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Constitutional Problems with the Libyan War
March 29, 2011
Last week the Obama Administration took the United States to war against Libya without bothering to notify Congress, much less obtain a Constitutionally-mandated declaration of war. In the midst of our severe economic downturn, this misadventure has already cos ...
Krugman, Academic Freedom & Phony Whining
March 29, 2011
In his column of March 28, 2011, Paul Krugman whines a good deal about how Republicans in Wisconsin are targeting scholars who may not like their opposition to public service union profligacy. No doubt, in these battles all sides can go overboard but let's just ...
Price Inflation Strikes South America, Too, IMF Warns
March 28, 2011
Thumpety thump thump. The sound of price inflation on the march. The IMF is worried about it; but the IMF's expressions of concern (see article excerpt above) put us in mind of the famous Lewis Carroll poem, The Walrus and The Carpenter. Both of them pretend to ...
War Thy Name is David Cameron
March 28, 2011
Oh, boy. This article in the Telegraph attempts to argue that war is actually a form of political conversation. It has not-so-artfully reversed the reality of war so that the act of violence and murder somehow becomes an expression of redemption for David Camer ...
Dr. Hans-Hermann Hoppe on the Impracticality of One-World Government and the Failure of Western-style Democracy
March 27, 2011
The Daily Bell is pleased to present an exclusive interview with Dr. Hans-Hermann Hoppe. Dr. Hoppe, born in 1949 in Peine, West Germany, studied philosophy, sociology, economics, history and statistics at the University of the Saarland, in Saarbruecken, the Joh ...
Carbon Exchange Blossoms in Kenya … Say What?
March 26, 2011
We've written a good deal about how elite promotions stumble forward in the era of the Internet, even if they've been discredited. Global warming is surely one of the best examples of this. We've also written about how the powers-that-be may intend for Africa t ...
A Sample of Government-at-Work
March 26, 2011
Where I live there's no mail delivery. All USPS mail has to be picked up at the post office. And at the post office the address is, well, a P.O. Box with its number. If one sends a piece of mail to the house address, the zip code must contain the post office bo ...
The Struggle to Control the Internet
March 25, 2011
Two recent news stories regarding government funding of the Internet have caught the attention of the blogosphere recently. The first has to do with a grant that the US is giving to the BBC (see above article excerpt) and the second involves a plea made by US S ...
The Anglosphere Counterattacks With Elite Icons
March 25, 2011
Sometimes when one looks for emergent power elite dominant social themes they are ridiculously easy to spot. One of the most obvious, though least discussed memes of the elite, is the presentation of powerful and talented people who are backers (or part) of the ...
EU Bust-Up Seems Closer As Portuguese Default Looms
March 24, 2011
The footsteps just got louder. The break-up of the EU as it is currently constituted, is coming closer in our view, as we can see from the latest bad news involving Portugal and its potential insolvency (see article excerpt above). For us, the continued unravel ...
US Task Force Brings New Pressure to Settle With the Taliban
March 24, 2011
The New York Times and a high-level US task force (see article excerpt above) released statements yesterday (the Times actually ran an editorial) calling for a negotiated solution to the Afghanistan war. As recently reported in these modest pages, the calls com ...
The Treasury Auction Shell Game
March 24, 2011
Very few people have either the time or patience to sift through the data released by the Treasury Department in the wake of its bond auctions. But the numbers do provide direct evidence of the country's current financial condition that in many ways mirror a fi ...
The Proper Promotion of Liberty
March 24, 2011
The policy of imposing liberal regimes around the globe has proven to be a disaster and no wonder. It is simply not feasible to coerce people to be free - the idea is an oxymoron. It doesn't follow, however, that countries that are largely committed, even if on ...
EU, Troubled Titan
March 23, 2011
Germany is the largest and most powerful EU state, but the German leadership seems unwilling to subordinate German self-interest to the larger dictates of the Eurozone. Unless Germany agrees to be treated like all the rest (especially the smaller states) - and ...
Bonds and BALCO … Again
March 23, 2011
Who knows how much the eight-year investigation into whether or not Barry Bonds knowingly ingested steroids has cost? Surely millions, perhaps tens of millions. In an article yesterday, we discussed the institutionalized insanity of the Anglo-American "war on d ...
US Kill Teams Target Afghan Civilians as Trophies
March 22, 2011
The longer these wars continue, the worse it gets. Young men, taught to kill with industrial efficiency (itself an unnatural act) may eventually exhibit psychopathologies that come with the ongoing pressures of "winning hearts and minds." In truth, there is ver ...
