STAFF NEWS & ANALYSIS
Showing 6401 - 6450 of 6714
September 08, 2009
The British ride to America's rescue? The Institute of Economic Affairs, Britain's self-proclaimed oldest free-market think tank, supposedly inspired by one of our favorite economic thinkers, FA Hayek has come out against the Obama administration's prophylactic ...
September 07, 2009
The Chinese are tightening the screws in our estimation, making it clear to the United States that continued funding of the American national debt by over-printing money is simply unacceptable. But we don't necessarily see that the Chinese are operating from a ...
September 05, 2009
This is a very interesting recent analysis by the Telegraph because it focuses on Milton Friedman and John Maynard Keynes as the archetypical east and west of economics. It is written by Edmund Conway whose Boom and Bust article we reported on just the other da ...
September 04, 2009
We wondered what happened to the various nostrums floated by these international meetings, the G8 and G20. Last time we focused on the topic, we were pointing out that they didn't really seem either serious or likely to produce substantive change. There was a g ...
September 03, 2009
What's strange about all this is that swine flu has not been shown to be especially deadly, at least not as compared to other diseases with obviously severe mortalities. For one thing, people over the age of 55 are said to have some immunity to this particular ...
September 02, 2009
We would like to give the Federal Reserve the doubt here, but we have considerable trouble doing so. In fact, in our opinion, the Fed is under attack because it comes up with apologists that Paul Kasriel that defend the institution in ways that many people migh ...
September 01, 2009
This sort of article is too rarely available in the mainstream media, in that it departs from the happy talk that has characterized the "recovering" economy in the past six months. Stock markets have run up hard, powered by trillions in central bank money print ...
August 31, 2009
Are the compromisers becoming more evident. This article indicates that there are ways to move the American health-care bill forward by removing the public option and emphasizing insurer-led cost control. The article is actually written tongue-in-cheek (see bel ...
August 29, 2009
Privatization: good, bad or ugly? Actually, there is nothing good about it in our humble opinion. It is representative of a larger trend that is taking root in the Anglo-American axis. It is a response to the recognition that government is both profligate and i ...
August 28, 2009
It is important to internalize what has occurred in the past year. The Western financial system virtually collapsed. We are aware of course that some believe that a certain element took advantage of the system to extort huge sums of money from panicked governme ...
August 27, 2009
Wow, wow, wow ... talk about being "slapped upside the head." We just were with this terrific article that was sent to us by the author himself apparently – who is one clever cookie (even though he has a degree from Harvard). ...
August 27, 2009
Roubini strikes out? Not really. The problem with stock market investing in general is that the timing is difficult. If you are reaching the age of retirement especially in America and most of your income is in equity, you have probably felt sick-to-your-stomac ...
August 26, 2009
Back in May we declared that the American Federal Reserve was all but finished - or at the least that it would emerge from the financial crisis as a very changed institution. The proximate cause of our statement was the disastrous testimony of Inspector General ...
August 25, 2009
Just as the monetary elite aligns regulation and markets with its dominant social themes to create wealth and social control, so we anticipate that those who stand behind onrushing spontaneous memes will do much the same. Of course we are only at the very begin ...
August 24, 2009
We don't agree with this analysis. We've written before that we think the West and especially America, has entered a second (or third) phase of the Internet era – and that the 'Net is indeed a game changer. The Internet has provided a new view of the world fo ...
August 22, 2009
At one point the Swiss depended on their mountains to shield them from outside political and regulatory pressures. Now the Swiss bankers will have to depend on their encyclopedic knowledge of financial jurisdictions. While bank secrecy seems to have been penetr ...
August 21, 2009
This was a letter received by the Telegraph in response to an article on the failings of the British health care system. The system, which is constituted actually of several separate branches, is fully nationalized. The government both employs medical workers a ...
August 20, 2009
The American left has the idea that the American consumer ceases to purchase goods every now and then, and that's why economies suffer from recessions. The American right has the idea that it is regulation and fiscal policy that punctures economies. Both points ...
August 19, 2009
This article offers an alternative narrative to the one we have supplied – that it is the Internet and the explosion of non-mainstream media information that has led to US anti-healthcare town halls. And there is a reason for that in our humble opinion, as th ...
August 18, 2009
Every time someone in an American town hall meeting refers to the constitution to make a point that President Obama's version of health care may be unconstitutional a larger insight is being enunciated. That larger insight, as yet un-verbalized by the mainstrea ...
August 17, 2009
We have stated the presence of green shoots is exaggerated. In fact, we have been surprised by the aggressive rise in stock prices around the world, but ultimately this is understandable given the amount of paper and electronic monetary issuance courtesy of cen ...
August 15, 2009
This article and others like it tend to take the point of view that the shouting and yelling taking place at American town halls is detrimental to the functioning of democracy. The idea (it is not ours) is that Americans have always solved their political probl ...
August 14, 2009
Is McEntire awaiting a spark? The size and aggressiveness of the US military-police-industrial complex is noteworthy. If ordinary citizens ever understood the length, breadth and depth of it, questions naturally would arise, such as - why does the US federal go ...
August 13, 2009
Paul Krugman is a Nobel prize-winning economist, and his take on what's happened with the financial crisis is surely one to be reckoned with. It is the narrative that the mainstream news media will likely utilize over the coming weeks and months. We believe thi ...
August 12, 2009
The Daily Bell covers dominant social themes. And we have pointed out that these themes may have a kind of spiritual significance. While organized religion seems to have lapsed in the West in the 20th century, the monetary elite launches sociopolitical perspect ...
