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Oliver Stone, Central Banking Apologist
September 25, 2010
This new Oliver Stone financial film, "Money Never Sleeps," (a follow to his big 1980's hit "Wall Street") is notable for what it leaves out. Even with immense pressure on the Federal Reserve from a variety of sources, Oliver Stone fails to put recent central b ...
Remobilize Gold to Save the World Economy
September 25, 2010
An open letter to Paul Volcker, Chairman of the Board of Governors of the Federal Reserve, 1979-1987; Chairman of President Obama's Economic Recovery Advisory Board, presented to him, in person, last year. Dear Paul: In 35 years our paths have crossed for the s ...
State Fundamentalism
September 25, 2010
True, the idea came to me after having read many of Paul Krugman's missives, both his columns in The New York Times and essays in such magazines as The New York Review of Books. In his often very polemical writings - for a Nobel Laureate he does seem to indulge ...
Sounds of EU Squawking
September 24, 2010
We have puzzled some readers with our insistence that EU austerity was another fear-based promotion of the power elite, but in this article we will seek once again to why the elite has attempted to enforce austerity and why it is failing. Anyone, in our estimat ...
Big Science Shrinks?
September 24, 2010
While we have written numerous articles on the bureaucracy of big science and its varying incompetences, we have neglected to point out the impact that the unrolling financial crisis is having on what the Register (see above article excerpt) calls "boffins." We ...
Politicians' Criminal Minds
September 24, 2010
In our time, not entirely unlike in others, the main appeal politicians hold out for millions is that they join them in their resentful bashing of the rich. This is a successful ploy because in the past, of course, most riches came from conquest, from governmen ...
How Globalism Emerges – in a Rush
September 23, 2010
The power elite used to move along the waters of the world like a majestic supertanker with plenty of time to take evasive action when an obstacle was sighted. These days it races along like nuclear-powered destroyer. An additional dominant social theme might b ...
Fracturing of Global Sports
September 23, 2010
Just yesterday, we wrote about NFL quarterback Michael Vick who ran a violent dog-fighting ring and who, years after the offenses, remained something of a sports pariah from a reporting standpoint. We pointed out that the sports-writing community in particular ...
Are Consumers Finally Winning in Washington?
September 23, 2010
This past week the administration announced its choice for the first credit czar at the new Consumer Financial Protection Bureau. This bureau was created as part of the supposed Wall Street reform bill recently passed by Congress. This new bureau, which represe ...
No Way Could I Support Republicans
September 23, 2010
At times I have the impression that maybe there are practicing political allies out there somewhere, ones who are involved with current affairs, and at times it looks like these would be Republicans and especially conservative ones. That's because strictly spea ...
Land Ho!
September 22, 2010
Savvy investors – having realized that the stock market is not necessarily the way to generate terrific riches – are going back to the land. The dominant social theme might be, "Who can trust these paper products? Give us tangible, productive investments th ...
Does Vick Deserve Redemption?
September 22, 2010
We've watched the Michael Vick story unfold with some fascination. It tends to confirm what we think about sports reporters in general, that they exaggerate every single wrongheaded characteristic of mainstream reporters. This stands to reason after all; it tak ...
Markets Reject EU Austerity?
September 21, 2010
The UK Telegraph remains a mainstream anomaly; articles by Ambrose Evans-Pritchard often do not buttress the dominant social themes that the power elite is trying to promote. On the other hand, Evans-Pritchard is no free-market monetarist. He seems to believe i ...
The Rise of Iran
September 21, 2010
Is it jaw-jaw rather than war-war with Iran? Portions of the US military industrial complex obviously want war-war, but the pushback from other US military, intelligence and civilian sectors seem to mitigate against it. We remember when it seemed certain that t ...
Property Rights and Law
September 21, 2010
Some have been demeaning the right to private property - which is very closely linked to America's political tradition and if sufficiently discredited would also help destroy the country - because such a right is supposedly created by a legal system. If so, the ...
Gold: The Anti-Bubble
September 20, 2010
The Gold Council research makes the point that "The gold price is consistent with its long-run average level compared with a range of different assets, including equity indices and hard assets like oil." Or to put it another way, there is a new dominant social ...
Is the Tea Party a Modern-Day Renaissance?
