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.
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 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.
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.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
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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.
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 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.
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!
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
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.
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I read it every day!
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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.
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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.
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.
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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.
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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.
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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.
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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.
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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.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
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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.
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Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
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.
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
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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.
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For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
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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.
Mark Carney to the bankers: the joke is on you now ... In the long run, "heads-I-win-tails-you-lose finance" catches up to you. That was the message Bank of Canada Governor Mark Carney delivered to an audience of finance majors at Western University's Richard Ivey School of Business today. In other words: "don't you kids try to play that game." It's in the banks' own interest to embrace stricter regulation aimed at restoring the public's confidence in the financial system, Carney said in prepared remarks. Lower levels of trust since the financial crisis are harming the economic recovery and the banks' own business, the governor noted – EconoWatch
Dominant Social Theme: Regulation will ease the problems of public perception when it comes to banking.
Free-Market Analysis: Mark Carney is set to be the next Governor of the Bank of England, so his words are worth listening to. In a message to university students at Western University (see above) Carney revealed the reason for the regulatory push that is going on in the EU and North America ... Trust.
Carney sees the issue as one of public trust and notes that major banks outside Canada are now trading well below their book value. This "indicates shareholder concerns about a combination of the quality of bank assets and the value of their franchises," he is quoted as saying.
Such sentiments are indications of a larger campaign by top central bankers to bolster the public profile of large banks, and this has led in the European Union, for instance, to a regulatory push to control bank bonuses. An article of ours on this issue just yesterday pointed out what observers are warning, that reducing bank bonuses will likely result in larger base salaries for bankers. The money will be had, one way or another. Here's more from the article excerpted above:
Credit rating downgrades of many big banks are another sign of that lack of trust, not just between financial institutions and the general public but among financial players as well. Even recent credit upgrades are due more to governments guarantees than debt-holders' confidence in the banks themselves, Carney said. (The governor didn't mention this, but Canada's big banks have seen ratings cuts too recently, albeit not as a consequence of the 2008 meltdown.)
The governor also noted that creeping distrust among national bank regulators might lead to a "balkanized" financial system, with governments trying to insulate their country's banks from the fallout of foreign crisis by restraining cross-border financial flows. Some euro zone countries, in particular, are known to be flirting with such options. These measures, though, tend to exacerbate rather than reduce risk, Carney noted.
Governments [are] concerned that they might have to use taxpayers' money to bail out foreign banks that have a large customer base in their own country (remember the case of Icelandic banks and the U.K. government?). As a result, they are increasingly relying on domestic banks and investors for financing: German banks are lending to the German government, and Italian banks to the Italian government.
Financial institutions in vulnerable countries, in other words, are loading their balance sheets with bonds investors see as increasingly risky. If these banks lose access to credit markets—and some of them are already struggling to borrow— the whole continent would likely experience a banking crisis.
The above paragraph reveals the reason for concern about banking and its public image. It is not so much that the banking establishment is concerned about the system's functionality as it is concerned about its public perception and how banks might interact with the political establishment as a result.
Apparently, what is going on is a crisis of globalism. The concern is that state financing is returning to a state paradigm. Rather than having multinational financings, the trend, as stated above, is to restrict borrowing to national facilities that are more predictable and controllable.
Monetary velocity is falling as well, and Carney is quoted as saying that money multipliers have fallen by 55 percent in the US and 40 in the European Union between 2006 and 2012. "The magnitude of the decline indicates the extent to which trust has been shaken," Carney said.
The article concludes with the admission that "new rules won't be enough without a broad-based culture shift in the banking industry." And, of course, this is just the point. The system itself is to blame for what is taking place – and in the case of the EU, we have top political men on record as saying that a crisis would be necessary to create a stronger political union.
In Europe the current crisis was at least welcomed by some Euroleaders, while in the US the financial crisis was due in large part to the reduced interest rates promulgated by the Federal Reserve that led to the housing bubble. Neither of these factors are going to be affected by regulating banks, bank bonuses or other banking behaviors.
The article itself concludes that "virtue cannot be inculcated via lecture either." But banking virtue is really not the issue here. The problem is systemic and Carney's analysis – which focuses on fixing public opinion rather than fixing what is wrong with the monetary system – may be providing us with the mindset that he will take to the Bank of England.
That likely does not bode well, either for the financial system as a whole or for solving the underlying problems with which Britain and the West's financial systems are currently struggling.