Category: US Politics
The analysis published under this category are as follows.Thursday, May 23, 2013
Huge Discrepancy Between Investment Income and Public Liabilities / Politics / US Politics
The difficulty of institutions that need cash for payment have grown acute during the chalk-brained professors' zero-interest-rate pogrom. Insurance companies are one victim, pension plans another. Looking specifically at defined-benefit pension plans, the plan sponsor (corporation, maybe, or municipality) is obligated to pay current and future retirees a specific dollar amount from now until a spouses' death.
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Tuesday, May 21, 2013
Is This Obama's "Waterloo"? / Politics / US Politics
Shah Gilani writes: You're reading it right now.
I'm calling it WII (WHY?), which stands for Washington Insights & Indictments.
Enjoy it.
It's likely to be a single issue.
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Monday, May 20, 2013
Stocks Go Long, Scandal! Keep 'Em Coming, Obama! / Politics / US Politics
Keith Fitz-Gerald writes: There's a lot of buzz that President Obama's current scandals - Benghazi, the IRS and the Department of Justice - may bring down the financial markets.
I disagree - if anything, they'll provide fuel for another leg up.
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Monday, May 20, 2013
Ron Paul - The IRS's Job Is To Violate Our Liberties / Politics / US Politics
"What do you expect when you target the President?" This is what an Internal Revenue Service (IRS) agent allegedly said to the head of a conservative organization that was being audited after calling for the impeachment of then-President Clinton. Recent revelations that IRS agents gave "special scrutiny" to organizations opposed to the current administration's policies suggest that many in the IRS still believe harassing the President's opponents is part of their job.
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Monday, May 20, 2013
Big Energy Siezing Landowner Property / Politics / US Politics
Julia Trigg Crawford of Direct, Texas, is the manager of a 650-acre farm that her grandfather first bought in 1948. The farm produces mostly corn, wheat, and soy. On its north border is the Red River; to the west is the Bois d’Arc Creek.
TransCanada is an Alberta-based corporation that is building the controversial Keystone Pipeline that will carry bitumen—thicker, more corrosive and toxic, than crude oil—through 36-inch diameter pipes from the Alberta tar sands to refineries on the Gulf Coast, mostly to be exported. The $2.3 billion southern segment, about 485 miles from Cushing, Okla., to the Gulf Coast is nearly complete. With the exception of a 300-mile extension between Cushing and Steele City, Neb., the rest of the $7 billion 1,959 mile pipeline is being held up until President Obama either succumbs to corporate and business pressures or blocks the construction because of environmental and health concerns.
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Thursday, May 16, 2013
Could Cuba’s Past Be America's Future? / Politics / US Politics
By Jeff Thomas, International Man
An article was published in Uruguay that has received little notice outside of Latin America. This article refers to Cuban dissident Yoani Sánchez, also little known in the First World. Ms. Sánchez has recently been allowed to travel outside of Cuba for the first time, as a result of the elimination of "exit visas." The requirement for exit visas was imposed in 1961 to stop Cubans who opposed the then-new Castro regime from being able to leave Cuba. (Editor's note: The regime in Washington imposes an "exit tax" for certain Americans who renounce their citizenship.
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Wednesday, May 15, 2013
IRS as a Political Tax Hit Squad / Politics / US Politics
When the Internal Revenue Service admits to violations of law by targeting limited government advocate organizations, you know that the non-divulged crimes are much worse. The discloser in the mainstream media is a pleasant astonishment. The usual pattern of protecting "Big Government" is still intact, while the noise and agency diversion on the abuses of the IRS avoid the fundamental problem with federal taxation, based upon a system of deductions, exemptions, incentives and grants. The extortion and intimidation in the enforcement of the tax code is the entrusted role assigned to the IRS by the political hacks that administer the social engineering experiment that is fundamentally changing America.
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Wednesday, May 15, 2013
Why Obama's Syria 'Red' Line Turns Pink / Politics / US Politics
Back in August 2012, things were a lot different in Washington DC and in the White House.
The Obama administration was brandishing a confident swagger back then, heading into the elections against a hobbling GOP opponent, and Benghazi had yet to unfold in all of its ugliness.
As Hillary Clinton was jetting around on the US State Department budget promoting her 'Friends of Syria' Middle East and European tours, and as the CIA were busy like bees working in the gray shadows of Benghazi, Washington and London were laying the groundwork for their new WMD case is Syria.
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Monday, May 13, 2013
Ron Paul on What No One Wants to Hear About Benghazi / Politics / US Politics
Congressional hearings, White House damage control, endless op-eds, accusations, and defensive denials. Controversy over the events in Benghazi last September took center stage in Washington and elsewhere last week. However, the whole discussion is again more of a sideshow. Each side seeks to score political points instead of asking the real questions about the attack on the US facility, which resulted in the death of US Ambassador Chris Stevens and three other Americans.
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Sunday, May 12, 2013
Third World America / Politics / US Politics
Center for Economic and Policy Research co-director Dean Baker calls poverty America's "new growth industry." The state of today's America is deplorable.
In his latest May 3 analysis, economist John Williams said "April "employment and unemployment data were nonsense: the economy remains in serious trouble."
About 23% of Americans wanting work can't find it. Most jobs are temp or part-time low pay/poor or no benefit service ones with no futures. Conditions are getting worse, not better.
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Sunday, May 12, 2013
Americans Increasingly Scared of the US Terror State / Politics / US Politics
Daniel Patrick Welch writes: Syria, Libya and other US crimes invisible to financially scared Americans.
