EDITORIAL Showing 751 - 800 of 1908
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The $400,000,000 Problem Part II
June 27, 2013
This week's Solari Story from Catherine Austin Fitts is titled "The $400,000,000 Story, Part II." Here's a bit of the transcript: Let me fast forward and continue that story. Several months later – I think it was probably about 9 months later – we ended up ...
Are There Basic Principles?
June 26, 2013
Some of President Obama's recent speeches have raised a vital issue that often lies in the background of particular policy discussions. For example, the president has made it abundantly clear that he is a pragmatist, especially about economic matters. (He does ...
lesson
An Important Lesson from Tony Soprano
June 25, 2013
"All due respect, you got no f----g idea what it's like to be Number One. Every decision you make affects every facet of every other f-----g thing. It's too much to deal with almost." – Tony Soprano Whew! The Fed is number one in central banking. And it's fin ...
What We Have Learned From Afghanistan
June 24, 2013
Last week the Taliban opened an office in Doha, Qatar with the US government's blessing. They raised the Taliban flag at the opening ceremony and referred to Afghanistan as the "Islamic Emirate of Afghanistan" - the name they used when they were in charge befor ...
Stasi in the White House
June 24, 2013
On June 19, 2013, US President Obama, hoping to raise himself above the developing National Security Agency (NSA) spy scandals, sought to associate himself with two iconic speeches made at the Brandenburg Gate in Berlin. Fifty years ago, President John F. Kenne ...
irritated
The Real Reason George F. Will Is Irritated With Obama
June 22, 2013
Big news, from my point of view. Late this week, conservative columnist George F. Will wrote an editorial that compiled a list of what we call dominant social themes, even though he didn't explain them as such. The list was required to buttress accusations he w ...
shrink1
Tapering the Taper Talk
June 22, 2013
As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has been fooled by this move many times in the past and for its efforts it has tackled nothing but air. Yet right on cue, it took the bait once more. Somehow the ...
question11
The $400,000,000 Story, Part I
June 21, 2013
This week's Solari Story from Catherine Austin Fitts is titled "The $400,000,000 Story, Part I." Here's a bit of the transcript: I had just started as Assistant Secretary of Housing and one of my deputies came up to me, grabbed me by the shoulder and he said, " ...
Trying to Silence the Rebels Within
June 19, 2013
Many years back I was a candidate for a Congressional Fellowship that was administered by a group of prominent academic philosophers. I had made it into the final list of three and flew East to be interviewed, which would decide the matter of who gets the posit ...
Washington Is Insane
June 18, 2013
In the 21st century the two hundred year-old propaganda that the American people control their government has been completely shattered. Both the Bush and Obama regimes have made it unmistakenly clear that the American people don't even influence, much less con ...
Obama's Syria Policy Looks a Lot Like Bush's Iraq Policy
June 17, 2013
President Obama announced late last week that the US intelligence community had just determined that the Syrian government had used poison gas on a small scale, killing some 100 people in a civil conflict that has claimed an estimated 100,000 lives. Because of ...
snoop
Should People Fear Private Sector Snooping More than Government's?
June 15, 2013
Over at The Atlantic, Zachary Karabell has discovered a double standard regarding corporate versus private "big data surveillance." We're approaching the issue all wrong, he writes. We should not accept that the issue is American freedom versus potential Big Br ...
galileo
Copernicus, Galileo and Gold – Part II
June 14, 2013
The development of economics and the development of astronomy share interesting parallels. Aristarchus of Samos – the Greek island that produced Pythagoras – was born in 310 B.C. Aristarchus set astronomy on the path that would have led to its correct devel ...
Location-Based Transparency
June 13, 2013
This week's Solari Story from Catherine Austin Fitts is titled "Location-Based Transparency." Here's a bit of the transcript: When I left the Bush Administration I said, "We don't need the government to provide us with annual financial statements. The governmen ...
What the Papers Aren't Reporting About the NSA Scandal
June 13, 2013
Behind every great fortune is a great crime, said French novelist Honoré de Balzac. What crime lies behind Booz Allen Hamilton? Fraud, mostly. More on that in a moment... The Dow fell -116 points yesterday. Gold fell $9 an ounce. Still no clarity in the market ...
What is the Government's Agenda?
June 13, 2013
It has been public information for a decade that the US government secretly, illegally and unconstitutionally spies on its citizens. Congress and the federal courts have done nothing about this extreme violation of the US Constitution and statutory law, and the ...
copernicus
Copernicus, Galileo and Gold
June 12, 2013
We are deceived when we consent to think about the "price of gold." At the very outset of our thoughts regarding gold, we are wrong, just as astronomers prior to Copernicus were wrong in thinking about the solar system as geo-centric, with the Sun, Moon and pla ...
