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Market Oracle FREE Newsletter

Analysis Topic: Politics & Social Trends

The analysis published under this topic are as follows.

Politics

Wednesday, December 08, 2010

Bernanke's 2 Big Lies on 60 Minutes / Politics / Central Banks

By: Michael_Pento

Best Financial Markets Analysis ArticleThis past Sunday on the CBS program "60 Minutes", Americans received a massive dose of mendacity from our Fed Chairman. Mr. Bernanke's shaky delivery, and even shakier logic may cause faith in America's economic leadership to evaporate faster than the value of our dollar. In particular, Bernanke delivered two massive distortions:

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Politics

Wednesday, December 08, 2010

Obama Announces Deal to Extend Tax Cuts for the Rich / Politics / US Politics

By: Barry_Grey

Best Financial Markets Analysis ArticlePresident Obama on Monday announced his support for a two-year extension of Bush-era tax cuts for the rich, capitulating to Republican demands and reversing campaign pledges to end the windfall for families making more than $250,000 a year.

The announcement was made in a brief White House speech, after which Obama took no questions from the press. Extension of the tax cuts for the wealthy, set to expire January 1, has been a central preoccupation of the US corporate-financial elite. For precisely that reason, the cave-in by Obama and the Democratic Party on the issue was virtually assured. The extension will funnel an estimated $70 billion per year into the coffers of the rich.

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Politics

Wednesday, December 08, 2010

Farewell to the E.U. Superstate / Politics / Euro-Zone

By: Mike_Whitney

Best Financial Markets Analysis ArticleWednesday's press conference with ECB President Jean-Claude Trichet turned out to be a real jaw-dropper. While Trichet didn't commit himself to massive bond purchases (Quantitative Easing) as many had hoped, he did impress the gathering with his magical skills. The Financial Times recounts Trichet's what happened like this:

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Politics

Wednesday, December 08, 2010

BernankeLeaks, Fed and Wall Street Banks $12.3 Trillion Biggest Scam in World History / Politics / Credit Crisis Bailouts

By: David_DeGraw

Diamond Rated - Best Financial Markets Analysis ArticleWhat if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it? Does that mean the scam could keep going? That’s what we are about to find out.

I understand the importance of the new WikiLeaks documents. However, we must not let them distract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, it will most likely pale in comparison to what we just found out from the one-time peek we got into the inner-workings of the Federal Reserve. This is the Wall Street equivalent of the Pentagon Papers.

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Politics

Wednesday, December 08, 2010

Americans Say Goodbye to Benefits… Hello to “Interesting” Times / Politics / US Politics

By: Graham_Summers

Best Financial Markets Analysis ArticleDon’t they get it?

It’s truly bizarre to me that the powers that be cannot figure out WHY the average American is growing increasingly disenfranchised with how things are going.

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Politics

Wednesday, December 08, 2010

End Legal Loan Sharking Rally to Protect Poorest Borrowers / Politics / UK Politics

By: Submissions

Stella Creasy, Labour and Co-Operative MP for Walthamstow is to hold a rally in the House of Commons as part of the ongoing End Legal Loan Sharking campaign to end exploitation of the poorest consumers in Britain by payday and doorstep credit agencies. The meeting will take place from 7pm to 9pm in House of Commons Committee Room 5 on Tuesday 7th December 2010. Speakers will include Martin Lewis of MoneySavingExpert.com, Gavin Hayes, General Secretary of Compass, Maurice Glasman of Citizens UK, Justin Tomlinson MP and Stella Creasy MP.

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Politics

Wednesday, December 08, 2010

Bernanke and Republican Lies, Half Truths and 100% Hubris Crucifying the Middle Class / Politics / US Politics

By: Mike_Shedlock

Best Financial Markets Analysis ArticleI am very disheartened but not at all surprised (given that I predicted it), the complete fiscal irresponsibility of the "compromise" tax proposal by president Obama that Democratic sheep will no doubt approve right along with deficit-hawk deficit-hypocrite Republicans.

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Politics

Monday, December 06, 2010

Wikileaks and the Worldwide Information and Propaganda War / Politics / US Politics

By: Andrew_G_Marshall

Best Financial Markets Analysis ArticleThe recent release of the 250,000 Wikileaks documents has provoked unparalleled global interest, both positive, negative, and everywhere in between. One thing that can be said with certainty: Wikileaks is changing things.

There are those who accept what the Wikileaks releases say at face value, largely due to the misrepresentation of the documents by the corporate-controlled news.

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Politics

Monday, December 06, 2010

Fed Report Reveals Great Bank Heist of 2008-2009 / Politics / Credit Crisis Bailouts

By: Barry_Grey

Best Financial Markets Analysis ArticleThe US Federal Reserve Board on Wednesday released documents on emergency measures it took between 2007 and 2010, using taxpayer funds, to bail out major financial firms in the US and around the world. The sums involved are staggering.

Fed bailout loans outstanding reached a high of $3.3 trillion, but the cumulative amount of cash funneled by the US central bank to banks, hedge funds and major industrial corporations reached the tens of trillions of dollars.

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Politics

Monday, December 06, 2010

Julian Assange Wikileaks Marketing Genius / Politics / US Politics

By: Gary_North

To understand what WikiLeaks has done, we must understand economic cause and effect. Let us begin with a comparable market: the market for gambling.

Governments have laws against gambling. Why? The justification is moral principles. This reason is less persuasive, once the government sets up state lotteries and also licenses taxable gambling, such as horse racing. The real reason is the governments want to monopolize the vice. They expect greater tax revenues.

