A MUST-READ FOR EVERYONE
The Daily Bell is a must-read for anyone who wants to understand the effects of the state on our economic future.
GUTS, OBJECTIVITY, WISDOM
Rarely does a publication have the guts and objectivity to tell it like it is, yet the eloquence and wisdom to listen carefully to the ‘other side.’ This is The Daily Bell accomplishing its daily mission.
PART OF MY DAILY NEWS DIET
I read it every day!
INSIGHT YOU CANNOT IGNORE
The Daily Bell provides unique insights on contemporary political, economic and social problems that can be found in such a concentrated form nowhere else. Whether one agrees or disagrees with it, one cannot afford to ignore it.
ONE OF MY FAVORITE SITES
The Daily Bell is one of five sites that I review every day because I find there a clear, common-sense interpretation of everyday events.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
INFORMATIVE SOURCE OF INFORMATION
The Daily Bell is an informative source of information and commentary from leading figures in the liberty movement. It's a pleasure to be interviewed alongside far more notable individuals.
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
THE DAILY BELL IS A MUST-READ
Because the world is changing so rapidly, it is difficult to keep up, which means The Daily Bell is a must read. I consider the information critically important reading.
There is no other publication in print or on the Internet like The Daily Bell. They have the courage to report the truth and analyze current foreign policy, politics and economic events in the context of a formerly hidden history of financial elites.
SEPARATES WHEAT FROM CHAFF
The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.
The Daily Bell does a remarkable job of exposing how money power uses central banking to crush people into submission via global government with economic and political slavery being the desired end result.
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
GREAT THINKERS YOU CAN'T GET ANYWHERE ELSE
The Daily Bell has revived that great old institution of the personal interview, extracting information from today's great thinkers you can't get anywhere else. Outstanding!
GREAT INVESTMENT INFORMATION
I love reading The Daily Bell! Interesting investment information, a political and social viewpoint that lets me know I'm not alone in the world and "annotated" with analysis. I highly recommend it to all interested readers.
PROFOUND AND PROVOCATIVE
Every day, I rely on the Daily Bell for a different perspective you'll never find in the regular media. It's an analysis and timely insight that is profound and provocative.
GREAT JOB, DAILY BELL
I can say that, unlike the mainstream press, The Daily Bell knows the questions to ask and has the chutzpah to ask them. They realize that socialism and Keynesianism are wrecking the world and they are helping to save what is left of liberty and free markets.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
Get outside the box with The Daily Bell and experience independent views.
READ IT EVERY DAY
A defender of free markets, The Daily Bell takes a libertarian approach to expose and unravel global misinformation. Read The Daily Bell – every day!
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
MESSAGES OF TRUTH
The Daily Bell website is one of the authentic voices cutting through the clouds of vapid opinion, the morass of mediocre media and the confusion of Orwellian doublespeak. The Bell website lives up to its name, ringing unheard messages of truth in our ears.
AHEAD OF THE CURVE
The Daily Bell has come out of nowhere to introduce to the Internet community some of the most intriguing and proactive interviews there are out there. Let's hear it for creativity and being ahead of the curve.
TRUTH AT WORK
There are very few publications out there that have the smarts and guts to tell the truth about the dictatorial forces at work destroying our civilization. Thankfully The Daily Bell is one of them, and it appears in the mailbox every day.
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
NEVER MISS AN ISSUE
I love the Daily Bell. Every issue is principled and informative.
A LEADING LIGHT
The future is created by the people who build it, not the people who predict it will not exist. You can meet lots of important builders by reading The Daily Bell.
The Daily Bell is one of the most innovative and in-depth websites on the Internet. The breadth of the content is awe inspiring and the amount of knowledge imparted is almost impossible to quantify. For me, as a liberty minded seeker of knowledge, it is a must read.
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
CUTTING EDGE ANALYSIS
At a time when growing majorities worldwide are tuning out mainstream news, people are seeking the cutting edge, insightful and thought provoking analysis that The Daily Bell consistently provides.
