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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Friday, May 17, 2013

Too Big to Jail - Enough to Make Your Blood Boil / Politics / Credit Crisis 2013

By: Money_Morning

Shah Gilani writes: Here are two items that will upset you...

First, back in February, Attorney General Eric Holder christened the unofficial official doctrine of "Too Big to Jail."

He told Congress, "The size of some of these institutions [TBTF banks] becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if we do prosecute - if we do bring a criminal charge - it will have a negative impact on the national economy, perhaps even the world economy."

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Politics

Friday, May 17, 2013

A Reminder, the Fed Is NOT Printing Money / Politics / Quantitative Easing

By: Jesse

“So that the question is: Would there be any advantage, at this particular stage, in going back to the gold standard? And the answer is: I don't think so, because we're acting as though we were there.

So I think central banking, I believe, has learned the dangers of fiat money, and I think, as a consequence of that, we've behaved as though there are, indeed, real reserves underneath the system." Alan Greenspan, 20 July 2005
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Politics

Friday, May 17, 2013

Remember the $700 Billion Toxic Asset Bailout? / Politics / Credit Crisis Bailouts

By: Bill_Bonner

The financial news is getting boring. The Dow goes only one way – up. But gold fell below $1,400 per ounce yesterday.

Rather than trying to figure it out, yesterday evening we drove down to Zombietown. A friend in Washington had promised to introduce us to Neil Barofsky, inspector general of the TARP program.

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Politics

Thursday, May 16, 2013

Could Cuba’s Past Be America's Future? / Politics / US Politics

By: Casey_Research

By Jeff Thomas, International Man

An article was published in Uruguay that has received little notice outside of Latin America. This article refers to Cuban dissident Yoani Sánchez, also little known in the First World. Ms. Sánchez has recently been allowed to travel outside of Cuba for the first time, as a result of the elimination of "exit visas." The requirement for exit visas was imposed in 1961 to stop Cubans who opposed the then-new Castro regime from being able to leave Cuba. (Editor's note: The regime in Washington imposes an "exit tax" for certain Americans who renounce their citizenship.

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Politics

Thursday, May 16, 2013

Mervyn King Mission Accomplished, Bankster's Saved, Debt Monetized Via QE Stealth Inflation Theft / Politics / Central Banks

By: Nadeem_Walayat

Mervyn King delivered his last Bank of England Quarterly Inflation economic propaganda report as he is due to make away for the Canadian Central Bank governor Mark Carney in June. His final message was one of economic optimism in terms of forecasting stronger economic growth going forward of 2% in 2 years time.

"There is a welcome change in the econ comic outlook, today's projections are for growth to be a little strong and for inflation to be a little weaker than we expected 3 months ago, that is the first time I have been able to say that since before the financial crisis"

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Politics

Wednesday, May 15, 2013

We Are All Going to Die! Looming 6th Major Extinction / Politics / Environmental Issues

By: Bill_Bonner

Today, we interrupt our regular coverage of markets, morons and mush-head economics to give you a heads-up:

We may all be doomed!

Not just you... not just us... but the whole friggin' human race may soon be on the endangered species list. Boohoo! We're going extinct. So says an article in Newsweek. (More below...)

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Politics

Wednesday, May 15, 2013

IRS as a Political Tax Hit Squad / Politics / US Politics

By: BATR

When the Internal Revenue Service admits to violations of law by targeting limited government advocate organizations, you know that the non-divulged crimes are much worse. The discloser in the mainstream media is a pleasant astonishment. The usual pattern of protecting "Big Government" is still intact, while the noise and agency diversion on the abuses of the IRS avoid the fundamental problem with federal taxation, based upon a system of deductions, exemptions, incentives and grants. The extortion and intimidation in the enforcement of the tax code is the entrusted role assigned to the IRS by the political hacks that administer the social engineering experiment that is fundamentally changing America.

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Politics

Wednesday, May 15, 2013

Extremist Ideology of Multiculturalism is Why Over 90% of Immigrants Tend NOT Assimilate / Politics / Immigration

By: Nadeem_Walayat

Many of the mainstream politicians actively promote the policy of multiculturalism as the primary way for immigrants to integrate / assimilate themselves with diverse cultures into British society, whereas the facts spanning several decades suggest the complete opposite takes place as the policy of multiculturalism (all cultures being equal) results in immigrants tending to congregate in ghettos that over time displace the indigenous populations, which are further reinforced by subsequent generations most of whom remain within their expanding boundaries of ghetto's which we see in ALL immigrant population groups, which is reinforced by state schools teaching of multiculturalism and by religious schools. The only change that happens over the time is that ghettos can become wealthy i.e. the Jewish immigrants of the 1930's to 1940's now live in rich ghettos such as Gants Hill, Golder's Green, Hampstead and Hendon, similar changes occurred with Hindu and Sikh migrations of the 1950's to 1970's and then for Pakistani's of the 1960's to 1980's and likely for a whole host of more recent influx of migrants from Africa, East Asia (China) and off course Eastern Europe.

