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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Saturday, June 26, 2010

Congress Or Fed Too Big To Fail? / Politics / Central Banks

By: Gary_North

Diamond Rated - Best Financial Markets Analysis ArticleThe mark of political sovereignty is legal immunity from failure. For example, the government of the United States cannot be sued without its consent. It is above the law. It must consent to expose itself to the possibility of failure in a court.

In school, we are taught about an ancient idea that is long out of favor: the divine right of kings. What did it mean? I think most people would find it difficult to say. It meant that there was no earthly court of appeal above the king. The king's judicial word was law, because no higher authority could lawfully overturn his word.

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Politics

Saturday, June 26, 2010

What Now After Financial Reform? Will We Be Spared Another Market Crash? / Politics / Market Regulation

By: Danny_Schechter

Best Financial Markets Analysis ArticleThe Sturm und Drang is over. The Bank lobbyists went home to collect their bonuses as the House and Senate agreed on a 2000 page financial “reform” quickly praised by the White House and superficially covered in the press.

The key underreported fact highlighted by Naked Capitalism: “On a flat trading day, financial firms shares rose 2.7% after the deal was announced.” Compare that to the market volatility and dire forecasts on Wall Street that followed the call for new financial regulations and you can see who won.

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Politics

Friday, June 25, 2010

The Design in Society / Politics / Technology

By: Christopher_Quigley

“Science will have its mastery of all things.”

“Thus the design of a system of generational control and transfer of
 technology and technique and resources must have been developed long ago.”

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Politics

Friday, June 25, 2010

Towards a New Monetary Order / Politics / Central Banks

By: Thorsten_Polleit

Best Financial Markets Analysis ArticleHenry Ford is alleged to have said that "it is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

The spirit of his words encourages us to put forward questions about the banking and monetary system — especially in view of the international credit-market crisis. Is it a good thing that central banks have cut interest rates essentially to zero and have increased the base-money supply dramatically to support the financial sector? Will depression be prevented if governments underwrite banks' balance sheets and run up huge deficits in an attempt to strengthen production and employment?

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Politics

Friday, June 25, 2010

U.S. Afghanistan Strategy After McChrystal / Politics / Afghanistan

By: STRATFOR

The commander of U.S. Forces-Afghanistan and the NATO-led International Security Assistance Force, Gen. Stanley McChrystal has resigned his command. His resignation is a direct result of his controversial remarks in a Rolling Stone interview broken late June 21, and not a reflection or indictment of the campaign he has led in Afghanistan. But that campaign and the strategy behind it are having significant issues of their own.

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Politics

Friday, June 25, 2010

Government Insiders Get Ready for the Gulf "Dead Zone" Environmental Disaster / Politics / US Politics

By: OilPrice_Com

Bad news concerning the Gulf oil disaster continues to come from WMR's federal government sources in the Federal Emergency Management Agency (FEMA) and the US Army Corps of Engineers. Emergency planners are dealing with a prospective "dead zone" within a 200 mile radius from the Deepwater Horizon disaster datum in the Gulf.

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Politics

Friday, June 25, 2010

Congress Dithers On Financial Reform While Courts Give “Get Out Of Jail Cards” To White Collar Crooks / Politics / Market Regulation

By: Danny_Schechter

Best Financial Markets Analysis ArticleNo Yellow Cards Here: Wall Street Banksters Lead In The World Cup of Phony Reform

charade | sh əˈrād|
noun
an absurd pretense intended to create a pleasant or respectable appearance : talk of unity was nothing more than a charade.

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Politics

Thursday, June 24, 2010

The Greek Plague, Sticky Wages / Politics / Social Issues

By: David_Howden

Best Financial Markets Analysis ArticleAfter the deaths of three bank employees, Greek president Karolos Papoulias lamented that the debt-ridden country had finally "reached the edge of the abyss." It should be so lucky. Abysses allow for falls into the deep unknown. If real wages would make the plunge, Greek workers would have a future with more options than striking and senseless destruction.

