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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Monday, June 23, 2014

Out-of-control Central Banks are Buying Up the Planet / Politics / Central Banks

By: Ellen_Brown

In China and elsewhere, central banks are turning from monetary policy to asset grabs.

Finance is the new form of warfare – without the expense of a military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy foreign resources, real estate, public and privatized infrastructure, bonds and corporate stock ownership. Who needs an army when you can obtain the usual objective (monetary wealth and asset appropriation) simply by financial means? — Dr. Michael Hudson, Counterpunch, October 2010

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Politics

Monday, June 23, 2014

George Osborne HS3 Leeds and Manchester Rail Link for New North Mega-City / Politics / UK Politics

By: Nadeem_Walayat

George Osborne has thrown an major infrstrucvutre funding election scrap at the north by suggesting that a new high speed link HS3 should be created between Manchester and Leeds that would more than halve the existing travel time between the two cities.

"The cities of the North are individually strong, but collectively not strong enough. The whole is less than the sum of its parts. So the powerhouse of London dominates more and more. And that's not healthy for our economy. It's not good for our country.

"We need a northern powerhouse too. Not one city, but a collection of northern cities - sufficiently close to each other that combined they can take on the world. Able to provide jobs and opportunities and security to the many, many people who live here, and for whom this is all about."
- George Osborne

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Politics

Sunday, June 22, 2014

The Death Of Nations And The No-Nation Paradigm / Politics / GeoPolitics

By: Andrew_McKillop

The Neolibs Said
Concerning western societies and nations, the “new economy” ideologues of the early 1980s can be blamed for the rot. They intensely argued for the total triumph of a magic disembodied thing called “the market” which would sweep away all traces of antique leftovers from the 18th century – the nation states. Everybody would move up and on to “the market”. It would be self-organizing and self-running, and (of course) capitalist, reproducing the Adam Smith paradigm of individual greed somehow producing or resulting in collective good. That can only make sense!

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Politics

Sunday, June 22, 2014

EU Goes From Peacemaker To War Mongerer / Politics / Euro-Zone

By: Raul_I_Meijer

Jean-Claude Juncker, a former Luxembourg PM, claims that his EU-wide center right faction, the European People’s Party, “won” last month’s European Parliament elections, but something is not what it seems. They’re the largest faction, that’s true enough, but they had to concede 44 of their seats. In other words, while they claim a win, in reality it was a big loss. Which, in democratic systems, represents a call for modesty. Juncker will have none of that. He demands the leadership chair of the European Commission.

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Politics

Sunday, June 22, 2014

Momentum And Inertia In Debt And Climate / Politics / Social Issues

By: Raul_I_Meijer

Today, we give you another little gem from Nelson Lebo, our dear friend in Wanganui, New Zealand, who equates the inertia in debt (economy) with that of heat (climate), a smart idea that makes a lot of – explanatory – sense. But first, here’s a picture of Nicole and I back in April 2012 (that’s a kitten named Billy T I’m holding in my arms) at the Lebo home that Nelson restored from basically a bare skeleton and which he talks about in this article, in Castle Cliff, one on New Zealand’s poorest neighborhoods. The house is right by a beach with black volcanic sand and – I kid you not – a local seal slash resident beachmaster who was keeping watch lying on top of these huge pieces of eucalyptus driftwood.

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Politics

Sunday, June 22, 2014

Scientists Predict Increased Rain, Floods for Northeast / Politics / Climate Change

By: Walter_Brasch

Pennsylvanians will experience increased rainfall and floods if data analysis by a Penn State meteorologist and long-term projections by a fisheries biologist, with a specialty in surface water pollution, are accurate.

Paul Knight, senior lecturer in meteorology at Penn State, compiled rainfall data for Pennsylvania from 1895—when recordings were first made—to this year. He says there has been an increase of 10 percent of rainfall during the past century. Until the 1970s, the average rainfall throughout the state was about 42 inches. Beginning in the 1970s, the average began creeping up. “By the 1990s, the increase was noticeable,” he says. The three wettest years on record since 1895 were 2003, 2004, and 2011. The statewide average was 61.5 inches in 2011, the year of Tropical Storm Lee, which caused 18 deaths and about $1.6 billion in damage in Alabama, Louisiana, Mississippi, and Texas, and devastating flooding in New York and Pennsylvania, especially along the Susquehanna River basin.

