Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Friday, May 29, 2009
Obama Should Reject Bailout of California to Prevent Bond Market Crash / Politics / Credit Crisis Bailouts
By: Peter_Schiff
During the height of New York City's financial crisis in the 1970's, President Gerald Ford had the good sense to turn down Mayor Abe Beame's request for a federal bailout. The refusal prompted the famous New York Post headline, "Ford to City: Drop Dead." More than 30 years later, as California Governor Arnold Schwarzenegger makes a similar plea to Washington, I hope President Obama will show similar restraint. Unfortunately, given Obama's recent string of unwise economic decisions, it's hard to imagine that his judgment will suddenly improve.
Thursday, May 28, 2009
The Age of Financial Reform or Plunder without End? / Politics / Credit Crisis 2009
By: Global_Research
Danny Schechter writes: New York, New York: It is almost axiomatic to argue that renewal comes out of chaos. And reform and change are born in crisis.
The financial meltdown of 1907 led to the formation of the Federal Reserve Bank. The Crash of ’29 ushered in the New Deal, the FDIC, the SEC, and The Glass Steagall Act etc. Even the disaster at Enron permitted new statutes requiring more transparency like Sarbanes Oxley. And now this greatest of great recessions is leading to a new wave of financial regulation. The public is already said to believe recovery is just around the next corner.
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Thursday, May 28, 2009
The Depth of Corruption of Theft of Public Money by Members of Parliament / Politics / US Politics
By: LewRockwell
John Pilger writes: The theft of public money by Members of Parliament, including government ministers, has given Britons a rare glimpse inside the tent of power and privilege. It is rare because not one political reporter or commentator, those who fill tombstones of column inches and dominate broadcast journalism, revealed a shred of this scandal. It was left to a public relations man to sell the "leak." Why?
Thursday, May 28, 2009
Deep Recession, Huge Political Scandal / Politics / UK Politics
By: LewRockwell
Gary North writes: I went to the Sunday Times site on Sunday. Here was the lead headline:
Read full article... Read full article...At least half of the House of Commons' 646 MPs will be swept away at the general election, as voters take revenge on the political classes for the expenses scandal.
Thursday, May 28, 2009
North Korea ready for Nuclear Third World War / Politics / North Korea
By: Pravda
The events on the Korean Peninsula are developing speedily. Following the underground nuclear explosion and a series of missile launches, North Korea proceeded to diplomatic attacks. Pyongyang pulled out from the 1953 Truce Agreement with South Korea.
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Wednesday, May 27, 2009
Consumer False Confidence Due to Socialism, the Philosophy of Failure / Politics / Economic Stimulus
By: John_Browne
"Socialism is the philosophy of failure, the creed of ignorance and the gospel of envy," said Winston Churchill. Although it inevitably lowers living standards, socialism feels good - at least at the outset - as "free money" flows in great abundance. Keep this in mind as we examine the "good news" about consumer confidence.
Wednesday, May 27, 2009
Sheila Bair Says No to Furthering PPIP Scam by Banks / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
Banks are not content to have bidders rape taxpayers on their behalf. The banks want to rape taxpayers themselves. Please consider Banks Aiming to Play Both Sides of Coin.
Wednesday, May 27, 2009
The North Korean Nuclear Test and Geopolitical Reality / Politics / North Korea
By: STRATFOR
North Korea tested a nuclear device for the second time in two and a half years May 25. Although North Korea’s nuclear weapons program continues to be a work in progress, the event is inherently significant. North Korea has carried out the only two nuclear detonations the world has seen in the 21st century. (The most recent tests prior to that were the spate of tests by India and Pakistan in 1998.)
Wednesday, May 27, 2009
California Can Print its Own Money / Politics / Quantitative Easing
By: Global_Research
“I understand that these cuts are very painful and they affect real lives. This is the harsh reality and the reality that we face. Sacramento is not Washington – we cannot print our own money. We can only spend what we have.” Governor Arnold Schwarzenegger quoted in Time, May 22, 2009
Wednesday, May 27, 2009
Financial Crisis Lessons from Islam / Politics / Credit Crisis 2009
By: Pravda
Many analysts said that the Islamic financial system would suffer least from the financial crisis. Islam bans the interest rate, which is the basis of wealth and the source of trouble for the traditional world of money.
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Tuesday, May 26, 2009
Bilderberg Plan For Remaking the Global Political Economy 2009 / Politics / Global Financial System
By: Global_Research
Andrew G. Marshall writes: From May 14-17, the global elite met in secret in Greece for the yearly Bilderberg conference, amid scattered and limited global media attention. Roughly 130 of the world’s most powerful individuals came together to discuss the pressing issues of today, and to chart a course for the next year. The main topic of discussion at this years meeting was the global financial crisis, which is no surprise, considering the list of conference attendees includes many of the primary architects of the crisis, as well as those poised to “solve” it.
Tuesday, May 26, 2009
Government and Financial Institutions Controlled by Evil Men, Trillions Stolen from the American People / Politics / Credit Crisis Bailouts
By: James_Quinn
There ain't no rest for the wicked, money don't grow on trees, I got bills to pay, I got mouths to feed, there ain't nothing in this world for free.
I know I can't slow down, I can't hold back though you know I wish I could, oh no there ain't no rest for the wicked, until we close our eyes for good. -Ain’t No Rest for the Wicked – Cage the Elephant
Tuesday, May 26, 2009
Downsizing of America - Thoughts on a Vanishing Lifestyle / Politics / US Debt
By: Mike_Shedlock
In response to Lifestyle Liquidation - Estates of the Fabulously Rich, an article about an aborted move by the Peacock family to sell a 10,000-square-foot home complete with an exotic game room featuring a hyena and the heads of an elephant and wildebeest, along with 6 sports cars and other items, I received this email from "MB".
Tuesday, May 26, 2009
U.S. Goverment, Public Finance, Gold, Bonds, Trends and Economy / Politics / US Politics
By: Michal_Matovcik
Government:
George Washington: “[Government] has no more right to put their hands into my pockets, without my consent, than I have to put my hands into yours…”
Monday, May 25, 2009
Good and Bad Government / Politics / US Politics
By: LewRockwell
Michael Rozeff writes: Aggression is the act of attacking, invading, or injuring a peaceful or innocent person. Peaceful or innocent behavior is non-aggressive behavior. (Peaceful behavior does not exclude defensive behavior, which may include actions to repel aggression.)
Human government is the means of coordinating interpersonal human action.
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Sunday, May 24, 2009
America's Nightmare: The Obama Dystopia / Politics / US Politics
By: Global_Research
Andrew Hughes writes: Manipulation, propaganda, imagery & PR wizardry - After 8 years of the Bush-Cheney nightmare during which we saw the wanton destruction of Afghanistan and Iraq, the cynical negation of centuries of Law designed to protect the most basic human rights and a foreign policy worthy of Genghis Khan, there came along the "Great Black Hope" in the persona of Barack Obama. The collective world consciousness turned uncritically to what was presented as a new era for peace, change and trust in Government.
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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