News & Analysis
Big New Book Treads Old Economic Memes
Dambisa Moyo (left): without change US will almost certainly become a socialist nation ... Dambisa Moyo is that rare type of person – an economist who makes waves. Her first book, Dead Aid, angered many in the charity sector by arguing that foreign aid has harmed Africa and should be phased out. Her second, which is published in London on Thursday, accuses America and other Western powers of squandering their world economic dominance through a sustained catalogue of fundamentally flawed policies. How the West Was Lost: Fifty Years of Economic Folly – And the Stark Choices Ahead goes so far as to predict that the US will be a "bona fide socialist welfare state" by the latter part of this century. "Indeed, if nothing else changes it from its current path," writes Moyo, "it is almost certain that America will move from a fully-fledged capitalist society of entrepreneurs to a socialist nation in just a few decades. – UK Telegraph
Dominant Social Theme: The West faces great challenges and must change its ways.
Free-Market Analysis: Dambisa Moyo's first book, Dead Aid, was certainly impressive. Moyo, a woman of color with a distinguished background, was not afraid to explain how Western aid was hurting impoverished countries. The accusations carried weight, and many have been eagerly awaiting her next book, How the West Was Lost. The Telegraph's review, excerpted above, is an advance one. But it does provide clues as to what Moyo has produced as a follow up.
Moyo's new book seems less groundbreaking than her first. According to the Telegraph, she blames governments for the West's plight; but in the 21st century, we would argue that there is a need to go beyond formulas that blame elected officials for the world's woes. The issue in our view is the Anglo-American power elite that stands behind the West's governments and has pushed for programs that on our humble estimation weaken the West in order to make global governance more likely.
Moyo obviously has a different interpretation; and certainly she certainly has the credentials to support whatever argument she wishes to make. According to the Telegraph, she achieved a chemistry degree and MBA at Washington DC's American University, a doctorate in economics from Oxford and a masters from Harvard before working as a consultant at the World Bank and then for nearly a decade at Goldman. Since the publication of her first book, Moya has been literally besieged with honors. Here's some more on her background from Wikipedia:
• In May 2009, TIME Magazine named Moyo as one of the world's 100 most influential people.
• In September 2009 Moyo was featured in Oprah Winfrey's power list of 20 remarkable visionaries.
• In 2010, Dambisa Moyo was a participant at the Bilderberg Conference.
• In 2009, she was honoured by the World Economic Forum as one of its Young Global Leaders.
• She also serves on the board of Barclays Bank, SABMiller and Lundin Petroleum.
• She has done numerous speaking engagements at organizations including: OECD, World Bank, IMF, Council on Foreign Relations, American Enterprise Institute and the 2009 Munk Debates as well as most of the G7 countries. In 2009 she spoke at the TEDx conference at the EU Parliament.
• She is a regular contributor to financial journals such as The Economist and Financial Times and has appeared as a guest on networks such as CNN, CNBC, BBC and Fox Business.
Moyo obviously moves in elite circles. Yet her first book in a sense attacked those same interests. She questioned the efficacy of pouring trillions in aid through corrupt governments and claimed it worsened the plight of citizens in those countries. In part, it resembled "Confessions of Hit Man" – which accused the IMF of working for corporate interests. These multinationals swoop down once a country is indebted and purchase various public utilities at pennies on the dollar. The World Bank puts nations in hoc – so goes the cynical view – and the IMF extracts these nations, but at a price. As we have pointed out before, it is a kind of tag team – and it is a purposeful one.
