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Market Oracle FREE Newsletter

Category: Social Issues

The analysis published under this category are as follows.

Politics

Friday, August 31, 2012

A Big Bad Brick Wall / Politics / Social Issues

By: Raul_I_Meijer

Best Financial Markets Analysis ArticleAs America settles in for a three month long across-all-media screening of Dumb and Dumber, Europeans are setting up for a valiant effort to put up an even more mind-boggling spectacle. Competition is healthy, right? The world of finance hangs on ex-Goldman Sachs vice chairman and managing director Mario Draghi's lips almost as much as it sucks up to Ben Bernanke's Jackson Hole. Central bankers become ever more important simply because in the absence of honest profits they are the only source of money left standing. If you can't make it, fake it.

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Politics

Friday, August 31, 2012

Enlightenment: Hawking, Einstein and Newton / Politics / Social Issues

By: DK_Matai

Best Financial Markets Analysis ArticleAs a giant flaming orb descended from the heavens, Prof Stephen Hawking's instantly recognisable computerised voice boomed through the London Paralympics arena and offered some choice words of wisdom.  The renowned astrophysicist  – a man who has never let his immobility hold him back – wheeled on to centre stage during the extravaganza dubbed 'Enlightenment' as he guided his audience through a 'journey of discovery of the wonder of science' and implored the world:

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Politics

Sunday, August 26, 2012

The Olympics, Comparative Advantage, Competition and the Value of Winning / Politics / Social Issues

By: MISES

Best Financial Markets Analysis ArticleGary M. Galles writes: We have just finished our quadrennial search for who is the very best in the world in a dizzying array of sports. We discovered who was absolutely the best at a given time, under the same circumstances, even if it was by a fraction of an inch or a hundredth of a second. But, especially in those photo finishes that provided audiences so many thrills, it seemed that the differences in rewards (gold versus silver medal, bronze medal versus off the medal stand, making the team or the finals versus just missing them, etc.) were far greater than the often small differences in performance.

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Politics

Thursday, August 23, 2012

What Do the Rise and Fall of Empires Suggest? / Politics / Social Issues

By: DK_Matai

Best Financial Markets Analysis ArticleThe summer respite is an interesting time to read history and to reflect on the lessons to be learned from empires long gone in preparation for empires yet to come. As the British Prime Minister William Pitt, the French poet Alphonse de Lamartine, and the Baron Acton said in different ways: "All power corrupts; absolute power corrupts absolutely!" The greatest mistake, oft repeated by those in power throughout history, has been the sin of "Hubris."

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Politics

Wednesday, August 22, 2012

Going Beyond The Global Financial Crisis, Self-Assembling Dynamic Networks / Politics / Social Issues

By: DK_Matai

Best Financial Markets Analysis Article2012 is a watershed year in the history of humankind. The cumulative effects of Self-Assembling Dynamic Networks or SADNs are not only changing the very nature of our existence but also the perception of each other via our unprecedented super-connectivity across communities and continents. Does this herald the end of the status quo? No-thing appears to remain the same as this contagion-of-transparency and flat-hierarchies spreads faster and faster: accelerating, assimilating and absorbing every aspect of our joint and inter-linked global existence.

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Politics

Thursday, August 16, 2012

Greece Suicides Epidemic, 350 Greek Tragedies in Athens in June Alone / Politics / Social Issues

By: Raul_I_Meijer

Best Financial Markets Analysis ArticleYou know, we can write and read and research all we want, and till we're deep dark blue in the face, about Angela Merkel and Tim Geithner and Mario Draghi or Monti and Greek heroes Samaras and Venizelos, about what they say and do from day to day, driven by political pressure and mundane issues such as bond yields. And we will continue to write, read and research these things; that's not going to stop.

