Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Thursday, June 17, 2010
The Crisis of Capitalism; Why the Socialists are Wrong / Politics / Economic Theory
Clearly international free market capitalism is the midst of the greatest long wave debt crisis in history; including government, corporate and personal debt. Overcapacity plagues virtually every industry around the globe from Taipei to Toledo to Timbuktu. Debt, overcapacity, and their impact on market prices are the key long wave winter season trends that have yet to run their course. The world now faces the final years of this long wave decline and winter season that will deliver global economic and financial upheaval until 2012.
Read full article... Read full article...
Thursday, June 17, 2010
Blaming the Eurozone Sovereign Debt Crisis on Malevolent Speculators / Politics / Global Debt Crisis
Malte Tobias Kahler writes: Many commentators (the majority of whom are not economists) blame the imminent crisis in the eurozone on malevolent speculators. I find it necessary to take up the cudgels on the traders' behalf and explain why they are not culpable for the current mess.
Read full article... Read full article...
Thursday, June 17, 2010
Humiliation and Shame, Part of Being Health Insured in America / Politics / Social Issues
Donna Smith writes: Oh, the things we did not fix in the healthcare bill are shocking. Just as seniors falling into the Medicare drug benefit donut hole begin to get the $250 checks meant to calm their fears about our new healthcare legislation, the rest of us would do well to remember the abuses of the for-profit healthcare system that will continue and even accelerate in the coming years.
Thursday, June 17, 2010
Afghanistan Resources War For Vast Reserves of Minerals and Natural Gas / Politics / Afghanistan
The 2001 bombing and invasion of Afghanistan has been presented to World public opinion as a "Just War", a war directed against the Taliban and Al Qaeda, a war to eliminate "Islamic terrorism" and instate Western style democracy. The economic dimensions of the "Global War on Terrorism" are rarely mentioned.
Read full article... Read full article...
Thursday, June 17, 2010
Albany New York’s Public Pension: Perfect Example of What’s Wrong in This Country / Politics / US Politics
New website reveals NY retirees' public pensions. We have the same kind of website in California, which confirms similar data on pay.Read full article... Read full article...
Wednesday, June 16, 2010
BP Gulf Oil Well Underground Ocean Floor Blowout Disaster Concern Video / Politics / Environmental Issues
Mainstream Media reports fears of Underground Casing Blowout and Subsurface Failures, with the likelihood of multiple oil leaks in the sea floor.
Read full article... Read full article...
Wednesday, June 16, 2010
Nurses are Right about the Problem, but Wrong about the Solution / Politics / Healthcare Sector
Last week, more than 14,000 nurses from Minnesota hospitals staged a 1-day walk-out as a sign of protest over excessive patient loads.
The nurses are right about staffing shortages and overloaded responsibilities.
However, their solution – hiring more nurses will add further costs pressures to America’s unsustainable healthcare bubble.
Read full article... Read full article...
Wednesday, June 16, 2010
Russian Perspective on the Kyrgyzstan Crisis / Politics / Russia
The UN Security Council is currently looking into the situation in Kyrgyzstan too. The UN promised to guarantee the delivery of food and medical help to Kyrgyz nationals through specially formed humanitarian corridors.
Read full article... Read full article...
Wednesday, June 16, 2010
Busted Governments, Pensions and Unions / Politics / US Politics
We are seeing the end of an era. The trade union movement in the United States has declined for the last 30 years. It is now in its final stages. The only area of the economy in which unions still have any degree of clout is in government. The union movement barely functions outside of government employment. Today, as states and municipalities face massive deficits, the union movement is threatened with destruction.
Read full article... Read full article...
Wednesday, June 16, 2010
Phantom Iranian Ship sails for Gaza / Politics / Middle East
Why are members of the western media saying that an Iranian ship is on its way to Gaza? Is it just an innocent mistake or is there something more sinister involved?
