Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Friday, August 28, 2009
Who does Ben Bernake Really Work For? / Politics / Central Banks
By: Justice_Litle
The announcement of Ben S. Bernanke’s successful nomination for a second term brings forth a curious question. Whom does the Fed Chairman really and truly work for?
Before we get into today's topic, a quick comment on the state of the market here and now.
Read full article... Read full article...
Friday, August 28, 2009
Bernanke's REAL Legacy Helping Goldman Sachs Fleece Us All / Politics / Market Manipulation
By: Graham_Summers
I’ve watched with first amusement, then disgust, and ultimately outrage as various pundits proclaimed Bernanke’s efforts “saved the financial system” or helped the US “weather the storm.” Bernanke did NO such thing. You could train a chimpanzee to hit the “print money” button at the Fed every-time the Fed phone rings with a Wall Street number and get the same results. To date, Bernanke has spent or put the taxpayer on the hook for some $24 TRILLION in bailouts, lending windows, and off balance sheet arrangements.
Read full article... Read full article...
Friday, August 28, 2009
The Great Depression Rhyming, Bloomberg and the Reconstruction Finance Corporation? / Politics / Credit Crisis 2009
By: Paul_L_Kasriel
On November 7, 2008, Bloomberg LP sued the Federal Reserve Board under terms of the Freedom of Information Act to obtain the names of borrowers of funds from the Federal Reserve as well as lists of the collateral posted by the borrowers. On August 25, 2009, a U.S. District judge ruled in favor of Bloomberg, ordering the Federal Reserve Board to turn over to Bloomberg the requested information within five days.
Read full article... Read full article...
Thursday, August 27, 2009
Lord Turner Fights to Save the Incompetent FSA Banking System Regulator / Politics / Market Regulation
By: Nadeem_Walayat
Lord Turner, the ex-banker head of the FSA banking system regulator that repeatedly failed to regulate the UK banking sector over the boom and bust years that resulted in a near catastrophic collapse of the UK banking system requiring the tax payer to underwrite the whole banking system to the tune of £1.5 trillion and counting, today stepped forward with strong words criticising the financial sector as well as calling on for a new tax
on transactions to prevent bonus abuse that allowed bank executives and boards to turn the institutions they worked for into hollow shells, after having banked billions in bonuses on fictitious mark to market profits.
Thursday, August 27, 2009
Global Fresh Water Crisis, Peak Water / Politics / Water Sector
By: James_Quinn
“It should be obvious from simple arithmetic that population growth is on a direct collision course with increasingly scarce resources.”
Jeremy Grantham
The notion of peak water probably sounds crazy to most people. The earth is 70% covered by water. The water cycle replenishes water on a continuous basis. The global warming enthusiasts tell us that glaciers are melting and oceans are rising. This should make water more plentiful.
Read full article... Read full article...
Thursday, August 27, 2009
Growing Poverty and Despair in America / Politics / Recession 2008 - 2010
By: Stephen_Lendman
In 1962, Michael Harrington's "The Other America" exposed the nation's dark underside enough for John Kennedy to ask his Council of Economic Advisor chairman, Walter Heller, to look into the problem and for Lyndon Johnson to say (on January 8, 1964) that his administration "today, here and now, declares unconditional war on poverty in America."
Thursday, August 27, 2009
Want To Halve US Medical Costs? Easy Just Break-Up The Monopoly / Politics / Healthcare Sector
By: Andrew_Butter
All government policy decisions come down to three choices:
(A): Create a monopoly and force the customers to pay whatever price they can be forced to bear. That's called parasite economics, the trick is not to bleed so much that the cow dies, (http://www.marketoracle.co.uk/Article10998.html).
Read full article... Read full article...
Wednesday, August 26, 2009
Facts, And Understanding, Are Often In Conflict: / Politics / US Politics
By: Danny_Schechter
Living In A Culture of Delusion Leads To Denial, Ignorance and Worse
What do we have a right to know? In this web-based age, where we can Google almost everything, you’d think we would be better informed than we are.
Read full article... Read full article...
Wednesday, August 26, 2009
Washington Rewarding All of the Characters That Encouraged the Financial Crisis / Politics / Credit Crisis 2009
By: Peter_Schiff
Ayn Rand wrote, "when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed."
Read full article... Read full article...
Wednesday, August 26, 2009
Ben Bernanke is the World's Most Dangerous Man / Politics / Central Banks
By: Mike_Shedlock
Sometimes you are pleasantly surprised by things you find in mainstream media. This is one of those times.
Wednesday, August 26, 2009
The Federal Reserve Suffers a Rare Defeat / Politics / Central Banks
By: DeepCaster_LLC
Under the tutelage of Chairman Ben Bernanke, the Federal Reserve system has achieved the heights of power, while simultaneously the economy it presides over has descended to the depths of despair. This Zen paradox sums of the inexplicable success of Ben Bernanke.
