Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Friday, November 18, 2011
The Greater Context of the Crisis in Europe / Politics / Credit Crisis 2011
Michelle Shocked, ‘Over the Waterfall,’ Arkansas Traveler
‘Petitio principii,’ which is in part believing whatever makes you an easy buck, is, after male libidinal drive, the most powerful force in the human condition.’
Read full article... Read full article...
Thursday, November 17, 2011
Shame of the Euro: How the European Project Lost Touch With Democracy and Its Humanitarian Roots / Politics / Euro-Zone
Will Bancroft writes: The European project started with noble aims and general popular endorsement. We are not going to criticise the ideas for starting the ball rolling at The Treaty of Rome in 1957. The European continent had a bloody history of war, revolution, and conflict between different ethnic and cultural groups. A Second World War within a few decades of the first brought peoples and politicians to a highly developed state of empathy and cooperation. Fertile ground to lay the foundations of projects economic and political one might feel, and for some healthy collaboration for human advancement.
Read full article... Read full article...
Thursday, November 17, 2011
What Will Happen to Greece et al (if they leave the Eurozone)? / Politics / Global Debt Crisis
Forest Fire on the Way
As each week passes, the debt crises in the Eurozone become more and more like a dry forest where small fires that have broken out appear to be contained before the next larger fire is kindled. "Solutions" are put forward, only to prove inadequate. New prime ministers of Greece and Italy are hailed as capable of imposing needed disciplines to stave of a full blown forest fire. But even these (future scapegoats?) men realize they can contribute only a small amount to the problems.
Read full article... Read full article...
Thursday, November 17, 2011
U.S. Congress Gets Richer on Insider Trading Whilst Middle Class Suffers / Politics / US Politics
Kerri Shannon writes: While many Americans continue to struggle to save money, members of Congress are getting richer.
A Roll Call analysis of Congress members' financial disclosure forms showed their collective net worth was more than $2 billion in 2010 - a 25% leap from 2008. Minimum net worth in the House of Representatives rose to $1.26 billion, with minimum Senate net worth at $784 million.
Read full article... Read full article...
Thursday, November 17, 2011
Destroy Germany to Save the Euro / Politics / Euro-Zone
Yesterday German Chancellor Angela Merkel came flat out and said, "To save the Euro we must Destroy Germany".
Well not exactly, but she may as well have because that is the implication. This is what she did say: Germany Is Ready to Cede Some Sovereignty to Save the Euro
Wednesday, November 16, 2011
Euro Bankrupting States Technocrats Now, Strong Man Next? / Politics / Euro-Zone
The trouble is, this freedom thing has simply gone too far. Apparently...
YOU REMEMBER the Lisbon Treaty, right?
Rejected by voters in three of the five European Union states to be asked, it was signed regardless by the heads of all 27 member states in 2009, thus "complet[ing] the process [of] enhancing the efficiency and democratic legitimacy of the Union."
Read full article... Read full article...
Wednesday, November 16, 2011
Taxpayers Forget Retirement / Politics / Pensions & Retirement
If you are still a taxpayer, you are Atlas. I am Atlas. There will come a time when Atlas will shrug. I have written about this before: When will he shrug? Before I can answer this, I want to discuss another factor, compound economic growth
Read full article... Read full article...
Wednesday, November 16, 2011
Occupy Wall Street, Police May Have Seized The Park But The Movement Moves On / Politics / US Politics
It was strange, after all these weeks, to be on the outside looking in at a new set of occupiers that were there because they have the guns and we don’t.
When Mao said that “power grows out of the barrel of a gun” he most assuredly did not have anything like Occupy Wall Street on his mind, but somehow the insight applies.
Read full article... Read full article...
Tuesday, November 15, 2011
Green Revolution Food Crisis, A Deeper Shade Of Brown / Politics / Food Crisis
There was nothing green about the first Green Revolution of the late 1950s and the 1960s. It was brown oil-coloured from start to finish. World population skyrocketed during the last 35 years of the 20th century, adding as many as 110 million more mouths to feed every 12 months in the early 1980s, before tapering down to the present approximate 70 - 75 million per year. Food crisis remains a real threat.
Read full article... Read full article...
Tuesday, November 15, 2011
Europe's Crisis: Beyond Finance / Politics / Euro-Zone
Everyone is wondering about the next disaster to befall Europe. Italy is one focus; Spain is also a possibility. But these crises are already under way. Instead, the next crisis will be political, not in the sense of what conventional politician is going to become prime minister, but in the deeper sense of whether Europe’s political elite can retain power, or whether new political forces are going to emerge that will completely reshape the European political landscape. If this happens, it will be by far the most important consequence of the European financial crisis.
