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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Friday, February 07, 2014

How Central Banks Cause Income Inequality / Politics / Central Banks

By: Frank_Hollenbeck

The gap between the rich and poor continues to grow. The wealthiest 1 percent held 8 percent of the economic pie in 1975 but now hold over 20 percent. This is a striking change from the 1950s and 1960s when their share of all incomes was slightly over 10 percent. A study by Emmanuel Saez found that between 2009 and 2012 the real incomes of the top 1 percent jumped 31.4 percent. The richest 10 percent now receive 50.5 percent of all incomes, the largest share since data was first recorded in 1917. The wealthiest are becoming disproportionally wealthier at an ever increasing rate.

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Politics

Friday, February 07, 2014

Farm Bill 2014: The Food Insecurity Bill / Politics / Food Crisis

By: Michael_T_Bucci

As part of a package of agricultural legislation, Congress and the President have passed what should be called "the food insecurity bill" that will cut $8.7 billion in food assistance (SNAP or food stamps) over the next decade. The bill will cause an estimated 850,000 low-income households in sixteen states (including Maine) to lose an average $90 in monthly benefits, according to the Center on Budget and Policy Priorities, following an approximately $11 billion cut to SNAP benefits on November 1 of last year. Since 2007 and the beginning of the Great Recession, food stamp enrollment has surged from about 26.3 million people to 47.6 million last year, according to Agriculture Department figures.

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Politics

Wednesday, February 05, 2014

No Bid Government Contracts / Politics / Government Spending

By: BATR

Corporatocracy is distinctly the dominate practice when it comes to doing business with the federal government. The once embryonic relationships between favored companies and agency bureaucrats, have germinated into distinctive hybrid organisms. Grafting into self-generating species resistant and virtually immune from pest control methods can be found in every area of government expenditures. The big daddy of cozy dealing is that preverbal military-industrial-security complex.

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Politics

Tuesday, February 04, 2014

Ben Bernanke’s Legacy: A Weak and Mediocre U.S. Economy / Politics / US Federal Reserve Bank

By: MISES

John P. Cochran writes: As Chairman Bernanke’s reign at the Fed comes to an end, the Wall Street Journal provides its assessment of “The Bernanke Legacy.” Overall the Journal does a reasonable job on both Greenspan and Bernanke, especially compared to the “effusive praise from the usual suspects; supporters of monetary central planning. The Journal argues when accessing Bernanke’s performance it is appropriate to review Bernanke’s performance “before, during, and after the financial panic.”

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Politics

Tuesday, February 04, 2014

How Obama Destroyed National Security and Made Uranium Investors a Fortune / Politics / Uranium

By: Marin_Katusa

With Valentine's Day coming up fast and furious, I wanted to take a moment to give heartfelt thanks to one of my personal heroes this year—the man who single-handedly destroyed US national security and will give smart uranium investors a lot to be grateful for in the coming months. This letter is addressed to him.

Dear President Obama (may I call you Barry?),

I'm writing this letter to you in sincere appreciation and heartfelt gratitude for your achievements regarding national security and the uranium sector.

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Politics

Tuesday, February 04, 2014

Pension Promises Go Unfulfilled / Politics / Pensions & Retirement

By: Don_Miller

I don't know which is worse: realizing you cannot keep a promise you made to someone important to you, or being the person who relied on the promise when you grasp that it is not going to be kept.

In 1973, I was 33 years old and just starting a public-speaking career. The National Speakers Association asked me to join, and I became a charter member. Our first president, the late Bill Gove, was a terrific speaker and also a great salesman—one of the top life insurance salesmen in the country for many years.

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Politics

Tuesday, February 04, 2014

A More Assertive German Foreign Policy / Politics / Germany

By: STRATFOR

By George Friedman and Marc Lanthemann: The Ukrainian crisis is important in itself, but the behavior it has elicited from Germany is perhaps more important. Berlin directly challenged Ukraine's elected president for refusing to tighten relations with the European Union and for mistreating Ukrainians who protested his decision. In challenging President Viktor Yanukovich, Berlin also challenged Russia, a reflection of Germany's recent brazen foreign policy.

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Politics

Tuesday, February 04, 2014

Government Schools Common Core Indoctrination / Politics / Education

By: BATR

Over the last half century, the public school establishment in America has achieved enormous results, if the intention was to dumb down the population. The term public is archaic, since the current age promotes an internationalist interdependency culture, where the state defines institutional roles and sanctions accepted standards. The public plays virtually no effective role in this process. For this reason the proper term to use is government indoctrination centers. Bringing back the McGuffey Readers as the alternative to the state syllabus of common core is a step in the right direction.Our Dysfunctional Public Education Is No Accident essay lays out the correct standard.

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Politics

Tuesday, February 04, 2014

Harvard Economist Pulling His Money From Bank Of America / Politics / Credit Crisis 2014

By: EWI

An excerpt from a new article by Terry Burnham, a former Harvard economics professor.

EWI's president Bob Prechter has been warning about the safety of the U.S. banking system for a while.

Enjoy this excerpt from a new article by Terry Burnham, a former Harvard economics professor, author of "Mean Genes" and "Mean Markets and Lizard Brains", who spoke at last year's Socionomics Summit in Atlanta.

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Politics

Monday, February 03, 2014

Behavioral Economics and Irrational Voters / Politics / Social Issues

By: MISES

Julian Adorney writes: The rise of behavioral economics has long been seen by statists as a body blow to libertarianism. By arguing that people are irrational consumers who are easily manipulated, behavioral economics seems to argue for state intervention to save us from ourselves. In his best-seller Predictably Irrational, behavioral economist Dan Ariely claims that irrational consumers invalidate arguments in favor of the free market, namely those that ague that free consumer choice leads to the most efficient and productive economy. Since consumers are irrational, Ariely claims, we need the government to step in and regulate the economy.

