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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, March 09, 2015

Don't Be Fooled by The Federal Reserve's Anti-Audit Propaganda / Politics / US Federal Reserve Bank

By: Dr_Ron_Paul

In recent weeks, the Federal Reserve and its apologists in Congress and the media have launched numerous attacks on the Audit the Fed legislation. These attacks amount to nothing more than distortions about the effects and intent of the audit bill.

Fed apologists continue to claim that the Audit the Fed bill will somehow limit the Federal Reserve's independence. Yet neither Federal Reserve Chair Janet Yellen nor any other opponent of the audit bill has ever been able to identify any provision of the bill giving Congress power to dictate monetary policy. The only way this argument makes sense is if the simple act of increasing transparency somehow infringes on the Fed's independence.

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Politics

Sunday, March 08, 2015

How Putin Blocked the U.S. Pivot to Asia - Get Vlad! / Politics / GeoPolitics

By: Mike_Whitney

“The collapse of the Soviet Union removed the only constraint on Washington’s power to act unilaterally abroad…. Suddenly the United States found itself to be the Uni-power, the ‘world’s only superpower.’  Neoconservatives proclaimed ‘the end of history.'”—  Paul Craig Roberts,  former Assistant Secretary of the US Treasury

“Don’t blame the mirror if your face is crooked.” Russian proverb

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Politics

Sunday, March 08, 2015

Europe, The Morally Bankrupt Union / Politics / European Union

By: Raul_I_Meijer

The European Union is busy accomplishing something truly extraordinary: it is fast becoming such a spectacular failure that people don’t even recognize it as one. People have no idea, they just think: this can’t possibly be true, and they continue with their day. They should think again. Because the Grand European Failure is bound to lead to real life consequences soon, and they’ll be devastating. The union that was supposed to put an end to all fighting across the continent, is about to be the fuse that sets off a range of battles.

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Politics

Friday, March 06, 2015

The Dark Side of the American Dream / Politics / Social Issues

By: MISES

Ryan McMaken writes: A Most Violent Year (2015, 125 minutes) is the third film from writer-director J.C. Chandor who wrote and directed 2011’s Margin Call about a Lehman Brothers-like firm in the early days of the 2008 financial crisis. Margin Call explored the complex relationships between white collar workers, corporate executives, and the firm’s customers in the face of economic ruin. With A Most Violent Year, Chandor returns to similar themes. But in this case, he focuses on a privately-owned heating oil business in 1981 New York City made successful by the relentless determination of Abel Morales (Oscar Isaac), an immigrant who has clawed his way to the top of his industry through a commitment to salesmanship and slow-and-steady growth.

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Politics

Friday, March 06, 2015

From Organised Religion to Government - The Fall of Confidence / Politics / Social Issues

By: Dr_Jeff_Lewis

Institutional confidence is akin to gravity. We know it’s there, and we understand a lot about it - but we haven’t yet been able to explain it adequately enough. At least not enough to quantify its relationship  - or unify gravity with the other physical forces that we do understand. Of course, we are much further from unification of the interactions between confidence (behavior), the economy, and finance. 

It’s easy to see the effect finance has on the economy. One can even map the ultimate effect through history, which is riddled with failed currencies. Ultimately, the failure of an untethered financial system culminates with the collapse of a currency. 

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Politics

Friday, March 06, 2015

Ukraine, Neocons and Neonazis / Politics / Ukraine Civil War

By: Raul_I_Meijer

See, by now you would think that anyone who reads that all 31 US banks that were tested have passed the Fed stress test, knows this says absolutely nothing about the banks, but all the more about the test. You would think. But the media try – and succeed – to cram it down the public’s throat as a success story anyway.

There’s simply a very strong feeling, if not conviction, in the western media, that they’ve won the propaganda battle. They have no adversary other than the blogosphere, and since they reach a thousand times more people, who are to a (wo)man more complacent and gullible than any of your typical interwebs readers, Bob’s their uncle.

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Politics

Thursday, March 05, 2015

Japan's Intelligence Reform Inches Forward / Politics / Intelligence Agencies

By: STRATFOR

When the Allies defeated Japan at the end of World War II, they dismantled the Japanese security apparatus and deliberately left the country dependent on outside powers. This entailed not only taking apart the military but also the extensive imperial intelligence apparatus that had facilitated Japanese expansion in Asia. As it reconstituted itself, postwar Japan opted for a decentralized intelligence system as an alternative to its prewar model. The result was more a fragment of an intelligence apparatus than a full system, with Tokyo outsourcing the missing components to its allies. This system worked through the Cold War, when Japan was more essential to U.S. anti-Soviet strategy. Since then, however, Japan has found itself unable to count on its allies to provide vital intelligence in a timely manner. The Islamic State hostage crisis in January, during which Japan depended on Jordanian and Turkish intelligence, reinforced this lesson.

