EDITORIAL Showing 5251 - 1 of 1
On Indefinite Detention: The Tyranny Continues
May 22, 2012
The bad news from last week's passage of the 2013 National Defense Authorization Act is that Americans can still be arrested on US soil and detained indefinitely without trial. Some of my colleagues would like us to believe that they fixed last year's infamous ...
Internet Reformation Is EU Reality?
May 21, 2012
Someone in the mainstream press has finally written the evident and obvious truth about the Eurozone: Angela Merkel does not have it in her power simply to declare a new pan-European empire. For this clear – clarion-like – truth, we thank Janet Daley. As pa ...
Unfolding Authoritarianism and the Afghan Setback
May 21, 2012
For years now, we've tracked the expanding authoritarianism of the West – and in the process been subject to various labels. But lately, we have to think that our worldview doesn't look so very extreme. (Cold comfort, that.) Just in the US (never mind Europe) ...
Revisiting the Responsibility of Business Managers
May 21, 2012
People buy stocks, shares in a firm, mainly so as to delegate to the officers the job of securing for them economic prosperity. What else did all the folks who purchased the IPOs of Facebook want? (There is, of course, much more to living a successful human lif ...
Robin Koerner on Blue Republicans and Why Ron Paul Remains the Hope for the US's Future
May 20, 2012
The Daily Bell is pleased to present this exclusive interview with Robin Koerner. Introduction: Robin Koerner is an influential political journalist who coined the term "Blue Republican." He also runs WatchingAmerica.com, a volunteer force some 400 strong that ...
If the Euro Ends, So Will the World as We Know It?
May 19, 2012
Robert Chote, the head of the Office of Budget Responsibility for the British Tory regime, claims the "British economy may never quite recover from a severe Euro collapse." According to a UK Telegraph article, "Britain's economy may suffer 'permanent' damage an ...
Facebook IPO Is Bubble Redux?
May 18, 2012
Frankly, we've been surprised by the lack of articles doubting Facebook's US$ 100 billion valuation. This article in the Washington Times, written yesterday, is about the closest we could come, recently, in the mainstream media. We've been frank about our perce ...
The Greek Default Was a Scam All Along?
May 18, 2012
Ambrose Evans-Pritchard, with some of the best sources in the world, has buried his lead once again. Just look at the excerpt from his latest article, above. The headline is that there will be a global rally. We figure this is a pretty good speculation. He was ...
A Leftist Shall Save Them … Not
May 17, 2012
Karl Marx had a simple answer for life's problems: Give it to the government, and once the government and once the government "owned all" it would whither away and the "people" would come into power via perfection of (his) punditry. What's most funny about this ...
US To Tax Everyone, Everywhere, All the Time?
May 17, 2012
You would think with all the economic chaos swirling about that those who make the laws and levy taxes would be somewhat apologetic. Not Senator Chuck Schumer, though. He wants to make it illegal for a US citizen to take advantage of the tax laws of other count ...
Another Victory for World Justice
May 17, 2012
In a long-ago article, "World Justice Meme Emerges," we reported on Charles Taylor and the devious way he had ended up on trial. This power elite, apparently, that wants to run the world has seemingly been struggling to erect a world court. As usual, the strate ...
A Potpourri of Issues, Minor and Not So Much
May 17, 2012
Justice Kennedy's observation that the mandate changes the relationship between government and the individual is doubtful since there really are quite a lot of actions that citizens are forced to take, like it or not. Jury duty, for one; sending one's kids to s ...
Merkel Admits the Entire EU Is Nothing But a Large Promotion
May 16, 2012
German Chancellor Angela Merkel has just made an astounding statement. In a press conference with new president Francoise Hollande, she said, "People who have a common currency will never fight a war against each other." For a person at the heights of power to ...
Time Magazine: Fed is Responsible for the JPMorgan Blow Up …
May 16, 2012
Another limited hangout from a mainstream publication. In this case, Time magazine. This is how the game works. One never calls for the end of central banking – only for central bankers to DO BETTER. And here we go again. Time magazine (business) is out with ...
Greece: Dump the EU Now For An Economic Recovery!
May 16, 2012
"Attempts to form a government in Greece collapsed on Tuesday, jolting financial markets at the prospect leftists opposed to the terms of an EU bailout could sweep to victory in a June election and nudge the euro zone crisis into a dangerous new phase." – CNB ...
Mastering Happiness is Mastering Life
May 16, 2012
I study, speak about and write about happiness. I do this all the time. It's my life's work. I coach people to help them to live a happier life and I teach groups of people how to do the same. But this is not, objectively, a happy time. We are weaker as a count ...
Oh, the Horror! Greek Gov Collapses
May 15, 2012
So the Greek government has collapsed ... again. Reuters (above) makes it sound like a national tragedy. But maybe we are missing something here. Didn't the Greek government cause the current problems? Excuse us if we're wrong but isn't the problem well known? ...
