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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Tuesday, March 12, 2013

Bank of England Governor's Last Cunning Plan to Transfer RBS Bad Debts onto Tax Payers / Politics / Banksters

By: Nadeem_Walayat

In a Black Adder Baldrick-esk moment the soon to be pensioned off Governor of the Bank of England, Mervyn King announced his last cunning plan to help his bankster brethren by suggesting that all of the bad debts at the bankrupt tax payer bailed out RBS should be transferred to a tax payer owned bad bank (i.e. added to UK national debt) so that RBS can then be floated onto the stock market and that the politicians can thus announce that they made a profit for the tax payers.

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Politics

Monday, March 11, 2013

Vatican's Next GodFather - What's More Important To You, Italy or the Dow? / Politics / Italy

By: Raul_I_Meijer

During the Italian election weekend two weeks ago, I watched all three Godfather films on a local station. Very convenient, since they can teach you quite a bit about Italy, even if you've seen them a dozen times already in the past. The abdication of the pope sort of rounded off the history lesson, and I was thinking: OK, now I'm good to go.

After the results came in and Beppe Grillo and the Five Star movement (M5S) became the single biggest "party", I was going to simply repost my February 10 article Beppe Grillo Wants To Give Italy Democracy, in which I wrote about my meeting with Beppe and the ideas we talked about which I took away from that. He had won big, but it was clear that most people still had no idea who he is.

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Politics

Sunday, March 10, 2013

Ron Paul on Congress, Drones, and The Imperial Presidency / Politics / US Politics

By: Dr_Ron_Paul

Last week the US Senate took a break from debating the phony cuts known as "sequestration," for Senator Rand Paul to hold a 13-hour filibuster to force the Obama administration to state whether it believes the President has the right to kill American citizens with drones on US soil. I find it tragic that there has to be a discussion on an issue that should be so self-evident.

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Politics

Sunday, March 10, 2013

US Unemployment Figures Camouflage, Corporate Profits Boom From Collapsing Wages / Politics / Social Issues

By: Global_Research

Andre Damon writes: The number of jobs in the US grew by 236,000 in February, and the official unemployment rate fell to its lowest level since 2008, according to the Labor Department’s latest jobs report released Friday.

The media jumped on the jobs total—significantly higher than the 165,000 that had been predicted—to proclaim an economic turnaround, while the Obama White House said the report indicated that “the recovery that began in mid-2009 is gaining traction.”

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Politics

Sunday, March 10, 2013

Eating the Fed for Lunch / Politics / US Federal Reserve Bank

By: Fred_Sheehan

The lack of interest regarding just how the Federal Reserve will extricate itself and the rest of us may be a matter of self-preservation. There is no way out from its loony, money hypothesis.

It is not ironic that the man responsible for extrication is in a trance. Only such a fuzzy-headed, tweedy thinker would have created the greatest moral hazard in the history of the world.

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Politics

Sunday, March 10, 2013

UKIP - The Good, The Bad And The Dumb / Politics / UK Politics

By: Andrew_McKillop

After recently beating the leading party in UK's shaky coalition government, the Conservative party (called 'the Tories' in the 18th century) in a by-election triumph, and making even more solid gains in opinion poll scores, the UKIP party headed by Nigel Farage is succeeding its strategy to woo Britain's "rejectionist voters". These are voters who reject all existing Me Too parties, what the UKIP calls the Lib-Con-Lab alliance of the Liberal, Conservative and Labour parties, which have almost identikit mix-and-mingle, one size fits all policies for mitigating national debt, relaunching the economy, accelerating European integration, fighting climate change, raising immigration, building multiculturalism - and taxing average persons and smaller companies into the grave.

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Politics

Saturday, March 09, 2013

Spoiling the Great U.S. Employment News / Politics / Employment

By: Mike_Shedlock

This article originally appeared on MarketWatch under the title Jobs numbers are far worse than they look.

I selected my title from a humorous comment on MarketWatch by reader "Homer Price" who writes "Mike, What are you doing ? Trying to spoil the GREAT EMPLOYMENT news. Just wait until next year when the Unaffordable Care Act kicks in. THE BEST IS YET TO COME ............................. "

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Politics

Friday, March 08, 2013

Rearview Mirror Economics: Mutant Markets And Crony Capitalism / Politics / Global Economy

By: Andrew_McKillop

The well known British economist the late Joan Robinson once observed that the only thing worse than being exploited by capitalism, is not being exploited by capitalism. This whimsical English humour was fine in her day, but questions she treated like generations of economists before her, have never been settled. More important, today's reason for asking questions like - Why are markets not working? - is that western society and its economic model or models now faces a critical, life-or-death struggle.

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Politics

Friday, March 08, 2013

Advice to the Poor- Fix Your Attitude! / Politics / Social Issues

By: LewRockwell

Thomas Sowell writes: Most people are not even surprised any more when they hear about someone who came here from Korea or Vietnam with very little money, and very little knowledge of English, who nevertheless persevered and rose in American society. Nor are we surprised when their children excel in school and go on to professional careers.

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Politics

Thursday, March 07, 2013

Big Privacy Risk That Could Cost You Your Job / Politics / Scams

By: DailyWealth

Dr. David Eifrig writes: Major Zane Purdy's life imploded in just three months...

Purdy, a defense contractor and Air National Guard officer, used to earn a six-figure salary. Then, according to the Montgomery Advertiser, thieves stole his identity. They decimated his credit rating.