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Politics

Thursday, March 05, 2015

Freedom from America - Getting Out Of Dodge / Politics / Social Issues

By: James_Quinn

LLPOH Writes: About 30 years ago, I took a series of jobs in Australia, turning around failing manufacturing businesses. We were there for a very few years, and during this time became eligible for Australian citizenship, which we took up. In return for saving one such failing business, I received shares in it, which I still hold today. Over the years I have remained an employee of that small private company, as has my wife, and visit regularly to see that it survives and thrives.

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Politics

Wednesday, March 04, 2015

Five Steps to Fixing Greeceā€™s Debt Problem / Politics / Eurozone Debt Crisis

By: Frank_Hollenbeck

The ECB decision to limit liquidity to Greek banks was another nail in the euro-coffin, and rumors of a “Grexit” caused bank withdrawals to accelerate. Over 25 billion euros have been withdrawn from Greek banks since the end of November 2014. But there’s a problem. Fractional-reserve Greek banks do not have the funds to cover all the withdrawals if trends continue. Current non-performing bank loans in Greece are close to 40 percent and banks hold large amounts of high risk Greek government debt.

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Politics

Wednesday, March 04, 2015

Chicago's Only Possible Salvation: A Detroit-Like Bankruptcy / Politics / US Debt

By: Mike_Shedlock

Is the Chicago pension system so messed up and union work rules so entrenched the only way to change either of them is bankruptcy? I think so.

So does Dennis Byrne who wrote on his blog today Chicago's Only Salvation: A Detroit-Like Bankruptcy.

This is a guest post from Byrne.

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Politics

Wednesday, March 04, 2015

Greece Debt Crisis Born From Socialism / Politics / Eurozone Debt Crisis

By: John_Browne

Like many of the important discussions in the economic world today, the negotiations between Greece and its European creditors has become increasingly absurd (see "A Patient Fed Considers Losing Patience" in our latest newsletter). Late on Friday, February 20, in a tense meeting between the new Greek Finance Minister and a host of ministers from 19 Eurozone countries, Germany apparently 'authorized' negotiators to accept a four-month extension of the $272 billion bailout so long as the Greeks promised to make a series of difficult fiscal steps needed to stay solvent over that time frame. Given that they desperately need the money, it should be no great surprise that the Greeks complied.

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Politics

Tuesday, March 03, 2015

Great Big Fat Greek Expectations / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

From what I read in the press every day, as well as from private communication, a pretty wide divide seems to appear between what many people think the Syriza government in Athens should do, and what they actually can do at this point in time. It should be useful to clarify what this divide consists of, and how it can be breached, if that is at all possible.

In particular, many are of the opinion that Greece cannot escape its suffocating debt issues without leaving the eurozone and going its own way, reintroducing the drachma and defaulting on much of its €240 billion debt. Those who think so may well be right. But right now that is mostly irrelevant. Because Alexis Tsipras and his men and women simply don’t have their voters’ mandate to go down that road. They may at some time in the future, but they don’t today. The expectations are too great, and certainly too immediate.

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Politics

Monday, March 02, 2015

The Absurdity of "Reform" in Washington DC / Politics / US Politics

By: MISES

James Bovard writes: In the 1930s, peasants who were starving because of the Soviet regime’s brutal farm collectivization policy lamented, “If only Stalin knew!” Nowadays, American social scientists look at floundering federal programs and lament: “If only Congress knew!” And the solution is the “evidence-based” reform movement which will magically beget a new era of good governance.

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Politics

Monday, March 02, 2015

Ron Paul - Department of Homeland Security: What is it Good For? / Politics / US Politics

By: Dr_Ron_Paul

Late Friday night, Congress passed legislation funding the Department of Homeland Security for one week. This vote followed weeks of debate over efforts to attach a prohibition on funding President Obama's executive order granting amnesty to certain illegal immigrants to the Homeland Security funding bill.

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Politics

Sunday, March 01, 2015

Varoufakis vs. the Troika - Showdown in Athens / Politics / Eurozone Debt Crisis

By: Mike_Whitney

“Will the United States, Germany, the rest of the European Union, the European Central Bank, and the International Monetary Fund – collectively constituting the International Mafia – allow the new Greek leaders of the Syriza party to dictate the conditions of Greece’s rescue and salvation? The answer at the moment is a decided “No”. — William Blum, The Greek Tragedy, CounterPunch

“The Greek economy is finished…. There is no power, no force within the Greek economy, within Greek society that can avert – it’s like – imagine if we were in Ohio in 1931 and we were to ask: What can Ohio politicians do to get Ohio out of the Great Depression? The answer is nothing.”— Yanis Varoufakis, Greek Finance Minister

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