Is Ron Paul Dead Yet, Dorothy? Drop a House on Him …
May 15, 2012
Has libertarian Congressman Ron Paul really dropped out of the GOP race? Is it really the end? Seems hard to think so. But the media will have its day. There's no way not to say, "I won't compete," and thus for a goodly time the bought-and-paid for mainstream m ...
The Fed: Mend It or End It?
May 15, 2012
Last week I held a hearing to examine the various proposals that have been put forth both to mend and to end the Fed. The purpose was to spur a vigorous and long-lasting discussion about the Fed's problems, hopefully leading to concrete actions to rein in the F ...
Drop the Cash From Helicopters!
May 14, 2012
Ambrose Evans-Pritchard has gotten to the heart of the matter in a recent article on monetary contraction (see above). He rightly points out that less money is circulating but then comes quickly to a Keynesian conclusion that more money will provide the antidot ...
Thank Goodness for Regulation
May 14, 2012
Paul Krugman is out with another weary defense of massive financial regulation. The US Leviathan is in the process of strip-searching seniors and infants at airports for reasons it cannot aggregately define, but Krugman is still a true believer. Actually, of co ...
JPMorgan Has Lost US$ 2 Billion, Now It's Time for the Volcker Rule
May 14, 2012
Even the 'Net alternative media seems attracted by this "rule" that the former Federal Reserve Chairman is flogging. But we can't help recall that virtually all his life Volcker has been a right-hand man to the Rockefeller dynasty. There's some irony here, yes? ...
Revisiting a Confusion About Basic Rights
May 14, 2012
In his book Basic Rights (Princeton, 1970), Henry Shue argued that there is no valid distinction between negative and positive rights; his argument has recently resurfaced among so-called left-libertarians (otherwise also known as bleeding heart libertarians), ...
Thomas H. Naylor on Leviathan, Secession and Vermont's Small Nation Dream
May 13, 2012
The Daily Bell is pleased to present this exclusive interview with Thomas H. Naylor. Introduction: Thomas H. Naylor, Professor Emeritus of Economics at Duke University, is a writer and a political activist who has taught at Middlebury College and the University ...
Treasuries and Derivatives Blow Up? So Where Do You Go …
May 12, 2012
Here's some interesting news along the lines of "man bites dog." According to a recent Reuters article, US financial advisors are actually growing leery of US Treasury bonds. This is almost unheard of and one could certainly make a case that it is a sign of mos ...
S&P's 'Wall of Debt' Warning is Phony as They Come
May 11, 2012
As the power elite that wants to run the world grows more crazed and desperate, their bought-and-paid-for financial facilities and media mouthpieces become crazier, too. That's because the credit system itself is an artificial system, built out of central banki ...
Now Cometh the Eurozone 'Recession' …
May 11, 2012
If the Eurozone is not to be condensed and held, then by God, let loose the hounds of Hell. That would seem to be the next step in the European Union saga. There was, of course, never any real need for such a union. From what we can tell both World Wars One and ...
The Euro Is Finished? And What Comes Next? …
May 11, 2012
The power elite that we cover as part of our brief to understand the Way the World Really Works focuses apparently on the goal of world government. It follows many paths to get there. One path it follows is of ever-increasing centralization. The power elite has ...
Desperate Argentina Now Seen Begging for Oil Investment
May 10, 2012
Are Argentina's top officials having second thoughts about their expropriation of Spain's Argentine oil-producer? It would seem that way from the above news report via Merco Press. If the move was as wildly destructive as people think it may have been, then thi ...
Italian Voters Reject Austerity, Too
May 10, 2012
The powers-that-be run the world's mainstream media and they are now spending a great deal of time reporting on the end of austerity in the EU. Greece, Italy, Spain and even France have now rejected the concept that higher taxes, government trimming and a lower ...
US Car Sales Are Up – Is the Recession Really Over?
May 10, 2012
So sales of American cars are going up. That's great. But we still end up feeling like there's a great big promotion going on. It's what we call a dominant social theme aimed, perhaps, at reelecting Barack Obama who seems to be the chose candidate of Western po ...
Biggest Question: Will Germany Adjust or Will Euro Die?
May 09, 2012
Our favorite mainstream economic reporter, Ambrose Evans-Pritchard, is out with a good analysis of the current, brewing dissolution of the euro and the EU (see above). It touches on a point that we want to make much more forcefully: What happens to the euro and ...
Catch These Corporate Bribers and Put Them in Jail
May 09, 2012
There is a manufactured "surface" conversation in this world and then there is reality. The reality is that a secretive power elite has taken over the West, seeks to rule the world and uses mercantilism to achieve its objectives. Mercantilism is the usage of go ...
