Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Friday, November 20, 2009
Obama Warns of Double Dip Economic Recession / Politics / Recession 2008 - 2010
When I was a kid, a “double dip” was an ice cream cone with two scoops. Yummy,
Today, the same expression is being used to warn us that the recession we are still struggling with could, and is supposedly posed for recovery could fall even deeper into another dip. That d word seems to be a substitute for another—a depression.
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Friday, November 20, 2009
The Great U.S. China Romance / Politics / Global Economy
The newspapers are a-buzz with stories of Obama’s trip to China. The Financial Times tells us what “he should have said.” According to the FT, the American president should have told the Chinese that he wasn’t going to put the US into depression just to protect the value of China’s dollar holdings.
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Friday, November 20, 2009
Obama’s Flawed Prescription for Health Care / Politics / US Politics
The House of Representatives has already passed its health-care bill and now the Senate is preparing to vote on its own. Should it pass, the largest new entitlement program since the New Deal will be a reconciliation process and a President’s signature away from being enacted. This is Congress and President Obama’s proposed cure for the ills of our health-care system. But are we sure they have properly diagnosed the disease?
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Thursday, November 19, 2009
Cap-And-Trade "Three-Card Monte" Dead For 2009 / Politics / US Politics
Typically, one of the best thing Congress ever does is nothing. And so it is again with the Cap-And-Trade energy bill. Thankfully, Senate Climate Bill Delay Raises Doubt on Chance for U.S. Law.
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Thursday, November 19, 2009
Show Me the Money / Politics / Social Issues
We have been conditioned from birth to believe that everything wrong in our society is about Greed: The inordinate desire to acquire or possess more than one needs or deserves, especially with respect to material wealth.
However, my research concludes the earth’s environmental damage and pollution was not the result of greed and the unintended consequences of our capitalistic consumer society, but was the goal.
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Tuesday, November 17, 2009
Global Warfare, U.S. Military Operations in All Major Regions of the World / Politics / US Politics
"Not only does one country account for the overwhelming plurality of world military expenditures, but that nation also has troops and bases on all six habitable continents (as well as a 54-year military mission in Antarctica, Operation Deep Freeze) and eleven aircraft carrier strike groups and six navy fleets that roam the world's oceans and seas at will. It is also expanding a global interceptor missile system on land, on sea, in the air and into space that will leave it invulnerable to retaliation."
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Tuesday, November 17, 2009
The Problem with Our Health-Care Debate / Politics / US Politics
Everyone seems to have a different take on how to solve America’s health-care problem. But notice that every solution offered involves some elaborate new system of government controls. Different proposals include a “public option,” mandatory insurance for individuals, government-supported health-care exchanges, government-sponsored “efficacy research,” government-supported co-ops, and as many other ways of dictating consumer and producer behavior as can fit in a 1,000-page bill.
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Tuesday, November 17, 2009
China Criticises Obama For Wild Central Planning, Inflation, and Low Investment / Politics / US Politics
It's incredible how the U.S. has wound up over the decades adopting not only Oligarchic Party Communism, but even the Planning language and practices of the Communist Regimes.
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Monday, November 16, 2009
Free Market Competition Against the Government / Politics / US Politics
Last Saturday many concerned Americans watched in horror as the House passed the healthcare reform bill. If this bill makes it through the Senate, it would massively overhaul the way healthcare is delivered in this country. Today, obviously, we don't have a perfect system, but this legislation takes all the mistakes we are making with healthcare and makes them worse. Most of what is wrong with healthcare stems from decades of government intervention and the resulting unintended consequences.
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Monday, November 16, 2009
Would the U.S. Start a War to Stimulate the Economy? / Politics / US Politics
I've written two essays attempting to disprove "military Keynesianism" - the idea that military spending is the best stimulus. See this and this.
In response, a reader challenged me to prove that anyone would advocate military spending or war as a fiscal stimulus.
