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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Saturday, March 04, 2017

The Deep State’s Gold Scam And The Demonization Of Russia / Politics / Deep State

By: Stewart_Dougherty

As the Fiscal Year 2018 budget, and particularly its war component are floated, it has become clear that without continued, massive military spending, paid for with mass-produced electrons masquerading as money, U. S. GDP would collapse, taking the country’s financial and monetary systems with it. The nation, whose real economy has been hollowed out, for profit, by the Deep State plunderers, has become significantly reliant upon deliberately contrived wars and military tensions for its economic survival.

With systemic monetary risk now at an unprecedented level, intensified by a new, partisan, “politics of defeat,” scorched earth agenda being implemented by those displeased with the results of the 2016 election, there has never been a more dangerous time for people to denominate their wealth in unbacked, baseless, debt-drugged dollars.

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Politics

Friday, March 03, 2017

Rapid Decline in Demand for Wage Slaves - Go Long Chain Makers / Politics / Social Issues

By: Raul_I_Meijer

This is turning into a very rewarding series, it opens up vistas I could never have dreamed of. First, in “Not Nearly Enough Growth To Keep Growing”, I posited that peak wealth for the west, and America in particular, was sometime in the early ’70s or late ’60s of the last century.

That led to longtime Automatic Earth reader Ken Latta, who’s old enough to have been alive to see it all, writing, in “When Was America’s Peak Wealth?”, that in his view peak wealth for America was earlier, more like late ’50s to early ’60s, a carefree period for which Detroit provided the design, and the Beach Boys the soundtrack.

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Politics

Friday, March 03, 2017

Tinker, Tailor, Soldier, Trump... / Politics / US Politics

By: Michael_T_Bucci

...Follow the money, Sens. Collins and McCain.

“We are well past the time for any political niceties or benefits of the doubt. We need an independent and thorough investigation of Russia’s meddling in our democracy and its ties to the President and his allies,” wrote veteran CBS newsman Dan Rather on March 2. “We don’t know what we don’t know.”

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Politics

Thursday, March 02, 2017

This is the Internet Revolution / Politics / Internet

By: Rodney_Johnson

In early December, I bought a 15-year-old Jeep Cherokee for my kids to drive while they were home from college. It sounds a bit outrageous when I put that in print, but my reasoning seemed sound at the time.

With all of them flying home, we’d have extra drivers around for five weeks, and only my car and my wife’s car available. I could have rented one instead of buying one, but the cost was substantial and I would still be the only driver allowed. As long as the old beater held up mechanically, even with registration and sales tax, it would be a better deal to simply buy an old one and then sell it.

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Politics

Thursday, March 02, 2017

Trump Before Congress / Politics / US Politics

By: Stephen_Lendman

His Tuesday address was long on making America safe for Wall Street, war profiteers and other corporate predators, short on what’s most needed to serve all Americans equitably and promote world peace.

He focused on increased military spending at a time major cuts are needed, combating terrorism without explaining ISIS and likeminded groups are US creations, used as imperial foot soldiers.

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Politics

Wednesday, March 01, 2017

Trump Ramps Up US Military Debt Spending In Preparations for China War / Politics / US Military

By: Nadeem_Walayat

President Trump's announcement to request Congress to increase annual US 'defense' spending by $54 billion (10%) to over $650 billion, some ten times that of the likes of Russia or Britain and approximately 40% of total global military spending. Which underscores the reality that there is nothing defensive about the scale of US military spending as the US is a global military empire that far out spends any other nation, where whilst the establishment media makes much of the Russian military threat in reality is a mere smoke and mirrors propaganda exercise as my 'Trump Reset' series of articles illustrates :

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Politics

Tuesday, February 28, 2017

Changes NATO Must Make To Remain A True Alliance / Politics / NATO

By: John_Mauldin

BY GEORGE FRIEDMAN AND JACOB L. SHAPIRO : US Secretary of Defense James Mattis met with defense ministers from other NATO member countries in Brussels on Feb. 15. He had a message to deliver from the Trump White House.

