Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Sunday, January 12, 2014
Alleged U.S. Economic Recovery: No Jobs For Americans / Politics / Employment
The alleged recovery took a direct hit from Friday’s payroll jobs report. The Bureau of Labor Statistics reported that the economy created 74,000 net new jobs in December.
Wholesale and retail trade accounted for 70,700 of these jobs or 95.5%. It is likely that the December wholesale and retail hires were temporary for the Christmas shopping season, which doesn’t seem to have been very exuberant, especially in light of Macy’s decision to close five stores and lay off 2,500 employees. It is a good bet that these December hires have already been laid off.
Sunday, January 12, 2014
Deregulation, Privatization, and Cheap Labor - Obama’s Corporate Plantations / Politics / US Politics
The man who promised to restore hope and bring change to America, has announced a plan to open five corporate plantations in the United States. On Thursday, President Barack Obama, whose policies have resulted in the greatest number of public sector job losses in US History (Public sector jobs have declined by 718,000 jobs since Obama took office.) announced the opening of five “Promise Zones” located in San Antonio, Philadelphia, Los Angeles, southeastern Kentucky, and the Choctaw Nation of Oklahoma. According to an article in USA Today:
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Saturday, January 11, 2014
Terrorist Baloney - The Al-Qaeda Scam / Politics / Al-Qeeda
Eric Margolis writes: How did al-Qaida, a tiny anti-Communist group in Afghanistan that had no more than 200 active members in 2001 become a supposed worldwide threat?
How can al-Qaida be all over the Mideast, North Africa, and now much of black Africa? This after the US spent over $1 trillion trying to stamp out al-Qaida in Afghanistan and Pakistan?
Friday, January 10, 2014
Puzzling and Worrisome U.S. Jobs Data Says El-Erian / Politics / Employment
PIMCO CEO and co-CIO Mohamed El-Erian and Jason Furman, Chairman of the U.S. Council of Economic Advisors, appeared on Bloomberg Television today to discuss the jobs report. El-Erian told Betty Liu that today's jobs report is "somewhere between puzzling and worrisome."
Furman said, "This is a recovery that is continuing, there's going to be volatility from month to month, but you're seeing an economy that overall continues to strengthen."
Friday, January 10, 2014
Global Warming Chickenlittleism / Politics / Climate Change
The nature of the recently released report by the Intergovernmental Panel on Climate Change (IPCC) is extremely alarmist. The report warns, with a 95% certainty, that global warming is man-made and that the resulting climate change will lead to:
- Rising temperatures, drought and increasing desertification
- Warming of the oceans and rising sea levels
- Shortages of food
- Loss of ice sheets & shrinking of glaciers
- Increasing intensity and size of storms
Friday, January 10, 2014
A Television Snow Job / Politics / Mainstream Media
With more than a foot of snow, sleet, and ice falling over much of the nation, the television news teams went into overdrive. This may be an accurate description of one of those minute-by-minute broadcasts.
“I’m Harry Hansom. Co-anchor Polly Prattle just called. Her car slid into a ditch about eight miles from the studio. Fortunately, she had her roller-blades, and is skating furiously to get here so she doesn’t lose a day’s pay. We begin our Team Weather Coverage with chief meteorologist Hugh Miditty.”
Wednesday, January 08, 2014
Corporate Taxes in America / Politics / Taxes
Raising them should be a national imperative. Corporations should pay their fair share. Not according to Laurence Kotlikoff.
He’s a right-wing economist. He’s a corporatist writ large. He claims abolishing corporate taxes will create jobs.
Doing so requires dropping money on Main Street. Get it in people’s pockets directly. Do it by cutting their taxes.
Guarantee a living wage. Support worker-friendly legislation. Restore their bargaining power with management.
Wednesday, January 08, 2014
£25 Billion More Cuts, Economic Terrorism on Britain's Working Class / Politics / Economic Austerity
Colin Todhunter writes: British Chancellor George Osborne this week announced massive cuts of £25 billion after 2015. This included further welfare cuts of £12bn. Osbourne said that 2014 would be a year of hard truths. He claimed that his economic policies were working, but admitted that the bad news is there’s still a long way to go.
He warned of more years of cuts to public services and the public sector by saying £25bn would be cut over two years after 2015. That is in addition to £17bn cuts this year and £20bn next year. Osbourne argued that government is going to have to be permanently smaller and so too is the welfare system.
Wednesday, January 08, 2014
Business Corporatracy - Twenty Years of NAFTA Sucking Sound / Politics / US Politics
Ah, what a better world the Free Traders built. With the rush to the bottom, the commemoration of the NAFTA 20th anniversary is a most hollow celebration. Those who have a memory of an actual economic prosperity, lament that H. Ross Perot’s warnings were ignored. Business literates urged the public to elect Perot as President. Establishment corporatist interests and corruptacrat officials joined forces to write a blueprint for economic consolidation and political futility. The fruits of this endeavor only satisfy the appetites of the select cabal of manipulation.
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Tuesday, January 07, 2014
JP Morgan Behind Madoff Ponzi Scheme? Pays $2 Billion to Avoid Prosecution / Politics / Banksters
Bernie Madoff has said all along that JP Morgan knew about – and knowingly profited from – his Ponzi schemes.
