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Greece in America
October 10, 2011
Most of us who are aware of world financial trends know that earlier this year thousands of Greeks took to the street and mercilessly engaged in destruction of property around Athens. They were upset about having to tighten their belts in the wake of the possib ...
John McManus on the John Birch Society, What It Stands For and Why It's Been Attacked
October 09, 2011
The editors of The Daily Bell are pleased to present an interview with John F. McManus, President of the John Birch Society and publisher of the New American. In 1973, John F. McManus accepted an appointment by Robert Welch, the Society's Founder, as the organi ...
Hope for Occupy Wall Street?
October 08, 2011
It is interesting to watch the expansion of the Occupy Wall Street movement. As I wrote last week, I hoped it would provide an opportunity to for people to proclaim clearly that central banking was the fundamental problem with the Western world today. The artic ...
Obama the Wuss!
October 08, 2011
Here is why President Obama is a wuss. He has never shown much taste for the war on drugs yet he has done nothing to stop it. He could save a bundle of money (certainly vital in these times) and, more importantly, get people out of jail and prison who shouldn't ...
Evil Occupies Wall Street?
October 07, 2011
Today, we hear the heavy tread of the "rough beast" and we see for ourselves the progress of a cold-blooded anti-freedom movement rising in front of our disbelieving eyes. What proximate cause drives this revelation? On October 15th there is to be a "worldwide ...
BOE Undermines Economy With More Money Printing
October 07, 2011
Daniel Hannan (left) is one of the good guys in the increasingly surreal world of modern politics and economics. Like only a handful of other British politicians, he's made a career out of explaining the ludicrousness of modern socioeconomic (Keynesian) policie ...
Occupy Wall Street: The Coordinated Promotion Continues
October 07, 2011
The orchestrated "one world" promotion continues. It started in earnest, perhaps, 100 years ago with the creation of central banks and the graduated income tax, was militarized by two wars, expanded by the attack of 9/11, exacerbated by the economic crisis of 2 ...
Afghanistan, a Promotion in Tatters
October 07, 2011
Give the UK Telegraph credit once again for going where few mainstream publications will dare to tread. This article states fairly bluntly that the West has lost the war in Afghanistan ... again. (For at least a second time in 100 years and according to some co ...
Steve Jobs Is Dead, Techno Worship Lives
October 06, 2011
Probably the powers-that-be breathed a sigh of relief with the death of Steve Jobs. He partnered with friend Steve Wozniak in the creation a mobile, personal computer in 1976. They built it in a garage in California, added the ability for people to store data o ...
Occupy Wall Street Turns Into 1930s Populism
October 06, 2011
It must have been intensely frustrating for the powers-that-be over the past few years to witness the explosion of free-market thinking that accompanies the unrolling financial crisis that started in late 2007. But now there's Occupy Wall Street and one begins ...
New Yorker: Keynes Is Just All Right
October 06, 2011
Keynes is back. He's been down, but he's due for a fashionable reappraisal, and he's receiving one from the New Yorker's John Cassidy (see above). Cassidy admits he's always thought of himself as a Keynesian and he's frank about his apparent admiration for John ...
What Amanda Knox Tells Us About Justice
October 06, 2011
We've been following the Amanda Knox story with a kind of resigned fascination. Someone murdered Meredith Kercher in Italy, and in fact, that "someone" is now jail in Britain – convicted by DNA evidence – but the Italian prosecutors' blood lust was not slak ...
Will Congress Declare A Trade War Against China?
October 06, 2011
The approval ratings for both the US House and Senate are currently in dramatic free-fall. A September 2011 Gallup Poll warns that 81% of Americans are dissatisfied with how the United States is being governed. Other findings include a near record criticism of ...
Last Gasp Transparency Meme to Salvage Big Gov [& OWS Protests?]
October 05, 2011
There is a specter haunting libertarian reformers ... the specter of transparency! It is not necessary to downsize big government after all. Leviathan lives! If you simply insist on bureaucratic openness, then much of the corruption and fraud of big government ...
Roman Disaster Redux: Private Sector Collects Debts
October 05, 2011
One of the signals that Rome was failing was when the emperors began to use private debt collectors to harvest government taxes and fines. Once the private sector made common cause with the public sector, the velocity of mercantilism increased dramatically. Pri ...
Ron Paul Is Out of the Mainstream on Awlaki Killing
October 05, 2011
This is one of the wackiest articles we have read yet. US News and World Report just posted an article explaining that because libertarian congressman Ron Paul, now running for US President, found last week's killing of Anwar al-Awlaki unconstitutional and repr ...
Occupy Wall Street – Oh No! [& Open Letter to Alex Jones]
October 05, 2011
With increasing fervor, the "first official document" of the Occupy Wall Street protests has been circulated and posted. It was actually adopted on Sept. 29th but is now being publicized with increasing energy and translated as well into such languages as Frenc ...
