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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, August 06, 2012

U.S. China Conflict, We're Not Saber Rattling, We're Simply Connecting the Dots / Politics / New Cold War

By: Money_Morning

Best Financial Markets Analysis ArticleWilliam Patalon III writes: I love it when our readers take the time to drop us a note. It's tells me they're not only reading but actually care enough to be engaged.

A Money Morning subscriber named Peter M. is one of those folks.

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Politics

Monday, August 06, 2012

U.S. Says Iran Violates International Obligations, What Are International Obligations? / Politics / US Politics

By: Danny_Schechter

Best Financial Markets Analysis ArticleWhat are “international obligations?  Does the United States have to uphold them along with other counties? Does Washington even know they are defined as “obligations owed by states to the international community as a whole, intended to protect and promote the basic values and common interests of all.” By this very definition, no one state can decide what’s best for all.

When the United States stepped up its sanctions on Iran last past week, it cited Iran’s failure to adhere to its “international obligations.” There was, of course, no reference to domestic politics where President Obama, under attack from adversary Mitt Romney, criticized his failure to stop Iran’s nuclear program.

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Politics

Monday, August 06, 2012

The Political Significan​ce of Gore Vidal / Politics / US Politics

By: BATR

Best Financial Markets Analysis ArticleThe Gore Vidal legacy encompasses his numerous novels, literary writings, plays and essays. Few 20th century authors can match the volume of his compositions and consistency in the quality of his thoughts. If one can ignore his anti-religious beliefs and get past his complex sexuality, one can justly focus on the significance within his political viewpoints. Not since Oscar Wilde, has there been a man of letter with comparable wit and ridicule, that capsulated the age of his lifetime. Based upon a keen command of history and a flare for original insights, Vidal was the master political polemicist.

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Politics

Monday, August 06, 2012

Fallacies of Pearlstein's WaPo op-ed on Glass-Steagall / Politics / Credit Crisis 2012

By: ECB_Watch

Best Financial Markets Analysis ArticleWhile not an expert on banking legislation, I've come across sufficiently visible fallacies in rejecting the notion that the repeal of Glass-Steagall was a factor of crisis, I felt confident enough to write a post describing them (jump to 'Also see'). The Washington Post now publishes an article by Steven Pearlstein repeating the same fallacies: 'Let's shatter the myth on Glass Steagall' (WP). Both Sorkin and Pearlstein are recipient of prestigious awards (Gerald Loeb and Pulitzer).

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Politics

Monday, August 06, 2012

GDP Growth Statistical Nonsense, The Unseen Hand / Politics / Economic Statistics

By: Alasdair_Macleod

The assessment of economic growth based on Gross Domestic Product is a fallacy, because GDP is merely a measure of the amount of money in an economy. The one thing it does not measure, which is central to economic progress (note progress, not growth), is the level of entrepreneurial activity. This has important implications for the efficacy of government interventions and solutions to the current economic crisis.

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Politics

Monday, August 06, 2012

Firearms A Virus in the Lifeblood of America / Politics / US Politics

By: Michael_T_Bucci

Best Financial Markets Analysis ArticleSeveral weeks ago on a Friday, Americans were shocked awake by a mass massacre in Aurora, Colorado. Two weeks after, on a Sunday, Americans awoke to a sequel played-out at a Sikh Temple in Wisconsin. These are dubbed "mass murders" by law enforcement, the politicians and media. The Sikh massacre on the fifth of August was quickly labeled of a "domestic terrorism-type", with no supporting evidence given by the FBI. One comment left by a poster at Reuters pointed out that while this rampage occurred and received media-wide coverage, five murders were committed in Chicago that very morning and received little media coverage. Anyone who lives in or near an urban center in America knows the truth about underreported murders.

