Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Saturday, March 16, 2019
UKIP Brexit Facebook Groups Reveling in the New Zealand Terror Attacks Blaming Muslim Victims / Politics / BrExit
It's not just far right Austrailian Senators who are busy blaming the victims of Friday's New Zealand terror attack and then seen punching teens in the face.
Read full article... Read full article...
Saturday, March 16, 2019
Australian Senator Punches Teen in the Face after Blaming New Zealand Victims for Immigrating / Politics / Austrailia
Australian far right Senator Fraser Anning who in comments blamed the victims of the New Zealand massacre for emigrating to the New Zealand, 49 of whom were killed on Friday, in response to a brave teen smashing an egg on his face that resulted in the Senator letting fly with several punches at the teens face.
Read full article... Read full article...
Saturday, March 16, 2019
Islamophobic Hate Preachers Tommy Robinson and Katie Hopkins have Killed UKIP and Brexit / Politics / BrExit
As New Zealand attempts to come to terms with shock Islamophobic terrorist attack that claimed 49 innocent victims, the usual Islamophobic suspects such as Tommy Robinson (fake name) and Katie "final solution" Hopkins have gone silent after a near 3 year campaign espousing far right hatred against Europe's muslim population, who in the UK like media whores have sought to ride on the back of the June 2016 EU referendum result, seeking to capitalise upon Brexit despite likely having very little to do with why most of the 17.4 million voted to LEAVE the European Union.
However, the consequences of their and other popular right extremists is to effectively have Killed UKIP, the party that under Nigel Farage's leadership played a pivotal role in bringing the BrExit outcome about by mobilising 17% of the electorate that helped tip the vote in BrExit's favour.
Read full article... Read full article...
Thursday, March 14, 2019
US Conservatism / Politics / US Politics
Commenting on my own essays has never been my favorite activity, because before you know it you land into Russian doll territory. But a few recent comments from readers have me rethinking that, for once.
Of course I understand that my expressed views over the past two years and change on the era of Donald Trump and his presidency do not please everyone out there, whether they’re long time Automatic Earth readers or new to the site. It’s just that a surprising -to me- number of people let their thoughts and opinions be shaped by media that primarily follow the color of politics and money, not objective facts.
Or perhaps it shouldn‘t be all that surprising, given the amount of attention the mainstream media still manages to gather. Then again, if the MSM would have been right on more issues, there would never have been a place for the Automatic Earth and many other ‘alternative’ media sources. So yeah, I’m a bit of two minds on that.
Read full article... Read full article...
Tuesday, March 12, 2019
Authentic American Populism / Politics / US Politics
In the age of President Trump the public characterization of an American First movement bears the sharpest criticism and condemnation from the Deep State and foreign enemies. Those sincere patriots who retain a valid historic understanding of the post World War II era, recognize that the New World Order was the actual victory of that contrived conflict. With the death of the American Republic, the globalist international community of oligarchs has imposed a planetary enslavement. Part of their goal is to obliterate independent nation states and destroy indigenous cultures. Genuine populism is the foe of this elite demonic crime syndicate, who is promulgating hell on earth.
Read full article... Read full article...
Tuesday, March 12, 2019
Theresa May BrExit Back Stab Deal Counting Down to Resignation, Tory Leadership Election / Politics / BrExit
With much fanfare Britain's subservient Prime Minister Theresa May on Monday rushed to Strasbourg to hold a theatrical press conference with Junker to announce a solution to the Irish Back Stab deal, one that seeks to lock the UK permanently in the European Union via Northern Irelands land border that the EU and Southern Ireland have been using as a means of either seeking to keep the UK permanently locked in the EU or to annex Northern Ireland from the UK by shifting the EU border with the UK into the middle of the Irish sea.
Read full article... Read full article...
Friday, March 08, 2019
The Real New Deal / Politics / Environmental Issues
While we’re on the issue of the Green New Deal, here’s an article by Dr. D. with an intro by Dr. D., one he sent me in the mail that contained the actual article, and that I think shouldn’t go to waste. I hope he agrees.
Waste being the key term here, because he arrives at the same conclusion I’ve often remarked upon: that our societies and economies exist to maximize waste production. Make them more efficient and they collapse.
Ergo: no Green New Deal is any use if you don’t radically change the economic models. Let’s see AOC et al address that, and then we can talk. It’s not as if a shift towards wind and solar will decrease the economic need for waste production (though it may change the waste composition), and thus efficiency is merely a double-edged sword at the very best.
Read full article... Read full article...