Alex Jones Campaigns to 'End the Fed'
October 04, 2011
Libertarian 'Net publisher Alex Jones has plans to appear at three Federal Reserve branches in Texas – Dallas, Houston and San Antonio – to protest the ongoing abuses of fiat-money, often called Money Power. He is calling on others to join him and has liste ...
Don't Look to Government to Address Grievances
October 04, 2011
Does the current, expanding American protest movement "Occupy Wall Street" have specific demands? It doesn't seem so. In fact, Occupy Wall Street organizers (whoever they are) seem to have made conscious decisions not to emphasize specific demands for fear of a ...
The Myth of Constitutional Money
October 04, 2011
So Rep. Dennis Kucinich wants "interest-free government money spent into circulation – as the Constitution mandates – instead of being borrowed into existence from the private banking system at ruinous interest." He is not alone. Ellen Brown has been bangin ...
Wall Street – Off With Their Heads
October 04, 2011
There will be blood? During the French Revolution, the authority of the State was used to power the guillotine; CNN is happy to advance that same proposition in our view. Of course, the writer of this CNN story, Alan Silverleib, doesn't exactly verbalize it, bu ...
The Fed Twists, The Market Shouts
October 04, 2011
Last week the Federal Reserve began the second incarnation of "Operation Twist," an attempt to drive down interest rates by purchasing long-term Treasury debt and selling short-term debt. This is just the latest instance of the central bank desperately flailing ...
Currency: The Hidden Portfolio Risk
October 04, 2011
In today's investment landscape, risk can come in all shapes and sizes. When structuring a stock portfolio most investors try to gauge the risk in buying particular stocks. Savvier investors also factor in sector risk, business cycle risk and recession risk. Ca ...
Daily Bell Helps Blow Up Wall Street Protest Via Drudge, Prison Planet and Google
October 03, 2011
Has Internet alternative news come of age? Is the Internet Reformation gathering power like a gale force wind? Just as it was during the era of the Gutenberg Press 500 years ago, the change-making of information technology is implacably turning the elite power- ...
Breathing Life Into Phony Wall Street Meme
October 03, 2011
This article by Robert Kuttner, co-founder and co-editor of The American Prospect, is a perfect example of the way the Occupy Wall Street meme was supposed to play out. The positioning (see excerpt above) of the protests is intended to replace the Tea Party and ...
Tibor Machan on Private Morality Versus Government Perfectionism – and Who Wins …
October 02, 2011
The editors of The Daily Bell are pleased to present an interview with well-known libertarian philosopher Tibor R. Machan. Dr. Machan is currently Professor Emeritus, Department of Philosophy, Auburn University, Alabama, and holds the R. C. Hoiles Endowed Chair ...
Blaming Wall Street Is Wrong
October 01, 2011
The Blame Wall Street meme is back. A popular movement called Occupy Wall Street is attracting attention by protesting in and around the US financial district. In this editorial, I want to examine what the protest means in a larger context. The impulse of the d ...
On the Recent Gold Pullback
October 01, 2011
The past couple weeks have seen a strong pullback in both commodity prices and stocks. Gold fell sharply off its peak after soaring just past $1,900. Volatility in commodity, currency, and equity markets has been very high recently, and these short-term price m ...
BRICs Begin to Crumble?
September 30, 2011
In India, the government believes it's OK for up to 70 percent of the country to live on fifty cents (US) a day; in Brazil, growth is slowing markedly (see article excerpt above); and China continues to struggle with unrest and growing doubts about its ongoing ...
Transparency Meme Creeps Closer
September 30, 2011
What's the New York Times up to? This story excerpted above was prominently featured the other day in the New York Times and that doesn't happen by accident. The Times is a virtual meme machine, churning out articles that support the Anglosphere's dominant soci ...
DB Briefs: EU Crisis Is Real / US Declares War on Pakistan? / Idiot Economists / Phony '60s Missile Gap
September 30, 2011
EU Crisis Is Real: UK has become a nation of zombie companies ... When it comes to supporting UK manufacturing, the Coalition government's record has so far proved almost as disappointing as the last one's. … US Declares War on Pakistan?: For the first time ...
Barroso Says EU Will Overcome
September 29, 2011
EU Commission President José Manuel Barroso, once a Maoist, has given yet another stirring speech, hoping to rally the party faithful. In the speech, he revealed three separate financial approaches that Eurocrats hope will raise revenue. As a young man, Barros ...
A Modest Proposal on Expensive Child-Rearing
September 29, 2011
This article presents us with a chance to evaluate what Western families want to provide to their children. We have touched on this before but can now readdress these issues within the context of child rearing, thanks to this CNN article delineating costs of ch ...
DB Briefs: Is Obama on the Way Out? / Yemen's Tricky Ali Saleh / EU Crisis Is Real
September 29, 2011
Staff Reports: Is Obama on the Way Out? Yemen's Tricky Ali Saleh. EU Crisis Is Real. ...
