Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Friday, March 12, 2010
Greek Bailout Arrives with Bells On / Politics / Global Debt Crisis
By: Trader_Mark
US banks, Fannie, Freddie, AIG, Dubai, Greece... let us keep this moral hazard party going. It's official.
If you are following along at home...
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Friday, March 12, 2010
FDIC Guarantee is just an "illusion", How Safe Is Your Bank, Really? / Politics / Credit Crisis 2010
By: EWI
Our FREE report reveals why the FDIC guarantee is just an "illusion"
Friday, March 12, 2010
Government Media Complex Manipulated Statistics, The Greatest Show on Earth / Politics / Market Manipulation
By: Andy_Sutton
For many years the title of ‘Greatest Show on Earth’ belonged to Ringling Brothers and its travelling circus. I had the pleasure of seeing the extravaganza for the first time about a year ago and was amazed at the talent of the performers, their skills, and the hours and hours of practice time that went into making everyone sit on the edge of their seats for the better part of two and a half hours.
Friday, March 12, 2010
Washington Must Ban U.S. Credit Derivatives: Games and Gold (Part 2) / Politics / Credit Crisis 2010
By: Janet_Tavakoli
In an earlier post, I wrote that Congress should act immediately to abolish credit default swaps on the United States, because these derivatives will foment distortions in global currencies and gold. Credit defaults swaps on the United States currently settle in euros, but there is talk of creating new contracts calling for settlement in gold. This is just a trial balloon discussion at the moment, but it is one that Congress should immediately deflate along with all credit derivatives on the United States.
Friday, March 12, 2010
European Debt Crisis Politicians Blaming the Short Selling Messengers / Politics / Global Debt Crisis
By: Mike_Larson
Okay, stop me if you’ve heard this one …
You have an entity that took on too much debt. It cooked its books. It failed to get its fiscal house in order. Its “executives” repeatedly refused to take the necessary steps to rein in risk.
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Friday, March 12, 2010
The Economic Stimulus Scam / Politics / Economic Stimulus
By: MISES
Antony P. Mueller writes: The recent improvement of the global economy, with particularly high economic-growth numbers for the United States, is just one more deception in a long series of deceptions that have plagued policy makers and investors. While official statistics register a rising gross domestic product, the long-term production potential of many economies around the world is actually contracting. The present economic expansion is brought about by massive stimulus policies. This kind of economic expansion does not constitute genuine economic growth.
Friday, March 12, 2010
New Banking Regulations … Same Old Story / Politics / Market Regulation
By: Money_Morning
Shah Gilani writes: U.S. banks, drunk with greed, drove the nation's economy to the brink of financial Armageddon.
To save U.S. banks from losing their license to dangle the nation's economy over a cliff, the U.S. Federal Reserve and the country's elected elite threw them a bailout party and gifted them with the accounting- world's version of "Transformers. "
Friday, March 12, 2010
Gerald Celente Forecasts Economic & Financial Crash of 2010 and Food Crisis / Politics / US Politics
By: Submissions
Gerald Celente in a 40 minute broadcast covers some of his long-term forecasts including a breakdown of social order, rioting, food crisis and global economic collapse as a consequence of the global sovereign debt crisis.
Friday, March 12, 2010
Workers, Socialization of Banking Debts and Crisis in Mexico / Politics / Mexico
By: Global_Research
Thomas Marois writes: A striking feature of the global financial crisis is the narrow and technical focus on banks and financial corporations without accounting for ordinary workers in these institutions and in society more broadly. Yet through the intensification of work, workers have also underwritten the profitability of finance. This has been generally ignored.
Thursday, March 11, 2010
United States of Foreclosure / Politics / US Politics
By: Danny_Schechter
Foreclosures Are Rising And Not Just Homeowbers Are Affected;
A Haitian Story: Loses Family Home In Earthquake, NY Home in “Bankquake”
Wednesday, March 10, 2010
The Two Sides on the Debate Over Government Spending / Politics / Government Spending
By: Tim_Iacono
We live in interesting times, times that are no doubt going to get much more interesting in the years ahead and, unfortunately, probably more violent.
The recent demonstrations on California college campuses following the Tea Party protests of last summer bring up the intriguing possibility that we could actually see protesters againstgovernment spending and for government spending face off against each other in the streets.