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Politics

Sunday, June 22, 2014

Splitting Up Iraq - It’s All For Israel / Politics / Iraq War

By: Mike_Whitney

“It is no longer plausible to argue that ISIS was a result of unintentional screw ups by the US. It is a clear part of a US strategy to break up the Iran-Iraq-Syria-Hezbollah alliance. Now that strategy may prove to be a total failure and end up backfiring, but make no mistake, ISIS IS the strategy.” - Lysander, Comments line, Moon of Alabama

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Politics

Friday, June 20, 2014

Should The West Save Iraq? / Politics / Iraq War

By: Andrew_McKillop

Why Does Obama Hesitate?
Obama hesitated for some while before deciding not to bomb Syrian president Bashr el-Assad out of power. To be sure, Russia helped that decision in a big way. If el-Assad had been chased from power and given a show trial like Saddam Hussein before being killed, or not even given a show trial like Muammar Gaddafi before being killed, fundamentalist Islamic forces would have held sway in Syria.

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Politics

Friday, June 20, 2014

Congress Makes a Clean Sweep of Corruption – Under the Rug / Politics / Market Regulation

By: Money_Morning

Shah Gilani writes: Do you remember the not-so-big-deal legislation known as the 2012 STOCK Act?

That’s STOCK as in Stop Trading on Congressional Knowledge.

Members of the House and Senate passed this act – which in this case should be short for acting like whores -quietly because it pointed to Congress as a bed of lascivious insiders who trade for personal gain through the backroom market-moving horse trading that they massage into laws in D.C.

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Politics

Thursday, June 19, 2014

Jordan Next Target for ISIS? / Politics / Middle East

By: STRATFOR

The Islamic State in Iraq and the Levant, buoyed by its recent successes in Iraq, wants to expand its regional reach. Reports that Iraq has withdrawn forces from western towns close to its 180-kilometer (110-mile) border with Jordan have left Amman feeling vulnerable, and the Hashemite kingdom, certainly a target of interest for the jihadist movement, has deployed additional security personnel along the border.

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Politics

Thursday, June 19, 2014

Iraq: The Cost of Building a Failed State / Politics / Iraq War

By: Steve_H_Hanke

"Governments constantly choose between telling lies and fighting wars, with the end result always being the same. One will always lead to the other." - Thomas Jefferson

Nobel Laureate George Akerlof uses this edifying quote from Thomas Jefferson to good effect in his foreword of Hossein Askari's excellent read, Conflicts and Wars: Their Fallout and Prevention (Palgrave MacMillan, New York, 2012). Indeed, Prof. Akerlof has this to say about Askari's work:

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Politics

Wednesday, June 18, 2014

Central Banker Right Think – The Imams Fight Back  / Politics / Central Banks

By: Andrew_McKillop

Not Credible
The central banker fraternity has its own ideological Right Think, like the mob of Tea Towel Heads presently near Baghdad, but the UK glove puppet media has singled out Britain's central bank chief Mark Carney as “unreliable and out of line”. He supposedly infringed central banker right think but what he did wrong is as arcane as Sunni and Shia imams hairsplitting the doctrines of ibn Hanbal and al-Askari. In any case don't be mistaken. Carney is a fully paid-up member of the bankster fraternity. Attacking him is like attacking all the rest.

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Politics

Wednesday, June 18, 2014

ISIS Crisis Only Tip of the Sunni Ice-berg in Iraq, Whilst Blair Goes Mad / Politics / Iraq War

By: Nadeem_Walayat

The mainstream press has been awash with commentary over the past few days of the apparent miraculous speed at which ISIS has conquered approx 1/3rd of Iraq and now threatens the capital Baghdad, which has prompted has been's such as Tony Blair to step forward and offer his tuppence worth of recommendations for apparently an Iraq War 2 style western assault on the region, suggestions which were immediately denounced by many, including Boris Johnson as being mad.

