Gold Rallies as America’s Debt Crisis Reaches Standstill

July 18th, 2011 • No Comments

With gold at a record $1602 an ounce, there is little doubt that the world has lost faith in the global economy. The United States has still not reached a deal to raise its debt ceiling, which may lead to a default on loan payments come August 2nd. The crisis stems from the fact that the United States is one of the few countries that has a statutory limit on its national debt. This creates periods of uncertainty where it is not known if the government will be able to meet its financial obligations. Continue reading ‘Gold Rallies as America’s Debt Crisis Reaches Standstill.’

Neo-Conservatism

June 27th, 2011 • No Comments

Neo-conservatism is a buzz word that gets thrown around at parties to make people feel like they know what they are talking about. Many of these people have a faint inkling of what neo-conservatism really is, but when pressed for a definition cannot come up with one. Here is a little bit about the history of the neoconservative movement and what it really means. Continue reading ‘Neo-Conservatism.’

The Welfare State

June 22nd, 2011 • 2 Comments

People in developed countries take for granted today the government-backed security net that exists. This is a relatively new phenomenon in history, and yet it seems like the cycle of its popularity is already coming to an end. Here we will outline the rise of the welfare state as well as the three models that exist today of welfare states, the criticisms from various sources of the models and the potential future of popularity of the welfare state as a concept. Continue reading ‘The Welfare State.’

A Review of the American Election Process

June 19th, 2011 • No Comments

Sometimes it can seem that the road to being elected President of the United States is confusing and convoluted. This is a step by step guide to the various stages involved in the presidential election, which occur over almost two years.

The whole process begins with Political Action Committees, or PACs, which are organizations which accept or expend more than $1,000 to influence an election. Potential candidates can use PACs for exploration of their chances of winning and to expose themselves to many people. Some candidates skip this process and declare their candidacy right away, usually for either the Republican or Democratic parties. There are other parties as well, such as the Green, Libertarian, Reform, and Natural Law parties. These candidates are not declaring for the presidential race, but rather for the nomination from their respective party to run for the final election. Continue reading ‘A Review of the American Election Process.’