Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Tuesday, June 02, 2009
The Socialist Bailout of Wall Street / Politics / Credit Crisis Bailouts
By: LewRockwell
Jacob G. Hornberger writes: The massive federal bailout of U.S. financial firms reflects everything that’s wrong with the economic system of welfare and interventionism under which the United States has operated since at least the 1930s. There are critically important lessons in the bailout that the American people ignore at their peril. While most politicians and mainstream pundits are viewing the bailout as a necessary “reform,” it is imperative that we place this “reform” in a much wider and deeper context. In doing so, we need to return to first principles.
Monday, June 01, 2009
The Grand Theft Auto Bankruptcy of General Motors / Politics / US Auto's
By: Global_Research
Greg Palast writes: Screw the autoworkers.
They may be crying about General Motors' bankruptcy today. But dumping 40,000 of the last 60,000 union jobs into a mass grave won't spoil Jamie Dimon's day.
Read full article... Read full article...
Monday, June 01, 2009
Goodbye GM / Politics / US Auto's
By: Submissions
Michael Moore writes: I write this on the morning of the end of the once-mighty General Motors. By high noon, the President of the United States will have made it official: General Motors, as we know it, has been totaled.
Monday, June 01, 2009
True Story of the Bilderberg Group and What They May Be Planning Now / Politics / Global Financial System
By: Stephen_Lendman
For over 14 years, Daniel Estulin has investigated and researched the Bilderberg Group's far-reaching influence on business and finance, global politics, war and peace, and control of the world's resources and its money.
His book, "The True Story of the Bilderberg Group," was published in 2005 and is now updated in a new 2009 edition. He states that in 1954, "the most powerful men in the world met for the first time" in Oosterbeek, Netherlands, "debated the future of the world," and decided to meet annually in secret. They called themselves the Bilderberg Group with a membership representing a who's who of world power elites, mostly from America, Canada, and Western Europe.
Monday, June 01, 2009
Panarchism, Liberty of the Governed from Government / Politics / US Politics
By: LewRockwell
Michael S. Rozeff writes: Panarchism is a new political philosophy that builds upon and extends the core concept of consent of the governed, which goes back primarily to John Locke. Consent of the governed is a concept that permeated revolutionary America. It appears in Article 6 of the Virginia Bill of Rights. It appears in the Essex Result. Benjamin Franklin wrote "In free governments the rulers are the servants and the people their superiors and sovereigns." The Declaration of Independence asserts that "Governments are instituted among men, deriving their just powers from the consent of the governed."
Monday, June 01, 2009
Soaring Debt, Class of 2009: You’re Screwed / Politics / US Debt
By: LewRockwell
Bill Bonner writes: Last weekend, we journeyed to Boston to attend a college graduation. Thousands of callow scholars were on display. Each was handed his papers…and then marched out of the hockey stadium. To the tune of “Pomp & Circumstance,” wearing a long, red robe, he entered the outside world solemnly…like a patsy joining a poker game.
Sunday, May 31, 2009
Did Bernanke and Paulson Commit Bank Fraud? / Politics / Credit Crisis Bailouts
By: Global_Research
Thomas R. Eddlem writes: New revelations from the New York State Attorney General’s office have all but proven that Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Hank Paulson committed bank fraud crimes in the case of the Merrill Lynch/Bank of America merger that took place last year. New York State Attorney General Andrew M. Cuomo revealed that Paulson and Bernanke illegally suppressed adverse financial data on the merger and threatened to replace the Bank of America CEO and board of directors if the company backed out of the Merrill Lynch merger. “Secretary Paulson has informed us that he made the threat at the request of Chairman Bernanke,” Cuomo wrote in an April 23 letter to Congress.
Saturday, May 30, 2009
MP's Non-Existant Mortgage Fraud, Where are the Police? / Politics / UK Politics
By: Nadeem_Walayat
A number of MP's have claimed thousands in tax payer monies for mortgages that do not exist. Whilst virtually all MP's have hidden behind the "within the rules" mantra as to why they defrauded the tax payers "LEGALLY", however claiming monies for non existent mortgages brings the matter into criminal law which supercedes all other law with the only exception being the Queen as the head of state.
Saturday, May 30, 2009
Capitalism and the Internet, the Market as Router / Politics / US Politics
By: LewRockwell
Thomas M. Schmidt wries: The Internet, that glorious interconnection of separate networks, grew out of the ARPAnet, a network designed to remain operable in the case of a nuclear war. Traditional networks maintained a fixed central hub through which traffic might be directed; loss of these central hubs would lead to the collapse of the network. In contrast, internet protocols were designed with the notion of dynamically-built data paths, with specialized machines called routers finding connections to get data from place A to place B. In brief, the Internet was designed to route around failure; if the direct route from New York to Boston were blocked, a router might send data through Chicago and Denver first, with decisions on the route taken being made in a largely decentralized fashion.