The fix the West is in today is also purposeful, in our view. Yet this time Moyo makes a case that is sympathetic to government; Western bureaucracies have arrived at their current pass with the best of intentions. "Policies that Western populations have rallied around as great ideas turning out to produce detrimental results," the Telegraph informs us. "Western governments have implemented laudable notions like the idea that everyone should have a roof over their head, receive access to food and be supported in old age. These have led to unfortunate outcomes in terms of capital, labour and productivity, the key ingredients for economic growth." Meanwhile, Moyo apparently argues that a technocratic approach to government – along with an emphasis on "austerity" – is the solution:
"We all know what the problems are," she says. "Which is why I actually think the [British] coalition Government is brilliant because so far they have been able to implement some of the hardest choices of the austerity measures in an environment where it's much less politicised than if it was just a left-wing or right-wing government in power. You kind of need to strip out the politics." It also may require a change of mindset, with Moyo arguing that governments need people who are absolutely focused on long-term structural issues such as education, deficit management, energy, food commodities, longer-term productivity and infrastructure. "The problems have been highlighted but where's the plan for those issues? There isn't one."
We have heard this before. (In fact we have written about these solutions as emergent, elite, dominant social themes.) Moyo's emphasis on China as the West's great competitor and the idea that various factions in Western governments need to be pragmatic rather than adversarial – these are some of the emergent promotions of the elite in our view.
Her positive view of the UK's current coalition government, with its combination of liberal and conservative leadership, is one that echoes New York Mayor Michael Bloomberg – one of the world's richest men – who has also made clear his preference for coalition governments. Bloomberg believes that people ought to have the opportunity to vote for the "best person" – the one who is best able to fix the problems that government is capable of solving. This accepts as a given that government is the repository of solutions and that those who work in government ought to concentrate on solving problems that need to be fixed. There is no awareness that government might be the CAUSE of the problem(s).
Having not read Moyo's book (only descriptions of it) we cannot be sure of the details. But so far as we can tell, Moyo's analysis is much like any other quasi-libertarian analysis delivered over the past half-century or so. The accusations are consistently the same and have to do with misguided policies rather than purposeful ones. Solutions inevitably feature government as well; just better government; more enlightened government; technocratic government that works on behalf of the "people" to solve problems that need resolution.
Here at the Bell, we have a much darker view of what has gone wrong in the past 50 years. We believe that the Anglo-American powers-that-be may have driven the West to ruin in order to create one-world government. We believe the current chaos in the West is no accident and that government solutions only reinforce the mercantilist strategies of an elite that anticipates an ever-more centralized, global bureaucracy.
In Moyo's book we see the emergence and repetition of certain themes of the elite: Government as technocracy; China as adversary; "austerity" as a solution to what ails the West. While these ideas are perfectly supportable, we tend to believe they miss the mark in an increasingly polarized modern age. We would argue that because of the Greater Recession and an alternative economic and sociopolitical narrative available on the Internet (see other article this issue), arguments such as the ones that Moyo is advancing are going to have more difficulty finding unabashed acceptance, especially within the context of an increasingly alienated intelligentsia.
Conclusion: The narrative that Moyo is offering sounds fairly mundane – in light of the West's current upheaval – as do her solutions. There is another narrative that we believe the elite is creating – one that features the implacable corruption of the nation-states and the curative transparency that only a truly visionary world-government can provide. We have tended to believe that Julian Assange might be a figurehead for this sort of paradigm; and we note, too, that he has just received a book contract.
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Posted by Puzzled on 01/12/11 09:09 AM
These books may be great reading and impart some good will.
But my Question is:
Why Should common people suffer austerity for the bad judgment and PURE greed of elected officials?????
2. Why can we not, as a Nation, rid our societies of these Greedy People(Power Elite), why can we not boycott their business' and put them out of business????
Does anyone have any suggestions????
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Posted by Kenn on 01/12/11 07:18 AM
Alex Jones, Icke et all are playing the opposition for the fiat dollar they claim to be against. Sort of like a paid detective. They could care less about God or Country. Once you are aware of this it's much easier to sort through the information they release. Some is really good while some is ... well ... out there! but much fun either way!!!
A free thinker has to be able to determine the truth from BOTH sides as relying on either one will lead you down the path of thorns and tripwires.
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Posted by AmanfromMars on 01/12/11 02:56 AM
Daily Bell and DBRinging Fellows and Followers, Good Morning,
For a glimpse of the future's driver and its drivers, steer your browser so that you can read the words and ideas on a sage page, here ..... Click to view link ...... for is not that which you read there, that which is, and has been steadily unfolding around you and causing the establishment such concern, both down on the ground and in cyberspace?
