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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, July 15, 2013

My Excellent Adventure at the Federal Reserve Headquarters / Politics / US Federal Reserve Bank

By: David_Hague

Dear reader, I was afforded a most extraordinary experience recently that has given me unique insight into our global financial and political systems. I intend to share my experience with you. However, I caution you, that the information I gleaned from this experience will be disturbing. What you are about to read will forever change your view of banking, politics, economics and money. Read on, if you dare.

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Politics

Monday, July 15, 2013

U.S. Senators Move to Create 21st Century Glass-Steagall Act / Politics / Market Regulation

By: Money_Morning

Garrett Baldwin writes: Warren, John McCain (R-Ariz.), Maria Cantwell (D-Wash.), and Angus Kin (I-Maine) introduced legislation that would again separate bank's traditional activities (like deposits currently backed by the Federal Deposit Insurance Corp.) from riskier activities like investment banking, insurance underwriting, swap dealing, and hedge funds.

Glass-Steagall was repealed by Congress back in 1999.

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Politics

Monday, July 15, 2013

The Global Gulag - Psychotic Militarization of Law Enforcement / Politics / US Politics

By: BATR

How did it ever come down to abandoning peace keeping and accepting law enforcement by any means? Even the New York Times expresses alarm in, When the Police Go Military.

"The Posse Comitatus Act of 1878 generally bars the military from law enforcement activities within the United States. But today, some local and city police forces have rendered the law rather moot. They have tanks - yes, tanks, often from military surplus, for use in hostage situations or drug raids - not to mention the sort of equipment and training one would need to deter a Mumbai-style guerrilla assault."

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Politics

Monday, July 15, 2013

Internet Fascism and the Surveillance State / Politics / Intelligence Agencies

By: MISES

Ben O'Neill writes: What is the purpose of telecommunication and internet surveillance?

The NSA presents its surveillance operations as being directed toward security issues, claiming that the programs are needed to counter terrorist attacks. Bald assertions of plots foiled are intended to bolster this claim.[1] However, secret NSA documents reveal that their surveillance is used to gather intelligence to achieve political goals for the US government.

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Politics

Monday, July 15, 2013

The Unspoken Truth: Coup d’etat in America / Politics / US Politics

By: Paul_Craig_Roberts

The American people have suffered a coup d’etat, but they are hesitant to acknowledge it. The regime ruling in Washington today lacks constitutional and legal legitimacy. Americans are ruled by usurpers who claim that the executive branch is above the law and that the US Constitution is a mere “scrap of paper.”

An unconstitutional government is an illegitimate government. The oath of allegiance requires defense of the Constitution “against all enemies, foreign and domestic.” As the Founding Fathers made clear, the main enemy of the Constitution is the government itself. Power does not like to be bound and tied down and constantly works to free itself from constraints.

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Politics

Sunday, July 14, 2013

Syria, Egypt And The Middle East Oil Price Risk Premium / Politics / Crude Oil

By: Andrew_McKillop

SYRIAN OIL
The role of Syria's disastrous civil war as a “tailwind” helping maintain oil prices at artificially high levels is easy to show. Claims by oil analysts that this civil war “will spillover and deflagrate the entire Middle East” bump up prices. The same applies to Egypt, the Arab world's biggest country now potentially facing the risk of civil war. With imagination, the contagion talk can be extended to Libya, Tunisia, the Yemen, Bahrain, the other Gulf states, and other Mid East and North African countries. The talk helps nudge up day traded prices for Brent or WTI by 50 cents or a dollar, quite regularly, but the risk and fear premium on Arab oil is highly uncertain. When we drill down to strict net export surplus fundamentals – production versus national oil demand - any claims that Syria, Egypt, the Yemen or other countries, except Libya, Algeria, Iraq and the Gulf states, are more than tiny exporters probably moving towards net oil importer status, are very hard to defend. This is a political risk premium.

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Politics

Sunday, July 14, 2013

Cyprus Deposits Theft Bang Moment Implications for All Bank Deposits / Politics / Credit Crisis 2013

By: John_Mauldin

Future shock is the shattering stress and disorientation that we induce in individuals by subjecting them to too much change in too short a time. – Alvin Toffler

What is it about humans that we fail to see a crisis in advance, yet when we look back, its likelihood or inevitability so often seems blindingly obvious? Rather than a flaw, our under-reliance on foresight as opposed to hindsight is perhaps a necessary evolutionary design feature that has allowed us to make rapid progress as a species (especially over the last few thousand years), but in a complex modern society it can really create quite the crisis for individuals. This week we resume our musings about Cyprus, to see what that tiny island can teach us about our own personal need to engage in ongoing critical analysis of our lives and investment portfolios. Cyprus is not Greece or France or Spain or Japan or the US or … (pick a country). I get that. No two situations are the same, but there may be a rhyme or two here that is instructive.

