EDITORIAL Showing 701 - 750 of 1927
Opposing Bad Laws Like ObamaCare is not Un-American
November 19, 2013
Should bad legislation be supported simply because it is the "law of the land"? Larry Summers, Treasury Secretary under Bill Clinton and former economic advisor to Barack Obama, thinks so. In a recent editorial Summers argues that in spite of the false start an ...
Federal Reserve Steals From the Poor and Gives to the Rich
November 18, 2013
Last Thursday the Senate Banking Committee held hearings on Janet Yellen's nomination as Federal Reserve Board Chairman. As expected, Ms. Yellen indicated that she would continue the Fed's "quantitative easing" (QE) policies, despite QE's failure to improve the ...
Bloomberg: So Many Memes, So Little Time
November 16, 2013
Republicans are beginning to mention a gold link for the US dollar once more. This information is presented to us in a recent Bloomberg article entitled, "Republicans Asserting Reliance on Gold as World Loses Faith." This is more of a dominant social theme than ...
What Is The Real Agenda Of The American Police State?
November 15, 2013
In my last column I emphasized that it was important for American citizens to demand to know what the real agendas are behind the wars of choice by the Bush and Obama regimes. These are major, long-term wars each lasting two to three times as long as World War ...
Obamacare and the New Soviet Man
November 14, 2013
Obamacare's failure to enlist young people into its ranks may well result in an American version of the New Soviet Man. That man was the communist ideal of a person who served the state and its leader with selfless devotion. White House advisor Dr. Ezekiel Eman ...
Breaking Through the Cloud Cover
November 14, 2013
I was reading a commentary this morning by a Swiss money manager whose opinion I respect. He commented that there was a widespread perception that something is very wrong, though people can't quite put their finger on what that is. He argues that the problem is ...
New Lenses
November 13, 2013
What's happening with the economy and why? Is there no end to this? What can I do to protect my family and myself, to plan better for the future? Many of us have asked questions to this effect at one point. Running away from the madness of it all is impossible. ...
Liberty and Productivity
November 13, 2013
Statists routinely suggest their distrust of human initiative. This is why they keep advocating government stimuli instead of free markets. In a free market, one which prohibits government intrusions, regulations and regimentation, it is understood that when me ...
Restoring the Ideal of Liberty in America
November 12, 2013
The controversy and scandal over Obamacare in America today is not simply about a website that does not work, or existing private health care insurance policies that are being dropped, or government-approved health insurance policies that cost a lot more becaus ...
Chained CPI Chains Taxpayers
November 11, 2013
One of the least discussed, but potentially most significant, provisions in President Obama's budget is the use of the "chained consumer price index" (chained CPI), to measure the effect of inflation on people's standard of living. Chained CPI is an effort to a ...
Money and Power vs. 'Money Power'
November 09, 2013
Forbes has posted an article, "New York Is The New Power For Silicon Valley Tech IPOs," explaining the Valley is now subservient to New York. But was Silicon Valley ever really in charge? This article will make the point that the balance of power never really s ...
How America Was Lost
November 08, 2013
"No legal issue arises when the United States responds to a challenge to its power, position, and prestige." Dean Acheson, 1962, speaking to the American Society of International Law. Dean Acheson declared 51 years ago that power, position and prestige are the ...
The Industrial Revolution You Haven't Met
November 07, 2013
In textile factories, they were called "scavengers." The typical scavenger was about six years old, and the child's job was to reclaim loose cotton that fell under the machinery. Because the machines kept operating, terrible injuries were commonplace. History p ...
Obama versus Hayek
November 06, 2013
The most prominent of Austrian economists was the late F.A. Hayek. He won the Nobel Prize in economic science – shared it with Gunnar Myrdal whose ideas in the discipline of political economy were nearly the opposite of Hayek's – in 1974. His last book, The ...
Beware the Panhandlers of a New Inflationary Panacea
November 05, 2013
For centuries inflation has been considered a quick fix for economic problems. Create a lot of money, raise prices, and prosperity for all shall be assured in a short amount of time. With the US economy stuck in slow growth and a relatively high rate of unemplo ...
What Was Not Said About Iraq
November 04, 2013
October was Iraq's deadliest month since April, 2008. In those five and a half years, not only has there been no improvement in Iraq's security situation, but things have gotten much worse. More than 1,000 people were killed in Iraq last month, the vast majorit ...
Global Warming: The Wall Street Party Has Begun
November 02, 2013
The party is on. And you read it here first. As we observe this phenomenon, we realize that global warming is going to play a big role in Wall Street's upcoming and ongoing promotion. But let's take it from the top. Several things just happened that confirm a f ...