Read full article... Read full article...
Tuesday, November 15, 2011
Central Bankers Abuse of Global Monetary System, The Rape and Pillage of Humanity / Politics / Central Banks
With a title like, the Rape and Pillage of Humanity, many of you are probably expecting this paper to be a story about greed, power, misplaced trust and abuse in College Football. So if you thought that – you’d be wrong.
Instead, this is tale about greed, power, misplaced trust and abuse in our global monetary system – and what Central Bankers have done to it. In short, they’ve taken us to the showers and had their way with us all.
Read full article... Read full article...
Tuesday, November 15, 2011
ECB's Draghi Borrows Paulson’s Bazooka / Politics / Central Banks
The latest round of optimism on display late last week from Wall Street was based upon the supposed resolution--once again--of all Europe's problems. However, the sad truth is the move upward only brought the S&P500 near the unchanged mark on the year in nominal terms and much lower when adjusted for inflation.
Read full article... Read full article...
Tuesday, November 15, 2011
Ron Paul on European Debt Crisis Threatening the U.S. Dollar / Politics / US Politics
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer is the dollar's status as reserve currency for the world, and the US Federal Reserve's status as the lender of last resort. As we've learned in recent disclosures, this has not only benefitted companies like AIG, the auto industry and various US banks, but multiple foreign central banks as they have run into trouble.
Read full article... Read full article...
Tuesday, November 15, 2011
U.S. Energy Independence – The Big Lie / Politics / Crude Oil
“We are the generation that will win the war on the energy problem and in that process, rebuild the unity and confidence of America.” - President Jimmy Carter, 1979
“We have it in our power to act right here, right now. I propose $6 billion in tax cuts and research and developments to encourage innovation, renewable energy, fuel-efficient cars, and energy-efficient homes.” - President Bill Clinton, 1998
Read full article... Read full article...
Monday, November 14, 2011
What Will The Next Phase of Occupy Wall Street Take Us? / Politics / US Politics
A week ago, I produced a TV documentary on inside the Occupy Wall Street encampment in New York. http://www.presstv.ir/Program/208834.html
It was already somewhat obsolete by the time it aired.
The Park, once a buzzing center of debate and open-air meetings has gone residential in the sense that virtually every square inch of what was a half-acre political terrarium is now dominated by tents, an effort to insure more protection from the elements and some better level of personal security. As private spaces proliferated, public space shrunk.
Read full article... Read full article...
Sunday, November 13, 2011
Will Fukushima $10 Trillion Nuclear Catastrophe Bankrupt Japan? / Politics / Japan Economy
I noted in April that a nuclear catastrophe could cost ten trillion dollars or more (many times more than the insurance which nuclear power operators are required to carry) … and could even bankrupt a country.
Read full article... Read full article...
Sunday, November 13, 2011
Time for an Economic Bill of Rights / Politics / US Politics
Henry Ford said, “It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
We are beginning to understand, and Occupy Wall Street looks like the beginning of the revolution.
Read full article... Read full article...
Sunday, November 13, 2011
Europe’s Debt Crisis Spirals out of Control Towards Economic Collapse / Politics / Global Debt Crisis
As Chancellor Merkel and PM Sarkozy search for a solution that doesn’t exist they continue to lose credibility. Nothing of substance has been agreed upon that is legal and can be implemented. At the IMF Christina LeGarde is frantically waving her arms like a cheerleader telling anyone that will listen that if the six sovereigns in financial trouble are not aided the euro will fail and peace in Europe will disappear.
Read full article... Read full article...
Sunday, November 13, 2011
All Wars are based on Deception / Politics / US Politics
In "The Art of War," Sun Tzu said "All wars are based on deception."
What worked in ancient times more than ever applies now, given instant ways of communicating globally and super-weapons Washington and Israel threaten to use like hand grenades.
Read full article... Read full article...
Sunday, November 13, 2011
Occupy Wall Street: Is It Really The 99%? / Politics / US Politics
It looks like the initial public support and sympathy for Occupy Wall Street (OWS) is starting to wear thin. From CNBC:
"Occupy Wall Street may claim small-business owners as members of the 99 percent, but from Oakland, Calif., to New York, many local enterprises are asking the protesters to pack up.
Read full article... Read full article.......the problem with the movement is that it is not hurting the big banks, but rather, it is hurting the small-business owners that are fighting to survive in a recession, says small-business owner Carol Bloom Stevens."