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Politics

Tuesday, August 14, 2012

Getting Rid of the World's ***** Riots, Kangaroos, Bananas and the Rule of Law / Politics / Social Issues

By: Raul_I_Meijer

Best Financial Markets Analysis ArticleKangaroo Court : An unfair, biased, or hasty judicial proceeding that ends in a harsh punishment; an unauthorized trial conducted by individuals who have taken the law into their own hands, such as those put on by vigilantes or prison inmates; a proceeding and its leaders who are considered sham, corrupt, and without regard for the law.

The concept of kangaroo court dates to the early nineteenth century. Scholars trace its origin to the historical practice of itinerant judges on the U.S. frontier. These roving judges were paid on the basis of how many trials they conducted, and in some instances their salary depended on the fines from the defendants they convicted. The term kangaroo court comes from the image of these judges hopping from place to place, guided less by concern for justice than by the desire to wrap up as many trials as the day allowed.

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Politics

Saturday, August 11, 2012

London 2012 and The Real Ancient Olympic Games Gold Medal Winners / Politics / Social Issues

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleWhilst virtually everyone is aware that the Olympics are an ancient Greek sporting festival, however many people may not know is that the Olympics were a religious festival held in the honour of the king of the gods, Zeus, held every 4 years that continued for over 1,100 years and which was focused on 10 main events (men only) held over a 4 day period.

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Politics

Saturday, August 11, 2012

The Seductive Promises of Counterfeit CULTures / Politics / Social Issues

By: Ashvin_Pandurangi

Diamond Rated - Best Financial Markets Analysis ArticleThe word "counterfeit" is defined as "an imitation intended to be passed off fraudulently or deceptively as genuine". Some counterfeits are bad and easily detectable, while others are very convincing. I would argue that the structures of modern society have evolved into almost indistinguishable counterfeits. Of course, in terms of the economic and political cultures of human societies, there must be a genuine model encompassing virtuous qualities of humanity for there to be a counterfeit of that model. So what is the genuine model?

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Politics

Thursday, August 09, 2012

The Dispossessed Majority / Politics / Social Issues

By: Paul_Craig_Roberts

Best Financial Markets Analysis ArticleThe bumper sticker on the beat-up pickup truck read: “Friends don’t let friends vote Democrat.”

The driver was obviously not affluent. Yet, despite all the news about mega-trillion dollar bankster bailouts, mega-million dollar bonuses for financial crooks, and unimaginable compensation packages for corporate CEOs who have moved middle class jobs out of America, something made the down-and-out pickup truck driver associate with the political party of the super-rich.

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Economics

Monday, July 30, 2012

The Economics of War / Economics / Social Issues

By: Submissions

Will Dendy writes: War can end depressions, encourage the creation of new technologies and drive the human race forwards.

It is frightening to hear such complete fallacies as these becoming increasingly repeated by so-called intelligent and educated people. In the long term, war creates nothing more than destruction, despair and a retardation of the progress of the human race. In this essay, I will dispel the two biggest fallacies regarding war, and suggest far better ways to cure problems than blowing other people apart.

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Politics

Wednesday, July 18, 2012

Focus on the 20% Because You Can Replace Lost Money But Not Lost Time / Politics / Social Issues

By: Gary_North

Diamond Rated - Best Financial Markets Analysis ArticleIf this were a law firm, you would be wise to hire another.

I define puttering as follows: "Unsystematic work that fills time without accomplishing much output." I define frittering as follows: "The refusal to take advantage of opportunities that have been placed in your hand."

I have known some very successful people over the years. Some have been rich. Others have been influential. All of them have had this in common. They have not puttered. They have also not frittered.

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Politics

Thursday, July 12, 2012

From Each According to His Inability, To Each According to His Greed / Politics / Social Issues

By: Ashvin_Pandurangi

Best Financial Markets Analysis ArticleI think the one recurring question that has been on everyone's minds since at least 2008-09 is - what will the government do? We all know what the large private corporations and high-level bankers are going to do - they are going to lie, cheat, scheme and steal their way into whatever forms of wealth and control they can get their grubby little hands on (see the Libor scandal for the most recent example). But then we must ask whether the government is going to help them do those things and how exactly they are going to help. After four painful years of betrayal, the answer to the first part of that question seems to be a resounding YES.

