Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Tuesday, September 21, 2010
Why Hyperinflation Isn’t Coming to the U.S. / Politics / HyperInflation
For more than two years now, many Americans have heard warnings of hyperinflation from the large consensus of misguided individuals, whose agendas serve as the basis for their ridiculous claims.
Much of this nonsense has come from the gold bugs and perma-bears, although it is often difficult to distinguish between the two.
Sprouting from this group of fear-mongers is a larger number of naïve followers whose mission is to also be inducted into the media club, while they too profit from selling gold ads and other financial arrangements made with gold dealers.
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Tuesday, September 21, 2010
Bernanke in Luck / Politics / Credit Crisis 2010
Ben had served his master for seven years, so he said to him, master, my time is up, now I should be glad to go back home to my mother, give me my wages. The master answered, you have served me faithfully and honestly, as the service was so shall the reward be. And he gave Ben a piece of gold as big as his head. Ben pulled his handkerchief out of his pocket, wrapped up the lump in it, put it on his shoulder, and set out on the way home.
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Tuesday, September 21, 2010
A Change of Course in Cuba and Venezuela? / Politics / GeoPolitics
Strange statements are coming out of Cuba these days. Fidel Castro, in the course of a five-hour interview in late August, reportedly told Jeffrey Goldberg of The Atlantic and Julia Sweig of the Council on Foreign Relations that “the Cuban model doesn’t even work for us anymore.”
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Tuesday, September 21, 2010
The Real 'Merchants of Death' / Politics / GeoPolitics
Conn Hallinan writes: Accused Russian arms dealer Viktor Bout is a centerpiece for the book Merchant of Death and the model for the Hollywood movie The Lord of War. He is the archetypal bad guy. Washington apparently traded military hardware to the Thais to get him extradited from a Bangkok jail.
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Tuesday, September 21, 2010
Inflation is Not a Concern, Exploiting Bernanke / Politics / Central Banks
It is unfortunate the media does not make better use of an accessible resource: itself. Newspapers and financial TV are generally content to report what is being said today with no reference to the past. There seems to be no memory. A recent instance is Federal Reserve Chairman Ben Bernanke's opinion that inflation is not a concern. In a sane world, his opinion would not matter much. We live in a more nonsensical atmosphere in which abstractions substitute for reality.
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Monday, September 20, 2010
Fahrenheit 451, Those Who Don’t Build Must Burn / Politics / Social Issues
"Out of the nursery into the college and back to the nursery; there's your intellectual pattern for the past five centuries of more. School is shortened, discipline relaxed, philosophies, histories, languages dropped, English and spelling gradually neglected, finally almost completely ignored. Life is immediate, the job counts, pleasure lies about after work. Why learn anything save pressing buttons, pulling switches, fitting nuts and bolts?” – Captain Beatty in Fahrenheit 451Read full article... Read full article...
Monday, September 20, 2010
U.S. Unemployment, Where are the Jobs? / Politics / Employment
Most Americans don't really care about the economic minutiae that many of us who study the U.S. economy love to pour over. When it comes to the economy, the typical American citizen just wants to be able to get a good job, make a decent living and put bread on the table for the family. For generations, this arrangement has worked out quite well. The U.S. economy has provided large numbers of middle class jobs and the American people have worked hard and have helped this nation prosper like no other. But now people are starting to notice that something has shifted. Millions of people are looking around and are realizing that the jobs that are supposed to be there are not there anymore.
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Monday, September 20, 2010
World's Highest Salaries are Paid in Zurich, Switzerland / Politics / Social Issues
Switzerland's largest bank, UBS, has published an annual research called "Prices and Earnings," which compared world's largest cities on their costs of living, earnings, and internal purchasing capacities. Moscow was ranked 44th, 42nd and 39th among 73 other cities. The highest prices were registered in Oslo, the capital of Norway. Salaries are the highest in Zurich, where the purchasing capacity is also on a similar level.
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Monday, September 20, 2010
107 MPs Call for Lending Interest Rate Caps to Rein in Legal Loan Sharks / Politics / Debt & Loans
Landmark gives fresh impetus to the campaign ahead of meeting at Number 10
The 'End Legal Loan Sharking' campaign has received the backing of over 100 MPs ahead of a meeting with Number 10 next week. EDM 660,a parliamentary motion calling for a cap on the cost of credit has now been signed by 107 MPs. MPs from the Conservative Party, Labour Party, Liberal Democrat Party, Democratic Unionist Party, Plaid Cymru, Scottish National Party and Social Democratic and Labour Party are all supporting the EDM.
Monday, September 20, 2010
American Household Entitlements Balloon U.S. Federal Deficit / Politics / US Debt
Don Miller writes: As many U.S. citizens continue to rail against the ballooning budget deficit, the reality is that most Americans are unwilling to swallow the bitter pill it will take to tame it.
