Category: US Politics
The analysis published under this category are as follows.
Wednesday, February 17, 2010
Wall Street’s War Against Main Street America / Politics / US Politics
By: Michael_Hudson
Former Treasury Secretary Hank Paulson wrote an op-ed in The New York Times, (Feb. 16)[1] outlining how to put the U.S. economy on rations. Not in those words, of course. Just the opposite: If the government hadn’t bailed out Wall Street’s bad loans, he claims, “unemployment could have exceeded the 25 percent level of the Great Depression.” Without wealth at the top, there would be nothing to trickle down.
Wednesday, February 17, 2010
America A Country of Serfs Ruled By Oligarchs / Politics / US Politics
By: Paul_Craig_Roberts
The media has headlined good economic news: fourth quarter GDP growth of 5.7 percent ("the recession is over"), Jan. retail sales up, productivity up in 4th quarter, the dollar is gaining strength. Is any of it true? What does it mean?
Tuesday, February 16, 2010
Are US Taxpayers Bailing Out Greece? / Politics / US Politics
By: Dr_Ron_Paul
Last week we were reminded that ours is not the only country suffering from severe economic turmoil. The Greek government is the latest to come close to default on their massive public debt. Greece has insufficient funds in their treasury to make even the minimum payments that are now coming due.
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Friday, February 12, 2010
Can Capitalism Save Haiti ? / Politics / US Politics
By: Shamus_Cooke
Wednesday, February 10, 2010
It Is Now Official, The U.S. Is A Police State / Politics / US Politics
By: Paul_Craig_Roberts
Americans have been losing the protection of law for years. In the 21st century the loss of legal protections accelerated with the Bush administration’s "war on terror," which continues under the Obama administration and is essentially a war on the Constitution and U.S. civil liberties.
Wednesday, February 10, 2010
The Hypocrisy of Imperialism, Charlie Don’t Surf / Politics / US Politics
By: James_Quinn
“I've seen horrors... horrors that you've seen. But you have no right to call me a murderer. You have a right to kill me. You have a right to do that... but you have no right to judge me. It's impossible for words to describe what is necessary to those who do not know what horror means. Horror... Horror has a face... and you must make a friend of horror. Horror and moral terror are your friends. If they are not, then they are enemies to be feared. They are truly enemies! I remember when I was with Special Forces... seems a thousand centuries ago. We went into a camp to inoculate some children.
Wednesday, February 10, 2010
To Tea Party Or Not To Tea Party / Politics / US Politics
By: Joel_S_Hirschhorn
As a long term, proud political dissident and rebel I have had some admiration for the national tea party movement. I welcome all that shakes up and reforms our dysfunctional political system. But in the end I find far too much distasteful about what these people embrace to participate in or support it.
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Tuesday, February 09, 2010
Wars Sending U.S. Into Ruin / Politics / US Politics
By: Global_Research
Eric Margolis writes: U.S. President Barack Obama calls the $3.8-trillion US budget he just sent to Congress a major step in restoring America’s economic health.
In fact, it’s another potent fix given to a sick patient deeply addicted to the dangerous drug — debt.
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Monday, February 08, 2010
U.S. Congress More Spending is Always the Answer / Politics / US Politics
By: Dr_Ron_Paul
Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has been little more than a year since the last debt limit increase, and graphs showing the debt limit over time show a steep, almost vertical trend. It is not likely to be very long before this new ceiling is met and the government is back on the brink between default and borrowing us further into oblivion.
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Friday, February 05, 2010
More Government Equals Fewer Jobs / Politics / US Politics
By: Peter_Schiff
With today's unexpected decline in December payrolls, the cry for more job-related stimulus will grow even louder. But the sad truth is that any new stimulus or jobs bills will ultimately swell the ranks of the unemployed, thereby raising calls for an even bigger federal effort. If we are not careful, government regulations, subsidies, and spending, all designed to fight unemployment, could push the labor market into a death spiral.
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Thursday, February 04, 2010
The Corporate Takeover of U.S. Democracy / Politics / US Politics
By: Global_Research
Noam Chomsky writes: Jan. 21, 2010, will go down as a dark day in the history of U.S. democracy, and its decline.
On that day the U.S. Supreme Court ruled that the government may not ban corporations from political spending on elections—a decision that profoundly affects government policy, both domestic and international.