September 20, 2010
We can only repeat that what is happening is a process, not a series of inexplicable, serial events. Of course, we may yet be wrong. Perhaps the power elite can - via censorship and military force - reverse the trends that we see continuing to grow. But think f ...
Tony Judt's Last Prevarications
September 20, 2010
As a loyal though reluctant reader of The New York Review of Books – too masochistic an experience at times but in my line of work unavoidable – I have read a lot of essays by the recently deceased public intellectual and NYU professor Tony Judt. A skilled ...
Tibor Machan on the US Tea Party, Its Influence and What the Future May Hold
September 19, 2010
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 ...
Why Does the US Need a Consumer Czar?
September 18, 2010
There is so much that is strange about this consumer financial protection bureau that it is not easy to know where to start. First of all transactions between someone borrowing money and someone lending it do not strike us as "consumption." We think of consumpt ...
Swiss Institutions Ask: Where's the Gold?
September 18, 2010
Have you ever wondered what would happen if most of the claimed US gold reserves do not really exist? Can Washington continue to operate under its own questionable and often non-existent accounting rules if it doesn't have the gold reserves as promised? Should ...
Why Government Is Necessary for Prosperity
September 17, 2010
This era has proven remarkable. We can actually see how dominant social themes are being built. We have compared this to watching an island form in the ocean out of volcanic material. It is a rare occurrence, but one that has confirmed our perspectives. The pla ...
Afghanistan Not Vietnam?
September 17, 2010
We really don't understand what is going on in Afghanistan anymore - or not from the perspective of the Anglo-American axis. Is it turning into another Vietnam, replete with body counts? Now there are "metrics" that the Pentagon and Obama administration are goi ...
On More Stimulus Spending
September 17, 2010
Faced with continuing economic decline and an impending election, the administration, predictably, is entertaining the idea of another stimulus package. To explain why the last one didn't work, adherents to the Keynesian economic philosophy are claiming that th ...
EU Bars France: Now It Begins
September 16, 2010
It is true that as the Internet becomes more comprehensive, patterns emerge. We see patterns and often those who patronize our humble blog see the same patterns, and others, only more deeply and clearly. We are grateful when they present these visions to us via ...
Internet Continues to Change the World
September 16, 2010
This is a strange story for the mainstream media to carry. We don't see any promotion here, not even a dominant social theme necessarily – as we believe the above-excerpted article provides us with a fairly clear recitation of what is actually occurring, and ...
IMF: It Falls Apart
September 15, 2010
We return to the West's sputtering economy and horrific unemployment because it shows two things. One, elite-structured capitalism doesn't work and, two, the Anglo-American power elite is most nervous about social explosions as a result of the crashing monetary ...
Where Krugman Went Wrong
September 15, 2010
Paul Krugman, writing in The New York Times on September 5 under the title "1938 in 2010", chastizes president Obama's economists once more for doing what they have promised not to do: to repeat the mistakes of president Roosevelt's economists in 1937 in pullin ...
NATO Takes Over?
September 14, 2010
We recently wrote about how a takeover by Brussels of Britain's financial centers was actually in our view nothing more than a real-estate transaction. British finance may move to Belgium, but the Anglo-American axis will still maintain control of it, just as t ...
What Has Happened to US Movies?
September 14, 2010
Satirist Joe Queenan is in great form in this article excerpted above and featured recently by the Wall Street Journal. Not only has it set the blogosphere abuzz, but we think it captures neatly an unspoken trend, which is that the movie fare that Hollywood pro ...
Oblivious to the Weight of History
September 14, 2010
Anyone in search of a short yet useful introduction to the life of Sir Winston Churchill will find it in Paul Johnson's biography. Johnson, a long-established historian of the modern age, has penned a readable and informative account of the life, personality, t ...
Military Keynesianism in Iraq
September 13, 2010
We have no idea where Iraq is getting the money to buy its weapons. Presumably, Iraq will print the money and the money will essentially act as a claim on Iraq's productivity as the Iraq political and military elite arm themselves first for domestic reasons and ...
First American Autism Award
September 13, 2010
The power elite, in our view, has a special affection for vaccine programs. The more emphatically efficacious it can make vaccines seem, the more ability the elite has to promote a variety of vaccine programs without significant push-back. We are also aware tha ...
Does the General Understand Freedom?