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Politics

Monday, December 06, 2010

The Fourth Turning Crisis Outcomes, Will Presidential Election 2012 Be As Critical As 1860? / Politics / US Politics

By: James_Quinn

Diamond Rated - Best Financial Markets Analysis Article"We are not enemies, but friends. We must not be enemies. Though passion may have strained, it must not break our bonds of affection. The mystic chords of memory will swell when again touched, as surely they will be, by the better angels of our nature."  - Abraham Lincoln

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Politics

Sunday, December 05, 2010

Coalition Government NHS Reforms Disaster, Failure to Get GP Consortia's to Compete for Patients / Politics / NHS

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleThe Coalition Governments NHS reforms to scrap ALL NHS Primary Care Trusts and replaced by competing GP Consortia's to directly manage the £85 billion budget for patient treatment commissioning, looks set to be heading for a complete disaster on the scale of the last Labour governments GP Contracts disaster, as GP Consortia's are being formed across the land on the basis of avoiding competition with one another.

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Politics

Sunday, December 05, 2010

The Plot to Stop Ron Paul by Elitist Banksers and Congressional Leadership / Politics / US Politics

By: DeepCaster_LLC

With Republican control of the House, Ron Paul, as senior member of the House Financial Services subcommittee that oversees monetary policy, is scheduled to become chairman of that subcommittee .

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Politics

Sunday, December 05, 2010

The Gulf of Mexico is Dying, Special Report on the BP Gulf Oil Spill / Politics / Environmental Issues

By: Dr_Tom_Termotto

Diamond Rated - Best Financial Markets Analysis ArticleIt is with deep regret that we publish this report.  We do not take this responsibility lightly, as the consequences of the following observations are of such great import and have such far-reaching ramifications for the entire planet.  Truly, the fate of the oceans of the world hangs in the balance, as does the future of humankind.

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Politics

Saturday, December 04, 2010

Obama, Congress Negotiate Tax Cuts for the Wealthy / Politics / US Politics

By: Global_Research

Best Financial Markets Analysis ArticlePatrick Martin writes: The Obama administration has begun closed-door talks with congressional leaders of both parties on the extension of the Bush tax cuts, amid reports that a deal will likely be based on acceptance of the central Republican demand that tax cuts for the wealthy be continued without any income ceiling, either the $250,000 a year proposed by Obama or the $1 million suggested last month by Senate Democrats.

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Politics

Saturday, December 04, 2010

U.S. Facing Federal Debt Cataclysm, The Establishment Is in Despair / Politics / US Debt

By: Gary_North

Diamond Rated - Best Financial Markets Analysis ArticleAustrian School economists and analysts who have warned that we are facing a Federal debt cataclysm have now received grudging confirmation from a most unlikely source: the Council on Foreign Relations.

The Council on Foreign Relations is the single most influential discussion forum in the United States. Its quarterly journal, Foreign Affairs, is therefore the most influential publication in the country and therefore the world.

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Politics

Saturday, December 04, 2010

Geopolitical Journey Through Poland, A History of Tragedy and Greatness / Politics / Eastern Europe

By: STRATFOR

Diamond Rated - Best Financial Markets Analysis ArticleTo understand Poland, you must understand Frederic Chopin. First listen to his Polonaise and then to his Revolutionary Etude. They are about hope, despair and rage. In the Polonaise, you hear the most extraordinary distillation of a nation’s existence. In the Revolutionary Etude, written in the wake of an uprising in Warsaw in 1830 crushed by Russian troops, there is both rage and resignation. In his private journal, Chopin challenged God for allowing this national catastrophe to happen, damning the Russians and condemning the French for not coming to Warsaw’s aid. Afterward, Chopin never returned to Poland, but Poland never left his mind.

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Politics

Saturday, December 04, 2010

Fed Financial Crisis Rescue or Coup? / Politics / Credit Crisis Bailouts

By: Andy_Sutton

Best Financial Markets Analysis ArticleAs some of the disclosures required by the financial reform bill are made, everyday Americans are starting to figure out what many zealous economy and market watchers have known since 2008: The Fed’s rescue programs weren’t just aimed at domestic banks with Manhattan headquarters. The aid stretched far into the reaches of everyday America, with the recipients of approximately $885 billion in loans still not disclosed.

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Politics

Friday, December 03, 2010

American's Live in Mental Ghettos, People Who Lie to Themselves / Politics / US Politics

By: Joel_S_Hirschhorn

Best Financial Markets Analysis ArticleSo many intelligent Americans believe, say and do stupid things. When a large fraction of the population is like this, a nation rots from the inside and succumbs to external forces.

I have always searched for the simplest yet best ways to explain what I see as a multi-decade decline of every aspect of the United States , especially its political system and government. I keep coming back to the inescapable logic that a large fraction of Americans, regardless of their education, economic status and political alignment, must suffer from delusion. This delusion produces denial about hugely important subjects and issues.

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Politics

Friday, December 03, 2010

Fed Report Reveals Multi-Trillion-Dollar “Shadow Bailout” / Politics / Credit Crisis Bailouts

By: Global_Research

Best Financial Markets Analysis ArticleAndre Damon writes: The US Federal Reserve on Wednesday posted details of its multi-trillion-dollar “shadow bailout” programs, showing that nearly every major US financial institution benefited from billions in unreported government loans.

The data from 21,000 Fed transactions carried out between December 2007 and July 2010 involves eleven special lending facilities set up by the US central bank at the height of the financial crisis to funnel trillions of dollars into large financial companies. The money was lent at close to zero interest with no strings attached. The banks and corporations on the receiving end of the massive bailout were not required to even report what they did with the government cash.

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