Is Paul Krugman a Voodoo Economist?
November 01, 2013
Readers ask me if Paul Krugman could be correct that deficits don't matter and that neither does printing endless reams of money with which to purchase the Treasury's debt instruments that finance the deficits. If people at home and abroad who hold dollars and ...
The Great Lie of Modern Unions
October 31, 2013
Few aspects of America's past are as thoroughly misunderstood as the history of the labor movements that thrived in the late 19th and early 20th centuries. The modern union that arose and usurped their place was the antithesis of what it claimed to be. It did n ...
Investment and Prudence
October 30, 2013
To be prudent amounts to making sure that one takes good care of oneself in all important areas of one's life. Health, wealth, family, friendship, understanding, etc. are all in need of good care so that one will achieve and sustain one's development as a human ...
Keynesian Economist Who Wanted to Sidestep the Constitution
October 29, 2013
Nobel prize-winning Keynesian economist Lawrence Klein died on October 20, 2013, at the age of 93. A long-time professor of economics at the University of Pennsylvania, he was awarded the Nobel Prize in 1980 for his development of econometric (or statistical) m ...
A Welcome US/Saudi 'Reset'
October 28, 2013
Last week it was reported that Saudi Arabia decided to make a "major shift" away from its 80 years of close cooperation with the United States. The Saudi leadership is angry that the Obama administration did not attack Syria last month, and that it has not deli ...
Salon: One World After All
October 26, 2013
An article in Salon was recently brought to our attention by Hugo, a feedbacker. It is entitled "Elites' strange plot to take over the world." Thanks, Hugo. Appearing about a month ago, it is basically an admission of the entire globalist enterprise over the pa ...
As Ye Sow, So Shall Ye Reap
October 25, 2013
The year 2014 could be shaping up as the year that the chickens come home to roost. Americans, even well-informed ones, don't know all of the mistakes made by neoconized and corrupted Washington in the past two decades. However, enough is known to see that the ...
Know Your Class Enemy, Know Your Class Ally
October 24, 2013
The much vaunted class conflict between rich and poor is political fraud on stilts. It comes from a bastardization of class analysis that is used to divide people who might otherwise unite and turn against the true threat: the state. In reality, entrepreneurs a ...
Communitarianism and Reproductive Rights
October 23, 2013
One of the major differences between individualists and communitarians is that the latter believe the individual human being belongs to his or her community. Whatever decisions men and women make, it must square with what is best for the community, for the trib ...
Restoring a Spirit of Liberty Will Solve America's Political Problems
October 22, 2013
The news shows and the editorial pages of America's mainstream media have all focused on the claimed extremism of the Tea Party conservatives in bringing about an apparent partial government shutdown and trying to prevent an increase in the national debt limit. ...
Debt Ceiling Deal: DC Wins, Americans Lose
October 21, 2013
Washington, DC, Wall Street and central bankers around the world rejoiced this week as Congress came to an agreement to end the government shutdown and lift the debt ceiling. The latest spending-and-debt deal was negotiated by congressional leaders behind close ...
Restoring Our American Legacy
October 21, 2013
This is the text of Ron Holland's speech about his new book, Restoring Our American Legacy, presented at the first annual High Alert Investment Conference in Cape Breton, Nova Scotia on October 18, 2013. Later in the article we will tell you how to receive a fr ...
The Tea Party's Unspoken Political, Economic and Financial Ramifications
October 19, 2013
Reuters is carrying an editorial today on how the DC "government has failed us – again." Knowing Reuters's record on articles like this, you might wonder why I stopped to read it. It was the title of the article, "The Sanity Caucus," that caught my eye. Surpr ...
Metaethical Foibles at Work
October 17, 2013
There is much speculation about what is going on in the public policy debates that are afoot these days. But no one to my knowledge has noted that a particular philosophical position may be very influential in all the discussion. This is that idea that moral/po ...
Whatever Became of Western Civilization?
October 16, 2013
Not that long ago government and free market proponents were at sword's point, but no more. With little left in the private sector to rip off, the financial gangsters have turned to the public sector and put to work for them the free market economists' advocacy ...
Not Raising the Debt Limit Equals a Balanced Budget
October 15, 2013
The mainstream media and the Washington, D.C.-obsessed news pundits are in hysterics that the United States government is potentially facing default if the Congress does not increase the legal debt limit, so the U.S. Treasury can continue to borrow more and mor ...