The first reports of an Iranian flotilla first appeared on Israeli news-sites late Sunday night. This (accurate report) is from the Jerusalem Post:
Tuesday, June 15, 2010
The Kyrgyzstan Crisis and the Russian Dilemma / Politics / GeoPolitics
Peter Zeihan writes: STRATFOR often discusses how Russia is on a bit of a roll. The U.S. distraction in the Middle East has offered Russia a golden opportunity to re-establish its spheres of influence in the region, steadily expanding the Russian zone of control into a shape that is eerily reminiscent of the old Soviet Union. Since 2005, when this process began, Russia has clearly reasserted itself as the dominant power in Armenia, Belarus, Kazakhstan, Azerbaijan, Kyrgyzstan, Tajikistan and Ukraine, and has intimidated places like Georgia and Turkmenistan into a sort of silent acquiescence.
Read full article... Read full article...
Tuesday, June 15, 2010
The Criminal Legacy of Alan Greenspan / Politics / Central Banks
Ryan McMaken writes: For those of us who were mere economics undergraduates in the 1990's, Alan Greenspan was rather like a god. Admittedly, the vision of Greenspan handed down to the undergrads by the faculty wasn't one of vulgar hero-worship. Greenspan's mumblings and evasions were, after all, treated with bemusement by the faculty. But, there was the feeling that Greenspan, for all his lack of clarity, seemed to understand things that the rest of humanity didn't understand, and there was indeed faith in the idea that he must possess almost supernatural powers in fine-tuning the economy to ensure economic prosperity indefinitely.
Read full article... Read full article...
Monday, June 14, 2010
Authoritarianism is Bad for Your Health / Politics / US Politics
The administration's terrible healthcare reform bill is now law, but the debate over how-- and whether-- the federal government should be involved in providing healthcare services is not over. It is not too late for America to correct its course and stop the march toward a government run, "single payer" healthcare system.
Read full article... Read full article...
Monday, June 14, 2010
Global Financial Crisis Could Lead to World War III / Politics / GeoPolitics
You know where I stand on just about all the markets. And not much has changed in them, or my views, since I spoke with you in my column last week, or even via my video update last Thursday.
So today I want to change things up a bit, and address a very important topic. One that scares the heck out of me, quite frankly … and one that I know many people are thinking about.
Read full article... Read full article...
Monday, June 14, 2010
BP's Gulf Of Mexico Disaster - Palinology Versus Geology / Politics / Crude Oil
Rooting for further onshore drilling in her Alaskan State, Sarah Palin had this to say against the environmentalists she judges almost exclusively responsible for BP's catastrophe:
Read full article... Read full article...
Monday, June 14, 2010
Putin Attacks Western Models of Democracy / Politics / Russia
Vladimir Putin gave a traditional interview to French journalists prior to his visit to Paris. In the interview, the chairman of the Russian government said that the Western model of democracy does not exist per se. Below you can read several most intersecting excerpts from Putin’s interview.
Read full article... Read full article...
Monday, June 14, 2010
The Tea Party and the Looming Financial Cataclysm / Politics / Government Spending
The phrase "Tea Party" is synonymous these days with the politics of spending cuts. The big one is the compulsory health insurance law. Tea Party people want it repealed. Yet in the grand scheme of things fiscal, that law is a drop in the tea cup.
Read full article... Read full article...
Sunday, June 13, 2010
Two Decades Of Debt Induced Greed Unraveling into the Greater Depression / Politics / US Debt
We are currently in the midst of a Fourth Turning. This twenty year Crisis began during the 2005 - 2008 timeframe with the collapse of the housing bubble and subsequent repercussions on the worldwide financial system. It is progressing as expected, with the financial crisis deepening and leading to tensions across the world. It will eventually morph into military conflict, as all prior Fourth Turnings have. The progression from High to Awakening through the Unraveling took from 1946 until 2006. The most treacherous period of the Saeculm is upon us.
Read full article... Read full article...
Sunday, June 13, 2010
Obama Orders Chump Change Federal Government Spending Cuts / Politics / Government Spending
Recently, in an attempt to look strong on spending and budget management, Obama orders cost-cutting, property sales.
Read full article... Read full article...
Sunday, June 13, 2010
NY State Shell Game - Municipalities Borrow from Pension Fund to make Required Pension Fund Contributions / Politics / US Debt
When it comes to pension funding schemes, NY governor David Paterson and the NY legislature have taken can-kicking to ever increasing levels of absurdity. Please consider State Plan Makes Fund Both Borrower and Lender.
Read full article... Read full article...