Perhaps that's because nearly half of all Americans live in a household in which someone receives government benefits, more than at any time in history, according to a report from The Wall Street Journal.
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Monday, September 20, 2010
Tony Blairs Journey Into Fantasy Land, 624 pages of Excuses for Killing 1 Million People / Politics / UK Politics
Dr. David Halpin writes: Your 'Journey' has been long on miles but absent of humanity, reason and law. 'It can only get better'. Could it have got any worse?
Your vapour trails have left millions weeping. One million of those are widows in Iraq, at least 1.2 million humans with their Allah, five million orphans and four million refugees. We will leave out the blood and the mayhem you have left in Afghanistan, Somalia and the Yemen. You sprang from each jet with strange eyes ablaze, with more lies and plans for yet more Muslim decimation. You had been re-fuelled at high altitude by your fellow psychopath Campbell and other 'advisers' like Manning.
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Monday, September 20, 2010
Chavez wants a break from U.S. meddling, Can you blame him? / Politics / Venezuela
Most people know that Iran, Russia and Venezuela all have vast oil reserves. And, they also know that Hugo Chavez, Vladimir Putin and Mahmoud Ahmadinejad are on Washington's "enemies list". So, why is it so hard for them to connect the dots? Can't they see that the media only demonizes the leaders that stand in the way of the corporate agenda? If Iran's biggest export was pistachios (rather than oil), no one in America would have ever heard of Ahmadinejad. Instead, every time poor guy makes the slightest miscue, his face is splashed across the front pages of US newspapers.
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Monday, September 20, 2010
Average American Works 231 Days Just To Support Government / Politics / Taxes
The drunker I get, the more it seems to me that you slave away at your stupid job every day of your stupid life, hating every moment of it, reviling all the idiotic people you deal with every hellish day, but you bravely and heroically put up with the aggravation, tedium and ennui because you desperately need the money.
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Sunday, September 19, 2010
Elizabeth Warren In Office But Not In Power, Bankster's Cheer Tepid Financial Reforms / Politics / Market Regulation
Hooray, Elizabeth Warren is to become a Special Assistant to President Obama in charge of setting up the Consumer Protection Bureau that she conceived. Alas, it is not to be the independent agency she wanted but a bureau within the Federal Reserve Bank, a branch of government that is really run by big banks which and did virtually nothing to protect consumers when they needed help the most.
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Sunday, September 19, 2010
A Third Sino Japanese War? / Politics / GeoPolitics
For centuries, the relationship between China and Japan may be best described as tense to turbulent with two Sino-Japanese wars all within the last century or so. The accord between the two neighboring Asian countries has progressed in recent years with official visits, trade pact and joint venture agreements.
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Sunday, September 19, 2010
Roma Deporations in Sarkozy's Vichy France, Liberté, Egalité, Fraternité is a Joke / Politics / Euro-Zone
Alex Lantier writes: In the run-up to yesterday’s European Union (EU) summit in Brussels, European officials and heads of state disavowed criticisms of French President Nicolas Sarkozy’s mass deportation of Roma by European Justice Commissioner Viviane Reding.
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Saturday, September 18, 2010
Coalition Government's £100 Billion Economic Gamble Supported By "No Reputable Economic Theory" / Politics / UK Politics
Today Compass has launched a report which reveals the extent of the Coalition Governments reckless gamble. It is calculated in this new report by the leading left of centre pressure group Compass that the government is making a £100 billion gamble on growing while cutting which is supported by "no reputable economic theory".*
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Saturday, September 18, 2010
The Strategic Outlook: Fear and Uncertainty Have Paths of Their Own / Politics / GeoPolitics
Fear and uncertainty create patterns, paths of their own. And societies are again in a mosaic of uncertainty -- and resultant fear -- over the fate and durability of the social and security frameworks once taken for granted. Mass reaction to these fears will trigger transformative change. But there will be opportunities to seize and command change.
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Saturday, September 18, 2010
The Governmental Money-Vacuum / Politics / Government Spending
The drunker I get, the more it seems to me that you slave away at your stupid job every day of your stupid life, hating every moment of it, reviling all the idiotic people you deal with every hellish day, but you bravely and heroically put up with the aggravation, tedium and ennui because you desperately need the money.
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Saturday, September 18, 2010
Are Consumers Finally Winning in Washington? / Politics / US Politics
This past week the administration announced its choice for the first credit czar at the new Consumer Financial Protection Bureau. This bureau was created as part of the supposed Wall Street reform bill recently passed by Congress. This new bureau, which represents nothing more than another layer of useless Washington bureaucracy, will be housed within the Federal Reserve-- one of the most anti-consumer institutions in Washington.
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