STAFF NEWS & ANALYSIS
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June 28, 2012
Stephen Leeb is worried about the state of the world and has piled all his hopes on some sociopaths meeting today and tomorrow in Brussels. We use the word "sociopath" only to point up the lunatic determination it takes to claw oneself into a position of power ...
June 27, 2012
This article asserts something that we have written about a good deal from the aspect of the European political economy. In fact, we recently quoted the UK Telegraph on the political evolution of the EU and the euro. Turns out it was both malignant and creepy. ...
June 27, 2012
Our raving friend is back. He's the nutter with the obsession about Greenbacks and the CIA. We've already reported rebuttals to the idea that US progenitors of "Greenbackerism" and other paper money strategies have links to US intel, but on he goes ... calling ...
June 26, 2012
Every day we slap our (admittedly low-slung) brows and let out whistles of amazement. The latest reason: It seems the world's oldest private bank is in need of a government loan. Once upon a time all banks were private, even the ones that belonged to the ruler. ...
June 26, 2012
This is an article (along with a video) that reports on former Secretary of State Condoleeza Rice's determination not to be the vice presidential candidate for the Mitt Romney GOP campaign. But halfway through the article, the text takes a really weird turn tow ...
June 26, 2012
Michael Stafford has decided to leave the GOP, and his article has attracted attention by no less than David Frum of the Daily Beast who chronicled Stafford's leave-taking by quoting a good bit of Stafford's article and posting it at the Beast. Frum didn't add ...
June 26, 2012
Nick Cohen over at the leftist UK Observer is declaiming against political paranoia. The putative target is Julian Assange of WikiLeaks fame but the dissertation is far wider than that and basically damns paranoia generally as a response to what is taking place ...
June 25, 2012
40 million houses too many ... one explanation for falling prices ... This article originally appeared in early February but is still being picked up around the web – and it certainly provides us with a shocking observation. In fact, it is worth commenting on ...
June 25, 2012
All the dirty laundry is being aired now. This UK Telegraph article explains it succinctly in the above excerpt. As we've pointed out in the past, the EU exercise, especially the euro, was an exercise in cynicism. The idea was to implement a currency union, whi ...
June 25, 2012
This is a pretty incredible observation – that British politicians have no idea how they are going to attain the "goals" they voted for regarding the removal of carbon dioxide from the atmosphere. This ludicrous assertion will surely go down as a case of mass ...
June 22, 2012
So ... the "big four" – Merkel, Monti, Rajoy and Hollande – are meeting in Rome today. Reuters, a bought-and-paid-for media facility of the power elite, will be present to report on the scene and to remind us that our world depends on these four individuals ...
June 22, 2012
This is a most interesting article posted at the alternative website American Dream. While its main conclusion is one of anger – even despair – over US government interference in the lives of peaceful US citizens who want to become more resource independent ...
June 21, 2012
It makes one want to throw up his hands and cradle his aching head. Here is Professor DeLong, who once served as a Clinton-era deputy assistant secretary of the treasury for economic policy, writing an entirely nonsensical editorial. The only hopeful sign is th ...
June 21, 2012
This is a great article that Susanne Posel has written over at the Activist Post website. It's really an analysis of the potential failure of one of the power elite's main dominant social theme, global warming. As you can see from the excerpt above, a noted Gre ...
June 21, 2012
The Secret Service is much in the news for their partying ways. But to be shocked at the behavior of the young men and women in the Secret Service is perhaps to betray a naïveté about the way government really works. In this article, we'll try to shed some li ...
June 20, 2012
As the EU continues to unravel the idea of a Northern EU complete with its own currency seems to be becoming more feasible. Top mainstream journo Ambrose Evans-Pritchard is doing a good job of keeping us up-to-date on the desperate proposals floated by various ...
June 20, 2012
We missed this one but Forbes did us the favor of reporting on it. The BRICs are apparently considering creating a kind of basket of currencies that would be "aimed at containing crises such as the one roiling the eurozone." This is not exactly a "new" currency ...