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Wednesday, March 10, 2010
Eurozone Governments Blame Greek Debt Crisis on Speculators Instead of Looking in the Mirror / Politics / Euro-Zone
By: Nadeem_Walayat
The heads of Germany, France and Greece are continuing to highly vocally blame financial speculators for Greece's debt financing woes. This clearly amounts to political propaganda in an attempt to ms-direct the eyes of their electorate away from those culpable in bringing the crisis about against rising debt financing and insurance costs which is a SYMPTOM of the crisis and not its cause.
Tuesday, March 09, 2010
Bifurcation of American Society Continues at Pace; Nearly Half Have Less than $10K for Retirement, / Politics / US Politics
By: Trader_Mark
A Quarter Less than $1K, but Millionaires Rebound Smartly
I won't get into all the dogmatic arguments that surround the massive income disparity in the US, we've discussed them in many other pieces. (frankly I think wealth disparity - rewarding generations for nothing more than having the right genes - is a much larger problem the income disparity) We must however understand "it is what it is" and Wall Street has entire thesis (plural?) built around it [Sep 7, 2009: Citigroup - America; A Modern Day Plutonomy]
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Tuesday, March 09, 2010
U.S. Addicted to Oil, An Ominous Drilling Sign for the Truth / Politics / Conspiracy Theory
By: Robert_Singer
The year is 2010 and to anyone not in denial, the industrialized nations have entered the greatest calamity the world has ever known:
- 35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969, and that’s before the Obama administration announced a planned three-year budget freeze on government discretionary spending. (My Budget 360)
Tuesday, March 09, 2010
U.S. Election 2010, Republican Power Bubble / Politics / US Politics
By: Stephen_Merrill
Forgetful of their own blown reputation, the more warfare end of the Republicrat Party is celebrating its looming ascendancy from this year’s federal elections. Nothing has changed in America's two-party politics, from the Republican point of view, despite the ongoing economic disaster. Republicans are going to crush Democrats in November no matter what because America’s economy continues to crumble under Obama’s rule just as it did under George Bush’s rule.
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Tuesday, March 09, 2010
Iceland Votes No to Repaying Icesave Debt to Britain and Netherlands / Politics / Credit Crisis 2010
By: Andrew_G_Marshall
People in Iceland have rejected their government's pledge to repay a debt of more than US$5 billion left by the collapse of Icesave Internet bank. 93 per cent of people voted “no” in a referendum.
Tuesday, March 09, 2010
Fraud, Mastered by the Criminal Banking Industry / Politics / Credit Crisis Bailouts
By: Mike_Stathis
I have discussed the financial industry on numerous occasions. My sentiment has not changed.
Those looking for some kind of investment “payday” should stay clear of the banks as an investment. The risk is still very high.
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Monday, March 08, 2010
Papandreou, Sarkozy, Merkel Blame Speculators, Sarkozy Says E.U. Must Support Greece or Risk Destroying Euro / Politics / Global Debt Crisis
By: Mike_Shedlock
When all else fails blame the speculators and the shorts. That is the action the Greek Prime Minister George Papandreou, French President Nicolas Sarkozy, and German Chancellor Angela Merkel took today.
Monday, March 08, 2010
From the Greenspan Put to the Kohn Put: Our Brilliant Central Bankers / Politics / Central Banks
By: Fred_Sheehan
Federal Reserve Vice Chairman Donald Kohn announced his retirement on March 1, 2010. In his obligatory lament, Federal Reserve Chairman Ben S. Bernanke was half right: "The Federal Reserve and the country owe a tremendous debt of gratitude to Don Kohn." What is good for the Fed is generally not good for the country. The influence of Donald Kohn supports this view.
Monday, March 08, 2010
Washington Must Ban U.S. Credit Derivatives as Traders Demand Gold / Politics / Credit Crisis 2010
By: Janet_Tavakoli
Congress should act immediately to abolish credit default swaps on the United States, because these derivatives will foment distortions in global currencies and gold. Failure to act now will only mean the U.S. will be forced to act after these "financial weapons of mass destruction" levy heavy casualties. These obligations now settle in euros, but the end game is to settle them in gold. This is so ripe for speculative manipulation that you might as well cover the U.S. map with a bull's-eye.