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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Sunday, December 26, 2010

Ernst & Young Charged with Collusion in Lehman's Fraud / Politics / Credit Crisis 2010

By: Barry_Grey

Best Financial Markets Analysis ArticleNew York Attorney General Andrew Cuomo filed a civil suit Tuesday in the state’s Supreme Court charging the giant accounting firm Ernst & Young with complicity in massive fraud committed by Lehman Brothers in the months leading up to the investment bank’s September 2008 collapse.

In a statement, Cuomo said that Lehman used an accounting gimmick that “was a house of cards business model designed to hide billions in liabilities in the years before Lehman collapsed.” He continued, “Just as troubling, a global accounting firm, tasked with auditing Lehman’s financial statements, helped hide this crucial information from the investing public.”

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Politics

Sunday, December 26, 2010

I Like Ebeneezer Scrooge, A Revisionist Look at Dickens / Politics / Social Issues

By: Butler_Shaffer

Best Financial Markets Analysis ArticleMy interest in Charles Dickens’ A Christmas Carol began one Christmas eve when, as a small child, my parents turned on network radio to listen to what, even then, had become a classic Christmas eve festivity: Lionel Barrymore’s presentation of the Dickens story.

Radio was a medium that required the imagination to paint scenes far more colorful, and to concoct monsters far scarier, than anything motion pictures or television have ever been able to present. With radio, the listener was the stage designer, costumer, and location director.

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Politics

Sunday, December 26, 2010

The Economic Lessons of Bethlehem and Christmas / Politics / Social Issues

By: LewRockwell

Best Financial Markets Analysis ArticleAt the heart of the Christmas story rests some important lessons concerning free enterprise, government, and the role of wealth in society.

Let's begin with one of the most famous phrases: "There's no room at the inn." This phrase is often invoked as if it were a cruel and heartless dismissal of the tired travelers Joseph and Mary. Many renditions of the story conjure up images of the couple going from inn to inn only to have the owner barking at them to go away and slamming the door.

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Politics

Sunday, December 26, 2010

NHS Hospitals Productivity Falls For a Decade by 1.4% Per Year Despite 70% Budget Increase / Politics / NHS

By: Submissions

Best Financial Markets Analysis ArticleNAO writes: Hospital productivity has fallen over the last ten years, according to the National Audit Office. Over the period since the ‘NHS Plan’ in 2000 there have been significant increases in hospital funding, to deliver improvements in the patient care, and designed in part to increase productivity. Hospitals have used their increased resources to deliver against national priorities, but they need to provide more leadership, management and clinical engagement to optimise the use of additional resources and deliver value for money.

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Politics

Friday, December 24, 2010

Economics Is Simple But The Fat Cats Want You to Think It's Complicated So That You Won't Demand Change / Politics / Economic Theory

By: Washingtons_Blog

Best Financial Markets Analysis ArticleEconomics and finance seem like complicated topics, and so many people "leave it to the experts".

However, these topics are actually simple, and if people hear a clear explanation, they will be able to form an opinion about our current economy and the government's response to economic challenges.

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Politics

Friday, December 24, 2010

Global Economic Crisis Triggers Debt Driven Suicides in India / Politics / Global Debt Crisis

By: Global_Research

Best Financial Markets Analysis ArticleKavaljit Singh writes: The recent suicides by over 60 poor borrowers in the Indian state of Andhra Pradesh have brought the operations of microfinance institutions (MFIs) under public scrutiny. It is well documented by both print and electronic media that these debt-driven suicides were due to coercive methods of loan recovery used by commercial MFIs. The commercial MFIs operate as profit-making non-banking financial corporations (NBFCs) in India.

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Politics

Friday, December 24, 2010

Bernanke Is Untouchable, Except by Ron Paul and the Internet / Politics / Central Banks

By: Gary_North

Best Financial Markets Analysis ArticleBen Bernanke has an overwhelming majority on the Federal Reserve System's Open Market Committee (FOMC), which meets every six weeks to set Federal Reserve policy. There is only one dissenter, Thomas Hoenig, who consistently votes against any expansion of the FOMC's asset purchases, meaning any expansion of the FED's balance sheet: the monetary base. The vote is consistently 10 to 1.

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Politics

Friday, December 24, 2010

UK Worst Cancer Survival Rates Due to NHS GP's Ignoring Symptoms and Delaying Diagnoses / Politics / NHS

By: N_Walayat

Best Financial Markets Analysis ArticleAn international study of 2.4 million people published in the Lancet has revealed that Britain lags far behind most other western countries in terms of cancer survival rates for Breast, Bowel Ovarian and lung cancers with the blame being firmly placed on delayed / late diagnoses by NHS GP's.

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Politics

Thursday, December 23, 2010

Mistletoe – Proof That Miracles Do Happen in Free Markets / Politics / Social Issues

By: LewRockwell

Mark Roberts writes: Happy holidays, solstice and new year! Today, I witnessed a miracle of free markets in progress. It made me feel great to witness it, and I want to share the account with all who would like to feel great, too.

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Politics

Thursday, December 23, 2010

On Obama's Failure To Carry Out His Elected Mandate To Reform / Politics / US Politics

By: Jesse

"First is the danger of futility; the belief there is nothing one man or one woman can do against the enormous array of the world's ills -- against misery, against ignorance, or injustice and violence. Yet many of the world's great movements, of thought and action, have flowed from the work of a single man. A young monk began the Protestant reformation, a young general extended an empire from Macedonia to the borders of the earth, and a young woman reclaimed the territory of France. It was a young Italian explorer who discovered the New /world, and 32 year old Thomas Jefferson who proclaimed that all men are created equal. "Give me a place to stand," said Archimedes, "and I will move the world."

