Analysis Topic: Politics & Social Trends
The analysis published under this topic are as follows.Sunday, June 13, 2010
Obama Orders Chump Change Federal Government Spending Cuts / Politics / Government Spending
Recently, in an attempt to look strong on spending and budget management, Obama orders cost-cutting, property sales.
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Sunday, June 13, 2010
NY State Shell Game - Municipalities Borrow from Pension Fund to make Required Pension Fund Contributions / Politics / US Debt
When it comes to pension funding schemes, NY governor David Paterson and the NY legislature have taken can-kicking to ever increasing levels of absurdity. Please consider State Plan Makes Fund Both Borrower and Lender.
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Sunday, June 13, 2010
Ultimate Market Regulator Failed / Politics / Market Regulation
Email sent to: Brooksley Born,
I know your fought for the regulation of OTC derivatives: http://www.marketoracle.co.uk/Article14485.html
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Sunday, June 13, 2010
Open Letter to President Obama Re: BP Gulf Oil Spill Solution / Politics / Environmental Issues
Dear President Obama,
We write this letter concerning the worst man-made, and ongoing, environmental catastrophe of the modern era, and perhaps the worst calamity the entire hemisphere has ever seen.
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Saturday, June 12, 2010
One Bank Ruled Them All, Trichet's ECB Powergrab / Politics / Central Banks
On Thursday, European Central Bank head Jean-Claude Trichet announced that he would continue the ECB's low interest rates (1 percent) and easy lending policies for the foreseeable future. Wall Street rallied on the news sending shares skyrocketing 273 points on the day. Trichet also said that he would continue his controversial bond-purchasing program which has drawn fire from wary German leaders who fear the onset of inflation. The bank chief adroitly dodged questions on the program suggesting that he will operate secretively like the Fed, buying up downgraded assets and concealing their original owner. By appointing himself the de facto Fiscal Czar of the European Union, Trichet has stopped the fall of the euro, scattered the short-sellers, and zapped the markets upward. Not bad for a day's work.
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Saturday, June 12, 2010
Abolish Publish Schools, a $600+ Billion Spending Cut / Politics / US Politics
This will not be done. It will not be done because Americans do not really want major spending cuts.
To demonstrate my point, let us consider America's sacred cow, tax-funded education.
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Saturday, June 12, 2010
Seven U.S. State Pension Plans Out of Money by 2020 / Politics / US Debt
In a system, gone completely loony, pension plans in seven state will be busted by 2020 yet the states keep hiring public workers. Please consider Pension Plans Go Broke as Public Payrolls Expand.
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Saturday, June 12, 2010
British Government Defends BP / Politics / Environmental Issues
Judging the British reaction to the Gulf crisis, the Conservatives have now redefined the stakes beyond those of BP market capitalization losses. As one wire-service headline framed it: "Britain sticks up for BP". Comments left at British sites show anti-Americanism new to an otherwise friendly and allied relationship. The British press has whipped America for Obama's clumsiness, bad language, poor diplomatic skills and histrionic threats; while the British nation seems perfectly groomed, if I am to believe the media, to identify themselves with BP, a private corporation.
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Friday, June 11, 2010
How to Cure Western Bankers of Bad Bankster Behavior / Politics / Market Regulation
Martin Hutchinson writes: Masayuki Oku, the new head of the Japan Bankers Association, recently said that Western bankers did not understand self-control the way Asian bankers did, which was a major cause of the 2008 crash and the Great Recession.
I think he has a point.
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Friday, June 11, 2010
China Trade War Threat, Who's Fault is it? / Politics / Global Economy
Congress is one again shaking its currency-manipulation rattle. What's different this time is Geithner appears to be listening.
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Friday, June 11, 2010
In War As In Politics And Finance, The Real Action Is Covert, Hidden From The Public / Politics / Mainstream Media
Defending America covertly has become an ongoing theme for one more TV series. Salute the flag and praise NBC (GE) for its latest effort to persuade the population to accept the kind of secret operations that now drive the war in Afghanistan. Their latest show is called “Covert Affairs” and airs on the patriotically named USA Network.
