESM), which requires the approval of all 17 countries of the European Union in order to be enacted.

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Politics

Friday, July 06, 2012

Third World America 2012: A Country At War With Itself / Politics / US Politics

By: Janet_Tavakoli

Best Financial Markets Analysis ArticleOn the Fourth of July, comedian Chris Rock tweeted: "Happy white peoples independence day the slaves weren't free but I'm sure they enjoyed fireworks." Chris Rock disowns the holiday with tongue-in-cheek.

Well right back at you Mr. Rock. My continental European ancestors weren't in the USA when colonists won their independence from England. My grandparents didn't even speak English when they arrived in the U.S., but according to this tweet, their whiteness took ownership of Independence Day from African Americans. Is there nothing those poor European immigrants didn't ruin for real Americans?

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Politics

Thursday, July 05, 2012

Destroying the Young with Permanent Bank Bailouts / Politics / Credit Crisis Bailouts

By: Paul_Tustain

Best Financial Markets Analysis ArticleThe tyranny of banking deposit insurance is leading young people to hate 'the market'...

Why aren't young people protesting against bailouts?

Younger adults are usually pretty quick to protest injustices, but they're strangely quiet on financial rescues. Few of them seem able to join the dots and see that bailouts are clobbering them hardest.

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Politics

Thursday, July 05, 2012

LIEbor Financial Crimes, Serious Fraud Office has Serious Questions to Answer / Politics / Market Manipulation

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleLIEbor rate fixing is just one aspect of the mega financial crimes of the century that continue to be perpetuated by bankster's that earlier today were rewarded with another £50 billion of free money from their god fathers at the Bank of England.

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Politics

Thursday, July 05, 2012

Hot Air Independence Day, Can Americans Escape the Deception? / Politics / US Politics

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleHot Air Day is upon us. On July 4 hot air will spew forth all over the country as dignitaries deliver homilies to our “freedom and democracy” and praise “our brave troops” who are protecting our freedom by “killing them over there before they come over here.”

Not a single one of these speeches will contain one word of truth. No speaker will lament the death of the US Constitution or urge his audience to action to restore the only document that protects their liberty. No speaker will acknowledge that in the 21st century the Bush/Obama Regime, with the complicity of the Department of Justice, federal courts, Congress, presstitute media, law schools, bar associations, and an insouciant public have murdered the Constitution in the name of the “war on terror.”

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Politics

Thursday, July 05, 2012

Germany's Energiewende ,The Losers Line Up / Politics / Nuclear Power

By: Andrew_McKillop

Best Financial Markets Analysis ArticleEuropean business news, 3 July, took a partial break from European crisis response Stability Funds,
which have no money but nicely written "forward looking" prospectuses, to look at Germany's sinking giants of postwar reconstruction and growth - the Big 4 power producer companies E.On, RWE, Vattenfall and EnBW. These are all floundering with Germany's Energiewende transition plan. RWE has the present headlines because, after spending about 1 billion euros on its Nordsee Ost wind park in the North Sea, it finds that it cannot start production because Tenne-T TSO, the local power transport (grid) operator has not built the connector to the 48-mill 295 MW windfarm 30 kilometres out to sea. http://www.spiegel.de/international/business/stress-on-the-high-seas-germany-s-wind-power-revolution-in-the-doldrums-a-805505.html

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Politics

Wednesday, July 04, 2012

MP's Fail to Hold Bob Diamond, Barclays to Account for Libor Fraud, Public Inquiry Needed / Politics / Market Manipulation

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleThe 3 hour Treasury Select Committee session has just concluded and clearly it has failed to live up to expectations as the politicians failed to hold Bob Diamond the ex-ceo of Barclays to account. The facts are that the FSA and the Bank of England are incompetent because it has taken the regulators 4 years to do only half a job.

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Politics

Wednesday, July 04, 2012

Threat of "European Monster State" About to Splinter Merkel Coalition / Politics / Euro-Zone

By: Mike_Shedlock

Winning the Summit but Losing the War

German chancellor Angela Merkel was the EU Summit Winner. She gave next to nothing to Italy and France, and a pittance to Spain.