And if that is what you can read about what is going on, just imagine what else is going on in the background and undergrounds, in virtual and invisible and intangible, although still practically real support of the initiative and its movements and troupes, and which will invariably be outed and presented as needs must and feeds dictate and require.
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Posted by Don The RkyMtn Gnome on 01/12/11 01:52 AM
@ Www . onebornfree . blogspot . com
I think you mean, REUTERS said "Will Jared Loughner discredit the gold standard?"
Click to view link
My post addresses the inception of yet another meme. I'm personally allergic to mass media.
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Posted by Bobby on 01/12/11 12:48 AM
A good reading for this new economic age would be Thoreau's "Economy". From another time yes, of course! But under scrutiny its principles are timeless. The greatest wealth is life more abundantly. Its no disgrace to be able to look into the future and see humanity living harmoniusly with the enviornment and with each other as well
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Posted by Al Kyder on 01/11/11 09:23 PM
@ DB.
Q; And why wait for the New York Times or the leftist Guardian to "vet" them? That would no doubt help organizations cover these leaks, including us.
A; This is part of the strategy. To force this stuff upon the mainstream media. So that people like Alex Jones et al, dont have first crack of the whip.
.............................
Q; Our response: Al Kyder! This is an inaccurate observation! ............Etc etc.
A; I admit this is a grey area. We both must be carful not to be sucked into making such absolute statements.
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Q;You think the populations in Ireland, Spain, Portugal, Greece, Italy, Britain or even Germany are "proud" of their current governments –
A; Current being the operative word here with the exception of Greece and Italy. The Greeks have always hated their Government. And, with the current situation, the opportunity exists to introduce some of these countries to free market principals. This window of opportunity may not last long DB. If the Monetarist camp does not take advantage of the situation, then they are more likely to turn hard left. Attacking those Governments in the same way as you are critical of the US administration will not further your agenda with these people, most of whom see their current situation as coming from Wall Street Banksta's. They are angry with their elected representatives for failing to protect them from the predatory Banksta's and with themselves for being so greedy and stupid.
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Q; America functions as the "muscle" for the Anglosphere headquartered in London's "City." This is a Bell article worth writing ... We would like to see more though ...
A; I fully agree with this. and will add it is rare to find people who understand this relationship properly. Kudos to D' Belle I am impressed.
This is a Bell article worth writing. I await it with baited breath :)
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As for points 7 and 8. Thank you for clearing that one up. I had some minor doubts before about the Belle's position.
I think we need to look at the cables more closely, The problem is that the Main Stream media is not analysing these with the care that they should. These cables are written to impress people, such as Hilary Rodent Clinton. I feel that there may be a lot of important information buried in these cables "between the lines" and, so we need to read them from a fresh perspective. As for things like the 9/11 pager transcriptions, they can be taken at more face value, and all those pager messages are very interesting too.
I look forward to more of these exchanges in the future. and I hope other will join in.
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Posted by Www.onebornfree.blogspot.com on 01/11/11 06:54 PM
Don The RkyMtn Gnome said: "Will Jared Loughner discredit the gold standard?"
In my opinion, it is a serious mistake for the thinking individual to believe _any_ part of the AZ shooting story at this time,no matter how small and seemingly insignificant, or believable.
That is: I say disbelieve all press accounts and films/photos automatically,on principle- question that the attack ever really even happened, question the identities of the alleged victims, the identity of the perp, what the perp is supposed to stand for or to have said etc.etc. etc.
The press lies everyday, as do politicians, as do the cops " I say its better for the individual to simply believe _none_ of it, at this time.
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Posted by Acudoc on 01/11/11 06:27 PM
(I have not read Ms. Moyo's book, so the following observation may not be accurate. I suspect it is, however, given her connections to the financial elites.I do agree with her assessment regarding the failure of charity to help Africa in the longterm.)