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Politics

Thursday, March 07, 2013

Who Profits From the Fed? / Politics / US Federal Reserve Bank

By: David_Howden

We recently looked at the Federal Reserve’s 2012 results. In particular, we pointed to some positive and negative developments. On a positive note, the Fed managed to shrink down the size of its balance sheet by approximately one-third of a percent. (Hey, it’s a start.) On a negative note, this decrease occurred because banks shifted their holdings of reserves into cash, thus forcing the Fed to sell off some of its assets. I explained that this is a potentially negative result, as the shift into cash brings with it inflationary pressure on prices.

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Politics

Thursday, March 07, 2013

Bernanke the Crony Bureaucrat / Politics / US Federal Reserve Bank

By: Fred_Sheehan

The bureaucrat is similar to the cockroach. Both "species adapt readily to a variety of environments, but prefer warm conditions found within buildings." Both "are among the hardiest insects." (Wikipedia's descriptions, for interested entomologists) Madonna (the exhibitionist) captured the nexus: "I am a survivor. I am like a cockroach, you just can't get rid of me."

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Politics

Thursday, March 07, 2013

British Government Stripping Citizenships So The U.S. Can Kill Them? / Politics / UK Politics

By: Jeff_Berwick

Justin O'Connell writes: So you're in an African prison and being tortured after being stripped of your citizenship while on vacation with your family. And then, during your kidnapping, you are forced to sign a Soviet-style confession at the hands of the CIA. That could be your fate if what is happening to British citizens is any sign. But it doesn’t end there…

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Politics

Wednesday, March 06, 2013

Is Sequestration a Gift or Economic Apocalypse / Politics / Economic Austerity

By: Money_Morning

Shah Gilani writes: Everybody sing along...

It's a happy day... Oh happy days. It's a happy day...Oh happy days. When sequestration rules it drives the tears away... Oh happy days!

Apocalypse!

Armageddon!

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Politics

Wednesday, March 06, 2013

Economics of Gun Control / Politics / US Politics

By: BATR

Money and guns, often goes together. Sometimes used for the protection of cash, other times made on the sales and use of guns and ammo. Manufactured and sold openly, weapons of every description are a stable in the marketplace. Yet, firearms seem especially targeted for ownership extinction by law-abiding citizens. Ironically, the public purchases of personal pistols, rifles and shotguns are systematically restricted and regulated, while law enforcement officials add the latest in advanced ordinances to their arsenals. The obvious message is that the government is preparing for war against their own citizens.

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Politics

Tuesday, March 05, 2013

The Fed’s Monetary Policy of Zero Interest Rates / Politics / US Federal Reserve Bank

By: Prof_Rodrigue_Trembl

“If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.” Thomas Jefferson (1743-1826), 3rd US President

“It is well enough that people … do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford (1863-1947), American automobile industrialist

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Politics

Tuesday, March 05, 2013

Economic Fascism and the Power Elite / Politics / Social Issues

By: MISES

David S. D'Amato writes: The state—the organization of the political means—is the institution that allows an idle, unproductive class of parasites to live at the expense of ordinary, working people, whose means are industrious activity and consensual exchange in the marketplace. We ought not assume, however, that the indigent segment of society, those who receive social welfare aid from the state, are necessarily foremost among the parasites of the political means. Rather, free-market libertarians from Albert Jay Nock to Murray Rothbard and Butler Shaffer have demonstrated that in the statist economy of theft and wealth redistribution, it is the elite—powerful, entrenched commercial players—who most benefit. Historically and empirically, this phenomenon of elite command of the apparatuses of government is readily apparent and unmistakable in its expression, particularly as regards the twentieth-century American economy.

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Politics

Tuesday, March 05, 2013

Is the U.S. Becoming a Banana Republic / Politics / US Politics

By: Michael_Pento

It is sad to say there are just two reasons why the U.S. is not yet a banana republic.  The first reason is that the US dollar has not yet lost its world’s reserve currency status, which is helping to keep interest rates at record low levels.  If the dollar, yen and euro were not involved in a currency war, the dollar’s intrinsic decline would become much more evident, causing domestic inflation to soar, and our bond market to immediately collapse. 

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Politics

Tuesday, March 05, 2013

Does The European Union Exist? / Politics / European Union

By: Andrew_McKillop

IMPORTANT TO WHO?
The justifiably almost forgotten early 19th century French economist Frederic Bastiat is sometimes painted as an "early Austrian School" thinker - but his theories and one-liner aphorisms are also used to defend the various forms and types of "European Union". This started in the early 1950s, to organize iron, steel and coal production - all of them now Sunset Industries, in Europe. The idea of "Union" by 1956, had morphed into Euratom and the lure of almost-free and of course clean and safe nuclear power for every European. Nuclear power, today, is also something of a Sunset Industry. The first European customs and tariff union, with a few add-on political gimmicks was created the same year, in 1956, and called the Rome Treaty.

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Politics

Monday, March 04, 2013

Ron Paul - Sequester 'Crisis', What Should Be Done / Politics / US Politics

By: Dr_Ron_Paul

Despite what the media and politicians would have us believe, the United States did not collapse last Friday when the package of spending reductions known as "sequestration" went into effect. The financial markets hardly blinked, as they have come to be more skeptical about these periodic government-hyped "crises."

What had been portrayed as a drastic reduction in government spending was merely a decrease in the projected rate of increase in government spending over the next decade. Under sequestration, government spending increases by $2.4 trillion over the next 10 years rather than $2.5 trillion without it.

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