Watch Out, World! Even America’s Wealthy Are Losing Ground.
Cognitive dissonance among the US sub-elite means more war and death for everyone else.
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Thursday, May 09, 2013
America's Secret Government that Sows Evil Everywhere / Politics / US Politics
US stocks continue to climb. The Dow has passed the 15,000 milestone. Gold, meanwhile, got smacked yesterday. It sank back to $1,448 per ounce.
What's ahead?
A mood of prophecy, perhaps brought on by a large helping of osso bucco from our local Italian restaurant, came over us last night. We looked into the future. And there we saw a grim world.
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Sunday, May 05, 2013
The Myth of U.S. Economic Recovery, Social Crisis in America / Politics / US Politics
US stock markets surged Friday to new record highs as Wall Street traders seized on a tepid jobs report to engage in a fresh orgy of speculation.
The official line promoted by the Obama administration is that the United States is in the midst of an accelerating economic recovery. For the corporate and financial elite that runs America, and the section of the upper-middle class that hangs on its coattails, a soaring stock market is indeed what defines economic health. For the vast majority of the population, however, life five years after the Wall Street crash of 2008 is dominated by the daily struggle to make ends meet.
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Monday, April 29, 2013
Proof That Washington Hates America / Politics / US Politics
David Zeiler writes: Politics as usual has always been hard on the American people, but with the sequester, Washington has crossed the line this time.
All the sequester craziness has proven that our elected officials are not only inept, selfish, money-squandering bozos - they're also willing to actually inflict harm on the American people for political gain.
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Sunday, April 28, 2013
Ron Paul - Why Liberty Was Also Attacked in Boston / Politics / US Politics
Forced lockdown of a city. Militarized police riding tanks in the streets. Door-to-door armed searches without warrant. Families thrown out of their homes at gunpoint to be searched without probable cause. Businesses forced to close. Transport shut down.
These were not the scenes from a military coup in a far off banana republic, but rather the scenes just over a week ago in Boston as the United States got a taste of martial law. The ostensible reason for the military-style takeover of parts of Boston was that the accused perpetrator of a horrific crime was on the loose. The Boston bombing provided the opportunity for the government to turn what should have been a police investigation into a military-style occupation of an American city. This unprecedented move should frighten us as much or more than the attack itself.
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Saturday, April 27, 2013
The Old Are Prospering at the Expense of the Youth / Politics / US Politics
Billionaire financier and Home Depot founder Ken Langone guest-hosted Bloomberg TV's "Market Makers" today and discussed the U.S. economy, the Obama administration, generational theft, along with Wall Street banks and director pay.
On generational theft: "I like to get a bunch of old geezers in the room and say, you're on an island with your grandchild. You have one meal left. One of you is going to starve to death. What are you as a grandfather going to do? Everyone says, I give the food to my grandchild. They are not doing that now. We are not doing that now."
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Wednesday, April 24, 2013
From New York to Boston, They Thought They Were Free / Politics / US Politics
Jorge Gato writes: ‘Twas an uneasy gut feeling that bid me to leave the Land of Milk & Honey several years ago. Something in the air didn’t smell right. The fascist frog pot has been steaming on low flame for a while now, but it is a slow simmer until you reach that exponential boiling point of no return. The recent turn of events has me somewhat startled (with fascination of course, as I shall fear no evil).
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Tuesday, April 23, 2013
Economic and Social Abnormality Reigns, American's Loving Their Servitude / Politics / US Politics
“The real hopeless victims of mental illness are to be found among those who appear to be most normal. Many of them are normal because they are so well adjusted to our mode of existence, because their human voice has been silenced so early in their lives that they do not even struggle or suffer or develop symptoms as the neurotic does. They are normal not in what may be called the absolute sense of the word; they are normal only in relation to a profoundly abnormal society. Their perfect adjustment to that abnormal society is a measure of their mental sickness. These millions of abnormally normal people, living without fuss in a society to which, if they were fully human beings, they ought not to be adjusted.” – Aldous Huxley – Brave New World Revisited
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Monday, April 22, 2013
Ron Paul - How Congress Exploits Our Fears to Take Our Liberty / Politics / US Politics
This week, as Americans were horrified by the attacks in Boston, both houses of Congress considered legislation undermining our liberty in the name of "safety." Gun control continued to be the focus of the Senate, where an amendment expanding federal "background checks" to gun show sales and other private transfers dominated the debate. While the background check amendment failed to pass, proponents of gun control have made it clear they will continue their efforts to enact new restrictions on gun ownership into law.
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Friday, April 19, 2013
Protect Your Wealth by Internationalizing Your Assets / Politics / US Politics
Since writing The International Man in 1976, I've had quite a bit to say about internationalizing yourself. The book's subtitle was Making the Most of Your Personal Freedom and Financial Opportunity Around the World; but in going over past editions of our newsletters, I find that most of what I've written in recent years has been about the financial aspects of expatriation. Now seems a good time to confront the rest of the subject head on – the reasons to very seriously consider leaving your home country, and to do so now, not next year.
The International Man is long out of print, of course, and only available through used bookstores and finders (including amazon.com). While I'm obviously biased, it's actually still an excellent read, although the world is a different place and I've learned a few things since 1976. The book was directed to Americans, but found a fairly broad international market – becoming, among other things, the biggest-selling book in the history of Rhodesia. That, in and of itself, provides a bit of an object lesson in how things can change, I think.
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