Monday, November 16, 2009
United States Falls Down the Rabbit Hole / Politics / US Politics
Don Cooper weites: Will everyone please rise for the playing of the national anthem of the Unites States of America:
One pill makes you larger and one pill makes you small, and the ones that mother gives you don’t do anything at all. Go ask Alice, when she’s 10 feet tall…
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Sunday, November 15, 2009
Barack Hoover Obama, The Audacity of Failure / Politics / US Politics
Barack Obama is on his way to becoming a one-term president. According to Politico: "President Barack Obama plans to announce in next year’s State of the Union address that he wants to focus extensively on cutting the federal deficit in 2010 – and will downplay other new domestic spending beyond jobs programs, according to top aides involved in the planning.
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Sunday, November 15, 2009
How the Financial Sector Servant Became a Predator / Politics / Credit Crisis 2008
William K. Black writes: Financial Systems Five Fatal Flaws
What exactly is the function of the financial sector in our society? Simply this: Its sole function is supplying capital efficiently to aid the real economy. The financial sector is a tool to help those that make real tools, not an end in itself. But five fatal flaws in the financial sector's current structure have created a monster that drains the real economy, promotes fraud and corruption, threatens democracy, and causes recurrent, intensifying crises.
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Saturday, November 14, 2009
Morality vs. Material Interests, Myths of Our Time / Politics / US Politics
It is conventional wisdom that it was the draft that ended the Vietnam war. According to this explanation, cowardly college students subject to the draft and their unpatriotic families, forced an end to the war. This is Karl Marx’s explanation. Material interests, not empty morality, are said to have brought the war to an end.
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Saturday, November 14, 2009
Murdoch Attempting to Buy the UK General Election for the Conservative Party / Politics / UK General Election
The Murdoch News International press is openly engaged in a campaign to bring about a Conservative Government in lieu of Tory promises for News International favourable government policies.
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Friday, November 13, 2009
Bankrupt States Seeking to Boost Their Revenues By Any Means / Politics / US Debt
Slow Down… or Else
On a whim following our Denver Summit – and despite truly abysmal weather – Casey Research CEO Olivier Garret and I cabbed it down to a local public golf course for a quick nine holes. Afterwards we were returning to the hotel through a neighborhood best described as poor, but not disreputable. While our cab made its way down a side street, a radar gun-wielding policeman leaped out of the bushes down the block, pulled the trigger, and waved our immigrant cab driver to the curb. The offense, we soon learned, was going five miles an hour over the speed limit in a school zone… well after school was out and with no other children in sight.
Friday, November 13, 2009
Will the U.S. Lag on Alternative Energy Again? / Politics / Energy Resources
After being the world leader in nuclear power for many years, the U.S. dropped out and has been huddled in fear since the Three-Mile Island nuclear power plant incident in 1979.
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Friday, November 13, 2009
Neil Barofsky's TARP Report on Bailout Losses Comment / Politics / Credit Crisis 2009
My comments on the upcoming TARP report will echo my February 4, 2009 comments. TARP’s inspector general Neil Barofsky already anticipates losses. Unfortunately, the losses are right on schedule.
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Friday, November 13, 2009
Ukraine WHO and the Geopolitics of Swine Flu Panic / Politics / Global Pandemic
Latest reports of what is being called a deadly Swine Flu outbreak in Ukraine according to on sight reports appear to be a political concoction by a threatened government to avoid election defeat and possibly declare martial law. The details indicate how convenient the current WHO “Swine Flu” H1N1 “pandemic” scare is for regimes in trouble.
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Thursday, November 12, 2009
How the Fed Helped Fund World War I / Politics / Fiat Currency
Governments can pay their bills in three ways: taxes, debt, and inflation. The public usually recognizes the first two, for they are difficult to hide. But the third tends to go unnoticed by the public because it involves a slow and subtle reduction in the value of money, a policy usually unarticulated and complex in design.
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