The meeting was closed, but some of Mattis’s comments were released to the media: “America will meet its responsibilities, but if your nations do not want to see America moderate its commitment to this alliance, each of your capitals needs to show its support for our common defense.” He added, “America cannot care more for your children’s security than you do.”

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Politics

Tuesday, February 28, 2017

US Border Adjustment Tax Could Lead to Another Great Depression / Politics / Great Depression II

By: John_Mauldin

The border adjustment tax is disruptive by its very nature. (I’m writing a series of articles about the good, the bad, and the ugly of this tax reform in Thoughts from the Frontline. Read Part 1 here).

In their defense, Paul Ryan and House Ways & Means Committee Chair Kevin Brady know everything I just said and probably agree with much of it. They believe the BAT’s negative effects will disappear quickly due to currency flows.

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Politics

Monday, February 27, 2017

Hillary Planning a 2020 White House Run? / Politics / US Politics

By: Stephen_Lendman

She tried and failed twice. Does she have another run in mind?

Reports suggest she may launch a TV talk show, featuring her as host, perhaps intending it to be platform for a third presidential campaign.

She considers herself party leader in exile, likely seeks revenge for losing to Trump. A TV show would be a way to bash him and serve as a self-promotion vehicle.

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Politics

Monday, February 27, 2017

Peak American Wealth – Revisited / Politics / Social Issues

By: Raul_I_Meijer

Let’s see. On February 18, I wrote an essay called “Not Nearly Enough Growth To Keep Growing”, in which I said “..the Automatic Earth has said for many years that the peak of our wealth was sometime in the 1970’s or even late 1960’s”.

That provoked a wonderfully written reaction from long-time Automatic Earth reader Ken Latta, which I published on February 23 as “When Was America’s Peak Wealth?”. Ken put peak wealth sometime in the late ’50s to early 60’s. As I said then, I really liked his definition of ‘wealth’ as being “best measured by the capacity to be utterly wasteful”. The article spawned a series of nice comments, for some reason largely by people in his age bracket (Ken’s 73).

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Politics

Monday, February 27, 2017

The Border Adjustment Tax Will Make The Jobs Problem Worse / Politics / US Politics

By: John_Mauldin

Under the border adjustment tax (BAT) plan, imports will be penalized and exports rewarded… which theoretically, in a perfect world without pushback, would leave our economy nicely balanced and undisrupted.

But I doubt it will happen that way, because the importers and exporters are not the same businesses. I’ve written extensively about this topic in my three part series, "Tax Reform: The Good, the Bad, and the Really Ugly" in Thoughts from the Frontline. (subscribe here for free.)

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Politics

Sunday, February 26, 2017

Iran Holds Large Scale Naval Exercises / Politics / Iran

By: Stephen_Lendman

Iran is threatened by Israel and America’s regional military presence. In areas around the Persian Gulf, it has bases in every country except Iran - plus numerous others in North Africa and Central Asia.

Its actions destabilized much of the Middle East. It supports the region’s worst despots.

The late Chalmers Johnson said “the United States has been inexorably acquiring permanent military enclaves whose sole purpose appears to be the domination of one of the most strategically important areas of the world.”

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Politics

Sunday, February 26, 2017

Trump Relinquishes Control of Foreign Policy / Politics / US Politics

By: Mike_Whitney

The war party is back in power and the odds of normal relations with Russia have dropped to zero.

The appointment of Army Lieutenant General H.R. McMaster to the position of national security adviser indicates that Trump has done an about-face on his most critical foreign policy issue, normalizing relations with Russia. General Michael Flynn– who recently stepped down from the post following allegations of lying to Vice President Mike Pence –was the main proponent of easing tensions with Moscow which is a position that had been enthusiastically embraced by President Donald Trump. But McMaster does not support normalizing relations with Russia, in fact,  McMaster sees Russia as a “hostile revisionist power” that “annex(es) territory, intimidates our allies, develops nuclear weapons, and uses proxies under the cover of modernized conventional militaries.” So, what’s going on? Why has Trump put a Moscow-hating hawk like McMaster in a position where he’ll be able to intensify the pressure on Russia, increase the provocations and, very likely, trigger a conflagration between the two nuclear-armed superpowers?

