Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Wednesday, December 12, 2012
Pay Differential Between Private Sector and Government Workers / Politics / Government Spending
By: BATR
A dreadful warning arises, when public sector employment pay and benefits outstrips the remuneration earned by the private employment workers. Even the most hardened government proponent, must succumb to the reality that private business generates real wealth that finances government through taxes. The expenditures of government on all levels are linked to the profitability of enterprises and sufficient margin that affords the ability to pay revenue levies. Thus, the proportion of wages between private enterprises and public employees has significant consequences.
Wednesday, December 12, 2012
TSA Tightening Grip on Internal U.S. Travel / Politics / US Politics
By: Jeff_Berwick
Wendy McElroy writes: The Transportation Security Administration (TSA) is tightening its grip on domestic travcel. I don't mean the random, unpredictable security checks at bus, subway and train stations which already exist. I mean a coordinated and systematic police control of internal travel within America. Groundwork is being laid.
Tuesday, December 11, 2012
Mish Mike Shedlock Exposed, the Deflation Great Pumpkin / Politics / Investing 2012
By: Peter_Schiff
In January 2009, just as the "Peter Schiff was Right" YouTube video that catalogued my previously derided predictions about a coming financial collapse was racking up views and attracting mainstream attention, a blogger and investment advisor named Mike Shedlock (aka "Mish") saw an opportunity to make an unethical grab at my current and prospective clients by breaking the nascent wave.
Shedlock put together a misleading marketing piece entitled "Peter Schiff was Wrong" which compared my recent investment performance with that of his little known firm, Sitka Pacific Investment Advisors. The piece, that circulated widely in the press and on the Internet, focused on how the foreign stocks and currencies I favored had fallen sharply in 2008 while the Sitka Pacific strategy prevented huge losses during the crash. By ignoring long-term data in favor of highly selective short-term performance, the piece tempted people to bail on positions that were poised to make sharp upward moves and lured them into a strategy that has been a long-term disaster for investors.
Read full article... Read full article...
Tuesday, December 11, 2012
The Truth About The Federal Reserve's Socialist Agenda / Politics / Central Banks
By: Money_Morning
Shah Gilani writes:
The top line story, according to the FDIC's latest Quarterly Banking Review, is that the majority of U.S. banks are in better shape today than they have been in years.
The untold story is that when the Federal Reserve is done transitioning the United States from capitalism to socialism, the few dozen banks that remain in America will all be profitable until they need bailing out again, but will never die and live on in infamy.
Read full article... Read full article...
Tuesday, December 11, 2012
U.S. Fiscal Cliff Budget Farce Suggests Term Limits Needed / Politics / US Politics
By: John_Browne
Put simply, the fiscal cliff debate is an illustration of staggering political cowardice. Politicians of both parties are unwilling to ask voters to pay for all of the big government promises that they made on the campaign trail. They would rather risk the country's long term future than risk losing the next election. As a former elected legislator, I can assure them that their offices are not worth the price they are asking us, the voters, to pay.
Read full article... Read full article...
Monday, December 10, 2012
Why the Fiscal Cliff Will Happen… For About a Week / Politics / Financial Markets 2013
By: Investment_U
Alexander Green , writes: A few weeks ago, The Oxford Club held its special Post-Election Conference at the luxurious Willard Intercontinental Hotel in Washington, D.C.
We were there to talk about the election results and how they are likely to impact your stock portfolio in the months ahead. Here is a brief re-cap of my analysis.
Read full article... Read full article...
Monday, December 10, 2012
Mayan Prophecy, Fiscal Cliff, End of the World – What, Me Worry / Politics / Social Issues
By: DeviantInvestor
(December 21, 2012)
The world will not end on December 21, 2012 or anytime soon. I think the Mayan calendar indicates the end of a very long-term cycle that has a gradual impact upon the world, just as other long-term cycles make significant but gradual changes. Increases and decreases in solar output (a long-term cycle) may create ice ages or droughts that slowly and gradually change the world.
