Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Monday, November 15, 2010
Deflation, Inflation and Goldman Sachs Role in Quantitative Easing Explained / Politics / Quantitative Easing
What the Federal Reserve is up to, and how we got here and why.Read full article... Read full article...
Sunday, November 14, 2010
Poverty in America, The Big Picture / Politics / US Politics
In America’s Financial Apocalypse, a book that has been banned by the media, I discussed the many flaws in the calculation of poverty levels within the U.S. First, let’s have a look at some excerpts from the book.
Read full article... Read full article...
Sunday, November 14, 2010
Plagiarism? George Bush Book 'Decision Points' Lifted From Advisers' Books / Politics / US Politics
Ryan Grim writes: When Crown Publishing inked a deal with George W. Bush for his memoirs, the publisher knew it wasn't getting Faulkner. But the book, at least, promises "gripping, never-before-heard detail" about the former president's key decisions, offering to bring readers "aboard Air Force One on 9/11, in the hours after America's most devastating attack since Pearl Harbor; at the head of the table in the Situation Room in the moments before launching the war in Iraq," and other undisclosed and weighty locations.
Read full article... Read full article...
Saturday, November 13, 2010
Dr Bernanke Gets a Phone Call From Capitalist China / Politics / Central Banks
Zhou Xiaochuan is the Governor of the People’s Bank of China. Imagine that the following phone call were to take place.
Zhou: Hello. Dr. Bernanke?
Read full article... Read full article...
Saturday, November 13, 2010
Turning the United States into a Police State, Face Crime / Politics / US Politics
Doug Hornig, Editor, Casey’s Extraordinary Technology writes: In late September, there was a modest gathering of law enforcement officers, military personnel, and mental health professionals in the small western New York town of Hamburg. It was totally ignored by the mainstream media, with just a reporter from the Buffalo News on hand to record the proceedings. Lucky for us.
Read full article... Read full article...
Saturday, November 13, 2010
Stealth Bombers Seen Before Mystery Missile / Politics / Conspiracy Theory
Missile launched of the coast of LA and the pentagon says they know nothing? People are reporting seeing bombers right before the launch.
Read full article... Read full article...
Saturday, November 13, 2010
Jamie Dimon and Robert Rubin: Evasive on "Fraud as a Business Model" / Politics / Credit Crisis 2010
Foreclosure fraud isn't about losing paperwork or having incorrect paperwork. It is about committing fraud and trying to manipulate the U.S. legal system. No one -- not even a bank -- can show up in court with phony evidence.
State Attorneys General decry foreclosure fraud, because among other things, people signed affidavits making representations that were untrue. This is fraud on the court. All of these foreclosures may be vacated.
Read full article... Read full article...
Friday, November 12, 2010
Deficit Reduction Plan Promises Painful Prescription For U.S. / Politics / Economic Austerity
Don Miller writes: A bipartisan White House commission this week announced a sweeping proposal to slash the federal deficit by hundreds of billions of dollars a year by taking aim at virtually every sacrosanct area of U.S tax and spending policy, including Social Security and Medicare, middle-class tax breaks and defense spending.
Read full article... Read full article...
Friday, November 12, 2010
Demise of United States is Over Hyped / Politics / US Politics
Right now, the most crowded trade on the planet is the bet against the dollar and the US.In my view, those that believe the dollar will become trash have gotten carried away. When Warren Buffet was a young man, his father was terrified of just this. Granted, you would have been better to invest in stocks for the past 60/70 years but the dollar has not collapsed in the way he feared. On the contrary, it is now more pivotal to the world's economy rather than less and here are a few reasons I believe it will be around for another 70 years at least:
Friday, November 12, 2010
China India Growing Space Rivalry / Politics / GeoPolitics
SITUATION: China has directed a $13 million loan to Pakistan toward a joint communications satellite project, while space cooperation between America and India reaches new levels of sophistication.
Read full article... Read full article...
Friday, November 12, 2010
Today's United States of America is a Seventeenth Century Nation Adorned with 21st Century Trinkets / Politics / US Politics
The mythical United States of America so highly lauded exists nowhere. It is a Shangri-la. The Preamble of the Constitution makes perfectly clear what kind of nation the United States was meant to be. What exists today fulfills none of those goals. Some have argued that the nation was a fraud from day one. Whether accurate or not, what is clear is that it most certainly was quickly murdered by John Marshall, Chief Justice of the Supreme Court, who wrote the decision known as Marbury v. Madison. Since that day, the Court has replicated England's seventeenth century political economy absent only the monarchy. Today's United States of America is a seventeenth century nation adorned with twenty first century trinkets, many deadly. Instead of being as it claims "the leader of the free world," it is a backward authoritarian pre-enlightenment reactionary regime.
Read full article... Read full article...