June 19, 2012
Quantitative Easing. Operation Twist. Discount Window. The mavens at the Fed have so much jargon at their disposal. Not anymore. This is really simple to understand – see above. Fed board members gave trillions to their own banks so the would survive the cris ...
June 19, 2012
In this snide little article, a Washington Times columnist who apparently might be characterized as a Neocon takes it on himself to instruct Ron Paul supporters as to how they ought to react emotionally and intellectually to the "end" of the Ron Paul campaign f ...
June 19, 2012
It's all over the news: Egypt's Muslims continue to make progress toward controlling government from an electoral standpoint and Israel has started making noises of considerable concern. Meanwhile in Tunisia, Prime Minister Hamadi JebaliJebali's moderate Islami ...
June 18, 2012
The SEC couldn't regulate a paper bag. It was set up in the 1930s by global elites to give the appearance of a Wall Street cop without providing the reality. It's part of Washington's larger dysfunction and is only notable because of its brief, which is to appr ...
June 18, 2012
This is a very interesting article that has been posted around the web but caught our attention because it frankly makes the case that both Georgism and Social Credit – now making a timid comeback – are facilities of Fabianism. The Fabian Society believed t ...
June 15, 2012
The Internet has surely helped focus the mind on the insanity of central banking. Now, when we read articles like this, we can translate them immediately. Mervyn King claims that banks need the aid of the British central bank that he runs and he is prepared to ...
June 15, 2012
There is surely a power elite that is trying to drive the world into depression. We would tend to believe it is succeeding. This latest squawk from Goldman Sachs is testimony to that. We know the elites intend to drive the world into depression because the syst ...
June 14, 2012
Is the Euro-crisis finally coming to an end? Just yesterday, we pointed to the intractability of the larger European position regarding any EU "bailout." But we have also previously covered Ambrose Evans-Pritchard's reporting on the so-called sinking fund that ...
June 14, 2012
This is another one of those Economist articles that reads better if you don't read it more than once. It points up once more the issues we've discussed regarding insider trading, its hopelessness as a legal doctrine and the general unfairness of prosecuting th ...
June 13, 2012
Over at the Telegraph, Ambrose Evans-Pritchard has done us the favor once again of providing reports that show clearly the intractabilty of the Euro-crisis. He points out that while the Eurocrats in Brussels can come up with plan after plan, the Germans must fu ...
June 13, 2012
The New York Daily News is out with an article critical of boxer Floyd Mayweather for wanting to serve his three-month jail sentence at home. Mayweather was convicted for hitting the mother of two of his children, Josie Harris, in front of them. He could have r ...
June 13, 2012
Rand Paul, in defense of his endorsement of Mitt Romney said on DailyPaul Radio that he was making a political judgment that would help him work with others in Congress. He pointed out his father had made similar endorsements. Politics is the art of compromise, ...
June 12, 2012
Mavrodi ended up in prison, but when he came out, he started a series of "legal" Ponzi Schemes. They were legal because he admitted to them up front. People invested in them at their own risk. And when they collapsed, people couldn't claim they'd been tricked. ...
June 12, 2012
We've written two articles about Rand Paul's misguided endorsement of GOP potential presidential candidate Mitt Romney. In the first article, we discussed the inevitability of what we call the Internet Reformation – and its ongoing expansion. In the second ar ...
June 11, 2012
This article in The Fiscal Times is a bit strange because it doesn't seem to come to a conclusion about upcoming automatic cuts by Congress. We will, though. The Fiscal Times is a project of billionaire Pete Peterson, a Wall Street mogul who is surely a scion o ...
June 11, 2012
Greenbackerism's devotion to the myth of Abraham Lincoln as a benevolent and wise individual who stood up to Money Power has been extensively debunked by such free-market historians as Thomas DiLorenzo. He's written several persuasive books on the subject and b ...
June 08, 2012
The big news in Europe is not the implosion of the euro but the steadily advancing financial market tax. This is a tax on financial transactions and it will constitute the biggest single intrusion into private affairs since, well ... the income tax. We learn fr ...
