EDITORIAL
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November 21, 2012
Energy is a good thing. But it is as obedient to the law of Declining Marginal Utility as everything else. The point is obvious, but I'll prove it anyway. The real question on the table in this section is this: does it also obey the Rule of The Downside? Do you ...
November 21, 2012
The euro crisis has begun to feel like an everlasting steeplechase with high hedges and water obstacles blocking the path to economic resurgence on the Continent. Each time a hurdle has been cleared another problem emerges to potentially block the track. The la ...
November 20, 2012
Since 2001, we've held that the Western world – the world, really – is in a precious metals bull market. Just like the bull market of the 1970s, this will end in a tremendous blow-off that will leave some speculators very wealthy. Business cycles in the mod ...
November 20, 2012
First it was called "global warming" and now "climate change." But no matter what it is called, it is still a power elite dominant social theme. The idea is that humans are responsible for a great upswelling of heat and humidity around the world. The world may ...
November 20, 2012
Is all the recent talk of secession mere sour grapes over the election, or perhaps something deeper? Currently there are active petitions in support of secession for all 50 states, with Texas taking the lead in number of signatures. Texas has well over the numb ...
November 20, 2012
The United States government and its subject peoples think of the US as "the world's only superpower." But how is a country a superpower when its entire government and a majority of the subjects, especially those members of evangelical churches, grovel at the f ...
November 19, 2012
Janet Daley, a moderately conservative columnist for the UK Telegraph, has written a powerful article on the way Western governments are trending. There is only one thing wrong with the article, a fundamental flaw, in our view. But first, let's review the artic ...
November 19, 2012
In suggesting a "Super-Duper" congressional committee, Jeff Wrase is once again reinforcing the meme that congressional compromises are necessary to the functioning of the Republic. We would argue that in this Internet era – what we call the Internet Reformat ...
November 19, 2012
It is a feature of American culture that's most upsetting, though hardly anyone makes much of it at all. Indeed, I know several avid defenders of the free society who make regular and eager appearances on National Public Radio and I have to confess that I mysel ...
November 18, 2012
The Daily Bell is pleased to present this exclusive interview with David P. Goldman. Daily Bell: What do you think of fiat-oriented central banking? Should we return to a gold standard of some kind? David P. Goldman: Robert Mundell, in my opinion the great econ ...
November 17, 2012
"Post-election secession talk misses the point," writes the Nashua Telegraph in a guest editorial from The Keene Sentinel. It pulls together a lot of secessionist strands from around the United States. The Telegraph's coverage of this movement is both condescen ...
November 16, 2012
So Reuters is starting a new column with Zachary Karabell, the president of River Twice Research and River Twice Capital. He is also author of How China and America Became One Economy and Why the World's Prosperity Depends on It. This is surely a power elite do ...
November 16, 2012
While it is a bit difficult to figure out exactly where Washington's latest scandal begins and ends, the seriousness of what is occurring has been exacerbated by accusations that one of the central figures had "classified material" on a home computer. The neces ...
November 15, 2012
Here comes Lloyd Blankfein to try to make amends for his ridiculous statement not so long ago that bankers "do God's work." He's head of Goldman Sachs, perhaps the most powerful mercantilist banking firm in the world. The operative term is "mercantilist." Goldm ...
November 15, 2012
The modern US military, certainly post-World War II, has been in the media/propaganda business at home and abroad – but blunt statements about its presentations are hard to come by. It's not something talked about a lot. We've noticed that military involvemen ...
November 15, 2012
This may well be the last time I speak on the House Floor. At the end of the year I'll leave Congress after 23 years in office over a 36-year period. My goals in 1976 were the same as they are today: promote peace and prosperity by a strict adherence to the pri ...
November 15, 2012
William H. Gass is one of the cheerleaders of American statism and he has done his fair share of work in support of the near total state (having done stints at the White House, if memory serves me right). His latest efforts are in the November 2012 issue of Har ...
November 14, 2012
We've written a number of articles recently about what we consider to be the EU's directed history. It is obvious to anyone who studies these issues in this Internet era (where lots of REAL information is available) that the EU was set up to fail via the euro. ...
November 14, 2012
For some ten years now, we've been writing that Peak Oil was a power elite dominant social theme and that the idea of oil scarcity was fraud. Well ... surprise, surprise. Turns out the West – particularly the US – is just brimming with oil. Of course, this ...
November 14, 2012
Mike King of The Motley Fool tells us of "more large falls in newspaper circulation." This is an ongoing story but one that King flips around in a recent article on the subject. "Offsetting the decline, digital sales of newspapers appear to be rising," he write ...
November 13, 2012
Ellen Brown has been building a case for public banking for years now, ever since writing about it in her book, Web of Debt. We've been in discussions with her for several years and have watched her case grow and change. Dr. Gary North has done extensive debunk ...
November 13, 2012
We've read about the coming cooling but this article in The Register – an irreverent, 'Net-based tech site – is fairly detailed and interesting. We are not at all sure, however, that it constitutes a new meme; from what we can tell, it has not yet experienc ...
November 13, 2012
And the Lord spoke unto Moses, go unto Pharaoh, and say unto him, Thus saith the Lord: "Let my people go ... " – Exodus 8:1 Tens of thousands of Americans are now petitioning the White House wanting to withdraw from the union. Although peoples and regions aro ...
November 13, 2012
As the northeastern United States continues to recover from Hurricane Sandy, we hear the usual outcry against individuals and companies who dare to charge market prices for goods such as gasoline. The normal market response of rising prices in the wake of a nat ...
November 12, 2012
Here in this UK Telegraph news roundup we have several nuggets of incredibly important information. The first, above, speaks to the issue of what the EU is intended to become. Angela Merkel suddenly explains what must be clear to anyone who has had the stomach ...