Read full article... Read full article...
Monday, December 10, 2012
Obama's Climate Transition / Politics / Climate Change
By: Andrew_McKillop
TRANSITION CAN BE EASY
Returning from the lackluster climate conference in Doha, Qatar, the USA's main envoy Todd Stern said in interview with news agencies: “The president is completely committed to climate action,” but “It’s too early to say what the specifics of policy are going to be. We are still in the transition period.”
Monday, December 10, 2012
Ron Paul - Expanding Covert Warfare Makes Us Less Safe / Politics / US Politics
By: Dr_Ron_Paul
Earlier this month we learned that the Obama Administration is significantly expanding the number of covert Defense Intelligence Agency (DIA) agents overseas. From just a few hundred DIA agents overseas today, the administration intends to eventually deploy some 1,600 covert agents. The nature of their work will also shift, away from intelligence collection and more toward covert actions. This move signals a major change in how the administration intends to conduct military and paramilitary operations overseas. Unfortunately it is not a shift toward peace, but rather to an even more deadly and disturbing phase in the "war on terror."
Read full article... Read full article...
Monday, December 10, 2012
Real U.S. Unemployment Rate is 22.9% / Politics / Economic Statistics
By: Paul_Craig_Roberts
Statistician John Williams (shadowstats.com) calls the government’s latest jobs and unemployment reports “nonsense numbers.”
There are a number of ongoing problems with the released numbers. For example, the concurrent-seasonal factor adjustments are unstable. The birth-death model adds non-existent jobs each month that are then taken out in the annual downward benchmark revisions. Williams calculates that the job overstatement through November averages 45,000 monthly. In other words, employment gains during 2012 have been overstated by about 500,000 jobs. Another problem is that each month’s jobs number is boosted by downside revision of the previous month’s jobs number. Williams reports that the 146,000 new jobs reported for November “was after a significant downside revision to October’s reporting. Net of prior-period revisions, November’s seasonally-adjusted monthly gain was 97,000.”
Read full article... Read full article...
Sunday, December 09, 2012
Fiscal Cliff, Why The Rich Will Not Abandon Dividend Stocks / Politics / US Politics
By: Richard_Shaw
WHO ARE THE RICH? First an apology for using the term “rich”. Because this is about pending tax policy, we are using the Washington D.C. working definition of rich. You know — the movement that began with soak Warren Buffet and Bill Gates, because billionaires don’t pay enough and actually want to pay more — the soak the billionaires movement that quietly became the soak the millionaires movement, that morphed into soak the rich, who we find are those couples who make $250,000 per year or more (and singles who make $200,000 per year or more).
Sunday, December 09, 2012
How U.S. Economic Warfare Provoked Japan's Attack on Pearl Harbor / Politics / GeoPolitics
By: MISES
Robert Higgs writes: Many people are misled by formalities. They assume, for example, that the United States went to war against Germany and Japan only after its declarations of war against these nations in December 1941. In truth, the United States had been at war for a long time before making these declarations. Its war making took a variety of forms. For example, the U.S. navy conducted "shoot [Germans] on sight" convoys - convoys that might include British ships — in the North Atlantic along the greater part the shipping route from the United States to Great Britain, even though German U-boats had orders to refrain (and did refrain) from initiating attacks on U.S. shipping. The United States and Great Britain entered into arrangements to pool intelligence, combine weapons development, test military equipment jointly, and undertake other forms of war-related cooperation.
Sunday, December 09, 2012
Public Bank Option for Scotland Independance, Ensuring Economic Sovereignty / Politics / Central Banks
By: Ellen_Brown
The Royal Bank of Scotland (RBS) and the Bank of Scotland have been pillars of Scotland’s economy and culture for over three centuries. So when the RBS was nationalized by the London-based UK government following the 2008 banking crisis, and the Bank of Scotland was acquired by the London-based Lloyds Bank, it came as a shock to the Scots. They no longer owned their oldest and most venerable banks.
