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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Friday, May 02, 2014

Russia’s Counterstrike: Currency and Palladium / Politics / Russia

By: Submissions

Georgi Ivanov writes: The ongoing tensions between Russia and the West over Ukraine have already been expressed in mutual sanctions, the expulsion of diplomats and the suspension of cooperation in nearly all forums – from NATO to the Arctic Council. Yet further sanctions are possible on Russia if an understanding on Ukraine is not reached soon, but Moscow’s reaction can have equally reverberating effects.

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Politics

Friday, May 02, 2014

The Fiscal Land Mine of Chicago / Politics / US Debt

By: Jeff_Berwick

Wendy McElroy writes: Chicago dances on the edge of a fiscal cliff. 

It is the third largest city in the US with a population of 2,714,856 as of mid-2012. It is the economic engine of Illinois. If Chicago falls, especially into bankruptcy, then the entire state is likely to do so as well. Illinois won’t declare bankruptcy because federal law prohibits the option. But insolvency would raise many of the same questions as bankruptcy. For example, who gets paid first, or at all? And how much on the dollar? If other cities stumble, as they would, then whether Illinois officially declares bankruptcy may be a matter of semantics.

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Politics

Friday, May 02, 2014

How the SEC Profits from High-Frequency Trading / Politics / HFT

By: Money_Morning

Shah Gilani writes: "The markets are not rigged."

That's what U.S. Securities and Exchange Commission Chairwoman Mary Jo White told a House of Representatives panel on Tuesday.

She went on to say, "The U.S. markets are the strongest and most reliable in the world."

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Politics

Friday, May 02, 2014

Why is Putin in Washington’s Crosshairs? / Politics / GeoPolitics

By: Mike_Whitney

US provocations in Ukraine cannot be understood apart from Washington’s “Pivot to Asia”, which is the broader strategic plan to shift attention from the Middle East to Asia. The so called “re-balancing” is actually a blueprint for controlling China’s growth in a way that is compatible with US hegemonic ambitions. There are different schools of thought about how this can be achieved, but loosely speaking they fall into two categories, “dragon slayers” and “panda huggers”. Dragon slayers favor a strategy of containment while panda huggers favor engagement. As yet, the final shape of the policy has not been decided, but it’s clear from hostilities in the South China Sea and the Senkaku Islands, that the plan will depend heavily on military force.

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Politics

Thursday, May 01, 2014

The Truth About May Day / Politics / Social Issues

By: Jeff_Berwick

As I write this police are using tear gas on protestors in Istanbul. It appears as if it is going to be another rowdy May 1.

Today is International Worker's Day, which is a celebration of labor and the working classes. May 1 is a national public holiday in more than 80 countries, though in some countries it is called Labor Day or something similar. Almost every year capitals across the world erupt in protest.

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Politics

Thursday, May 01, 2014

It How America Grows Its Way Into Poverty / Politics / Social Issues

By: Raul_I_Meijer

It was strange to see two Bloomberg articles side by side yesterday that didn’t look as if they were written in the same universe. Not Bloomberg’s fault, I think, they simply reported on an FOMC statement and incoming US economy numbers. But it was strange nonetheless. First, here’s the FOMC’s reasoning behind its decision to taper more:

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Politics

Thursday, May 01, 2014

Retirement Guard Duty 101 / Politics / Pensions & Retirement

By: Don_Miller

I was just a kid—barely wet behind the ears. At two minutes before midnight, the sergeant of the guard and I marched onto the runway tarmac. Following protocol, I formally relieved the previous guard of his post.

This was mid-July at the Marine Corps Air Station in Yuma, Arizona. For the next four hours, dressed in combat fatigues, I carried an (unloaded) M-1 rifle.

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Politics

Thursday, May 01, 2014

Putin - Accusations of Fascism are Flying High and Low / Politics / GeoPolitics

By: Andrew_McKillop

Pointing The Finger
Tablet magazine, which describes itself 'A New Read On Jewish Life' said in its April 4 issue that Putin for obvious reasons is falsely claiming the Kiev Flash Mob government's rise to power was ..”not a popular movement for democracy, European integration, and honest government”. Tablet says Putin pretends that the Kiev Flash Mob rose to power in  “a coup executed by nationalists, neo-Nazis, Russophobes, and anti-semites”. Tablet magazine writer James Kirchick then said that Jewish leaders in Ukraine have taken out full-page advertisements in the 'New York Times', Canada's 'National Post', and Israel's 'Ha’aretz' to face down Putin’s allegations of creeping fascism in their homeland.  These ads told Putin:  “Your certainty of the growth of anti-semitism in the Ukraine does not correspond to the actual facts. It seems you have confused Ukraine with Russia.”

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Politics

Thursday, May 01, 2014

Karl Marx Makes a Comeback — And That’s Okay / Politics / US Politics

By: John_Rubino

A perfect sign of the times is the unexpected success of a 700-page economics text called Capital in the 21st Century by French college professor Thomas Piketty. As of April 30, it is the best-selling book in the world and is generating the kind of controversy that one would expect for what is reportedly an updating of Marxist theory for the Internet age.

I haven’t read it, so can’t comment on the book itself. But the subject is a good springboard for a look at the actual tragedy of Karl Marx, which is that his ideas got tried out in the real world.