Read full article... Read full article...
Tuesday, August 25, 2009
Bernanke's Self-Promotional Reappointment Campaign A Stunning Success / Politics / Central Banks
By: Mike_Shedlock
Ben Bernanke's self promotional media blitz culminating with Orwellian Madness "Bernanke Saved The World", was a stunning success for Bernanke in his bid to be reappointed Fed Chairman. Unfortunately, Bernanke's win is everyone else's loss.
Tuesday, August 25, 2009
The Buzz over Bernanke Reappointment as Fed Chairman / Politics / Central Banks
By: Michael_Pento
Last week’s buzz in Jackson Hole Wyoming and around Wall Street is whether or not Banana Ben Bernanke should be reappointed to the Fed Chair. CNBC also held a panel discussing this issue with Bob McTeer (former President of the Dallas Fed). The consensus was that it was ridiculous not to have Barack Obama indicate he would serve another term as soon as possible. The agreed upon reason being that no one could do a better job than he has done.
Read full article... Read full article...
Monday, August 24, 2009
Obama's Foreign Policy: The End of the Beginning / Politics / GeoPolitics
By: STRATFOR
As August draws to a close, so does the first phase of the Obama presidency. The first months of any U.S. presidency are spent filling key positions and learning the levers of foreign and national security policy. There are also the first rounds of visits with foreign leaders and the first tentative forays into foreign policy. The first summer sees the leaders of the Northern Hemisphere take their annual vacations, and barring a crisis or war, little happens in the foreign policy arena. Then September comes and the world gets back in motion, and the first phase of the president’s foreign policy ends. The president is no longer thinking about what sort of foreign policy he will have; he now has a foreign policy that he is carrying out.
Monday, August 24, 2009
So-called Populist Revolt Against the Obama Health Care Proposals Stinks / Politics / Healthcare Sector
By: Richard_C_Cook
Is anyone more than a little curious about where the so-called “populist revolt” against the Obama administration’s health care proposals is coming from and who is paying for it? You know, the revolt where people scream and disrupt town hall meetings, brandish guns outside in the street, and label a public option that would help some of the 47 million without health insurance get treatment as “socialist”?
Read full article... Read full article...
Monday, August 24, 2009
Why the Federal Reserve Bank Must Die / Politics / Central Banks
By: James_Quinn
“Paper money eventually returns to its intrinsic value ---- zero.” – Voltaire
“The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth has delivered this crisis to us. Instead of economic growth and stable prices, (The Fed) has given us a system of government and finance that now threatens the world financial and political institutions. Pursuing the same policy of excessive spending, debt expansion and monetary inflation can only compound the problems that prevent the required corrections. Doubling the money supply didn’t work, quadrupling it won’t work either. Buying up the bad debt of privileged institutions and dumping worthless assets on the American people is morally wrong and economically futile.” Representative from Texas Ron Paul questioning Federal Reserve Chairman Ben Bernanke
Read full article... Read full article...
Sunday, August 23, 2009
Who Will Inherit Your Money When You Die? / Politics / Pensions & Retirement
By: LewRockwell
Gary North writes: "Tell me what country I will die in. I will never go there."
Men do not like to think about their inheritance. That's because of the word "die." This is why they delay writing a will. A will is like a road map to the border of the final country. "I will never go there."
Read full article... Read full article...
Sunday, August 23, 2009
Pentagon Plans For Global Military Supremacy / Politics / GeoPolitics
By: Global_Research
Rick Rozoff writes: From August 17-20 the annual U.S. Space and Missile Defense Conference was conducted in Huntsville, Alabama, which hosts the headquarters of the Pentagon's Missile Defense Agency (MDA).
Among the over 2,000 participants were the Missile Defense Agency's new director, Army Lt. Gen. Patrick O'Reilly, the vice chairman of the Joint Chiefs of Staff Marine Gen. James Cartwright, commander of the Space and Missile Defense Command/Army Forces Strategic Command Army Lt. Gen. Kevin Campbell and NASA (National Aeronautics and Space Administration) Administrator Charles Bolden Jr.
Sunday, August 23, 2009
British Mainstream Media Disinformation on H1N1 Swine Flu Pandemic Government Mass Graves Plans / Politics / Global Pandemic
By: Global_Research
Michel Chossudovsky writes: An official UK government report --quoted extensively in Britain's tabloid media-- is warning the British public that there will be countless deaths in the case of a swine flu pandemic. According to the WHO, a Worlwide public health emergency situation will take place in the Fall.
Sunday, August 23, 2009
Obama's Backroom Healthcare Deals Need Explaining / Politics / Healthcare Sector
By: Mike_Shedlock
With $900 billion to a $trillion dollars or more at stake, and everyone wanting three shares of the health care pie (while giving up nothing), it should not come as a surprise that 'Special interests' play both sides in health fight