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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Thursday, June 26, 2014

It's Going To Get Awful Hot In The USA This Century / Politics / Climate Change

By: Andrew_McKillop

More Deadly Than The US Has Ever Seen
Bloomberg sites are giving wall-to-wall coverage to the latest “shock report” on global warming. The report titled “Risky Business” was commissioned by Michael Bloomberg himself – helping explain its promotion by Bloomberg sites -  and his tight-knit group of former and present business and political associates, including ex-Treasury secretaries Henry Paulson, George Schulz and Robert Rubin. The report kicks off the Doomster list with predictions that “by the end of the century, between $238 billion and $507 billion of existing coastal property in the U.S. will likely be subsumed by rising seas, and crop yields in some breadbasket states may decline as much 70 percent”.

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Politics

Thursday, June 26, 2014

GDP - They’re Lying To Us / Politics / Economic Statistics

By: John_Rubino

Today the US took its next-to-last stab at calculating First Quarter GDP, and the downward revision was impressive even by recent standards. It now appears that the economy, well, here’s how Bloomberg puts it:

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Politics

Wednesday, June 25, 2014

European Union Fools Paradise / Politics / European Union

By: Pravda

Smoke of wood stoves rises over cities of Greece, Spain suffers from youth unemployment, Germany raises retirement age to 76 years, whereas in the heart of London, people gather to protest against austerity measures. Who benefits from multiplying the poor in Europe? Has the tale of good European life been destroyed?

"In winter you can heat your house with gasoline-powered radiators, - a real estate agent in Cyprus told Pravda.Ru. - But we, for example, have a big house, and gasoline is expensive. So we installed a wood-burning oven, a pot-belly stove."

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Politics

Wednesday, June 25, 2014

We Live in Our Own Past / Politics / Social Issues

By: Raul_I_Meijer

I’m going to step into uncharted territory, a for lack of a better word philosophical theme that I’ve long had on my mind but can’t quite figure out completely yet, and I would like you to tell me how much of it you recognize, or that maybe I’m a total fool for looking at things the way I do. You see, I often have this notion that we are living in our own past; not even our present, and certainly not our future.

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Politics

Wednesday, June 25, 2014

Ben Bernanke: Buy One Get Three Free / Politics / US Federal Reserve Bank

By: Vitaliy_Katsenelson

Linear thinking is dangerous. It is the easiest form of reasoning, lying on the path of least resistance. The simpler the path, the more readily people will march along it. Linear arguments are easy to make, as they require the least amount of evidence — past data points with a straight line drawn through them.However, the larger the crowd that follows the wrong line of reasoning, the more people pile in, and the greater the consequences if they are proved wrong.

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Politics

Tuesday, June 24, 2014

Game of Thrones, European-Style / Politics / Euro-Zone

By: John_Mauldin

I came back from Italy this week, and one of my guilty pleasures was being able to sit down and watch the last three episodes, including the season finale, of Game of Thrones. For those readers who are not enthralled with the fantasy epic from HBO or have not read the first five books (will he ever finish?), author George R.R. Martin has written one of the most complex fantasy series ever, about a world where everyone is occupied with who will sit on the Iron Throne.

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Politics

Tuesday, June 24, 2014

Secession in Iraq, Sunniland, Shialand and Kurdistan / Politics / Iraq War

By: Jack_D_Douglas

Jack D. Douglas writes: ISIS is getting most of the Sunni tribes and areas North and East of Baghdad to join them in a new nation-state. The Sunni are doing so, partly because ISIS is a powerful guerrilla army, but also because they want to be free from Shia Baghdad, just as the Kurds are north of them in Kurdestan creating their own independent nation-state.

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Politics

Tuesday, June 24, 2014

Why the U.S. Fed Is Nothing to Celebrate / Politics / US Federal Reserve Bank

By: MISES

Ben Wiegold writes: The Federal Reserve System turned 100 years old last December and Fed supporters have been celebrating ever since. In recent months, the Dallas Fed opened an historical exhibit, the Kansas City Fed released a documentary, and the New York Fed even started a Facebook page, all to commemorate the date.

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Politics

Tuesday, June 24, 2014

Is The FDA Laying The Groundwork For Resecheduling Marijuana? / Politics / US Politics

By: Jeff_Berwick

Like on most things the government sits well on the side of tyranny compared to the general public when it comes to marijuana policy. A record number of Americans believe marijuana should be legal: 

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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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