Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Thursday, June 11, 2009
Cuba Has Friends in High Places / Politics / GeoPolitics
By: STRATFOR
On June 4, 2009, Walter Kendall Myers and his wife, Gwendolyn Steingraber Myers, were arrested by the FBI and charged with spying for the government of Cuba. According to court documents filed in the case, the Myers allegedly were recruited by the Cuban intelligence service in 1979 and worked for them as agents until 2007. On June 10, 2009, a U.S. Magistrate Judge ruled that the couple posed a flight risk and ordered them held without bond.
Thursday, June 11, 2009
The Financial Crash: The True Story / Politics / Credit Crisis 2009
By: Global_Research
Bob Chapman writes: On Friday, we had the latest edition of the FDIC “Friday Night Financial Follies” as regulators on Friday shut down Bank of Lincolnwood, a small bank in Illinois, marking the 37th failure this year of a federally insured bank. More are expected to succumb amid the pressures of the weak economy and mounting loan defaults.
Wednesday, June 10, 2009
Fear Has Made Every American a Suspect / Politics / US Politics
By: Paul_Craig_Roberts
The power of irrational fear in the US is extraordinary. It ranks up there with the Israel Lobby, the military/security complex, and the financial gangsters. Indeed, fear might be the most powerful force in America.
Wednesday, June 10, 2009
European Union Being Held Together With Duct Tape / Politics / Euro-Zone
By: Justice_Litle
Among its many other sins, the greenback is a press hog. The world’s reserve currency, loved and loathed as it is, simply gets most of the ink these days.
In that light many a U.S.-based commentator, not least your cynical Taipan Daily scribes, have repeatedly waxed eloquent on the long-run death of the dollar.
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Wednesday, June 10, 2009
Obama's Pay Czar to Set Pay of Bailed out Corporations / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
Will the Obama administration's meddling in the affairs of business ever end? That's what I am asking as I read Treasury to name pay czar on Wednesday.
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Wednesday, June 10, 2009
America's Money Machine, the Federal Reserve Bank / Politics / Central Banks
By: LewRockwell
Elgin Groseclose, an eminent monetary economist in the 20th century, rips the roof off the Federal Reserve in this wonderful history that takes us from the Fed's founding to the 1960s. He shows that the gap between the promise and the reality is shockingly massive, so much so that the Federal Reserve must be considered one of the greatest failures in the history of public policy.
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Tuesday, June 09, 2009
The Money System Triggered the Bankruptcy of General Motors / Politics / US Auto's
By: Global_Research
Arian Nevin writes: Thomas Friedman believes G.M. is a “giant wealth-destruction machine.” He’s dead wrong. General Motors was, is and will be a giant wealth-production machine. Industry produces wealth, and G.M. is the victim of an unsound money system.
Tuesday, June 09, 2009
Conservative Economics Based Upon Greed / Politics / Economic Theory
By: Pravda
Cage Innoye writes: In life we have the problem of self management. If we don’t manage ourselves, then disaster occurs. Self control is a key trait of this behavior, taking calculated risks is another, a strategy of balance is another. Most people accept this.
Tuesday, June 09, 2009
Geithner To Allow Banks To Repay Tarp Although TARP Panel Says Stress Test Was Flawed / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
In another case straight out of the Twilight Zone, Geithner will allow banks to repay TARP funds although a TARP panel advises running the tests again because the tests were so flawed.
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Tuesday, June 09, 2009
Brain Dead Union Puts its Members Out of Work / Politics / Recession 2008 - 2010
By: Mike_Shedlock
On Monday, the Boston Globe union voted down a contract proposal that would have cut pay and benefits by 10%. Now the union faces cuts of 23%, and possibly the end of the newspaper altogether.
Monday, June 08, 2009
Wall Street Goes on the Political Offensive / Politics / Credit Crisis Bailouts
By: Global_Research
Barry Grey writes: Bolstered by the policies of the Obama administration, Wall Street is waging a political offensive to shed the minimal limits on executive pay that were tied to government bailout funds and to further weaken regulations on the banks’ speculative practices.