August 11, 2009
What's the real import? We think the monetary elite is fighting for its collective life. The Internet is gradually undermining each and every dominant social theme. Without the ability to promote its point of view seamlessly through the mainstream media, the mo ...
August 10, 2009
We are not as excited about the unemployment figures as the American stock market was on Friday after the numbers were released. For one thing, unemployment figures track jobless benefits. Anyone who has lost a job and signs up for unemployment benefits becomes ...
August 08, 2009
Venturing back to a region reeling in deep unemployment, President Barack Obama's latest mission in Indiana is to show that the costly stimulus plan he lobbied for is producing tangible help – $2.4 billion in taxpayer grants to create electric cars and tens o ...
August 07, 2009
The monetary elite has every reason to develop and sustain the meme that oil is running out. The wealth to be garnered by controlling such a basic substance is phenomenal. The perception that such a substance is rare and getting rarer only adds to its value. Ye ...
August 06, 2009
This is what we're talkin' about! In order to stimulate the economy, central banks have given trillions to money center banks that are then supposed to lend out the money to businesses that will expand, thus providing additional jobs and salaries to workers who ...
August 05, 2009
Ordinarily we quote from mainstream articles to make a point about the lack of logic and internal consistency in what passes for the current conversation regarding Western freedoms. World Net Daily, primarily a well-traveled and conservative Internet site, is n ...
August 04, 2009
Actually, we are not surprised by this sort of public sector salary. The total in US dollars is probably somewhere around $700,000 (versus pounds), but any way that you slice it, this sort of money is big. Those in the public sector often speak of the difficult ...
August 03, 2009
More than almost anyone else, recently, Alan Grayson has put Federal Reserve Chairman Ben Bernanke on the hot seat during Congressional hearings. And Grayson has grilled other Fed personnel as well, most notably Inspector General Elizabeth Coleman – a Youtube ...
August 01, 2009
How about pro-bubble? President Barack Obama is obviously trying to sound responsible and business-like. He has been advised – presumably advised – that he needs to make a statement about being pro-business and also to warn businesspeople, especially in the ...
July 31, 2009
In our humble opinion, the British Tre
asury's definitive account of what went wrong with the economy in Britain (and the West) ...
July 30, 2009
Is a recovery on its way? We would argue that mal-investments have not been purged from the larger economy. We would argue that tens of trillions have been loaned out to major commercial banks, allowing stock markets to go back up and creating a patina of econo ...
July 29, 2009
Bernanke can make all the appearances he wants. He can campaign to his heart's content but reality is bringing him and central banking to a different place. Ordinarily it is foolhardy to bet against a monetary elite with so much wealth and power. But this is on ...
July 28, 2009
So one of the most prestigious economic schools in the world, the London School of Economics, has provided a letter to the Queen of England explaining why none of the eminent economists at the school remotely anticipated the terrible financial crisis of the lat ...
July 27, 2009
Let's be fair. We are not fans of Bernanke, but in fact, there is in fact no reason to blame just him. It is the system itself that is flawed. It is the system itself that must be reformed. Now you may be an investor who is heartened by the recent rise of the D ...
July 25, 2009
The truth is fairly simple, in fact. We've been writing about it busily here at the Bell. It's all over the Internet if you care to look. The problem with the economy is over-printing of money by central banks causing a boom and then a bust. The bust this time ...
July 24, 2009
The nice thing about free-market analysis is that it really tends to put what is happening to the larger economy in its proper perspective. Free-market analysis tells us that central banks have once again begun reinflating the financial bubble and that the gain ...
July 23, 2009
Let us remember that a recession is merely a depression that has not been fully realized. Thus, if it is said that the "recession" is running its course, this really means the economy has not been fully purged nor have the industrial distortions of the previous ...
July 22, 2009
Never has the American Federal Reserve been so challenged by Congress, or not for the past 50 years anyway, not since the Great Depression, actually. We've been following what we believe to be the unraveling of the Fed, and Bernanke's appearance on the Hill yes ...
July 21, 2009
Here at the Daily Bell we have never much believed in green shoots and we can see from the above article that those who have been spotting them are retreating. But more than that, this article in Britain's Guardian blames the Bank of England for not doing enoug ...
July 20, 2009
Gloom is not so much the issue, of course, as ruin – widespread and prolonged. We have long anticipated a crisis of modern day capitalism, especially since the latest financial difficulties began less than two years ago. In the interim, central banks have pou ...
July 18, 2009
NASA's admission that it has lost the original footage of men on the moon will not sit well, of course, with the conspiratorial crowd. But there are other issues involved, and they have to do with a flood of skepticism that seems to be overtaking the worldwide ...
July 16, 2009
The idea of those who manage central banking is that the globe can move to a more centralized but still controllable monetary system - via the IMF or regional currencies, etc. But the world is moving too fast to implement these solutions. It is probably just as ...
July 15, 2009
This is a shock, even in an age of media deflation. Business Week was the bible of American big business, a weekly news magazine that told the definitive narrative of US success around the world. Fortune Magazine chronicled the success of America's business cap ...
July 14, 2009
It has been very enlightening to watch the economic crisis play out. One thing becomes immediately evident - the monetary elite takes care of its banking system and largest corporations first and foremost. This is done to "save the system" - but it becomes clea ...
July 13, 2009
Is the era of central banking over? Nothing lasts forever. Central banks had a good run in the 20th century, but in the 21st century, their invulnerability and majesty has been compromised. The rationale is indefensible and the elitism is difficult to sustain i ...