November 12, 2012
This New Yorker article provides us with a splendid power elite meme and sub-meme. The dominant social theme is clearly that a political party must "woo" a specific ethnic group by promising them a share of government largesse. The subdominant social theme is t ...
November 12, 2012
At the outset I should confess that this may be something of a self-justification. I am not one whose ideas have been or have been meant to be original. At first this was just a plain matter of circumstance. Too many of the thoughts that I had were clearly unor ...
November 11, 2012
The Daily Bell is pleased to present this exclusive interview with Ned Schmidt. Daily Bell: You've been an advocate and practitioner of value-oriented investing for 30 years. But if the market is efficient, then can value investing work? Ned Schmidt: Market eff ...
November 10, 2012
The New York Times is out with a political article, "Question for the Victor: How Far Do You Push?" The Times points out that President Obama has obtained a second chance to fix a country on the "wrong track." The electorate has renewed his "contract" ... "We h ...
November 10, 2012
On November 6th a large percentage of the Ron Paul supporters (10% of the GOP electorate) in the primary season exited the corrupt GOP voting process, stayed home, watched our television screens (like I did) and followed through with our warning to the GOP esta ...
November 09, 2012
Ambrose Evans-Pritchard has recycled a name originally applied to Margaret Thatcher for Brusells's Eurocrats. He calls them "sado-monetarists" – and this is an apt term for those administering monetary poison to the Greeks. But is Europe really collapsing in ...
November 09, 2012
This isn't the biggest story in the world but it is one with clear power elite memes. The dominant social theme obviously has to do with the need for government, the larger the better. The subdominant social theme is that oil is in short supply generally and ne ...
November 09, 2012
Karl Marx was asked once how he could justify advocating a political system of slavery for the individual, which is what socialism is. He replied that socialism is not slavery; it is a "new kind of freedom." As all perceptive students of history know, the intel ...
November 09, 2012
"We all live in the South Bronx because that neighborhood is the unavoidable proof that American civilization can stop. It can stop literally right around the corner, and if it does nobody can do a thing about it. . . . " ~ Michael Ventura. It's the look that g ...
November 08, 2012
Post-election, the US Republican Party will go about the business of tearing itself to pieces, as well it should. As observers of directed history here at the Daily Bell, watching the past ten years of politics presented via the prism of what we call the Intern ...
November 08, 2012
Whenever we look, we are assaulted by unbelievable legislative actions. This has got to be the most incredible idea yet: To legislate portrayals of the family out of existence. What kinds of people come up with these ideas? What kind of people vote on them? Thi ...
November 08, 2012
For years I have cautioned that changes in the ownership of gold held in the vaults of key central banks around the globe may not have been accurately reported. A report issued last month in Germany has once again brought these issues to the fore. In today's en ...
November 08, 2012
Over the last several decades of American political life the idea of liberty has taken a back seat to that of democracy. Liberty involves human beings governing themselves, being sovereign citizens, while democracy is a method by which decisions are reached wit ...
November 08, 2012
The election that was supposed to be too close to call turned out not to be so close after all. In my opinion, Obama won for two reasons: (1) Obama is non-threatening and inclusive, whereas Romney exuded an "us vs. them" impression that many found threatening, ...
November 07, 2012
We are not surprised by Barack Obama's re-election. We believe the vote was probably rigged, as voting machines across the country now provide opportunities to do just this sort of thing. Not all machines even offer paper tallies anymore. Why would states put m ...
November 07, 2012
Sometimes in this business of meme tracking an article comes along that is so obvious and blunt it hardly needs scrutiny. This is one of those articles. But its candor does not exempt it from analysis. It is a kind of "best of breed" and worth commenting on if ...
November 07, 2012
I'm certainly glad the election is finally over. While I have loved politics my entire life, this presidential election has gone on for over three years, including the GOP primaries, and I've had my fill of meaningless slogans and counter-slogans, lies and coun ...
November 07, 2012
Last week I asked you to define three things: Something you want to stop doing, something you want to start doing – or do more of and a longer-term goal that you want to reach. Today I want to give you the beginning of a training regimen that will strengthen ...
November 06, 2012
In this article in Der Spiegel, written by columnist Jakob Augstein, we observe the meme that "isms" are different and powerful. Capitalism is different than communism, which is different than socialism, etc. We have some difficulties with this argument. But fi ...
November 06, 2012
The Washington Post published an interesting editorial yesterday, entitled "What kind of president would Obama be in second term?" I have my own thoughts, but let's take a quick look at this article, which provides us with a serious, even scholarly, set of ques ...
November 06, 2012
We've been aware of chelation and its usefulness for several decades. While our position regarding healthcare has gradually changed, we still believe that chelation is useful. Now, apparently, the FDA will have to do the same. Here's what we believe: Strive to ...
November 06, 2012
Hurricane Sandy was one of the worst natural disasters the East Coast has ever seen. Cleanup and recovery will take months, if not years and estimates run in the tens of billions of dollars. Parts of New York and New Jersey will never be the same. Entire seasho ...
November 05, 2012
This is a hopeful article but one that leaves significant questions in its wake. One could ask, for instance, how is it that modern economies can from time to time generate such vast unemployment? And why, most recently, has this unemployment been so difficult ...
November 05, 2012
It is not actually Britain that has been doing the invading but, apparently, the City of London. What this book doesn't tell you, or at least not the review, is the timeline of invasion. Here's a speculation: The number of invasions and their seriousness picked ...
November 05, 2012
Not long ago I woke up to the disturbing news from the Big Apple that some disgruntled ex-employee of the Empire State Building went on a shooting spree and killed someone, after which he was himself shot to death by police. No, I don't know the details but eve ...