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Thursday, June 10, 2010
BP Oil Disaster Could Hit Europe Via the Powerful Gulf Stream Current / Politics / Environmental Issues
The Obama Administration and senior BP officials are frantically working not to stop the world’s worst oil disaster, but to hide the true extent of the actual ecological catastrophe. Senior researchers tell us that the BP drilling hit one of the oil migration channels and that the leakage could continue for years unless decisive steps are undertaken, something that seems far from the present strategy.
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Wednesday, June 09, 2010
The Chinese Navy Faces a Critical Watershed as the East Asian Strategic Balance Changes / Politics / China
New strategic brinkmanship by the Democratic People’s Republic of Korea (DPRK); a now-clear determination by the People’s Republic of China (PRC) to “more aggressively assert its territorial claims in regional waters”; the near-collapse of Japanese strategic cohesion during 2010; and the increasing signs of US political caution in North-East Asia, all point to a period of strategic concern for the Republic of China, particularly in its maritime responsibilities.Read full article... Read full article...
Wednesday, June 09, 2010
Why Did The U.S. Refuse International Help on The Gulf Oil Spill? / Politics / Environmental Issues
Despite the vow by President Obama to keep the Gulf oil spill a top priority until the damage is cleaned up, 50 days after the BP rig exploded, a definitive date and meaningful solution is yet to be determined for the worst oil spill in the U.S. history.
So, you would think if someone is willing to handle the clean-up with equipment and technology not available in the U.S., and finishes the job in shorter time than the current estimate, the U.S. should jump on the offer.
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Wednesday, June 09, 2010
Obama Powerless Against BP as Gulf Oil Spill Continues / Politics / Environmental Issues
After BP successfully placed a cap to divert some of the spewing oil into tankers, thousands of gallons continue to flow daily into the gulf. August is slated as the earliest date that any permanent solution may emerge. BP remains totally in charge of potentially the largest environmental disaster in the earth’s recorded history, a fact that proves — in “check mate” fashion — that corporations dominate the inner workings of the U.S. government, a truth previously revealed by the bank bailouts.
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Wednesday, June 09, 2010
The Economic Crisis, Class Struggle Heats Up in Greece / Politics / Global Debt Crisis
Dimitris Fasfalis writes: Workers in Greece today stand in the forefront of the converging European class struggles against big capital's attempt to make working people pay the costs of its crisis.
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Wednesday, June 09, 2010
Wall Street's Advice to Joran van der Sloot / Politics / Market Manipulation
Before we get to your problem areas, we'd like to congratulate you on almost having "the right stuff." You are a manipulator and an unabashed liar. You have no remorse. You are a master at twisting things to suggest your victims had it coming, and you don't think of them as human beings.
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Tuesday, June 08, 2010
Warren Buffett's Hypocritical Defense of Credit Ratings Agencies / Politics / Market Regulation
In his hypocritical defense of the credit ratings agencies, Warren Buffett has kissed his own reputation goodbye.
The bad behavior of the credit ratings agencies was a root cause of the global financial crisis. As TV pundit Charlie Gasparino put it, they have "the most corrupt business model in corporate America."
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Tuesday, June 08, 2010
Why Governments Hate Gold / Politics / Gold and Silver 2010
This past week several emerging and ongoing crises took attention away from the ongoing sovereign debt problems in Greece. The bailouts are merely kicking the can down the road and making things worse for taxpaying citizens, here and abroad. Greece is unfortunately not unique in its irresponsible spending habits. Greek-style debt explosions are quickly spreading to other nations one by one, and yes, the United States is one of the dominoes on down the line.
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Tuesday, June 08, 2010
Gold and The New Great Game / Politics / US Politics
Good morning Americans! It’s Friday! Or ought to be.
Well, what’s happening? Busy lately and can’t find the time to get inside Microsoft Word. Probably put readers to sleep anyway. Ever wonder what brought on the first Great World War? Later to be called World War 1. And what the devil brought on the horrible World War II?
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