Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Tuesday, March 19, 2013
Cyprus Record Bank Heist Spells End Game For Your Wealth / Politics / Credit Crisis 2013
The emergency bank holiday in Cyprus has been extended through Tuesday and Wednesday in what as far as the team at Dollar Vigilante has researched, will be the longest emergency bank holiday in Europe or North America since the Second World War.
Marking the first time during the five-year-old global credit crunch, depositors may be forced to pay upfront for their nation's bailout. European finance ministers are reaching into Cypriot savings accounts to backstop a 13 billion euro bailout for Cyprus. The decision was made public early Saturday morning, shortly after which Cyprus banks closed to slow down withdrawals.
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Monday, March 18, 2013
Oz: The Great and Powerful” Perfect Analogy of the Fed / Politics / US Federal Reserve Bank
Mitchell Clark writes: “Oz: The Great and Powerful” is The Walt Disney Company’s (NYSE/DIS) latest flick about a character named Oscar Diggs who is a con artist. He finds himself in the Land of Oz, where he is a magician that’s ethically challenged. It’s quite the analogy to what’s happening today in the U.S. economy.
Monday, March 18, 2013
Cyprus Haircut: Germany's Social Darwinist Economic Miracle / Politics / Eurozone Debt Crisis
ANGELA MERKEL WAS FIRM
The now celebrated "Cyprus haircut" of bank depositors' savings and private wealth, from the account of the smallest "man in the street" to those of the Russian oligarchs who have transformed Cyrus's banking system into a vast money-laundering machine, was described by Germany's Angela Merkel as follows:
Monday, March 18, 2013
Ron Paul - U.S. Congressional Budget Debate Is Just A Sideshow / Politics / US Politics
Federal spending once again dominated the debate in Washington last week, as House Republicans and Senate Democrats began work on their ten-year budget plans. Contrary to claims, neither party's budget reduces spending. While the Republican plan increases spending a little less than the Democrat plan, it would still spend $5 trillion in 2023, an almost two trillion dollar increase over this year's budget.
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Sunday, March 17, 2013
The Cyprus Bailout Deal is Already Under Threat (Of Course) / Politics / Eurozone Debt Crisis
One day after it was agreed on and announced by the Eurogroup and Cyprus president Nicos Anastasiades, the deal that would turn the Eurozone into a Pandora's box like no other EU measure to date has done looks like it may never reach the finish line. The Cypriot parliament, in which freshly elected Anastasiades holds just 20 of 56 seats, has pushed a vote on the deal forward until Monday, a clear sign that the president's political adversaries will not easily be locked into an agreement that is obviously and for good reason hugely unpopular.
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Sunday, March 17, 2013
The Biggest Lie Ever Sold to the American Public / Politics / Inflation
The US has been lying to all of us for decades now.
We’re not talking about some kooky conspiracy theory… we’re talking about INFLATION.
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Sunday, March 17, 2013
America's Criminal War on Iraq 10th Anniversary / Politics / US Politics
Eric Margolis writes: This month marks the 10th anniversary of the Iraq War.
In October, 2002, I wrote a cover-story about Iraq for the first issue of American Conservative magazine, entitled "The March to Folly." My article predicted the impending invasion of Iraq would be a disaster for all concerned.
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Saturday, March 16, 2013
Sequester Holding Americans Hostage / Politics / US Politics
Judges who wish to assure that a jury has no outside influence will sequester them.Legally, a sequestered jury is seized by authority and isolated from all outside influences.
The jurors are escorted into and out of the courtroom. They aren’t allowed to read newspapers, listen to radio news, or watch TV news, ’lest they could be influenced by the media. They are escorted to and from meals, and isolated from other customers. They can’t discuss the case with family or friends. They can’t even go home at the end of the day; they’re housed in hotel rooms.
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Saturday, March 16, 2013
Pope Bashing Media Blitz "Proves All Is Well" / Politics / Religion
EVERY DAY THE DOW HITS RECORD HIGHS
Of course soaring equity indices are nothing to do with the real economy - only the naive would (or could) imagine the opposite. However, one direct spinoff is Pope bashing. The new Pope's primal error was to almost say outright that mass poverty can be linked with the greedy rich and their casino economy. Rapidly, Pope bashing has become "de rigeur" in official government friendly media.
Friday, March 15, 2013
Darwin And The Crisis Of Christianity / Politics / Religion
THE PRIMAL SOUP
In the primal soup of our ex-democracies in meltdown, as we thrill to one petty demagogue after the other, the 'recourse to religion' is surely making a comeback. This will also bring back the 160-year-old crisis of Christian, Juadaic and Islamic doctrine set by the theory of evolution. Darwinist defenders of "large scale abiogenesis-based evolution" present things as follows. Four and a half billion years ago our young planet's naked land masses were almost completely engulfed by shallow primordial seas, their waters formed by inorganic atmospheric and volcanic-tectonic chemical processes. Powerful winds gathered random molecules from the atmosphere and some were deposited in the seas. Tides and currents thrust the molecules together. Then, somewhere in this ancient shallow ocean or at its edges the miracle of life began. The first organized form of primitive life was a tiny protozoan one-celled animal. Billions of protozoa soon populated the ancient seas and were completely self-sufficient in their sea-water world, feeding on bacteria and other organisms, which had also miraculously been formed. Much later on, life in the seas spread to the land and to the air.
