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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Wednesday, September 21, 2011

Is Social Security a Ponzi Scheme? / Politics / US Politics

By: Robert_Murphy

Best Financial Markets Analysis ArticleEver since Rick Perry derided Social Security as a Ponzi scheme, economists and other pundits have jumped into the fray. Progressive blogger Matt Yglesias says it's "nuts" for anyone to talk like this, because Social Security merely relies on future economic growth — just like a private pension plan. Free-market economist Alex Tabarrok responded to Yglesias with links to arch-Keynesians (and Nobel laureates) Paul Samuelson and Paul Krugman, both comparing Social Security to a "Ponzi game."

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Politics

Wednesday, September 21, 2011

Gore and Climatists Get Ready to Hibernate: Another Record Breaking Winter is Coming / Politics / Climate Change

By: Patrick_Henningsen

Best Financial Markets Analysis ArticleYou can always gauge the level of desperation in a political movement by its inability to maintain a coherent message. This usually happens when the reality visible in the world runs contrary to the reality being professed from their pulpit.

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Politics

Wednesday, September 21, 2011

America's Secret War Plans Against the Red Empire, Economic Depression's Ultimate Conclusion / Politics / GeoPolitics

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleTop secret documents reveal America's 1930's plan of war against the Red Empire, but America's foe in this war was not the Soviet Union or Japan, it was not even Nazi Germany, plan red was code for an apocalyptic war with Britain and all its dominions. The plan emerged from the Great Depression amidst the rise of evil regimes at a time when even some in America had been seduced by dark forces.

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Politics

Tuesday, September 20, 2011

Why the Capital vs Labour Antithesis is Screwing Capitalism, Labour, and Free Trade / Politics / Protectionism

By: Submissions

David Chapman writes: The fundamental reason that "Free Trade" will end, and end badly, is that while movement of capital, goods and services is substantially free, and exchange rates are substantially floating, labour is imprisoned; creating massive imbalance.

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Politics

Tuesday, September 20, 2011

Obama's Doomed Deficit-Reduction Plan More Political Than Practical / Politics / US Debt

By: Money_Morning

Best Financial Markets Analysis ArticleDavid Zeiler writes: With the scars from the summer's budget battles still fresh, U.S. President Barack Obama yesterday (Monday) unveiled a deficit-reduction plan that is aimed more at winning votes in the 2012 election than it was to win support from congressional Republicans.

The president's deficit reduction plan includes approximately equal amounts of spending cuts and revenue increases to reach its target of $3 trillion over the next decade.

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Politics

Monday, September 19, 2011

The First Panacea for a Mismanaged Nation is Inflation, the Second is War / Politics / US Politics

By: James_Quinn

Best Financial Markets Analysis ArticleTHE OLD MAN AND THE SEA – 2011

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” Ernest Hemingway

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Politics

Monday, September 19, 2011

IMF-Troika Draconian Demands Force Greece Towards Debt Default? / Politics / Global Debt Crisis

By: DK_Matai

Best Financial Markets Analysis ArticleThe Troika -- IMF, ECB and EC -- is demanding draconian new cuts in spending and public employment from Greece as a pre-condition for resuming aid talks, including:

1. 15 austerity measures Greece must take "here and now";

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Politics

Sunday, September 18, 2011

The US Government is Going After Your Retirement Funds... / Politics / US Politics

By: Bob_Chapman

We have warned subscribers and listeners and those on the Internet over and over again that government was going to come after your private retirement funds including 401K’s and IRA’s that hold $6.6 trillion in investments.

This past week in a grand deficit cutting bargain the Senate Finance Committee explored “Tax Reform Options Promoting Retirement Security.” The excuse is to make 401K plans more efficient; to keep Social Security afloat and to switch funds from these retirement plans to be used elsewhere by government. It is called a looting procedure.

