EDITORIAL
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June 25, 2012
I have been reading into Herbert Croly's The Promise of American Life (1909). Croly was the founder of The New Republic, which has remained a foremost middle way publication on the American political scene, a champion of the welfare state, of a half way between ...
June 24, 2012
Today I would never want to raise a family or manage a new company inside the US. There is too much terrorist and foreign policy risk, political risk, dollar risk, regulatory risk, crime and out-of-control federal agencies. What's left of the Constitution and B ...
June 23, 2012
Thank you, O mighty State, for protecting us ... Thank you, O mighty Central Bankers, for continuing to create piles of monopoly money to fuel the State's efforts ... And special thanks also to the major media conglomerates who continue to assist their readers ...
June 22, 2012
So ... the "big four" – Merkel, Monti, Rajoy and Hollande – are meeting in Rome today. Reuters, a bought-and-paid-for media facility of the power elite, will be present to report on the scene and to remind us that our world depends on these four individuals ...
June 22, 2012
This is a most interesting article posted at the alternative website American Dream. While its main conclusion is one of anger – even despair – over US government interference in the lives of peaceful US citizens who want to become more resource independent ...
June 21, 2012
It makes one want to throw up his hands and cradle his aching head. Here is Professor DeLong, who once served as a Clinton-era deputy assistant secretary of the treasury for economic policy, writing an entirely nonsensical editorial. The only hopeful sign is th ...
June 21, 2012
This is a great article that Susanne Posel has written over at the Activist Post website. It's really an analysis of the potential failure of one of the power elite's main dominant social theme, global warming. As you can see from the excerpt above, a noted Gre ...
June 21, 2012
The Secret Service is much in the news for their partying ways. But to be shocked at the behavior of the young men and women in the Secret Service is perhaps to betray a naïveté about the way government really works. In this article, we'll try to shed some li ...
June 21, 2012
In many states of the country, including California, there is a crisis brewing in the public service employment region. No longer are public service employees expected to be motivated by service, as distinct from their private sector colleagues who are pretty m ...
June 20, 2012
As the EU continues to unravel the idea of a Northern EU complete with its own currency seems to be becoming more feasible. Top mainstream journo Ambrose Evans-Pritchard is doing a good job of keeping us up-to-date on the desperate proposals floated by various ...
June 20, 2012
We missed this one but Forbes did us the favor of reporting on it. The BRICs are apparently considering creating a kind of basket of currencies that would be "aimed at containing crises such as the one roiling the eurozone." This is not exactly a "new" currency ...
June 20, 2012
Psychotherapy, done well, can be a great help to people who need it. For a wide range of psychological symptoms and troubles, or for dealing with a certain range of relationship issues, some time spent with a good psychologist or counselor can be extremely valu ...
June 19, 2012
Quantitative Easing. Operation Twist. Discount Window. The mavens at the Fed have so much jargon at their disposal. Not anymore. This is really simple to understand – see above. Fed board members gave trillions to their own banks so the would survive the cris ...
June 19, 2012
In this snide little article, a Washington Times columnist who apparently might be characterized as a Neocon takes it on himself to instruct Ron Paul supporters as to how they ought to react emotionally and intellectually to the "end" of the Ron Paul campaign f ...
June 19, 2012
It's all over the news: Egypt's Muslims continue to make progress toward controlling government from an electoral standpoint and Israel has started making noises of considerable concern. Meanwhile in Tunisia, Prime Minister Hamadi JebaliJebali's moderate Islami ...
June 19, 2012
Last week I joined several of my colleagues in sending a letter to President Obama requesting clarification of his criteria for the lethal use of drones overseas. Administration officials assure us that a "high degree of confidence" is required that the person ...
June 19, 2012
"The Euro Titanic has now hit the iceberg and sadly there simply aren't enough lifeboats." – Nigel Farage, United Kingdom Independence Party Another Greek election and an uncertain outcome will likely continue the corrupt status quo in Greece. The Greek polit ...
June 18, 2012
The SEC couldn't regulate a paper bag. It was set up in the 1930s by global elites to give the appearance of a Wall Street cop without providing the reality. It's part of Washington's larger dysfunction and is only notable because of its brief, which is to appr ...
June 18, 2012
This is a very interesting article that has been posted around the web but caught our attention because it frankly makes the case that both Georgism and Social Credit – now making a timid comeback – are facilities of Fabianism. The Fabian Society believed t ...
June 18, 2012
In the wake of Governor Scott Walker's survival of a recall vote, initiated by friends of Wisconsin's public service unions, let's explore again just why such unions are perverse. Bona fide labor unions work within a free-market system where firms compete for c ...
June 17, 2012
The Daily Bell is pleased to present another exclusive interview with Mark Skousen. Introduction: Mark Skousen is the producer of FreedomFest, which will be held in Las Vegas from July 11th through 14th. Dr. Skousen has had a diverse career. He has taught at C ...
