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Market Oracle FREE Newsletter

Category: Government Spending

The analysis published under this category are as follows.

Politics

Saturday, December 01, 2012

Nasa's Martian Boondoggles / Politics / Government Spending

By: Gary_North

There was a recent mini-flap over life on Mars. Some CalTech scientist said that something big is about to be announced about life on Mars. But NASA says it's not true. You can read about this here.

Here is the accompanying explanation.

The Mars Science Laboratory Project and its Curiosity rover are less than four months into a two-year prime mission to investigate whether conditions in Mars' Gale Crater may have been favorable for microbial life.

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Economics

Tuesday, November 27, 2012

Economic Deception At The Heart Of The U.S. Fiscal Cliff / Economics / Government Spending

By: Dan_Amerman

Truth Testing The Narrative

Among many politicians and much of the media there is an accepted narrative about  deficits, taxes and the so-called "Fiscal Cliff". It goes something like the following:

"The United States is running massive deficits that are bankrupting the country.  These deficits are so high because of the Bush era tax cuts.

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Politics

Friday, November 16, 2012

What is the “fiscal cliff”? / Politics / Government Spending

By: Global_Research

Best Financial Markets Analysis ArticlePatrick Martin writes: The term “fiscal cliff,” first used by Federal Reserve Chairman Ben Bernanke last February, refers to the simultaneous expiration of tax cuts and imposition of spending cuts on January 1, 2013.

The American media has seized on the term “fiscal cliff” and promoted it, in part, to suggest that measures which would otherwise be enormously popular—ending the Bush tax cuts for the wealthy or cutting military spending—are threatening, even dangerous.

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Politics

Monday, October 22, 2012

Government Spending, State Education, Dysfunctional, Dishonest, Insane and Intolerable / Politics / Government Spending

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis Article“I agree to this Constitution with all its faults, if they are such: because I think a General Government necessary for us, and there is no Form of Government but what may be a Blessing to the People if well-administered; and I believe farther that this is likely to be well administered for a Course of Years and can only end in Despotism as other Forms have done before it, when the People shall become so corrupted as to need Despotic Government, being incapable of any other.” Ben Franklin

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Politics

Wednesday, October 10, 2012

Bernanke Riding Into The Sunset Or A Brick Wall? / Politics / Government Spending

By: Peter_Schiff

Best Financial Markets Analysis ArticleA month ago, I presented the case for why Fed Chairman Bernanke would have strong motivation to launch another round of quantitative easing (QE) before the election. In short, it would save him his job. Now, I didn't predict with certainty that he would do so - only the few men at the FOMC knew that for sure - but it seemed likely. Shortly thereafter, Bernanke not only announced more stimulus, but promised to keep it flowing to the tune of an additional $40 billion a month until conditions improve. As I had written, this is essentially the election platform of the Obama-Bernanke ticket: we will keep the party going indefinitely.

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Politics

Wednesday, October 10, 2012

Government Dependency Will End in Economic Chaos / Politics / Government Spending

By: Dr_Ron_Paul

The media insists on characterizing statements about dependency on government handouts as controversial, but in truth such statements are absolutely correct. It's not that nearly half of Americans are dependent on government; it's actually more than half. If one includes not just people on food stamps and welfare, but also seniors on Medicare, Social Security and people employed by the government directly, the number is more like 165 million out of 308 million, which is 53%.

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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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Economics

Tuesday, July 17, 2012

United States Dependance Day / Economics / Government Spending

By: John_Browne

Best Financial Markets Analysis ArticleThe Fourth of July week brought unwelcome birthday gifts to the United States in the form of poor domestic jobs data and similarly gloomy information from other major economies. Amidst the heat and festivities, it has become difficult to deny that the economy is deteriorating. Politicians appear helpless, thrashing about for a solution and blaming everything and everyone but themselves. This lack of leadership is apparent to those who have by now lost all confidence of a possible quick rebound, if only the tough decisions had been made early and swiftly.

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Stock-Markets

Thursday, July 12, 2012

High Government Deficits "Crowd Out" Stock Market Returns / Stock-Markets / Government Spending

By: Dan_Amerman

Best Financial Markets Analysis Article“Crowding out” is an obscure term if you're not an economist – but this replacement of the private sector economy with government spending may end up being one of the largest determinants of your standard of living during retirement.  The investment problem is that the past, present and likely future of the US economy is one of rapidly growing government spending.  Because the investment models that drive conventional financial planning assume a rapidly growing private sector, this sets up a fundamental competition between government growth and private sector growth for their shares of a single economy, and may lead to a collapse of stock market values and conventionally invested retirement portfolios.

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Politics

Tuesday, July 03, 2012

Governments Spend Wealth Instead of Building It / Politics / Government Spending

By: Bill_Bonner

Best Financial Markets Analysis ArticleParis, France – “The US seems to have gotten the worst of it,” said a French friend this morning. We were taken aback. Everyone knows Europe is in a state of permanent crisis. The US seems solid by comparison, no?

“Now that the Supreme Court has approved Obamacare, you have the same problems we have in Europe, social welfare spending with no limits…plus you have your colossal military spending. You have both ‘bread and circuses,’ just like the ancient Romans. You are doomed.”