So JP Morgan has agreed to pay the government $2 billion to avoid investigation and prosecution.
While this may sound like a lot of money, it is spare sofa change for a big bank like JP Morgan.
Tuesday, January 07, 2014
France's Iranian Nuclear Obsession / Politics / France
The Obama Administration Just Might Think
Writing for Wall Street Journal January 7, the former International Herald Tribune editor and Bilderberg Club member John Vinocour said that it looks awfully evident that France's hardline on Iranian nuclear proliferation has been outsmarted by the Iranians – and has even been used by the Obama administration to do what it can to increase the President's tattered public approval ratings at home. Vinocour wrote that if the US “takes over the show” in negotiating with Tehran, “In this case, the Obama administration just might think that France, with its irritating vision of itself as the world's guardian of nuclear non-proliferation, could be dismissed as a strategic nag, increasingly alone, and no longer Washington's co-equal in dealing with Tehran”.
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Tuesday, January 07, 2014
Emerging Markets and the Arctic: Equity in Key Industries / Politics / Environmental Issues
Georgi Ivanov writes: In the 21st century, increasing interest in the Arctic will make the region one of the most dynamic geopolitical spaces, and with it, open up new business opportunities for investment and trade. The impetus will be on resource industries, shipping and the required infrastructure development that will support these investments. However, the political and legal framework needed to make any of these initiatives work rests with having the proper governance capacity in the Arctic.
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Monday, January 06, 2014
Remember Fallujah? Iraq, the 'Liberation' Neocons Would Rather Forget / Politics / US Politics
Remember Fallujah? Shortly after the 2003 invasion of Iraq, the US military fired on unarmed protestors, killing as many as 20 and wounding dozens. In retaliation, local Iraqis attacked a convoy of US military contractors, killing four. The US then launched a full attack on Fallujah to regain control, which left perhaps 700 Iraqis dead and the city virtually destroyed.
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Monday, January 06, 2014
UK General Election Results Forecast May 2015 - Video / Politics / UK General Election
George Osborne has finally succeeded in sparking a debt fuelled housing market led economic recovery that looks set to gain momentum all the way into the May 2015 General Election. This video is based on recent in-depth analysis and detailed concluding multi-year trend forecast for UK house prices and the implications of in terms of the outcome of the next General Election.
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Sunday, January 05, 2014
More Wars in 2014? / Politics / GeoPolitics
Eric Margolis writes: Where are the world’s most dangerous places in 2014?
*Mostly forgotten, but the highly dangerous, Indian-controlled portion of disputed Kashmir. Rebellion against Indian rule by Kashmir’s majority Muslims is again boiling. Over 1.6 million Indian and Pakistani troops, backed by nuclear weapons, are in confrontation. Skirmishing along Kashmir’s Line of Control is frequent. The nuclear strike forces of both India and Pakistan are on a perilous hair-trigger alert, with about three minutes warning of an enemy attack.
Sunday, January 05, 2014
U.S. Congress Legislating Tyranny / Politics / US Politics
Police state lawlessness reflects official US policy. Numerous examples explain. Congress opposes fundamental freedoms.
It terrorizes most people. So do rogue US administrations. Washington is more ruthless today than ever.
Waging war on humanity is much worse. It's ongoing globally. It's reflected in congressional legislation.
Authorization for Use of Military Force (AUMF - September 2001) approved open-ended permanent wars. They rage out-of-control. They do so at home and abroad.
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Sunday, January 05, 2014
The Case of the Missing U.S. Economic Recovery / Politics / US Economy
Have you seen the economic recovery? I haven’t either. But it is bound to be around here somewhere, because the National Bureau of Economic Research spotted it in June 2009, four and one-half years ago.
It is a shy and reclusive recovery, like the “New Economy” and all those promised new economy jobs. I haven’t seen them either, but we know they are here, somewhere, because the economists said so.
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Sunday, January 05, 2014
2013 Was a Watershed Year / Politics / Social Issues
If you weren’t paying close attention, 2013 might have gone down as a quasi-normal year. After all, the Dow Jones ‘Industrials’ (sic) hit 50 some new record highs, mostly in the latter half of the year. The NASDAQ went above 4,000 again (can anyone say 1999?), and the world didn’t end as many had predicted. That’s the surface view. Well, as a good friend of mine says, we’re a mile wide and an inch deep, and in that world, a few positive headlines are good enough to pacify the average American consumer.
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Friday, January 03, 2014
Grant Williams Looks Back on 2013 / Politics / Social Issues
2013 saw the passing of many beloved celebrities, but one who perhaps seemed to receive less attention than merited was Sir David Paradine Frost, who died of a heart attack, aged 74, whilst aboard the MS Queen Elizabeth, where he had been due to give a speech the following day.
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Thursday, January 02, 2014
Don’t Plan on Retiring, Work Until You're Dead? / Politics / Pensions & Retirement
Millions of older Americans say they will never be able to retire. They simply don’t have the savings. According to CNN, “Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings…50% have less than a three-month cushion and 27% had no savings at all….” (“76% of Americans are living paycheck-to-paycheck“, CNN Money)
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