Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Sunday, May 24, 2009
The US Today: What Happens When You Let Investment Bankers Run a Country / Politics / Credit Crisis 2009
By: Graham_Summers
If you’re like me, you’ve probably looked at the US recently and wondered what has happened to your country. I’m not talking about the GOP/ Obama situation nor am I referring to capitalism vs. socialism…
Saturday, May 23, 2009
The Credit Default Swaps Cancer Inflicting the Financial System / Politics / Credit Crisis 2009
By: Mike_Whitney
In a little more than a decade, Credit Default Swaps (CDS) have ballooned into a multi-billion dollar industry which has changed the fundamental character of the financial system and increased systemic risk by many orders of magnitude. CDS, which were originally created to reduce potential losses from defaulting bonds, has turned into a cash cow for the big banks, generating mega-profits on, what amounts to, nothing more than legalized gambling. In the case of insurance giant AIG, losses from CDS transactions has already cost the American people $150 billion, and yet their still has been no serious effort in Congress to ban them once and for all. Even worse, CDS is the root-cause of systemic risk which connects hundreds of financial institutions together in a lethal daisy-chain that threatens to crash the entire system if one of the main players goes under.
Saturday, May 23, 2009
U.S. Fed Forever Blowing Bubbles / Politics / Central Banks
By: LewRockwell
Bill Bonner writes: Yesterday…we ventured into “Bubble World.”
“What’s going on? When will this be over? How bad do you think it will get? What can we do to turn this around?”
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Saturday, May 23, 2009
Who Is Barack Obama? / Politics / US Politics
By: Richard_C_Cook
Omna Last writes: In 2008 Barak Obama appeared from the wings, front-stage in the midst of the American melodramatic psycho-drama. He was half-Negro and half-white. A near majority of white Americans were so fed up with the ruling white-man-machine, they were willing to vote in a half-black man as president.
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Saturday, May 23, 2009
The Economy / Politics / US Economy
By: Kevin_Geary
An Original Children's Story in Pictures and Words by Kevin Geary ©2009
One day, the Bankers came to Congress and said, "We're completely broke!"
Saturday, May 23, 2009
Economic Recovery, I Give Up Soothsaying... / Politics / Recession 2008 - 2010
By: Michael_T_Bucci
Well, I am dead wrong and so are most people who contribute to Market Oracle. The people are correct: The economy is "turning around", you can feel the change, people are spending again, the market is up, Obama and the Congress are rescuing us!
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Friday, May 22, 2009
General Motors Next On Obama’s Chopping Block / Politics / US Politics
By: Global_Research
Shamus Cooke writes: The greatest single attack on American workers since the Great Depression - The alarm bells should be ringing day and night about what’s being prepared at General Motors — the ripple effects could produce tidal waves.
Friday, May 22, 2009
Employment Tribunal Awards New Court Enforcement Help for Claims / Politics / Employment
By: Submissions
Tough new measures to improve the payment of employment tribunal awards and reduce the costs of enforcing unpaid ones were announced today by Justice Secretary Jack Straw.
Friday, May 22, 2009
Bail Out Your Self!, Time for a Tax and Mortgage Strike / Politics / Credit Crisis 2009
By: Submissions
Ted Rall writes: The calamari salad was world-class. Still, my friend the CPA's face screwed up. "You know what still has me pissed off? The bailouts. All wasted on CEO bonuses. But nobody cares!"
I told him I thought people cared, but they didn't know what they could do about it.
Friday, May 22, 2009
Frauds R' Us: The Scams and Crimes of Wall Street / Politics / Market Manipulation
By: Submissions
Danny Schechter writes: So many of us know in detail about all the false warnings and exaggerated claims that were used to justify the war in Iraq. By now, six years later, and after many books, reports, news stories and films (hopefully including my two books and film, Weapons of Mass Deception), we see the pattern of lies and deception. We realize that a fraud was committed against the American people and see what its consequences have been for the people of this country, Iraq and Afghanistan.
Friday, May 22, 2009
Watching Barack Obama Morph Into Dick Cheney / Politics / US Politics
By: Paul_Craig_Roberts
America has lost her soul, and so has her president.