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Politics

Monday, February 03, 2014

Inside the Bankster Settlements: Where All the Money Is Going / Politics / Banksters

By: Money_Morning

Shah Gilani writes: Everyone wants to know where the billions of dollars big banks have forked over to bank regulators, the SEC, the CFTC, the FERC, and the Department of Justice ends up.

But, before I can tell you who's paid out what, the infractions they committed, and where that money ends up, I want to give you information that's critical in assessing your bank and your investments...

Just who is it that's looking out for your money?

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Politics

Monday, February 03, 2014

The Real State of the Union / Politics / US Economy

By: Andy_Sutton

Before anyone gets all bent out of shape, this is NOT going to be a political essay. To restate my position on the issue of politics, I couldn’t care less what group or party anyone belongs to, but rather, about how they do the job they were entrusted with doing. In my lifetime we’ve had but a few lawmakers who truly did their jobs with the trust and stewardship of their constituents in mind. That group grows fewer as we egress from the former America into this brave new world of offshoring, economic microcephalism, and blatant malfeasance.

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Politics

Monday, February 03, 2014

Ron Paul on America's and the Continuing Al-Qaeda Threat / Politics / Al-Qeeda

By: Dr_Ron_Paul

Appearing last week before the Senate Intelligence Committee, Director of National Intelligence James Clapper testified that he could not say the threat from al-Qaeda is any less today than it was ten years ago. It was a shocking admission. Does he mean that the trillions of dollars spent fighting the war on terrorism have resulted in no gains? That those who urged us to give up some of our liberties to gain security have, as Benjamin Franklin warned, lost both?

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Politics

Sunday, February 02, 2014

Who Wants Ukraine? / Politics / Eastern Europe

By: Andrew_McKillop

Stalin and Krushchev Wanted Ukraine

For most Europeans, Ukraine is a gas transport corridor for bringing overpriced Russian gas to Europe and Ukraine either overcharges Gazprom for gas transit fees, or does not pay Gazprom for the gas it takes for national consumption. This Russian-Ukrainian gas game occasionally tips into gas embargoes hitting consumers further down the line. As a geopolitical bargaining chip, conversely, Ukraine had considerable import  and weight during the Cold War period which ended in 1989-91. Russia relatively quickly withdrew “nearly all” its nuclear-tipped missiles, atomic warheads and nuclear military equipment and component inventories from Ukraine, in the 1990s.

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Politics

Sunday, February 02, 2014

Israel’s Secret Nuclear Weapons Program / Politics / Israel

By: Stephen_Lendman

It’s an open secret. It’s been known for years. Mainstream media suppress it. They pretend none exists.

It’s real. It’s menacing. Imagine ignoring what threatens humanity. Imagine pretending Iran’s peaceful nuclear program does so. Imagine risking regional or global war by doing it.

London’s Guardian is an establishment broadsheet. It’s usually conformist. Once in a while it’s not.

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Politics

Sunday, February 02, 2014

Kill the Minimum Wage and Give Teens a Future / Politics / Employment

By: LewRockwell

G. Joseph McLiney writes: Business owners know when a product is not selling, regardless of whether it’s apples or automobiles, they must lower the price.

Sometimes they’re forced to cut it severely and take a loss. Most reasonable people would contend that it’s a right of the owner to sell his product at whatever level the owner determines is in his best interest.

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Politics

Sunday, February 02, 2014

Peter Schiff on How The Daily Show Trapped Me / Politics / Mainstream Media

By: Peter_Schiff

When I accepted “The Daily Show”’s invitation to be interviewed about my opposition to a minimum wage increase, I knew that I was walking into a trap. But given how counterproductive I know such an increase would be to those the law proposes to help, I took the risk anyway.

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Politics

Sunday, February 02, 2014

Education: Transforming The Most Unscientific And Mismanaged Industry Into A Scientific, Competitive And Learner-Friendly Industry  / Politics / Education

By: Dr_R_M_Mathew

The Lost Generation

Education is the most unscientific and mismanaged industry. For the ‘lost generation’ of the Global Economic Crisis, Education has become a necessary evil.  Without education, one’s life is doomed; life is also doomed, if one goes for education, it turns everybody a life-long debtor or at least a debtor during the prime time of the youth. The steady decline of the quality, the increasing irrelevance and the exponential rise of the social and personal cost of education have been fermenting into political upheavals and revolutions worldwide.

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Politics

Sunday, February 02, 2014

Enough is Enough: Fraud-Ridden Banks Are Not L.A.’s Only Option / Politics / Banksters

By: Ellen_Brown

“Epic in scale, unprecedented in world history. That is how William K. Black, professor of law and economics and former bank fraud investigator, describes the frauds in which JPMorgan Chase (JPM) has now been implicated. They involve more than a dozen felonies, including bid-rigging on municipal bond debt; colluding to rig interest rates on hundreds of trillions of dollars in mortgages, derivatives and other contracts; exposing investors to excessive risk; failing to disclose known risks, including those in the Bernie Madoff scandal; and engaging in multiple forms of mortgage fraud.

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Politics

Sunday, February 02, 2014

The State of the States: Post-Bernanke Bellum / Politics / US Politics

By: Fred_Sheehan

One can almost imagine ex-chairman Bernanke shaking his head in disbelief. (For the record, I cannot conceive of Simple Ben possessing the capacity for what follows, so this is an indulgence in creative writing.):

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