Thursday, November 11, 2010
U.S. Banks Will be Seeking Another Tax Payer Bailout / Politics / Credit Crisis Bailouts
John Downs writes: As a mortgage broker during the manic years of the housing boom, I witnessed reckless financial practices on a wide scale. As a result, I was not surprised by the "robo-signing" mess that now threatens the mortgage sector. Unfortunately, the scandal is only a small tip of the iceberg that threatens to take down the entire US banking system.
Read full article... Read full article...
Thursday, November 11, 2010
Is David Cameron a Socialist? Time for a Tea Party for Britain ? / Politics / UK Politics
The Tea party movement in America spontaneously grew throughout 2009 in response to both Bush and Obama laws that have squandered trillions and sought to increase the size of the Federal government which culiminated in many tea party candidates winning seats under the Republican banner in the November Mid-term elections.
Read full article... Read full article...
Thursday, November 11, 2010
George W. Bush's "Decision Points" 497 Page Excuse for War Crimes and Torture / Politics / US Politics
Andrei Fedyashin writes: All political memoirs are, to some extent, an exercise in self-justification, especially those by presidents and prime ministers - an obvious point, but true nonetheless. The original idea behind memoirs was to provide thoughtful reflection on past events and actions. Now they function more like a preemptive strike. Politicians use their memoirs to define their role in history before historians do it for them.
Read full article... Read full article...
Thursday, November 11, 2010
Google Got Flack Over Leaked Diaoyu/Senkaku Sino-Japanese Boat Clash Videos / Politics / GeoPolitics
The video of the infamous collision between Japanese coastguard vessel and a Chinese fishing boat off the disputed Diaoyu or Senkaku Islands in September was recently leaked and surfaced on YouTube (below).
From the YouTube video, the Chinese fishing boat--Minjinyu 5179--collided twice with Japanese coast guard ships Yonakuni, and another collision with patrol boat the Mizuki. The whole footage was 44-minute long, and only the actual collision part is posted here.
Read full article... Read full article...
Thursday, November 11, 2010
Tea Party Fraud, True Bature of the Latest Political Scam Artists / Politics / US Politics
With the 2010 general elections over, attention shifts – as it always does following each election – to consideration of the next presidential steeplechase. "Who’s it gonna be?, who’s it gonna be?, who’s it gonna be?," is the refrain already begun on CNN, Fox News, MSNBC, and other directors of the Boobeoisie Chorus. For a politically-centralized society to maintain its pyramidal structure, it is essential that men and women be constantly reminded of their subject status. An ongoing curiosity as to the identity of their future masters keeps their minds from wandering to more important matters.
Read full article... Read full article...
Wednesday, November 10, 2010
A Primer on Natural Resources and the Environment / Politics / Environmental Issues
There is a fundamental fact about the world that has profound implications for the supply of natural resources and for the relationship between production and economic activity on the one side and man's environment on the other. This is the fact that the entire earth consists of solidly packed chemical elements. There is not a single cubic centimeter either on or within the earth that is not some chemical element or other, or some combination of chemical elements. Any scoop of earth, taken from anywhere, reveals itself upon analysis to be nothing but a mix of elements ranging from aluminum to zirconium. Measured from the upper reaches of its atmosphere 4,000 miles straight down to its center, the magnitude of the chemical elements constituting the earth is 260 billion cubic miles.
Read full article... Read full article...
Wednesday, November 10, 2010
Will G20 Take a Collective Stand on Capital Controls? / Politics / Global Financial System
Kavaljit Singh writes: Leaders of the G20 will meet in Seoul on Nov. 11 and 12 to discuss a myriad of issues concerning global financial stability and economic recovery. In many ways, the G20 Seoul Summit is significant because for the first time it is hosted by a non-G8 nation and one in Asia too.
The two-day Seoul summit covers an expansive agenda, ranging from global safety nets to new rules on bank capital and liquidity requirements to reforming the International Monetary Fund (IMF).
Read full article... Read full article...
Wednesday, November 10, 2010
World Bank Head Calls for Monetary System Linked to Gold / Politics / Global Financial System
In the run-up to the G20 summit of leading economies, to be held Thursday and Friday in Seoul, the president of the World Bank has published a column in the Financial Times calling for a fundamental revamping of the global currency system involving a lesser role for the US dollar and a modified gold standard. The Financial Times underscored the significance of the column by making it the subject of its front-page lead article on Monday.
Read full article... Read full article...
Wednesday, November 10, 2010
Time To Act: A Campaign To Jail Wall Street Fraudsters / Politics / US Politics
“I’ll have the Chateau Mouton-Rothschild from 1982,” a Wall Street investment banker recently told his waiter at the latest and greatest shi-shi restaurant in Greenwich Village.
“Yes sir, but I want you to know, the cost is $$3,950,” according to the New York Times.