Monday, June 08, 2009
Obama Becomes America's Gorbachev / Politics / US Politics
By: Pravda
History may repeat itself two or three times or even reach the point, which Francis Fukuyama described as the end of history. The US historian of Japanese origin introduced the notion during the time when there were two dominating superpowers in the world – the United States and the Soviet Union.
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Monday, June 08, 2009
Mexico: A Country in Crisis / Politics / Mexico
By: Global_Research
Mexico is grieving after more than 38 toddlers perished in a fire at a pre school day care centre in Hermosillo on Friday (05/06/09). But perhaps even worse for some fanatical football fans the national team lost 2 to 1 in a World Cup qualifying match to El -Salvador over the weekend. It seems only appropriate that as I write this piece, the national university’s philharmonic is performing that mournful choral work by Anton Dvorak his “Sabat Mater”. This might be a musical remedy to sooth the wounded pride of a nation, already battered by a constant barrage of bad news lately. Most recently by the devastation and fall out from the H1N1 epidemic and as well an economic collapse and now more unfathomable losses befall the nation.
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Monday, June 08, 2009
Wall Street Ends Hope for Homeowners Via Congress / Politics / US Politics
By: Global_Research
Shamus Cooke writes: As if the bank bailouts weren’t proof enough that Wall Street owned Congress. History will likely show that these bailouts involved the largest transfer of wealth ever — from the working class to that small group of billionaires who own the corporations.
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Monday, June 08, 2009
Gordon Brown Makes Way for Nick Griffin Britain's BNP Fuhrer / Politics / UK Politics
By: John_York
Nick Griffin the Fuhrer of the extreme far right BNP, British National Party that is also referred by many as the British Nazi Party capitalised on Labours vote meltdown and the Westminister MP's expenses scandal that has hit all mainstream parties by the BNP winning 2 MEP seats in the Labour heartlands of North West England and Yorkshire and Humberside.
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Sunday, June 07, 2009
Economic Collapse, Time to Run? / Politics / Great Depression II
By: LewRockwell
Is it time to run?
That's what I've been asking myself for three years now.
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Sunday, June 07, 2009
U.S. Interest in Caspian Sea Oil to Bring More Trouble for Russia / Politics / Crude Oil
By: Pravda
Oil and natural gas of the Caspian states seems to be of strategic significance for the West, Richard Morningstar, the US special envoy for Eurasian energy issues said. Why does the US administration show so much interest in the Caspian Sea region? Does it mean that US army bases will soon be deployed there?
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Saturday, June 06, 2009
Grim Picture of Obama's Middle East / Politics / Middle East
By: Submissions
Noam Chomsky writes: A CNN headline, reporting Obama's plans for his June 4 Cairo address, reads 'Obama looks to reach the soul of the Muslim world.' Perhaps that captures his intent, but more significant is the content hidden in the rhetorical stance, or more accurately, omitted.
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Friday, June 05, 2009
Balance of Global Financial Power Shifting to China / Politics / Global Financial System
By: Money_and_Markets
Mike Larson writes: So this is what it’s come to: Our Treasury Secretary, Timothy Geithner, has to jet off to Beijing to beg for mercy from our biggest global creditor.
He has to sit by and be lectured in the ways of finance by Chinese officials.
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Friday, June 05, 2009
Securitization The Biggest Rip-off Ever, Financial Deregulation has Opened Up A Pandora's Box / Politics / Credit Crisis 2009
By: Mike_Whitney
Is it possible to make hundreds of billions of dollars in profits on securities that are backed by nothing more than cyber-entries into a loan book? It's not only possible; it's been done. And now the scoundrels who cashed in on the swindle have lined up outside the Federal Reserve building to trade their garbage paper for billions of dollars of taxpayer-funded loans.