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Politics

Thursday, May 01, 2014

UK Economy Accelerating General Election Boom, Real Secret of Financial Success and Will Scotland Commit Suicide? / Politics / UK Economy

By: Nadeem_Walayat

Academic economists have once more been caught on the hop as the UK economy led by the services sector accelerates to its best year on year growth rate in 6 years of 3.1% by adding preliminary GDP of 0.8% for 2014 Q1 that annualises to an near economic boom rate of 3.2%, with the economy now looking set to have recouped all of the last Labour governments catastrophic collapse of 2008-2009 by the end of June this year.

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Politics

Wednesday, April 30, 2014

Technology and the Future of Jobs / Politics / Employment

By: BATR

Quite a stir occurred with the academic presentation, How Technology Is Destroying Jobs, by Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee. Both "have been arguing for the last year and a half that impressive advances in computer technology—from improved industrial robotics to automated translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education, and medicine."

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Politics

Wednesday, April 30, 2014

The Department Of (In)Justice Goes After Guns In Further Capital Controls / Politics / US Politics

By: Jeff_Berwick

The US government is attempting every possible angle to ensure Americans don't have access to guns.  The latest is a new twist on capital controls being instituted by the Department of (In)Justice.

The DoJ is why financial institutions are refusing services to companies as diverse as gun shops, bitcoin businesses, marijuana dispensaries and even the porn industry.

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Politics

Tuesday, April 29, 2014

The U.S. Opts for Ineffective Sanctions on Russia / Politics / GeoPolitics

By: STRATFOR

The United States announced new sanctions on seven Russian government officials April 28. A long-used tactic, sanctions can yield unpredictable effects or have no effect at all, depending upon how they are crafted. It is commonly assumed that sanctions are applied when a target country's actions are deemed unacceptable. The sanctioning nation presumably chooses sanctions to avoid war when war would be too costly or could result in defeat.

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Politics

Tuesday, April 29, 2014

The Political Future Of Dumbing Down / Politics / Social Issues

By: Andrew_McKillop

The Once Was New Thing
About 10 years ago in what are called the “mature western democracies” dumbing down had just been discovered, or invented. Journalists peppered their prose with the term, educationists wondered if it was the reason school kids and college students seemed to be so flaky about learning. Political pundits lambasted politicians for being dumbed down, books appeared in the bookstores talking about it. It was a conversational thing for ordinary people, too.

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Politics

Monday, April 28, 2014

Ron Paul - Obama's Drone Wars Undermine American Values / Politics / US Politics

By: Dr_Ron_Paul

Earlier this month, CIA-operated drones killed as many as 55 people in Yemen in several separate strikes. Although it was claimed that those killed were "militants," according to press reports at least three civilians were killed and at least five others wounded. That makes at least 92 US drone attacks against Yemen during the Obama administration, which have killed nearly 1,000 people including many civilians.

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Politics

Monday, April 28, 2014

Putin’s Ukraine Dilemma / Politics / Russia

By: Mike_Whitney

“The last decade of the twentieth century has witnessed a tectonic shift in world affairs. For the first time ever, a non-Eurasian power has emerged not only as a key arbiter of Eurasian power relations but also as the world’s paramount power.” (p. xiii)

“Now a non-Eurasian power is preeminent in Eurasia — and America’s global primacy is directly dependent on how long and how effectively its preponderance on the Eurasian continent is sustained.” (p.30)

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Politics

Sunday, April 27, 2014

Stalin, Hitler And The 5-Year Plans Of Banksters / Politics / Banksters

By: Andrew_McKillop

The 2008-2013 Plan
Stalin's infamous five-year plans started with a “trial version” in late 1928. By “trial version” this meant his plans already included show trials of political enemies with frequent death sentences. Designed and executed for Hitler, the German banker Hjalmar Schacht's five-year plan of 1934-1938 directly applied Keynesian “remedies” for the economy and public finances. Schacht's plan was called a “groundbreaking fiscal stimulus program”, creating work by rebuilding the nation’s worn infrastructures, jettisoning the gold standard, imposing capital controls, and increasing State debt, after “diluting” the State's previous debt.

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Politics

Sunday, April 27, 2014

US Government Can Kill US Citizens, But Not Strip Their Citizenship / Politics / US Politics

By: Jeff_Berwick

While Daniel Swalm researched his family's genealogy, he learned about a particular episode in which his grandmother, born and raised in Minnesota, was stripped of her US citizenship after marrying an immigrant from Sweden.

Under the obscure 1907 law called the Expatriation Act, a US born woman who married a foreigner was required to "take the nationality of her husband."

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Politics

Sunday, April 27, 2014

Mainstream Financial Press - All The News That's Fit To Print in 2014 / Politics / Mainstream Media

By: Fred_Sheehan

The most astounding rubbish is spoken every day by central bankers and other commentators who hold a monopoly on what the public at large knows. Most of the New York Times column (below) in 1929 fits today and is worth more refection than the next hundred speeches by Federal Reserve Chairman Janet Yellen.

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Politics

Saturday, April 26, 2014

Wall Street Greed: Not Too Big for a California Jury / Politics / Banksters

By: Ellen_Brown

United States Attorney General Eric Holder has declared that the too-big-to-fail Wall Street banks are too big to prosecute. But an outraged California jury might have different ideas. As noted in the California legal newspaper The Daily Journal:

California juries are not bashful - they have been known to render massive punitive damages awards that dwarf the award of compensatory (actual) damages. For example, in one securities fraud case jurors awarded $5.7 million in compensatory damages and $165 million in punitive damages. . . . And in a tobacco case with $5.5 million in compensatory damages, the jury awarded $3 billion in punitive damages . . . .

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