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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

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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Politics

Tuesday, July 03, 2012

God Particle Finally Found: Brand New Physics Now In The Making? / Politics / Technology

By: DK_Matai

Best Financial Markets Analysis ArticleScientists working with the world's most powerful atom smasher -- the Large Hadron Collider (LHC) -- outside Geneva at the European organisation for nuclear research (CERN) are expected to announce to the world on Wednesday 4th July 2012 that they have finally found the elusive Higgs boson – dubbed the 'God particle' because it brings mass and defines order in the universe.  The results Cern scientists are preparing to announce are exactly like finding the very first fossilised imprint of a dinosaur:  One sees the footprints and the shadow of the vast and formidable creature, but one doesn't actually see IT at all!

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Politics

Tuesday, July 03, 2012

Audit the Fed Headed for the House Floor! / Politics / US Politics

By: Dr_Ron_Paul

Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major audit provisions intact. This clears the way for a House floor vote expected sometime in late July, and with a whopping 263 cosponsors, the chances of it passing have never looked better! This is an unprecedented opportunity for transparency into how the currency of the United States is handled, and mishandled by the Federal Reserve. It is more important than ever that my colleagues in the House and Senate understand what this legislation does and why it is so important.

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Politics

Monday, July 02, 2012

The Exact Moment Greece Will Leave the Euro / Politics / Eurozone Debt Crisis

By: Graham_Summers

Best Financial Markets Analysis Article…the second Greek parliamentary elections in as many months came and went. While the media is making a big deal of the fact that the anti-bailout SYRIZA party didn’t win, the facts remain that the elections haven’t really accomplished anything of significance for Greece’s fiscal condition or the likelihood of it staying within the EU.

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Politics

Monday, July 02, 2012

Marc Faber Says Germany Should have Abandoned the Eurozone Last Week / Politics / Eurozone Debt Crisis

By: Bloomberg

Best Financial Markets Analysis ArticleMarc Faber, publisher of the Gloom, Boom and Doom Report, spoke with Bloomberg Television's Betty Liu this morning and said that, "If I were running Germany, I would have abandoned the eurozone last week."

Faber went on to say, "In the case of Greece, one should have kicked out Greece three years ago. It would have been much cheaper."

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Politics

Monday, July 02, 2012

At Long Last the Euro Is Finally Being Saved / Politics / Euro

By: Christopher_Quigley

Best Financial Markets Analysis ArticleFriday the 29th of June 2012 will go down as one of the most important dates in the history of the Euro
currency. In the early hours of that fateful morning German resistance to a rational and comprehensive
resolution to the Euro crisis was finally crushed. It will take some time for the full implications of this
historic result to filter through to the markets but the fact that the dark cloud of dissolution of the Euro is
now passing can only be positive.

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