September 13, 2010
General Petraeus sadly got it wrong when he wants to shut down the Koran burning on the grounds that some will react to it irrationally. Sure, the burning should not happen because it is a needlessly provocative deed but no one should be forcibly stopped from u ...
James Payne on War, Politics and the Demise of Activist Government
September 12, 2010
The Daily Bell is pleased to present an exclusive interview with Dr. James L. Payne. Dr. Payne is Research Fellow at the Independent Institute and Director of Lytton Research and Analysis and author of numerous well-known, libertarian-oriented books. These incl ...
Europe Takes Over the City
September 11, 2010
It is likely confusing for most people to understand what is going on regarding the British financial system and Europe. On the surface it looks like a takeover of the British system, with the important regulatory elements migrating to Brussels. This is in fact ...
Peak Oil Bites the Dust?
September 11, 2010
Here at The Daily Bell we continue to cheerfully cover the degeneration of the elite's dominant social themes. (See other story in today's Bell.) The 21st century's truth telling via the Internet and the endless ravel of the financial crisis has proven increasi ...
The Power of Freedom
September 11, 2010
At this time when most people are clamoring, or at least hoping for, economic revival, the major debate centers around how it could be achieved. One side, mainly the current administration and its supporters in the academy, believe in some variety of stimulus i ...
China Real Estate Glut Widens
September 10, 2010
Once again we read an optimistic article about China and the Chinese miracle. We do not understand at this point how anyone looking at China can be positive about where this largest-of-all Asian economies is headed. Citing various kinds of industrial statistics ...
Afghanistan End Game
September 10, 2010
This is a dangerous time in Afghanistan for the West. As we have covered in numerous articles, Afghanistan is a war that the West wants desperately to win. This runs counter to the point of view of many in the alternative news community who believe that the Wes ...
Is It Deflation Yet?
September 09, 2010
Issues of inflation and deflation did not seem so important earlier in the 2000s, but the inflation versus deflation debate has heated up lately. The above article that we have excerpted has attracted considerable attention on the blogosphere, maybe because it ...
Let's Talk About Natural Rights
September 09, 2010
When various skeptics question the soundness of the American political system, one of their targets is the idea of human nature. After all, the founders took their political philosophy mainly from John Locke who thought human nature does exist and, based on wha ...
EU Fizzling
September 08, 2010
We have mentioned many times before that "austerity" was the wrong prescription for Europe. But the idea many have is that lazy European socialists deserve what they get. This is in fact, part of a dominant social theme, "The socialists have ruined Europe for E ...
Big Science Goes Broke?
September 08, 2010
We've written a good deal about big, government-funded science. Whenever we do, we get defense feedbacks from those who are somehow invested in the process. These feedbacks make it clear that in the 21st century – unlike the 20 preceding ones – things are " ...
Successful Economic Policies? For Whom?
September 08, 2010
Last week, in the wake of another uptick in the official unemployment rate, the administration continued to claim that their economic policies were working, just not fast enough. This administration inherited an unemployment rate of 7.7% and promised a peak of ...
Here We Go Again
September 08, 2010
Innumerable arguments and research have been produced showing that government stimulus is useless. Despite what President Obama and his cheerleaders in the academy, like Princeton's Paul Krugman, seem to believe (or at least say), there is no evidence that gove ...
TIME Spreads the Government-Wealth Meme
September 07, 2010
The Daily Bell analyzes the dominant social themes of the elite and thus it is natural that the Bell should be in the forefront of pointing out that the mainstream media presents these fear-based promotions. One of the ways, ironically, that the elite runs its ...
Combating HAARP Suspicions
September 07, 2010
Though hardly any of it seems to resonate with the American mainstream press, the rest of the globe is alive with conspiracy theories about American military power, 9/11, HAARP and other maleficent and perhaps mythical US schemes for global domination - full sp ...
EU Treasury Overkill?
September 06, 2010
In the other article in today's Daily Bell, we focus on how the elite back-story is in a sense falling apart with the foundering of the global warming promotion. We find much the same elements at work when it comes to the EU, which is being forced into existenc ...
Failure of the Famine Meme
September 06, 2010
There are plenty of people who don't and never will believe in organized fear-based promotions orchestrated by a shadowy, familial power elite. But it is this publications raison d'etre to discuss these promotions, point them out to those who wish to accept the ...
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