Category: US Politics
The analysis published under this category are as follows.Friday, August 20, 2010
Happy Birthday Social Security? / Politics / US Politics
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.
Thursday, August 19, 2010
Why WikiLeaks Must Be Protected / Politics / US Politics
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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Thursday, August 19, 2010
Obama's Agenda to Destroy the Few Remaining Solvent U.S. States / Politics / US Politics
In 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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Wednesday, August 18, 2010
Washington And Wall Street Depending On Deceptive Economic Statistics / Politics / US Politics
August 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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Tuesday, August 17, 2010
Without A Revolution, Americans Are History / Politics / US Politics
The United States is running out of time to get its budget and trade deficits under control. Despite the urgency of the situation, 2010 has been wasted in hype about a non-existent recovery. As recently as August 2 Treasury Secretary Timothy F. Geithner penned a New York Times Column, Welcome to the Recovery.
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Monday, August 16, 2010
Ron Paul on Washington's Idea of Fiscal Restraint / Politics / US Politics
It has been months now since the new healthcare reform bill was passed into law. As is so typical, this massive piece of legislation was passed with a sense of urgency so acute that leadership declared America could not afford to wait until legislators, their staff and the general public had time to thoroughly read the bill.
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Monday, August 16, 2010
Massive Widespread Economic Pain Across America / Politics / US Politics
the United States is not kaput it is certainly withering away even as a rich upper class enjoys all the things that money buys. There is massive, widespread economic pain inflicting a huge fraction of Americans who are unemployed, underemployed, relying on food stamps, losing their homes, and who are feeling totally insecure financially. This maintains sluggish consumer spending that makes necessary economic growth impossible.
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Sunday, August 15, 2010
What Economic Crisis, Bank and Corporate Profits Soar! / Politics / US Politics
James Petras writes: While progressives and leftists write about the “crises of capitalism”, manufacturers, petroleum companies, bankers and most other major corporations on both sides of the Atlantic and Pacific coast are chuckling all the way to the bank.
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Sunday, August 15, 2010
How to Thwart the Assassins of the American Dream / Politics / US Politics
Arianna Huffington's new book, Third World America: How Our Politicians are Abandoning the Middle Class and Betraying the American Dream, paints a grim picture of the State of the Union:
"Every day, Americans, faced with layoffs and tough economic times, are forced to use their credit cards to pay for essentials such as food, housing, and medical care -- the costs of which continue to escalate. But, as their debt rises, they find it harder to keep up with their payments. When they don't, banks, trying to offset losses in other areas, turn around, hike interest rates, and impose all manner of fees and penalties..." Third World America, (P. 77)
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Thursday, August 12, 2010
Social Credit and the Tea Party Movement / Politics / US Politics
“The essential objective of Social Credit is to achieve an increase in purchasing power available to the common citizenry so that the resources in a society are more fully distributed in general rather than being controlled by a ruling banking elite which operates through a monopoly of credit.”
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Thursday, August 12, 2010
The Big Things That Matter And The Little Things That Annoy / Politics / US Politics
I write about major problems: the collapsing US economy, wars based on lies and deception, the police state based on “the war on terror” and other fabrications such as those orchestrated by corrupt police and prosecutors, who boost their performance reports by convicting the innocent, and so on. America is a very distressing place. The fact that so many Americans are taken in by the lies told by “their” government makes America all the more depressing.
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Thursday, August 12, 2010
US Planning a Coup d'Etat in Venezuela? / Politics / US Politics
It's no fun being on Washington's enemies list. Just ask Hugo Chavez. Last week, the Venezuelan president had to cancel a trip to Cuba after he was told that a coup was underway and his life was in danger. The information came from the same anonymous source who had warned him of the earlier coup in 2002. The letter said: “The execution phase is accelerating..… There is an agreement between Colombia and the US with two objectives: one is Mauricio and the other is the overthrow of the government.… They will hunt down ‘Mauricio’ (and) try to neutralize part of the Armed Forces.” ("Venezuela Pushes for Peace", Coral Wynter, Green Left News)
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Thursday, August 12, 2010
Capital Controls, The Real US Border Fence / Politics / US Politics
You probably haven’t heard of capital controls, but they are common around the world. These mechanisms can control the inflows of money into a country or money leaving the nation or both.