If there is no emphasis on, or understanding of, the corrosive effects of debt-based fiat money and only an emphasis on promulgating more enlightened government policies, then she has missed the whole dang point, IMO.
With an honest money there will be honest trade, business will be conducted honestly, and nations will be at peace. There will not be equality or perfection, but there will be not be engineered inequality, nor engineered violence. There would be no need for a government trade policy, no need for government intervention in so many areas, except to prosecute fraud and theft and unprovoked aggression.
The Tao Te Ching: When nothing is done, nothing is left undone. The world is ruled by letting things take their course. It is not ruled by interference.
Honest money helps bring about such a world, as it truly arose spontaneously as the Austrians have described. All the experts and pundits and erudite professors can deliver thousands upon thousands of words to tweak the present dilemmas in hopes of a solution but to really go to the root requires honest money and a repudiation of the money created by the so-called "experts".
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Posted by Sovereignjim on 01/11/11 05:30 PM
Western governments are controlled by the PE. Thus saying that the government is at fault is simply saying that the PE is at fault.
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Posted by Mark Humphrey on 01/11/11 05:21 PM
Here is a quote from DB:
"We believe that the Anglo-American powers-that-be may have driven the West to ruin in order to create one-world government. We believe the current chaos in the West is no accident..."
This view is based on the idea that people who comprise the "Anglo-American power elite" are Super Humans, made so beyond their coercive powers by prescient foresight, lockstep purpose, and unwavering devotion to "one-world government". I can hardly conceive of a view of human beings so at odds with reality.
In fact, people are more complex than DB appreciates. If many in the political class today favor vague notions of "one-worldism", similar to the ecstatic enthusiasm of bureaucrats and politicians for the United Nations during the Sixties, the reason is not difficult to understand.
Political courtiers share a common philosophical outlook that upholds coercive state activity as necessary to the betterment of mankind. However, as von Mises explained, interventionist policies invariably create "unanticipated" problems that require either A) The abandonment of the program, or B) The extension of state power to "fix" the problem. When the problems crop up, naturally the political class favors B, including the extension of tax and regulatory policies across national borders.
This is a clear and simple explanation for today's infatuation with "one-world government""a politicians' fantasy that I am sure will never be realized.
There is no good reason to posit power-families dedicated to a Single Central Purpose, or to imagine that familial members lack free will and individual preferences as concerns upholding the Single Central Purpose. In particular, there is no good reason to fantasize that members of the "power-elite" are men and women 10 feet tall, with breath-taking ability to foresee and manage and plot.
If you doubt this, try herding cats or pigs sometime.
Reply from The Daily Bell
Hm-mm. ONE MAN, it seems, basically developed and funded the entire post-war economic system. Do we believe these systems are stable? No, they are breaking down now. But to deny that single individuals and small groups of powerful and wealthy individuals can have an inordinate effect on their societies flies in the face of what history tells us. Rothbard held some fairy strong conspiratorial views by the way.
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Posted by William Bowman on 01/11/11 04:42 PM
Dear Editor:
Your analysis of this book, and it's author, are similar to mine and I enjoyed what you wrote. It is hard to believe that she would be a successful author and lecturer for free enterprise economy when she meets with, and speaks to so many internationalist and left-wing groups. And look at the universities that have influenced her for many years.
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Posted by Dietrick Luther on 01/11/11 04:37 PM
I make every effort I can to hold world events and ideas up to the light shown in the Word of God. I like the theme and character of theDB and many of the people who comment.
I'm very grateful to Lew Rockwell for pointing me to DB. This is the most cogent and poignant information on current events in our Internet-Reformation Age.
Western legal jurisprudence has regressed to become pagan legal positivism. My forefathers of Germanic heritage did well to defeat this several centuries ago.
Today, our courts are factories of injustice, which always leads to a very disgruntled and angry populace. The fuel for these factories is societal immorality and corruption.