Surprise! Britain Discovers the War on Drugs Doesn't Work
March 22, 2011
Bankruptcy has a way of concentrating minds, and Britain is near bankruptcy. The pound is not a reserve currency, so British elites cannot print endless amounts of notes/pounds secure in the knowledge that the world will be forced to absorb them for energy-purc ...
Fed and Inflation
March 22, 2011
Last week, the subcommittee which I chair held a hearing on monetary policy and rising prices. Whether we consider food, gasoline, or clothing, the cost of living is increasing significantly. True inflation is defined as an increase in the money supply. All oth ...
Quick Response Puts Yen on the Line
March 22, 2011
One of the immediate financial consequences of the catastrophic Japanese earthquake is that Japan needs to call on its huge cache of foreign exchange reserves to rebuild its shattered infrastructure. To pay for domestic projects, Japan will require yen – not ...
The Fed Feels So Good
March 21, 2011
The Bloomberg article wants us to believe that employment is rising, inflation is better than deflation and the Fed as an institution will know exactly when to withdraw all the extra currency sloshing around in the system. But the central unfairness that has to ...
Women Are Better Warriors
March 21, 2011
A fundamental dominant social theme of the Anglo-American power elite so far as we can tell has to do with he innate superiority of the female sex. This is a touchy subject for both men and women, but it seems to be true - and we have written about the issue in ...
Bill Bonner on the Failing US Bond Market, the Coming Hyperinflation and the End of the Dollar Reserve System
March 20, 2011
The Daily Bell is pleased to present another exclusive interview with Bill Bonner. Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy ...
Another Obama War
March 20, 2011
Following the US-lobbied UN authorization of military murder in Libya, the death-dealing regime of Colonel Gaddafi said immediately that it would stop all killing. That put Obama's war on hold, for a little while. The crazy Colonel has learned a thing or two ab ...
Libya, The Good War?
March 19, 2011
In this article, I'll return to the point I made previously, not only in these pages but during one of my interviews with Russia Today on the topic: For one reason or another the Anglo-American elite wants regime change throughout the Middle East, and elsewhere ...
A Crucial Constitutional Fact
March 19, 2011
In my efforts to defend the free society and its basic principles, the idea of natural individual human rights, I run across the objection – advance by both conservatives and "liberals" – that once a constitution has been accepted, it overrides those princi ...
The Anglo-American Gaddafi Deception
March 19, 2011
One has needed a score card to keep up with the twists and turns of the situation in Libya and what will follow over the weekend is still unclear. My point is while we wish the people of Libya and their color revolution victory over crazy Gaddafi, they have lik ...
Silent Coup: EU Takes Over Europe?
March 18, 2011
The EU took over Europe the other day. Did you read about it? Perhaps you know erstwhile that Lady Gaga has a brand new single out about gender tolerance, though the video itself is chockfull of Illuminati symbolism and sado-masochist violence. And, oh, yes, by ...
Green Shoots of Price Inflation
March 18, 2011
In an article entitled "Ben and Barry's Inflation Problem" we pointed out the inevitability of price inflation in America and that it might well upset Barack Obama's plans for a second term. We indicated that we thought price inflation was likely sooner rather ...
Self-Debasement is Wrong
March 18, 2011
As a child and teen I had been very seriously abused, especially while in my father's "care". He had in mind to make me into a clone, forced me to do athletics relentlessly and when he detected any resistance on my part, beat me mercilessly. None of this result ...
Ben and Barry's Inflation Problem
March 17, 2011
Ben Bernanke's monetary stimulation has been pervasive and ongoing; it has also been historically massive. Never before has a central bank dumped US$20-$50 trillion into the marketplace within a two year time-span as the Fed under Bernanke seems to have done. A ...
Do Western Elites Really Care About Fukushima?
March 17, 2011
Japan has called in the cavalry. Having struggled with the failing nuclear reactors in Fukushima, Japan has requested US aid and the US has responded with a panoply of high-tech solutions. Sometime today, apparently, drones will soar over Fukushima in an attemp ...
Monetary Lunatics: Is QE3 Ahead?
March 17, 2011
Austrian School economists have often explained the business cycle using the metaphor of liquor or drugs. The expansion of paper money and credit gives a sense of exuberance, an economic high that leads to excessive risk-taking and ballooning production. But it ...
On Irrevocable Punishments
March 17, 2011
My idea is somewhat unusual in that I do not argue against the death penalty as a cruel and unusual type of punishment, nor do I claim that the death penalty is barbaric or demeans members of societies in which it is practiced. There certainly are people who do ...