A despairing country elected a president who promised change. Americans arrived from every state to witness in bitter cold Obama’s swearing in ceremony. The mall was packed in a way that it has never been for any other president.
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Thursday, May 21, 2009
Banksters Remain Firmly in Charge of the "New" Wall Street / Politics / Market Manipulation
By: LewRockwell
Wall Street wants to regain your trust. Mutual fund managers, stockbrokers, Wall Street executives, and the Securities and Exchange Commission (SEC) want Americans to keep the faith that buying and holding stocks, for the long term, is a key to building personal wealth. This is a tough sell considering Americans have watched their 401(k)s become 201(k)s. Not to worry says the laughable SEC, they’ve got your back covered.
Thursday, May 21, 2009
SEC Shame / Politics / Market Regulation
By: Mike_Stathis
Many of you who have followed me and read my most recent books (The Wall Street Investment Bible/2009 and America’s Financial Apocalypse/2006 & 2007) know that I feel the SEC is beyond useless. In my opinion, the agency works for Wall Street.
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Thursday, May 21, 2009
Rumblings about the Impossibility of Closing Guantanamo / Politics / US Politics
By: Global_Research
Eric Walberg writes: Pornography, feminisation of the enemy? Confused over what Obama’s view on Guantanamo and the backlog of torture images from Abu Ghraib? Join the club.
Tuesday, May 19, 2009
U.S. Social Security Trust Fund Running Out Faster than Expected / Politics / US Politics
By: Money_and_Markets
Nilus Mattive writes: We got lots of disturbing news from Washington last week. But the latest updates on Social Security and Medicare really got my blood boiling.
Tuesday, May 19, 2009
Who Will TARP Bailout America? / Politics / Credit Crisis Bailouts
By: Michael_Pento
Last week the nation’s number one trucking company, YRC Worldwide Inc., announced that it will seek $1 billion in TARP assistance to bailout the company’s pension plan. Never mind the fact that the request is light years away from the original intention and approval given by congress to purchase toxic assets from banks’ balance sheets. The point is that the troubled company’s request of the government to cover its pension obligations should remind us of the bigger issue; who will bailout our country’s pension plan and can the USA TARP itself?
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Monday, May 18, 2009
Restoring National Sovereignty with A Truly National Banking System / Politics / Global Financial System
By: Stephen_Lendman
Reviewing Ellen Brown's "Web of Debt:" Part VI -
This is the sixth and final article on Ellen Brown's superb 2007 book titled "Web of Debt," now updated in a December 2008 third edition. It tells "the shocking truth about our money system, (how it) trapped us in debt, and how we can break free." This article focuses on establishing a people-oriented banking system. It's high time we had one and reclaimed what's rightfully ours.
Monday, May 18, 2009
Audit the Fed, Then End It! / Politics / Central Banks
By: Dr_Ron_Paul
I have been very pleased with the progress of my legislation, HR 1207, which calls for a complete audit of the Federal Reserve and removes many significant barriers towards transparency of our monetary system. This bill now has nearly 170 cosponsors, with support from both Republicans and Democrats. Senator Bernie Sanders has introduced a companion bill in the Senate S604, which will hopefully begin to gain momentum as well. I am very encouraged to see so many of my colleagues in Congress stand with me for greater transparency in government.
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Monday, May 18, 2009
Obama's Road to Economic Ruin and Higher Taxes / Politics / Economic Stimulus
By: Gerard_Jackson
The inimitable Adam Smith once quipped that "there is a great deal of ruination in a country". But then Mr Smith had never met President Obama whose idea of financial responsibility would make the feckless and cynical Louis XIV look like a nineteenth British treasurer. This ideologue has set the United States on a spending and borrowing binge that is unprecedented in its history and which is impossible to sustain.
Monday, May 18, 2009
Obama is Disastrous for the U.S. Economy, Recession Worst is Yet to Come / Politics / Recession 2008 - 2010
By: Mike_Shedlock
Howard Davidowitz, chairman of Davidowitz & Associates has an interesting take on the economy that I happen to agree with.