The Daily Bell affords an excellent alternative perspective on some of the noise and nonsense of mainstream media. In particular, I enjoy reading Anthony Wile's 'free-market analysis' on current subjects and articles. Very insightful.
VOICE OF REASON
I have thoroughly enjoyed the analysis and interviews at The Daily Bell, which has so often been a voice of reason during these perilous times
SOURCES YOU CAN TRUST
The Daily Bell should be on everyone's shortlist of news sources you can trust. It's on mine, and we often refer to it in our own weekly news service at The Reality Zone.
I read The Daily Bell every day and I find it very informative.
I really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
A VIRTUAL WHO'S WHO
The good and the bad, the big dogs and the small, the thinkers and the doers among libertarians and on the "Right" – you can encounter them all in The Daily Bell's exclusive weekly interviews. Indispensable.
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
PREMIER FREE-MARKET ANALYSIS
The Daily Bell rings out for liberty every day. It is the premier online source for insightful and hard-hitting free-market analysis and interpretation of economic, political and business events.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
Republican Sellout Invites Stagflation
December 26, 2012
Editorial By John Browne
While it may not be a surprise that the Republicans are preparing to yield on their vow to oppose tax hikes, it should raise investor concerns the world over that an upcoming budget agreement will likely involve a Congressional surrender of its authority to set the federal debt ceiling. In exchange for this, it appears that the Republicans have simply done nothing to halt, or even curb, the dangerous federal spending trajectories or the current drift towards greater state control of the economy. President Obama has politically outmaneuvered the Republicans, even going as far as evoking the Newtown massacre as a reason for quickly concluding a deal. As a result, it is likely that the GOP will bear the blame for any breakdown in fiscal cliff negotiations. They could wear such an outcome as a badge of honor, but nothing indicates that they have the political courage to do so.
Given the drift in Washington, those who had hoped for a significant improvement in the United States fiscal prospects will have nothing but lumps of coal in their Christmas stockings. At the same time, the Fed continues to hold its foot to the floor with increased quantitative easing that will pump massive liquidity into the system (see Peter Schiff's latest commentary for more on this). The combination can lead to stagflation and a debased U.S. dollar.
Republican House Speaker John Boehner has indicated a willingness to accept new taxes of $1 trillion, despite his party's pledge to halt tax increases. Diverting a trillion dollars out of the wealth-generating private sector into the government's coffers can only hurt corporate investment, particularly the venture capital sector that is so vital to the flow of new ideas and technology that stand at the core of America's highly profitable international technological lead.
But far more momentous than his capitulation on taxes is his agreement to pass debt limit power to the president. This decision removes any chance that the United States will ever do anything meaningful to address its fiscal imbalances.
Following the establishment of the Federal Reserve, the House of Representatives' approval of the Federal debt limit was needed to restrict a profligate government from endangering the credit of the United States and encumbering future generations with an unbearable level of debt service. But in order to pander to voters, both Republicans and Democrats have paid little heed to this important duty and have rubber-stamped continued increases in debt. In recent years, when Federal debt began exceeding GDP, Republicans finally withheld the stamp in order to force a real budget discussion. But a combination of their own hypocrisy and political mishandling has rendered those attempts futile.
In the meantime, both parties have avoided making any meaningful cuts in government spending and have instead offered accounting gimmickry as a poor substitute. Neither party appears willing to risk votes in order to curb the profligate and economically suicidal growth in out of control entitlement expenditures.
Last week, The Economist magazine published a list of 80 countries, ranked in order of quality of life as determined by such elements as economic well-being, intrusive government and crime. The United States has now fallen to sixteenth position (with Switzerland in first position). The combination of $1 trillion of new taxes and the likelihood of increased financial and commercial regulation will likely push the U.S. further down the list.
It is time for politicians, and particularly Republicans, to put the nation before their individual careers. Should they fail in this great patriotic call, they will be sentencing their fellow Americans to a future of falling living standards, currency decline and poverty.
But while the US struggles with its political and economic morass, other regions of the world do present more promising opportunities for investors.