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Wednesday, February 03, 2010
America. What Went Wrong? (Part 1) / Politics / US Politics
By: Mike_Stathis
As I have detailed with extensive data and accompanying analysis in America's Financial Apocalypse (2006/expanded and 2007/condensed), America’s once great economy has been gradually transformed into a Ponzi scheme through decades of unfair trade policies that destroyed millions of U.S. jobs.
Unlike many other books which discussed the real estate bubble in isolation, this book went well beyond the real estate bubble by presenting a compelling case for a long period of economic depression.
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Wednesday, February 03, 2010
Who is the Enemy, Dr Ron Paul? / Politics / US Politics
By: Michael_T_Bucci
Recently, Representative Ron Paul addressed the House [paraphrased here], and after depicting the absurdity, cost and futility of fighting our Middle Eastern wars, asked: "Who is the enemy? We don't even know who the enemy is! If we don't know who the enemy is, how will we know if we won?" Though I disagree with his Party's platform and agenda, I admire Ron Paul's bold independent position and thoroughly uphold his viewpoint and opinion. Dr Paul is perfectly correct. Who is the enemy?
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Tuesday, February 02, 2010
Obama Threatens China and Iran, Another U.S. War? / Politics / US Politics
By: Shamus_Cooke
The possibility of yet another U.S. war became more real last week, when the Obama administration sharply confronted both China and Iran. The first aggressive act was performed by Obama’s Secretary of State, Hillary Clinton, who “warned” China that it must support serious economic sanctions against Iran (an act of war).
Monday, February 01, 2010
U.S. Government Spending Freeze Not Likely / Politics / US Politics
By: Dr_Ron_Paul
Last week politicians in Washington made a few things clear about how they really feel about the state of the union. First, they are beginning to hear the growing discontent with the size and scope of government and the broken promises that keep piling up. Certain events in Massachusetts recently made that statement loud, clear and unavoidable. In the face of those events, the powers that be made the determination that some populist rhetoric was in order, and the idea of a spending freeze in Washington was proposed, albeit with several caveats. These caveats to the proposed spending freeze ensure that we are not at any real risk of actually doing anything about spending.
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Monday, February 01, 2010
Secret Banking Cabal Conspiracy Theory Going Mainstream / Politics / US Politics
By: Global_Research
Paul Joseph Watson writes: In another measure of how what the establishment labels “conspiracy theory” is quickly becoming mainstream, Bloomberg News carries a story today acknowledging that those derided as “crazy” for warning that the world is run by a secret banking cabal have largely been proven right in light of the AIG cover-up.
Monday, February 01, 2010
Obama’s Junk Economics, Democrats Relinquish the Populist Option to the Republicans / Politics / US Politics
By: Michael_Hudson
In a dress rehearsal for this November’s mid-term election, Democrats and Republicans vied last week for who could denounce the banks and blame the other party the most for the giveaways to Wall Street that have swollen the public debt since September 2008, pushing the federal budget into deficit and the economy into a slump.
Friday, January 29, 2010
Obama Threatens to Push Economy Over the Edge, the Precarious State of Our Union / Politics / US Politics
By: Peter_Schiff
In this week's much anticipated State of the Union address, President Obama again demonstrated his poor understanding of the fundamental problems that confront our nation. By following the advice of the same people who helped guide our economy to the precipice of total collapse, Obama now threatens to push it over the edge.
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Wednesday, January 27, 2010
Rule By The Rich / Politics / US Politics
By: Paul_Craig_Roberts
The election of Republican Scott Brown to the U.S. Senate by Democratic voters in Massachusetts sends President Obama a message. Voters perceive that Obama’s administration has morphed into a Bush-Cheney government. Obama has reneged on every promise he made, from ending wars, to closing Gitmo, to providing health care for Americans, to curtailing the domestic police state, to putting the interests of dispossessed Americans ahead of the interests of the rich banksters who robbed Americans of their homes and pensions.
Wednesday, January 27, 2010
Obama's State of the Union Address 2010 Rhetoric, Economic Euphemisms and Internal Contradictions / Politics / US Politics
By: Michael_Hudson
The State of the Union address is in danger of purveying the usual euphemisms. I expect Mr. Obama to brag that he has overseen a recovery. But can there be any such thing as a jobless recovery? What has recovered are stock market averages and Wall Street bonuses, not disposable personal income or discretionary spending after paying debt service.