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Liberty: Both Radical & Traditional
September 10, 2011
At times libertarian or classical liberal – or, in yet other words, pure laissez faire capitalist – ideas are dismissed as part of a misguided modernity that's lacking proper pedigree. But this is all wrong. Already back in circa 600 B.C.E. the Chinese sage ...
Fitch May Downgrade China and Japan: Worldwide Depression Draws Closer
September 09, 2011
It used to be easier to believe in ratings agencies but since the world's greatest companies almost went out of business in 2008 it is more difficult. Now Fitch is once again sounding the alarm on China and Japan but cynics might suggest it is too little too la ...
The Disease of Central Banking
September 09, 2011
What do modern economists suggest when the going gets tough? OECD chief economist Pier Carlo Padoan told the Associated Press that with the world facing another "recession," it was time loosen the central bank purse-strings. According to the article, he said th ...
Publishing Welcomes Another Digital Media Savior
September 09, 2011
For perhaps a decade, we've been pointing out that the Internet has disrupted the business-as-usual of the Anglosphere elites and considerably reduced the effect and efficacy of Money Power. We also predicted that the Internet would reduce the value of some 20t ...
DB Briefs: Is Solyndra the End of Obama? / The Sky Is Falling / Women Are Better
September 09, 2011
Staff Reports: Is Solyndra the End of Obama? The Sky Is Falling. Women Are Better. ...
Obama's Keynesian Superstition
September 09, 2011
President Obama gave a speech on Thursday afternoon announcing the American Job Creation Act. There were numerous points that were open to criticism but before dealing with a few, it is important to state what creates jobs: Jobs are created when people who have ...
German Court Makes EU Survival More Difficult
September 08, 2011
As expected, the German constitutional court ruled yesterday that Chancellor Angela Merkel's bailouts of Europe were constitutional but that a Parliamentary subcommittee needs to approve Merkel's moves in the future. The Treaty clearly states such bailouts are ...
Is the EU Nazi Inspired?
September 08, 2011
It is fashionable in certain places to blame what has happened to America and Europe on Germany and the Nazis, but we didn't expect to see this meme presented at the Alex Jones sites, Infowars, et al. Paul Joseph Watson, who has written many good and brave arti ...
Helping People Versus Fixing People
September 08, 2011
People on the left talk incessantly about helping people, but it is not helping people that they are interested in; they are interested in fixing people. That profound difference defines the conflict between the visions of classical liberalism and progressive c ...
DB Briefs: Phony Depression Brought by Elites / End of Free Speech as the West Knows It / FBI Anthrax Cover UP?
September 08, 2011
Staff Reports: Phony Depression Brought by Elites. End of Free Speech as the West Knows It. FBI Anthrax Cover UP? Mark Steyn Josef Ackermann Daniel Hannan Robert Mueller Amerithrax Task Force Timothy McVeigh Liberty Dollars Central Banks National Review ...
Swiss Government Ruins Franc
September 07, 2011
Switzerland is one of those rare European countries that are doing relatively well in a time of international economic crisis. But doing well is not something that can be tolerated in the "new" Europe. The Swiss have come under enormous pressure on a variety of ...
Europe, CNN Pressure US to Reveal Rendition Program
September 07, 2011
It is interesting that Europeans and US media as well are suddenly demanding a narrative of CIA renditions. At the very least, it gives the idea that these programs are finished, when in fact, they have expanded in scope until they take in much of the so-called ...
DB Briefs: Kotlikoff on NPR Hits US$211 TRILLION Debt / US Gov, Incensed by Wall Street Corruption, Attacks Wall Street / Iraq War – Declare Victory and Leave?
September 07, 2011
Staff Reports: Kotlikoff on NPR Hits US US$211 TRILLION Debt. US Government Incensed by Wall Street Corruption, Attacks Wall Street. Iraq War – Declare Victory and Leave? ...
Job Killer in Chief
September 07, 2011
Many on Wall Street were stunned by the big fat zero put up by the August jobs report, the worst showing in 11 months. The data convinced many previously optimistic economists that the United States will slip back into recession. I believe that we have been in ...
Moral Responsibility and the Poor
September 07, 2011
Two central dogmas of contemporary liberalism are that the rich are to be blamed for all our ills and that in the end all people are the same and no one is more or less worthy than anyone else. Blaming those who are not so well off as others is unjust because t ...
Schroeder Writhes as EU Waits for German Court to Decide Fate
September 06, 2011
Presumably Gerhard Schroeder couldn't stand it anymore. The corrupt and failing European Union, which has not delivered on a single promise made by its founders and enablers, is in serious trouble and Schroeder was ready to move ahead with a long-planned script ...
DB Briefs: Rick Perry Exposed as a Globalist / Chinese and US Officials Have Unusually Close Relationship / Cameron Wants Rendition Inquiry
September 06, 2011
Staff Reports: Rick Perry Exposed as a Globalist.Chinese and US Officials Have Unusually Close Relationship. Cameron Wants Rendition Inquiry. ...
