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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

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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Politics

Monday, May 18, 2009

Obama's Road to Economic Ruin and Higher Taxes / Politics / Economic Stimulus

By: Gerard_Jackson

Best Financial Markets Analysis ArticleThe 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.

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Politics

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

Best Financial Markets Analysis ArticleHoward Davidowitz, chairman of Davidowitz & Associates has an interesting take on the economy that I happen to agree with.

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Politics

Monday, May 18, 2009

MP's Blame Greedy NHS GP's for Expense Claims Abuse / Politics / UK Politics

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleHumiliated MP's across all parties that have been drowned out by the public chorus of outrage and indignation of the abuse of the MP expenses system have repeatedly stated how MP pay has failed to keep pace with that of NHS GP's which is one of the key reasons as to why they have resorted to what amounts to legalised theft from the electorate.

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Politics

Sunday, May 17, 2009

American's Did Not Vote For This Obama / Politics / US Politics

By: Mike_Whitney

Best Financial Markets Analysis ArticleAnyone who has ever wasted good money on a clunker only to drop the transmission 15 minutes after leaving the car-lot, knows the feeling. It's like a swift-kick in the groin followed by weeks of fist-pounding rage. It's called buyer's remorse; "Gawd, I wish I hadn't bought that piece of dogshite!" 

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Politics

Friday, May 15, 2009

Bubble Blower Greenspan Continues to Denie Responsbility for U.S. Housing Bust / Politics / US Housing

By: Peter_Schiff

Best Financial Markets Analysis ArticleWhen, during the invasion of Iraq, the United States Government issued its famous deck of playing cards with the 52 arch villains of the Iraqi police state, Saddam Hussein's face adorned the Ace of Spades. If the Obama Administration wanted to engage in a similar public relations campaign for the real estate crisis, the top card should be reserved for Alan Greenspan.

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Politics

Friday, May 15, 2009

The Bank Bailout Bubble – The Bubble to End All Bubbles / Politics / Credit Crisis Bailouts

By: LewRockwell

Best Financial Markets Analysis ArticleGerald Celente writes: The biggest financial bubble in history is being inflated in plain sight. This is the Mother of All Bubbles, and when it explodes, it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world. Either unwilling or unable to call the bubble by its proper name, the media, Washington, and Wall Street describe the stupendous government expenditures on rescue packages, stimulus plans, buyouts, and takeovers as emergency measures needed to salvage the severely damaged economy.

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Politics

Friday, May 15, 2009

Dewsbury MP Shahid Malik Sets Expenses Scandal Claim Record / Politics / UK Politics

By: Nadeem_Walayat

The Justice Minister, Shahid Malik, became the latest MP to be named in the ever expanding expenses scandal in the Daily Telegraph which states that Mr Malik claimed the maximum allowed for the second homes allowance amounting to £66, 827 over 3 years for his London home with an original purchase price of £85,000 (2001), whilst at the same time nominating a rental property as his main residence in his Dewsbury constituency for less than £100 per week.

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Politics

Thursday, May 14, 2009

Mealy Mouthed MP's Blasted Over Expenses Abuse on Historic BBC Question Time / Politics / US Politics

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleIf MP's were in any doubt as to the outrage amongst the British public then last nights BBC Question Time programme should bring home the serious situation which threatens literal rebellion amongst the British voters away from the three main parties in favour of the fringe parties such as the Greens, UKIP and the BNP.

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Politics

Thursday, May 14, 2009

Countries Should Use their Central Bank Reserves to Tame the Speculators / Politics / Global Financial System

By: Global_Research

Best Financial Markets Analysis ArticleMichael Hudson writes: Yevgeny Primakov explains where Russia’s Neoliberal Model Went Wrong - Last week Izvestiya published an interview with former Premier Yevgeny Primakov, now president of the Chamber of Commerce and Industry. (Johnson’s Russia List published a translation on May 8). The discussion centered on a universal problem – what China and other Asian countries, as well as OPEC and Europe should do with the export surpluses and proceeds mounting up in their central banks from mortgaging or selling off their real estate and industry. Or to put matters in retrospect, what should they have done to avoid the neoliberal monetarist ideology that governments should do nothing at all with these surpluses, not even use them to fuel economic growth.

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Politics

Thursday, May 14, 2009

Who Rules America? / Politics / US Politics

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleWhat do you suppose it is like to be elected president of the United States only to find that your power is restricted to the service of powerful interest groups?

