Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Monday, September 21, 2009
The Ballistic Missile Defense Decision and the Global System / Politics / GeoPolitics
The United States announced late Sept. 17 that it would abandon a plan for placing ballistic missile defense (BMD) installations in Poland and the Czech Republic. Instead of the planned system, which was intended to defend primarily against a potential crude intercontinental ballistic missile (ICBM) threat from Iran against the United States, the administration chose a restructured system that will begin by providing some protection to Europe using U.S. Navy ships based on either the North or Mediterranean seas.
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Monday, September 21, 2009
How the Bank Bailout Money is Being Used / Politics / Credit Crisis Bailouts
Michel Chossudovsky and Bonnie Faulkner write: Where is the bank bailout money ultimately going?
Michel Chossudovsky, interviewed by Bonnie Faulkner, Guns and Butter
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Monday, September 21, 2009
Welcome World to Pittsburgh: Time For More Than Yak at the G20? / Politics / Global Economy
Can Obama Help Forge A Global Consensus for Deep Economic Change?
Dear International Leaders and Guests,
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Monday, September 21, 2009
Trade Wars and Protectionism are Not Free Trade / Politics / Global Economy
Two weeks ago, both the administration and the Fed announced with straight faces that the recession was over and the signs of economic recovery were clear. Then last week, the president made a stunning decision that signals the administration’s determination to repeat the mistakes of the Great Depression.
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Monday, September 21, 2009
How Deregulation Trashed the US Economy and Government Intervention Became the Only Way Out / Politics / Credit Crisis 2008
Remember the panic-inducing headlines of 2008? Government Takes Over Troubled Mortgage Giants, Lehman Brothers Files for Bankruptcy, Bank of America Buys Merrill Lynch, and Stock Prices Plummet – that last one just as the government announced an $85 billion emergency loan to rescue insurance giant AIG. And that was just the beginning.
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Monday, September 21, 2009
Liberal Democrats to Tax the Rich Out of Britain with 0.5% Property Tax / Politics / UK Politics
One of the great things about being the third small party is that there is literally ZERO chance of becoming the next government, hence the party can announce ridiculous policies that pander to the masses but make little if any economic sense.
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Saturday, September 19, 2009
Afghanistan, Where Empires Go to Die / Politics / Afghanistan
Genghis Khan could not hold onto Afghanistan. Neither will the United States
On September 7 the Swedish aid agency Swedish Committee for Afghanistan reported that the previous week US soldiers raided one of its hospitals. According to the director of the aid agency, Anders Fange, troops stormed through both the men's and women's wards, where they frantically searched for wounded Taliban fighters.
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Saturday, September 19, 2009
For Britons, The Party Game Is Over / Politics / UK Politics
John Pilger writes: On the day Prime Minister Gordon Brown made his “major policy speech” on Afghanistan, repeating his surreal claim that if the British army did not fight Pashtun tribesmen over there, they would be over here, the stench of burnt flesh hung over the banks of the Kunduz River. Nato fighter planes had blown the poorest of the poor to bits. They were Afghan villagers who had rushed to siphon off fuel from two stalled tankers. Many were children with water buckets and cooking pots. “At least” 90 were killed, although Nato prefers not to count its civilian enemy. “It was a scene from hell,” said Mohammed Daud, a witness. “Hands, legs and body parts were scattered everywhere.” No parade for them along a Wiltshire high street.Read full article... Read full article...
Saturday, September 19, 2009
A Radical Solution for America's Insolvent Financial System / Politics / Credit Crisis 2009
The core problem of the United States' banking system (and maybe the world's banking system) is not liquidity but insolvency. The liabilities of the United States' banking system exceed the value of its assets. The issue is not only the toxic assets (toxic mortgage backed securities, toxic commercial real estate loans, sub-prime mortgages, alt-A loans, adjustable loans likely to go bust, increase in prime mortgage default rates, etc) but also off-balance sheet liabilities (such as expected huge unaccounted for future derivatives losses).
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Friday, September 18, 2009
Lehman Brothers Bankruptcy Revisited / Politics / Credit Crisis 2008
As we pass the one year anniversary of the fall of Lehman Brothers, journalists, politicians and market analysts have seized on the occasion to offer seemingly sober assessments of what went wrong and what went right in the lead up and aftermath of the biggest financial event since Black Tuesday.