Sunday, December 09, 2012
Doha Climate Talks: End Of An Expensive Sideshow / Politics / Climate Change
By: Andrew_McKillop
SETTING THE TONE
Playing the impatient master of ceremonies tired with the behaviour of delegates late in the night of 7 December, the Doha climate conference's director, Qatar's vice-PM and member of the al-Attiya "family firm" which runs the mini-emirate with maxi-gas resources, Abdullah al-Attiya, thumped his fists on the table. He then ran a video clip to the music track of the World War II Italian left-wing and communist resistance song "Bella Ciao". Some musicologists say this song is in fact only the Yiddish swing music number "Koilen", first written and played in 1919 by Mishka Ziganoff.
Sunday, December 09, 2012
America’s National Security Vulnerabilities / Politics / US Politics
By: Submissions
Raymond Matison writes: Article I, Section 7 of our Constitution states that “Congress shall … provide for the general Defence …”. At its root, our national security requires for Armed Forces to keep the United States from being invaded by foreign military forces that would harm America and its citizens. According to Wikipedia, the “objective of National Security Strategy is to create a stable situation in the world”. Admittedly, this is a very broad concept in relation to just providing for general defense. Therefore, the very term national security has a meaning that changes with the preferences of the president and other elected and appointed officials then in office. It follows also from this definition that America’s involvement in the affairs of other sovereign countries in the world is dependent on the perceived level of stability sought by the then leaders in charge. Finally, this definition implies that for the purposes of our National Security Strategy, we will take unilateral actions that may be contrary to the interests and desires of other sovereign nations.
Sunday, December 09, 2012
46 Trillion Reasons To Evolve Society Right Now / Politics / Social Issues
By: David_DeGraw
Due to technological advancements,over the past 35 years there has been an explosion in production, distribution, profits and wealth creation. Most of that wealth increase has gone to only one-hundredth of one percent of the population, to the modern day aristocracy. In the United States, the 400 richest people now have as much wealth as 185 million people combined, nearly 60% of the entire population. US millionaire households have at least $46 trillion in wealth, yet only one-tenth of one percent of the population makes one million dollars a year.
Sunday, December 09, 2012
The New Serfdom, Lord Obama Owns You / Politics / US Politics
By: LewRockwell
Anne Wortham writes: In President Obama's much-discussed speech in Roanoke, Virginia, among his remarks on the source of success was his assertion that
If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business – you didn't build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.[1]
Read full article... Read full article...
Sunday, December 09, 2012
The Federal Reserve Is Socialism's Insidious Tool / Politics / Central Banks
By: Money_Morning
Shah Gilani writes:
If you think for one second that the Federal Reserve System is a Godsend that backstops America's banks and our economy in times of trouble, you'd be right for that one second.
But if you take any time to learn how the Fed really works and in whose interest they operate, you'd make yourself sick for a long, long time.
Read full article... Read full article...
Saturday, December 08, 2012
2012 Doomsday Psychology, Millions of Chinese, Russians and Americans Believe the End of the World Is Nigh / Politics / Social Issues
By: DK_Matai
Panic buying of candles and essentials has accelerated not only in China and Russia, but there has been a simultaneous explosion in the sale of survival equipment, food, fuel and emergency shelters in America in preparation for the Mayan calendar's long count deadline: December 21st, 2012. The precise mechanism for the Armageddon to manifest remains vague, ranging from:
Saturday, December 08, 2012
U.S. Looming Pensions Crisis: State Budgets Soon to Be Under Siege / Politics / Pensions & Retirement
By: John_Mauldin
In 2003, I was writing about the unfunded liabilities of state and local pensions. It was part of Bull’s Eye Investing, which came out in 2004. I caught some flak for being so pessimistic about the potential problems. Quoting:
Unless steps are taken soon, it is possible we can see shortfalls approaching $1 trillion–$2 trillion in state-sponsored pension funds within 10 years. A deficit of this size on the state level can truly be called a crisis. A tax increase or other adjustments to fund this will be a large drag on the economy.
Read full article... Read full article...