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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Saturday, May 09, 2015

Seven Changes Needed in Baltimore and Ferguson Right Now / Politics / Social Issues

By: MISES

I am regularly asked what can be done to solve the problem of “urban blight” in places like Detroit. The question is usually asked with exhausted desperation and a shrug, as if there are no possible answers. The cause of this “blight” is the root of the problem, and when ignited by police brutality, sets off riots in cities like Ferguson and Baltimore. There are a whole range of answers that we know will work to at least improve the situation.

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Politics

Saturday, May 09, 2015

Britain: A Functioning Democracy It’s Not / Politics / UK Politics

By: Raul_I_Meijer

We at the Automatic Earth always try to steer clear of elections as much as possible, because there are no functioning democracies left in the west -no more than there are functioning markets-, and no journalists reporting on them either. Interesting question, by the way: how can a journalist report on a democracy that isn’t there? And where in that setting does news turn to mere opinion, and where does opinion then become news ?

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Politics

Friday, May 08, 2015

Resilience is The New Black / Politics / Social Issues

By: Raul_I_Meijer

This is another essay from our friend Dr. Nelson Lebo III in New Zealand. Nelson is a certified expert in everything to do with resilience, especially how to build a home and a community designed to withstand disasters, be they natural or man-made, an earthquake or Baltimore. Aware that he may rub quite a few people the wrong way, he explains here why he has shifted from seeing what he does in the context of sustainability, to that of resilience. There’s something profoundly dark in that shift, but it’s not all bad.

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Politics

Friday, May 08, 2015

Shaking The Shackles Of Collectivism: The Birth of Modernity / Politics / Social Issues

By: Jeff_Berwick

The following post is by TDV Senior Analyst, Ed Bugos- Individualism is the ethic that, in the west, laid the foundation for massive industrialized societies to emerge from the economic principle of the division of labor… for the abandonment of slavery… and, ultimately, which raised so many people out of poverty.

Under the ancient regime - before the doctrine of individualism and of individual rights in the natural sense came about - the individual never had rights.  One may have been part of a family or tribe, where maybe the head had rights in some sense as the citizen of a state.

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Politics

Thursday, May 07, 2015

A Powerful Weapon of Financial Warfare--The US Treasury's Kiss of Death / Politics / US Dollar

By: Casey_Research

By Nick Giambruno

It’s an amazingly powerful weapon that only the US government can wield—kicking anyone it doesn’t like out of the world’s US-dollar-based financial system.

It’s a weapon foreign banks fear. A sound institution can be rendered insolvent at the flip of a switch that the US government controls. It would be akin to an economic kiss of death. When applied to entire countries—such as the case with Iran—it’s like a nuclear attack on the country’s financial system.

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Politics

Thursday, May 07, 2015

European War Games: Responses to Russian Military Drills / Politics / GeoPolitics

By: STRATFOR

Several events have coincided to demonstrate the dynamic, if not guarded, relationship between Russia and the Nordic and Baltic states. Ten NATO countries and Sweden launched a two-week planned exercise in the North Sea on May 4 to improve their anti-submarine warfare capabilities. On the same day, Finland — not a NATO member — began mailing letters to about 900,000 reservists informing them of their roles in a potential crisis situation. Meanwhile, Sweden's Foreign Ministry formally complained to Russian authorities that Russian navy ships were disrupting cable-laying work in waters between Sweden and Lithuania, the latest in a series of formal complaints over Russia's activity in the area. Concurrently, the Swedish and Lithuanian foreign ministers met with Moldova's pro-West leaders in Chisinau.

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Politics

Thursday, May 07, 2015

Financial Warfare and the Declining U.S. Dollar / Politics / Currency War

By: MISES

Ryan W. McMaken writes: With the creation of the BRICS bank and now the Asian Infrastructure Investment Bank (AIIB), the major economies of the world are hoping to lay the foundation for a multi-polar financial world beyond the unilateral control of the United States. Due to the enormous size of the US economy, coupled with the reserve status of the US dollar, the United States government has long been able to achieve strategic and military goals through flexing its financial power. This power has long allowed the US government to buy allies and friends among foreign regimes, to finance proxy wars, and to threaten the growth potential of foreign economies whenever the US government deemed it necessary.

