Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Sunday, November 24, 2013
The Money Changers Serenade: Bankers New Plot to Steal Your Deposits / Politics / Banksters
By: Paul_Craig_Roberts
Former Treasury Secretary Timothy Geithner, a protege of Treasury Secretaries Rubin and Summers, has received his reward for continuing the Rubin-Summers-Paulson policy of supporting the “banks too big to fail” at the expense of the economy and American people. For his service to the handful of gigantic banks, whose existence attests to the fact that the Anti-Trust Act is a dead-letter law, Geithner has been appointed president and managing director of the private equity firm, Warburg Pincus and is on his way to his fortune.
Sunday, November 24, 2013
The 1961 JFK Speech that Kicked the American Dream into High Gear / Politics / US Politics
By: Submissions
Katherine Smith writes: Our American dream of shopping for useless toxic stuff, an environmental nightmare, went into high gear after JFK was killed in 1963.
Would the planet be at serious risk, according to a massive United Nations Environmental Report, due to “the dangers of climate change, water scarcity, dwindling fish stocks and the pressures on the land and the extinction of species,” had John F. Kennedy not been assassinated on Friday, November 22, 1963.
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Saturday, November 23, 2013
Drone Wars, Nuclear Weapons and the End Time Prophecy Triggering Armageddon - Video / Politics / Nuclear Weapons
By: Nadeem_Walayat
The middle east is soaked in blood, religious End Time prophecies and is fast gathering the means to bring about Armageddon as several more states are on the verge of acquiring nuclear weapons capabilities.
The Drone war over Pakistan is encouraging stronger alliances with fellow Sunni states such as Saudi Arabia that is reported to have several Pakistani nuclear weapons on order and ready to be dispatched on request to counter both Israeli and Iranian threats, that itself despite much propaganda is engaged in a nuclear weapons programme to rival that of both Pakistan and Israel (120 nuclear weapons each). The region appears to be counting down towards Armageddon when the region and its prophecies will be vaporised for eternity.
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Friday, November 22, 2013
The Federal Reserve's Expanding Omniscience / Politics / US Federal Reserve Bank
By: Fred_Sheehan
Following is an expanded version of a speech delivered for With Integrity Financial: "Securities and Advisory Services offered through Commonwealth Financial Network, a Member FINRA/SIPC, a Registered Investment Adviser."
The Federal Reserve System is approaching its one hundredth anniversary, a period often dubbed the American Century. The Fed played its part in making it so, which has been characterized by expansion and inflation. The inflation has not been solely in money. We might consider if monetary inflation followed the inflated tendencies of Americans.
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Friday, November 22, 2013
Rob Ford, Mayor of Toronto. Has anyone in the media looked at his policies? / Politics / Canada
By: Jonathan_Davis
Something has niggled me about the Rob Ford story, without coming to my consciousness until now.
I saw a media bod tweeting about him pejoratively. HAHA How funny. What a laughing stock Ford is etc
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Friday, November 22, 2013
Larry Summers - History Will Overwhelmingly Approve QE / Politics / Quantitative Easing
By: Bloomberg
Former Treasury Secretary Larry Summers told Bloomberg Television's Stephanie Ruhle at the Robin Hood Investors Conference today that the Federal Reserve's quantitative easing program was the right call for the economy. Summers said, "On the question of whether the Fed stepping up and providing liquidity when no one else would was the right thing to do, I think historians are going to judge that about 98 to 2."
Summers also said that the economy lately hasn't shown an ability to grow without bubbles, saying, "It has been a long time since we have had rapid, healthy growth in the country...That is not an argument for bubbles. That is an argument for changing the framework."
Thursday, November 21, 2013
The Tragic Truth Behind JPMorgan’s $13 Billion “Fine” / Politics / Banksters
By: Money_Morning
Kdowdle writes: Let’s address two tragedies today.
The first is how Jamie Dimon & Co. and all the guilty big banks get away with murder.
