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Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Saturday, January 19, 2013

U.S. Fiscal Farce, Failure, Fantasy & Fornication Forecasts 2013 / Politics / Government Spending

By: James_Quinn

I’ve put off writing an article about what is likely to happen in 2013 so I could peruse the thousands of other articles by reputable bloggers, paid pundits, Wall Street shills and captured charlatans to gather their wisdom. It’s essential that I make predictions for 2013 so I can write another article in December rationalizing why 90% of my predictions failed to materialize. Reading all of these 2013 prediction articles made things much clearer for me. I now know for sure:

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Politics

Friday, January 18, 2013

CIA Wins 2013 Academy Awards, Dominates Hollywood Movies and TV / Politics / Propaganda

By: Washingtons_Blog

The Winners of the Academy Award and Golden Globe Are … Government Propagandists

Rob Kall points out that the military-industrial complex is the winner of the Golden Globe award:

Homeland won best TV series, best TV actor and actress. It IS a highly entertaining show which actually portrays some of the flaws of the MIIC system

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Politics

Friday, January 18, 2013

President Obama Shoots Himself in the Foot on Gun Contro / Politics / US Politics

By: Gary_North

North’s law of knee-jerk politics is this: “When you become a knee-jerk politician, you will eventually shoot yourself in the foot.” This is what President Obama has just done. He has decided that he is going to make gun control one of his two major issues.

The first issue is getting the House of Representatives to raise the debt ceiling. He has made it clear that he will not compromise in any way.

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Politics

Friday, January 18, 2013

The Ticking Trillion Dollar Debt Bomb / Politics / US Debt

By: Graham_Summers

Since the EU Crisis went into overdrive in 2010, EU politicians have largely resorted to political posturing rather than implementing any actual financial solutions to the EU’s debt and banking crisis.

To clarify that statement, we view a “real solution” as one that A) cleared bad debts from the system, B) brought debt levels down to manageable levels, and C) got the troubled country’s economy back on track.

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Politics

Thursday, January 17, 2013

Open Fort Knox! The Ink at the Money Printing Press Is Dry / Politics / US Debt

By: InvestmentContrarian

George Leong writes: The government needs money fast. The problem is that the bank vaults are closed for the time being, and unless they are opened by early March, America could face a cash crunch.

The intense battle between Congress and President Barack Obama, who is requesting an immediate increase to the current national debt limit of $16.4 trillion, is ongoing, but it needs to be resolved soon, as the current national debt subject to the limit is $16.39 trillion. Obama is threatening possible delays to Social Security and veterans’ benefits, along with an impact on the government payroll, if the cash doesn’t come. (Source: Lee, C.E., and Hook, J., “Obama Escalates Debt Fight,” Wall Street Journal, January 14, 2013.)

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Politics

Thursday, January 17, 2013

France's Soupcon Of Economic Austerity - Or Is It A Wall Of Poverty? / Politics / France

By: Andrew_McKillop

THE NUMBERS TALK
France's present and coming economic disaster is relatively well hidden, at least to outsiders who look in the wrong places and read the French official statistics - which are as lively, imaginative and "true to facts" as anyplace else. Above all, France seems for a short while longer to have wriggled out and away from the savage austerity cures which have already steamrolled, and go on crushing the economy and society of Spain, Greece, Portugal, Italy, Ireland and other European countries.

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Politics

Thursday, January 17, 2013

U.S. Government Raids Pension Funds to Avoid Debt Default / Politics / US Debt

By: Money_Morning

Diane Alter writes: The U.S. Treasury, in order to avoid default, has resorted to an eyebrow-raising move: it has borrowed from the federal employee pension fund as the country nears its debt ceiling.

The U.S. government stopped investing in the federal employee pension fund Tuesday "to avoid breaching the statutory debt limit," according to a letter Treasury Secretary Timothy Geithner sent to Congress.

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Politics

Thursday, January 17, 2013

Tim Geithner, the King of a Cloud Cuckoo Land Stock Market / Politics / US Politics

By: Raul_I_Meijer

On January 25, Timothy Geithner will step down as US Treasury Secretary. A lot of people will say and write a lot of things about him at that point, and it sounds like a good idea to be ahead of the game and provide some perspective.

There are voices claiming (there will be many more, promise) that Geithner pulled us out of the recession and the crisis, and saved the economy. That seems presumptuous. It may just as well be true that Geithner has fooled us into thinking that. Just because the stock markets are pulling through so far doesn't mean, let alone prove, that the economy has recovered or been saved. You would need something better, more substantial than that. While acknowledging that relatively strong stock market numbers are at least in potential a great way indeed to fool people about the economy.