June 16, 2012
UN-Water Survey Examines Water Law Reform ... Twenty years ago this June world leaders gathered in Rio de Janeiro for an Earth Summit to develop an action plan for sustainable development. They discussed a wide variety of topics including climate change, altern ...
June 15, 2012
The Internet has surely helped focus the mind on the insanity of central banking. Now, when we read articles like this, we can translate them immediately. Mervyn King claims that banks need the aid of the British central bank that he runs and he is prepared to ...
June 15, 2012
There is surely a power elite that is trying to drive the world into depression. We would tend to believe it is succeeding. This latest squawk from Goldman Sachs is testimony to that. We know the elites intend to drive the world into depression because the syst ...
June 14, 2012
Is the Euro-crisis finally coming to an end? Just yesterday, we pointed to the intractability of the larger European position regarding any EU "bailout." But we have also previously covered Ambrose Evans-Pritchard's reporting on the so-called sinking fund that ...
June 14, 2012
This is another one of those Economist articles that reads better if you don't read it more than once. It points up once more the issues we've discussed regarding insider trading, its hopelessness as a legal doctrine and the general unfairness of prosecuting th ...
June 14, 2012
It is not a waste of time to revisit the topic of business bashing, especially in light of President Obama's current attacks on wealth creation. He says he prefers job creation, as if the latter were possible without the former. (Well, in a tyrannical system it ...
June 13, 2012
Over at the Telegraph, Ambrose Evans-Pritchard has done us the favor once again of providing reports that show clearly the intractabilty of the Euro-crisis. He points out that while the Eurocrats in Brussels can come up with plan after plan, the Germans must fu ...
June 13, 2012
The New York Daily News is out with an article critical of boxer Floyd Mayweather for wanting to serve his three-month jail sentence at home. Mayweather was convicted for hitting the mother of two of his children, Josie Harris, in front of them. He could have r ...
June 13, 2012
Rand Paul, in defense of his endorsement of Mitt Romney said on DailyPaul Radio that he was making a political judgment that would help him work with others in Congress. He pointed out his father had made similar endorsements. Politics is the art of compromise, ...
June 13, 2012
Have you spent more time worrying over the last few years? I know I have. There is plenty to worry about, what with fascism growing, the economy shrinking, the world becoming more dangerous and the media and education establishments in full-on propaganda mode f ...
June 12, 2012
Mavrodi ended up in prison, but when he came out, he started a series of "legal" Ponzi Schemes. They were legal because he admitted to them up front. People invested in them at their own risk. And when they collapsed, people couldn't claim they'd been tricked. ...
June 12, 2012
We've written two articles about Rand Paul's misguided endorsement of GOP potential presidential candidate Mitt Romney. In the first article, we discussed the inevitability of what we call the Internet Reformation – and its ongoing expansion. In the second ar ...
June 12, 2012
Last week the Congressional Budget Office (CBO) issued its annual long-term budget outlook report, and the 2012 numbers are not promising. In fact, the CBO estimates that federal debt will rise to 70% of GDP by the end of the year - the highest percentage since ...
June 11, 2012
This article in The Fiscal Times is a bit strange because it doesn't seem to come to a conclusion about upcoming automatic cuts by Congress. We will, though. The Fiscal Times is a project of billionaire Pete Peterson, a Wall Street mogul who is surely a scion o ...
June 11, 2012
Greenbackerism's devotion to the myth of Abraham Lincoln as a benevolent and wise individual who stood up to Money Power has been extensively debunked by such free-market historians as Thomas DiLorenzo. He's written several persuasive books on the subject and b ...
June 11, 2012
"When you're president, as opposed to the head of a private equity firm, your job is not simply to maximize profits," said president Obama recently. He added, "Your job is to figure out how everybody in the country has a fair shot. Your job is to think about th ...
June 10, 2012
The Daily Bell is pleased to present this exclusive interview with Robert Oulds. Introduction: Mr. Oulds is the Director of the London-based Bruges Group, and an international political analyst who has made a specialty of analyzing and opposing the European Un ...
June 09, 2012
Rand Paul keeps making news – bombshell after bombshell. Just yesterday, CNN recently ran an article quoting Rand Paul as saying "it would be a great honor to be considered as a vice president for the Republican Party. I think that would be something that any ...
June 08, 2012
The big news in Europe is not the implosion of the euro but the steadily advancing financial market tax. This is a tax on financial transactions and it will constitute the biggest single intrusion into private affairs since, well ... the income tax. We learn fr ...
June 08, 2012
Rand Paul endorsing Mitt Romney is a bit strange. We question the necessity and we are interested in the reasoning. On the surface, to us it doesn't make much sense. But on a deeper level it illustrates the differences of vision between father and son. This art ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
