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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Wednesday, December 08, 2010

Belligerent US Diplomacy Promotes War, the Coming Armageddon in Iran / Politics / US Politics

By: Michael_S_Rozeff

Best Financial Markets Analysis ArticleWhat could be more undiplomatic than confronting the other side? Accusing them? Taunting them? Threatening them? Demanding concessions? Refusing to hear their side? Acting high and mighty? Bluntly invoking "sticks" if they don’t do as demanded? Or simply rejecting what they say out of hand?

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Politics

Wednesday, December 08, 2010

Bernanke Lied His Way Through a '60 Minutes' Infomercial, He Misinforms with Gusto! / Politics / Central Banks

By: Gary_North

Best Financial Markets Analysis ArticleBen Bernanke ought to write country music songs on the side. They would all have the same theme: I cheated on you honey, but take me back one more time.

His appearance on "60 Minutes" on Sunday, December 5, was clearly his attempt to deal with criticism of the Federal Reserve's policy of purchasing up to $600 billion of Treasury debt – or more, as he admitted.

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Politics

Wednesday, December 08, 2010

Is the Political Class Economically Incompetent or Simply Bought and Paid For by the Elite? / Politics / US Politics

By: Mike_Shedlock

Best Financial Markets Analysis ArticleInquiring minds are reading an interesting article in Forbes by writer Charles Kadlec regarding the Economic Incompetence of the Political Class.

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Politics

Wednesday, December 08, 2010

WikiLeaks - State Secrets or Clever Propaganda Tactics? / Politics / US Politics

By: OilPrice_Com

Is the US Government Machiavellian enough to orchestrate the recent brouhaha over the so-called website WikiLeaks, is this a real embarrassment, or will it indeed be damaging as some U.S. diplomats claim?

I am not one to support conspiracy theories but when you stop to analyze the content of the information that was leaked it seem that two things emerge: first, the content of the cables were not so earth shattering as to damage national security, or harm Washington's relations with other countries.

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Politics

Wednesday, December 08, 2010

Quantitative Easing, An XtraNormal Office Discussion / Politics / Quantitative Easing

By: Mike_Hewitt

Best Financial Markets Analysis ArticleTwo office co-workers discuss the reasoning of newest round of quantitative easing by the U.S. Federal Reserve.

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Politics

Wednesday, December 08, 2010

Bernanke's 2 Big Lies on 60 Minutes / Politics / Central Banks

By: Michael_Pento

Best Financial Markets Analysis ArticleThis past Sunday on the CBS program "60 Minutes", Americans received a massive dose of mendacity from our Fed Chairman. Mr. Bernanke's shaky delivery, and even shakier logic may cause faith in America's economic leadership to evaporate faster than the value of our dollar. In particular, Bernanke delivered two massive distortions:

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Politics

Wednesday, December 08, 2010

Obama Announces Deal to Extend Tax Cuts for the Rich / Politics / US Politics

By: Barry_Grey

Best Financial Markets Analysis ArticlePresident Obama on Monday announced his support for a two-year extension of Bush-era tax cuts for the rich, capitulating to Republican demands and reversing campaign pledges to end the windfall for families making more than $250,000 a year.

The announcement was made in a brief White House speech, after which Obama took no questions from the press. Extension of the tax cuts for the wealthy, set to expire January 1, has been a central preoccupation of the US corporate-financial elite. For precisely that reason, the cave-in by Obama and the Democratic Party on the issue was virtually assured. The extension will funnel an estimated $70 billion per year into the coffers of the rich.

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Politics

Wednesday, December 08, 2010

Farewell to the E.U. Superstate / Politics / Euro-Zone

By: Mike_Whitney

Best Financial Markets Analysis ArticleWednesday's press conference with ECB President Jean-Claude Trichet turned out to be a real jaw-dropper. While Trichet didn't commit himself to massive bond purchases (Quantitative Easing) as many had hoped, he did impress the gathering with his magical skills. The Financial Times recounts Trichet's what happened like this:

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Politics

Wednesday, December 08, 2010

BernankeLeaks, Fed and Wall Street Banks $12.3 Trillion Biggest Scam in World History / Politics / Credit Crisis Bailouts

By: David_DeGraw

Diamond Rated - Best Financial Markets Analysis ArticleWhat if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it? Does that mean the scam could keep going? That’s what we are about to find out.

I understand the importance of the new WikiLeaks documents. However, we must not let them distract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, it will most likely pale in comparison to what we just found out from the one-time peek we got into the inner-workings of the Federal Reserve. This is the Wall Street equivalent of the Pentagon Papers.

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Politics

Wednesday, December 08, 2010

Americans Say Goodbye to Benefits… Hello to “Interesting” Times / Politics / US Politics

By: Graham_Summers

Best Financial Markets Analysis ArticleDon’t they get it?

It’s truly bizarre to me that the powers that be cannot figure out WHY the average American is growing increasingly disenfranchised with how things are going.

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Politics

Wednesday, December 08, 2010

End Legal Loan Sharking Rally to Protect Poorest Borrowers / Politics / UK Politics

By: Submissions

Stella Creasy, Labour and Co-Operative MP for Walthamstow is to hold a rally in the House of Commons as part of the ongoing End Legal Loan Sharking campaign to end exploitation of the poorest consumers in Britain by payday and doorstep credit agencies. The meeting will take place from 7pm to 9pm in House of Commons Committee Room 5 on Tuesday 7th December 2010. Speakers will include Martin Lewis of MoneySavingExpert.com, Gavin Hayes, General Secretary of Compass, Maurice Glasman of Citizens UK, Justin Tomlinson MP and Stella Creasy MP.

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Politics

Wednesday, December 08, 2010

Bernanke and Republican Lies, Half Truths and 100% Hubris Crucifying the Middle Class / Politics / US Politics

By: Mike_Shedlock

Best Financial Markets Analysis ArticleI am very disheartened but not at all surprised (given that I predicted it), the complete fiscal irresponsibility of the "compromise" tax proposal by president Obama that Democratic sheep will no doubt approve right along with deficit-hawk deficit-hypocrite Republicans.

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Politics

Monday, December 06, 2010

Wikileaks and the Worldwide Information and Propaganda War / Politics / US Politics

By: Andrew_G_Marshall

Best Financial Markets Analysis ArticleThe recent release of the 250,000 Wikileaks documents has provoked unparalleled global interest, both positive, negative, and everywhere in between. One thing that can be said with certainty: Wikileaks is changing things.

There are those who accept what the Wikileaks releases say at face value, largely due to the misrepresentation of the documents by the corporate-controlled news.

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Politics

Monday, December 06, 2010

Fed Report Reveals Great Bank Heist of 2008-2009 / Politics / Credit Crisis Bailouts

By: Barry_Grey

Best Financial Markets Analysis ArticleThe US Federal Reserve Board on Wednesday released documents on emergency measures it took between 2007 and 2010, using taxpayer funds, to bail out major financial firms in the US and around the world. The sums involved are staggering.

Fed bailout loans outstanding reached a high of $3.3 trillion, but the cumulative amount of cash funneled by the US central bank to banks, hedge funds and major industrial corporations reached the tens of trillions of dollars.

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Politics

Monday, December 06, 2010

Julian Assange Wikileaks Marketing Genius / Politics / US Politics

By: Gary_North

To understand what WikiLeaks has done, we must understand economic cause and effect. Let us begin with a comparable market: the market for gambling.

Governments have laws against gambling. Why? The justification is moral principles. This reason is less persuasive, once the government sets up state lotteries and also licenses taxable gambling, such as horse racing. The real reason is the governments want to monopolize the vice. They expect greater tax revenues.

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