Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Tuesday, August 06, 2013
The State And Terror - Bentham, Benthics And The All-Seeing Eye / Politics / US Politics
In a totally childish tantrum due to Putin's humiliating rebuttal of State Dept. attempts to extract Edward Snowden from Russia, it has issued lurid terror warning and closed nearly two dozen embassy and consulate buildings in “terror plagued” Middle Eastern and Arab countries, especially Yemen. Interpol has been wheeled on stage in this naked diversionary tactic, announcing that as many as 150 extremely dangerous prisoners with Al Qaeda links have escaped from prisons “in countries like Iraq and Libya”. When and how they escaped was not communicated. For European holidaymakers there is now the risk of a bearded terrorist being in the next-door-car to you in those traditional holiday 50-kilometre long, 6-lane traffic jams on highways leading to and from Mediterranean tourist venues. The person sitting next to you in those budget airline flights to the same venues could be a terrorist, armed with an explosive toothpaste tube, killer shoes, or whatever. But absolutely not a boxcutter!
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Monday, August 05, 2013
How China's One-Child Policy Will Transform the Future Global Economy / Politics / Demographics
Tara Clarke writes: In 1979, China implemented a one-child policy in an effort to alleviate social, economic, and environmental problems in the country.
Government officials indicate that the policy prevented over 250 million births between 1980 and 2000, and 400 million births between 1979 and 2011.
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Monday, August 05, 2013
Groupthink in Service of Government / Politics / Social Issues
If the human race survives into the future, the history of the current age will be entitled – A Love Affair with Authority. As the 21st century unfolds, the existential struggle between group worship of government and an inherent autonomy revolt against a popular culture of state obedience seems to forecast doom for civilization. By any measurable standard of success, the prospects of rescuing a society based upon human dignity and natural law is vanishing in a technocratic system of coerced compliance and punitive punishment. The limits of individual behavior are severely restricted to the requirements of the State and the willful confines of self-induced conformity.
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Monday, August 05, 2013
Peak Evolution - Benefits Culture, Shrinking Brains, Are Human's De-Evolving? / Politics / Science
The spark for insights into arriving at final trend conclusions for financial markets and economic indicators can originate far removed from the technical studies of markets i.e. as a consequence of focusing on the key mega-trends, and none is more mega than that for the evolutionary trend of the human species and the probable direction that it is likely to trend towards, which is the focus of this article.
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Monday, August 05, 2013
Why Won't They Tell Us the Truth About NSA Spying? / Politics / US Politics
In 2001, the Patriot Act opened the door to US government monitoring of Americans without a warrant. It was unconstitutional, but most in Congress over my strong objection were so determined to do something after the attacks of 9/11 that they did not seem to give it too much thought. Civil liberties groups were concerned, and some of us in Congress warned about giving up our liberties even in the post-9/11 panic. But at the time most Americans did not seem too worried about the intrusion.
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Sunday, August 04, 2013
Detroit Bankruptcy and the Drive Toward Dictatorship / Politics / US Politics
The bankruptcy of Detroit is being widely cited in the media as a model for the use of unelected officials and bankruptcy courts to rip up agreements and impose sweeping cuts on the pensions and health benefits of public employees, not only in Detroit, but in cities across the United States.
The Obama administration has rejected any federal aid to ameliorate the financial crisis of Detroit and counter the effort of state and city officials, fronting for the banks and bondholders, to use bankruptcy to gut workers’ benefits. This makes it clear that the Detroit bankruptcy is part of a broader nationwide policy that is being coordinated by the White House.
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Sunday, August 04, 2013
Energy Regulators Battle The Post-Enron Syndrome / Politics / Market Regulation
USA-EUROPE SAME COMBAT
The EU probe into potential rigging of oil prices in Europe and outside Europe, launched in early July is comparable by its scope, possible impact and potential fines levied against wrongdoers, to the precedent set by the Libor rigging scandal. European regulators' scrutiny of Libor (the London interbank offered rate) interest rate benchmarks finally led, in 2011, to the Royal Bank of Scotland Group (RBS), UBS, and Barclays being fined a total of about $2.5 billion.
Sunday, August 04, 2013
Washington's Fake Terror Threat / Politics / US Politics
Saturday, August 03, 2013
Ruinous Inflation Proposals Mean America Will Be Zimbabwe 2 / Politics / Inflation
In this day and age, one should never assume that “educated” persons, especially those who have “earned” advanced degrees in economics, know the least bit of economics or possess the least bit of sense that might steer them away from the refuse that passes for economic thought. This is especially true in the case of those who propose ruinous money policies, thereby joining the ranks of monetary cranks and demonstrating to one and all an economics IQ south of 25.
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Saturday, August 03, 2013
Fabulous Liabilities For 'Fab' Tourre / Politics / Banksters
UNAMIMOUS JURY
A nine-member federal jury in Manhattan on July 31 unanimously found Fabrice “Fabulous Fab” Tourre guilty on 6 of 7 counts of fraud brought against him by the US Securities and Exchange Commission, the financial sector watchdog. The former Goldman Sachs Group Inc. trader was accused of misleading certain participants in a 2007 “crisis-era” deal that cost them $1 billion, and resulted in the Paulson & Co hedge fund gaining more than $1 billion.
