News & Analysis
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 is a fantastic source of challenging thought from a wide range of freedom loving people.
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.
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.
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.
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
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
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.
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.
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.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
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.
NEVER MISS AN ISSUE
I love the Daily Bell. Every issue is principled and informative.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
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 has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
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.
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!
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.
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.
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.
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.
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
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.
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.
PART OF MY DAILY NEWS DIET
I read it every day!
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
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!
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 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.
I read The Daily Bell every day and I find it very informative.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
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.
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.
Get outside the box with The Daily Bell and experience independent views.
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.
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.
Kindly Ellen Brown Dishes Out Snake Oil as She Runs for CA Treasurer
By Staff Report - January 29, 2014
From Austerity to Abundance: Why I Am Running for California Treasurer ... Governor Jerry Brown and his staff are exchanging high-fives over balancing California's budget, but the people on whose backs it was balanced are not rejoicing. The state's high-wire act has been called "the ultimate in austerity budgets." ... There is another way to balance a state budget, one that leads to prosperity rather than austerity. California can stimulate its economy and the job market, restore low-cost higher education, build 21st-century infrastructure, preserve the environment, and relieve the state's debt burden, by establishing a bank that is owned by the people and returns its profits to the people. – EllenBrown.com
Dominant Social Theme: If "the people" run central banking everything will be swell.
Free-Market Analysis: If we can do one thing in this life, it would be to expose the economic gobbledygook behind the resurgence of "public banking" economics once and for all.
Ellen Brown is seemingly a kind person – an engaging individual, erudite and obviously well meaning in many ways. But her economics are a disaster. She is now running on the Green ticket and thus probably won't win, but she will surely elevate awareness of her platform and therefore will bring public banking/anti-usury economics further into the "mainstream."
She is not alone in her effort. Bill Still and a cadre of others – along with the US Intel community, in our view – are trying desperately to recreate the populism of the 1800s and, more pertinently, of the 1930s.
The private/public Federal Reserve model is failing and thus powerful banking factions and the Intel agencies they interact with are trying to set up the next model, which is public banking. The idea is that by misleading people about what public banking is and does, people will be drawn into supporting this meme.
The problem is the "monopoly" franchise delivered to the central bank by the state. Modern central banks effectively have a stranglehold on money creation. From five central banks at the beginning of the century, some 150 have been created now, mostly coordinated by the Bank for International Settlements.
Those who wish to confuse the issue will often point out that commercial banks "create" most of the money in circulation, but it is the central bank that sets the initial volume and price of money and is responsible for the balance sheets of commercial banks. Without central banking, the entire system of modern finance would founder. That's why central bankers journey to the BIS every month in Switzerland to "coordinate" policy rather than a gaggle of commercial bankers.
The other pillar of the modern state is corporate personhood, another state-mandated facility. Monopoly central banking and corporate personhood are both buttressed by state force. Without these two elements, modern societies would look a lot different – more like the locally-based agrarian/republican communities that Thomas Jefferson envisioned.
Ellen Brown is going in the other direction, however. She and her supporters have decided the antidote to big government is MORE big government – just a different kind. Here's more from Ms. Brown's article:
In the 1960s, the governor of California was Jerry Brown's father Pat Brown, a New Deal visionary who believed that investment in education, infrastructure and local business was an investment in the future. Our goal is to revive that optimistic vision in 2014.
We are running on the endorsement of the Green Party – along with Luis Rodriguez for governor and David Curtis for secretary of state – because Green Party candidates take no corporate money. Candidates who take corporate money – and that means nearly all conventional candidates – are beholden to large corporate interests and cannot properly represent the interests of the disenfranchised 99%.
In North Dakota ... all of the state's revenues are deposited by law in the state-owned Bank of North Dakota (BND). The BND is set up as a DBA of the state ("North Dakota doing business as the Bank of North Dakota"), which means all of the state's capital is technically the bank's capital.
The bank uses its copious capital and deposit pool to generate credit for local purposes. The BND is a major money-maker for the state, returning a sizable dividend annually to the treasury. Every year since the 2008 banking crisis, it has reported a return on investment of between 17 percent and 26 percent.