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Politics

Wednesday, February 22, 2012

18 Ways Government Wastes Your Money / Politics / Government Spending

By: Money_Morning

Best Financial Markets Analysis ArticleDavid Zeiler writes: Never mind the $15 trillion national debt; the government blew $592,000 on a study last year to figure out why chimpanzees throw poop. That's just one example of government waste described in a recent book by Sen. Tom Coburn, R-OK. His "Wastebook 2011" features 100 examples of needless or ill-advised government spending. It adds up to $6.9 billion that America can't afford. And while such waste is just a fraction of the federal government's $3.8 trillion budget, a country that needs to borrow 36 cents of every dollar it spends should not be throwing money away on non-essential research. Like why chimps throw poop. Here are 17 other things the government wasted tax dollars on last year:

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Politics

Tuesday, February 14, 2012

What You Need to Know About President Obama's 2012 Budget / Politics / Government Spending

By: Money_Morning

Best Financial Markets Analysis ArticleDavid Zeiler writes: U.S. President Barack Obama's 2013 budget proposal will give Republicans and Democrats plenty to fight about.

The $3.8 trillion budget proposal, submitted to Congress, essentially follows the blueprint President Obama outlined in his State of the Union address.

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Politics

Tuesday, February 14, 2012

Federal Government Spending, Hey, Big Spender? / Politics / Government Spending

By: Paul_L_Kasriel

Some political movement ought to unfurl the “Mission Accomplished” banner with regard to reining in federal government spending. As shown in the chart below, in the 12 months ended January 2012, the cumulative total of federal outlays – defense, non-defense, entitlements, interest on the debt, the whole ball of wax – increased only 1.5% vs. the 12 months ended January 2011. The median growth in 12-month cumulative total federal outlays from January 1954 through January 2012 is 6.6%. Starting with the 12 months ended March 2010, this measure of growth in federal outlays has been below the long-run median.

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Politics

Wednesday, January 11, 2012

Federal Reserve System Set to Bankrupt United States Again / Politics / Government Spending

By: Jeff_Berwick

Best Financial Markets Analysis ArticleOne of the downsides of having government education camps (the school system) "educate" most of us slaves  is that most of us have no clue what occured prior to our own lifetimes.  And what we think we know is incorrect or never happened.

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Politics

Monday, December 05, 2011

Congress Finds One Thing It Can Agree On – Spending Your Money / Politics / Government Spending

By: Money_Morning

Best Financial Markets Analysis ArticleDavid Zeiler writes: Time and time again, a divided Congress has failed to come up with desperately needed solutions to America's debt and budget deficit problems.

But when a major spending bill came along last week, members from all across the political spectrum suddenly found themselves in agreement.

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Personal_Finance

Wednesday, November 30, 2011

U.S. Credit Rating, Automation can’t Curb DC’s Spending / Personal_Finance / Government Spending

By: Dr_Jeff_Lewis

As Washington DC frets the automatic cuts coming from a failure of the super-committee, the American public is watching their wealth vanish.  This disappearing act of wealth occurs on two fronts, first by the continuous spending and inflating in Washington, and secondly by a loss of confidence, which has sent the stock market plummeting in recent days.

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Politics

Wednesday, November 23, 2011

U.S. and European Fiscal Ticking Time Bombs, Whose Fuse is Shorter? / Politics / Government Spending

By: Peter_Schiff

With fiscal time bombs ticking in both Europe and the United States, the pertinent question for now seems to be which will explode first. For much of the past few months it looked as if Europe was set to blow. But Angela Merkel's refusal to support a Federal Reserve style bailout of European sovereigns and her recent statement the she had no Hank Paulson style fiscal bazooka in her handbag, has lowered the heat. In contrast, the utter failure of the Congressional Super Committee in the United States to come up with any shred of success in addressing America's fiscal problems has sparked a renewed realization that America's fuse is dangerously short.

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Politics

Thursday, November 03, 2011

Spain's Infrastructure Spending: A Flight to Nowhere / Politics / Government Spending

By: Peter_Schiff

Andrew Schiff writes: Recently there's been much talk about how infrastructure spending can be a viable solution to our country's current economic woes. President Obama's proposed $447 billion dollar jobs bill contains, among other things, investment in infrastructure projects like road construction. Many progressive economists have called for much more, with some even saying that the utility of such programs is secondary to the short term economic stimulation that would result from hiring unemployed workers. In other words, it doesn't matter what is built, as long as the government creates jobs. But even if the projects are widely regarded as needed, will the benefits justify the costs? Oftentimes the answer is no, as the actions of the Spanish government over the last two decades suggest.

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Politics

Monday, October 31, 2011

How to Lick the Government Budget Deficits / Politics / Government Spending

By: BATR

Best Financial Markets Analysis ArticleGovernment deficits are a way of life in the post republic America. The spending addiction is a plague that swept away the land of the free and the home of the brave. The cultural curse of entitlement ‘rights’ has created a system of mob rule on the bottom of the ladder and champagne wishes and caviar dreams by plutocrat aristocrats. The controllers of the corporatist economy are just as adamant about their ‘right’ to dominate as the unwashed demonstrator defends their latest chanting theme for wealth re-distribution.

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Politics

Sunday, August 21, 2011

Zombies Born of Government Spending / Politics / Government Spending

By: Bill_Bonner

Best Financial Markets Analysis ArticleZombie, zombie in the night
Making cities burn so bright
What immortal hand could frame
Thy fearful symmetry?

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