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Politics

Wednesday, December 22, 2010

Britain's Police State, UK Adopts Chinese Model of Policing Protests? / Politics / UK Politics

By: Global_Research

Best Financial Markets Analysis ArticleNathan Allonby writes: CCTV has led to large scale arrests, following the recent student protests in London, over increased tuition fees. A total of over 180 people have been arrested, with the majority identified by CCTV.

The current arrests very much represent a landmark - we are now equipped for the Chinese approach to public order, in almost a complete reversal previous British policing.

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Politics

Wednesday, December 22, 2010

Fascism and Economic Collapse, Argentina's Past is America's Future / Politics / US Politics

By: Ron_Holland

Best Financial Markets Analysis ArticleThere are many ominous parallels between Argentina and the U.S. and the question often asked is can America avoid the economic consequences that Argentina suffered from a fascist government combined with government debt and currency collapse? I believe the answer is likely NO!

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Politics

Wednesday, December 22, 2010

Fatally Flawed End the Fed Campaign Would Allow Congress to Print Money / Politics / US Politics

By: Mike_Shedlock

Best Financial Markets Analysis ArticleRepresentative Dennis Kucinich has introduced a bill to end the Fed. Unfortunately his proposal grants Congress ability to create money at will for virtually any purpose. Kucinich specifically mentions full employment, stabilizing social security, and to "lend new money into circulation as authorized by Congress and to provide means for public investment in capital infrastructure".

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Politics

Tuesday, December 21, 2010

Reaganomics / Politics / US Politics

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleI admire Robert Reich, because he has a social conscience. However, if I were writing about the current Republican/Obama tax cut, I would not help the Republicans put Ronald Reagan’s name on it. Outside of progressive circles, which reflexively blame Reagan, the 40th president is still popular, because the 1980s were the last of the good times. Who prefers 21st century America to the Reagan 1980s?

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Politics

Tuesday, December 21, 2010

Korea Steps Back From The Brink / Politics / North Korea

By: Mike_Whitney

Best Financial Markets Analysis ArticleRealizing that its plan to intimidate North Korea has backfired and brought the peninsula to the brink of war, the Obama administration is now looking for ways to ease tensions. But South Korea's tough-talking President Lee Myung-bak has decided to go ahead with the controversial artillery tests on Yeonpyeong Island and risk a resumption of hostilities. The North has warned that if the drills proceed, they will respond with a "counterattack....that would be deadlier than the strike on Nov. 23."

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Politics

Tuesday, December 21, 2010

Distorting the Tax Policy Debate / Politics / US Politics

By: Dr_Ron_Paul

George Orwell warned us about the use of “meaningless words” in politics, words that are endlessly repeated by sloganeering politicians until they have no meaning at all. Meaningless words certainly were on display during last week’s congressional debate over the latest tax bill.

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Politics

Tuesday, December 21, 2010

The Smearing of Ron Paul by Paul Krugman / Politics / US Politics

By: William_Anderson

Best Financial Markets Analysis ArticleWhen the Republicans retook the U.S. House of Representatives last November, it meant that Ron Paul would be in line to chair the subcommittee that oversees the Federal Reserve System. Despite the intense lobbying by Ben Bernanke and others who loathed the prospect of Rep. Paul being able to subpoena them to appear before Congress and then to ask them pointed questions about their secret operations, the Republican leadership still gave Rep. Paul his rightful position.

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Politics

Tuesday, December 21, 2010

US Wealth Distribution, Where Zombies Go to Feast / Politics / US Economy

By: Bill_Bonner

Best Financial Markets Analysis ArticleA warning… Bad stuff coming!

We’ve come to the warm latitudes for our Christmas holiday. Your editor didn’t really want to do so. He travels so much for business, he longed to stay home for Christmas. He imagined himself sitting in front of the fire…happily drinking eggnog and eating fruitcake. Or, cutting down trees and mending fences.

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Politics

Tuesday, December 21, 2010

Why the United States of America is Broke Due to Out of Control Defense Spending / Politics / Government Spending

By: Mike_Shedlock

Best Financial Markets Analysis ArticleExplaining why America is broke is rather simple. All we have to do is look at two separate and distinct problem areas: public unions and defense spending, then generalize the problem. Let's start with a look at defense spending.

Here's an article on Foreign Affairs magazine by William Pfaaf making a solid case How Militarism Endangers America . The article is subscription, but a decent sized synopsis and lead-in follows:

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Politics

Monday, December 20, 2010

Wall Street Wealth Bailout, The Bernank Who Stole Christmas / Politics / Credit Crisis 2010

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis ArticleBen Bernanke is a highly educated PhD from Princeton who has never worked a day in the real world since he graduated from college in 1975. His entire life has been spent in the ivory tower of academia surrounded by models and theories that work perfectly in the comfort of his office. After building his reputation as an "expert" on the Great Depression by studying it and reaching the wrong conclusions, he came down from his ivory tower in 2002 to join an organization that has systematically destroyed the value of the US currency, thereby undermining the well being of the once vibrant middle class.

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