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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Friday, July 29, 2011

Disastrous Outcomes From An Orchestrated U.S. Public Debt Crisis / Politics / US Debt

By: Paul_Craig_Roberts

With the world concerned about US financial credibility and the poor outlook for the US economy, now is not the time for the Republicans to grandstand on the public debt. The debt ceiling needed to be quietly raised. Instead, the Republicans started a fire and then threw gasoline on it, creating an inferno that could burn up the US social safety net or the US Treasury’s credit rating and the US dollar’s role as reserve currency or what remains of the separation of powers.

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Politics

Friday, July 29, 2011

Why Capitalism Is Worth Defending / Politics / Economic Theory

By: LewRockwell

Best Financial Markets Analysis ArticleAnthony Gregory writes: As Obama demonizes the wealthy and pitches a dozen plans to restructure the economy, opponents of this program need a reminder of what exactly we’re fighting for. We are resisting bureaucracy, central planning, and encroachments on our freedom and communities. Yet this does not get to the heart of the matter. We are not only an opposition movement, countering the president and his partisans’ agenda. More fundamentally, we stand in defense of the greatest engine of material prosperity in human history, the fount of civilization, peace, and modernity: Capitalism.

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Politics

Friday, July 29, 2011

Boehner Loses Credibility in Revised Budget Deficit Cuts Proposal, Tells Congress to "Get Your Ass in Line" / Politics / US Debt

By: Mike_Shedlock

Best Financial Markets Analysis ArticleIt was bad enough when Boehner proposed a $3 Trillion deficit cutting proposal that the CBO said would only cut the deficit by a mere $850 billion.

Please see Rating the Obama, Reid, and Boehner Deficit Reduction Plans on Mish's 10-Point Credibility Scale for details.

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Politics

Thursday, July 28, 2011

The End Of The False Flag Wars / Politics / Social Issues

By: Andrew_McKillop

It is easy and comforting, for some, to see the recent and current western "military adventures" in lower income, smaller, poorly armed countries as simply a neo-colonial rampage, perhaps with the initial aim of pillaging natural resources, but later on for the simple pleasure of trashing already weak and poor countries to thrill middle class graveside voyeurs with gore and suffering TV clips and newsbytes.

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Politics

Thursday, July 28, 2011

Your Guide Through the Washington Debt Speak / Politics / US Debt

By: LewRockwell

Best Financial Markets Analysis ArticleBrian Wilson writes: Another "Al" once wrote: "A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by dictatorship. The average age of the world's greatest civilizations has been 200 years." ~ Alexis de Tocqueville

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Politics

Thursday, July 28, 2011

Washington's Math Adds Up to the Debt Ceiling Deadlock / Politics / US Debt

By: Money_Morning

Best Financial Markets Analysis ArticleDavid Zeiler writes: If you've been wondering why your elected officials in Washington can't reach a basic compromise to break the debt-ceiling deadlock, consider this: They can't even get their numbers straight.

Not only do the competing Democratic and Republican plans differ on what counts as a spending cut, the Congressional Budget Office (CBO) has disputed numbers in both plans.

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Politics

Wednesday, July 27, 2011

$8.4 Trillion Hidden Profit For The Federal Reserve / Politics / Central Banks

By: Submissions

Liberty writes: The public is aware that deficit spending is the government's ability to spend money that it does not have. The image projected is the government borrows from the public, or the Federal Reserve, and the money that can be spent is above and beyond the funds collected in the form of taxes and fees.

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Politics

Wednesday, July 27, 2011

Iran's Dream for a Middle East Gas Pipeline / Politics / Natural Gas

By: OilPrice_Com

Nothing gets oilmen more excited than the idea of building pipelines from exotic, hard to reach places to seaports where the product of their endeavors can be shipped to lucrative foreign markets.

These reveries have been most pronounced with the opening since 1991 the riches of the Caspian Sea basin.

