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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Thursday, August 02, 2012

Obama Tells Entrepreneurs "You Didn't Build That" / Politics / US Politics

By: MISES

Best Financial Markets Analysis ArticleGary Galles writes: President Obama's "you didn't build that" statement to successful business owners has created a serious backlash. In rebuttal, his defenders point to his more complete statement for "clarification":

If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business, you didn't build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.

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Politics

Wednesday, August 01, 2012

Geithner Calls on Europe and Congress to Spur Economic Growth / Politics / Economic Stimulus

By: Bloomberg

Best Financial Markets Analysis ArticleBLOOMBERG TV EXCLUSIVE: Treasury Secretary Tim Geithner spoke with Bloomberg Television's Peter Cook from Los Angeles last night, where he discussed the European debt crisis and the U.S. economy.

Geithner said that European leaders must take steps including "bring down interest rates in the countries that are reforming and making sure those banking systems can provide the credit those economies need." He also said that "they are committed to doing what's necessary to hold the European Union together" and "I absolutely believe they have the means to do it."

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Politics

Wednesday, August 01, 2012

Escape From Economics / Politics / Economic Theory

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleReaders ask me from time to time to recommend a book from which they can learn about economics.

The problem with reading a book to learn economics that is taught in the universities and practiced in Washington is that economics is now a highly formalized subject based on abstract models and assumptions and has been mathematized. It is not that the subject is totally useless and without any applicability to real world problems. Rather, the problem is that the discipline both lags an ever-changing world and got some things wrong at the beginning. Consequently, learning economics places one inside a box where some of the tools and understanding provided are outdated and incorrect.

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Politics

Wednesday, August 01, 2012

The Record of Olympic Economics / Politics / Government Spending

By: BATR

Best Financial Markets Analysis Article

As the world economy plunges and the financial markets debate the future of EU, the London Olympics provide a pretext to take a holiday and party all night. The latest example of excess and self-absorbed haughtiness, promotes an agenda of internationalism. The spirit of the games is less about sportsmanship than promotion of indoctrination. The cost to produce such an extravaganza approaches sums that necessitate a bailout from the IMF. The article, Winner's curse? The economics of hosting the Olympic Games, illustrates a disturbing cost for hosting the Games.

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Politics

Tuesday, July 31, 2012

Justice Roberts is Right: Obama Healthcare Plan Won't Work / Politics / US Politics

By: Peter_Schiff

Best Financial Markets Analysis ArticleNow that the Supreme Court has given its narrow blessing to the Affordable Care Act, the big question is whether it will deliver the benefits that its proponents promise. Unfortunately, as it is now constructed, the plan will backfire causing fewer healthy people to buy insurance, raise premiums for those who do, destroy employment opportunities, cripple the health insurance industry, and weaken the economy.

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Politics

Tuesday, July 31, 2012

The Ignorance of “Intelligence” / Politics / US Politics

By: Danny_Schechter

Best Financial Markets Analysis ArticleSome years ago, I meet a major in American intelligence, a member of the “Red Cell Unit.”

As he explained it to me, his unit was actually charged with assessing other spy shops by offering other views, critiquing intelligence estimates and perhaps even evaluating security systems like the specialists who test airport systems by probing for their soft spots and vulnerabilities, and seeing if they can beat them.

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Politics

Tuesday, July 31, 2012

Ron Paul - Audit the Fed Moves Forward! / Politics / US Politics

By: Dr_Ron_Paul

Last week the House of Representatives overwhelmingly passed my legislation calling for a full and effective audit of the Federal Reserve. Well over 300 of my Congressional colleagues supported the bill, each casting a landmark vote that marks the culmination of decades of work. We have taken a big step toward bringing transparency to the most destructive financial institution in the world.

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Politics

Monday, July 30, 2012

U.S. Backs Al Qaeda Death Squads in Syria / Politics / Middle East

By: Stephen_Lendman

Best Financial Markets Analysis ArticleWashington's agenda involves death squad diplomacy. Evidence mounts proving it. It's standard practice in all US direct and proxy wars. It's how America treats its enemies.

Massacres and unspeakable atrocities are committed. Women are raped. Civilians are treated like combatants. They're indiscriminately killed.

