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2.Gold And Silver – Most Widely Used Currency In Western World? Stupidity - Michael_Noonan
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4.Election Forecast 2015 - Debates Boost Labour Into Opinion Polls Seats Lead - Nadeem_Walayat
5.Why are Interest Rates So Low? Ben Bernanke, Confused as Ever, Starts His Own Blog to Prove It - Mike_Shedlock
6.Leaders Debate Election 2015 - Natalie Bennett Green Party Convincing Anti-Austerity More Debt Argument - Nadeem_Walayat
7.Labour Economic Collapse vs Coalition Recovery - UK Election Forecast 2015 - Video - Nadeem_Walayat
8.China’s Stock Market Mania; How High can Red-chips Fly? - Gary_Dorsch
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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, July 22, 2013

Detroit Bankruptcy Milestone in the Decay of American Capitalism / Politics / US Debt

By: Barry_Grey

The bankruptcy of Detroit, the former auto capital of the world, is a milestone in the historical decay of American capitalism. It is as well a new point of departure in the social counterrevolution being carried out by the ruling class to make working people pay for the failure of its system.

Kevyn Orr, the unelected financial tsar, Republican Governor Rick Snyder, Democratic Mayor David Bing and the establishment media all point to the horrific conditions in Detroit—78,000 abandoned buildings, non-functioning streetlights, antiquated and understaffed fire protection—not to indict the politicians and corporate powers who are responsible, but to justify the destruction of the living standards and essential public services of workers who bear no responsibility for the disastrous situation.

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Politics

Monday, July 22, 2013

Ben Bernanke's Farewell Tour / Politics / US Federal Reserve Bank

By: Dr_Ron_Paul

Last week Federal Reserve Chairman Ben Bernanke delivered what may well be his last Congressional testimony before leaving the Federal Reserve in 2014. Unfortunately, his farewell performance was full of contradictory comments about the state of the economy and the effects of Fed policies on the market. One thing Bernanke inadvertently made clear was that the needs of Wall Street trump Main street, the economy, and sound money.

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Politics

Sunday, July 21, 2013

Financial Reforms Drove the Soviet Union Into the Grave / Politics / Russia

By: Pravda

Who of the famous people in Russia's modern history said the phrase: "I wanted the best, but it turned out as always"? There is quite a list of names that comes up in this connection, although it is associated with only one man - the Minister of Finance of the USSR, Valentin Pavlov, who once upon a time intended to stabilize currency in the country.

Many details of that story have been forgotten, although one should always keep such events in mind not to step on a rake again.

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Politics

Saturday, July 20, 2013

Subsidizing Doctors Not to Practice / Politics / Healthcare Sector

By: Walter_Brasch

Clutching a sheaf of newspaper clippings in one hand and a medical bag in the other, Dr. Franklin Peterson Comstock III, knocking down pregnant ladies, students, the elderly, and even two burly construction workers who were waiting for a bus, rushed past me, leaving me in a close and personal encounter with the concrete. Since he had given up medicine to invest in a string of service stations and an oil distributorship, I assumed what was in his medical bag was the morning’s take from obscene profits.

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Politics

Friday, July 19, 2013

The Trayvon Martin/George Zimmerman Tragedy - Print the Legend / Politics / US Politics

By: Peter_Schiff

The Trayvon Martin/George Zimmerman tragedy has become one of those transcendent events that dominates the national discourse and throws light on dimly lit aspects of our society. Obviously, the case touches most closely on issues of race relations, media culture, and the politicization of the justice system. It also reveals how preconceived emotional commitments to a narrative can consistently trump demonstrable facts. These tendencies are also present in the polarized discussion about the persistent weakness of the U.S. economy. In both cases, the majority of observers have chosen to believe an emotionally comfortable narrative while ignoring a far more likely, ambiguous, and unsatisfying reality.

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Politics

Friday, July 19, 2013

New Glass-Steagall Act Key to Ending Too Big to Fail Banks / Politics / Market Regulation

By: Money_Morning

Garrett Baldwin writes: Last week, four senators that include Elizabeth Warren (D-Mass.) and John McCain (R-Ariz.) introduced a bill to reinstate the Glass-Steagall Act.

The 21st Century Glass-Steagall Act, as it's called, would bring back many of the provisions of the former law and strengthen language to limit financial speculation by the big banks, reduce risk, and attempt to end "Too Big to Fail" once and for all.

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Politics

Friday, July 19, 2013

Washington's New Jobs Strategy: Hire All the Lawyers / Politics / US Politics

By: Money_Morning

Shah Gilani writes: It's the old saw that Washington seems to have down to an art: The road to Hell is paved with good intentions.

And once again, in an effort to help get the wheels of the US economy turning more briskly, the government has managed to grease the axle and flatten the tires at the same time.