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Politics

Thursday, June 24, 2010

The Brilliant but Confused Radicalism of George Orwell / Politics / Social Issues

By: Jeff_Riggenbach

Diamond Rated - Best Financial Markets Analysis ArticleEric Arthur Blair, who is best known under his pseudonym, George Orwell, was born 107 years ago this month in India, where his father was a British civil servant. His father's job, according to Orwell biographer Gordon Bowker, "was to oversee the growing of opium, mainly for export to China." Though young Eric's mother had herself grown up in Burma, the daughter of yet another British civil servant, she had long since tired of Asia; and when her son was only a year old she successfully lobbied her husband to ship her and their two children — Eric and his older sister, Marjorie — back to England. Eric did not see his father again for eight years, until he was nine years old and had come home for Christmas vacation from his "prep school," St. Cyprian's.

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Politics

Thursday, June 24, 2010

Is Alan Greenspan a National Security Risk? / Politics / Central Banks

By: Fred_Sheehan

Best Financial Markets Analysis Article(Reuters) - "Secretary of State Hillary Clinton on Thursday said 'outrageous' advice from former Federal Reserve Chairman Alan Greenspan helped create record U.S. budget deficits that put national security at risk." -February 25, 2010

Alan Greenspan lamented U.S. budget deficits in the Wall Street Journal on June 18, 2010 ("U.S. Debt and the Greece Analogy"). For an analysis of Greenspan's flapdoodle, Barry Ritholtz covered the turf on his blog, The Big Picture. The former Federal Reserve chairman should have withheld comment, given his personal contribution to the nation's poverty-stricken state.

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Politics

Wednesday, June 23, 2010

Housing Benefit Illustrates Britains Disgraceful Wasteful, Benefits Culture / Politics / UK Tax & Budget

By: Nadeem_Walayat

The Coalition government's measures to cut spending on Britians huge £110 billion benefits bill by £11 billion per year by 2014-15 is being met with much outrage and indignation by vested interests. However it is ordinary tax payers who should feel the real indignation when they find out that people are able to claim upto £1,000 per week, that's £52,000 per year in housing benefits alone, which is more than twice the average salary.

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Politics

Wednesday, June 23, 2010

Detroit is Dying, Impact of Globalization, Social Decay and Urban Destruction / Politics / Social Issues

By: Global_Research

Best Financial Markets Analysis ArticleA YouTube video titled "Dying Detroit" takes you on a tour of "neighborhoods literally falling apart"—through streets that look like "a hurricane has recently swept through, destroying nearly everything on its path." Thousands of houses have been abandoned—in many areas 50-60% of the houses are in foreclosure. Some blocks have only a few homes left standing. A thousand people a month are leaving what has been called " America ’s fastest dying city."

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Politics

Wednesday, June 23, 2010

Deepwater Horizon: The Worst-Case Scenario / Politics / Environmental Issues

By: Global_Research

Best Financial Markets Analysis ArticleRichard Heinberg writes: Reports from the Gulf of Mexico just keep getting worse. Estimates of the rate of oil spillage from the Deepwater Horizon wellhead just keep gushing (the latest official number: up to 60,000 barrels per day). Forecasts for how long it will take before the leak is finally plugged continue pluming toward August—maybe even December. In addition to the oil itself, BP has (in this case deliberately) spilled a million gallons of toxic Corexit dispersant. Biologists’ accounts of the devastation being wreaked on fish, birds, amphibians, turtles, coral reefs, and marshes grow more apocalyptic by the day—especially in view of the fact that the vast majority of animal victims die alone and uncounted. 

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Politics

Wednesday, June 23, 2010

Americans Worried Sick About Their Economic Future Are Barely Hanging on / Politics / Social Issues

By: Gary_North

Best Financial Markets Analysis ArticleThe recession that began in December 2007 produced a change in Americans' perception of their economic future. They moved from the tradition of hope to one of just barely hanging on. I have never seen this before. Only someone born around 1910 can recall anything like it, assuming that he recalls anything at all.

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Politics

Wednesday, June 23, 2010

Labor Market Dynamics, Defending the Rate Buster / Politics / Employment

By: MISES

Best Financial Markets Analysis ArticleWalter Block writes: The scene is familiar from hundreds of movies featuring labor themes: the young eager worker comes to the factory for the first time, determined to be a productive worker. In his enthusiasm, he happily produces more than the other workers who have been at the factory many years, and who are tired, stooped, and arthritic. He is a "rate buster."

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