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Politics

Tuesday, June 17, 2014

Intrigue Lying Behind Iraq's Jihadist Uprising - Saudi Arabia Stirs the Pot / Politics / Middle East

By: STRATFOR

Reva Bhalla writes: Events in Iraq over the past week were perhaps best crystallized in a series of photos produced by the jihadist group the Islamic State in Iraq and the Levant. Sensationally called The Destruction of Sykes-Picot, the pictures confirmed the group's intent to upend nearly a century of history in the Middle East.

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Politics

Tuesday, June 17, 2014

Debt, Civic Decay, Global Disorder - Fourth Turning Accelerating / Politics / Social Issues

By: James_Quinn

“In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initial spark will trigger a chain reaction of unyielding responses and further emergencies. The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability –problem areas where America will have neglected, denied, or delayed needed action.” - The Fourth Turning - Strauss & Howe – 1997

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Politics

Monday, June 16, 2014

Central Banks Have Become The Markets / Politics / Central Banks

By: Raul_I_Meijer

The cluster, – or pride, or cabal – of global central banks, led by the Bank of Japan have come very close to strangling their respective bond markets to the point suffocation with ultra low interest rates, and therefore together moved $29 trillion they had ‘invested’ there into equity markets. Restoring the world’s $100 trillion bond markets to health, even ever, will be a task so daunting that it’s hard to see one single way it can be done. The Bank of Japan has become the de facto only buyer of its own government’s bonds, with the result that trading has ground to a halt, literally so for a number of days last week. Yields on global bonds have been manipulated down so much that not only pension funds and other traditional large-scale fixed-income buyers feel forced to move into stocks, it’s even come to the point where central banks themselves, too, make that move.

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Politics

Monday, June 16, 2014

Mafia GDP, Systemic Conspiracy to Alter Economic Data / Politics / Economic Statistics

By: Michael_Pento

Governments are not engaged in a systemic conspiracy to alter economic data after it has been collected. To get a multitude of individuals agreeing on how to fudge information would be far too difficult to control. Instead, it is much easier for a small group of government officials to simply change the formula for calculating the data points that they desire to manipulate to make the information seem more palatable.

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Politics

Monday, June 16, 2014

US Puppet Regimes in the Muslim World Are All Tyrannies / Politics / Middle East

By: Jack_D_Douglas

The sudden implosion of the vast Iraqi Army of the Baghdad Puppet Regime constructed by the U.S. is an excellent early warning of the fates of the other U.S. puppet states in the Muslim World—Afghanistan, Egypt, Pakistan, Yemen, Libya, Saudi Arabia, Kuwait, Bahrain, U.A.E., and lesser ones. As always, there are many differences among these puppet states, including degrees of being puppets of the U.S., but the general picture of them and their situation now are roughly similar.

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Politics

Monday, June 16, 2014

Ron Paul - Haven't We Already Done Enough Damage in Iraq? / Politics / Iraq War

By: Dr_Ron_Paul

In 2006, I invited the late General Bill Odom to address my Thursday Congressional luncheon group. Gen. Odom, a former NSA director, called the Iraq war "the greatest strategic disaster in American history," and told the surprised audience that he could not understand why Congress had not impeached the president for pushing this disaster on the United States. History continues to prove the General's assessment absolutely correct.

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Politics

Sunday, June 15, 2014

Mena War Fever And The Iraq Crude Oil Price Spike / Politics / Iraq War

By: Andrew_McKillop

Libyan Precedent
Whatever Libya's oil production is, this week, it is a lot less than the approximate 1.6 million barrels a day it regularly extracted and shipped during the Muammar Gaddafi era. Libya has no effective government and its last prime minister Ali Zedan fled to Europe in March, replaced by a shifting coalition of rival forces with changing strongmen. His supposed replacement, former Defence minister Abdullah el-Thinni has since late April kept a low profile, sometimes saying he has “stepped down”, and sometimes not. As recently as June 4, he told Reuters that he was stepping down but was also staying on as “interim PM”!

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