Good Bye, Reason?
September 29, 2011
This passage comes from the managing editor of Reason magazine, which I helped launch back in 1970 and which set out to be a corrective to our society's widespread embrace of various versions of subjectivism and relativism. The passage exemplifies just such a v ...
Lost in a Yemen Jail! … A DB Staffer Speaks About His Long, Strange Trip and the Secret Gulag America Has Built in the Middle East and Africa
September 28, 2011
Coming across the border of Yemen for some reason, a top Daily Bell gnome predictably (you really can't send them anywhere) attacked a senior Yemen official with gustatory intentions. The ravenous gnome was then taken into custody and remanded to the second-mos ...
Depression Leaves Investors Feeling 'Like a Dog Without a Bone'
September 28, 2011
This is a big dominant social theme for the masses of confused people who have heeded the prescription to put their hard-earned dollars into stock and bond markets. (See article excerpt above.) Just wait. The sun will come out tomorrow. Of course, many people m ...
US Won't Release Bin Laden Death Photos
September 28, 2011
The US government is at it again. While the entire world is aware now that Bin Laden was killed by Navy SEALS on May 1, 2011, evidence corroborating the killing has never been released. Everyone should take it on faith, but unfortunately, the US government does ...
DB Briefs: Enabling Euro-Elite Fears Downturn / Republicans Desperate to Beat Ron Paul / Beware the Cantaloupe That Kills
September 28, 2011
Staff Reports: Enabling Euro-Elite Fears Downturn. Republicans Desperate to Beat Ron Paul. Beware the Cantaloupe That Kills ...
Horror of the Quants
September 27, 2011
This article by the BBC's Richard Anderson ticks all the boxes of a certain kind of dominant social theme. One is supposed to be slightly melancholy at the pace of progress in the global stock market and the application of trading technology to what used to be ...
No Justice in the West
September 27, 2011
Part of Western mainstream media propaganda is the "limited hangout." And the Internet era – the Internet Reformation in fact – is forcing such limited hangouts on a variety of fronts. Whether it is global warming, central banking or criminal justice itself ...
DB Briefs: Economist Mag Makes Up New China Term / Avoiding Ron Paul, Desperate Republicans Turn to Chris Christie / Indian Gov Says Poor Can Live on Half Dollar a Day
September 27, 2011
Staff Reports: Economist Mag Makes Up New China Term. Avoiding Ron Paul, Desperate Republicans Turn to Chris Christie. Indian Gov Says Poor Can Live on Half Dollar a Day. ...
A Palestinian State?
September 27, 2011
The Palestinian Authority's recent announcement that it would seek UN recognition as an independent state dominated the news and the political debate in the United States last week, though in truth it should mean very little to us. Only a political class harbor ...
The Police State Abolishes the Trial
September 27, 2011
Several years ago, the police entered the office of a young professor at a reputable university and arrested him for an online crime. They took the professor away, booked him, and then offered him a deal: admit guilt and get off easy. The professor said to the ...
Are the Tribes of Europe Ready to Explode?
September 26, 2011
This story is interesting because it is written by a mainstream journalist and actually tells the truth about Greece – that Greece, or its citizens, are ready to explode. One can extrapolate from Greece to the rest of the EU, or at least its Southern half. Pu ...
How Tony Blair Earns His Millions
September 26, 2011
The implication of this article seems to be that the attack that was launched against Libya had to do with the failure of an aluminum loan. It is part of a larger dominant social theme, in our view, that the West's wars are fought over resources and exploitativ ...
DB Briefs: EU – Is it a Disaster Yet? / EU Leaders Need to Step Up / Al Jazeera's Phony Four-Part Series?
September 26, 2011
Staff Reports: EU – Is it a Disaster Yet? EU Leaders Need to Step Up. Al Jazeera's Phony Four-Part Series? ...
Infrastructure Stimuli
September 26, 2011
One of my colleagues, who is in substantial agreement that the free market is best, argues that if one is going to have a stimulus – and given how politicians always need to do something, whatever it is, this is very likely in the face of crises such as the c ...
James Bovard on His Famous Libertarian Books, America's Failing Freedom and 'Why Life Is too Short to Drink Bad Beer'
September 25, 2011
The Daily Bell is pleased to present an exclusive interview with James Bovard. James is the author of nine books, including Attention Deficit Democracy (2006), The Bush Betrayal (2004), and Lost Rights: The Destruction of American Liberty (1994). He has written ...
Will the Real Culprits of Euro Doom Stand Up?
September 24, 2011
The Telegraph has carried an article entitled "The Great Euro Swindle" by Peter Oborne and Frances Weaver who have written a book on the subject (Guilty Men) from which the article is excerpted. They ask a good question, which is why those who have backed the u ...
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