The Rule of Law – In Classical Liberalism and Libertarianism
June 12, 2013
Classical liberals and libertarians, especially those who admire the works of the famous legal theorists and economist F. A. Hayek, are fond of pointing out that a free society requires the rule of law. Others, critical of this political tradition, note, howeve ...
wrong1
Crushing the Middle Class
June 11, 2013
Like a carefully memorized religious incantation, politicians and central bankers continually stress how their stimulus policies are designed to promote the interests and prosperity of the middle class. Cynical observers may note that this brave political stanc ...
spy2
Government Spying: Should We Be Shocked?
June 10, 2013
Last week we saw dramatic new evidence of illegal government surveillance of our telephone calls, and of the National Security Agency's deep penetration into American companies such as Facebook and Microsoft to spy on us. The media seemed shocked. Many of us ar ...
missed
Krugman Misses the Point
June 08, 2013
Paul Krugman recently published a column called "The Unbearable Lightness of Being Right." In it, he once again explains failures of so-called "austerity" and defends his own perspective, which is thoroughly Keynesian. Now, within the context of free-market eco ...
voting
Thinking an Unthinkable: No Voting Right for Those Living at the Taxpayer's Expense
June 07, 2013
One of the most sacred ideas in our democratic era is the belief in the universal and equal right of all citizens to have the voting franchise. Yet some have argued against this "right." But their challenge to an unlimited right to vote has not been based on gr ...
Blocked up With Yucky Stuff
June 07, 2013
Yesterday, Mr. Bernanke's price-fixing scheme ran over a speed bump. The Dow dropped 216 points. Just a jolt, for now. The brick wall is still ahead. But we will try to give the devil his due. First, this from our own right-hand man, Chris Hunter (investment di ...
Federal Financial Ignorance
June 06, 2013
This week's Solari Story from Catherine Austin Fitts is titled "Federal Financial Ignorance." Here's a bit of the transcript: "It was 1989 when I became Assistant Secretary of Housing. I’m a great believer that the first thing you want to understand about an ...
Coming to the End of a Deceptive Lull
June 05, 2013
"Some debts are fun when you're acquiring them, but none are fun when you set about retiring them." ~ Frederic Ogden Nash We may be coming to the end of a phase that was widely perceived as "a return to normalcy." Recovery hopes have been held high, sponsored m ...
A Precis on Humanism
June 05, 2013
In modern times humanism has been associated with Karl Marx and one of his teachers, Ludwig Feuerbach. The latter was an atheist who believed that it wasn't God who created man but the other way around. Since, however, this left no one to command us to do the r ...
America's Greatest Affliction: The Presstitute Media
June 04, 2013
When Gerald Celente branded the American media "presstitutes," he got it right. The US print and TV media (and NPR) whore for Washington and the corporations. Reporting the real news is their last concern. The presstitutes are a Ministry of Propaganda and Cover ...
Iraq Collapse Shows Bankruptcy of Interventionism
June 03, 2013
May was Iraq's deadliest month in nearly five years, with more than 1,000 dead – both civilians and security personnel – in a rash of bombings, shootings and other violence. As we read each day of new horrors in Iraq, it becomes more obvious that the US inv ...
teams
What Side Are You On as the West Declines?
June 01, 2013
AlterNet has posted an article reporting on Census Bureau numbers showing that one out of six Americans lives in poverty. This once again confirms our message here at The Daily Bell since inception, and even before in other forums, that the current central bank ...
The Great Reflation
June 01, 2013
This week economists, investors and politicians were treated to some of the "best" home price data since the frothy days of 2006 when home loans were given out like cotton candy and condo flipping was a national pastime. The Case-Shiller 20 City Composite Home ...
Can Central Banks Really Keep Interest Rates Down?
June 01, 2013
"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." ~ Henry Ford Ben Bernanke, Mario Draghi and Shinzo Abe are the modern-day heroes. They ...
The Smoke of ZIRP and the Mirrors of QE…
May 31, 2013
The front pages of yesterday's newspapers were full of good news. A strong rebound in real estate prices, they said, meant a full recovery was in the bag. From Reuters: Home prices accelerated by the most in nearly seven years in March as the spring buying seas ...
Why Disinformation Works
May 31, 2013
Have you ever wondered how the government's misinformation gains traction? What I have noticed is that whenever a stunning episode occurs, such as 9/11 or the Boston Marathon bombing, most everyone whether on the right or left goes along with the government's e ...
gold3
Understanding Gold Market Dynamics
May 30, 2013
To an extent that reveals a thorough misunderstanding of the market forces, the financial media has failed to consider the different motivations and beliefs that drive the different types of investors who are active in the gold market. By treating the gold mark ...