Friday, March 15, 2013
The Great Society is Dead / Politics / US Politics
The complicity by both US political parties in a collaborative zeal to gut Social Security, Medicare and Medicaid is now "on the table" for all to view after each group unveiled their budget plans during the week of March 11. As a senior citizen, once an executive making three figures per hour and now living below the poverty line, constricted by multiple sclerosis in a US state run by a Tea Party Express Governor, Mr. "X" says he feels like someone living on death row.
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Thursday, March 14, 2013
Greek's Radical Left: The Dangers of the Disaffected and the Unemployed / Politics / Eurozone Debt Crisis
In last week's Geopolitical Weekly, George Friedman discussed how the global financial crisis has caused a global unemployment crisis and how Europe has become the epicenter of that crisis. He also noted that rampant unemployment will give way to a political crisis as austerity measures galvanize radical political parties opposed to the status quo.
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Thursday, March 14, 2013
Pope Francis And Global Poverty / Politics / Religion
CONSPIRACY THEORISTS SAY
The new Pope wafts in on a magic carpet of Oppression theology, not Liberation theology: Pope Francis will tell the people to accept poverty, distribute poverty, tone it down a little, tuck it under the carpet. Keep the party going - for the rich.
Thursday, March 14, 2013
New Pope, Old Doctrine, Can the God Gene Survive Revelations of the Secret of Life? / Politics / Religion
The Black / White Smoke Monster spoke and the next Pope was anointed as Gods representative on Earth (for Catholics).
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Wednesday, March 13, 2013
Greece Gathering Political and Social Storm Threatens Europe and America / Politics / Global Debt Crisis 2013
The similarities between Greece and pre-WWII Germany are striking.
- Nazi salutes.
- Praise for Adolf Hitler.
- Swastika-like banners.
Wednesday, March 13, 2013
Venezuela: On the Death of Chávez and the Ailing Bolivar / Politics / Fiat Currency
Although Hugo Chávez, the socialist presidente of Venezuela, has finally met his maker, the grim reaper is still lingering in Caracas. As it turns out, Chávez was not the only important Venezuelan whose health began to fail in recent weeks. The country's currency, the Venezuelan bolivar fuerte (VEF) may soon need to be put on life support. Indeed, in the past month the bolivar has lost 21.72 percent of its value against the greenback on the black market (read: free market).
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Wednesday, March 13, 2013
EU Passes Law Forcing Countries to Take Bailout; Spain First Target? / Politics / Eurozone Debt Crisis
Want a bailout? Need a bailout? Actually, it does not matter what your country wants or needs.
By a 526 to 86 vote, the nannycrats in Brussels just passed a regulation that will require a country to accept a bailout if offered.
Wednesday, March 13, 2013
Americans Can't Afford the Future - Unemployment, Taxes and Unfunded Retirement are Squeezing Generation's / Politics / Social Issues
Adam Taggart writes: The American spirit is rooted in the belief of a better tomorrow. Its success has been due to generations of men and women who toiled, through both hardship and boom times, to make that dream a reality.
But at some point over the past several decades, that hope for a better tomorrow became an expectation. Or perhaps a perceived entitlement is more accurate.
It became assumed that the future would be more prosperous than today, irrespective of the actual steps being taken in the here and now.
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Wednesday, March 13, 2013
SMI Labour Benefit's Culture Catastrophe - Come to Britain and We Will Pay Your Mortgage! / Politics / UK Politics
You want a FREE £200k+ House? Then come to Britain, and we will give this and much more, only thing you need to do in return is to vote Labour. Britain continues to suffer the consequences of rampant Labour government bribery of the electorate in terms of expanding the width and breadth of the benefits culture that has resulted in enticing approx 1/5th of those of working age that could work ( 8 million) to instead park themselves onto benefits for life where the name of the game is how to maximise benefit receipts rather than engage in productive activity.
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Tuesday, March 12, 2013
Fed's Bubbles to Slaughter Middle Class / Politics / US Federal Reserve Bank
When central bankers dedicate their existence to re-inflating asset bubbles, it shouldn't at all be a surprise to investors that they eventually achieve success. Ben Bernanke has aggressively attempted to prop up the real estate and equity markets since 2008. His efforts to increase the broader money supply and create inflation have finally supported home prices, sent the Dow Jones Industrial average to a record nominal high and propelled the bond bubble to dizzying heights.
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