Category: US Politics
The analysis published under this category are as follows.Saturday, October 08, 2011
God, Gold, Groceries, and Guns / Politics / US Politics
I wrote an article with this title on June 6, 1980 in my newsletter, Remnant Review. It is time for a follow-up.
The four G's seemed prudent in 1980. In early 1980, the American economy was suffering from the worst peacetime price inflation in its history. That was about to reverse due to the Federal Reserve's decision under Paul Volcker the previous August to reduce the rate of growth in money and let interest rates soar. This would lead to a recession.
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Friday, October 07, 2011
Dear Occupy Wall Street: Will You Stand with Me? / Politics / US Politics
Shah Gilani writes: Dear Occupy Wall Street Demonstrators,
Let me start by saying that I applaud your initiative. Grassroots protests are the essence of democracy. And as we've seen with the Tea Party movement and the Arab Spring, nonviolent protests are a powerful way to effect meaningful change.
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Friday, October 07, 2011
Obama Makes Bad U.S. Trade Situation Worse / Politics / US Politics
This Monday, Obama submitted the long-pending Colombia, Panama, and South Korea free trade agreements to Congress. White House chief of staff William Daley has promised to pass them by the end of the month.
Guess the need for campaign cash finally caught up with the administration.
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Tuesday, October 04, 2011
Occupy Wall Street: A Story without Heroes / Politics / US Politics
The "Occupy Wall Street" movement is spreading. Protests have appeared in Los Angeles and Washington, DC. The drama has become palpable, featuring a march on LA's city hall, confrontations with police, and mass arrests.
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Tuesday, October 04, 2011
The Day America Died / Politics / US Politics
September 30, 2011 was the day America was assassinated.
Some of us have watched this day approach and have warned of its coming, only to be greeted with boos and hisses from “patriots” who have come to regard the US Constitution as a device that coddles criminals and terrorists and gets in the way of the President who needs to act to keep us safe.
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Sunday, October 02, 2011
Unions Promise Support As Occupy WallStreet Enters Third Week / Politics / US Politics
There had been rumor on Friday that the band Radiohead would be dropping by the #Occupy Wall Street encampment.
They had just been on the Colbert Report, and their fan base is huge among the very demographic of younger people drawn to the protests now beginning their third week.
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Friday, September 30, 2011
Is The War On Terror A Hoax? / Politics / US Politics
In the past decade, Washington has killed, maimed, dislocated, and made widows and orphans millions of Muslims in six countries, all in the name of the “war on terror.” Washington’s attacks on the countries constitute naked aggression and impact primarily civilian populations and infrastructure and, thereby, constitute war crimes under law. Nazis were executed precisely for what Washington is doing today.
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Friday, September 30, 2011
U.S. States to Financiall​y Break Away from Federal Government / Politics / US Politics
Ron Hera submits: arlier this week I attended the Utah Monetary Summit in Salt Lake City, Utah. As you may know, the state of Utah passed a Legal Tender Act earlier this year authorizing the use of federally minted gold and silver coins as money in the state of Utah. Now, legislators in other states, many of whom attended the Monetary Summit, are evaluating similar legislation.
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Thursday, September 29, 2011
America, Land of the Poor, Home of the Sick / Politics / US Politics
Michael Finger writes: Thanks to a series of destructive government policies and incentives, a health care crisis has been steadily building in America for a generation or two. But the release yesterday of the Kaiser Family Foundation's annual survey reveals that the problem of unaffordable healthcare is becoming epidemic. According to the report, health insurance premiums have jumped nearly 10% in 2011 for the typical family, compared to a 3% increase in 2010. The average annual cost for family health insurance now exceeds $15,000 per year, about 30% of median household income!
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Monday, September 26, 2011
Ron Paul on the Palestinian State / Politics / US Politics
The Palestinian Authority's recent announcement that it would seek UN recognition as an independent state dominated the news and the political debate in the United States last week, though in truth it should mean very little to us. Only a political class harboring the illusion it can run the world obsesses over the aspirations of a tiny population on a tiny piece of land thousands of miles away. Remember, the UN initiated this persistent conflict with its 1947 Partition Plan.
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Monday, September 26, 2011
America and Europe are Saving the Rich and Losing the Economy / Politics / US Politics
Economic policy in the United States and Europe has failed, and people are suffering.
Economic policy failed for three reasons: (1) policymakers focused on enabling offshoring corporations to move middle class jobs, and the consumer demand, tax base, GDP, and careers associated with the jobs, to foreign countries, such as China and India, where labor is inexpensive; (2) policymakers permitted financial deregulation that unleashed fraud and debt leverage on a scale previously unimaginable; (3) policymakers responded to the resulting financial crisis by imposing austerity on the population and running the printing press in order to bail out banks and prevent any losses to the banks regardless of the cost to national economies and innocent parties.
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Saturday, September 24, 2011
Will Obama Earn His Nobel Prize and Abstain Palestine Vote; Or Play For Re-Election? / Politics / US Politics
I was never quite clear about why President Obama got the Nobel Peace Prize?
I think it was something to do with the concept that he “supported” the idea that America should go along with the idea that the Geneva Convention is a bit more of a big deal than “quaint”. That’s an interesting concept, Adolf Hitler thought the Geneva Convention was “quaint”, but I’m not sure that Angela Merkel is going to get the Nobel Prize.
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Wednesday, September 21, 2011
Is Social Security a Ponzi Scheme? / Politics / US Politics
Ever 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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Monday, September 19, 2011
The First Panacea for a Mismanaged Nation is Inflation, the Second is War / Politics / US Politics
THE 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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Sunday, September 18, 2011
The US Government is Going After Your Retirement Funds... / Politics / US Politics
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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Sunday, September 18, 2011
Obama Realitygate And The Green Energy Dream / Politics / US Politics
The 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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Thursday, September 15, 2011
America's War on Liberty / Politics / US Politics
We 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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Tuesday, September 13, 2011
President Obama Spoke in the Rose Garden / Politics / US Politics
In a speech in the White House Rose Garden Monday morning, that I’m sure he hoped no one was watching, President Barack Obama said he would pay for his $447 billion jobs plan by ending a series of tax breaks for oil and gas companies, hedge-fund managers and people making more than $200,000. In total, this plan would end about $467 billion of tax breaks over 10 years.
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Monday, September 12, 2011
Stupid Politician Monkeys Another Reason to Buy Gold / Politics / US Politics
David Galland, Managing Director, Casey Research writes: The human ape has any number of qualities not often found in other species of mammalia, including opposable thumbs and the ability to fashion and use tools.
Continuing the list, I would add a tendency to form all manner of mental constructs and to then act in accordance with those constructs, even when those constructs have little or no connection to reality.
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Monday, September 12, 2011
9/11 Go To Heaven / Politics / US Politics
Ceremonies in the USA and Europe, and in the few other regions and countries where 9/11 business is taken seriously have with time shifted focus. The annual show of gravitas and determination to fight and win the War on Terror, cranked up on the back of the New York and Washington attacks of September 2001 now has another target: deflecting, parrying and diluting the scary future.
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