STAFF NEWS & ANALYSIS Showing 5201 - 1 of 1
Directed History of Syrian War?
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 ...
John Maynard Keynes: A Vision for the Future or a Ghost from the Past?
June 08, 2012
The current economic crisis that has engulfed the United States and much of the rest of the world over the last few years, has seen a dramatic revival in the economic ideas and policy prescriptions of the most famous British economist of the 20th century, John ...
The Madness of Market Euphoria
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 ...
The JOBS Act at FreedomFest: Jump-Starting Wealth?
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 ...
Did '96 Bill Force People to Work?
June 07, 2012
As The New York Times would put it, when in 1996 "President Bill Clinton delivered on his pledge to 'end welfare as we know it'...he signed into law a bill forcing recipients to work and imposing a five-year limit on cash assistance." Back then this supposedly ...
Wisdom of Regulators? … Systemic Risk Group Formed to Supervise Wall Street
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 ...
The False Boom of the Olympics
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 ...
Life Lived in the Active Voice
June 06, 2012
If you are a writer and you want to write boring passages that are meaningless to your readers, the best way to go about this is to write in the passive voice: sentences with no clear actor, actions with ambiguous authors. "The car ran off the road." "The food ...
G7 Is Concerned About Euro Collapse … Sure They Are!
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 ...
Merkel Meets the World – Eye-to-Eye – and the World Demands a Political Union
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 ...
New Book: Solar Cells 23,000 Times Worse for Environment Than Carbon Dioxide
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 ...
War Drums for Syria?
June 05, 2012
War drums are beating again in Washington. This time Syria is in the crosshairs after a massacre there last week left more than 100 dead. As might be expected from an administration with an announced policy of "regime change" in Syria, the reaction was to blame ...
Oh, EU … Grow the Money Supply! (And Enshrine the Current Distortion Forever)
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 ...
Kill These Companies … but Leave the Banks Alone
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 ...
Merkel and Her Crew: Only More Union Will Do
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 ...
Here Come the Car Robots …
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 ...
Seattle, America's Europe?
June 04, 2012
On a recent trip to Seattle, which I visit on and off quite a lot, I found the place to have just the kind of feel I have experienced in Stockholm and Oslo and in cities, big and small, throughout Austria and Switzerland. The main places in the city are very cl ...
Tibor Machan on Freedom, the US Economy, Business and President Obama's Growing Market Prejudice
June 03, 2012
The editors of The Daily Bell are pleased to present another interview with well-known libertarian philosopher Tibor R. Machan (left). Introduction: Tibor Machan is currently Professor Emeritus, Department of Philosophy, Auburn University, Alabama, and holds th ...
Bloomberg's Slippery Slope
June 02, 2012
New York City Mayor Michael Bloomberg is at it again. Not content with attacking cigarette smokers and "transfats," he's now making it impossible for people to order large-size sugary sodas. If people want to drink lots of sugary soda, they'll have to purchase ...
Springsteen Unsprung …
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 ...
New Study: Numerical and Science Literacy Cause Climate Change Skepticism
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 ...
12-Year Old 'Viral Video' Money-Reformer Supports Hyperinflation?
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 ...
Syria Civil War Warned by Ms. Hillary Clinton
May 31, 2012
US Secretary of State Hillary Clinton has made the point (see above) that the conflict in Syria could lead to civil war. But, in fact, the "conflict" is likely American-made and has all the hallmarks of a previous venture in Libya that saw the end of Muammar Ga ...
Sandel's Distortions
May 31, 2012
Some people lie without any hesitation. To bring lies to print, however, you need more than liars – you need editors who want the lies to circulate, good and hard. Harvard University political theorist Michael J. Sandel is well known as a critic of the Americ ...
Europe's Banks Run Out of Money … Again
May 30, 2012
The Telegraph's Ambrose Evans-Pritchard along with others is sounding the alarm today over a European bank balance-sheet collapse (see above). "Today's spike in Italian yields shows that they are running out of LTRO money to keep the game," he writes. "Spanish ...
Merk Sees Easing Around the World, to Benefit of Currencies and Commodities
May 30, 2012
For many people this is a terrible time but for those with the wherewithal to invest their funds or the funds of others, the current environment offers many opportunities. Volatility is the trader's friend. And, man, things are volatile out there. We just recei ...
Rockefellers and Rothschilds Unite
May 30, 2012
This is not a joke, though if it were April 1 or if it had appeared somewhere other than the Financial Times we might have been most skeptical. It is actually a most disturbing announcement. It seems to indicate to us that what we call dominant social them ...
Capital Controls Have No Place in a Free Society
May 30, 2012
The characteristic mark of a tyrannical regime is that it eventually finds it necessary to erect walls to keep people from leaving. This is why we should be troubled by the "Ex-PATRIOT Act," an egregiously offensive bill recently introduced in the Senate. Follo ...
Psychiatry's Hammer
May 30, 2012
You know the adage: When the only tool you have is a hammer, everything looks like a nail. Psychiatry has one big hammer, psychiatric medications, with which to address a nail: psychological disorders. Without a public that believes in and accepts the use of th ...
Fascism of Vietnam's 'Modern' Finance Is Just Like the West's …
May 29, 2012
We at the Daily Bell are old enough to remember the rigid Marxism espoused by Vietnam and the fear espoused by America's top politicos that it would eventually be visited on the West. If we don't stop them there, politicians intoned, we'll have to stop them her ...
Italian 'Anarchists' Target Olympics – Do We Believe It?
