Category: US Politics
The analysis published under this category are as follows.
Tuesday, July 10, 2012
Ron Paul on Fractional Reserve Banking, Government, and Moral Hazard / Politics / US Politics
By: Dr_Ron_Paul
Last week my subcommittee held a hearing on fractional reserve banking and the moral hazard created by government (taxpayer) insured deposits. Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits on hand at any time. In practice, nearly 100% of deposits are loaned out, yet depositors believe that they can withdraw the full amount of their deposit at any time. Loaned funds are then redeposited and reloaned up to the limit of the bank's reserve requirements, compounding the effect.
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Monday, July 09, 2012
U.S. Iran War Gaming Scenario's as Washington Prepares Plans for Aggression / Politics / US Politics
By: Danny_Schechter
When we hear that the United States government is announcing a new policy, it is usually the result of a detailed process, a calculated weighing of options and scenarios in which planners seek to calculate the likely impact and reaction to policies they are advocating.
The stepped-up anti-Iranian sanctions strategy now underway was not an off the top of the head impulsive decision, but one reached through a process of careful strategizing ---as in, if we do this, what are they likely to do?
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Friday, July 06, 2012
Third World America 2012: A Country At War With Itself / Politics / US Politics
By: Janet_Tavakoli
On the Fourth of July, comedian Chris Rock tweeted: "Happy white peoples independence day the slaves weren't free but I'm sure they enjoyed fireworks." Chris Rock disowns the holiday with tongue-in-cheek.
Well right back at you Mr. Rock. My continental European ancestors weren't in the USA when colonists won their independence from England. My grandparents didn't even speak English when they arrived in the U.S., but according to this tweet, their whiteness took ownership of Independence Day from African Americans. Is there nothing those poor European immigrants didn't ruin for real Americans?
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Thursday, July 05, 2012
Hot Air Independence Day, Can Americans Escape the Deception? / Politics / US Politics
By: Paul_Craig_Roberts
Hot Air Day is upon us. On July 4 hot air will spew forth all over the country as dignitaries deliver homilies to our “freedom and democracy” and praise “our brave troops” who are protecting our freedom by “killing them over there before they come over here.”
Not a single one of these speeches will contain one word of truth. No speaker will lament the death of the US Constitution or urge his audience to action to restore the only document that protects their liberty. No speaker will acknowledge that in the 21st century the Bush/Obama Regime, with the complicity of the Department of Justice, federal courts, Congress, presstitute media, law schools, bar associations, and an insouciant public have murdered the Constitution in the name of the “war on terror.”
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Wednesday, July 04, 2012
Supreme Errors by U.S. Supreme Court in Upholding Obama's Health Care Plan / Politics / US Politics
By: Peter_Schiff
In the wake of my last commentary on the horrendous Supreme Court decision upholding Obama's health care plan, several people have pointed out that I erred in saying that the income tax is a "direct tax." While it is technically correct that the Court ultimately declared it to be an excise, not a direct tax, it is important to understand how it arrived at that opinion and why the decision has no practical relevance to the way the tax has been enforced. Just as it has done with Obamacare, the Court came up with a technically constitutional pathway to allow the government to collect a tax in a blatantly unconstitutional manner.Read full article... Read full article...
Tuesday, July 03, 2012
The Greatest Story Ever Written or Will be Written / Politics / US Politics
By: Money_Morning
Steve Christ writes:
Ask practically any American this week about their country, and they will likely tell you that - despite its faults - the United States is the greatest nation on earth.
I would even take it a step further by saying the United States is the greatest country there is, ever was, and ever will be...
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Tuesday, July 03, 2012
Audit the Fed Headed for the House Floor! / Politics / US Politics
By: Dr_Ron_Paul
Last week supporters of Federal Reserve transparency had a major victory when the House Committee on Government Oversight and Reform passed my Audit the Fed bill, HR 459 unanimously with all major audit provisions intact. This clears the way for a House floor vote expected sometime in late July, and with a whopping 263 cosponsors, the chances of it passing have never looked better! This is an unprecedented opportunity for transparency into how the currency of the United States is handled, and mishandled by the Federal Reserve. It is more important than ever that my colleagues in the House and Senate understand what this legislation does and why it is so important.
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Monday, July 02, 2012
Time for the Second American Revolution / Politics / US Politics
By: BATR
For well over the last decade BATR has argued that the Republic is dead. Now that the Supreme Court has rendered their decision on Obamacare, there can be no doubt that the funeral for a nation, born out of a revolution for liberty, is over. The country, buried in the ashes of totalitarian despotism, is now history.
Saturday, June 30, 2012
U.S. Healthcare Legal Gimmickry Rescues Obamacare / Politics / US Politics
By: Peter_Schiff
Despite the celebrations among Democrats, yesterday a majority of Supreme Court justices ruled that the Constitution does not allow the government to force Americans to buy health insurance. However in providing the swing vote to uphold the Affordable Care Act (aka Obamacare) Chief Justice John Roberts broke with the four other justices who shared that view by declaring that the methods chosen to get individuals to buy insurance were not penalties but taxes. He declared that the government wasn't legislating behavior, but simply taxing it. In reaching this tortured decision he erred by declaring the penalties to be taxes and then compounded the mistake by classifying them as "indirect taxes" that are not imposed on individuals. Apparently Roberts feels that these two wrongs will make a right. But his mistake will cost this country dearly.