When "good men" stand up and correct this, I might hold out hope for reversing our course. I don't see evidences of this. The history of societal advances and decline is irrefutable and articulated quite well in God's Word, for those who chose to study it.
Thanks DB... from the heartland.
Reply from The Daily Bell
Eloquent post. Thanks.
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Posted by JM on 01/11/11 03:16 PM
@DB
Re: "...that there is a need to go beyond formulas that blame elected officials for the world's woes."
You might find this lady's story of interest.
Catharine Austin Fitts " The Looting of America
Click to view link
Reply from The Daily Bell
We know her well. She picks up Daily Bell stories from time to time on her website.
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Posted by Graysailor on 01/11/11 02:44 PM
I am reading Meltdown by Thomas Woods, Jr now. A refreshing look at how government can screw up anything " even a good thing. I agree with your analysis above " government isn't the answer to most issues " it should be the last resort.
Let the private sector find value in fixing most issues, and they will. I had been in mortgage banking for 20 years, and got out in 2006 " knowing the issues that Fannie, Freddie and the government had created " but I did not realize the root cause " the Fed's actions " until recently. Socialist by the end of the century? How about before the end of the decade at this rate?
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Posted by HappyCamper on 01/11/11 12:32 PM
@ Don The RkyMtn Gnome
Your Link "Will Jared Loughner discredit the gold standard?" is mind-boggling. Also, minutes before I read your comment and the link I stumbled across a swiss version of the meme:
"Loughners wirre Theorien ber Notenbanken"
Click to view link
Translation for the headline: "Loughners confused theories about central banks"
Mind-boggling again. Reminds me of a story, I do not remember it exactly, about one man who recently shot or hurt people at a jewish center in the usa and was, according to the mainstream"media" a "9/11-Truther".
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Posted by George Sign on 01/11/11 12:30 PM
Daily Bell:-Now why do you believe that Alex Jones is an agent provocateur? Or Icke?
You jest of course.
Just in case you are serious. Jones is a "deflector". Sounds like he's attacking the establishment but in fact he's spinning popular "conspiracies". He is trying to tell you what you already think but in a way that makes him look as though he is the "discoverer".
Icke makes his targets so unbelievably weird (lizards) that the gullible will think that "everything" bad about a person cannot be true. He makes the "elite" cleaner than white by painting them with an evil tar brush.
Max Keiser professes to be the champion against corrupt Wall Street but at the same time is the flag-bearer against Man-Made-Global-Warming. He really promotes the theme that man is to blame.
Need anymore?
Reply from The Daily Bell
Hm-mm. If Jones is a deflector, he is a damaging one ... But your points are interesting. Thanks for the analysis.
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Posted by Al Kyder on 01/11/11 12:18 PM
@ DB.
Q. Dambisa Moyo first book, Dead Aid, was certainly impressive.
A; From a perspective of a peasant maybe. She fails to understand the very purpose of aid. For the peasant aid is a kind of beneficent charity, like cans of soup and blankets. Nothing could be further from the truth.
Aid is given to build up economies and infrastructure so the nations wealth can be more effectively exploited. It is also a way of dumping useless stuff, and a way for corporations to advertise where they would not normally be allowed too, such as Tobacco companies. Finally the nation succumbs to the Banksta's debt prison where all the people become serfs of the Banksta's
I found her book naive, and biased. It also failed to mention the American protestant churches and their unholy hand in most of these aid operations.
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Q; technocratic approach to government ' along with an emphasis on "austerity" ' is the solution:
A; the "Austerity meme", because imposing austerity must be good for free markets. Hmmm!
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Q; ....on our humble estimation weaken the West in order to make global governance more likely.
A; Scratch west and replace it with America. There is not a lot of opposition to some kind of world governing body from outside the US. Only its form is debated. This is because it is seen as the only way to counter American hegemony and forcing Americans to comply with the rule of law.
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Q; Moyo obviously moves in elite circles. Yet her first book in a sense attacked those same interests. She questioned the efficacy of pouring trillions in aid through corrupt governments and claimed it worsened the plight of citizens in those countries.
