EDITORIAL Showing 1551 - 1600 of 1927
Ron Paul Wins the Debate But Will the Federal Reserve Put Him in the White House?
May 07, 2011
The Drudge Report recently announced that according to a CNN Poll, Ron Paul has the best chance to beat Obama of all the potential GOP candidates. The Ron Paul Campaign has certainly been making progress over the past four years but the difference between futur ...
Silver Takes it on the Chin
May 07, 2011
This week saw the type of downside volatility in the precious metals market that will be remembered for years to come. For those of us who have been long gold, and silver in particular, the memories will not be pleasant. While many had been expecting a pullback ...
The Institutional Gold Rush
May 06, 2011
I have worked on Wall Street my entire life, and one thing I've learned is that large institutional investors, like pension funds and endowments, rarely veer from the herd. They manage too much of other people's money to stick their necks out alone - if their i ...
Why Can't I See Bin Laden's Dead Body?
May 06, 2011
I am baffled by this secrecy surrounding Bin Ladens' death. Someone needs to do more explaining than has been done thus far. Why when American taxpayers have funded a massive manhunt and eventual assassination of Osama bin Laden are they forbidden to see Bin La ...
Gaddafi Planned Gold Dinar, Now Under Attack
May 05, 2011
Plans for attacking Muammar Gaddafi apparently go back some 20 years, and even US President Ronald Reagan tried to kill him, deeming him a threat to America power. The latest attacks are in keeping with the larger wave of aggression initiated by the Anglo-Ameri ...
Some Consequences of Mixed Systems
May 05, 2011
China is what political economists call a market socialist country, with political socialism at a virtual dictatorial level (as distinct from, say, democratic socialist and liberal democratic countries) and is thus very precarious when it comes to its political ...
How Global Elites Steal Resources & Technology
May 04, 2011
The banking class – and the corporations that do business with this class – have reconfigured U.S. laws to enable them to facilitate massive mergers and acquisitions over the past several decades. This consolidation took massive financing, so where did the ...
On Constitutional Concerns
May 03, 2011
Last week the media focused on President Obama's basic eligibility to be president while ignoring the unconstitutional manner in which he governs. For example, his recent use of a signing statement to affect a line-item veto on a bill he signed into law as pres ...
Osama bin Laden Is Dead Again?
May 02, 2011
America's number one enemy is dead. "I can report to the American people and to the world that the United States has conducted an operation that killed Osama bin Laden, the leader of al-Qaeda and a terrorist who is responsible for the murder of thousands of inn ...
Does the Internet Have a Dark Side?
April 30, 2011
It is difficult to say with any certainty what knowledge is being disseminated now that will result in tomorrow's destabilization or even how far that destabilization will go. We have argued in the past that such changes do not overthrow the power elite, merely ...
More Foibles of Unlimited Democracy
April 30, 2011
It is certainly no secret that while democracy has certain merits as a method for reaching political decisions, it is liable to be abused without those limits. American democracy was always feared, even by the framers, and unless it is restrained by a good, jus ...
A Most Costly Fallacy!
April 28, 2011
No need to keep readers in suspense - the fallacy is to aim for certainty beyond the shadow of doubt! It is very costly because by holding on to the belief that if one lacks such certainty, it's OK to believe this or that and to do this or that, one is wasting ...
Ayn Rand & Libertarians Grossly Misunderstood
April 27, 2011
In my local paper a letter writer, apparently eager to besmirch Ayn Rand - which many have tried in vain - had this to say: "Rand's libertarianism has an underlying philosophy that says that if you are not particularly smart, ambitious, disciplined or wealthy, ...
Late to The Party … Once Again
April 26, 2011
The only thing more ridiculous than S&P's too little too late semi-downgrade of U.S. sovereign debt was the market's severe reaction to the announcement. Has S really added anything to the debate that wasn't already widely known? In any event, S&P's statement a ...
IMF Austerity Is Headed to America – Watch Out!
April 23, 2011
IMF provisions featuring privatization, tax hikes and public sector "austerity" are designed in my view to provoke the very public anger that Western elites are counting on to fuel a conversation about yet MORE centralization and MORE governmental control – o ...
You Know He's Desperate Now
April 23, 2011
Why are these folks not getting it? I suppose the answer to this is manifold but one source is the late Mancur Olson's theory that not until the bottom falls out will people and their lobbyists and politicians stop engaging in what economists call rent-seeking, ...
