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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, July 18, 2011

Unfair U.S. Tax Burden Falls Disproportionately on Individuals and Small Business / Politics / Taxes

By: Jesse

Best Financial Markets Analysis ArticleAlthough the nominal US corporate tax rate of 35% seems high, and especially so given all the corporate funded propaganda promoting more tax cuts and givebacks, in fact the realized corporate rates are relatively low both in terms of historical experience and other countries. This is because of the many loopholes, subsidies, and accounting gimmicks available to its more influential corporate citizens from the corporate friendly government.

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Politics

Monday, July 18, 2011

Global Economic Crisis: Finance Is the New Mode of Warfare / Politics / Credit Crisis 2011

By: Michael_Hudson

Best Financial Markets Analysis Article“When I was in Norway earlier this year, one of its politicians sat next to me at a dinner and said, “You know, there’s one good thing that President Obama has done that we never anticipated in Europe. He’s shown the Europeans that we can never depend on America again. No matter how good he sounds, no matter what he promises, we’re never again going to believe the patter talk of an American President. Mr. Obama has cured us. Our problem is what to do about the American people that don’t realize this nightmare that they’ve created, this smooth-talking American Tony Blair in the White House.”

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Politics

Monday, July 18, 2011

The Death of the Welfare States, We're All Greeks Now / Politics / Global Debt Crisis

By: LewRockwell

Best Financial Markets Analysis ArticlePatrick J. Buchanan writes: Departing for New Hampshire in November 2010, Sen. Judd Gregg, the fiscal conservative President Obama wanted in his Cabinet, blurted an inconvenient truth: "This nation is on a course where if we don't do something about it, get ... fiscal policy (under control), we're Greece."

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Politics

Monday, July 18, 2011

The Free Market Currency Manifesto / Politics / Fiat Currency

By: Michael_S_Rozeff

Best Financial Markets Analysis ArticleCurrency is the blood of human exchange. From currency arise prices, and prices are the air that peaceful exchange breathes, an air that communicates living information. Currency is the division of labor’s partner. Currency is our means to transfer labor and energy through time and space, to bring future goods into commerce today. It is that vital means by which we convey the benefits of our labor to others and they to us.

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Politics

Sunday, July 17, 2011

Financial Crimes on Wall Street and the Debt Crisis / Politics / US Debt

By: Bob_Chapman

Best Financial Markets Analysis ArticleCrime on Wall Street, in banking and in corporate America pays. One just neither admits or denies and lets the corporate shareholders pay the fines. These are today’s untouchable, who steal billions and get away with it. Financial institutions are too big to fail, as are their key employees.

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Politics

Sunday, July 17, 2011

Economic Medicine and the U.S. Debt Ceiling Debate / Politics / US Debt

By: Washingtons_Blog

Best Financial Markets Analysis ArticleThe blood pressure of the patient in the emergency room drops precipitously.

The ER docs have already given 15 pints of blood over the course of many hours. But the patient is still on the verge of dying.

Medical rules and regulations say that more than 15 pints of blood should never be given, as too much transfusion can cause other fatal problems.

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Politics

Sunday, July 17, 2011

Mainstream Media Won't Report on the CIA's Secret Wars / Politics / US Politics

By: Videos

Best Financial Markets Analysis ArticleAs the CIA expands covert missions, it's no surprise than many of their operations go unreported. Jeremy Scahill of The Nation says, though, that many outlets are aware of some injustice carried out by the CIA and are just failing to report them.

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Politics

Sunday, July 17, 2011

We Don't Need Free Trade Agreements with Panama, Colombia, and Korea / Politics / US Politics

By: Ian_Fletcher

Best Financial Markets Analysis ArticleObama is still pushing for free trade agreements with Panama, Colombia, and Korea, albeit with the thin fig leaf of demanding they be accompanied by money for so-called Trade Adjustment Assistance, a "painkiller" program designed to blunt the harm to laid-off workers.