The second is something I want to share with you because 50 years ago tomorrow, President John Fitzgerald Kennedy was assassinated. It isn’t a conspiracy theory about who did it, but a likely theory about what happened and the conspiracy to cover that up.
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Thursday, November 21, 2013
Did An Obscure IMF Document Start Global Bail-In Revolution? / Politics / Credit Crisis 2013
By: Dan_Amerman
When revolutions start, it's not uncommon for almost nobody to notice. It may take years or even decades before historians can look back, point a finger and say "that's where it really began."
An obscure International Monetary Fund "Staff Discussion Note" may have already started a "Bail-In" financial revolution that could transform the global investment world.
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Thursday, November 21, 2013
No Alternative World And The Post-Crash Revolt / Politics / Social Issues
By: Andrew_McKillop
JP MORGAN AND THE STATISTS
The “monster fine” to be paid by JP Morgan for what Eric Holder, the US Attorney General said himself, in an interview with NBC News, was the bank's direct role in the biggest world financial crisis since the Great Depression had little or no impact on investor sentiment. News of the fine produced a small uptick in JP Morgan shares as investors shrugged off the news of the bank's headline $13 billion settlement with the raft of lawsuits by the Federal Justice Department, State justice departments, and other federal agencies. Barry Grey http://www.marketoracle.co.uk/Article43212.html cited a report from Reuters explaining the penalty is tax deductible. The news agency quoted Gregg Polsky, a law professor at the University of North Carolina, as saying what the bank will actually pay as fines would effectively be reduced by $4 billion.
Thursday, November 21, 2013
Grand Theft Pentagon, Massive Waste and Fraud / Politics / US Military
By: Stephen_Lendman
Longstanding Pentagon operations reflect a black hole of unaccountability. Reuters published a two-part report. In July, it discussed the Defense Department’s “payroll quagmire.”
It’s bureaucracy is stifling. It’s “unyielding,” said Reuters. Active duty and retired military personnel are routinely cheated. Pay errors are widespread.
Thursday, November 21, 2013
A Limited Central Bank For Improving Monetary Policy Effectiveness / Politics / US Federal Reserve Bank
By: John_Mauldin
This week’s Outside the Box is unusual, even for a letter that is noted for its unusual offerings. It is a speech from last week by Charles I. Plosser, President of the Federal Reserve Bank of Philadelphia at (surprisingly to me) the Cato Institute’s 31st Annual Monetary Conference, Washington, DC.
I suppose that if Dallas Fed President Richard Fisher had delivered this speech I would not be terribly surprised. I suspect there are some other Federal Reserve officials here and there whoare in sympathy with this view Plosser presents here, but for quite some time no serious Fed official has outlined the need for a limited Federal Reserve in the way Plosser does today. He essentially proposes four limits on the US Federal Reserve:
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Wednesday, November 20, 2013
US Government Lets JPMorgan Off the Hook for Mortgage Fraud / Politics / Banksters
By: Barry_Grey
On Tuesday, the US Justice Department announced a long-awaited official settlement with JPMorgan Chase & Co., the largest US bank, on an array of charges by state and federal agencies related to the bank’s sale of toxic mortgage-backed securities, which contributed to the 2008 financial crash.
Wednesday, November 20, 2013
Middle Class and To QE or not to QE? / Politics / Quantitative Easing
By: Jonathan_Davis
Of course, anyone who knows me will already know the answer to that. I often include this in tweets: #BanQE
It is proven beyond doubt (except for the liars – the politicians, the bankers, the central bankers, the media, the multi nationals – who pretend it has worked) that it has enriched the rich and the financial elite and it has impoverished the bulk of folk.
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Wednesday, November 20, 2013
New American Retirement Nightmare, No More Money to Retire / Politics / Pensions & Retirement
By: Mike_Shedlock
Except for public union workers with pensions that ultimately will not be met, retirement age for most keeps inching up.
People need to work longer or go back to work after a few years of retirement because they have insufficient savings. This creates competition between those over 60 and those under 20 for low-paying jobs.