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Politics

Saturday, July 13, 2013

U.S. Arms Egypts Military For Crack Down on Democracy / Politics / US Politics

By: Global_Research

Bill Van Auken writes: The Obama administration has announced it will go ahead with the shipment of four F-16 fighter planes to the Egyptian military, signaling its intention to ignore US laws requiring a cutoff of aid to countries that have suffered military coups.

This gesture of support to the so-called interim government, which is dominated by the Supreme Council of the Armed Forces (SCAF) and its top commander, Gen. Abdul-Fattah el-Sisi, comes as the ruling junta is intensifying its police-state crackdown against supporters of ousted Muslim Brotherhood President Mohamed Mursi.

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Politics

Saturday, July 13, 2013

Everyone Knows that the Federal Reserve Banks Are PRIVATE … Except the American People / Politics / US Federal Reserve Bank

By: Washingtons_Blog

Most Americans Still Don’t Know that Federal Reserve Banks Are Private Corporations

The country’s most powerful “agency” – the Federal Reserve – is actually no more federal than Federal Express.

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Politics

Saturday, July 13, 2013

China's Great Humiliation / Politics / China

By: Andrew_McKillop

MODERN MYTH'S OF NATIONAL TRIUMPH
Writing in 'Wall Street Journal' and saying China needs “a new national story”, Orville Schlee and John Delury basically claim China has for too long been hobbled and fettered, ideologically, by its modern history of humiliation. This was due to the so-called unequal treaties it was forced to sign with what for Chinese, were the Western Barbarians. These unequal treaties started with the British in 1842.

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Politics

Friday, July 12, 2013

Confiscation of Retirement Accounts - Another Brick in the Wall / Politics / Banksters

By: Andy_Sutton

For the past few months we have been sounding the alarm both separately and collaboratively regarding the impending (although not necessarily imminent) looting of the Western financial system including bank accounts, public pension funds, and likely private retirement accounts to some extent. With regard to the bail-in doctrine now in place in much of the rest of the world, it appears as though Australia is jumping on board as well - as part of the 2013-2014 government budget no less. Details are still sketchy, but we’ll analyze what we have so far.

We remain absolutely convinced that a minimum of 95% of the people will do absolutely nothing. Most of them will not become familiar with the term ‘bail-in’ until it is already too late. We can’t do a thing about that. What is most depressing is that of the numerous people we have talked to who actually understand what is going on, the vast majority of them have also done nothing. Now is not the time to have that deer in the headlights, over analysis paralysis mindset.

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Politics

Thursday, July 11, 2013

Bernanke Is Losing Control of the Fed and the Markets / Politics / US Federal Reserve Bank

By: Graham_Summers

Ben Bernanke has lost any last shred of credibility he might have had.

The Fed no longer believes in QE. And for good reason. We’ve seen QE 1,2,3,& 4 and yet we’ve not seen any meaningful uptick in employment or GDP growth. Indeed, since Bernanke took the reins at the Fed we’ve not seen a single year of 3+% GDP growth.

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Politics

Thursday, July 11, 2013

Why’s There So Much Dissension Inside the Fed? / Politics / US Federal Reserve Bank

By: Money_Morning

Gary Gately writes: There's considerable dissension within the ranks at the Federal Reserve, with many of Chairman Ben Bernanke's colleagues saying the Fed's monthly purchase of $85 billion in bonds should end by late this year.

"About half" of 19 Fed members "indicated that it likely would be appropriate to end asset purchases later this year," according to minutes of the June Fed policy-making committee meeting, released Wednesday.

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Politics

Thursday, July 11, 2013

Should Larry Summers Replace Bernanke at the Fed? / Politics / US Federal Reserve Bank

By: Money_Morning

Garrett Baldwin writes:Just this week, the Wall Street Journal reported that former Treasury Secretary and Harvard President Larry Summers is "hell-bent" on becoming the next U.S. Federal Reserve Chairman.

The more important issue, however, is whether Americans should want Summers involved in such a prominent role in the global economy.

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Politics

Wednesday, July 10, 2013

Snowden and the NSA Scandal, The Ethics of Whistleblowing / Politics / Intelligence Agencies

By: MISES

Ben O'Neill writes: Recent revelations about the extent and details of the massive NSA surveillance program have been made possible mostly by the actions of a single whistleblower, Edward Snowden, presently in hiding from the wrath of the US government, whose shameful and frightening secrets he has now made public knowledge. Despite repeated denials by its officials, it is now evident that the NSA runs a data-collection and spying network which collects masses of data on the private communications of non-US citizens, and some private communications on US citizens. It does so without requirement for any individual warrants for its targets, and without requirement for any probable cause with respect to any of the individuals whose communications are collected. Instead, the entire program operates under a broad procedure-based warrant system, whereby a special clandestine court hears submissions from the government in secret and then dutifully approves general procedures for mass surveillance, without any adversarial argument being raised by any other party. The warrants allow mass surveillance and storage of data at the discretion of NSA analysts, and these warrants are clearly at odds with the principle of eschewing unreasonable searches.[1]

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