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Friday, September 18, 2009
The Cold War Fraud / Politics / GeoPolitics
For fifty years after the end of World War II, the United States based much of its Cold War strategy on the principle that the Soviet Union thought nothing of nuclear annihilation. In order to counter the communist hordes from the east, the United States spent itself into insolvency building up its defense forces, both conventional and nuclear. American leaders spared no expense – in terms of taxpayer treasure or military conscripts’ blood – to counter the postwar communist threat.
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Friday, September 18, 2009
Lehman Died So TARP and AIG Might Live / Politics / Credit Crisis 2008
"Lehman's fate was sealed not in the boardroom of that gaudy Manhattan headquarters. It was sealed downtown, in the gloomy gray building of the New York Federal Reserve, the Wall Street branch of the U.S. central bank." ~ Stephen Foley, UK Independent
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Friday, September 18, 2009
Defeat the Debt- the TV ad and the American Right / Politics / US Debt
A TV ad that Mr Benjamin A Shobert describes in disturbing detail in Asia Times this week is part of an overall campaign that includes this national television commercial, which is currently airing on Fox News, CNN, MSNBC, and CNBC. Additionally, full-page ads are running in The New York Times, USA Today, The Washington Times, The Washington Examiner, The San Francisco Chronicle, and The Las Vegas Review-Journal. Mr Shobert rightly deduces that for the US, China is the financial bogeyman.
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Friday, September 18, 2009
How to Pay Off the National Debt / Politics / US Debt
It’s all the rage these days to sell public assets to pay off government debt. We mustn’t default, after all. We just hate to see our national parks, public roads, energy grids, water, hospitals and schools being sold to robber barons. Do we have anything to sell that the majority of Americans wouldn’t mind parting with?
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Thursday, September 17, 2009
Russia Loans Venezuela $2.2 Billion to Buy Russian Arms / Politics / Russia
Venezuela has spent about $4.5 billion on Russia’s military hardware within the scope of 12 contracts that were officially signed during the recent several years. The Latin American nation particularly bought 24 Su-30 jets, tens of battle choppers and 100,000 Kalashnikov assault rifles.
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Thursday, September 17, 2009
Missile Defense and Washington’s Foolish Eurasia Strategy / Politics / GeoPolitics
Eight months into the Obama Presidency the outlines of Administration foreign policy are becoming very clear and what is emerging is a foreign policy establishment flying blind on automatic pilot, evidently unable to make the fundamental policy changes required of its new geopolitical and economic position in the world since the collapse of the Greenspan “revolution in finance” September 2008.
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Wednesday, September 16, 2009
9/11 and the Mysterious Collapse of WTC Seven / Politics / Conspiracy Theory
Why NIST’s Final 9/11 Report is Unscientific and False
At 5:21 in the afternoon of 9/11, almost seven hours after the Twin Towers had come down, Building 7 of the World Trade Center also came down. The collapse of this building was from the beginning considered a mystery. [1]
The same should have been true, to be sure, of the collapse of the Twin Towers. But they had been hit by planes, which had ignited big fires in them, and many people assumed this combination of causes to be sufficient to explain why they came down.
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Wednesday, September 16, 2009
Americans Get Screwed Again by Bought-Off Washington Officials / Politics / Healthcare Sector
After meeting yesterday to wrap up the final touches on the Senate Finance committee's healthcare reform bill, Committee Chairman, Senator Max Baucus - a very good friend of the healthcare industry, has announced the bill is ready for a vote as early as next week.
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Wednesday, September 16, 2009
Ron Paul's Battle for Financial Sanity / Politics / Central Banks
Ron Paul has since the inception of his tenure in Congress waged a heroic battle for financial sanity, and in End the Fed he gives us insights from that struggle available nowhere else. Dr. Paul had from an early age an affinity for the free market. "In the 1960s," he tells us, "I discovered the writings of economists such as Ludwig von Mises, F.A. Hayek, Murray N. Rothbard, and Hans F. Sennholz. I gradually found the answers I had been searching for. Even for the experts, it literally took centuries to fully understand the nature of money and the business cycle." (p.43)
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Wednesday, September 16, 2009
How High Will the Financial Fraud Reach? / Politics / Credit Crisis Bailouts
Most Americans are very aware that something is drastically wrong with their government. The majority doesn’t know exactly how to define the problem(s), but they innately sense that a train is headed down the tracks toward them. Unfortunately, they can see neither the train nor the tracks.
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