Friday, June 29, 2012
Washington Neo-cons are Leading the World to Destruction / Politics / US Politics
By: Paul_Craig_Roberts
When President Reagan nominated me as Assistant Secretary of the Treasury for Economic Policy, he told me that we had to restore the US economy, to rescue it from stagflation, in order to bring the full weight of a powerful economy to bear on the Soviet leadership, in order to convince them to negotiate the end of the cold war. Reagan said that there was no reason to live any longer under the threat of nuclear war.
Friday, June 29, 2012
The Day The U.S. Constitution Died / Politics / US Politics
By: Submissions
John Rolls submits: Michael Connelly writes: It is June 28, 2012 and on this day in history five Justices of the U.S. Supreme Court joined with President Obama and members of Congress to declare the U.S. Constitution and our free Republic dead. The justices accomplished all of this by issuing a bizarre opinion on the Constitutionality of the “Affordable Health Care Act” commonly known as Obamacare.
Wednesday, June 27, 2012
The American War Racket, the No1 Zombie Industry / Politics / US Politics
By: Bill_Bonner
Normandy, France – One of the advantages of moving overseas is that you see home more clearly. We came to France last week. Already, America comes into clearer focus.
The French press seems fascinated by the relationship between Francois Hollande’s two mistresses. The former – a candidate for president herself – dumped him when he took up with the latter. The former is also the mother of Hollande’s 4 children, which complicates things further.
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Monday, June 25, 2012
Ron Paul, U.S. Government is Already Too Involved in Healthcare / Politics / US Politics
By: Dr_Ron_Paul
This week the Supreme Court is expected to issue its long-awaited decision regarding the constitutionality of the "Obamacare" law. I recently discussed absurd legal arguments by Obamacare advocates that Congress can compel the purchase of health insurance, and the dismal record of federal courts applying so-called "judicial review" in protecting liberty. It is obvious that Obamacare's legal apologists either are wholly ignorant of constitutional principles, or wholly lawless in their blatant disregard for those principles.
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Saturday, June 23, 2012
Ron Paul Warns Neocons, Hands Off Syria! / Politics / US Politics
By: Dr_Ron_Paul
Before the US House of Representatives: Statement Introducing HR 5993, The Syria Non-Intervention Act of 2012
Mr. Speaker: The Administration is marching toward another war in the Middle East, this time against Syria. As with the president's war against Libya, Congress has been frozen out of the process. The Constitution, which grants Congress and only Congress the authority to declare war, is once again being completely ignored.
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Saturday, June 23, 2012
U.S. Trickle Up Economics / Politics / US Politics
By: Peter_Schiff
The political left wing has long tried to cast doubt on the fairness, and even the efficacy, of free market capitalism by branding it as a "trickle down" system. This epithet is meant to show how the middle and lower classes are dependent on scraps of wealth that happen to fall from the buffet table of the rich. This characterization of an unfair and inefficient system has helped them demonize policies that lower taxes (if they also extend to the wealthy) and reduce regulation on business.
Wednesday, June 20, 2012
Hollywood's New Propaganda Movie Hostage Thriller Glamorizes The CIA In Iran / Politics / US Politics
By: Danny_Schechter
Earlier this year, I was in Tehran for a conference on Hollywood’s power and impact. It was called “Hollywoodism,” featuring many scholars and critics of the values and political ideologies featured in many major movies with a focus on the way Israel (a.k.a., “the Zionists”) are continually portrayed as if they do no wrong.
Wednesday, June 13, 2012
Out of Order / Politics / US Politics
By: Peter_Schiff
While JP Morgan CEO Jamie Dimon has been credited for a confident and feisty performance today in front of Congress, he was careful to not criticize their efforts thus far to regulate the financial services industry. Given that JP Morgan has been on the receiving end of federal bailouts, this should not be surprising. Last week I showed no such reluctance when I testified in front of the Congressional House Subcommittee on Insurance, Housing and Community Opportunity. The fact that my firm is unlikely ever to receive a dime from government was undeniably liberating in that regard.
Tuesday, June 12, 2012
Ron Paul - Congressional Budget Office Sees the Economic Cliff Ahead / Politics / US Politics
By: Dr_Ron_Paul
Last week the Congressional Budget Office (CBO) issued its annual long-term budget outlook report, and the 2012 numbers are not promising. In fact, the CBO estimates that federal debt will rise to 70% of GDP by the end of the year-- the highest percentage since World War II. The report also paints a stark picture of entitlement spending, as retiring Baby Boomers will cause government spending on health care, Social Security, and Medicare to explode as a percentage of GDP in coming years.
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Sunday, June 10, 2012
Conservatives Are the Enemy, They Love, Taxes, Tariffs and the Police State / Politics / US Politics
By: Gary_North
This may sound odd. Conservatives don't love taxes. They want lower taxes. Right? They want lower taxes and smaller government.
I wish that were true. It isn't.
Alexander Hamilton was a crusader for higher taxes and a larger national government in the 1790s. He wanted higher taxes in order to raise money for a higher federal debt. He wanted higher federal debt because he wanted investors in government IOUs to commit to the survival of the United States. Free market economist Thomas DiLorenzo has summarized Hamilton's position, which he accurately identifies as crony capitalism.
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Thursday, June 07, 2012
The fight against the tax-exempt foundations needs to continue / Politics / US Politics
By: Mario_Innecco
In 1982 G. Edward Griffin interviewed Norman Dodd who was the chief investigator for the Reece Committee. This was a U.S. House select committee created to investigate tax-exempt foundations. In this almost hour- long interview Mr Dodd reveals some very interesting information regarding the objectives and the means by which these tax-exempt foundations influence public policy in the United States of America and the world.
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