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Politics

Thursday, May 07, 2015

The War On Cash: Governments Grabbing or Taxing Cash At Will Now / Politics / Fiat Currency

By: Jeff_Berwick

We have been warning for years that as bankrupt Western countries came closer to being completely insolvent that they would begin instituting capital controls, doing bank bail-ins, taxing cash and outright just stealing cash.

All of these things have come to pass now in one form or another.  Here are four examples of the countless that we could choose from.

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Politics

Wednesday, May 06, 2015

Those Gruelling U.S. Tax Rates: A Global Perspective / Politics / Taxes

By: Steve_H_Hanke

The Tax Foundation released its inaugural “International Tax Competitiveness Index” (ITCI) on September 15th, 2014. The United States was ranked an abysmal 32nd out of the 34 OECD member countries for the year 2014. (See accompanying Table 1.) The European welfare states such as Norway, Sweden and Denmark, with their large social welfare systems, still managed to have less burdensome tax systems on local businesses than the U.S. The U.S. is even ranked below Italy, the country that has had such a pervasive problem with tax evasion that the head of its Agency of Revenue (roughly equivalent to the Internal Revenue Service in the United States) recently joked that Italians don’t pay taxes because they were Catholic and hence were used to “gaining absolution.” In fact, according to the ranking, only France and Portugal have the dubious honor of operating less competitive tax systems than the United States.

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Politics

Wednesday, May 06, 2015

Do They Really Want to Outlaw Cash? / Politics / Credit Crisis 2015

By: EWI

Some bankers want to charge you for your deposits

Editor's note: You'll find the text version of the story below the video.

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Politics

Wednesday, May 06, 2015

Beyond Baltimore: Political Looting of Nation's Wealth / Politics / US Politics

By: MoneyMetals

Clint Siegner writes: The CVS Pharmacy at the corner of North and Pennsylvania Avenue in Baltimore is a burnt-out shell. You probably saw the video last week. An angry mob carried the store’s inventory out by the armload, then set fire to whatever was left. Company officials are still deciding whether or not to rebuild.

Looting is not good for business in Baltimore. But it is absolutely fantastic for business in Washington DC.

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Politics

Wednesday, May 06, 2015

German Greens Propose Radical Greek Debt Solution / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

In its German language edition, Der Spiegel ran a piece last night (translation is mine) about a proposal from the German Green Party (Die Grünen) to deal with the Greek debt crisis that is radically different from how its own government has so far approached the situation. The Greens are not in the Berlin government, but they are a force in German politics regardless, if only because the country loves so much to portray itself as green.

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Politics

Wednesday, May 06, 2015

Government's Share of Minimum Wage Increase / Politics / Wages

By: BATR

The working poor suffer disproportionately from the offshoring of high paying jobs. The upsurge an hour in the minimum wage economy is the net result of a consorted effort to lower the standard of living of not just the struggling impoverished but for all scrambling households. When the communist manifesto advocated a progressive income tax, the proletariat was supposed to get a sliver of social justice. Just how well did that hogwash turn out?  

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Politics

Wednesday, May 06, 2015

Yet Another Greek Secret: The Case of Greece's Phantom Assets / Politics / Eurozone Debt Crisis

By: Steve_H_Hanke

When banks are in distress, it is important to assess how easily the bank’s capital cushion can absorb potential losses from troubled assets. To do this, I performed an analysis using Texas Ratios for Greece’s four largest banks, which control 88% of total assets in the banking system.

We use a little known, but very useful formula to determine the health of the Big Four. It is called the Texas Ratio. It was used during the U.S. Savings and Loan Crisis, which was centered in Texas. The Texas Ratio is the book value of all non-performing assets divided by equity capital plus loan loss reserves. Only tangible equity capital is included in the denominator. Intangible capital — like goodwill — is excluded.