We're From the Government. We're Here to Help.
September 06, 2011
In the wake of hurricane Irene, the Federal Emergency Management Agency is expected to come hat in hands asking for more money from Congress. Like the rest of the government, it is broke. It has been suggested that any additional funds allocated to FEMA should ...
140 Years of Silver Volatility
September 06, 2011
Gold at $1900 and silver at $45 gives you a gold/silver price ratio of 46. This suggests that, in spite of the fast appreciation of silver for the past year, it has to keep appreciating faster still in the future to meet the target ratio of 16 to 1. Let's accep ...
Corruption of India's Economic Miracle?
September 05, 2011
More and more is being written about the anti-Indian corruption movement, which is led in part by Anna Hazare (see above article excerpt). We've commented on this movement in the past, which is gathering momentum in India and may in fact partake of the austerit ...
DB Briefs: German Court Set to Trip Up EU? / China's Leaders Attempt to Gag Internet, but Problems are Fundamental/ Atlantic Questions Work Habits of US Leaders
September 05, 2011
Staff Reports: German Court Set to Trip Up EU? China's Leaders Attempt to Gag Internet, but Problems are Fundamental. Atlantic Questions Work Habits of US Leaders. ...
Doug Casey on the Continuance of the Greater Depression and the Brighter Prospects for Gold
September 04, 2011
The Daily Bell is pleased to present an exclusive interview with Doug Casey. Introduction: Doug Casey has appeared on hundreds of radio and TV shows, and has been the subject of articles in People, US, Time, Forbes, The Washington Post and numerous other public ...
Corporations, Mining Stocks and Speculation
September 03, 2011
Congressman Ron Paul (R-Tex) has had a good deal to say recently about corporations and corporatism. He detailed his views most recently on an Alex Jones radio program and the points he made, especially about the lack of corporate accountability, are important ...
US Investors – Seeking Alternatives – Shoot Themselves in the Foot
September 02, 2011
This would be funny if it weren't so sad. The economic crisis of the past few years has shaken the confidence of middle-class American investors, weaned on dysfunctional investment magazines and TV tout shops; but the result seems to be a clamor for different s ...
DB Briefs: Great Men Run the World, Especially Politicians and Bankers / Greece Is OK Now and Recovering From Its Problems/ FEMA Federal Family
September 02, 2011
Staff Reports: Great Men Run the World, Especially Politicians and Bankers. Greece Is OK Now and Recovering From Its Problems. FEMA Federal Family. ...
The Last Haven Standing
September 02, 2011
The markets are going through another sell-off phase, yet the traditional notions of a 'safe haven' are changing. No longer is the US dollar the default shelter; instead, gold, the Swiss franc and the Japanese yen are the preferred assets. All three of these ha ...
Telegraph Discovers Cancerous Debt Levels
September 01, 2011
Reporter Ambrose Evans-Pritchard has discovered a white paper (see excerpt above) from the Bank for International Settlements that argues debt levels are too high – apparently both privately and publicly. Evans-Pritchard believes easy interest rates are behin ...
DB Briefs: September Looks to Be a Terrible Market Month/ Solar Power to Go the Way of the Dodo?/ Is the Federal Reserve Political?
September 01, 2011
Staff Reports: September Looks to Be a Terrible Market Month. Solar Power to Go the Way of the Dodo? Is the Federal Reserve Political? ...
In Defense of the Right to Assisted Suicide
September 01, 2011
Should aiding suicide be illegal? That is the question which faces legislators who are being urged to repeal statutes which state, basically, "Every person who deliberately aids, or advises, or encourages another to commit suicide is guilty of a felony." I will ...
What Recovery? Undemocratic and Corrupt, the EU Faces Dis-Union
August 31, 2011
This article in the UK Telegraph takes a dim view of the "recovery" that the West is supposed to be enjoying. In fact, it cites a good deal of evidence to show the West's economic situation is about to get even worse. In doing so, it all but predicts the EU it ...
DB Briefs: Undermining Bitcoin and the American Justice System / Desperate Bankers Damp Lending in China / Does a Clean Environment Preempt a Healthy Economy?
August 31, 2011
Staff Reports: Undermining Bitcoin and the American Justice System. Desperate Bankers Damp Lending in China. Does a Clean Environment Preempt a Healthy Economy? ...
Two Simple Secrets to a Great Relationship
August 31, 2011
There are two related things that you can do to make your relationships – not just your marriage, but all of your relationships – happier, stronger and more fun. These are very easy things to do - if you set your mind to it. I always recommend doing all the ...
9/11 and the Banality of Its Evil Narrative
August 30, 2011
Written as is this LA Times article, such articles shall adopt a tone of oracular omnipotence. They shall assume that the directed history of the recent past represents an actual reality when it does no such thing. They shall treat 9/11 as a crux event, turning ...
DB Briefs: Danger of a Deteriorating Social Mood / China's Shifting Economic Sands / Is Bank Recapitalization the Answer?