June 08, 2012
Rand Paul endorsing Mitt Romney is a bit strange. We question the necessity and we are interested in the reasoning. On the surface, to us it doesn't make much sense. But on a deeper level it illustrates the differences of vision between father and son. This art ...
June 08, 2012
It is surprising to see what we call directed history at work. From Tunisia to Egypt and then Libya and now Syria, Western powers are manufacturing pretexts for wars and toppling governments. Syria is the next to go but probably not the last. They are working t ...
June 07, 2012
Or are they? Europe is failing, China just cut interest rates and US markets moved up hard on a hope and a prayer. The hopeful prayer was that Ben Bernanke would cut interest rates – or that he intends to. Why this would cause the Dow to climb some 300 points ...
June 07, 2012
What is a public market? It's whatever (mostly US) regulators say that it is. But now, for the first time in about 75 years, public markets are undergoing an evolution. The evolution, it would seem, is spelled "JOBS Act." Recently, Daily Bell Chief Editor Antho ...
June 06, 2012
So a new group will do what Wall Street won't – bring sanity to finance! Or will it ... Imagine, however, that a group was formed to provide oversight to the risks undertaken by, say, the auto industry – or ... cruise lines. Wouldn't this be seen as overrea ...
June 06, 2012
The Olympics leave a trail of bankruptcy and destruction wherever they go. From Greece to China to Spain and beyond, the mothballed infrastructure, ruinous costs and misdirected man-hours resonate ruinously for decades. It is surely an elite dominant social the ...
June 05, 2012
The Earth is falling and the Eurozone is wobbling. Brussels is worried, Germany is intransigent and Washington is "concerned." The proximate cause of these worried brows is a dysfunctional continent-wide union that had no reason to exist, no popular mandate to ...
June 05, 2012
Like some sort of bad joke or living nightmare the European Union rolls along. It really does resemble a Zombie apocalypse, though unfortunately it is not a Hollywood production but an ever-expanding political engorgement. One would think that having bankrupted ...
June 05, 2012
Hoo boy! Whom can you trust anymore? For decades, we've been hearing about the promise of solar power and now it turns out that solar cells may be terrible for the environment. Bottom line according to this new book Green Illusions: Hexafluoroethane has a globa ...
June 05, 2012
We're getting a bit tired of perhaps the greatest mainstream journo, Ambrose Evans-Pritchard. He was great in predicting the possible death of the European Union or at least the euro. But he's undergone a considerable evolution in the past few months. It starte ...
June 05, 2012
Here we go. Main Street needs a culling but not Wall Street. Or should we be referring to London's City, that infamous patch of ground in London that like Washington DC and the Vatican is its own tiny patch of rules and laws that have nothing to do with its sur ...
June 04, 2012
Reuters does us the service of providing a view of the bigger picture when it comes to the European Union: The choice is between more of the same – and a LOT more of the same. You would think that a political process that has bankrupted half of Europe, inflam ...
June 04, 2012
So now one big reason for Google mapping becomes clear: to create an electronic grid that would allow for the use of robotic drivers. Why are we not surprised? And what's wrong with robot drivers, anyway? Seems to be an advance that is intended to provide more ...
June 01, 2012
Bruce Springsteen is probably one of the most successful musicians in the world. He is also one of the most ambitious. But his ambition, as displayed in this Reuters article above, provokes a bottom-line question: Is he dumb or playing dumb? We Googled "Springs ...
June 01, 2012
So now we learn from the Register, an IT publication, that numeracy raises skepticism about global warming. This apparently came as a shock to those who organized the study. As global warming is a kind of hoax, this should NOT have been surprising. But charming ...
May 31, 2012
The intrepid and charming Ellen Brown has scored again with the one-year-old Public Banking Institute that filmed 12-year-old Victoria Grant speaking about the benefits of public banking. The video of the beguiling young woman has gone "viral" with well over a ...