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Politics

Thursday, May 14, 2009

The Debt Spider Captures America - American Workers Consigned to Debt Serfdom / Politics / Global Financial System

By: Stephen_Lendman

Best Financial Markets Analysis ArticleReviewing Ellen Brown's "Web of Debt:" Part IV - This is the fourth in a series of articles 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 America's "web of debt" entrapment.

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Politics

Thursday, May 14, 2009

Bankrupt California Seeks Federal Bailout / Politics / Credit Crisis Bailouts

By: Mike_Shedlock

Best Financial Markets Analysis ArticleMarketWatch is reporting California formally asks Geithner for TARP assistance

California Treasurer Bill Lockyer asked U.S. Treasury Secretary Timothy Geithner on Wednesday to authorize assistance for his state from the federal Troubled Asset Relief Program, warning that depressed tax revenues may cut into basic services and halt the building of infrastructure.

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Politics

Wednesday, May 13, 2009

The Secrets of the Federal Reserve Bank Revealed / Politics / Central Banks

By: Global_Research

Diamond Rated - Best Financial Markets Analysis ArticleBob Chapman writes: The Federal Reserve Act was legislated in 1913 to end recessions, panics and depression. Over that almost 100-year period they have been eminently no more successful then their predecessors. The Fed is a private corporation, which guides US monetary policy. Its staff is from Wall Street, banking, and transnational conglomerates and occasionally from academia. Of the 12 Federal Reserve banks the New York bank is the most powerful. The staffing of the Fed at the least is incestuous, because the member banks take part in the staffing, as they filter to the Fed what actions they should take.

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Politics

Tuesday, May 12, 2009

Brave New World of Government Finance / Politics / Credit Crisis Bailouts

By: LewRockwell

Best Financial Markets Analysis ArticleEric Fry writes: Eighty-two steps back…one step forward. Last fall, without so much as a grunt from an elected official, the former Treasury Secretary of the United States doled out $170 billion dollars to the incompetents at AIG. Yesterday, the current President of the United States announced triumphantly that his new budget would “save” $17 billion, thanks to the elimination of 121 federal programs.

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Politics

Tuesday, May 12, 2009

Fascist Star Trek Federation Vs Free Market Aliens / Politics / Financial Markets 2009

By: LewRockwell

Best Financial Markets Analysis ArticleJohn Bowman writes: Several years ago, I remember reading an historical analysis of alien movies and other popular media, with an interesting conclusion that went something like this: With a few notable exceptions, during times of war, widespread geopolitical strife or general oppression or misery, E.T. is generally depicted in popular media as a benevolent visitor, yet in times of peace or general prosperity, E.T. is instead portrayed as a merciless invader.

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Politics

Tuesday, May 12, 2009

Banks Modern Day Pirates Without Boats / Politics / Credit Crisis Bailouts

By: Pravda

Best Financial Markets Analysis ArticlePirates are all the rage these days. The brazen audacity of Somali Pirates seems to make headlines every other day. Not only does crime pay, it pays lavishly; over $15 billion a year by some estimates. Traditionally, a Pirate is someone who robs or plunders on the high seas. The most successful or notorious villains in history passed into folklore.

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Politics

Tuesday, May 12, 2009

Socialism Returns to Haunt United States / Politics / US Politics

By: John_Browne

Best Financial Markets Analysis ArticleAmerica is more than a country; it is the ideal of liberty. In economic terms, liberty translates into the entrepreneurial spirit of hard work, risk taking and self-reliance. And this spirit has made America rich beyond compare.

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Politics

Tuesday, May 12, 2009

House of Frauds, Tory Lords of the Manor Expense Claims / Politics / US Politics

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleThe Telegraph continued with its leaking of outrageous expense claims at tax payers expense, where the reaction from the Speaker of the Commons was to deride the media for publishing the content rather than on seeking to hold MP's to account, which is not so surprising given his own past track record of going on spending binges to the tunes of several hundreds of thousands at tax payers expense beyond his salary.

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Politics

Tuesday, May 12, 2009

Leftists Attack Critics of the Fed Money Printing Machine / Politics / Central Banks

By: LewRockwell

Tom Woods writes: Question Authority (Unless I Say Not To)Finally, I’ve been attacked – sort of.

Best Financial Markets Analysis ArticleSo far the response to my book Meltdown, a free-market look at the financial crisis, has been almost eerily favorable. That’s very gratifying, to be sure, but criticism is what gets debate going and pushes a given subject matter beyond its typical confines.

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