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Local

Thursday, July 12, 2012

Manchester Airport Terminal 1 Arrivals Suspected Laser Blinding Attack, Public Safety Warning / Local / Social Issues

By: N_Walayat

An epidemic of laser attacks on passenger air-liners during landing at Manchester and other airports has resulted in a firm police response in tracking down, arresting and successfully prosecuting the culprits who usually turn out to be local yobs.

However such firm police action may not go so far in protecting and acting on incidence involving the general public at least at Manchester Airport as recent experience illustrates.

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Politics

Monday, July 09, 2012

London Shard and Other Boomerang Towers of Hubris Before The Storm / Politics / Social Issues

By: Raul_I_Meijer

Diamond Rated - Best Financial Markets Analysis ArticleI was leafing through some recent Bloomberg articles and noticed this running thread connecting them: hubris, decisions based on false data, inertia, things like that. It wouldn't be hard to find dozens more pieces just like it in the press, but once you recognize the pattern, it stands out like a sore thumb anyway. It's pretty easy to see where mistakes are made, especially when they're big mistakes.

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Politics

Sunday, July 08, 2012

Emulate Scrooge McDuck, Make a Bucket List / Politics / Social Issues

By: Gary_North

Best Financial Markets Analysis ArticleOn October 3, 2009, I attended my 50th high school reunion. The 50th high school reunion is the last hurrah institutionally in the United States. No other final meeting will attract as many people from a person’s generation. There is nothing like your 50th high school reunion to remind you that the clock is ticking.

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Politics

Tuesday, June 26, 2012

Grotesque Casino Of Corporate Fascism, Who Destroyed The Middle Class Part 3 / Politics / Social Issues

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis ArticleThis is the 3rd and final chapter of my series about the destruction of the middle class. In Part 1 of this series I addressed where and how the net worth of the middle class was stolen. In Part 2, I focused on the culprits in this grand theft and in Part 3, I will try to figure out why they stole your net worth and what would be required to restore sanity to this world.

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Politics

Monday, June 25, 2012

Why Democracy Is Dangerous, the Enemy of Freedom / Politics / Social Issues

By: LewRockwell

Best Financial Markets Analysis ArticleKarel Beckman writes: People around the world are fighting autocratic regimes in the name of freedom and democracy. They are right to fight for freedom, but wrong to fight for democracy. Libertarians should try to make it clear to them that the democratic path will not lead to freedom, but to slavery.

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Politics

Thursday, June 21, 2012

Destroying the Middle Class, Who Stole My Net Worth? / Politics / Social Issues

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis ArticleIn Part 1 of this three part series I addressed where and how the net worth of the middle class was stolen. In Part 2, I will tackle who stole your net worth and in Part 3, why they stole your net worth. Now let’s zero in on the culprits of this crime.

Dude, Who Stole My Net Worth?

“Thus far, both political parties have been remarkably clever and effective in concealing this new reality. In fact, the two parties have formed an innovative kind of cartel—an arrangement I have termed America’s political duopoly. Both parties lie about the fact that they have each sold out to the financial sector and the wealthy. So far both have largely gotten away with the lie, helped in part by the enormous amount of money now spent on deceptive, manipulative political advertising.” Charles FergusonPredator Nation

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Politics

Wednesday, June 20, 2012

Who Destroyed The Middle Class? / Politics / Social Issues

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis Article"Over the last thirty years, the United States has been taken over by an amoral financial oligarchy, and the American dream of opportunity, education, and upward mobility is now largely confined to the top few percent of the population. Federal policy is increasingly dictated by the wealthy, by the financial sector, and by powerful (though sometimes badly mismanaged) industries such as telecommunications, health care, automobiles, and energy. These policies are implemented and praised by these groups’ willing servants, namely the increasingly bought-and-paid-for leadership of America’s political parties, academia, and lobbying industry.” – Charles FergusonPredator Nation

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