A; Because she does not understand the purpose of AID. like most bleeding heart wet liberals. Anyways she probably has stock in some arms manufacturer so does not wish to go into detail about this subject for fear of hurting her investments. Ethics are not her strong point.
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Q; Her positive view of the UK's current coalition government, with its combination of liberal and conservative leadership, is one that echoes New York Mayor Michael Bloomberg ' one of the world's richest men ' who has also made clear his preference for coalition governments. Bloomberg believes that people ought to have the opportunity to vote for the "best person"
A; Such nonsense, Coalitions or what Americans call bi-partisanship is when governments do their most evil things. Just look at history. Bloomberg is an American, He has no idea how a parliamentary system works. Never vote for an individual, always vote for a party. Individuals are weak, parties are beholden to their peers and electorate.
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Q; Moyo's emphasis on China as the West's great competitor .............. ' these are some of the emergent promotions of the elite in our view.
A; Agreed, this statement comes from the PE can of statements.
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Q; There is no awareness that government might be the CAUSE of the problem(s).
A; That is an American perspective. It applies mostly too America. Most western countries are proud of their governments and the achievements of those governments, who represent the best interests of the people of those nations. It is offensive to these people to have their governments lumped in with the American Theocratic cleptocracy
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Q; Solutions inevitably feature government as well; just better government; more enlightened government; technocratic government that works on behalf of the "people" to solve problems that need resolution
A; Thus is because governments like here in asia frequently do provide solutions to free market problems. And so they should, they have the experience, 5000 years of on and off (mostly on) free markets in China means they know better than anyone how the work and dont work, or rather, where free markets break down and where they need assistance. Such as a Ting Hai effect, where the government really cant do much except close down the exchange until people come to their senses. I wont even mention the red bean market.
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Q; in the West is no accident and that government solutions only reinforce the mercantilist strategies
A; Sadly this is true. Fortunately this does not apply to most of asia. This does not apply to America.
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Q: the implacable corruption of the nation-states and the curative transparency that only a truly visionary world-government can provide.
A; Well transparency would be devastating for America. The fact that there is no transparency in American government or Corporations is most troubling. If there was more transparency in the USA, then maybe places like Chicago would not be viewed as some kind of primeval swamp where strange mafia slime moulds crawl from the sewers to engage in all kinds of fraud extortion and theft. As we all know, the only good thing to come out of Chicago is I 94 to Highway 53. Ehh!.
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Q; n-states and the curative transparency that only a truly visionary world-government can provide. We have tended to believe that Julian Assange might be a figurehead for this sort of paradigm ' and we note, too, that he has just received a book contract.
The book contract was take up very reluctantly. We all know this will be his demise. Once his own words are out there, the PE will use these words to crush him et al. I no longer think they will attempt to co-opt him. It will not be necessary.
The reason for the book is money. Assange is broke. This is because the PE that DB accuses him of being a part of, has cut off all access to Visa, Mastercard, American Express, amd Paypal. This really hurts, I can assure you.
However I see DB is in bed with the like of Alex Jones from info wars on this subject. As the rest of the world giggles uncontrollable to ourselves just watching how Americans are treating the only person who is fighting back at the moment and making a difference.
When the Blonde Stanger exits, all America will have left is its opaque quasi freemarkets, based on fraud theft and extortion. No wonder Americans are so scared of transparency, Take away those three things, and all America has left is its military dictatorship. There will be no one left to expose the truth to US citizens, that when Martial Law is imposed, Homeland security ( Reichssicherheitshauptamt) will finally be used fr what it was created for, suppression of the American public.
Anyhow, I see DB has yet to even mention a single cable or that these cables ever exist. So just to keep you informed, did you see the Monsanto cables, and how they are using private security thugs to blackmail the entire French population for rejecting their Fiat seed and DNA currency ? No I guess your only interested in generating fluff for the smear campaign
Reply from The Daily Bell
Interesting analysis of our analysis. Some thoughts occur in no particular order ...