New Fed Boss Same as the Old Boss
October 14, 2013
The news that Janet Yellen was nominated to become the next Chairman of the Board of Governors of the Federal Reserve System was greeted with joy by financial markets and the financial press. Wall Street saw Yellen's nomination as a harbinger of continued easy ...
Lesson Learned: The Constrained Conservative Agenda
October 12, 2013
If we examine this week's main events, we observe some powerful dominant social themes in action. Perhaps the biggest continuing news was the US government shutdown. The memes were predictable enough, having to do with the efficacy of government and the necessi ...
What Happens if the Shutdown Causes the Treasury to Run Out of Money
October 12, 2013
In a speech to the Commonwealth Club, San Francisco, November 23, 2010, Peter Dale Scott gave a history of the various directives concerned with government continuity during a state of emergency. He showed that these directives could be used to supersede the Co ...
More Drugs, More Drones, More Credit-Pushing Drivel
October 11, 2013
"Dad, I've got to do something," begins a panicky letter from one of the children. "When I changed my job status, I lost my health insurance. The best policy I can find is $550 a month. What should I do?" "Don't buy the insurance," we suggested. "It's a waste o ...
Misunderstanding Freedom of the Press
October 10, 2013
Katherine Rushton of The Daily Telegraph wrote a column trying to embarrass those in America, like Republican lawmaker Kieran Michael Lalor, who oppose bringing in Al Jazeera television on to the American television news market. Ms. Rushton feels such oppositio ...
An Opening to Iran?
October 07, 2013
Last week, for the first time since the 1979 Iranian revolution, the US president spoke with his Iranian counterpart. Their 15 minute telephone call was reported to open the door to further high-level discussions. This is a very important event. I have been say ...
We're Back!
October 05, 2013
I’m happy to announce the Daily Bell is back online as of today. Starting now, you can visit The Daily Bell every day for groundbreaking news, analysis, editorials and exclusive interviews. We’re not changing anything in terms of our editorial approach, jus ...
The US Government Is Lying About the Shutdown
October 01, 2013
As I write this, it appears that the federal government is about to shut down because the House and Senate cannot agree on whether to add language defunding or delaying Obamacare to the “Continuing Resolution”. Despite all the hand-wringing heard in DC, a s ...
What Wall Street Is Planning, and Why
September 28, 2013
A recent Bloomberg article states, "Americans in Poll Doubt Economy Rebound." I tweeted about this recently, pointing out the article, because it showed the disconnect between the stock market and what is happening "on the ground." Millions of investors miss ou ...
Did Putin Quietly Play the Debt Card Over Syria?
September 27, 2013
While I hate to give such praise to a foreign leader, Putin has undoubtedly run rings around the moribund and bureaucratic incompetence of the Laurel and Hardy-style Obama and Kerry team on Syria. Putin diplomatically has the swiftness and stealth of the South' ...
Internet Sales Tax Could Crush Small Businesses
September 25, 2013
One unique aspect of my homeschool curriculum is that students can start and manage their own online business. Students will be responsible for deciding what products or services to offer, getting the business up and running, and marketing the business’s prod ...
Global Warming: Is It a Morally Acceptable Investment Opportunity?
September 24, 2013
AP writes of moves by the Obama administration "to limit power-plant carbon pollution." This is no doubt a step toward the kind of carbon tax that Australia recently put in place and which the new, conservative Australian government is now attempting to roll ba ...
A Source of the Financial Fiasco
September 22, 2013
There were numerous reasons why the system stumbled so badly but one was clearly identified by The Economist magazine (9/7/75). "And as so often in the history of financial crashes, humble consumers also joined in the collective delusion that lasting prosperity ...
How to Justify a Flailing Fed
September 20, 2013
Warren Buffett has just come out with the statement, about which I tweeted earlier today when I first stumbled on it, that the "Fed Is [the] Greatest Hedge Fund in History." According to Bloomberg, he elaborated with the statement that the Fed's "generating '$8 ...
Who Are the Champions of the Common Man?
September 19, 2013
The media’s caricature of libertarians is a pendulum that swings from one extreme to another. One minute we’re grasping plutocrats, championing the privileged, and the next minute we’re losers living in our parents’ basements. Not long ago, Michael Lind ...
The Taper That Wasn't
September 18, 2013
The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have overestimated the strength of our ...
Get Ready: Something Big is About to Happen in the Financial Markets!
September 18, 2013
This may directly impact how you invest or rebalance your portfolio, view or engage in politics, and how you will attempt to secure your wealth in the future. I believe this will dramatically impact the dollar, gold and bonds. In addition, it may well create th ...
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