Why do countries impose capital controls? Governments may try to limit inflows if they believe their currencies or stock markets are appreciating too fast, or they may slow outflows because they fear crashes like the Asian Financial Crisis of 1997-8.
Tuesday, August 10, 2010
Hurrah for Hugo Chavez / Politics / US Politics
It's no fun being on Washington's enemies list. Just ask Hugo Chavez. Last week, the Venezuelan president had to cancel a trip to Cuba after he was told that a coup was underway and his life was in danger. The information came from an anonymous source who had delivered a similar warning prior to the failed coup in 2002. The letter said: “The execution phase is accelerating..… There is an agreement between Colombia and the US with two objectives: one is Mauricio and the other is the overthrow of the government.… They will hunt down ‘Mauricio’ (and) try to neutralize part of the Armed Forces.” ("Venezuela Pushes for Peace", Coral Wynter, Green Left News)
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Monday, August 09, 2010
U.S. and the Cycle of Violence in Afghanistan / Politics / US Politics
Last week the National Bureau of Economic Research published a report on the effect of civilian casualties in Afghanistan and Iraq that confirmed what critics of our foreign policy have been saying for years: the killing of civilians, although unintentional, angers other civilians and prompts them to seek revenge. This should be self-evident.
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Monday, August 09, 2010
Obama Economic Team Bails, As Stimulus System Fails To Generate Jobs / Politics / US Politics
In Washington, the Obama economic team has sprung a leak. First, Budget Director Peter Orszag, the calculating numbers savant, bailed. And now, “distinguished” economist Christina Romer, the only woman in that inner circle boys club has quit too. (Would you want to be around Larry Summers all day long?)
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Monday, August 09, 2010
America's Middle Class in Crisis / Politics / US Politics
Very nice reading in the Financial Times this week.
One of my favorite topics since I themed the year with our 2010 Outlook "A Tale of Two Economies" and in the years before that I’ve been bitching about the topic of wealth disparity in America to the point where even arch-Conservatives Alan Greenspan and David Stockman are now forced to agree with me. So that’s two down, 99,999,998 to go! That’s right, just 1/3 of our fellow countrymen now identify themselves as Republicans or Republican’ts, as they are affectionately known on Capitol Hill - where they block every possible effort to change the status quo that’s been eating away at our nation and destroying the middle class for an entire decade now.
Monday, August 09, 2010
No Drama Obama Needs a Strong Second Act / Politics / US Politics
The Obama administration is a welcome change from the Bush–Cheney years. Against severe Republican opposition, President Obama has kept campaign promises to reform health care, curb Wall Street excesses, create a federally-funded stimulus program to help bring the nation out of the recession, and to remove American troops from the needless Iraq war, which has already cost Americans more than $740 billion and 4,400 lives. He has also pledged to eliminate the Bush–Cheney tax cuts for the rich, while not raising taxes on the middle- and lower-classes.Read full article... Read full article...
Saturday, August 07, 2010
The Maxine Waters Investigation: What is Iran Doing in this Picture? / Politics / US Politics
Katherine Smith writes: The timing of an investigation by the House Ethics Committee, which on August 2, 2010 formally brought a case against Congresswoman Maxine Waters, one of America’s most enduring liberal and fierce Anti War politicians, and the WikiLeaks of tens of thousands of Army documents related to the war in Afghanistan may be connected.
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Saturday, August 07, 2010
Gerald Celente American People Have Been Cheated and Betrayed / Politics / US Politics
Gerald Celente – president of the Trends Research Institute and editor of Trends Research Journal – and LRC podcast guest – is interviewed on Russian TV, which tends to be freer than US TV. He discusses the economic collapse and social unrest ahead, and why we can not trust the ruling class or their universities. Americans are rightly angry at the oligarchs of Wall Street and the big banks. They feel cheated, and they have been cheated. They feel betrayed, and they have been betrayed.
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