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Tuesday, November 19, 2013
Janet Yellen “Pink Dream” and a Coming Economic Nightmare / Politics / US Federal Reserve Bank
By: Joseph_T_Salerno
On Monday, former Fed official Andrew Huszar publicly apologized to the American public for his seminal role in executing the Quantitative Easing (QE) program, a program he characterizes as “the greatest backdoor Wall Street bailout of all time,” and “the largest financial-markets intervention by any government in world history.” While this is a momentous admission from an insider (Mr. Huszar is also a former Wall Street banker), perhaps Mr. Huszar’s most revealing statement concerned the results of QE’s “relentlessly pumping money into the financial markets during the past five years.” He referred to the spectacular rally in financial markets and expressed agreement with the growing belief among expert observers that market conditions had become “bubble-like.”
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Tuesday, November 19, 2013
America's New Police State Iron Curtain, Shutting Citzens In and Out / Politics / US Politics
By: Jeff_Berwick
Wendy McElroy writes: An iron curtain is slowly descending around the borders of America. When it falls, some people will be shut in; others will be shut out. It will be up to bureaucrats and agents with guns to decide which one of those people you are.
Changes in border policy are in the wind. On June 27th, 2013, the 1,300-page Border Security, Economic Opportunity, and Immigration Modernization Act passed the Senate and proceeded to the House of Representatives. Debate on the Act has focused on the path of citizenship being extended to the estimated 11 million illegal immigrants in America. This is controversial because Republicans fear that the new Americans, and especially Hispanics, will vote Democrat in upcoming elections. Happily, the bill has stalled in the House.
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Tuesday, November 19, 2013
U.S. Debt Russian Roulette? / Politics / US Debt
By: Andy_Sutton
One of the biggest shames in the world is when someone else has to take care of your business when you are perfectly capable of doing so yourself. It used to be the ultimate form of embarrassment. However, we in the United States have turned shame into an art form over the past hundred years or so, squandering everything from our riches and blessing to the sacred honor Thomas Jefferson wrote about all those years ago in a document that is barely covered in most school curriculums today.
Tuesday, November 19, 2013
Darwinism Is Nonsensical as well as very Politically Correct / Politics / Evolution
By: LewRockwell
Fred Reed writes: The intent of this essay is not to debate with the ardent of evolutionism, which is the Political Correctness of science. To do so would be pointless. The greatest intellectual divide is not between those who believe one thing and those who believe another, but between those who have an emotional need to believe something fervently and those who can say, “I don´t know.” The former group comprises those tedious Darwinists and Creationists who robotically hurl imprecations at each other like fans of rival football teams. Each blockheadedly refuses to concede the slightest possibility that its doctrine might be other than infallible. To my mind they constitute the best evidence that we did not descend from monkeys, but have not yet ascended to them. Stupidity beyond a certain point is intractable.
Monday, November 18, 2013
America’s Chemical Weapons Hypocrisy, Conspiracy and a Forgotten History / Politics / US Politics
By: Global_Research
Felicity Arbuthnot writes: “The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists.” (J.Edgar Hoover,1895-1972.)
Since the fairy tale about weapons of mass destruction that can be launched against Western targets “within forty five minutes” is well past it’s sell by date, the trans-Atlantic hasbara industry has dreamed up a new Grim Reaper for Syria, their latest quarry: chemical weapons.
Monday, November 18, 2013
Ron Paul - Federal Reserve Bank Steals From The Poor and Gives to The Rich / Politics / US Federal Reserve Bank
By: Dr_Ron_Paul
Last Thursday the Senate Banking Committee held hearings on Janet Yellen's nomination as Federal Reserve Board Chairman. As expected, Ms. Yellen indicated that she would continue the Fed's "quantitative easing" (QE) polices, despite QE's failure to improve the economy. Coincidentally, two days before the Yellen hearings, Andrew Huszar, an ex-Fed official, publicly apologized to the American people for his role in QE. Mr. Huszar called QE "the greatest backdoor Wall Street bailout of all time."
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