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Politics

Friday, February 24, 2017

When Was America’s Peak Wealth? / Politics / US Politics

By: Raul_I_Meijer

A few days ago, I wrote an essay entitled “Not Nearly Enough Growth To Keep Growing”, in which I posited, among many other things, that “..the Automatic Earth has said for many years that the peak of our wealth was sometime in the 1970’s or even late 1960’s” along with the question “..was America at its richest right before or right after Nixon took the country off the gold standard in 1971?”

That same day, I received an email from (very) long time Automatic Earth reader and afficionado Ken Latta, who implied he thought the peak of American wealth was even earlier. That turned into a nice conversation. I really like the way his head works to frame his words. And Ken knows what he’s talking about by grace of the fact that he was a witness to it all.

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Politics

Friday, February 24, 2017

California, Nestle and Decentralization - CalExit / Politics / US Politics

By: Antonius_Aquinas

Nestle USA has announced that it will move its headquarters from Glendale, California, to Rosslyn, Virginia, taking with it about 1200 jobs. The once Golden State has lost some 1600 businesses since 2008 and a net outflow of a million of mostly middle-class people from the state from 2004 to 2013 due to its onerous tax rates, the oppressive regulatory burden, and the genuine kookiness which pervades among its ruling elites.* A clueless Glendale official is apparently unconcerned about the financial repercussions of Nestle’s departure saying that it was “no big deal” and saw it as an “opportunity,” whatever that means!

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Politics

Wednesday, February 22, 2017

Why EU BrExit Single Market Access Hard line is European Union Committing Suicide / Politics / BrExit

By: Nadeem_Walayat

Some 8 months on from the British people voting against the interests of the establishment elite, most notable of which was for the emergence of an undemocratic european super state that further concentrated power into their own hands to the detriment of ordinary people. Britain is counting down to the triggering of Article 50, the formal request to LEAVE the European Union within a technical 2 year time limit for completion of but in practice may extend to several more years beyond. However, the EU elite even before the June 23rd 2016 vote, have been persistently warning the British people that they will be punished for voting for freedom from the EU super state, where the unsaid reason being so as to prevent a total collapse of the European Union as other states take Britians cue to rush for exit freedom.

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Politics

Wednesday, February 22, 2017

Why the US Democratic Party Is Dead / Politics / US Politics

By: Jesse

One more time.

My fear is that well-meaning people will focus on 'getting rid of Trump,' without considering what sort of leadership will replace him.

Hillary Part Deux? Or some other corporatist stooge from the GOP who runs a smoother, more polished con on the working class?

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Politics

Wednesday, February 22, 2017

Trump Chooses Hawkish National Security Advisor / Politics / US Politics

By: Stephen_Lendman

On Monday, Trump named hawkish Army Lt. General HR McMaster to replace Michael Flynn as National Security Advisor (NSA).

Political pressure lead to his unfortunate sacking for harmlessly discussing sanctions with Russia’s US ambassador.

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Politics

Wednesday, February 22, 2017

Trump Plans Mass Deportations / Politics / Immigration

By: Stephen_Lendman

Obama was notoriously called America’s “deporter-in-chief” for conducting sweeping Immigration and Customs Enforcement (ICE) raids nationwide - expelling record numbers, more than all his predecessors combined.

He largely targeted undocumented Mexicans and Central Americans, averaging over 1,000 deportations daily - people in the United States because destructive NAFTA and DR-CAFTA trade deals destroyed their jobs at home, or sought asylum from domestic violence and chaos.

Trump appears bent on exceeding Obama’s viciousness. Thousands of new ICE and border patrol agents are being hired. Stepped up sweeping raids will follow, more than already.

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Politics

Tuesday, February 21, 2017

The Nexus Between Politics and Economics / Politics / US Economy

By: Michael_Pento

President trump made the following crucial statement on February 9th: "We're going to be announcing something I would say over the next 2 or 3 weeks that will be phenomenal in terms of tax." To be sure, the nucleus of the President’s economic plan is the simplification of the tax code. To get this accomplished means everything for the stock market. Without a reduction in tax rates the air compressor that has been blowing up equity prices to near record and unsustainable valuations will explode.

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