Political Pygmies and Mad Hatters
April 20, 2011
The debate in Washington over this year's budget that threatened another (ho hum) government shutdown is a sterling example of how modern day pundits and politicians have shrunk their vision of political affairs down to the momentary, the picayune, the superfic ...
Pitfalls of Shared Responsibility
April 20, 2011
President Barrack Obama asserted in a recent speech dealing with the country's enormous debt that what the country needs is to live by an ancient principle, namely, "the principle of shared responsibility." He invoked this in his defense of his championing of t ...
Budget Cuts Are Meaningless Without Fed Transparency
April 19, 2011
Congress focused on issues surrounding government spending this week as talk of deficits, the national debt, and the debt limit saturated the airwaves. This is a positive development. In years past, there was very little concern over how much was spent here in ...
The EU Crack-Up
April 19, 2011
Political upheaval has hit Finland, and it's merely a foreshadowing of bigger changes ahead. The core issue is whether Finland ought to be paying for bailouts for other EU states. In reaction to establishment support for the bailout, voters ousted the pro-bailo ...
Barack Obama's Internet Kill Switch
April 16, 2011
What are the chances of a US Internet Kill Switch? Could it happen? Is it practical? The Foundation for the Advancement of Free-Market Thinking (FAFMT) and The Daily Bell are pleased to bring you a short video presentation titled, Internet Kill Switch. The vide ...
On Demeaning A Straw Men
April 15, 2011
A. C. Grayling, an normally sensible English academic – just check out his book, Liberty in the Age of Terror (Bloomsbury, 2009) – wrote recently in The New York Review of Books: "Of course, people who hold extreme political positions are not troubled by su ...
Atomization & Commodification in Capitalism
April 14, 2011
That free market capitalism, if it existed, would atomize and commodify people is a charge that's been around quite a while. It pops up for sure whenever someone means to disparage the free market economy. Atomization is the idea that people, like the early con ...
The Nanny State Can't Last
April 12, 2011
Last week, Congress and the administration refused to seriously consider the problem of government spending. Despite the fear-mongering, a government shutdown would not have been as bad as claimed. It is encouraging that some in Washington seem to be insisting ...
Essential Capitalism
April 12, 2011
A while back I got caught up in a fracas about using the term "capitalism" to mean the free market, fully voluntary system of economic relations. It didn't surprise me since I am aware that complicated matters often need to be discussed, well, in complicated w ...
Morality and Freedom Again
April 11, 2011
Quite a few people, among them some who are pretty bright and thoughtful, hold that people have moral responsibilities, that these aren't mere preferences, and that a society that fails to accommodate this is flawed. For some who take morality seriously these r ...
Real Toll of Worldwide Regime Change
April 09, 2011
The unrest sweeping the world seems to be growing, and the Internet provides us with global updates cataloguing this powerful phenomenon. An article in All Africa.com "Uprising, Imperialism and Uncertainty," informs us that in addition to uprisings in Tunisia, ...
The Insidious Effects of Japan's Disaster
April 08, 2011
While the world's attention has been focused on the physical destruction wrought by the Japanese earthquake and tsunami, the desperate attempts to contain the fallout from the shattered Fukushima Daiichi plant, and the daunting problems that Japan faces in rebu ...
Impeach Bernanke! – An open letter to Congressman Ron Paul of Texas
April 07, 2011
Most people believe, and the media confirm them in that belief, that the Fed can legally create dollars 'out of the thin air' in any quantity, and can do with them as it pleases. This may well be the pipe dream of Dr. Bernanke who is quoted as saying that the U ...
Will a Saudi Collapse Translate Into Soaring Gold and a Falling Dollar?
April 06, 2011
In my view, Sheikh Zaki Yamani's oil price prediction would be the least of our American problems resulting from a Saudi government collapse. The most important question facing the United States today is whether the freedom or color revolutions sweeping the Mid ...
Statism Vs. Labor & Persons
April 06, 2011
Under hard line statism, such as centrally planned socialism and absolute monarchy, everyone belongs to society - there are no individuals, no privacy, no private property, etc. Thus, for instance, in Marxism all vital property is collectively owned and adminis ...
The Fed Undermines Foreign Policy
April 05, 2011
Last week I was both surprised and pleased when the Supreme Court upheld lower court decisions requiring the Federal Reserve Bank to comply with requests for information made by Bloomberg under the Freedom of Information Act ("FOIA"). Bloomberg simply wanted to ...
Extortion in the Name of Science
April 05, 2011
While the country is going into more and more debt by the seconds, and while some even in Washington are beginning to be concerned – after all, their share of the loot taken from citizens year round and culminating on April 15th each year could shrink just as ...
