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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Friday, August 20, 2010

New Jersey With The Luck Of The Irish / Politics / Market Manipulation

By: Static_Chaos

One of the headline news today was that New Jersey became the first U.S. state sued by the Security Exchange Commission (SEC) for security fraud. Here is the low-down according to WSJ (my summary):

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Politics

Friday, August 20, 2010

How Washington Should Handle the Bush Tax Cuts / Politics / Taxes

By: Money_Morning

Diamond Rated - Best Financial Markets Analysis ArticleMartin Hutchinson writes: The big political issue for the remainder of this year will be the so-called "Bush tax cuts" engineered by U.S. President George W. Bush in 2001 and 2003.

Those tax cuts are scheduled to expire on Dec. 31, with taxes reverting to their 2001 levels.

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Politics

Friday, August 20, 2010

America’s Healthcare Mafia Strikes Again / Politics / Healthcare Sector

By: Mike_Stathis

Diamond Rated - Best Financial Markets Analysis ArticleDid you get a raise in 2009? 

CEOs of the nation’s largest health insurers most certainly did; CIGNA, UnitedHealth, Humana and Wellpoint. In fact, as a reward for many years of excessive hikes to insurance premiums executed under his leadership, Edward Hanway, the former CEO of CIGNA was provided with a retirement package worth $110.9 million, paid for by the excessive and unnecessarily high insurance premiums billed to CIGNA’s policy holders.  

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Politics

Friday, August 20, 2010

Why the Wars can't be Won / Politics / US Politics

By: John_Kozy

Best Financial Markets Analysis ArticleEdmund Burke's statement, "Those who don't know history are destined to repeat it" is frequently cited, but in truth, even history's obvious lessons are unrecognized by many who know history very well.

There was a time when every school child could recite the Gettysburg Address from memory, especially its famous peroration: “we here highly resolve that these dead shall not have died in vain, that this nation shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth." But that resolution has largely gone unfulfilled. So exactly what did the Civil War accomplish?

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Politics

Friday, August 20, 2010

How Could Illegal Immigration Make America Any Worse Than It Already Is? / Politics / US Politics

By: LewRockwell

Best Financial Markets Analysis ArticleMark R. Crovelli writes: Way back in the 1950’s, one could perhaps be excused for fearing that unhampered "illegal" immigration would lead to a dissolution of the American republic, as throngs of uneducated foreigners with different cultural values overran the existing American population. Indeed, one might have been justified in thinking, as many conservatives in fact did, that the unique "American experiment" depended upon the prevention of an influx of foreigners of the old-world mentality, who did not understand or appreciate individual liberty the way Americans did.

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Politics

Friday, August 20, 2010

Happy Birthday Social Security? / Politics / US Politics

By: Neeraj_Chaudhary

In his weekly radio address this past Saturday, President Obama happily commemorated the 75th anniversary of Social Security. From my perspective, the milestone is nothing to celebrate. For although the president spoke earnestly about the "obligation to keep the promise" of Social Security, in reality, the program will wreck the government's finances within 10 years.

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Politics

Thursday, August 19, 2010

U.S. Operation of Destroying Iraqi State Almost Complete / Politics / Iraq War

By: Global_Research

Best Financial Markets Analysis ArticleElena Pustovoitova writes: There is no question where the US forces withdrawn from Iraq will go – Afghanistan is known to be the next destination.

In the process, Washington manages to demonstrate a commitment to peace. The US President is convinced that the US mission in Iraq can be “safely” finished by the end of August and the US will pull out by the end of the year, says White House Press Secretary Robert Gibbs.

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Politics

Thursday, August 19, 2010

Unenlightened Self-Interest, Deficit Hawk Down On Tax Cuts and Financial Reform / Politics / US Debt

By: Jesse

Best Financial Markets Analysis Article"Economics is haunted by more fallacies than any other study known to man." Henry Hazlett


The argument that 'tax cuts for the wealthiest few stimulates growth' aka the trickle down theory needs to be buried alongside the 'efficient markets hypothesis' and the other principle beliefs of voodoo economics that have brought the US from the world's greatest nation to third world status in a generation.

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Politics

Thursday, August 19, 2010

WSJ Wants Government Subsidies for Mainstream Media / Politics / Mainstream Media

By: MISES

Best Financial Markets Analysis ArticleJeff Harding writes: I almost choked when I read Lee Bollinger's op-ed piece in the Wall Street Journal advocating public financial support of the mainstream media. This is the Lee Bollinger who is the president of Columbia University and was recently named deputy chair of the New York Federal Reserve Bank. The article says more about the writer and the mainstream media than it does its subject matter. It is unbelievable and irresponsible that anyone in his position should seriously advocate subsidies for the press.

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Politics

Thursday, August 19, 2010

Homeowners Rebellion against Wall Street, Axing the Bankers Money Tree / Politics / Credit Crisis 2010

By: Ellen_Brown

Best Financial Markets Analysis ArticleOver 62 million mortgages are now held in the name of MERS, an electronic recording system devised by and for the convenience of the mortgage industry.  A California bankruptcy court, following landmark cases in other jurisdictions, recently held that this electronic shortcut breaks the chain of title, voiding foreclosure.  The logical result could be 62 million homes that are foreclosure-proof.  

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Politics

Thursday, August 19, 2010

Why WikiLeaks Must Be Protected / Politics / US Politics

By: Submissions

John Pilger writes: On 26 July, Wikileaks released thousands of secret US military files on the war in Afghanistan. Cover-ups, a secret assassination unit and the killing of civilians are documented. In file after file, the brutalities echo the colonial past. From Malaya and Vietnam to Bloody Sunday and Basra, little has changed. The difference is that today there is an extraordinary way of knowing how faraway societies are routinely ravaged in our name. Wikileaks has acquired records of six years of civilian killing for both Afghanistan and Iraq, of which those published in the Guardian, Der Spiegel and the New York Times are a fraction.

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Politics

Thursday, August 19, 2010

Obama's Agenda to Destroy the Few Remaining Solvent U.S. States / Politics / US Politics

By: Mike_Shedlock

Best Financial Markets Analysis ArticleIn response to Oregon Wins Blue Ribbon for Unfounded Optimism; Everything "Weaker than Expected" several astute readers sent me a link to a Heritage Foundation article regarding public unions, collective bargaining, and their role in the state budget crisis.

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Politics

Wednesday, August 18, 2010

HMRC Northern Ireland Racist Staff Systemic Underpayment of Benefits To Ethnic Minorities / Politics / UK Politics

By: Nadeem_Walayat

The HMRC sacked seven of its Belfast workers with an additional 2 workers having already resigned for systemic racist abuse of ethnic minority benefit claimants by tampering with their computer records so that people from an ethnic minority background were paid less money then they were entitled to receive.

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Politics

Wednesday, August 18, 2010

Washington And Wall Street Depending On Deceptive Economic Statistics / Politics / US Politics

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleAugust 17, Bloomberg reported a US government release that industrial production rose twice as much as forecast, climbing 1 percent. Bloomberg interpreted this to mean that "increased business investment is propelling the gains in manufacturing, which accounts for 11 percent of the world’s largest economy." 

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Politics

Wednesday, August 18, 2010

Bankster's Business As Usual as Banks Settle Fraud Charges / Politics / Credit Crisis 2010

By: Danny_Schechter

Best Financial Markets Analysis ArticleAnother day, another bank in the news -- with the settlement blues.

Now, Barclays is coughing up $298 million for violating a US Trade law. A Judge is still deliberating on a settlement that may cost Citi $70-$100 million for misleading investors about $40 billion in sleazy subprime holdings .

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