Thursday, March 07, 2019
How the New “Green Deal” Has Already Worked / Politics / Environmental Issues
If you have assets, income, or both, then you are responsible for every bad thing that has happened in the U.S. But don’t worry! The Green New Deal, co-sponsored by Rep. Alexandria Ocasio-Cortez and Sen. Ed Markey, will give you a chance to fix it.All you have to do is sign over, well, everything to the central government, which will then use its wisdom to determine how we should live for the foreseeable future so that all outcomes are equalized and no one is left behind.
Good-paying jobs? Check.
Read full article... Read full article...
Tuesday, March 05, 2019
America's 30 Blocks of Holes / Politics / Social Issues
“If you have been voting for politicians who promise to give you goodies at someone else’s expense, then you have no right to complain when they take your money and give it to someone else, including themselves.” ― Thomas Sowell
“The fact that so many successful politicians are such shameless liars is not only a reflection on them, it is also a reflection on us. When the people want the impossible, only liars can satisfy.” ― Thomas Sowell
Read full article... Read full article...
Monday, March 04, 2019
NASDAQ and DOW – Two Spectrum’s of the Stock Market / Politics / Stock Markets 2019
Our researchers believe the NQ and YM chart illustrates a very different dynamic which is currently at play in the US Stock Markets. The NQ, the Technology heavy NASDAQ futures, appears to have stalled near the 75% Fibonacci price retracement level whereas the YM, the Blue Chip heavy DOW futures, has already rallied past this level and is setting up a “double top” formation near 26268. It is our belief that the US Stock Markets are already nearing an intermediate top rotation price area and that traders need to actively protect their long trades/profits right away. We believe a downside price rotation may take place very quickly over the next 5~10+ days and that the markets may rotate downward by a minimum of 4~6% in what we are calling a “momentum rotation setup”.
Read full article... Read full article...
Sunday, March 03, 2019
The Looming UK Brexit Mess / Politics / BrExit
After the misguided referendum three years ago, the Brexit end-game is about to begin. In the UK, it means political division and fiscal erosion. Moreover, global growth prospects will not remain immune to turmoil in the world’s fifth largest economy.
Initially, London’s goal was to wheel and deal the best possible deal with Brussels. That became more difficult after mid-January when the House of Commons rejected PM May’s EU withdrawal agreement. The rejection compounded the odds for a risky and disorderly no-deal Brexit scenario.
The risks for volatility are also fueled by the impending European Parliament election in May 25-26, which is likely to strengthen Euroskeptics, anti-immigration forces, and radical right and left, at the expense of mainstream parties.
Read full article... Read full article...
Friday, March 01, 2019
View From The Brextanic / Politics / BrExit
Longtime Automatic Earth friend Alexander Aston talks about finding himself at Oxford at a point in time when the British themselves appear overcome by a combo of utter confusion and deadly lethargy, and one can only imagine what it must be like for ‘foreigners’ residing in Albion, who face large potential changes to their lives and know there’s not a thing they can do about it, not even vote.
I like the observation that the entire British political system, the place where decisions are made, is the size of a small village. That’s a visual we can all relate to. It’s a physical limit as well as a mental one. I’m all for sovereignty and self-determination, but how’s that going to work if you can’t even see the boundaries of your own territory?
Guys, it’s 4 weeks to D-Day today. How about we call off the landing, get a few pints instead, and talk? First round’s on me.
Read full article... Read full article...
Friday, March 01, 2019
US House of Representatives Hits A New Low / Politics / US Politics
Perhaps against better judgment, I just can’t keep silent about the Michael Cohen’s in da House show performed on February 27. I was watching it and increasingly fearing for the future of America. We had all been able to read his prepared statement before he opened the party with it, and therefore we all knew there was nothing there. So why did this thing take place, and why were all the cameras and reporters there? Do we live in split realities these days?
Both before and after the gruelling -for the viewer- session, words like ‘explosive’ and bombshell’ were all over, so I thought I’d watch, since I might have missed something, but no, there was nothing, there wasn’t even a there there. Apparently, US House members are by now immune to being revealed as nutcases frantically phishing for evidence of accusations they formerly made but could never prove.
Read full article... Read full article...
Thursday, February 28, 2019
The US Constitution Myth / Politics / US Politics
One reason for the failure of the modern conservative and libertarian movements to scale back, in even a miniscule way, the now gargantuan US welfare/warfare state has been the misinterpretation of the US Constitution. Many conservatives have a slavish devotion to the document, placing it on a par with the Ten Commandments and New Testament.