Saturday, May 30, 2009
Can America be Fixed? / Politics / US Politics
By: Global_Research
John Kozy writes: “Washington tends to enforce a foolish consistency. If you are someone of some prominence whose views are known publicly, then everything you have ever said in the past tends to be projected forward and everything you say today is projected backward. Any discrepancy potentially brings charges of flip-flopping or hypocrisy or selling-out or whatever. Certainly, these charges are valid in many cases, but the simple possibility that circumstances have changed or that experience or new evidence has caused one to change one’s mind seems never to be seriously entertained. The result is to force people to stick with positions they know are wrong because they less fear being foolishly consistent than being attacked for flip-flopping.” (Bruce Barlett),
Friday, May 29, 2009
Obama Should Reject Bailout of California to Prevent Bond Market Crash / Politics / Credit Crisis Bailouts
By: Peter_Schiff
During the height of New York City's financial crisis in the 1970's, President Gerald Ford had the good sense to turn down Mayor Abe Beame's request for a federal bailout. The refusal prompted the famous New York Post headline, "Ford to City: Drop Dead." More than 30 years later, as California Governor Arnold Schwarzenegger makes a similar plea to Washington, I hope President Obama will show similar restraint. Unfortunately, given Obama's recent string of unwise economic decisions, it's hard to imagine that his judgment will suddenly improve.
Thursday, May 28, 2009
The Age of Financial Reform or Plunder without End? / Politics / Credit Crisis 2009
By: Global_Research
Danny Schechter writes: New York, New York: It is almost axiomatic to argue that renewal comes out of chaos. And reform and change are born in crisis.
The financial meltdown of 1907 led to the formation of the Federal Reserve Bank. The Crash of ’29 ushered in the New Deal, the FDIC, the SEC, and The Glass Steagall Act etc. Even the disaster at Enron permitted new statutes requiring more transparency like Sarbanes Oxley. And now this greatest of great recessions is leading to a new wave of financial regulation. The public is already said to believe recovery is just around the next corner.
Read full article... Read full article...
Thursday, May 28, 2009
The Depth of Corruption of Theft of Public Money by Members of Parliament / Politics / US Politics
By: LewRockwell
John Pilger writes: The theft of public money by Members of Parliament, including government ministers, has given Britons a rare glimpse inside the tent of power and privilege. It is rare because not one political reporter or commentator, those who fill tombstones of column inches and dominate broadcast journalism, revealed a shred of this scandal. It was left to a public relations man to sell the "leak." Why?
Thursday, May 28, 2009
Deep Recession, Huge Political Scandal / Politics / UK Politics
By: LewRockwell
Gary North writes: I went to the Sunday Times site on Sunday. Here was the lead headline:
Read full article... Read full article...At least half of the House of Commons' 646 MPs will be swept away at the general election, as voters take revenge on the political classes for the expenses scandal.
Thursday, May 28, 2009
North Korea ready for Nuclear Third World War / Politics / North Korea
By: Pravda
The events on the Korean Peninsula are developing speedily. Following the underground nuclear explosion and a series of missile launches, North Korea proceeded to diplomatic attacks. Pyongyang pulled out from the 1953 Truce Agreement with South Korea.
Read full article... Read full article...
Wednesday, May 27, 2009
Consumer False Confidence Due to Socialism, the Philosophy of Failure / Politics / Economic Stimulus
By: John_Browne
"Socialism is the philosophy of failure, the creed of ignorance and the gospel of envy," said Winston Churchill. Although it inevitably lowers living standards, socialism feels good - at least at the outset - as "free money" flows in great abundance. Keep this in mind as we examine the "good news" about consumer confidence.
Wednesday, May 27, 2009
Sheila Bair Says No to Furthering PPIP Scam by Banks / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
Banks are not content to have bidders rape taxpayers on their behalf. The banks want to rape taxpayers themselves. Please consider Banks Aiming to Play Both Sides of Coin.
Wednesday, May 27, 2009
The North Korean Nuclear Test and Geopolitical Reality / Politics / North Korea
By: STRATFOR
North Korea tested a nuclear device for the second time in two and a half years May 25. Although North Korea’s nuclear weapons program continues to be a work in progress, the event is inherently significant. North Korea has carried out the only two nuclear detonations the world has seen in the 21st century. (The most recent tests prior to that were the spate of tests by India and Pakistan in 1998.)
Wednesday, May 27, 2009
California Can Print its Own Money / Politics / Quantitative Easing
By: Global_Research
“I understand that these cuts are very painful and they affect real lives. This is the harsh reality and the reality that we face. Sacramento is not Washington – we cannot print our own money. We can only spend what we have.” Governor Arnold Schwarzenegger quoted in Time, May 22, 2009
Wednesday, May 27, 2009
Financial Crisis Lessons from Islam / Politics / Credit Crisis 2009
By: Pravda
Many analysts said that the Islamic financial system would suffer least from the financial crisis. Islam bans the interest rate, which is the basis of wealth and the source of trouble for the traditional world of money.
Read full article... Read full article...