Ireland Hammered to Raise Corporate Tax
March 16, 2011
"This can't stay like this," says German Finance Minister Wolfgang Schaeuble, speaking of Ireland's fairly low 12.5-percent corporate rate. According to Agency France Press (see article excerpt above) Schaeuble claimed that US Treasury Secretary Timothy Geithne ...
Desperate Cult of Technology
March 16, 2011
Yesterday we wrote about the predilection of the Anglo-American power elite to make life as complicated and mysterious as possible. Whether it is automobiles, power plants or even "home entertainment systems" almost nothing is immune from the urge to elaborate, ...
Europe's Coming Meltdown
March 15, 2011
The just-completed deal between North and South Europe (between Germany and the PIGS, really) is apparently almost entirely one-sided and bound to inflame not diminish civil unrest as spring begins to bloom across Europe. The lines of battle are not hardening; ...
End of Nuclear Power?
March 15, 2011
Yesterday we provided something of an update on Green technology, which in some instances is not proving anymore successful in the 21st century than it did in the 1970s. We concluded by suggesting that the Green movement was more about centralizing power and co ...
No-Fly Won't Fly Constitutionally
March 15, 2011
Last week we once again heard numerous voices calling for intervention in Libya. Most say the US should establish a "no-fly" zone over Libya, pretending that it is a benign, virtually cost-free action, and the least we could do to assist those trying to oust th ...
Practicing the Principles of Non-Intervention – At Home and Abroad
March 15, 2011
Events in other parts of the world, such as the civil war in Libya, and the revolutions and mass public demonstrations against various tyrannical and autocratic governments in several countries in the Middle East, have aroused a deep sympathy among the American ...
Japan: The Tipping Point
March 14, 2011
All economies are similar in the age of central banking. When confronted with disasters, economic or otherwise, the first instinct is to print money (see article excerpt above). Many things in life are uncertain, but central banking is not one of them. Central ...
Why Green Is Blue
March 14, 2011
The 2000s are like the 1970s in so many ways. Then, too, Green businesses were touted as up-and-coming. There were so many "can't miss" businesses and the Carter administration funded a good many of them. But then the long recession came in and Ronald Reagan wa ...
Tom Harpur on Bible Mythology and Why He says Jesus Christ Never Lived Historically
March 13, 2011
The Daily Bell is pleased to present an exclusive interview with Tom Harpur. Mr. Harpur, born in 1929, is a Canadian author, broadcaster, columnist and theologian. An ordained priest, he is a proponent of the Christ myth theory, the idea that Jesus did not exis ...
Mid-East Conflict Not Exactly About Oil
March 12, 2011
To say as many commentators do, that the color revolutions in the Mid-East and North Africa is about oil to miss the point. Well not exactly. Oil is an important part of the equation in so far as it relates to the greater agenda of the Western power elite to cr ...
A Middle East Warning: American-Style Democracy Isn't the Answer
March 12, 2011
The entire world except for government leaders and politicians are thrilled with the revolutionary spirit moving through the Middle East. The leaders of authoritarian regimes from Tunisia to Egypt have fallen and the rest are threatened in every nation in the r ...
What Western Elites?
March 12, 2011
Some avid supporters of the free market write a great deal about Western Elites who, among other things, want to impose democracy on the Middle East and are bent on controlling the world's financial institutions and doings. Since no person or institution is na ...
Why Not a Global Currency?
March 11, 2011
So much of the world's economy is in flux these days. The Middle East suffers from serial color revolutions. In Europe, the euro is faltering because of the Sovereign debt crisis. Despite comforting predictions from the Obama administration, America remains mir ...
Peter King's Terror Hearings Take Over
March 11, 2011
Yesterday's hearing on radicalization of Muslim Americans brings up a larger perspective regarding what is going on in America and a close look into Western-style democracy. The incessant harping on "terrorist Islam" as presented in these US congressional heari ...
Geithner Expresses Confidence in EU Measures
March 10, 2011
Timothy Geithner seems confident that the EU will resolve the current sovereign debt crisis but we wonder if this confidence is misplaced. The Anglo-American power elite is struggling on many fronts these days as it apparently strives more energetically than ev ...
The Truth About Archeology
March 10, 2011
One of the great things about the Egyptian revolution – other than the removal of the Mubarak regime itself – is the end of Zahi Hawass' tenure as Secretary General of the Supreme Council of Antiquities. In the last decade anyway and maybe for longer no pro ...
Lyndon Johnson's Great Society: A Free Market Critique
March 10, 2011
This paternalistic legacy of the Great Society era remains with us today. Indeed, it is at the center of the political and social controversies enveloping American debate and conflict about the future direction of the country. Many, if not most, of the supposed ...
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