The BND also provides what is essentially interest-free credit for state projects, since the state owns the bank and gets the interest back. The BND partners with local banks rather than competing with them, strengthening their capital and deposit bases and allowing them to keep loans on their books rather than having to sell them off to investors.
This practice allowed North Dakota to avoid the subprime crisis that destroyed the housing market in other states. Consider the awesome potential for California, with its massive capital and deposit bases ... What could California do with $155 billion in interest-free credit?
One possibility would be to refinance its ominous "wall of debt" at 0%. A debt that is interest-free can be rolled over indefinitely without cost to the taxpayers. Another possibility would be to fund public projects interest-free. Eliminating interest has been shown to reduce the cost of public projects by 35% or more.
... As voters become increasingly disillusioned with big-corporate-money candidates, the third party option is gaining traction. According to a recent Gallup poll, in 2013 42% of Americans identified themselves as political independents, significantly outpacing Democrats at 31% and Republicans at 25%.
We can see that Ellen Brown is actually a believer in the New Deal and the coercion of the state. She is comfortable with the idea that the state should print money – preferably interest free at various levels – and hand it out. Instead of a bunch of little giveaways, the state should condense giveaways into one big program.
This sort of technocratic thinking has been increasingly endorsed at the top levels of elite finance. That's one of the reasons we consider it to be a dominant social theme – you can see these ideas being promoted over time.
In fact, these ideas in some detail go back to the 1930s and the crackpottery of Silvio Gesell who wanted government to depreciate money every month – and stamp it – in order to increase its velocity and thus, he believed, prosperity.
Gesell's partner in crackpottery, Major Douglas, wanted to mathematically determine how much money "industry" made each year and then give the excess back to the "worker." He called Gesell's ideas a horrible tax.
The ideas of these populists, along with various anti-usury ideas, were picked up as part of the expansion of fascism in the 1930s. Adolf Hitler was attracted both to a "people's" central bank and anti-usury programs.
Of course, Hitler – being economically illiterate – didn't understand that normal interest lending was merely an expression of the time-value preference of money.
It was the idea of German fascists of the time that if only Leviathan were controlled by "the people" instead of a cabal of Jewish bankers, then all would be well with the world. We would have, in the words of Ellen Brown, above, "prosperity rather than austerity."
Of course, when Hitler put these ideas into practice, he ended up determining the "will of the people." It is ever thus. The top people will rule as they choose, justifying their actions by explaining that they represent the "will of the people."
Ellen Brown is now engaged in a similar type of campaign. She is no Hitler, of course; instead she is a self-confessed neo/New Dealer. But essentially what she wishes to create is a monopoly central bank writ small. She is perfectly satisfied with many of the essential elements of Leviathan. She simply wants to redirect the largesse.
At one point, Ms. Brown had kind words for both India's central bank and China's – if we recall correctly – because both of these banks were supposedly "controlled by the people," via the state.
This was part of a distinction she made – along with others – that modern central banks are "private" and that by making them "public," abuses would be mitigated. The lamentable achievements of the central banks of India and China eventually weaned her from these arguments. But now she is making the same arguments about state banks.
It is really too bad. Leviathan cannot become a positive force simply by reconfiguring its operations. Bigness is inevitably corrosive and corrupting. Ms. Brown has the wrong idea.
The solution is a simple one, however. People need to educate themselves, take responsibility for their actions and also take "human action" to support themselves, their families and their communities in ways that provide self-sufficiency.
What will change society for the better is self-education and the willingness to wean oneself from the larger dynamic of Leviathan. One can take advantage of modern paradigm – including various investment strategies – but one should never be seduced into believing that modern state can change if the correct technocratic maneuvers are implemented.
On the one hand, we have Ms. Brown, preaching that Leviathan can be sustained and expanded if "usury" is diminished and central banking is controlled by "the people."
On the other hand, we have the Austrian economic paradigm that preaches laissez faire, freedom and the eventual reduction of Leviathan until it is finally of no consequence and cannot further damage culture and society.
The way to deal with the ever-enlarging state is not to try to take it over – as that cannot be done – but to try to diminish it by pursuing self-efficiency and self-education. Withdrawing from the modern Leviathan is a good deal more practical and feasible than trying to change it.