May 29, 2012
Who believes in the 21st century that an independent group of shadowy "anarchists" has "targeted" the Olympics? Hollywood, get us rewind! The elites keep recycling the same strategies over and over again, as if they haven't been amply exposed. This latest gambi ...
Economist Mag: Cook the European Union Slowly Via This Phony Crisis
May 28, 2012
Europe is discovering federalism. As we've long argued on these pages now, the "crisis" of Europe stands revealed increasingly as a phony one, a ginned-up ongoing emergency that is designed to provoke maximum centralization. The crisis began as one that saw Sou ...
Child Porn Seen on Kim Dotcom's Servers
May 28, 2012
Is the power elite prosecuting Kim Dotcom getting increasingly desperate? Now the child pornography smear is being rolled out. It was predictable enough. The powers-that-be are struggling with what we call the Internet Reformation. And just as they did after th ...
Bilderberg Reporting Hits Matt Drudge, Reaches Millions
May 28, 2012
The Drudge Report, which can reach tens of millions of viewers in a single day, has posted an article from RT about the mysterious and secretive Bilderberger group (see above). Ten years ago, knowledge of the Bilderbergers was restricted to a tiny group of "con ...
Krugman's Apologetic for Government Regulation
May 28, 2012
Paul Krugman, not unpredictably, once again (in The New York Times, Monday, May 14, 2012) went to bat to hit a home run for government regulation of, well, everyone (except the members of his own profession, namely, eggheads). His piece is titled "Why We Regula ...
Mike Sparks on 'Why James Bond Is Real'
May 27, 2012
The Daily Bell is pleased to present this exclusive interview with Mike Sparks. Introduction: Mike Sparks is a former Infantry NCO and 1LT officer; he is the Director of the 1st Tactical Studies Group (Airborne), a non-profit think-tank and action group for mil ...
As Commandos Raid Tampa, US State Dept Demands Power to Declare War?
May 26, 2012
It happened again at the recent Tampa-based conference, "Building the Global SOF Partnership" ... The US military staged a mock drill in violation of 130+ years of the Posse Comitatus Act that bars domestic forces from active use on US soil. It wasn't just the ...
Can Regulators Do the Job of Markets?
May 25, 2012
The Wall Street Journal has an interesting post today on the struggle of regulators to obtain tools that will allow them to analyze the risks that the market faces. Is there really a tool or tools (and resources) that will allow regulators to anticipate market ...
100 Million Americans Out of Work – This is a Recovery?
May 25, 2012
There are 300 million people in America including 230 million-plus adults, according to US Census figures. This article, above, informs us that only 130 million Americans have jobs as traditionally defined in the 20th and 21st century. The statistics actually c ...
Supreme Court Is OK with US$ 675,000 Copyright Fine for 30 Songs
May 25, 2012
So now Joel Tenenbaum owes US$ 675,000 for downloading 30 songs. One can argue that those who believe they are wronged by Tenenbaum ought to pursue him and others. But let them do it with their own resources. This is a fundamental prerogative of private justice ...
Adversity and Excellence
May 25, 2012
Nobody wants adversity. It is, after all, adverse – antagonistic to what you want. But adversity is also often what makes us who we are, in the best sense. My first year playing water polo at UC Santa Barbara was one of those times for me. I thought for some ...
Super Rompuy to the Rescue?
May 24, 2012
The EU is like a vast, slow motion car wreck. It's hard to keep your eyes off it. While the outcome is by no means certain, we continually note the yelps for one solution ... to cement the union by making it "closer." This is a code word for buttressing the cur ...
The Big Issue Facing the US Is Bain Capital
May 24, 2012
There are many problems the US is facing. It likely is not a stable country anymore. It is facing in aggregate a debt of some US$ 200 trillion. This is unpayable. Still, the US staggers on, becoming less free every day. There are probably 100 separate federal i ...
Business Versus Business
May 24, 2012
One of Karl Marx's less notable mistakes was his belief that people in the world of business would promote their self-interest. If by self-interest we include, as I believe we ought to, the most rational social-political principles in support of a sound human i ...
Now Greece Goes? Bad Decade for Elite Memes
May 23, 2012
The top elites that apparently want to run the world are not having a very good year, or even a very good decade. What we call the Internet Reformation has taken its toll ... in a big way. We try to keep track of this unacknowledged war because it is the CRUX I ...
National Geographic: We Need More Carbon Capture!
May 23, 2012
Imagine sucking an invisible gas from the sky and storing it underground at great expense. Sounds insane? Welcome to "carbon capture." With a straight face (in aggregate) National Geographic's editors have just come out with an article alternately expressing su ...
Choosing the Golden Rule
May 23, 2012
There are several qualities that define our humanity. Today I want to talk about two of them: our capacity for conscious empathy and our ability to consciously redirect our emotional impulses. You have a choice of whether and how you will use these. Empathy is ...
Facebook Fiasco
May 22, 2012
Facebook's stock price is down something like 20 percent from the IPO price and the damage control is being done two ways. First, the downward spiral is being treated as business-as-usual. Second, it's being treated as part of a larger upward ascension. We don' ...
The Financial Transactions Tax Rolls On
May 22, 2012
Another disastrous tax may be on the way, delivered to long-suffering Europeans by their Brussels representatives. Tomorrow, apparently, the European Parliament shall vote on a Financial Transaction Tax (FTA). Oh, no! We've written about this horrible tax befor ...
Printer Plans for Greek Drachma
May 22, 2012
Here's an interesting article, one telling us that one of the world's largest private printers of currency is ready to print Greek drachmas. Anyone who follows the financial news is well aware that Greeks may soon be forced to re-adopt the drachma and give up t ...
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