Directed History of Coming Depression Grinds On
May 09, 2012
We've been banging on about a worldwide slump for years now, ever since it occurred to us that once Europe and the US "went out" in 2008, from an economic standpoint, the BRICs were all that was left. And the BRICs are more like the proverbial straw hut these d ...
Resilience and Success
May 09, 2012
A happy, successful life does more than make you feel good. It also serves to strengthen you, and to open your mind to options and opportunities that you would otherwise not see. In difficult times, this can make the difference between living in fear and flouri ...
Ron Paul: Energizer Bunny of US Politics for Good Reason
May 08, 2012
Ron Paul, libertarian-conservative candidate for US president just won't quit. In fact, he keeps grabbing delegates and is threatening to deprive putative GOP nominee Mitt Romney of a first-round nomination. Now he is holding a hearing today on the US Federal R ...
Face of US$ 100 Billion … Facebook Specialty Is Pilfering Client Data, While Instagram Is a Craft Package?
May 08, 2012
We've been clear about our disbelief regarding Facebook and its US$ 90 billion valuation, which is apparently about to go up to US$ 100 billion or so based on the company's acquisition of Instagram, a photo-fiddling utility. You can see an article here: "Facebo ...
UN Claims Sub-Saharan Africa Faces Dramatic Crisis as New Nation State Is Formed
May 08, 2012
The power elite is supporting a new nation in sub-Saharan Africa. Actually, the French and European Union are said to be against the new country that will basically take the place of parts of Mali and surrounding countries – aimed at Libya and the Arab world ...
Enduring Commitments Abroad
May 08, 2012
Last week President Obama made a surprise pre-dawn trip to Afghanistan to mark the one year anniversary of the killing of Osama bin Laden and to sign a document further extending the US presence in that country. The president said, "We're building an enduring p ...
Is RBC the New Business Cycle?
May 07, 2012
Megan McArdle is out with an interesting rumination about the business cycle. It's not merely a theoretical examination, however. Who is she? From The Atlantic: "Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has ...
EU Bust as Internet Reformation Rolls On …
May 07, 2012
Here at the Daily Bell one of the things we are (modestly) known for is our perspective that the Internet and the information it distributes would have a huge impact on Western government and the one-world global elite conspiracy, which thrived under the cover ...
The Face of Egalitarianism
May 07, 2012
A few weeks ago they ran the famous Oxford v. Cambridge rowing race on the Thames but a fanatical egalitarian, Mr. Trenton Oldfield from Australia, ruined it for everyone by jumping in the river and blocking the race in the name of resisting the elitism of rowi ...
Mish Shedlock on the Rise of Money Metals, the Fall of the West … and Why Credit Matters
May 06, 2012
The Daily Bell is pleased to present this exclusive interview with Mish Shedlock. Introduction: Mike "Mish" Shedlock blogs at Mish's Global Economic Trend Analysis, for which he has won awards from the New York Times, Time Magazine, Bloomberg, CNBC and Strategi ...
'Civilized People Don't Buy Gold'
May 05, 2012
"Civilized people don't buy gold," Munger told CNBC yesterday in an exclusive "sit down" interview. It wasn't some off-the-cuff remark, either, as he went on to remind us that "gold is only useful if you're a Jewish family in Vienna in 1939" and "sewing it" int ...
Selective Doubt at the Milken Money Conference
May 04, 2012
Michael Milken was a Wall Street legend in the 1980s when he made junk bonds into a form of popular financing. He was the black knight on a white horse, teaching Wall Street and Main Street moguls that the market itself would revalue their portfolios efficientl ...
Bank of England Draws Lessons From the Idiocy of the 2000s
May 04, 2012
So the wheel keeps on turning, even after it has delinked from the axle. Monopoly-fiat central banking is not so arcane as it used to be: It's price fixing and it doesn't work. Mervyn King can "draw all the lessons" he wants from the unrolling crisis but it rea ...
The Volcker Rule Advances
May 04, 2012
Here it comes. Another elite dominant social theme designed to support the idea that wise regulation can make a big and positive difference in the world. This is surely a promotion – as regulation can make things worse but rarely better. Regulation is a price ...
Rich Bashing Is Unjust and Vicious
May 04, 2012
The casual manner in which President Obama proposes that various progressive tax measures be implemented against the so-called rich – ones who earn more than two million a year – is indicative of just how deep-seated and widespread is the prejudice against ...
The Physical Case for Happiness
May 04, 2012
We are all familiar with the basic guidelines for good health: exercise, eat right - more fruits and veggies, less red meat, more fish, fewer calories, more fiber, less sugar, don't smoke, don't abuse alcohol or drugs. If people would follow these guidelines an ...
The Obama Recovery Persists At Least Until After the Election … and Then Watch Out!
May 02, 2012
Just in time for Barack Obama's re-election, as we've pointed out previously, the entire American economy is taking a tremendous uptick. We know this is so because we read about it in the mainstream media. It actually appears to us to be part of a larger elite ...
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