August 30, 2011
Staff Reports: The Deflationary Hurricane Of Deteriorating Social Mood. China's Shifting Economic Sands. Is Bank Recapitalization the Answer? ...
Mission Accomplished in Libya?
August 30, 2011
Even as a major hurricane hit America's eastern seaboard, the administration is determined to expand the war in Libya while threatening the regime in Syria. Is there any limit to government's appetite to create more problems for our nation and economy? American ...
Intolerable Nudging
August 30, 2011
Champions of government intervention in our lives make every effort, especially in a country with a tradition of libertarian political rhetoric, to disguise that they are embarking upon tyranny. Yes, much of it may be of the petty kind, such as thousands of gov ...
Stop! Put Down the Gold and Walk Away
August 29, 2011
So US-based Financial Industry Regulatory Authority (FINRA) has decided to warn investors about gold and mining stocks. It had to happen. The powers-that-be don't like gold and silver at all. This is a well-established fact and a fundamental dominant social the ...
DB Briefs: EU Hits a German Wall / USA – Food Stamps for All … For Now / Hurricane Irene's Fear-Based Politics Surge to the Fore
August 29, 2011
Staff Reports: EU Hits a German Wall. USA – Food Stamps for All ... For Now. Hurricane Irene's Fear-Based Politics Surge to the Fore. ...
Another Criticism of Animal Rights
August 29, 2011
Though this is a topic that I have visited on several occasions, having recently become an avid fan of the Discovery Channel's series on life in the deep oceans and other seas, I am motivated to observe just how absurd the notion of animal rights really is. Her ...
Bernanke, a Wise Man, Creates Order Out of Chaos…
August 27, 2011
The meme of his ineffable wisdom is established yet again. What the free markets have undone, government can ravel. This is the value of Ben Bernanke, a shill for Money Power. He is trotted out like the proverbial potted plant to make the right statist noises, ...
The Many Collapses of Keynesianism
August 27, 2011
It should be obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end. The combination of outright spending by Congress, the desperate schemes to reflate the housing market, the attempt to transfuse bleedi ...
Media Blackout: US in Yet Another Illegal War … in Yemen
August 26, 2011
How many wars are too many? Unnoticed in the press of larger events and obviously downplayed by the controlled Western media, the US and its allies are pursuing yet ANOTHER aggressive, illegal war – this one in Yemen. How aggressive is it? It is a full-on con ...
DB Briefs: Buffett's Love Affair with Banks? / Greek Fire Sale / China's Central Planning Miracle?
August 26, 2011
Staff Reports: Warren Buffett Invests $5bn in Bank of America. Bailout for Greece Falters Over Demand for Collateral. China's Biggest Banks Post Record First-Half Profits as BofA, RBS Stumble. ...
From Machan's Archives: The Deficit and the Tragedy of the Commons
August 26, 2011
Not unless the treasury stops allowing private projects to be funded from its coffers, confining itself to the support of bona fide public projects – the courts, the military, and police – will there be an end that avoids the perhaps greatest tragedy of the ...
Machine Intelligence – Will AI Become Autonomous?
August 26, 2011
Will AI (Artificial Intelligence) or SAI (Strong AI, a.k.a. Superintelligent AI) someday become autonomous (have free will), and if so how will this affect the Human race? Those interested in sci-fi have already asked themselves these questions a million times ...
DB Briefs: World's Richest Man Buys More NY Times / Secret NYPD CIA Operations Publicized / Europe Secures Libya Oil / Time to Sell Your Gold?
August 25, 2011
Staff Report: Slim Increases His Stake in NY Times. NYPD CIA Anti-Terror Operations Conducted In Secret For Years. France and Partners Prepare New Libya U.N. Resolution. Fools Gold: Some Gold Bulls Say Now's Time to Cash In. ...
There They Go Again
August 25, 2011
Picking up where they left off in 2008, the media is in the midst of a campaign to ignore and undermine the presidential candidacy of Ron Paul (they gave me even rougher treatment during my 2010 Senate run). Political pundits just do not know what to do with a ...
DB Briefs: The Depression Continues / Retribution For S&P Downgrade / Worst Home Sales In 50 Years / The Ron Paul News Blackout Continues
August 24, 2011
Staff Reports: 'Very Muted Growth' Coming for Next 10 Years: Faber. New Home Sales Fall, 2011 Could Be the Worst Year Yet. Head of S&P Rating Agency Steps Down. Obama in Close Race Against Romney, Perry, Bachmann, Paul. ...
Forty Years After the Gold Standard, Investors are Desperately Looking for Safe Havens
August 24, 2011
The US, as was to be expected, raised their debt ceiling once again. It was done without meaningful cuts in spending or tax increases. Subsequently, Standard & Poor's downgraded America's credit rating. The double dip recession in America is now official, with ...
There Is No Virtue in the Selflessness of the Left
August 24, 2011
This quote establishes the fundamental premise upon which all leftist revolutions and totalitarian regimes have rested their moral authority. That principle is the virtue of selflessness. Now, in everyday use the term "selfless" refers to an act of supreme kind ...
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