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Politics

Monday, August 06, 2012

Who do You Trust? President? Congress? Treasury Secretary? Federal Reserve? / Politics / US Politics

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis Article“All the world is made of faith, and trust, and pixie dust.”J.M. Barrie – Peter Pan

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."Lord Acton

Who do you trust? Do you trust the President? Do you trust Congress? Do you trust the Treasury Secretary? Do you trust the Federal Reserve? Do you trust the Supreme Court? Do you trust the Military Industrial Complex? Do you trust Wall Street bankers? Do you trust the SEC? Do you trust any government agency or regulator? Do you trust the corporate mainstream media? Do you trust Washington think tanks? Do you trust Madison Avenue PR maggots? Do you trust PACs? Do you trust lobbyists?

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Politics

Sunday, August 05, 2012

India’s Secret Nuclear Weapons Program / Politics / India

By: Global_Research

Marya Mufty writes: If there was any arms race in the region, India has won it, at whatever the cost may be. But the claims to have good neighbourly relations, with MFN-status, no-war pact or no-first-use nuclear arsenal are just a dream seemingly never to come true.

In April this year India yanked open the door of the exclusive ICBM (International Ballistic Missile) club with the first test of Agni-V. Now, if DRDO is to be believed, India has quietly gate-crashed into an even more exclusive club of nuclear-tipped submarine-launched ballistic missiles (SLBMs). The most ironic part of this achievement on part of India is that New Delhi had been able to successfully keep it as a secret ‘black project’.

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Politics

Sunday, August 05, 2012

U.S. Jobs Report: More Lies From “our” Big Brother / Politics / Economic Statistics

By: Paul_Craig_Roberts

In his report on the Bureau of Labor Statistics’ latest jobs and unemployment report, statistician John Williams (shadowstats.com) writes: “The July employment and unemployment numbers published today, August 3rd, were worthless and likely misleading. . . . Suspecting at one time that the jobs numbers were being rigged against him by his own Bureau of Labor Statistics (BLS), President Richard M. Nixon proposed a new approach to reporting the numbers. Although the proposed changes never were implemented, several decades later the BLS adopted reporting methods that were somewhat parallel to the late president’s thinking.”

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Politics

Saturday, August 04, 2012

ECB Bazooka Economics / Politics / Central Banks

By: Stephen_Lendman

Best Financial Markets Analysis ArticleDid he or didn't he? ECB president Mario Draghi promised "whatever it takes." Great expectations arose. August 2 was D-Day.

Fizzle followed sizzle. Bazooka plans stalled. More on Draghi's pronouncement below and what it means.

Europe's economy is broken. Monetary intervention solved nothing. Core problems fester and grow. Contagion spreads everywhere. Effective solutions are absent.

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Politics

Friday, August 03, 2012

The Economic Austerity Hoax / Politics / Economic Austerity

By: Stephen_Lendman

Best Financial Markets Analysis ArticleSince 2008, Western nations have force-fed their people austerity poison. Decline replaces prosperity. Millions suffer. Living standards deteriorate. Societies become no longer fit to live in.

Neoliberal and imperial priorities let essential public needs go begging. How much more people will take before erupting remains to be seen.

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Politics

Friday, August 03, 2012

Central Banks Have Now Been Revealed to be Impotent! / Politics / Central Banks

By: Sy_Harding

Best Financial Markets Analysis ArticleThis week central banks and euro-zone officials showed us that is the predicament they’re in.

In the U.S. the Federal Reserve, repeatedly threatened by a stumbling economic recovery, has fired off rounds of quantitative easing each time, accompanied by considerable hullabaloo. The effect was limited, the menace soon returning. And it’s become debatable whether firing off the quantitative easing was itself helpful, or if the temporary reprieve each time was just due to the hope raised by the accompanying rhetoric.

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Politics

Thursday, August 02, 2012

Corporatist Coup d'Etat Led By Think Tanks, Democracy Sold to the Highest Bidder / Politics / US Politics

By: Jesse

“The mess we’re in now did not begin on Wall Street. Long before the financial collapse, the dismantlement of government regulation was well under way. All the consequences are the result of a brilliantly executed coup. This is the story of the biggest heist in American history.”

