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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Tuesday, April 03, 2012

The "cashless society" and Total Monetary Surveillance / Politics / Social Issues

By: LewRockwell

Best Financial Markets Analysis ArticleEconomic Collapse writes: Most people think of a cashless society as something that is way off in the distant future. Unfortunately, that is simply not the case. The truth is that a cashless society is much closer than most people would ever dare to imagine. To a large degree, the transition to a cashless society is being done voluntarily. Today, only 7 percent of all transactions in the United States are done with cash, and most of those transactions involve very small amounts of money. Just think about it for a moment. Where do you still use cash these days? If you buy a burger or if you purchase something at a flea market you will still use cash, but for any mid-size or large transaction the vast majority of people out there will use another form of payment. Our financial system is dramatically changing, and cash is rapidly becoming a thing of the past. We live in a digital world, and national governments and big banks are both encouraging the move away from paper currency and coins. But what would a cashless society mean for our future? Are there any dangers to such a system?

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Politics

Monday, April 02, 2012

Ron Paul on The Supreme Court and Obamacare / Politics / US Politics

By: Dr_Ron_Paul

Last week the Supreme Court heard arguments concerning the constitutionality of the Obamacare law, focusing on the mandate requiring every American to buy health insurance or pay fines enforced by the IRS. Hopefully the Court will strike down this abomination, but we must recognize that the federal judiciary has an abysmal record when it comes to protecting liberty. It's doubtful the entire law will be struck down. Regardless, the political left will continue its drive toward a single-payer, government run health care system.

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Politics

Monday, April 02, 2012

The blind spot surrounding the 2005 'major restructuring' of the Goldman / Greek secret loan / Politics / Eurozone Debt Crisis

By: ECB_Watch

Best Financial Markets Analysis ArticleThe EU Commission was at the forefront of the response to the revelation in 2010 of irregularities in Greece's government statistics and in particular the 2.8bn Euros secret loan it received from Goldman Sachs in 2001 (Bloomberg). Has it delivered, and has parliamentary oversight been adequate? 
We tried to answer in a December 2011 article by comparing the results of a thorough audit from Eurostat with initiatives from legislative bodies in the EU and the UK and the bank's communication (MarketOracle). In short, there were serious lapses that point to a deception. 
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Politics

Monday, April 02, 2012

The Great Depression II, You Ain’t Seen Nothing Yet / Politics / Great Depression II

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis Article“Human history seems logical in afterthought but a mystery in forethought. Writers of history have a way of describing interwar societies as coursing from postwar to prewar as though people alive at the time knew when that transition occurred.”Strauss & Howe - The Fourth Turning

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Politics

Sunday, April 01, 2012

Niall Ferguson China, Turmoil and Triumph, a Flawed Understanding of China? / Politics / China

By: Nadeem_Walayat

Diamond Rated - Best Financial Markets Analysis ArticleNiall Ferguson's latest series on China to be broadcast in the UK ended in a highly convincing conclusion of what could come to pass, but I fear that Niall has let himself get too close to the subject at hand and miss the real big picture about why China is developing and where it is going, in a way he may again be repeating the mega mistake he made 12 years ago in 1999 with Gold when he stated :

"The twilight of gold appear[s] to have arrived. True, total blackout is still some way off...Gold has a future, of course.

"But mainly as jewelry." -Niall Ferguson

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Politics

Sunday, April 01, 2012

Greek Government Robbed Public Institutions to Complete the Bond Swap / Politics / Eurozone Debt Crisis

By: Global_Research

John Ward writes: “But Lucas my dear, if you run out of poor people, you can always steal from the sick”

REVEALED: HOW THE VENIZELOS GOVERNMENT SECRETLY REMOVED 70% OF MAJOR HOSPITAL, UTILITY & UNIVERSITY BANK ACCOUNT FUNDS TO PAY BONDHOLDERS

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Politics

Saturday, March 31, 2012

Obama Touts "Economic Recovery" Amidst Deepest Slump since the Great Depression / Politics / Great Depression II

By: Barry_Grey

Best Financial Markets Analysis ArticleWhile the United States remains mired in the deepest slump since the Great Depression, President Barack Obama is touting a modest improvement in employment over the past several months to boost his electoral prospects in November.

The three-month period from December through February has, according to the Labor Department, seen a net gain of 744,000 jobs, the largest for any three-month stretch since 2006. The official jobless rate has fallen from 9.1 percent in September to 8.3 percent in February.