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Politics

Tuesday, May 05, 2015

Don’t Be Part of the 95% / Politics / Social Issues

By: Harry_Dent

I heard a speaker make a great observation at a major conference I was speaking at. He said: “95% of people are a genius at something.”

That doesn’t mean they’ll be Einstein or a CEO of a large corporation or a visionary entrepreneur… it just means everyone displays their brilliance in other, sometimes less-noticeable ways.

I have always found that to be true. I am good at what I do, but horrible at so many other things. I couldn’t fix a door knob if you gave me a ten-step, illustrated guide with online assistance from a personal consultant!

Read full article... Read full article...

 


Politics

Tuesday, May 05, 2015

How the UK Election Represents the State of Europe / Politics / European Union

By: STRATFOR

By George Friedman: The United Kingdom is going to the polls on Thursday. Elections electrify the countries in which they are held, but in most cases they make little difference. In this case, the election is a bit more important. Whether Labour or the Tories win makes some difference, but not all that much. What makes this election significant is that in Scotland, 45 percent of the public voted recently to leave the United Kingdom. This has been dismissed as an oddity by all well-grounded observers. However, for unsophisticated viewers like myself, the fact that 45 percent of Scotland was prepared to secede was an extraordinary event.

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Politics

Monday, May 04, 2015

Big Banks Profit While Main Street Suffers / Politics / Banksters

By: Submissions

Antonius Aquinas writes: If anyone doubts that the Western world’s monetary order is rigged to enrich the banking system, the first quarter financial reports of America’s top banks should disabuse any unbelievers.

The Financial Times reported that four of the five big U.S. trading banks had a combined revenue of $19.4 billion in the first quarter of 2015. Goldman Sachs had a 14.7 percent* return on its equity in the first quarter while J.P. Morgan, the nation’s largest bank, earned $5.91 billion or $1.45 a share, up 3.6% from a year earlier.** Revenues for J.P. Morgan grew 4% to $24.8 billion.

Read full article... Read full article...

 


Politics

Monday, May 04, 2015

Ron Paul Warns USA FREEDOM Act: Just Another Word for Lost Liberty / Politics / US Politics

By: Dr_Ron_Paul

Apologists for the National Security Agency (NSA) point to the arrest of David Coleman Headley as an example of how warrantless mass surveillance is necessary to catch terrorists. Headley played a major role in the 2008 Mumbai terrorist attack that killed 166 people.

While few would argue that bringing someone like Headley to justice is not a good thing, Headley's case in no way justifies mass surveillance. For one thing, there is no "terrorist" exception in the Fourth Amendment. Saying a good end (capturing terrorists) justifies a bad means (mass surveillance) gives the government a blank check to violate our liberties.

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Politics

Saturday, May 02, 2015

Kate Gives Birth to Coalition Government / Politics / UK Politics

By: Nadeem_Walayat

Kate goes into Labour but gives birth to Conservative led Coalition. Britain's broadcast media has been full of irrelevant mind numbing continuous drivel coverage of the birth of the latest Royal, literally all day focused on the doors of St Mary's Hospital waiting for Will and Kate to emerge with their new baby daughter as the BBC, Sky and the rest deemed that of being infinitely more importance to Britains slave population than the impending too close to call general election of which public school boy will be next to dance to the bankster's tune.

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Politics

Saturday, May 02, 2015

U.S.A. Caught In Enormous Policy Vise - ZIRP & QE Destructive Influence / Politics / US Politics

By: Jim_Willie_CB

Today is May Day, the international day of workers celebrated by most communist and deeply socialist nations. To be sure, Obama should come out of the closet with admission of not only his Muslim roots but his Marxist roots. By now, he could have easily promoted the holiday and had it moved from its longstanding September location to the May month. In honor of the holiday, the Jackass will outline the profound damage to the USEconomy, its recent destructive pressures, and the newest dynamics which assure a systemic breakdown. The outcome is being seen in widespread job loss, business shutdowns, a new war waged each year, and civil disorder prompted by a strange phenomenon hardly ever discussed.

Read full article... Read full article...

 


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