Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Friday, December 09, 2011
The Rotten Heart of Europe / Politics / Euro-Zone
To Americans, European problems may seem as remote as they did in 1939. There is a good chance, though, that the crumbling financial structure will not be "contained" or "ring-fenced": the latter being the common description of how Europe had isolated itself from Italy's difficulties. That lasted a week or so. We may soon discover the extent of American exposure to European financial insolvency.
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Thursday, December 08, 2011
How the "New Cold War" with China Will Change America's Future / Politics / New Cold War
Few things push the frontiers of the future more than an army's desire to defeat its enemies.
Just look at what happened to America after World War II. Our need to counter Soviet power delivered a tidal wave of innovation.
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Thursday, December 08, 2011
Getting Raided by FBI Thugs, It Can and Is Happening Here / Politics / US Politics
Less than two months ago I was the guest on a radio program out of Fairbanks Alaska called Patriot's Lament (click here to view the video). Two of the hosts were David Giessel and Joshua Bennett.
David and I had become good friends ever since we met at the recent Casey summit. Being a young anarcho-capitalist, we had him on Anarchast (click here to view). Living in Alaska, they had been very curious about my libertarian hideaway in southern Mexico (AcaCondos) and David had made plans to visit this December.
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Thursday, December 08, 2011
Hugo Salinas-Price: What Every Politician Needs to Know About Silver / Politics / Mexico
The Hera Research Newsletter (HRN) is proud to present a vitally important interview with Hugo Salinas-Price, Founder, Director and Honorary President of Grupo Elektra, S.A.B. de C.V., which is now run by his son, Ricardo Salinas-Pliego. Grupo Elektra is a part of Grupo Salinas, which owns businesses in the television industry, the telecommunications sector, banking and financial services, and other industries. Grupo Salinas companies include TV Azteca, Azteca América, Grupo Elektra, Banco Azteca, Afore Azteca, Seguros Azteca, Iusacell, Azteca Internet, GS Motors and Italika y la Asociación del Empresario Azteca. Each of the Grupo Salinas companies operates independently, with its own management and board of directors.
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Wednesday, December 07, 2011
S&P Warns Eurozone, Fix it or Else! / Politics / Eurozone Debt Crisis
David Zeiler writes: By timing its downgrade threat to the same week as a key European Union (EU) summit on the debt crisis, Standard & Poor's is essentially telling Europe's leaders to "Fix it or else."
The ratings agency said late Monday that it had put the credit of 15 Eurozone countries, including AAA-rated Germany, on a 90-day watch. The move means each affected country has 50% chance of a downgrade.
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Wednesday, December 07, 2011
The American Dream In Reverse / Politics / US Politics
It all seems like a dream now, doesn't it?
In the 20th century, while America had plenty of flaws - nothing is perfect - it was a beacon of liberty for most of the world. In a century where nazis, communists and fascists ran rampant in destroying life, liberty and property, the USA stood out. No one ever defected from the US to the Soviet Union. Until now.
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Wednesday, December 07, 2011
Durban: Deep Change And Climate Talk / Politics / Climate Change
One thing is sure: world climate is changing. The second thing is that nobody knows why, but the favoured official reason is global warming due to burning fossil fuels, followed by all and any human activity able to release carbon containing gases, and other greenhouse gases. This activity includes deforestation, burning wood and organic wastes, marsh and peat bog draining, cement making, urbanization, road building, agriculture, industrial development, port construction, and several others.
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Wednesday, December 07, 2011
Psychopathic Economics 101 / Politics / Economic Theory
Psychopaths flew financial weapons of mass destruction (derivatives) into the twin towers of our economy, the housing market and the stock market. Ten trillion dollars of wealth imploded in a cloud of dust.
Ninety-nine percent of the economic experts – financial planners, economists, economic professors, brokers, and investors – missed the largest bubble in history as well as the systemic risk that the bubble posed.
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Tuesday, December 06, 2011
Eurozone Debt Crisis, The Euro Debate Gets Philosophical / Politics / Euro-Zone
Europe is rapidly approaching the denouement, the Endgame, of its currency experiment. The outcome is not clear, at least to your humble analyst, as the debates rage and there are huge pluses and minuses the 17 nations must decide upon. But the proverbial road down which the can is tumbling and clattering, kicked along haphazardly, is coming to its end, and soon a rather sharp turn, either to the left or to the right, will be required. Let us hope they choose wisely.
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Tuesday, December 06, 2011
The US's Education Bubble / Politics / Education
Doug Hornig and Alex Daley, Casey Research writes: In the world of finance, there is always talk of bubbles – mortgage bubbles, tech stock bubbles, junk bond bubbles. But bubbles don’t develop only in financial markets. In recent years, there's been another one quietly inflating, not capturing the attention of most observers.
It's an education bubble – just not the one of student debt that has graced the pages of the New York Times and so many other publications in recent months.
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Monday, December 05, 2011
Euro Crisis Destabilizing the U.S. Dollar / Politics / Global Debt Crisis
In response to pressure from Wall Street, the White House and central banks in Europe, the Federal Reserve last week drastically cut interest rates for currency swaps to benefit troubled European banks. This will flood world markets with more dollars and will soon mean rising prices for every American at the grocery store. This extra liquidity will temporarily ease the cash crunch for irresponsible bankers, but in the long run it will make the situation much worse for consumers all over the world. Equities markets registered big gains at the news, but only for a day. Make no mistake - this is not capitalism, and this is not how a free market operates. In a free market, bankruptcies happen, even to large banks. We must remember, free markets are the true and best regulators of financial mismanagement.