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Politics

Sunday, July 29, 2012

Doctors Are Like Cops, Dangerous / Politics / Healthcare Sector

By: LewRockwell

Best Financial Markets Analysis ArticleJack D. Douglas writes: This is a good study of the soaring rate of dangerous MRSA infection from hospital stays by academic hospital insiders who used their inside knowledge of the U. of Chicago hospital and three others to correct for the massive 30% to 50% official underreporting and found that one out of twenty plus patients now gets serious MRSA hospital infection in the U.S., more than all the influenza and AIDS hospitalizations combined. That was a 100% increase in five years and the study ended in '08, so there has probably been another near doubling, or less if the growing infection control efforts coming out of Hopkins, etc., are beginning to pay off.

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Politics

Saturday, July 28, 2012

Auditing The Fed is Like Auditing a Mafia Counterfeiting Operation / Politics / Central Banks

By: Jeff_Berwick

Best Financial Markets Analysis ArticleRon Paul’s Federal Reserve Transparency Act (H.R. 459), or “Audit the Fed,” passed Wednesday July 25, 2012 in the U.S. House of Representatives by a wide margin of 327-98, exceeding the two-thirds majority needed. It had 274 cosponsors. But, by the evening of the same day, mainstream press around the country was already preparing the people for the bill’s fate in the Democrat-controlled Senate. As the Chicago Tribune and others reported, it had little chance of passing in the Senate, let alone being signed into law by the President. In fact, Senate Majority Leader Harry Reid has already said that the Senate will not even consider the bill, because, as Ron Paul told CSPAN, he didn’t have the “guts.” With this in mind, as well as their own reputations, Romney, Boehner and Cantor backed it.  Even Harry Reid backed it… in 1987 and 2010, but now he has changed his mind on a Fed audit for some reason.

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Politics

Thursday, July 26, 2012

Our Debts Must be Redeemed / Politics / Global Debt Crisis 2012

By: Ashvin_Pandurangi

Best Financial Markets Analysis ArticleIn mid-October 2011, a group of Occupy protesters in London set up tents and encamped outside of St. Paul's Cathedral for almost four months before finally being evicted by the Corporation of London. At first, the Church welcomed the protesters and preached to them, acknowledging the ways in which governments and banks were clearly contravening Christian teachings.

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Politics

Thursday, July 26, 2012

Fukushima - Japanese Local Children Radioactive Guinea Pigs / Politics / Environmental Issues

By: OilPrice_Com

Best Financial Markets Analysis ArticleSeventeen months after the earthquake and tsunami that destroyed the Tokyo Electric Power Company's six-reactor complex at its Fukushima Daiichi, discussions continue about the possible effects of the radiation "dusting" the prefecture's inhabitants received, and their consequences.

Far outside most media coverage, 2012 is shaping up to be the media battleground between the massed proponents of the ongoing 'safety' of nuclear power, as opposed to a motley coalition of environmentalists, renegade nuclear scientists and anti-nuclear opponents, largely bereft of media contact.

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Politics

Thursday, July 26, 2012

The South China Sea Spat, A Glimpse into the Future / Politics / Energy Resources

By: Money_Morning

Best Financial Markets Analysis ArticleWilliam Patalon III writes: If you've been following the worrisome and escalating South China Sea controversy, you know that China has been flexing its muscles laying claim to thousands of square miles of islands and ocean that other countries - Japan, Vietnam, Taiwan and the Philippines, to name the main ones - also claim to control.

This isn't some foreign skirmish that we can easily dismiss because of its distance, and because it doesn't affect us here at home.

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Politics

Wednesday, July 25, 2012

London Olympics Economic Boost Failing to Materialise / Politics / UK Politics

By: Adrian_Ash

Best Financial Markets Analysis Article"Hello London, this is the mayor, and this is the big one."
  - Tannoy announcement replayed endlessly over the last month to London commuters waiting for the city's creaking transport system to cough out their train

LAST TIME the UK government backed and boosted a major export industry, we got the banking and finance crisis. This time they got smart – and spent lots of taxpayer cash in advance.