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Politics

Sunday, September 18, 2011

The Architects of Economic Collapse: The Case of Latvia / Politics / Economic Austerity

By: Michael_Hudson

Best Financial Markets Analysis ArticleProf. Jeffrey Sommers and Prof. Michael Hudson write: Anders Åslund and other austerity cheerleaders tout Latvia as a poster child for huge cuts. Nothing could be further from the truth

This past month's economic data reveals the global economic crisis continues to worsen, and by its duration and severity threatens to become known as the Great Depression II. Yet, even though it is evident to most that our problems arose from finance run wild, several media commentators claim the fault lies with its victim, the public. Instead of curbing finance, they advise governments impose radical austerity measures, which, in this economy, is tantamount to throwing the drowning victims an anchor, while tossing the perpetrators a life-preserver in the form of cash.

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Politics

Sunday, September 18, 2011

Obama Realitygate And The Green Energy Dream / Politics / US Politics

By: Andrew_McKillop

Best Financial Markets Analysis ArticleThe rightly named Solargate scandal, going right up to Obama's White House, involving the Solyndra asset bubble and collapse (http://21stcenturywire.com/2011/09/16/solargate-obama’s-big-green-scandal-that-won’t-go-away/) underlines yet again that green energy miracles are not cheap, but even worse they are unreal.

The basic reasons - apart from resource, technology and industrial factors - feature the lose-lose mixture of political false hopes and incompetence, economic unreality and corporate greed that has dogged green energy since the mid-decade, when it suddenly became a political plaything.

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Politics

Saturday, September 17, 2011

European Leaders Flex Muscle / Politics / Credit Crisis 2011

By: John_Browne

Last Wednesday in a conference call followed around the world, German Chancellor Angela Merkel, French President Nicholas Sarkozy and Prime Minister George Papandreou of Greece gave broad assurances that in exchange for Greek commitment to enact further austerity measures, the flow of bailout funds will continue from the north. Although details were scarce, and no significant structural solutions were proposed, the symbolism was sufficient to diffuse mounting anxieties on both sides of the Atlantic. Stock markets of the major democracies rose strongly, while precious metals fell. But investors are right to wonder if anything of substance actually occurred.

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Politics

Saturday, September 17, 2011

Will Governments Wait Until Panicked Again Before Acting? / Politics / Financial Markets 2011

By: Sy_Harding

As the downturn worsened severely in 2008, governments around the world finally jumped in with massive panicked rescue efforts.
In March, 2008 there was the $29 billion bailout of Bear Stearns, in May the $178 billion in stimulus checks to consumers, in July the $300 billion for at-risk homeowners, in September the $25 billion bailout of automakers, and the $200 billion bailout of mortgage provider Fannie Mae, and in October the $700 billion bailout of banks.

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Politics

Friday, September 16, 2011

The Real Solution to U.S. Debt Crisis / Politics / US Debt

By: MISES

Best Financial Markets Analysis ArticleDavid D'Amato writes: In his famously doleful, dystopian novel, Nineteen Eighty-Four, George Orwell described a world enthralled to what was functionally a "permanent war economy," an "economy existing by and for continuous warfare."

Today, on the heels of a debt ceiling increase calculated to forestall a federal-government default, we both are witnessing and are yoked to the many indispositions of what could be characterized as a permanent debt economy.

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Politics

Friday, September 16, 2011

The Last Oil Wars / Politics / Crude Oil

By: Andrew_McKillop

Best Financial Markets Analysis ArticleIn almost undisguised fashion, French and British media, with a weaker version in US mainstream media is talking up the Libyan war as an outright cheap oil victory - after all Libya has about 40 billion barrels of proven reserve, the oil is cheap to produce, and high quality. What matters now is who gets what, and the suppliers of airpower and munitions will be high up the list of winners.

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Politics

Thursday, September 15, 2011

America's War on Liberty / Politics / US Politics

By: Bill_Bonner

Best Financial Markets Analysis ArticleWe dipped our toes over the weekend, Fellow Reckoner. Re-tested the waters. We wanted to know whether, over the past ten years, the public discourse regarding 9/11 and the subsequent “War on Terror” – waged both on foreign soil and, increasingly, against the liberties of American citizens at home – had shifted. A few questions…

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