The Red Button
May 30, 2013
This week's Solari Story from Catherine Austin Fitts is titled "The Red Button." Here's a bit of the transcript: "The moral of the story is: Never have an epiphany in the middle of a speech. "I had been asked by a friend to speak to a group called Spiritual Fro ...
manuscript
The Case for Freedom and Free Markets in the Writings of Ludwig von Mises, F.A. Hayek and Ayn Rand
May 29, 2013
Three names are widely associated with the cause of human freedom and economic liberty in the 20th century: Friedrich A. Hayek, Ludwig von Mises and Ayn Rand. Indeed, it can be argued that Hayek's The Road to Serfdom (1944) and The Constitution of Liberty (1960 ...
My 'I Told You So' World
May 29, 2013
All of us who have long concluded that big government - which is to say, government with wide, nearly unlimited scope of power over the population it is supposed to serve - is a menace, no better than a gang of embezzlers and extortionists, can shout out "I tol ...
'Common Core' Nationalizes and Dumbs Down Public School Curriculum
May 27, 2013
In addition to shredding civil liberties, launching a utopian global war for democracy, and going on a spending spree that would make LBJ blush, the so-called "conservative" Bush administration dramatically increased federal control over education via the "No C ...
giveup
Internet Forces Global Warming into Retreat?
May 25, 2013
Principia-Scientific.org is a site aimed at restoring legitimate scientific principles to the world. On its front page you'll find exposes of the "fossil fuel" fraud (we've written a lot about that) and, of course, global warming, among other rebuttals of "domi ...
The Biggest Loser Wins
May 24, 2013
While the world's economies jockey one another for the lead in the currency devaluation derby, it's worth considering the value of the prize they are seeking. They believe a weak currency opens the door to trade dominance, by allowing manufacturers to undercut ...
Moral Bias at The New York Times
May 22, 2013
The headline said it all: "Confusion and Staff Troubles Rife at I.R.S. Office in Ohio." No mention of mendacity, of evil, of meanness, of vice. Nada. For liberals, their own pals are never morally amiss. They may make mistakes, be confused and have troubles. Bu ...
Make Way for the Killers & the Great Tax Haven Roundup
May 21, 2013
There are no scandals in Washington. There is simply a turnover. We are preparing for an escalation of the global financial war. The old team are simply being told to step aside. Make way for the killers. When G-7 concluded their emergency meeting in London las ...
Washington Signals Dollar Deep Concerns
May 21, 2013
Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve's policy of Quantitative Easing (QE). Quantitative Easing is the term given to the Fede ...
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The IRS's Job Is to Violate Our Liberties
May 20, 2013
"What do you expect when you target the President?" This is what an Internal Revenue Service (IRS) agent allegedly said to the head of a conservative organization that was being audited after calling for the impeachment of then-President Clinton. Recent revelat ...
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The IRS Scandal and 'Moving Toward the Fuhrer'
May 20, 2013
Listening to the White House on the Benghazi attack, the IRS scandal on targeting conservative groups and the Justice Department's snooping into AP reporters' emails, we can reasonably ask of another President of the United States: What did he not know, and whe ...
blame
Scandal: And They Shall Eat Their Own …
May 18, 2013
And I will cause them to eat the flesh of their sons and the flesh of their daughters, and they shall eat every one the flesh of his friend in the siege and straitness ... – King James Bible (Cambridge Ed.) Commentator Peggy Noonan has written a Wall Street J ...
What TARP Boss Neil Barofsky Told Me Yesterday Should Shock You
May 17, 2013
The financial news is getting boring. The Dow goes only one way – up. But gold fell below $1,400 per ounce yesterday. Rather than trying to figure it out, yesterday evening we drove down to Zombietown. A friend in Washington had promised to introduce us to Ne ...
Gangster State America
May 17, 2013
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver. My explanation that the sudden appearance of an unprecedented 400 ton short sale of g ...
Moving the Money
May 16, 2013
This week's Solari Story from Catherine Austin Fitts is titled "Moving the Money." Here's a bit of the transcript: "During the '90s I had an investment bank in Washington, Hamilton Securities, and we were developing software tools and financial vehicles that wo ...
Back to Basics, Please
May 15, 2013
In today's climate of political theatrics it isn't very easy to figure out where right stands versus wrong. As Ron Paul points out at The Daily Bell, the Benghazi fiasco pretty much amounts to an illustration of the folly of the American government's unending i ...
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