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Politics

Wednesday, May 15, 2013

Geopolitical Journey: Europe, the Glorious and the Banal / Politics / European Union

By: John_Mauldin

Standing at the edge of the old world and the beginning of the new one, at the tip of Portugal, Stratfor's George Friedman is moved by the exploits of 15th-century European explorers and dismayed by the present fear pervading the Continent that "any decisive action will tear the place apart."

Europeans wreaked much havoc as they spread throughout the world, but they also "left as [their] legacy something extraordinary: a world that knew itself and all of its parts." But now, George asks, with "the death of hubris and of risk-taking … what follows, what is left?" The Europeans are "now reduced to finding a way to resume the comforts of the unexceptional…. Europe has chosen comfort, and now has lost it. It sought transcendence and tore itself apart."

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Politics

Wednesday, May 15, 2013

Why Obama's Syria 'Red' Line Turns Pink / Politics / US Politics

By: Patrick_Henningsen

Back in August 2012, things were a lot different in Washington DC and in the White House.

The Obama administration was brandishing a confident swagger back then, heading into the elections against a hobbling GOP opponent, and Benghazi had yet to unfold in all of its ugliness.

As Hillary Clinton was jetting around on the US State Department budget promoting her 'Friends of Syria' Middle East and European tours, and as the CIA were busy like bees working in the gray shadows of Benghazi, Washington and London were laying the groundwork for their new WMD case is Syria.

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Politics

Tuesday, May 14, 2013

Benefits Cuts and Higher Taxes for Seniors in Obama Budget / Politics / Pensions & Retirement

By: Don_Miller

Some people claim that our Social Security system isn't broke. Technically, they're right. The Old Age andSurvivors Trust Fund (OASI) currently holds $2.5 trillion in special government Treasuries that can be redeemed at any time – in theory of course.

But here's the catch. What happens when the OASI needs those trillions of dollars to pay out benefits? Essentially, the government has to find the money to pay the face value of those Treasuries. So from that standpoint, Social Security is broke. The Treasury IOUs are not backed by any cash surplus, only by faith that the US government will somehow come up with the cash... probably by indebting itself further or by raising taxes.

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Politics

Tuesday, May 14, 2013

3D Printing, Bitcoin, the Digital Age Revolution Has Begun / Politics / Internet

By: Jeff_Berwick

Welcome to the official beginning of the digital age!

When I first heard that the Internet had finally come to fruition in 1994, I could hardly contain my excitement as I'd been waiting for it since I got my first computer in 1981. When I heard about the Internet 13 years later I didn't even know what anarchism really was or had heard the word libertarian, but I instinctively knew that most problems in the world could be solved if people would just have more of an ability to communicate and to get access to real information. Having grown up in Canada, I was certain that the government's Canadian Broadcasting Corporation (CBC) was not giving me the full and truthful picture of the world!

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Politics

Monday, May 13, 2013

Ron Paul on What No One Wants to Hear About Benghazi / Politics / US Politics

By: Dr_Ron_Paul

Congressional hearings, White House damage control, endless op-eds, accusations, and defensive denials. Controversy over the events in Benghazi last September took center stage in Washington and elsewhere last week. However, the whole discussion is again more of a sideshow. Each side seeks to score political points instead of asking the real questions about the attack on the US facility, which resulted in the death of US Ambassador Chris Stevens and three other Americans.

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Politics

Sunday, May 12, 2013

The Happy Green Planet, Why Has Global Warming Stopped? / Politics / Climate Change

By: Andrew_McKillop

Despite the propaganda, despite the outright hysteria drummed out by a large slice of the Global Warming Crisis Community, world average temperatures have not risen for over 10 years. Reading the politically correct press or watching government-friendly TV news you might not know it - but it is true. The global warming guru cartel of "warmist" well-paid talking heads has broken apart.

The guru talkers included Britain's Sir James Lovelock, who in 2006 screamed in the politically correct UK press that "Billions will die from global warming before the end of the century". The very same 'Jimbo' Lovelock, today, accuses the "warmists" of outright and shameful exaggeration.

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Politics

Sunday, May 12, 2013

Third World America / Politics / US Politics

By: Stephen_Lendman

Center for Economic and Policy Research co-director Dean Baker calls poverty America's "new growth industry." The state of today's America is deplorable.

In his latest May 3 analysis, economist John Williams said "April "employment and unemployment data were nonsense: the economy remains in serious trouble."

About 23% of Americans wanting work can't find it. Most jobs are temp or part-time low pay/poor or no benefit service ones with no futures. Conditions are getting worse, not better.

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