EDITORIAL Showing 5001 - 2 of 2
Krugman Misses the Point
June 08, 2013
Paul Krugman recently published a column called "The Unbearable Lightness of Being Right." In it, he once again explains failures of so-called "austerity" and defends his own perspective, which is thoroughly Keynesian. Now, within the context of free-market eco ...
Reuters: People Demand Government Action to Subdue Internet Surveillance
June 08, 2013
Here's an interesting twist. The mainstream media is filled with reports of vast surveillance mechanisms that have now been emplaced thanks to the evolving structure of the Internet. Now, any time the mainstream media gets involved in broadcasting a particular ...
Was Guardian 'SpyGate' Article Planted to Support Pending British 'Snooper' Law?
June 08, 2013
Please excuse our cynicism. When it comes to major Western media, nothing is what it seems. Bottom line: Major media in the West is without doubt controlled by major corporate entities, often globalist in terms of their sympathies. The Guardian, a leftist newsp ...
What Don't We Understand at This Point About Economics and Unemployment?
June 07, 2013
This is a statistic that just doesn't budge. Much of the happy talk about high stock markets and rising real estate prices doesn't affect the basic reality of the US economy: It has nowhere else to go but up, but it is not getting there. This lends itself to cl ...
Do Generations Need to Compete Over Healthcare?
June 07, 2013
What is a nation anyway and why should different age groups be pitted against each other? That seems to be the fashion, however, when it comes to analyzing retirements and how they operate. We've commented on this before because the Baby Boomer generation has b ...
Deviant Globalization: Another Sign of the Internet Reformation?
June 07, 2013
Let us try to put this as plainly as possible. What is being labeled here is the ability of individuals to link together using electronic devices to do things that the state is not in favor of. Whether it is Bitcoin or various kinds of information sharing that ...
Thinking an Unthinkable: No Voting Right for Those Living at the Taxpayer's Expense
June 07, 2013
One of the most sacred ideas in our democratic era is the belief in the universal and equal right of all citizens to have the voting franchise. Yet some have argued against this "right." But their challenge to an unlimited right to vote has not been based on gr ...
Blocked up With Yucky Stuff
June 07, 2013
Yesterday, Mr. Bernanke's price-fixing scheme ran over a speed bump. The Dow dropped 216 points. Just a jolt, for now. The brick wall is still ahead. But we will try to give the devil his due. First, this from our own right-hand man, Chris Hunter (investment di ...
Lies the IMF Tells?
June 06, 2013
Who believes this stuff anymore? The point of the IMF's attack on Greece, so far as we can tell, was to show the rest of Europe that the arm of Brussels was long and strong. The unbreakable will of the Eurocrats was to be on full display and those who were to c ...
Obama Admin Ups Social Costs of Carbon Damage by 60 Percent
June 06, 2013
The whole issue of carbon dioxide in the atmosphere is questionable but that doesn't stop the Obama administration from enshrining carbon costs in the larger regulatory structure, as we can see from this insightful article. The moves of the administration in th ...
Federal Financial Ignorance
June 06, 2013
This week's Solari Story from Catherine Austin Fitts is titled "Federal Financial Ignorance." Here's a bit of the transcript: "It was 1989 when I became Assistant Secretary of Housing. I’m a great believer that the first thing you want to understand about an ...
Pay Down Your Debt
June 05, 2013
We've warned about a deleveraging bond market. When Western economies are seen as weak and their currencies weaker, then investors around the world don't want to buy bonds and rates rise. This makes the bonds that people and institutions already hold worth less ...
In England, Property Millionaires Are Booming
June 05, 2013
What are we to make of all this? Britain is headed into a dreaded triple-dip recession and unemployment is not as high as in the Southern PIGS but it is quite high nonetheless, especially for the young. A debt crash threatens and regulations and taxes continue ...
EU Referendum Looks Serious This Time for Britain
June 05, 2013
This is a surprising development and one we believe has been caused by UKIP, the quasi-libertarian British party that has been growing quickly. Now it looks as if long-suffering Brits will finally have a say as to whether or not they wish to be ruled via Brusse ...
Brazil's Indian Dilemma
June 05, 2013
There are factions of Western media, as we have long pointed out, that want to portray the BRICs and even South America itself as similar to the West. That is, possessed of a homogeneity that is similar to European countries, or even the United States, which h ...
Coming to the End of a Deceptive Lull
June 05, 2013
"Some debts are fun when you're acquiring them, but none are fun when you set about retiring them." ~ Frederic Ogden Nash We may be coming to the end of a phase that was widely perceived as "a return to normalcy." Recovery hopes have been held high, sponsored m ...