The Republicans don't like TAA, which has held up passage of these agreements momentarily, but both sides are still gunning to pass these agreements some time soon.

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Politics

Saturday, July 16, 2011

U.S. Debt Ceiling Political Theater Diverting Attention from Theft of Americans Wealth / Politics / US Politics

By: Submissions

Dennis Kucinich writes: The rancorous debate over the debt belies a fundamental truth of our economy -- that it is run for the few at the expense of the many, that our entire government has been turned into a machine which takes the wealth of a mass of Americans and accelerates it into the hands of the few. Let me give you some examples.

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Politics

Friday, July 15, 2011

Lower the U.S. Debt Ceiling / Politics / US Debt

By: Mark_Thornton

Currently, the big show in Washington, DC, centers around raising the debt ceiling. Congress began setting this ceiling in 1917 so that the Treasury could independently issue debt. The debt ceiling is like the limit on your credit card, except the federal government sets the limit on itself. When President Nixon took us off the gold standard in 1971, the national debt was $400 billion. The increase in the national debt last year alone was four times the entire debt in 1971.

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Politics

Friday, July 15, 2011

Mandela's Contested South Africa Legacy / Politics / Africa

By: Danny_Schechter

Best Financial Markets Analysis ArticleAt 94, Nelson Mandela is still kicking, inspiring an international day of community service on July 18th in his name. This seems to be an idea that Barack Obama borrowed for similar events in the USA. 

While activists and athletes and entertainers, are honoring him by responding to his call for engagement, journalists in the obit departments of the world’s news networks are quietly, even secretly, combing their archives for footage and tributes that will air when he moves on to the next world.  They are getting ready and seem to think it will happen sooner rather than later.

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Politics

Thursday, July 14, 2011

The Intellectual Legacy of the Federal Reserve / Politics / Central Banks

By: Aftab_Singh

Best Financial Markets Analysis ArticleRon Paul and Ben Bernanke had an amusing exchange of words yesterday about whether or not gold is money. Needless to say, Ben answered in the negative and appealed to tradition during the conversation. Now, although I hesitantly agree with his conclusion (as in, strictly speaking, gold isn’t a widely used medium of exchange right now), I can scarcely agree with his modes of reasoning. Here, I consider the Federal Reserve’s intellectual legacy and outline a few possible reasons as to why central bankers generally fail to think and act prudently.

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Politics

Thursday, July 14, 2011

Beware, Taxpayers: The Days of U.S. Bank Bailouts Might Not Be Over / Politics / Credit Crisis Bailouts

By: Money_Morning

Kerri Shannon writes: The U.S. government has spent more than $12 trillion to prop up large financial institutions since the 2008 financial meltdown, but more taxpayer money could still be used for U.S. bank bailouts.

A Standard & Poor's report Tuesday said that despite the government's efforts at financial reform through the Dodd-Frank Wall Street Reform and Consumer Protection Act, the U.S. Treasury, U.S. Federal Reserve and Congress could still bail out a "too-big-to-fail" bank if it felt it necessary to contain risk.

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Politics

Thursday, July 14, 2011

What Congress Doesn’t Want You to Know About the Debt Ceiling Debate / Politics / US Debt

By: Money_Morning

Best Financial Markets Analysis ArticleMartin Hutchinson writes: At this point, there can't be anyone left who truly believes that the debt ceiling debate taking place in Washington is really about what's good for America.

The truth is it's about the 2012 election - and the party that wins the debt ceiling debate will be the party that comes out on top next year.

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Politics

Wednesday, July 13, 2011

Europe and America are Financially Burning / Politics / Credit Crisis 2011

By: Bob_Chapman

Best Financial Markets Analysis ArticleMarkets are what they are today because that is the way government wants them. The stock market has stayed up for quite some time, but the best earnings are fading. The Street is well aware of what has been happening for a number of years. They just do not say anything and go along with the program. They have come to overlook situations worldwide as well as in America, because they believe that, “The President’s Working Group on Financial Markets” won’t let the market fall.

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