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Politics

Thursday, August 02, 2012

Angela Merkel Will NOT Lose Germany’s AAA Status Before Her Re-election / Politics / Eurozone Debt Crisis

By: Graham_Summers

Best Financial Markets Analysis ArticleHere’s a story you might not have heard… In some areas of Germany, you can once again use Deutsche Marks as legal tender:

Who Needs the Euro When You Can Pay With Deutsche Marks?

Shopping for pain reliever here on a recent sunny morning, Ulrike Berger giddily counted her coins and approached the pharmacy counter. She had just enough to make the purchase: 31.09 deutsche marks.

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Politics

Thursday, August 02, 2012

Obama Tells Entrepreneurs "You Didn't Build That" / Politics / US Politics

By: MISES

Best Financial Markets Analysis ArticleGary Galles writes: President Obama's "you didn't build that" statement to successful business owners has created a serious backlash. In rebuttal, his defenders point to his more complete statement for "clarification":

If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business, you didn't build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.

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Politics

Wednesday, August 01, 2012

Geithner Calls on Europe and Congress to Spur Economic Growth / Politics / Economic Stimulus

By: Bloomberg

Best Financial Markets Analysis ArticleBLOOMBERG TV EXCLUSIVE: Treasury Secretary Tim Geithner spoke with Bloomberg Television's Peter Cook from Los Angeles last night, where he discussed the European debt crisis and the U.S. economy.

Geithner said that European leaders must take steps including "bring down interest rates in the countries that are reforming and making sure those banking systems can provide the credit those economies need." He also said that "they are committed to doing what's necessary to hold the European Union together" and "I absolutely believe they have the means to do it."

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Politics

Wednesday, August 01, 2012

Escape From Economics / Politics / Economic Theory

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleReaders ask me from time to time to recommend a book from which they can learn about economics.

The problem with reading a book to learn economics that is taught in the universities and practiced in Washington is that economics is now a highly formalized subject based on abstract models and assumptions and has been mathematized. It is not that the subject is totally useless and without any applicability to real world problems. Rather, the problem is that the discipline both lags an ever-changing world and got some things wrong at the beginning. Consequently, learning economics places one inside a box where some of the tools and understanding provided are outdated and incorrect.

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Politics

Wednesday, August 01, 2012

The Record of Olympic Economics / Politics / Government Spending

By: BATR

Best Financial Markets Analysis Article

As the world economy plunges and the financial markets debate the future of EU, the London Olympics provide a pretext to take a holiday and party all night. The latest example of excess and self-absorbed haughtiness, promotes an agenda of internationalism. The spirit of the games is less about sportsmanship than promotion of indoctrination. The cost to produce such an extravaganza approaches sums that necessitate a bailout from the IMF. The article, Winner's curse? The economics of hosting the Olympic Games, illustrates a disturbing cost for hosting the Games.

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Politics

Tuesday, July 31, 2012

Justice Roberts is Right: Obama Healthcare Plan Won't Work / Politics / US Politics

By: Peter_Schiff

Best Financial Markets Analysis ArticleNow that the Supreme Court has given its narrow blessing to the Affordable Care Act, the big question is whether it will deliver the benefits that its proponents promise. Unfortunately, as it is now constructed, the plan will backfire causing fewer healthy people to buy insurance, raise premiums for those who do, destroy employment opportunities, cripple the health insurance industry, and weaken the economy.

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Politics

Tuesday, July 31, 2012

The Ignorance of “Intelligence” / Politics / US Politics

By: Danny_Schechter

Best Financial Markets Analysis ArticleSome years ago, I meet a major in American intelligence, a member of the “Red Cell Unit.”

As he explained it to me, his unit was actually charged with assessing other spy shops by offering other views, critiquing intelligence estimates and perhaps even evaluating security systems like the specialists who test airport systems by probing for their soft spots and vulnerabilities, and seeing if they can beat them.

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