A Precis on Humanism
June 05, 2013
In modern times humanism has been associated with Karl Marx and one of his teachers, Ludwig Feuerbach. The latter was an atheist who believed that it wasn't God who created man but the other way around. Since, however, this left no one to command us to do the r ...
Kidder! Could Central Banking Contribute to Income Disparity? Fed Investigates
June 04, 2013
This seems typical of the world we live in. The US government – leviathan – seems irretrievably broken, yet the mainstream media continues to treat the empire as if it were a republic. Almost every industry now is regulated, controlled and coerced and yet t ...
What the BIS Is REALLY Worried About
June 04, 2013
Actually, the BIS is doing what central bank executives do all the time, which is meet to create the problem its representatives then publicly identify from the podium. In other words, say you are a central banking boss. You meet and decide how much money to pr ...
Poverty: Now You See It, Now You Don't
June 04, 2013
We are not so impressed as the Economist with these poverty numbers. Have the wise editors at the Economist looked around at the West recently? How about the US where 40-plus million are on food stamps? Or Greece or Spain where half the youth population is unem ...
America's Greatest Affliction: The Presstitute Media
June 04, 2013
When Gerald Celente branded the American media "presstitutes," he got it right. The US print and TV media (and NPR) whore for Washington and the corporations. Reporting the real news is their last concern. The presstitutes are a Ministry of Propaganda and Cover ...
For Whom Does the System Work: An Idle Question?
June 03, 2013
Is it an idle question to ask for whom the system is working? Perhaps so, but perhaps not ... not if the West's central-bank oriented system ceases to work for a large number of citizens. This, in fact, is not an idle observation. In Europe, youth unemployment ...
The Problem of Leviathan
June 03, 2013
For some, congressional action regarding the current scandals besetting the Obama administration are proof-positive that the system works. But for others, the plethora of troubles under scrutiny in Washington, DC is proof of a larger problem, which is that the ...
Shale Gas Reserves Seen as Making Britain Energy Self-Sufficient
June 03, 2013
Free-Market Analysis: First the US; now Britain. We've run a number of articles now on the shale oil and gas technology, which has apparently changed the calculations around oil and gas availability. For over a decade in various configurations we've pointed out ...
More Signs That Africa Is the Next China/Japan
June 03, 2013
We've made a commitment to cover the Africa meme regularly because no one else in the alternative media is focusing on it clearly and because it illustrates how dominant social themes work in the modern era. In both Japan and China, the West obviously made deal ...
Iraq Collapse Shows Bankruptcy of Interventionism
June 03, 2013
May was Iraq's deadliest month in nearly five years, with more than 1,000 dead – both civilians and security personnel – in a rash of bombings, shootings and other violence. As we read each day of new horrors in Iraq, it becomes more obvious that the US inv ...
Thomas DiLorenzo: More on the Myth of Lincoln, Secession and the 'Civil War'
June 02, 2013
The Daily Bell is pleased to present this exclusive interview with Thomas DiLorenzo. Here's a snippet. Daily Bell: Put Lincoln in context. Why is continued mythology so important to the current power structure of the Anglosphere? Thomas DiLorenzo: The state can ...
What Side Are You On as the West Declines?
June 01, 2013
AlterNet has posted an article reporting on Census Bureau numbers showing that one out of six Americans lives in poverty. This once again confirms our message here at The Daily Bell since inception, and even before in other forums, that the current central bank ...
The Great Reflation
June 01, 2013
This week economists, investors and politicians were treated to some of the "best" home price data since the frothy days of 2006 when home loans were given out like cotton candy and condo flipping was a national pastime. The Case-Shiller 20 City Composite Home ...
Can Central Banks Really Keep Interest Rates Down?
June 01, 2013
"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." ~ Henry Ford Ben Bernanke, Mario Draghi and Shinzo Abe are the modern-day heroes. They ...
EU Diminishes Austerity: Is It a Trend Yet?
May 31, 2013
Again we note a shifting of the EU conversation. The implacable authoritarian rigor of the Eurocrats is moderating, and we believe it is because the EU economy is in such wretched shape that its leaders fear outright rebellion. This was mentioned by German offi ...
EU Unemployment as Directed History?
May 31, 2013
In today's lead article we commented that top Eurocrats were backing away from the harshest measures of "austerity" – higher taxes and regulations, lower benefits and services – for fear of stoking a revolutionary trend among Europe's Southern PIGS. This is ...
Fed Evinces Tracking Unease
May 31, 2013
Just like the top Eurocrats at the EU, Federal Reserve bankers are compulsively taking the pulse of the US economy and its people. There is a worry here, just as there is across the pond, that people have been pushed too far, that confidence in regulatory democ ...
