Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Tuesday, December 08, 2009
Alistair Darling's UK Election Give Away Budget Crippled by Debt and Liabilities / Politics / UK General Election
The Race is on, How Far Can Labour Boost the UK Economy Before it Goes Bust?
On Wednesday Alistair Darling had hoped he could implement the next phase of Britain's debt fuelled economic recovery in advance of the May 2010 General Election. Unfortunately time is not on the Chancellors side as the exploding debt mountain far beyond the levels estimated by the Chancellor of a year ago (as illustrated below) has now crippled the Chancellors options in delivering a further big stimulus bounce into the General Election, as further reckless behaviour will likely send foreign investors rushing for the exit out of sterling assets.
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Tuesday, December 08, 2009
World Health Organisation ‘Mr Swine Flu’ Under Investigation for Gross Conflict of Interest / Politics / Global Pandemic
The man with the nickname “Dr Flu”, Professor Albert Osterhaus, of the Erasmus University in Rotterdam Holland has been named by Dutch media researchers as the person at the center of the worldwide Swine Flu H1N1 Influenza A 2009 pandemic hysteria. Not only is Osterhaus the connecting person in an international network that has been described as the Pharma Mafia, he is THE key advisor to WHO on influenza and is intimately positioned to personally profit from the billions of euros in vaccines allegedly aimed at H1N1.
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Tuesday, December 08, 2009
Is TamiFlu a Scam? / Politics / Global Pandemic
The NHS has spent more than £500 million on TamiFlu on the premise that it will prevent the transmission of flu and hospitalisation of Swine Flu patients. To help disburse millions of dosages costing £70 each, the NHS introduced a National Flu helpline during mid 2009 and an online service which has allowed millions of patients to obtain Tami-flu prescription authorisation after just a few mouse clicks.
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Tuesday, December 08, 2009
Gerald Celente Says Bernanke Has Devalued the Dollar and Destroyed the Economy / Politics / Central Banks
Gerald Celente of the Trends Research Institute is strongly opposed to the idea of Ben Bernanke seeking and getting a second term as head of the Federal Reserve. Celente strongly argues that Bernanke is creating the “bailout bubble” and destroying the U.S. economy. But he says the Fed Chief will get to keep his job because he’s an “insiders.”
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Monday, December 07, 2009
Bernanke Blamed for the Fiscal Mistakes of Congress, The Buck Stops Where? / Politics / US Politics
Last week, we witnessed Ben Bernanke's Senate confirmation hearings for a second term as Fed Chairman. The air was thick with hypocrisy, as Senators vied with each other to cast blame on the Fed Chairman for the fiscal mistakes of the Congress. As an overtly politicized figure who has looked to bolster the poll numbers of successive Administrations, Bernanke certainly should shoulder a large share of the blame for steering the United States towards the brink of bankruptcy; however, he did not act alone. Ironically, many of his co-conspirators are currently his harshest critics.
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Saturday, December 05, 2009
There is NO Consensus On Global Warming / Politics / Climate Change
A clear attempt to establish truth not by scientific methods but by perpetual repetition
According to Al Gore's new film "An Inconvenient Truth," we're in for "a planetary emergency": melting ice sheets, huge increases in sea levels, more and stronger hurricanes and invasions of tropical disease, among other cataclysms -- unless we change the way we live now.
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Saturday, December 05, 2009
Ben Bernanke, You are the Moral Hazard / Politics / Central Banks
Jim Bunning writes: Four years ago when you came before the Senate for confirmation to be Chairman of the Federal Reserve, I was the only Senator to vote against you. In fact, I was the only Senator to even raise serious concerns about you. I opposed you because I knew you would continue the legacy of Alan Greenspan, and I was right. But I did not know how right I would be and could not begin to imagine how wrong you would be in the following four years.
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Friday, December 04, 2009
Bernanke is Not the Problem But the Rogue Fed Institution / Politics / Central Banks
Yesterday a poll was released that only 21% of Americans support giving Helicopter Ben Bernanke a second term as chairman of the US Fed. This compared to 41% thinking that someone else should be given the job. I must say this is quite an improvement. I wonder if Rasmussen would have been able to say 2 years ago that 21% of Americans even knew who Bernanke was? If nothing else, the financial crisis and economic debacle of the past two years have certainly shone some much-needed but unwanted light on the Fed and its clandestine activities. As much as I disapprove of Bernanke’s policies and his handling of virtually every aspect of what has gone on, I’ll be the first to admit that Big Ben isn’t the problem. No, it isn’t him or Greenspan, or Volcker. It’s the institution itself that is the problem.
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Thursday, December 03, 2009
Everybody Wins in Health Care Reform Except You! / Politics / Healthcare Sector
"Everybody wins."
That's my theme for investing in health care in 2010.