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Politics

Wednesday, July 25, 2012

Project Europe is Over / Politics / Eurozone Debt Crisis

By: Raul_I_Meijer

Best Financial Markets Analysis ArticleI don't really know why it is, but as much as I see pundits and experts and everyone in between address the euro mudbath lately, nobody seems to have caught on to the two main events (inflexion points?!) that shape the latest reincarnation of said bath. So here's for them, and you, and anyone who's not yet tired of the story:

Event no. 1: it’s not so much that it's an entirely new notion, it's the realization that it has come to pass that is new. And even then it will take a while for most pundits and experts to understand the significance.

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Politics

Wednesday, July 25, 2012

Be Reasonable, Decarbonize Britain / Politics / Climate Change

By: Andrew_McKillop

Best Financial Markets Analysis ArticleDuring the 1968 French student revolt a key slogan was: "Be reasonable, demand the impossible". In the UK of 2012 this concerns "decarbonization". Officially, clean energy is still very close to godliness, as could be expected in a country of Protestant religious origins, but just like the definitions of sin, the British have strange definitions of "clean" energy, in particular taking this to mean nuclear power and propping up the now ramshackle edifice of carbon trading. Among other things.

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Politics

Tuesday, July 24, 2012

Geopolitical Consequences of the Fall of the Syrian Regime / Politics / GeoPolitics

By: STRATFOR

Best Financial Markets Analysis ArticleWe have entered the endgame in Syria. That doesn't mean that we have reached the end by any means, but it does mean that the precondition has been met for the fall of the regime of Syrian President Bashar al Assad. We have argued that so long as the military and security apparatus remain intact and effective, the regime could endure. Although they continue to function, neither appears intact any longer; their control of key areas such as Damascus and Aleppo is in doubt, and the reliability of their personnel, given defections, is no longer certain. We had thought that there was a reasonable chance of the al Assad regime surviving completely. That is no longer the case. At a certain point -- in our view, after the defection of a Syrian pilot June 21 and then the defection of the Tlass clan -- key members of the regime began to recalculate the probability of survival and their interests. The regime has not unraveled, but it is unraveling.

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Politics

Tuesday, July 24, 2012

The Politics of Economic Collapse: The Center Will Not Hold! / Politics / Great Depression II

By: Danny_Schechter

Best Financial Markets Analysis ArticleSometimes, we have to turn to our poets for real insight into our current global condition.

It was back in 1919 in the aftermath of World War l, that Irish wordsmith William Butler Yeats put pen to paper and came up with “The Second Coming,” verses that have stood the test of time. Yeats was born the year the American Civil War ended in 1865 and died in 1939, the year World War 2 began.

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Politics

Tuesday, July 24, 2012

Economic Austerity, Adjustment, and Social Genocide: Political Language and the European Debt Crisis / Politics / Eurozone Debt Crisis

By: Andrew_G_Marshall

Best Financial Markets Analysis ArticlePolitical language… is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind. - George Orwell, “Politics and the English Language,” 1946

Political language functions through euphemism, by employing soft-sounding or simply meaningless words to describe otherwise monstrous and vicious policies and objectives. In the European debt crisis, political language employed by politicians, economists, technocrats and bankers is designed to make policies which create poverty and exploitation appear to be logical and reasonable. The language employed includes the words and phrases: fiscal austerity/consolidation, structural adjustment/reform, labour flexibility, competitiveness, and growth. To understand political language, one must translate it. This requires four steps: first, you look at the rhetoric itself as inherently meaningless; second, you examine the policies that are taken; third, you look at the effects of the policies. Finally, if the effects do not match the rhetoric, yet the same policies are pursued time and time again, one must translate the effects as the true meaning of the rhetoric. Thus, the rhetoric has meaning, but not at face value.

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Politics

Tuesday, July 24, 2012

Social Media Panic in Italy: 'Enough of this Agony; Give Us Back the Lira' / Politics / Eurozone Debt Crisis

By: Mike_Shedlock

Best Financial Markets Analysis ArticleBlack Monday messages on Facebook and Twitter have gone viral in Italy as people have had enough of austerity, job losses, and uncertainty. La Stampa reports on Panic in the Network.

What follows is a Mish-revised translation of select ideas and quotes from the article. My specific comments are in brackets.

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