Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.
Tuesday, May 13, 2008
US Government Responsible for the Housing Boom and Bust / Politics / US Housing
By: Dr_Ron_Paul
The House passed two bills attempting to rehabilitate the housing and mortgage market this week. There doesn't seem to be any shortage of criticism and blame for the bad decisions, and rightly so. Lenders and banks do share much of the blame for the overheated market. Lending standards were relaxed, or even abandoned altogether, creating an exaggerated pool of homebuyers that led to ballooning home prices that many, especially real estate investors, expected to continue forever. Now that the bubble has burst, the losses are staggering.Read full article... Read full article...
Tuesday, May 13, 2008
UK Tax U-turn Rebates to Buy Votes- Personal Allowances Up by £600 / Politics / UK Tax & Budget
By: Nadeem_Walayat
Gordon Browns Darling today made clear of how he will perform the Tax U-turn alluded to in recent weeks. The U-turn will take the form of an across the board increase in the personal allowances of every tax payer by £600, thus those on the standard tax code of 543L will see their tax allowance rise from 5435 to 6035. This has the effect of handing very tax payer a tax cut of £120 at the basic rate of 20%. The estimated cost of this measure is put at some £2.7 billion which is substantially more than the £700 million of the original extra tax burden placed on the 5 million low paid workers that were hit by the abolition of the 10% tax band.Read full article... Read full article...
Saturday, May 10, 2008
Government Energy Plan Political Pandering / Politics / Energy Resources
By: Mike_Shedlock
Whenever Congress puts together a bill attempting to find a solution to some sort of real or imagined problem, my immediate thought is that the bill do one of four things:
- It will worsen the problem at hand
- It will do nothing to solve the problem but instead create a new problem somewhere else
- It will worsen the original problem and create new problems
- In the very best case it will do nothing at all
Saturday, May 10, 2008
Russia's New Direction Under President Medvedev / Politics / Russia
By: Saleem_Khan
Which way Russia is going to go now that Medvedev has taken office as the President of the Russian Federation? Would it be Putin's way or a new course friendly to the west? Pundits and the media in the west are engaged in guessing game and heavily involved in the art of misinformation. Russian people are optimistic about their future and are anxious to demonstrate to the international community their capacity of teamwork in global affairs.Nevertheless, they are aware of the conflicts in the World and leadership deficit. This, I have concluded in over a decade of contacts and conversations with the leading educators in the former Soviet Union. This desire for an optimistic future and a more peaceful world has emerged as the dominant theme. Read full article... Read full article...
Sunday, May 04, 2008
Extraordinary Times, Intentional Collapse, and Takedown of the USA - Part 2 / Politics / Global Financial System
By: Richard_C_Cook
Part 1“End Times”
Can it be that the last stage of the U.S. takedown is “The Project for the New American Century”? Is this ambitious plan for “global leadership” through military might that was seemingly invented by the “neocons”—many with dual U.S.-Israeli citizenship—a Trojan Horse?
Read full article... Read full article...
Sunday, May 04, 2008
Extraordinary Times, Intentional Collapse, and Takedown of the USA - Part 1 / Politics / Global Financial System
By: Richard_C_Cook
Much has been written about whether a worldwide plan exists to control events and steer them in the direction profitable to an elite of the rich and powerful. Is this a “conspiracy theory”? While it is difficult to be specific about who exactly may be behind such a conspiracy, if it exists, it is at least clear that the privately-managed system of global financial capitalism gives ample opportunity for the world’s richest people to combine for their mutual benefit. Further, global financial capitalism itself is based on the monopolization of money-creation by a world banking system that is largely privately owned, even while working through the central banks of the largest and most prosperous nations.Read full article... Read full article...
Saturday, May 03, 2008
Gordon Brown is New Labour's Grim Reaper / Politics / UK Politics
By: Nadeem_Walayat
Gordon Brown the formerly smart and intellectual chancellor who was thought to have carried a grinning and increasingly shallow Tony Blair to three election victories. Now past events are increasingly being seen in a new light of who carried whom.
Gordon Brown's Labour party was delivered a near knockout punch in the Local elections where the natural party of local government is fast being pushed out of political power. The final Labour scalp to go was its biggest, Ken Livingston the London Mayor replaced by the Tory comedian Boris Johnson.
Read full article... Read full article...
Friday, May 02, 2008
Barack Obama Buckles Under Media Pressure / Politics / US Politics
By: Mike_Whitney
Obama is "outraged" - After weeks of blistering attacks by the media, Barak Obama held a press conference yesterday and made it official; his friendship with the Reverend Jeremiah Wright is over, terminated, kaput. He would no longer associate with a man who believed that the United States of America could do horrible things to its people or that 9-11 might have been the result of US foreign policy. As Obama said, that's just "outrageous".Read full article... Read full article...
Wednesday, April 30, 2008
Rationing- Food for Thought / Politics / Food Crisis
By: John_Browne
‘Food, glorious food' conjures up the image of Oliver Twist and his brother orphans wailing over a shortage of porridge in Dickensian England.
Last week, a food shortage became an American reality. Costco Warehouse, Wal-Mart and other food stores limited the purchase of certain food staples in bulk form. Purchases of rice in California and of oil and flour in Queens were restricted. Customers were angry, voicing strong concern and questioning whether the situation would worsen.
Read full article... Read full article...