A typical misunderstanding of the Constitution’s history and content appeared in this recent op-ed:
Read full article... Read full article...
Thursday, February 28, 2019
Pakistan India Conflict over Kashmir Risks Nuclear Winter, but Gold Goes Down / Politics / Nuclear Weapons
Many important things happened yesterday. Cohen testified before the Congress, the US-North Korea Summit took place, while tensions between India and Pakistan escalated. Will these developments boost gold?
India and Pakistan Engage in Another Conflict over Kashmir
India and Pakistan are once again squaring off over the disputed region of Kashmir. It began with the suicide attack in Indian-administered Kashmir, which killed more than 40 people. As the Pakistan-based militant group Jaish-e-Mohammed claimed responsibility for the bombing, India retaliated and launched air strikes inside Pakistan, the first aerial attacks across the Line of Control dividing both countries since 1971. The results of these strikes are not confirmed. However, we know that two Indian jets were shot down and Pakistan army captured one pilot.
Read full article... Read full article...
Wednesday, February 27, 2019
The Green New Art of the Deal / Politics / US Politics
There are lots of people talking about how they much disagree with Alexandria Ocasio-Cortez, how silly she is, how dumb and impossible and irresponsible her Green New Deal is, but I think they’re missing a point or two. First of all: what’s the alternative? Who would you trade her for? Hillary? Feinstein? Pelosi? Bernie Sanders? Cory Booker?
Would you rather things stay the same? I can see that from the Hillary Pelosi camp, but not from any other Democrats – nor, obviously, Republicans. Three quarters of America must be dead sick of that cabal, the 50% that are GOP, plus the half of Democrats that would also prefer to vote for someone below 75 years old because 90% are themselves younger than that.
Read full article... Read full article...
Monday, February 25, 2019
Winter Of Our Discontent Meets Fyre Festival / Politics / Social Issues
“When a condition or a problem becomes too great, humans have the protection of not thinking about it. But it goes inward and minces up with a lot of other things already there and what comes out is discontent and uneasiness, guilt and a compulsion to get something–anything–before it is all gone.” ― John Steinbeck, The Winter of Our Discontent
Read full article... Read full article...
Tuesday, February 19, 2019
Here’s Why The Left’s New Economic Policies Are Just Stupid / Politics / Economic Theory
Somewhere in the last 30–40 years, we have become economically illiterate.Elizabeth Warren wants wealth taxes that would impose asset forfeitures of 2–3% on households with more than $50 million in assets.
There are practical and legal problems with their implementation. But she wants to implement them anyway.
Alexandria Ocasio-Cortez wants a 70% income tax rate on incomes over $10 million. This would be the highest income tax rate in the OECD. And yet, it would affect only 16,000 households and only return marginal rates to historical levels, anyway.
Read full article... Read full article...
Sunday, February 17, 2019
Iran's Death Spiral -- 40 Years And Counting / Politics / Iran
Today, Supreme Leader Khamenei and the mullahs celebrated the 40th year of Iran’s Islamic Revolution. With the exception of the Revolutionary Guard and “the beards,” as the hard core have been dubbed, few in Iran have much to celebrate. In the economic sphere alone, Iranians have been in a forty-year death spiral. And, let us not forget the estimated 750,000 Iranians who were slaughtered in the Iran-Iraq War (1980-1988).
Like the slaughter in that bloody war, the Iranian rial has been slaughtered, too. At the time of the Revolution, the rial fetched 70.5 per U.S. dollar. Today, it takes 122,500 rials to get a greenback. Thanks to the Revolution, the value of the rial has been decimated. The recent picture of the rial’s black market (read: free market) plunge is shown in the chart below.
Read full article... Read full article...
Sunday, February 17, 2019
Venezuela's Opposition Is Playing With Fire / Politics / Venezuela
The Maduro government has put Venezuela in Satan’s record books. That hellish distinction is because Venezuela is in the grip of one of the world’s 58 episodes of hyperinflation. Hyperinflation occurs when the monthly inflation rate exceeds 50%/mo. for at least 30 consecutive days. Of the 58 episodes of hyperinflation, Venezuela’s inflation rate is middling: it ranks as the 23rd most severe episode. Today, I measured Venezuela’s annual rate of inflation at 132,743%/yr. (see the chart below). This contrasts sharply with the National Assembly’s lying statistic of 1,698,488%/yr. for December 2018 and the IMF’s absurd forecast of 10,000,000%/yr. for December 2019.
Read full article... Read full article...