Atlas Shrugged Part I, the Movie
April 04, 2011
I saw the movie Atlas Shrugged, Part I (to be released on April 15) and I liked it a lot, just as I did the book when I first read it in 1961 while serving in the US Air Force near Washington, DC. (The maiden ride of the John Galt Line was back then the most ri ...
Cultivating the New World Order
April 02, 2011
The conservative libertarian writer Paul Craig Roberts has posted an article, "The New Colonialism: Washington's Pursuit of World Hegemony" that has received much attention from the alternative-news blogosphere. In this article, I want to comment on the story f ...
Constitutional Problems with the Libyan War
March 29, 2011
Last week the Obama Administration took the United States to war against Libya without bothering to notify Congress, much less obtain a Constitutionally-mandated declaration of war. In the midst of our severe economic downturn, this misadventure has already cos ...
Krugman, Academic Freedom & Phony Whining
March 29, 2011
In his column of March 28, 2011, Paul Krugman whines a good deal about how Republicans in Wisconsin are targeting scholars who may not like their opposition to public service union profligacy. No doubt, in these battles all sides can go overboard but let's just ...
Carbon Exchange Blossoms in Kenya … Say What?
March 26, 2011
We've written a good deal about how elite promotions stumble forward in the era of the Internet, even if they've been discredited. Global warming is surely one of the best examples of this. We've also written about how the powers-that-be may intend for Africa t ...
A Sample of Government-at-Work
March 26, 2011
Where I live there's no mail delivery. All USPS mail has to be picked up at the post office. And at the post office the address is, well, a P.O. Box with its number. If one sends a piece of mail to the house address, the zip code must contain the post office bo ...
The Treasury Auction Shell Game
March 24, 2011
Very few people have either the time or patience to sift through the data released by the Treasury Department in the wake of its bond auctions. But the numbers do provide direct evidence of the country's current financial condition that in many ways mirror a fi ...
The Proper Promotion of Liberty
March 24, 2011
The policy of imposing liberal regimes around the globe has proven to be a disaster and no wonder. It is simply not feasible to coerce people to be free - the idea is an oxymoron. It doesn't follow, however, that countries that are largely committed, even if on ...
Fed and Inflation
March 22, 2011
Last week, the subcommittee which I chair held a hearing on monetary policy and rising prices. Whether we consider food, gasoline, or clothing, the cost of living is increasing significantly. True inflation is defined as an increase in the money supply. All oth ...
Quick Response Puts Yen on the Line
March 22, 2011
One of the immediate financial consequences of the catastrophic Japanese earthquake is that Japan needs to call on its huge cache of foreign exchange reserves to rebuild its shattered infrastructure. To pay for domestic projects, Japan will require yen – not ...
Another Obama War
March 20, 2011
Following the US-lobbied UN authorization of military murder in Libya, the death-dealing regime of Colonel Gaddafi said immediately that it would stop all killing. That put Obama's war on hold, for a little while. The crazy Colonel has learned a thing or two ab ...
Libya, The Good War?
March 19, 2011
In this article, I'll return to the point I made previously, not only in these pages but during one of my interviews with Russia Today on the topic: For one reason or another the Anglo-American elite wants regime change throughout the Middle East, and elsewhere ...
A Crucial Constitutional Fact
March 19, 2011
In my efforts to defend the free society and its basic principles, the idea of natural individual human rights, I run across the objection – advance by both conservatives and "liberals" – that once a constitution has been accepted, it overrides those princi ...
The Anglo-American Gaddafi Deception
March 19, 2011
One has needed a score card to keep up with the twists and turns of the situation in Libya and what will follow over the weekend is still unclear. My point is while we wish the people of Libya and their color revolution victory over crazy Gaddafi, they have lik ...
Self-Debasement is Wrong
March 18, 2011
As a child and teen I had been very seriously abused, especially while in my father's "care". He had in mind to make me into a clone, forced me to do athletics relentlessly and when he detected any resistance on my part, beat me mercilessly. None of this result ...
Monetary Lunatics: Is QE3 Ahead?
March 17, 2011
Austrian School economists have often explained the business cycle using the metaphor of liquor or drugs. The expansion of paper money and credit gives a sense of exuberance, an economic high that leads to excessive risk-taking and ballooning production. But it ...
On Irrevocable Punishments
March 17, 2011
My idea is somewhat unusual in that I do not argue against the death penalty as a cruel and unusual type of punishment, nor do I claim that the death penalty is barbaric or demeans members of societies in which it is practiced. There certainly are people who do ...
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