1. We analyze the memes of the elite. We have spent a good deal of time trying to determine whether WikiLeaks was somehow a manipulation of the elite or not. That is our priority - not the actual leaks which are yet sparse and not in many cases overwhelming. (Except for the helicopter video.)
2. As the leaks trickle out we begin to see a pattern. As that meme emerges, we will write about it, for that is the brief of the Bell. We are not a "news" organization. Our elves are involved in pattern analysis, tracking dominant social themes and their successes and failures. That is our sole reason to exist and the reason we have been able to attract a modest (though growing) audience.
3. We have appreciated your insights regarding WikiLeaks but we are still not entirely convinced of what it is. And we do remain skeptical of Assange. The whole thing is distinctly ... weird. But we have also stated that if we come to believe without doubt that WikiLeaks is what it says it is then we will write an article to that effect. We have never said definitively that WikiLeaks is one thing or another - but we have our doubts ...
4. The release of these cables is unfortunately achingly slow, or seems to be. Now Assange has indicated that he is going to speed up the release. If there are no legal issues, he should just release them all, yes? And why wait for the New York Times or the leftist Guardian to "vet" them? That would no doubt help organizations cover these leaks, including us.
5. As regards your analysis, you wrote ... "Most western countries are proud of their governments and the achievements of those governments, who represent the best interests of the people of those nations."
Our response: Al Kyder! This is an inaccurate observation! You think the populations in Ireland, Spain, Portugal, Greece, Italy, Britain or even Germany are "proud" of their current governments - "who represent the best interests of the people in those nations." Last time we looked austerity-protests were spreading across Europe like a flame. And Iceland voters recently chased their legislators out the back door of parliamentary chambers. We disagree entirely with this statement.
6. Regarding your complaint about the Bell's leisurely pace regarding the additional WikiLeaks leaks. We DO think we are starting to discern a pattern in which America - sub rosa - is threatening other nation-states in ways that conform to our hypothesis regarding elite efforts at furthering global governance. In other words, America functions as the "muscle" for the Anglosphere headquartered in London's "City." This is a Bell article worth writing ... We would like to see more though ...
7. We have just written about Manning's unjust imprisonment, so it is not as if we have stopped commenting on the situation entirely. We have in fact written numerous articles on Assange and WikiLeaks - and in the past commented directly on the leaks.
8. Finally, we are not engaged in a smear campaign. If we were intent on smearing Wikileaks or Assange (more than what's already been done by others) we would never have covered the Manning case or called on Wired to release the rest of its emails regarding Manning. And we have never attacked Assange over purported rape. The charges seem ridiculous.
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Posted by Don The RkyMtn Gnome on 01/11/11 12:06 PM
Meme alert! As suspected, that previous bit merely acts as the canary in the mineshaft.
Will Jared Loughner discredit the gold standard?
Click to view link, 547 hits and counting.
Click to view link Loughner gold
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Posted by HappyCamper on 01/11/11 12:05 PM
@ Don The RkyMtn Gnome
"The legislators of Georgia, Montana, Missouri, Colorado, Idaho, Indiana, Missouri, Montana, New Hampshire, South Carolina, Utah, and Washington also introduced gold & silver bills"
Probably a good thing. On the other hand, I never really understood why the whole thing is a matter of discussion in the first place. Just kidding. Of course (I think) I know why, but still the US constitution clearly says, "No State shall (...) make any Thing but gold and silver Coin a Tender in Payment of Debts"
@ DB
o.k. I am stupid. But maybe I am not entirely alone with that und maybe you could take this into account and allow feedbackers to post links by just copy and paste them into our humble comments. Thank you.
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Posted by Don The RkyMtn Gnome on 01/11/11 11:56 AM
Allow me to put a finer point on my statement.
Some Brownian minded folk refute such developments with a newly coined false analogy between the Arizona murderer and Misean minded folk.
"How you and the other graduates of the Jared Loughner Institute for Monetary Policy Reform gonna fix that?"
Click to view link
Reply from The Daily Bell
Great, thanks.
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