However, there was a price to that pittance, and it could cost Merkel dearly. Please consider German Party Leader Threatens To Axe Coalition

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Politics

Wednesday, July 04, 2012

Europe Wake-Up call Whilst U.S. Politicians Continue Snoring Away / Politics / Eurozone Debt Crisis

By: Bloomberg

Best Financial Markets Analysis ArticleBlackRock CEO Larry Fink spoke with Bloomberg Television's Erik Schatzker and Trish Regan on "Market Makers" today and said that, "our politicians are guardians too, and they're not acting in ways that guardians should...Europe is a great wake-up call and they're still snoring away."

Fink went on to say, "we need more clarity, and that is my message to every politician I see...it's all about confidence. No one is investing for tomorrow."

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Politics

Wednesday, July 04, 2012

Supreme Errors by U.S. Supreme Court in Upholding Obama's Health Care Plan / Politics / US Politics

By: Peter_Schiff

Best Financial Markets Analysis ArticleIn the wake of my last commentary on the horrendous Supreme Court decision upholding Obama's health care plan, several people have pointed out that I erred in saying that the income tax is a "direct tax." While it is technically correct that the Court ultimately declared it to be an excise, not a direct tax, it is important to understand how it arrived at that opinion and why the decision has no practical relevance to the way the tax has been enforced. Just as it has done with Obamacare, the Court came up with a technically constitutional pathway to allow the government to collect a tax in a blatantly unconstitutional manner.

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Politics

Wednesday, July 04, 2012

Angela Merkel Celebrates Declaration of Austerity / Politics / Eurozone Debt Crisis

By: Axel_Merk

Best Financial Markets Analysis ArticleSpain may have the best soccer team, but it lost control of its banking system. That's good news: the success of the Eurozone summit is not about money, but about process. For the first time in months, it appears there's a sensible path forward. For the budding euro rally to continue, actions must follow words; regardless, however, there will be investment opportunities, but don't count on the U.S. dollar to carry the day.

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Politics

Tuesday, July 03, 2012

Governments Spend Wealth Instead of Building It / Politics / Government Spending

By: Bill_Bonner

Best Financial Markets Analysis ArticleParis, France – “The US seems to have gotten the worst of it,” said a French friend this morning. We were taken aback. Everyone knows Europe is in a state of permanent crisis. The US seems solid by comparison, no?

“Now that the Supreme Court has approved Obamacare, you have the same problems we have in Europe, social welfare spending with no limits…plus you have your colossal military spending. You have both ‘bread and circuses,’ just like the ancient Romans. You are doomed.”

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Politics

Tuesday, July 03, 2012

U.S. Taxmageddon Just Got More Frightening / Politics / Taxes

By: Money_Morning

Best Financial Markets Analysis ArticleDiane Alter writes: Political battles will take center stage in the second half of 2012, but few loom larger than the scheduled tax increases - "Taxmageddon" - set to take effect in January 2013.

Bush-era tax cuts, payroll tax breaks and other provisions set to expire next year could pack an enormous financial hit, harming the already-fragile U.S. economy and thousands of struggling families. While Democrats and Republicans alike are opposed to letting all the cuts expire, they disagree on exactly what to do about it.

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Politics

Tuesday, July 03, 2012

The Greatest Story Ever Written or Will be Written / Politics / US Politics

By: Money_Morning

Best Financial Markets Analysis ArticleSteve Christ writes: Ask practically any American this week about their country, and they will likely tell you that - despite its faults - the United States is the greatest nation on earth.

I would even take it a step further by saying the United States is the greatest country there is, ever was, and ever will be...

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Politics

Tuesday, July 03, 2012

Notes On Mainstram Economics Is A Cult / Politics / Economic Theory

By: Submissions

Mark Blair writes:

‘Such disdain for empirical verification is not found in the physical sciences.’
Washington’s Blog

Maternal instinct? ‘Probably imaginary. An excuse to justify and perpetuate sexism.’
Encyclopedia of Feminism, Tuttle, L.

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