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Politics

Thursday, January 17, 2013

Washington's Trillion Dollar Banana / Politics / Fiat Currency

By: Michael_Pento

It should be clear to all that Keynesian Counterfeiters now control many of the major governments across the globe. Fiscal and monetary "stimulus" led to the bond market collapses of southern Europe a couple of years ago. The Greek bond market was the first to crack at the beginning of 2010. Borrowing massive quantities of printed money caused yields on their 10-year note rose from 5.8% in January, to over 40% two years later. But the problem in Europe wasn't confined to just a Greek tragedy. In Portugal, their 10-year note yield soared from 4.07% at the start of 2010, to 15.4% in just 24 months. Similar, but less dramatic, bond duress occurred in Spain and Italy as well.

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Politics

Thursday, January 17, 2013

How Does the System of the Crooks Operate In America and Why Worry About It? / Politics / US Politics

By: Jas_Jain

Early in the morning, I watched an interview on Bloomberg with Boston Fed President Eric Rosengren, who just became a voting member on FOMC (Federal Open Market Committee, but it is more of a Foul Open Mouth Committee because these days they talk on TV lot more than they deliberate in the meeting, i.e., they are in propaganda business). Bill Cohan (that is the correct spelling according to Bloomberg), who had worked on Wall Street before the Crisis of 2008 and these days he is a Bloomberg commentator after writing a book on the Crisis, was infuriated after the interview because "all that the Fed is doing is enriching the banks." (Rosengren being the most supportive of Fed doing more QE, i.e., he is left of the left interventionist).

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Politics

Thursday, January 17, 2013

America's Un(der)employed Youth, The Man with the Broom... / Politics / Employment

By: Don_Miller

One of the greatest joys of writing Miller's Money Weekly and our premium publications is working with Alex Daley, Casey Research's resident technology guru, who also wears many other hats. While I can walk and chew gum, Alex can also whistle and juggle.

I've never reported to someone considerably younger than I am. What a treat! We are different in so many ways: I have a black book, he has a cell phone; my appointments are written on my big desk pad and his are programmed into his cell phone. You get the picture.

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Politics

Wednesday, January 16, 2013

Price for Eurozone Collapse is Too High / Politics / Euro-Zone

By: Pravda

The Eurozone will not fall apart, because the price of getting out of the game is too high for each country. When, in early September, it was announced that the ECB would buy government bonds in unlimited quantities, the bridges behind the Euro area countries have collapsed. There is no way back, and this means that one can only move forward and fight for their own happiness.

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Politics

Wednesday, January 16, 2013

Marooned Global Warmers Face Shrinking Floes Of Money / Politics / Climate Change

By: Andrew_McKillop

CRISIS IN PARADISE
Once upon a time any New Age journalist could make an easy living spouting global warming crisis themes and memes: it was only necessary to pick and mix the one-liners from Al Gore, James 'Gaia' Lovelock, James Hansen and other hopefuls supping at the brimful trough of "hard edged scientific facts" on climate change which show we are on the path to the Apocalypse, and-or the Olduvai Gorge. Today however, even the UK Met Office has been forced to heavily tone down, we should say cool down its gripping hockey stick forecasts of ever-leaping-upward temperatures, which for years it so confidently communicated (with a straight face) as a somber warning of Very Bad Things to Come.

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Politics

Wednesday, January 16, 2013

The Economics of Sequestration / Politics / Government Spending

By: BATR

Delaying the sequester process for two months confirms that business as usual is well on Capital Hill. The egregious idea of abiding by a former deal that would trigger automatic spending cuts is just too much for Congressional leaders to bear. March 1, 2013 is said to be the new due date. Senatorial magic escapes any semblance of facing up to the obvious. Administration spending is so habitual that even a government shutdown is immune from observance. The true economics of sequestration centers within the next imaginative episode of delay and denial. It is little wonder that commerce and business is a far more risky endeavor, when the principal problem of the national debt is abnegated as an excessive spending crisis.

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Politics

Wednesday, January 16, 2013

The Trillion Dollar Coin Trick / Politics / US Debt

By: Peter_Schiff

The birth, and the apparent death, of the trillion dollar platinum coin idea may one day be recalled as a mere footnote in the current debt crisis drama. The ultimate rejection of the idea (which was to use a loophole in commemorative coinage law to mint a platinum coin of any denomination) by both the the President and the Federal Reserve seems to offer some relief that our economic policy is not being run by out-of-touch academics and irresponsible congressmen. In reality, our government has been creating more than one trillion dollars out of thin air every year for the past five. The only difference is that the blatant dishonesty of a trillion-dollar platinum coin is so easy to understand that the public simply couldn't be expected to swallow it. The American people are more than willing to be fooled, but they won't tolerate so simple a ruse.

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