Wednesday, April 30, 2008
Barack Obama's Uncomfortable Itch Problem / Politics / US Politics
By: Joel_S_Hirschhorn
I finally figured out why Obama so often looks uncomfortable, impatient and annoyed. He never seems to be a regular guy. One who can enjoy his public opportunities at local eateries and indulge himself like a real American enthralled with delicious unhealthy foods. To joyously let loose and just be a happy black guy able to live in a millionaire´s McMansion and have a shot at being president after hardly learning how to be a senator. Why?Read full article... Read full article...
Tuesday, April 29, 2008
Hilary Clinton Knocks Out Barack Obama / Politics / US Politics
By: Joel_S_Hirschhorn
Now is the time for Hilary Clinton to take a bold position that in one brilliant, courageous stroke shows the nation that she is more willing to pursue true reforms of the two-party plutocratic political system than Obama is.With this position she can reveal that all the Obama talk about change is just a clever campaign strategy to seduce people who rightfully are fed up with politics as usual.
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Tuesday, April 29, 2008
NHS Hospitals Disgrace- Ten Times the Super Bug Death Rate than Any Other Country / Politics / NHS
By: BBC
Panorama: How Safe Is Your Hospital? BBC One 's Panorama reveals that there are 10 times more deaths across the UK from the superbug clostridium difficile among over 65-year-olds than in any other country in the world.Read full article... Read full article...
Sunday, April 27, 2008
Global Food Price Crisis Threatens Worldwide Starvation / Politics / Food Crisis
By: Richard_C_Cook
Rising worldwide food prices are resulting in shortages, riots and protests, promises by governments to expand food aid, expressions of concern by international bodies like the World Bank, and stress on household budgets even in developed countries like the U.S. Did this just “happen” or is there a plan?Read full article... Read full article...
Saturday, April 26, 2008
US Fed To Blame for Global Food Crisis / Politics / Food Crisis
By: Mike_Whitney
The stakes couldn't be higher for Ben Bernanke. If the Fed chief decides to lower rates at the end of April, he could be condemning millions of people to an agonizing death by starvation. The situation is that serious; there's no room for error. Food riots have broken out across the globe destabilizing large parts of the developing world. China is experiencing double-digit inflation. Indonesia, Vietnam and India have imposed controls over rice exports. Wheat, corn and soya are at record highs and threatening to go higher still. Commodities are up across the board. Read full article... Read full article...
Friday, April 25, 2008
G7 Government Malfeasance Results in Huge Transfer of Wealth to Hard Asset Investors / Politics / Money Supply
By: Ty_Andros
This week we are stating some very painful truths about what is unfolding. It is a story of BETRAYAL by the people who run the United States and G7. Make no mistake, I love the United States but despise the government as it embodies the definition of immorality, incompetence, greed and hubris. Government is very competent at gathering power over others and making money for the people who run it and their contributors.
Combined with the public schools which do not teach anything anymore, the government is a testament to institutionalized malfeasance on every level. Words have become MEANINGLESS to the general public as they no longer know the history of their forefathers or the definitions of the words they speak and hear. We truly have entered the time of George Orwell's 1984 Animal Farm . It is a sorry state of affairs.
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Thursday, April 24, 2008
Teachers Strike as Real Inflation is Far Higher than the CPI / Politics / US Economy
By: Nadeem_Walayat
Today saw the biggest teachers strike in 20 years as the Government tried to force teachers to accept a pay deal of 2.45% linked to the Consumer Price index (CPI) (2.5%) instead of the more recognised Retail Price Index (RPI) (4.1%). The CPI is the internationally standardised inflation measure that is designed so as to under report inflation and thus make the jobs of politicians and finance ministers easier when it comes to public sector pay deals.Read full article... Read full article...
Wednesday, April 23, 2008
Gordon Brown's Tax U-Turn as Anticipated- Your Fired! / Politics / UK Politics
By: Nadeem_Walayat
Gordon Brown bottles it again in the face of escalating revolt against the abolition of the 10% tax band that hit 5.3 million of Britains poorest workers. This hit at the core of the Labour Party's values of redistribution of wealth from the rich to the poor. As stated In last saturdays article
Gordon Browns Abolition of the 10% Tax Band- Leadership Challenge? , that the logical thing for Labour to do would be a U-turn, otherwise the next election is as good as lost. Read full article... Read full article...
Wednesday, April 23, 2008
US Social Security Budget Deficit: False Alarm Or False Hope? / Politics / US Economy
By: Ronald_R_Cooke
A recent Wall Street Journal MarketWatch column by Dr. Irwin Kellner entitled “False Alarm” concludes Social Security is not likely to run out of money any time soon.Read full article... Read full article...
Tuesday, April 22, 2008
United States- Death Of An Empire / Politics / US Dollar
By: David_Vaughn
What do you do when you no longer believe in something? I used to believe that economically things would eventually bottom out but I now believe we are due for hard times longer than I originally imagined. There are so many factors and fundamentals that refuse to quiet down. Instead, these issues are continuing to grow with a snowball effect. The momentum just grows higher and higher.Read full article... Read full article...
Tuesday, April 22, 2008
Global Food Crisis- Hunger Plagues Haiti and the World / Politics / Food Crisis
By: Stephen_Lendman
Consumers in rich countries feel it in supermarkets but in the world's poorest ones people are starving. The reason - soaring food prices, and it's triggered riots around the world in places like Mexico, Indonesia, Yemen, the Philippines, Cambodia, Morocco, Senegal, Uzbekistan, Guinea, Mauritania, Egypt, Cameroon, Bangladesh, Burkina Faso, Ivory Coast, Peru, Bolivia and Haiti that was once nearly food self-sufficient but now relies on imports for most of its supply and (like other food-importing countries) is at the mercy of agribusiness. Read full article... Read full article...
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