China's Big Bet: Authoritarianism Versus Economic Freedom
May 31, 2013
We recently wrote an article on the emergent freedom gambit of the ChiComs and how it was really a gamble of some desperation. You can read our article here: Elite Retreat: Now Chinese Leaders Plot a Freedom Reformation! It is a gamble because the Chinese econo ...
The Smoke of ZIRP and the Mirrors of QE…
May 31, 2013
The front pages of yesterday's newspapers were full of good news. A strong rebound in real estate prices, they said, meant a full recovery was in the bag. From Reuters: Home prices accelerated by the most in nearly seven years in March as the spring buying seas ...
Why Disinformation Works
May 31, 2013
Have you ever wondered how the government's misinformation gains traction? What I have noticed is that whenever a stunning episode occurs, such as 9/11 or the Boston Marathon bombing, most everyone whether on the right or left goes along with the government's e ...
Directing the Dollar's Demise
May 30, 2013
Read this article, (which was published several months ago but allows us to make a timely point), and you are perhaps reminded of Bill Murray's "Groundhog Day," where everything is always new again even though a single day repeats itself in a closed loop.In thi ...
Central Bankers: Debase to Create
May 30, 2013
This article is a companion piece to our lead story this issue (see above) and provides more evidence that one needs to look at patterns and promotions rather than taking pronouncements at face value when it comes to world affairs. Of course, the article (excer ...
Bob Dole Doesn't Recognize the Republican Party … Good!
May 30, 2013
Unlike Bob Dole, bless his patriotic heart, we are not upset at the spectacle of a dysfunctional US Congress. In fact, we would humbly suggest that the less Congress does the more functional it becomes. In the meantime, we'll settle for good old gridlock. Dole ...
Wanted: African Billionaires … And the Meme Proceeds
May 30, 2013
If you read The Daily Bell you know we've written a lot about the coming African Miracle. Just search for Daily Bell and "Africa" or "African Miracle." We were fairly sure of our analysis but articles like this in Bloomberg tend to confirm our suspicious. Afric ...
Understanding Gold Market Dynamics
May 30, 2013
To an extent that reveals a thorough misunderstanding of the market forces, the financial media has failed to consider the different motivations and beliefs that drive the different types of investors who are active in the gold market. By treating the gold mark ...
The Red Button
May 30, 2013
This week's Solari Story from Catherine Austin Fitts is titled "The Red Button." Here's a bit of the transcript: "The moral of the story is: Never have an epiphany in the middle of a speech. "I had been asked by a friend to speak to a group called Spiritual Fro ...
US Recovery Bets Big on Technocratic Efficiency
May 29, 2013
We don't see a recovery is taking place even though house prices are going up in the US and the stock market is scaling the skies. What's happening is that the central bank has printed money and debased the currency. First you get a wealth effect and then come ...
France And Germany: Test Case for Leadership?
May 29, 2013
There are various ways to interpret this curious article, but probably three are the most significant. First of all, we believe it is an inaccurate assessment of the situation in Germany. We believe more Germans are dissatisfied with the EU and the euro than th ...
Europe's Leaders Fear Revolution
May 29, 2013
The obsessive nervousness with which the Eurocratic elites track the mood of the EU's battered middles classes is captured once again by this article. Far from being sanguine and confident, those at the top of this wretched experiment are jittery and fearful of ...
Gold Versus the State?
May 29, 2013
Here is an article that lays out fully the dominant social themes of the modern era. The basic globalist vision employs nation-states as a template for manipulating citizens. Citizens, on the other hand, (more and more as the Internet Reformation expands) push ...
The Case for Freedom and Free Markets in the Writings of Ludwig von Mises, F.A. Hayek and Ayn Rand
May 29, 2013
Three names are widely associated with the cause of human freedom and economic liberty in the 20th century: Friedrich A. Hayek, Ludwig von Mises and Ayn Rand. Indeed, it can be argued that Hayek's The Road to Serfdom (1944) and The Constitution of Liberty (1960 ...
My 'I Told You So' World
May 29, 2013
All of us who have long concluded that big government - which is to say, government with wide, nearly unlimited scope of power over the population it is supposed to serve - is a menace, no better than a gang of embezzlers and extortionists, can shout out "I tol ...
Japan's Turbulence a Glitch in Globalist Plans?
May 28, 2013
Japan's market turbulence may only be a glitch in a larger globalist plan to even out countries and currencies preparatory to installing a global currency. We need to look at the very largest picture to understand what may be going on. So let's try. Coincidenta ...
Brazil's Turn to Bolster African Meme
May 28, 2013
We've written a lot of articles on the African meme now. But it is one gift that keeps on giving. So many articles from the usual suspects – especially The Economist and Reuters – provide us with insights about this expanding dominant social theme. We've tr ...
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