Saturday, August 03, 2013
It will be madness in America soon, Out of control / Politics / US Politics
I bought a copy of USA Today Weekend at the supermarket and wanted to gag. A front-page lead story showing a picture of Edward Snowden's Russian permit was titled: "Welcome, Comrade Snowden" (Is John McCain now writing their headlines?). To read American mainstream news is to collide with an illusory but impenetrable wall of rigid propaganda (rah, rah, America #1; rah, rah, S&P 1700; rah, rah, Washington vs. a world of enemies). In short, the paper's almost one-million readers were encouraged. In so many words, "Don't worry about NSA. Congress has heard the American people and is now moving to reform it. Sleep well tonight, Senator Patrick Leahy is awake."
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Friday, August 02, 2013
How Obamacare Bailouts Work - A Struggling City's Best New Budget Tool / Politics / US Politics
Diane Alter writes: Call it an "Obamacare Bailout" - while millions of Americans look for ways to opt out of Obamacare, broke Detroit is trying to get its residents signed up as soon as possible.
You see, Detroit has grossly over-pledged its benefits, pensions and fully-funded health care plans to thousands of public sector employees for decades, while its tax revenue dwindled.
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Friday, August 02, 2013
Bradley Manning Still Facing a Lifetime With His Kidnappers / Politics / US Politics
Yesterday, Private Bradley Manning was charged and faces "up to" 136 years in a cage for being someone Thomas Jefferson would consider a patriot. Considering the world's oldest person died at 116 years old last month it is quite clearly a life sentence. For myself, at 42, I consider anything more than 10 years a life sentence. Not that I couldn't still have fun at 52... but a lot less fun with a lot more viagra.
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Thursday, August 01, 2013
Reasons Why Obamacare Is Going to Ruin Your Medical Care… and Your Life / Politics / Healthcare Sector
By Elizabeth Lee Vliet, M.D.
Of course you've heard of "liar loans"—in the heyday of subprime mortgages, unscrupulous lenders handed out mortgages to practically everyone with a pulse. "So you're saying you make $100,000 a year? Great, check this box titled 'McMansion.'"
We all know how this charade ended. Now Dr. Elizabeth Lee Vliet, M.D., an acclaimed expert on the subject of Obamacare, warns that the delay of the employer mandate by one year will force Americans into a single-payer system, raising insurance premiums and encouraging "liar subsidies" that might prove fiscally devastating. Not to mention that under the new health care system, you may well end up dead…
Thursday, August 01, 2013
Capitalism, A Norwegian Rat And Some Cockroaches / Politics / Science
Often, for some reason, when you want to make a simple point, before you know it it mushrooms into something much bigger. Like in this case, blasphemy. All I started out with was the notion that if we put a dollar value on something like an Arctic melt, or the extinction of species, we are making fundamental mistakes. Which invariably show in the way we reach the conclusions, presented as "scientific", that make us put such values on potential or already final events.
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Wednesday, July 31, 2013
How We Can Fix State Education and the U.S. Economy / Politics / Educating Children
David Zeiler writes: One of the biggest threats to the future of the U.S. economy is that more and more of the U.S. workforce lacks the skills needed to fill the jobs being created in the 21st century.
Last year, a survey by ManpowerGroup found that 49% of U.S. employers are struggling to fill essential jobs, because they can’t find workers with the proper skills.
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Wednesday, July 31, 2013
J P Morgan and Commodity Manipulation / Politics / Market Manipulation
The practices and methods of manipulating commodity markets, is a staple topic in financial journalism. Options, futures and exotic forms of derivatives, often put under the microscope, gives rise to calls for substantive regulation. One area of the commodity trade, seldom examined is that involved with physical commodities trading. With much fanfare, Under siege, JPMorgan to quit physical commodities, a Reuters announcement has many seasoned street professionals shocked.
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Wednesday, July 31, 2013
Snowden's Dad Confronts Tyrannical Obama / Politics / US Politics
July 26, 2013
President Barack Obama
The White House
1600 Pennsylvania Avenue, N.W.
Washington, D.C. 20500
Re: Civil Disobedience, Edward J. Snowden, and the Constitution
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Tuesday, July 30, 2013
Socialism - Appeasing Envy / Politics / Economic Theory
Any attempt to equalize wealth or income by forced redistribution must only tend to destroy wealth and income. Historically the best the would-be equalizers have ever succeeded in doing is to equalize downward. This has even been caustically described as their intention. “Your levellers,” said Samuel Johnson in the mid-eighteenth century, “wish to level down as far as themselves; but they cannot bear levelling up to themselves.”
And in our own day we find even an eminent liberal like the late Mr. Justice Holmes writing: “I have no respect for the passion for equality, which seems to me merely idealizing envy.”[1]
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Tuesday, July 30, 2013
Larry Summers or Janet Yellen, Who will Obama Pick as Head of Fed? / Politics / US Federal Reserve Bank
Garrett Baldwin writes: With Ben Bernanke prepared to step down as Federal Reserve chairman within the next year, the human resource debacle of locating the next Federal Reserve chair is underway.
Despite reports of Timothy Geithner, Alan Blinder, or Roger Ferguson being modest replacements (the latter I personally endorse), it seems that the candidacy has been narrowed to two.
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