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Monday, December 05, 2011
The Evil that is Democratic Thought / Politics / Global Debt Crisis
The mantra that democratic rule exists in the realm of governmental affairs has proven false. The fact that deficit spending is commonplace and acceptable to their populace links the social democracies in a feudal structure that most are unwilling to acknowledge. The practice of debt created bank money underlies every social policy and expenditure. The notion that paying for public projects, based upon popular support and taxes, is extinct. Destroying domestic currencies and obligating future generations to the debt slavery of past failed projects, has replaced the work ethic. Democracies pledge subsidies without labor and security absent of personal freedom.
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Monday, December 05, 2011
Congress Finds One Thing It Can Agree On – Spending Your Money / Politics / Government Spending
David Zeiler writes: Time and time again, a divided Congress has failed to come up with desperately needed solutions to America's debt and budget deficit problems.
But when a major spending bill came along last week, members from all across the political spectrum suddenly found themselves in agreement.
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Monday, December 05, 2011
Finally, Someone Stands Up to Wall Street / Politics / US Politics
Keith Fitz-Gerald writes: One of the biggest problems with Wall Street's malfeasance is how the ruling elite view legal settlements - as little more than an acceptable cost of doing business.
Well, no more.
Thanks to Judge Jed Rakoff we may see some real regulatory action leading to good old-fashioned investigations, perp walks, and even jail for the guilty.
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Monday, December 05, 2011
Who Is Winning The War on Wall Street? / Politics / US Politics
Wall Street has become a battleground, defended by a battalion of New York Cops, and under surveillance around the clock. There’s a war under way after months of protests and assaults by the non-violent warriors of Occupy Wall Street.
So, who’s winning?
On the surface, despite major layoffs and economic setbacks, you would have to say that the epicenter of our financial markets is alive, if not well. The exchanges and banks remain open for business, even if their costs for security are up, and their long-term optimism is way down.
Sunday, December 04, 2011
Is Germany Playing a Saving the Euro-zone Double Game? / Politics / Eurozone Debt Crisis
German chancellor Angela Merkel has called on Europe to “take one big step towards fiscal union” as the price for the European Central Bank's intervention to rescue the weaker member nations. Each Eurozone member has to decide "Yes" or "No" swiftly, whether it considers Germany's terms acceptable. Given the difficulty of complying at short notice, some distinguished ATCA 5000 members wonder privately if Dr Merkel is suggesting one way forward to the Eurozone members, whilst preparing vigorously for Germany's exit on the other hand?
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Sunday, December 04, 2011
The Real Reason Why U.S. Unemployment Will Remain High / Politics / Unemployment
It took quite a long time for Washington to finally concede something that was apparent; the nation’s excessively high unemployment rate would remain elevated for several years. But their admission has come with a twist.
Instead of pointing to the true reason for this demoralizing reality, establishment economists have offered some ridiculous excuses to account for America’s persistently high unemployment rate. The purpose of this propaganda campaign is to place blame on unemployed workers, rather than address the misguided economic policies established by America’s fascist government.
Saturday, December 03, 2011
Is Crony Capitalism Wrong? / Politics / Credit Crisis Bailouts
n November 29, 2011, Bloomberg Magazine’s Richard Teitelbaum published an article revealing a secret meeting on July 21, 2008, with then Secretary of the Treasury and former Goldman Sachs CEO Hank Paulson and around a dozen hedge-fund managers and Wall Street executives.
Five of the hedge fund managers were former Goldman Sachs employees. The meeting was held at the offices of the founder of hedge fund Eton Park Capital Management, Eric Mindich, a former 15-year employee of Goldman Sachs who rose to be the senior strategy officer of Goldman’s Executive Office. He is also current Chair of the Asset Managers’ Committee of the President’s Working Group on Capital Markets.
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Saturday, December 03, 2011
America's War on Pakistan, Anti-NATO Protests across Pakistan / Politics / Pakistan
Countrywide protests continue against Nato attack
LAHORE: Thousands of people turned out in the streets of Pakistan Friday to denounce the unprovoked Nato attacks of last Saturday that resulted in the deaths of over two dozen Pakistani soldiers.
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Saturday, December 03, 2011
The Fed's 16 Trillion Dollar Bailout of the Too Big To Fail Banks / Politics / Credit Crisis Bailouts
What you are about to read should absolutely astound you. During the last financial crisis, the Federal Reserve secretly conducted the biggest bailout in the history of the world, and the Fed fought in court for several years to keep it a secret. Do you remember the TARP bailout? The American people were absolutely outraged that the federal government spent 700 billion dollars bailing out the "too big to fail" banks. Well, that bailout was pocket change compared to what the Federal Reserve did. As you will see documented below, the Federal Reserve actually handed more than 16 trillion dollars in nearly interest-free money to the "too big to fail" banks between 2007 and 2010. So have you heard about this on the nightly news? Probably not. Lately Bloomberg has been reporting on some of this, but even they are not giving people the whole picture. The American people need to be told about this 16 trillion dollar bailout, because it is a perfect example of why the Federal Reserve needs to be shut down. The Federal Reserve has been actively picking "winners" and "losers" in the financial system, and it turns out that the "friends" of the Fed always get bailed out and always end up among the "winners". This is not how a free market system is supposed to work.
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