Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Friday, April 30, 2010
Goldman's Fraud, But What About John Paulson’s Other $13 Billion? / Politics / Credit Crisis 2010
Disaster has been good to John Paulson.
The hedge fund manager rose from relative obscurity to legend within the span of 12 months when his bets against the subprime mortgage market netted him and his investors billions. The returns on invested capital were absolutely absurd: one of his funds returned 590 in 2007, another returned 353 percent. By the time the smoke cleared, Paulson had made $3.7 billion for himself, and another $10+ billion for his investors.
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Thursday, April 29, 2010
Peter Schiff, "I Think I Have a Real Chance of Winning a Senate Seat" / Politics / US Politics
When I first announced my candidacy for the United States Senate I really had no idea how well my message would resonate in the Nutmeg State. Well we’re six-months in, and my campaign is really gaining momentum. I am very encouraged with the progress we have made. I am well received at the Republican Town Committee meetings with several towns having already voting to endorse me. I have more volunteers and more donors then any other candidate in the race and reporters statewide agree that I won the only televised debate, which explains why neither of my opponents will agree to another.
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Thursday, April 29, 2010
Bankster and Corporate Donations to Presidential Campaigns / Politics / US Politics
I Wish I Were Stupid
It sure sucks to be a bear right now.
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Thursday, April 29, 2010
Unemployment, Who Would Want to Inherit This? / Politics / US Politics
They were wearing all black.
She had a ring in her lip. His earrings were glints of metal amongst his oily and badly dyed hair. They couldn’t have been older than 18 and looked like they’d fit in outside a Hot Topic at the mall.
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Thursday, April 29, 2010
Tax Payer Bailed Out Banks Shorting U.S. States and Cities / Politics / Credit Crisis 2010
Americans bailed out the giant banks. So how do the too big to fails re-pay the American taxpayers?
By betting that American states and cities will fail.
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Thursday, April 29, 2010
Bring Down Goldman Sachs and Expose the Financial Coup / Politics / Credit Crisis 2010
Not only did Goldman Sachs profit on betting against CDOs they designed to fail; more importantly, they insured them through AIG which led to a $182 billion taxpayer bailout.
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Thursday, April 29, 2010
The Human Revolution - It WILL Occur! / Politics / Social Issues
"Austerity" (poverty) for the people; profit for the few. This is the anthem of free-marketers, speculators and governments held hostage by them. The "Greek fire" is a monetary ruse used by centralized financiers to further their encircling despotism using capital as an instrument of power; ipso facto requiring the subjugation of workers (the many) to lives of imminent hopelessness and desperation, and governments to subservient powerlessness. It is a grand but deadly game that isn't about money, per se. It is about power.
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Wednesday, April 28, 2010
Greece Requires Conservatorship / Politics / Global Debt Crisis
In our assessment, Greece should be placed into conservatorship by the European Commission. Greece’s liquidity issues have morphed into a solvency crisis. Greece’s challenges are fiscal, which requires a political solution. Therefore, Greece’s problems cannot be resolved by the European Central Bank (ECB), although ECB policy can affect the dynamics as this crisis evolves.
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Wednesday, April 28, 2010
Western Civilization is Doomed / Politics / GeoPolitics
"Peace cannot be achieved through violence, it can only be attained through understanding." Ralph Waldo Emerson
When I was a boy, I knew a man who repaired clocks and watches as a hobby. (Quartz watches had not yet been invented.) I often sat for hours in utter fascination watching him work. Then one day, I asked, "Frank, how do you know how to do that?" He answered, "Johnny, what man has done, man can do." Therein lies the fallacy of the Nuclear Nonproliferation Treaty. Science and technology is a Pandora's Box. Once opened by one man, company, or country, what is emitted soon becomes everyone's.
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Wednesday, April 28, 2010
Greece Driven Into Financial and Economic Crisis / Politics / Global Debt Crisis
Prof. Ingo Schmidt writes: Neoliberal order reigns in the world. Stock markets are recovering from the crash in the fall of 2008. Private banks are no longer weighed down by bad loans that were added to public deficits. The latter were rising anyways because the economic crisis had sent tax revenues on a downward slide. Add further bailout money for financial companies and fiscal stimulus and you get a veritable fiscal crisis of the state.