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Politics

Saturday, March 31, 2012

The Fed's "Operation Twist". Europe and America. Grim Economic Prospects / Politics / US Economy

By: Bob_Chapman

Best Financial Markets Analysis ArticleSeven months after the official announcement on 9/21/11 of “Operation Twist” not much progress has been made at the long end of the market to reduce yields. The yield on the 10-year T-note has gone from 1.88% to 2.3% and the 30-year bond went from 3.03% to 3.41%. The episode has been marred by hedge fund and sovereign selling, which has left the short end a little higher, but the long end much higher. The question now is how much did this cost the Fed for such disappointing results?

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Politics

Friday, March 30, 2012

Stormtroopin' USA, Redention, Indefinite Detention, Creeping Facism / Politics / US Politics

By: Richard_Mills

Diamond Rated - Best Financial Markets Analysis ArticleNo term generates more confusion or misunderstanding than fascism, too many people believe that fascism exists solely in images on the History Channel - storm troopers pounding thundering jackboots down cobblestone streets of occupied countries while throwing up the Roman salute. But fascism is not defined by clothing, symbolism or salutes.

Fascism is a totalitarian system of government that bases its economy on capitalism, it's a marriage of government authority and military/police power managed by corporate influence.

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Politics

Friday, March 30, 2012

Who Captured the Fed? / Politics / Central Banks

By: Jesse

Best Financial Markets Analysis ArticleFuture generations will look back and ask themselves, 'How could they not see what was happening? Were they blind?'

The Fed is not the only problem here, but a key enabler. White collar crimes and fraud flourished amongst the robber barons even in the days of the gold standard. It just was not as convenient, as easy, to defraud the people en masse through the debasement of the currency.

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Politics

Friday, March 30, 2012

How to Prevent the Next Financial Crises / Politics / Financial Crash

By: Jesse

Best Financial Markets Analysis ArticleNassim Taleb presents a very simple principle for avoiding financial crises.

But sometimes the simplest principles are the most difficult to implement.  For example:

Thou shalt love the Lord thy God, with your whole heart, and your whole mind, and your whole strength, and love your neighbor as yourself.  This is the whole of the law.

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Politics

Friday, March 30, 2012

Germany Monetary Policies Openly Working Against the ECB… What’s Next? / Politics / Eurozone Debt Crisis

By: Graham_Summers

Best Financial Markets Analysis ArticleWhile the mainstream financial media and 99% of investors continue to believe that Germany will align itself with the EU, we’ve been pounding the table Germany will in fact look after its own interests rather than the EU’s and that it might in fact leave the Euro temporarily.

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Politics

Friday, March 30, 2012

Europe's Monetary Bazooka Will Fire Blanks / Politics / Eurozone Debt Crisis

By: Graham_Summers

Best Financial Markets Analysis ArticleEurope continues to take a page out of Hank Paulson’s “Crisis Combat” booklet, by unveiling one monetary “bazooka” after another. Obviously, EU leaders didn’t notice that Paulson’s “bazooka” completely failed to stop the 2008 Crash.

Even more strangely, they keep pulling out bazooka after bazooka, first unveiling the EFSF which was supposed to raise €1 trillion but failed to raise even €10 billion without having to intervene in its own bond auctions.

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Politics

Friday, March 30, 2012

Europe's Nuclear Exit Strategy / Politics / Nuclear Power

By: Andrew_McKillop

Best Financial Markets Analysis ArticleAt this time in April 2012 the nuclear industry has springcleaned its rhetoric and is making predictable rearguard action, claiming it isn't dead yet. What almost any honest observer will say is that just one more Fukushima type disaster will totally seal the fate of nuclear power, relegating the nuclear industry back to only the domains of weapons, medicine, engineering and research. As the Japanese government is obliged almost daily to up the estimate of costs that it and taxpayers will have to bear for the Fukushima disaster - the latest estimate is for a total of around 11 trillion yen to 2020 - Japan moves further to a probable complete exit from nuclear power. The costs were simply too high, like the risks which are perceived by public opinion as far too high.

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Politics

Friday, March 30, 2012

Before Making That IRA Contribution, Make Sure Your Pension Plan Assets are Safe / Politics / Pensions & Retirement

By: Money_Morning

Best Financial Markets Analysis ArticleLarry D. Spears writes: The middle of April is fast approaching and everyone knows what that means - time to get those 2011 income tax returns filled out and filed.

What few people realize is that they also have until Monday, April 16, to open a new individual retirement account (IRA) for 2011 or make your annual contribution to an existing one.

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