Thursday, December 03, 2009
Distortions, Lies, and Muggings by the Fed, Bank of England / Politics / Central Banks
The first priority of Central Bankers in any crisis is to buy time by any method available. By now, it should be perfectly clear that Central Bankers are willing to unconstitutionally usurp authority in an effort to buy that time.
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Thursday, December 03, 2009
Global Warming and the Age of the Earth: A Lesson on the Nature of Scientific Knowledge / Politics / Climate Change
The world stands on the verge of committing itself to limits on the emission of carbon dioxide that would drastically reduce the use of fossil fuels. If this fateful decision is made, the economies of developed nations will be strangled. Human prosperity will be reduced. Our ability to solve pressing problems, both human and environmental, will be severely limited. We have been told that these shackles must be imposed to forestall a hypothetical global warming projected to occur some time in the distant future. But to date the only unambiguous evidence for planetary warming is a modest rise in temperature (less than one degree Celsius) that falls well within the range of natural variation.
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Wednesday, December 02, 2009
Ukraine Economic Catastrophe the Problem Not H1N1 Swine Flu / Politics / Eastern Europe
The Ukraine deaths attributed by WHO and Ukraine authorities to an uncontrolled outbreak of H1N1 Swine Flu are not the result of H1N1, a virus whose very existence has never been demonstrated by WHO. The deaths appear to be a consequence of collapsing general health conditions as well as supplies of basic grains. The IMF conditionalities imposed on Ukraine as precondition for a stabilization loan and not Swine Flu is where we should look for the cause.
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Wednesday, December 02, 2009
Obama's Afghanistan Plan and the Key Battleground / Politics / Afghanistan
U.S. President Barack Obama announced the broad structure of his Afghanistan strategy in a speech at West Point on Tuesday evening. The strategy had three core elements. First, he intends to maintain pressure on al Qaeda on the Afghan-Pakistani border and in other regions of the world. Second, he intends to blunt the Taliban offensive by sending an additional 30,000 American troops to Afghanistan, along with an unspecified number of NATO troops he hopes will join them.
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Wednesday, December 02, 2009
Why Obama’s Troop Surge in Afghanistan? / Politics / Afghanistan
Tuesday’s announcement that President Obama will send an additional 30,000 soldiers to Afghanistan — while begging his foreign allies to send an extra 10,000 — will have dramatic effects throughout the American and world society.
The hope that Obama’s election would drastically change U.S. foreign policy has been destroyed. The effects of his troop surge will change the minds of millions of Americans, who, until this point, were giving Obama the benefit of the doubt.
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Tuesday, December 01, 2009
Economics vs. Politics / Politics / Economic Theory
It may be that wary beasts of the forest come around to accepting the hunter's trap as a necessary concomitant of foraging for food. At any rate, the presumably rational human animal has become so inured to political interventions that he cannot think of the making of a living without them; in all his economic calculations his first consideration is, what is the law in the matter? Or, more likely, how can I make use of the law to improve my lot in life?
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Tuesday, December 01, 2009
Global Warming Climagate, Fixing the Climate Data around the Policy / Politics / Climate Change
More than 15,000 people will be gathering in Copenhagen for COP 15: the 15th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC).
Official delegations from 192 nations will mingle with the representatives of major multinational corporations, including Royal Dutch Shell, British Petroleum, The representatives of environmental and civil society organizations will also be in attendance. Parties & Observers
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Monday, November 30, 2009
Healthcare Freedom or Healthcare Bureaucracy? / Politics / US Politics
The U.S. Preventive Task Force caused quite a stir recently when they revised their recommendations on the frequency and age for women to get mammograms. Many have speculated on the timing for this government-funded report, with the Senate vote on health care looming, and cost estimates being watched closely. Just the hint that the government would risk women's health to cut costs is causing outrage on both sides of the aisle.
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Monday, November 30, 2009
The Simple Math of CO2 Reduction / Politics / Climate Change
Those who propose draconian measures to curb CO2 production need a math refresher course. Look at the projections. Assuming existing CO2 reduction policies are not changed, by 2030, human activity will account for about 3.3% of global CO2 production (NASA). By itself, the United States is projected to contribute 15.8% of world human emissions in 2030 (IEA/EIA). Therefore:
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Monday, November 30, 2009
Ominous Signs Are Aligned, Not A Particularly Good Sign / Politics / Conspiracy Theory
Having trouble making sense out of the Recent Headlines:
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Is Doomsday Coming? Perhaps, but Not in 2012 [1]
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Survey: Nearly half of adults don't plan to get H1N1 vaccine
Monday, November 30, 2009
Ben Bernanke Pleads to Keep His Job as Fed Chairman / Politics / Central Banks
Ben Bernanke is on yet another self-serving mission to save his job. Please consider The right reform for the Fed an op-ed by Ben Bernanke in the Washington Post.
Here is Bernanke's entire article (in italics) with my comments interspersed in plain type. Most of my comments are made straight to Ben Bernanke, but they apply in general to all central bankers.