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Tuesday, April 27, 2010
Merrill Lynch Did a Deal ‘Precisely’ Like Goldman’s, Suit Asserts / Politics / Market Manipulation
Ryan Knutson writes: As we've been reporting, other banks did deals similar to the one at the center of the SEC's lawsuit against Goldman Sachs.
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Tuesday, April 27, 2010
What Really Triggered the Financial Crisis? / Politics / Credit Crisis 2010
The Shadow Banking System Blew Up
Do you understand the root-cause of the financial crisis? Not many people do, which is why congress' attempt to regulate the system will probably fail and there will be another crisis in couple of years.
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Tuesday, April 27, 2010
Is the CIA behind Mexico's Bloody Drug War? / Politics / Mexico
On Friday, two patrol cars were ambushed by armed gunman in downtown Ciudad Juarez. In the ensuing firefight, seven policemen were killed as well as a 17-year old boy who was caught in the crossfire. All of the assailants escaped uninjured fleeing the crime-scene in three SUVs. The bold attack was executed in broad daylight in one of the busiest areas of the city. According to the Associated Press:
Tuesday, April 27, 2010
Imperial Crime and Complicity In Ancient Rome and Modern America / Politics / US Politics
Tim Case writes: "The punishment of the criminal is measured by the degree of astonishment of the judge who finds his crime incomprehensible." ~ Friedrich W. Nietzsche (1844–1900)
You would think that if the present administration with its adoring minions is going to rule by the Machiavellian code, as outlined in the The Prince, they would at least take to heart the admonition that "as princes cannot help being hated by someone, they ought, in the first place, to avoid being hated by every one, and when they cannot compass this, they ought to endeavor with the utmost diligence to avoid the hatred of the most powerful."
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Tuesday, April 27, 2010
"Crowd-Sourcing" IBM to Cut 3/4 of its Permanent Staff by 2017? / Politics / Employment
Computer Weekly and its sister publication, Personnel Today, claim IBM crowd sourcing could see employed workforce shrink by three quarters
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Tuesday, April 27, 2010
Socialism vs Corporatism / Politics / US Politics
Lately many have characterized this administration as socialist, or having strong socialist leanings. I differ with this characterization. This is not to say Mr. Obama believes in free-markets by any means. On the contrary, he has done and said much that demonstrates his fundamental misunderstanding and hostility towards the truly free market. But a closer, honest examination of his policies and actions in office reveals that, much like the previous administration, he is very much a corporatist. This in many ways can be more insidious and worse than being an outright socialist.
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Monday, April 26, 2010
Goldman Sachs Fraud Sparks The Next American Revolution / Politics / UK Politics
Allegations of fraud brought last week by the Securities and Exchange Commission is a shocking departure from the culture of collusion among the U.S. government and the nation’s top banks. That despite the position of this publication and myriad others broadly categorized as “fringe” who have consistently and vociferously objected to the two or more standards applied to organizations and individuals by a corrupt legal system.
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Monday, April 26, 2010
U.S. Bankrupt Democracy, Government Bureaucracy Backfire / Politics / US Politics
As with Rome, that became the globally unchallenged center of power and finance in its time, so to is the American Empire visibly rotting from inside now as well, which will be its undoing. The elitists steer the bureaucracy to do their bidding in an effort to increase the power of the machine, and this can go on for some time, which it has.
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Monday, April 26, 2010
The Epic Economic Battle of Our Time / Politics / US Politics
As we look at the headlines that are swirling around us…
“Potential for financial system crisis is still feared”
“Greece has continuing economic problems”
“The Federal government is considering Value-Added-Tax”
Monday, April 26, 2010
Six Wall Street Banks Control 60% of U.S. Gross National Product / Politics / US Politics
BILL MOYERS: Welcome to the JOURNAL. With all due respect, we can only wish those tea party activists who gathered this week were not so single-minded about just who's responsible for their troubles, real and imagined. They're up in arms, so to speak, against big government, especially the Obama administration.But if they thought this through, they'd be joining forces with other grassroots Americans who will soon be demonstrating in Washington and elsewhere against high finance, taking on Wall Street and the country's biggest banks. Read full article... Read full article...