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Politics

Wednesday, July 27, 2011

Bailouts, Austerity and Rage: Calm Like A Bomb, Part I - The Greek & The Irish / Politics / Global Debt Crisis

By: Ashvin_Pandurangi

Best Financial Markets Analysis Article"Stroll through the shanties, and the cities remain. Same bodies buried hungry, but with different last names. These vultures rob everything, leave nothing but chains. Pick a point on the globe; yes the picture's the same. There's a bank, a church, a myth and a hearse; a mall and a loan, a child dead at birth. There's a widow pig parrot, a rebel to tame, a whitehooded judge and a syringe and a vein. And the riot be the rhyme of the unheard..." Rage Against the Machine: Calm Like a Bomb

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Politics

Wednesday, July 27, 2011

The Hidden Debt Risk That Could End the U.S. Empire / Politics / US Debt

By: Michael_S_Rozeff

Best Financial Markets Analysis ArticleThe debt limit will be raised. Neither side will get its way.

The U.S. government always raises the debt limit. How else would the debt and the government have gotten so large?

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Politics

Wednesday, July 27, 2011

The U.S. Debt Ceiling Charade, $114.5 Trillion of Debt and Liabilities / Politics / US Debt

By: Jeff_Berwick

Best Financial Markets Analysis ArticleWhat a circus the debate over the raising of the US Government debt ceiling has become.  It's fun to watch everyone involved wriggling around trying to ignore the blue whale in the room.

It used to be an elephant... perhaps around 1986.  But now, after a decade of wars and trillion dollar deficits, the US Government debt has become like the largest mammal in the history of the world - the blue whale - and is perhaps so large now that it might be in everyone's best interest just to ignore it or their heads may explode from realizing the enormity of the problem.

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Politics

Tuesday, July 26, 2011

Bernanke Secretly Gives away Sixteen Trillion Dollars / Politics / Credit Crisis Bailouts

By: Richard_Mills

Best Financial Markets Analysis ArticleThe first ever GAO (Government Accountability Office) audit of the US Federal Reserve was recently carried out due to the Ron Paul/Alan Grayson Amendment to the Dodd-Frank bill passed in 2010. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, while leading the charge for an audit in the Senate, watered down the original language of house bill (HR1207) so that a complete audit would not be carried out. Ben Bernanke, Alan Greenspan, and others, opposed the audit.

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Politics

Tuesday, July 26, 2011

U.S. Debt Ceiling Intransigence: Unintended Consequences... / Politics / US Politics

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleWhich party is responsible for intransigence on raising the debt ceiling? Republicans say the Democrats are, and Democrats say the Republicans are.

One could blame both parties equally, as both have their positions, but as I see it, it is the Republicans who are the most intransigent. The Democrats have shown more willingness to compromise, even offering cuts in Medicare and Social Security. Moreover, the Republicans started the fight, whereas the Democrats were willing to just raise the debt ceiling routinely, as in the past, and to get on with things.

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Politics

Tuesday, July 26, 2011

U.S. Debt Ceiling - What Now? / Politics / US Debt

By: Axel_Merk

William Poole writes: As I write it appears that the federal government is at the brink of default. The Republicans and Democrats have laid out irreconcilable positions on taxes. President Obama has said that he will not sign a bill that does not have some increases in tax rates on upper-income taxpayers. Republicans have said that they will not accept legislation that provides for such increases. In the negotiations, there has apparently been some progress in identifying spending cuts both sides can accept, but there no compromise is possible on the conflict over taxes.

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Politics

Tuesday, July 26, 2011

Fascism to come, wearing a libertarian veneer / Politics / US Politics

By: Michael_T_Bucci

Best Financial Markets Analysis ArticleI said to my homemaker when she arrived for her weekly visit, "I guess you are aware that Social Security checks might not arrive next week?" No, she didn't know that fact. "Well, you are aware of the Oslo gunman last Friday?" She couldn't place the word "Oslo" so I explained the tragedy in loose detail. No, she wasn't aware of it.

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