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Politics

Friday, July 19, 2013

How State Education Religiously Conditions Us into Become Slaves to the Elite / Politics / Educating Children

By: Nadeem_Walayat

In the west we are born into societies that put the child (individual) on a perpetual conveyor belt towards religiously following the states education program. Where the child is constantly being conditioned to follow the rules as laid down by the elite that controls society. The child is conditioned to be always focused on working towards a far distant future reward (target job), where all of the education the child is in receipt of are steps on the path towards being rewarded with the hoped for job and accompanying wealth and prosperity.

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Politics

Friday, July 19, 2013

Nuclear Steam Rising – From Reuters / Politics / Nuclear Power

By: Andrew_McKillop

ABENOMICS AND THE ATOM
The very same Reuters which rushed to be the first agency to spread the June news about Fukushima that “Tepco is being overwhelmed with contaminated liquids as it flushes water over the three reactors at the seaside plant that had meltdowns after an earthquake and tsunami two years ago”, with Strontium-90 levels 125 times above the pre-catastrophe level, now tells us that restarting Japan's nuclear power fleet is seen by “Abe” and his team as the must have to top all must haves. Reuters reported today (18 July) that:

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Politics

Thursday, July 18, 2013

Student Loan Interest Rates Still Tangled Up In Congress / Politics / Student Finances

By: Money_Morning

Tara Clarke writes: Student debt in the United States has already surpassed the country's auto loans and consumer credit card debt. A student loan bubble looms on America's horizon, and promises dark times should it ever burst.

And earlier this month, the student loan problem worsened.

Federally subsidized Stafford loan interest rates doubled from 3.4% to 6.8% after Congress missed the July 1st 2013 deadline, and instead recessed for the Independence Day holiday.

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Politics

Thursday, July 18, 2013

Egyptians Need What Americans Need - More Economic Freedom / Politics / Social Issues

By: LewRockwell

Walter E. Williams writes: What Egyptian citizens must recognize is that political liberty thrives best where there’s a large measure of economic liberty. The Egyptian people are not the problem; it’s the environment they’re forced to live in. Why is it that Egyptians do well in the U.S. but not Egypt? We could make the same observation about Nigerians, Cambodians, Jamaicans and many other people who leave their homeland and immigrate to the U.S. For example, Indians in India suffer great poverty. But that’s not true of Indians who immigrate to the U.S. They manage to start more Silicon Valley companies than any other immigrant group, and they do the same in Massachusetts, Texas, Florida, New York and New Jersey.

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Politics

Thursday, July 18, 2013

Why Governments Can Do No Good / Politics / Social Issues

By: Jeff_Berwick

Government cannot do any desirable thing better than the market. It's physically impossible for them to do so, like chewing on your own jawbone. By its very nature, government is designed to disregard actual wants. It pretends to listen while it simply imposes. It steals money to fund whatever “services” it claims to be providing. That theft makes the situation a monopoly based on the violence inherent in the threat of force (kidnapping, caging and possible murder) behind the collection of taxes.

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Politics

Wednesday, July 17, 2013

Barclays, Energy Regulators Versus Market Riggers / Politics / Market Manipulation

By: Andrew_McKillop

WORLDWIDE PROBLEM
Hailed as Croatia stepping out of the shadows left by the break up of Yugoslavia and the ethnic cleansing war of the 1990s, and following 8 years of negotiations, on July 1st Croatia became the 28th member of the E.U. One of its first decisions was to join the little-heard-of CEER or Council of European Energy Regulators, as well as engaging in higher profile bargaining about which Croatian politician will become the 28th Commissioner of the E.C.

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Politics

Wednesday, July 17, 2013

Oil's Middle East Fallacy, Egypt Crisis It`s Jobs Stupid….. / Politics / Crude Oil

By: EconMatters

A couple of weeks ago Egypt demonstrations led to the Mursi administration being removed from office, who was elected from the last set of demonstrations. What Mursi and many media analysts failed to realize is that the demonstrations weren`t really about democracy, religion, philosophy or ideology but were actually about jobs.

It’s the economy stupid, that is what the Egyptian people really care about, which is ironic because without a major overhaul in their country`s entire business structure, the one strategic advantage the country has is the tourist industry.

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Politics

Tuesday, July 16, 2013

Chernobyl at Sea? Russia Building Floating Nuclear Power Plants / Politics / Nuclear Power

By: OilPrice_Com

So much for the lessons of Fukushima. Never mind oil spills, the Russian Federation is preparing an energy initiative that, if it has problems, will inject nuclear material into the maritime environment.

Speaking to reporters at the 6th International Naval Show in St. Petersburg, Baltiskii Zavod shipyard general director Aleksandr Voznesenskii said that the Russian Federation's first floating nuclear power plant "should be operational by 2016."

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